Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School
This book was updated in January 2017
More about the 2nd Edition
The incredible story of how a schoolteacher built a million-dollar portfolio, and how you can too
Most people wouldn’t expect a schoolteacher to amass a million-dollar investment account. But Andrew Hallam did so, long before the typical retirement age. And now, with Millionaire Teacher, he wants to show you how to follow in his footsteps. With lively humor and the simple clarity you’d expect from a gifted educator, Hallam demonstrates how average people can build wealth in the stock market by shunning the investment products peddled by most financial advisors and avoiding the get-rich-quicker products concocted by an ever widening, self-serving industry.
- Shows why young investors should hope for stock market crashes if they want to get rich
- Explains how you can spend just 60 minutes a year on your investments, never open a financial paper, avoid investment news, and still leave most professional investors in the dust
- Promotes a unique new investment methodology that combines low cost index funds and a Warren Buffett-esque investment philosophy
Millionaire Teacher explains how any middle-income individual can learn can learn the ABCs of personal finance and become a multi-millionaire, from a schoolteacher who has been there and done that.
[su_spoiler title=”Click Here to Read the Table of Contents”]
Foreword
Introduction
The Hippocratic Rule of Wealth
Can You See the Road When You’re Driving?
One of the Savviest Guys I Ever Met—And His View on Buying Cars
Careful Home Purchases
Millionaire Handouts
How Did I Become a Millionaire?
Looking to the Future
Compound Interest—The World’s Most Powerful Financial Concept
The Bohemian Millionaire—The Best of Historical-Based Fiction
Gifting Money to Yourself
When You Definitely Shouldn’t Invest
How and Why Stocks Rise in Value
With Training, the Average Fifth Grader Can Take on Wall Street
Financial Experts Backing the Irrefutable
What Causes Experts to Shake Their Heads
When the Best Funds Turn Malignant
Reality Check
Who’s Arguing against Indexes?
When a 10 Percent Gain Isn’t a 10 Percent Gain
It’s Not Timing the Market that Matters; It’s Time in the Market
On Stocks … What You Really Should Have Learned in School
Internet Madness and the Damage It Caused
Taking Advantage of Fear and Greed
Opportunities after Chaos
What Are Bonds?
Profiting from Panic—Stock Market Crash 2008-2009
Having a Foreign Affair
Introducing the Couch Potato Portfolio
Combinations of Stocks and Bonds Can Have Powerful Returns
Indexing in the United States—An American Father of Triplets
Indexing In Canada—A Landscaper Wins by Pruning Costs
Indexing in Singapore—A Couple Builds a Tiger’s Portfolio in the Lion City
Indexing in Australia—Winning with an American Weapon
The Next Step
How Will Most Financial Advisers Fight You?
The Totem Pole View
Is Government Action Required?
Confession Time
Investment Newsletters and Their Track Records
High-Yielding Bonds Called “Junk”
Fast-Growing Markets Can Make Bad
Investments
Gold Isn’t an Investment
What You Need to Know about Investment Magazines
Hedge Funds—The Rich Stealing from the Rich
Using Warren Buffett
Commit to the Stocks You Buy
Stocks with Staying Power
Selling Stocks
Index
[su_spoiler title=”Click Here to Read Endorsements and Reviews”]
“…if you are looking for the first, and possibly only, book to read if you want to figure out how to finance the rest of your life, you can read Andrew Hallam’s “The Millionaire Teacher.”” — Scott Burns
“‘Millionaire Teacher’ is a an inspiring must-read.” — Canadian Business
“It’s that kind of experience and wisdom that makes ‘Millionaire Teacher’s such an outstanding book. It’s easy to find excellent books about investing, but it’s rare to read an author who so clearly understands how people think and act in their financial lives.” — canadiancouchpotato.com
“The book itself focuses on nine rules of wealth that people should have learned in school… These rules nicely distill what has been said in many of the better personal finance books out there: particularly those that cover indexing and the futility of high-cost actively managed investment approaches.” — Financial Post
“I would recommend Hallam’s book as a great investment guide for the investor that wants to be more engaged with their portfolio.” — Jim Yih, retirehappyblog.ca
“Written simply, the book is suitable even for those who have little knowledge of finances.” — Personal Money
“If you want to make sure that your money is invested wisely, then this is the book for you.” — turnonepoundintoamillion.com
“…quirky, upbeat and above all interesting…a book for anyone.” — blog.iii.co.uk
“This book is engaging and easy to read.” — retireby40.org