Background

Passive Income Expert: Buying A House Makes You Poorer Than Renting! Crypto Isn't A Smart Investment

The Diary Of A CEO with Steven Bartlett12 de enero de 20268115
Compartir episodio:Descargar

Descripción del Episodio

Serial investor JL COLLINS reveals why renting is smarter than buying, the biggest lies about investing, how tax and debt destroy wealth, and how small savings will TRANSFORM your life! 

JL Collins is a financial educator best known for his book ‘The Simple Path to Wealth’, which has sold millions of copies worldwide. He’s also the author of the JL Collins blog, including the renowned ‘Stock Series’, and has been investing for over 4 decades.

He explains: 

◼️How “F-You Money” changes every decision you make

◼️Why mortgages lock up opportunity and reduce long-term freedom

◼️Why index funds outperform almost everyone over a lifetime

◼️Why working harder doesn’t stop being broke

◼️Why financial independence is about control, not consumption


00:00 Intro  

03:27 Common Misconceptions About Money  

05:10 Financial Freedom  

06:15 Successful People Often Have Trauma  

13:11 Mental Benefits of Financial Security  

14:22 What Is F.U. Money?  

15:59 Buying a House Isn’t Always a Good Financial Idea  

20:46 The Psychological Impact of Buying a House  

22:00 Why Younger Generations Could Benefit From Flexible Living  

25:32 The Easiest Path to Wealth  

26:49 What’s Stopping You From Becoming Financially Independent  

29:32 How Spending Habits Reflect Self-Esteem  

31:30 Advice for Getting Out of Debt  

36:03 Should I Invest in Bitcoin?  

38:43 Should I Rush to Pay Off My Mortgage?  

40:50 Interest Rates Explained  

41:28 How Mortgages Work  

42:36 How to Get a Good Interest Rate on Your Mortgage  

46:37 Is It Safe to Invest in Stocks in the AI Era?  

49:17 Emotional Impact of Investing Without Enough Money  

52:33 Do Men Take More Investment Risks Than Women?  

54:09 Ads  

55:13 The Magic of Compounding Interest  

1:02:38 What's the Point of Being Frugal If I Want to Enjoy Life?  

1:03:35 Young People Don’t Care About Their Future Selves  

1:07:08 Why You Should Invest for Your Children  

1:10:28 How Much of My Income Should I Be Saving?  

1:12:54 Deferring Taxes With Retirement Savings Plans  

1:20:04 Index Funds vs Individual Stocks  

1:27:39 The Beer Analogy (Stocks)

1:33:40 Don’t Sell When the Market Drops  

1:35:09 Is Investing Just Gambling?  

1:36:06 Are Financial Courses a Scam?  

1:37:27 Ads  

1:39:26 Do I Need a Financial Advisor?  

1:42:13 What Does Your Portfolio Look Like?  

1:43:19 What Are Bonds?  

1:45:23 Asking ChatGPT the Ideal Path to Wealth  

1:46:26 How Do I Earn More?  

1:47:14 Why Failure Is Necessary for Growth  

1:49:33 You Can Have a Small Income and Still Be Financially Free  

1:59:53 What's Your Biggest Regret?  

Follow JL Collins: 

X - https://bit.ly/4jy2cfp 

Instagram - https://bit.ly/49binMk 

You can purchase JL’s book ‘The Simple Path to Wealth: Your road map to financial independence and a rich, free life’, here: https://amzn.to/4aQvBPV 

The Diary Of A CEO:

◼️Join DOAC circle here - https://doaccircle.com/ 

◼️Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook 

◼️The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt 

◼️The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb 

◼️Get email updates - https://bit.ly/diary-of-a-ceo-yt 

◼️Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb 

Lucas Jones (poet and artist): https://www.instagram.com/lucassjoness/?hl=en

Sponsors:

Rubrik - To learn more, head to https://rubrik.com  

Stan: NO PURCHASE NECESSARY. VOID WHERE PROHIBITED. For Official Rules, visit https://DaretoDream.stan.store 

Episodios Recientes

Passive Income Expert: Buying A House Makes You Poorer Than Renting! Crypto Isn't A Smart Investment

