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Millionaire Teacher Andrew Hallam

Millionaire Teacher By Andrew Hallam

Millionaire Teacher by Andrew Hallam


$16.49
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Summary

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.

Millionaire Teacher Summary

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School by Andrew Hallam

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 for 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 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.

Millionaire Teacher Reviews

'If you want to make sure that your money is invested wisely, then this is the book for you. (turnonepoundintoamillion.com, January 2012) '...quirky, upbeat and above all interesting...a book for anyone. (blog.iii.co.uk, March 2012) This book is engaging and easy to read. (retireby40.org, 16th April 2012)

About Andrew Hallam

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.

Table of Contents

Acknowledgments xiii Foreword xv Introduction xix RULE 1 Spend Like You Want to Grow Rich 1 The Hippocratic Rule of Wealth 2 Can You See the Road When You re Driving? 6 One of the Savviest Guys I Ever Met And His View on Buying Cars 8 Careful Home Purchases 11 Millionaire Handouts 13 How Did I Become a Millionaire? 14 Looking to the Future 17 RULE 2 Use the Greatest Investment Ally You Have 19 Compound Interest The World s Most Powerful Financial Concept 21 The Bohemian Millionaire The Best of Historical-Based Fiction 23 Gifting Money to Yourself 26 When You Defi nitely Shouldn t Invest 28 How and Why Stocks Rise in Value 28 RULE 3 Small Percentages Pack Big Punches 33 With Training, the Average Fifth Grader Can Take on Wall Street 34 Financial Experts Backing the Irrefutable 35 What Causes Experts to Shake Their Heads 38 When the Best Funds Turn Malignant 41 Reality Check 46 Who s Arguing against Indexes? 55 RULE 4 Conquer the Enemy in the Mirror 61 When a 10 Percent Gain Isn t a 10 Percent Gain 61 It s Not Timing the Market that Matters; It s Time in the Market 64 On Stocks ... What You Really Should Have Learned in School 67 Internet Madness and the Damage It Caused 72 Taking Advantage of Fear and Greed 75 Opportunities after Chaos 78 RULE 5 Build Mountains of Money with a Responsible Portfolio 85 What Are Bonds? 86 Profi ting from Panic Stock Market Crash 2008 2009 90 Having a Foreign Affair 92 Introducing the Couch Potato Portfolio 94 Combinations of Stocks and Bonds Can Have Powerful Returns 97 RULE 6 Sample a Round-the-World Ticket to Indexing 101 Indexing in the United States An American Father of Triplets 101 Indexing In Canada A Landscaper Wins by Pruning Costs 108 Indexing in Singapore A Couple Builds a Tiger s Portfolio in the Lion City 114 Indexing in Australia Winning with an American Weapon 119 The Next Step 121 RULE 7 Peek Inside A Pilferer s Playbook 125 How Will Most Financial Advisers Fight You? 125 The Totem Pole View 132 Is Government Action Required? 134 RULE 8 Avoid Seduction 139 Confession Time 139 Investment Newsletters and Their Track Records 143 High-Yielding Bonds Called Junk 147 Fast-Growing Markets Can Make Bad Investments 147 Gold Isn t an Investment 149 What You Need to Know about Investment Magazines 150 Hedge Funds The Rich Stealing from the Rich 153 RULE 9 The 10% Stock-Picking Solution ... If You Really Can t Help Yourself 157 Using Warren Buffett 158 Commit to the Stocks You Buy 159 Stocks with Staying Power 164 Selling Stocks 174 The Nine Rules of Wealth Checklist 179 Index 181

Additional information

GOR010449873
9780470830062
0470830069
Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School by Andrew Hallam
Used - Like New
Paperback
John Wiley and Sons Ltd
20111111
208
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

Customer Reviews - Millionaire Teacher