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

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

by

, finance, from-lib, my-library, business, read-in-2016, book-a-week-experiment, favorites, read-in-2014, personal-finance, Economics, Nonfiction, Finance, Currency, Business, Self Help, Education, Audiobook

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.

Title:Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School
Edition Language:English
ISBN:9780470830062
Format Type:

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

  • Brahm

    Update: 7 years later...Since 2012 this review has floated to the top of the stack. I'm glad people have found it useful! I wanted to edit in this update to answer an unasked question: "Is this book s...

  • Dania

    Out of the four books (The Wealthy Barber Returns; Wealthing like Rabbits; Personal Finance for Dummies) I read about personal finance - this was no doubt the best, and the shortest, one. If you're a ...

  • Dele Omotosho

    This book can be summarized with this Warren Buffet quote (referenced in the book, pp. 77):A short quiz: If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wi...

  • Neal

    I would give the book five stars if it left off all the parts about the author himself and his anecdotes on his own financial picture. Also the title would have to be changed to something less obnoxio...

  • Toki

    I don't know why I'm always embarrassed to tell people I'm reading books about money. Maybe I just assume they'll all think I'm a financial dunce? Well, I am. And so is everyone else I know. You shoul...

  • Patrick Sherriff

    The stock market is a mad dog on a long lead, and other insights... my proper review is here: https://patricksherriff.com/2019/04/1......

  • Mireille Duval

    I think this is a very good introduction to investing for most people. Some parts are too detailed (too much repetition in the "why you must pick index funds" parts, and then discussion of single stoc...

  • Celise

    Second Edition. A good finance book to read after starting with The Wealthy Barber. Very accessibly written, but still packed with numbers and good information. If you've started investing recently, o...

  • Robin Potts

    The early chapters discuss the exact errors I made with mutual funds back in the 80's when information gathering was difficult and controlled by the very shysters hawking the funds. I agree that index...

  • Dickson Tan

    TLDR: just buy it, the return on investment on this book will be enormous. Share what you've learnt with friends too.> If a financial adviser tries to tell you not to invest in index funds, they’re ...