The Long View: JL Collins - The Case for Simplicity

[@siedimani8770]

I love this guy! I agree with him completely! Thank you for the greatest guest!

[@stillhopeful7048]

Such a clear explanation of dollar cost averaging compared to lump-sum amount investing. I finally understood thanks to Mr. Collins!

[@shazam67]

JL is a legend. For the Morningstar folks, don't be afraid to loosen up and make it a little more lively. The back and forth felt really sterile and a bit forced. Make it a conversation, not a dental cleaning.

[@jec1ny]

Outstanding interview.

[@stillhopeful7048]

Great episode! Love Mr. Colllin's wisdom and investing experience.😊

[@ltmsimply]

Awesome interview! Well done asking some great questions and pulling stuff out of JL!!! Well done guys!

[@dyannesharp7343]

So happy J.L. is back.

[@michelemichele6387]

Wonderful interview. JL is a financial independence SAVAGE!💪💪💪

[@stevekrause5931]

Very helpful interview. Thanks for providing it!

[@christinab9133]

Amazing!

[@dapperlink]

This was an inspiring interview! Funny, what he calls a “Road to Damascus” moment, I call a “Saul to Paul” moment 😊😇. I’m moved to some action any time I’ve heard JL speak, even if it’s just reviewing my portfolio.

[@cmburns2606]

JL is the best

[@kirsten121]

I just hope I can stand firm when the crash does come! I get pissed off any months that I don't win at least £25 on my UK NS&I Premium Bonds!

[@tekootianderson]

He's a national (international) treasure not only in the U.S. Humbly, I think he kinda took over from Bogle to advocate for Bogle's philosophy for index funds. Cherish him people.

[@bigshoe84ify]

The crashes are the best time to invest

[@vinodpractical]

So original

[@daviddrake8742]

wisdom

[@myhouse-yourhouse]

Thank you m*!

[@fredatlas4396]

What about UK investors for example. Would this strategy of just investing in a total US stock market index fund or etf with maybe a bond fund to increase diversity and lower volatility, depending on the time frame available, work for UK investors

[@lindseykerr9670]

The concept works but as a non American you can’t invest solely in the US market index funds but you can invest in the FTSE Global All Caps fund which is principally made up of the USA market. Check out JL’s UK pals Alan Donegan and Katie his wife. They run Rebel Finance School, blog and present KZbin videos on Indexing from the UK perspective.

[@gmh953]

The problem with finance is that it's still an infant science where random amateurs get a platform.

[@stevenlanier2422]

Jesus is LORD. Follow Him, and His words. [I love reading the Book of Acts too. Nothing like it.] In fact, I love reading the Bible overall. I know thats not popular, but its a wonderful book.

[@Bobventk]

He is incredibly misguided on intl diversification

[@Manofsteel519]

No need for international stocks?? What a goof. Do some research. Lots of times in history international stocks have outperformed the us

[@CoastCam]

How long are you going to let intl drag down your portfolio?

[@Manofsteel519]

@@CoastCam the us has outperformed for like 10 years. There have been lots of 10 year periods where the opposite has been true. Recency bias is a dangerous thing in a portfolio.

[@davidknecht]

Within the S&P 500 companies, in any given year, approximately 30% to 40% of their combined revenue is outside the US. That seems like a lot of foreign exposure already. Do you think additional foreign exposure is warranted?

[@Manofsteel519]

@davidknecht yes

[@jamesmorris913]

I'm hesitant to invest internationally, as well. I looked at a 40 yr chart of U.S. and international..and while international does out-perform in certain periods, it's not significant..AND..it's not a true "diversifier", because the two indeces NEVER "zigged" while the other "zagged"..they always moved in the same direction (over extended periods), just in a less exaggerated fashion, at times; UNLIKE bonds, or gold; for example.