Más podcasts de Sociedad y Cultura

Ver toda la categoría →
Grandes Infelices

Grandes Infelices

By shows

"GRANDES INFELICES. Luces y sombras de grandes novelistas" es un podcast literario de Blackie Books presentado y dirigido por el escritor Javier Pe&ntilde;a (autor de los libros &ldquo;Agnes&rdquo; e &ldquo;Infelices&rdquo;).Javier Pe&ntilde;a repasar&aacute; cap&iacute;tulo a cap&iacute;tulo la vida y obra de destacados escritores y escritoras, que a veces tuvieron vida de novela, pero no siempre de las felices.<hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

OnlyFantasy

OnlyFantasy

By shows

<p>Leon Neyfakh is a journalist and podcaster best known as the co-creator and host of <em>Slow Burn</em>, <em>Fiasco</em>, and <em>Backfired</em>. He has been a reporter for <em>Slate, The Boston Globe</em>, and <em>The New York Observer </em>and is the author of the book <em>The Next Next Level</em>. Listen to his newest podcasts here.</p><p><br></p><p><strong>Season 3: OnlyFantasy</strong></p><p>In this provocative investigation into OnlyFans— the adult platform where subscribers around the world spent more than $7 billion in 2024— journalist Leon Neyfakh teams up with comedian and OnlyFans creator Gracie Canaan for a one-of-a-kind exploration into the current state of human connection.</p><p>Throughout, they discover that the site originally built for spicy adult content has quietly and surprisingly become something more complicated— an emotional marketplace where desire, performance, care, fantasy, and vulnerability seemingly blur together.</p><p>As Neyfakh and Canaan navigate timely questions about autonomy, performance, and profit, a question emerges: is connection mediated by a screen still authentic? To find the answer, they meet creators building lucrative businesses, subscribers who believe they’ve found something real, professional “chatters” who are paid to simulate affection, and pioneers who have helped engineer intimacy at scale.</p><p>Captivating and tender, &lt;i&gt;OnlyFantasy&lt;/i&gt; is ultimately about the cost of loneliness, the seductive power of desire, and how the rules of human intimacy are being rewritten online.</p><p>Is what’s happening on OnlyFans real? Or is it only a fantasy?&nbsp;</p><p><br></p><p><strong>Season 2: Final Thoughts: Jerry Springer</strong></p><p>Jerry Springer wasn’t supposed to become the host of <em>The Jerry Springer Show</em>. Before the chairs started flying and the fights became a daytime TV staple, the man then known as Gerald Springer was an idealistic rising star in Democratic politics, with ambitions to one day be elected governor of Ohio.&nbsp;</p><p>From Leon Neyfakh and Prologue Projects<em> —</em> the team behind <em>Slow Burn</em>, <em>Fiasco</em>, <em>Backfired, </em>and <em>Think Twice: Michael Jackson —</em> comes <em>Final Thoughts: Jerry Springer</em>.</p><p>You may think you know Springer, the notorious ringmaster of what <em>TV Guide</em> once called “the worst show in television history.” But long before Springer’s name became synonymous with outrageous guests, taboo confessions, and vicious on-stage brawls, he was the mayor of Cincinnati<em> —</em> a serious and popular politician who many believed was the future of the Democratic Party. So, what happened?</p><p>This series traces Springer’s unlikely transformation<em> —</em> from the son of Jewish refugees who fled Nazi Germany, to a respected public servant, to the face of a show many called a symptom of cultural decline. Through intimate interviews with the people who knew him best<em> —</em> family, political insiders, and the producers who helped shape his show<em> —</em> <em>Final Thoughts</em> will bring you closer than ever to the man behind the spectacle, and maybe even cause you to rethink some of your own life choices.</p><p><em>Final Thoughts</em> isn’t just a story about one man’s improbable career path. It’s about how far someone can go for success and what they’re willing to trade to stay on top. Was Springer pulled into the gutter, or did he just understand it better than anyone else?&nbsp;</p><p><br></p><p><strong>Season 1: Think Twice: Michael Jackson</strong></p><p>More than a decade since Michael Jackson’s death, his legacy remains complicated and unresolved. <em>Think Twice: Michael Jackson</em> is an exploration of the King of Pop’s life and impact — and an investigation into why his global influence continues to endure, despite the disturbing allegations against him. In this ten-part series, journalists Leon Neyfakh and Jay Smooth bring you a new perspective on the Michael Jackson story, based on dozens of original interviews with people who watched it unfold from up close.&nbsp;</p><p><br></p><p><strong>Credits</strong>:</p><p>Hosts — Leon Neyfakh and Gracie Canaan&nbsp;</p><p>Supervisor Producer — Sam Lee</p><p>Editor — Diane Hodson&nbsp;</p><p>Producers — Dustin DeSoto and Betsy Shepherd</p><p>Mix Engineer — Erica Huang</p><p>Theme Song and Score — Billy Libby</p><p>Fact-Checker — Annika Robbins&nbsp;</p><p>Executive Producers — Lara Regan Kleinschmidt, Jules Henderson, and Heather Won Tesoriero</p>

