Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School - Softcover

Hallam, Andrew

Softcover

ISBN 10: 0470830069 ISBN 13: 9780470830062

Publisher: John Wiley & Sons Inc, 2011

Synopsis

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.
Using low cost index funds, coupled with a philosophy in line with the one that made Warren Buffett a multi-billionaire, Hallam guides readers to understand how the stock and bond markets really work, arming you with a psychological advantage when markets fall.

• 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 anyone can learn the ABCs of personal finance and strengthen their financial position.

About this title

About the Author

Andrew Hallam is a high school teacher at an American international school who built a million dollar investment portfolio on a teacher’s salary. He has been writing personal finance articles since 2002, and he has been nominated a finalist for two National publishing awards. His work has appeared in MoneySense magazine, L’Actualite and Reader’s Digest.

He has also been profiled in The Globe and Mail, for his nine rules of wealth, and in The Wall Street Journal- with a quirky plea to sleep in Warren Buffet’s garage.

Motivated to protect his friends and colleagues from the conflicts of interest running rampant in the financial service industry, Andrew started delivering investment seminars in 2006, showing how people can easily beat the investment returns provided by the vast number of financial advisors.

Currently, Andrew lives in Singapore with his wife, Pele. Together, they traveling, adventuring outdoors and savoring life.      

From the Back Cover

“Andrew Hallam has distilled the timeless lessons for investing into nine easy to understand and easy to follow rules. The newbie investor will not find a better guide than Millionaire Teacher.”
 - Burton G. Malkiel, Author, A Random Walk Down Wall Street 10th Edition

“This is a great book. If there was a course called Life 101, this book would be its primary reading. It’s as easy to read as Tobias, Bernstein, or Solin, but it starts from Ground zero and walks you quickly to the true keys to personal finance and investing. It’s what you need to know, told with humor, in a way you can understand.”
 - Scott Burns, Chief Investment Strategist, AssetBuilder, Inc.
   Personal Finance Columnist, Universal Press Syndicate

“Put away your checkbook. Instead give this book to every young person and you will be gifting them a   lifetime of financial independence and success.”
 - Robert P. Miles, Author, Warren Buffett Wealth

“If you buy just one book this year, this is it. Studies warn that too many investors are financially illiterate today. Millionaire Teacher will educate and inspire a whole new generation of savvy investors who think themselves, regularly beat The Street and will retire successfully.”
 - Paul B Farrell, JD, PhD, Author, The Millionaire Code, The Winning Portfolio and The Lazy Person’s Guide to Investing

“Do you spend too much and save too little? Do you wonder why your investments always seem to roll behind the eight ball? In clear, compelling, and highly entertaining prose Andrew Hallam will explain to you exactly why, and what to do about it. And if you’re a non-US resident, there’s an added bonus: strategies for long-suffering Canadian, Australian, and Singaporean investors that can easily be applied to other nationalities as well.”
 - William Bernstein, Author, The Investor’s Manifesto and The Four Pillars of Investing

From the Inside Flap

As a high school teacher Andrew Hallam is aware of what kind of personal finance education you probably received in school. While you were memorizing the names of dead presidents, battling with trigonometry and laboring over a periodic table of elements, you were probably getting short-changed on the basics of money.

So he wants to make it up to you: with Millionaire Teacher-Nine Rules of Wealth You Should Have Learned in School.

This isn’t a get-rich quick scheme. It is, however, the same time-tested, evidence-based plan that allowed Mr. Hallam to become a millionaire on a teacher’s salary.

Journey with him to explore what most wealthy people already know: if you spend your money responsibly, you can eventually grow rich.

Let him guide you to evidence-based investment strategies of index funds, and laugh when you learn how to whip the pants off most finance professionals, while spending just an hour and a half each year on your investments.

Best of all, learn to defend yourself against the self-serving army of financial planners that aim to pad their own bank accounts, at your expense.

The nine rules of wealth weren’t part of your school curriculum. But it’s not too late to learn them. Take this final class with an entertaining teacher who has already walked to walk. You deserve it.

Edition details

• Publisher: John Wiley & Sons Inc
• Publication date: 2011
• Language: English
• ISBN 10: 0470830069
• ISBN 13: 9780470830062
• Binding: Paperback
• Edition number: 1
• Number of pages: 184