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Robert Brokamp

๐Ÿ‘ค Speaker
2120 total appearances
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Podcast Appearances

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And I think the average withdrawal rate, if you looked at all 30-year periods since the 1920s, is somewhere between 6% and 7%.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

So it certainly makes sense to be very flexible with your approach to it, for sure.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Let's move to a final question here.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

In your book, you wrote, quote, one of my few regrets is that I spent far too much time worrying about how things might work out.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

It's a huge waste.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

It's a bit hardwired into me.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Don't do it.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

So did this concern about the future influence your approach to money?

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Was it part of the reason why you felt the need to save so much?

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And to the extent that you no longer spend time worrying, how were you able to get over it?

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Well, JL, this has been a great conversation.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Thank you so much for joining us.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Thanks for spending part of your weekend with us, and thanks to Bart Shannon, the engineer for this episode.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

As always, people on the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

So don't buy or sell stocks based solely on what you hear.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

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Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

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Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

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Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

I'm Robert Brokamp.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Fool on, everybody.