5 financially independent individuals and couples share the book that changed their investment strategy

• A popular book among FIRE community members is “The Simple Path to Wealth” by JL Collins.
• The author advocates for simple, index-fund investing.
• An index fund tracks the performance of a specific market benchmark — or ‘index,’ like the S&P 500.

When Carl and Mindy Jensen started investing, they put most of their money in individual stocks.