Steven Bartlett: JL Collins advises against home buying as a path to wealth

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10 hours ago

Steven Bartlett: JL Collins advises against home buying as a path to wealth — JL Collins says skip home purchase for wealth

JL Collins, author of The Simple Path to Wealth, said that if his daughter wanted to be wealthy, he would advise her not to buy a house. Collins described buying a home as taking on the maximum debt a bank will allow, suggesting this may not support wealth accumulation. Steven Bartlett, founder of Flight Studio, shared Collin's perspective via social media.

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Bartlett has previously commented on major business developments, highlighting the purchase of UFC for $2 million and its estimated rise to a $50 billion valuation over 25 years in a recent analysis. He also noted WeWork’s rapid workforce reduction from 13,000 to 3 employees within a single week following its failed IPO, as detailed in an earlier report. These observations reflect Bartlett’s ongoing focus on significant shifts in corporate scale and value.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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