48 Hours

48 Hours

By shows

“48 Hours” uncovers the narrative behind crime and justice cases that have left a lasting mark on society. Award-winning CBS News correspondents thoughtfully examine the complexities of each crime by transporting you to the heart of the investigation through key evidence and gripping interviews with critical figures from the case. The unmatched reporting has made a tangible difference in countless lives, leading to the exoneration of wrongly convicted individuals and the reopening — and resolution — of previously closed cold cases.Listen to a new “48 Hours” episode every Monday&nbsp;and&nbsp;then go deeper into the case on Tuesdays with the immersive “Post Mortem” series — producers and correspondents join host Anne-Marie Green to discuss key evidence, dead ends, mishaps, and stranger-than-fiction twists they faced in the field. Also available on the 48 Hours YouTube channel. Plus, every Wednesday and Thursday, we’ll revisit a classic “48 Hours” episode.&nbsp;Get ad-free access to 48 Hours podcasts by subscribing to 48 Hours+. Subscribe at 48HoursPodcasts.com, then listen in Apple Podcasts, Spotify, or use your private link in your favorite podcast app.

Arsénico Caviar

Arsénico Caviar

By shows

<p>Un podcast original de Podium, con Beatriz Serrano y Guillermo Alonso, que gira en torno a los sentimientos que mueven nuestras vidas: el odio, la antipatía y el resentimiento. O, más bien, sobre las cosas y las personas que despiertan estos oscuros sentimientos que nosotros intentamos que permanezcan dormidos pero la vida no lo permite. En Arsénico Caviar creemos que el odio une y define más que el amor, y si el amor puede mover montañas, nosotros queremos dinamitarlas.</p> <p>'Arsénico Caviar' ha sido galardonado como Mejor Podcast conversacional (ex aequo) en los II Premios Ondas Globales del Podcast.</p>

Diego Ruzzarin

Diego Ruzzarin

By shows

Filosofía, noticias, política global, pensamiento crítico y reflexiones, con Diego Ruzzarin, brasileño, políglota y crítico ideológico con maestría en Diseño de Experiencias y consultor en todos los continentes. Todo mi contenido y merch disponible aquí: https://linkpop.com/diegoruzzarin IG: @diegoruzzarin FB: @diegoruzzarin Hosted on Acast. See acast.com/privacy for more information.

En Boca de León

En Boca de León

By shows

Con su estilo único y sensibilidad inigualable, León Krauze comenta las noticias y las historias más importantes del día para ti.

Elton John Impact Awards

Elton John Impact Awards

By shows

<p>Elton John Impact Awards honors the cultural icons championing equality for everyone. Inspiration meets impact in an unforgettable celebration of voices changing the world. Hosts Billy Porter and Elvis Duran lead a series of intimate and candid conversations with Elton John, David Furnish, and six incredible honorees whose work has shaped culture, advanced equality, and driven positive change for the LGBTQ+ community - Jonathan Bailey, Laverne Cox, Melissa Etheridge, Billie Jean King, Orville Peck, and Chappell Roan. These awards are all about recognizing those who cleared the path for us, and the ones who are lighting the way for future generations.</p>

Five Miles From Home

Five Miles From Home

By shows

When beloved high school junior Micaela Costanzo disappears on her way home from track practice, the race to find her leads to unlikely suspects, simmering rage, and unimaginable betrayal. Keith Morrison takes us to a small Nevada casino town to find out what really happened that night under the desert sky.