Articles by Kathrin

The author is an expert in behavioural finance and history and an avid proponent of financial independence.

In his book, he takes us through some of the most important lessons he’s learned about why we act the way we do and how to think positively about wealth and investing.

This book is a classic in the personal finance space.

In it, the authors detail what they have learned after interviewing countless millionaires and their families.
But are the concepts helpful in today’s world, 25 years later? And can European investors apply the lessons learned from American millionaires?

What makes the book stand out? Our readers won’t be surprised to learn that most of Nick’s work can be found in other books we’ve reviewed. In fact, parts of the book have been published on Nick’s own Of Dollars and Data blog.

But with this new compendium, Nick adds some fresh perspectives.

Most importantly, he organizes the essential knowledge into actionable steps and does it in a pleasant way.

The Little Book of Common Sense Investing by John C. Bogle, published in 2007, is an account of why the author is in favor of using index funds when investing. In essence, the advice is simple: invest in a broad market index fund and hold for the long term.

But Bogle goes into detail about why such a strategy will produce above-average results and what factors affect your investment the most.

The Simple Path to Wealth by JL Collins is designed as a one-stop roadmap to financial freedom.

Since its publication in 2016, it has sold over 400,000 times and been translated into several other languages, including Japanese and German.