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.
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.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
©2011 John Wiley & Sons (Asia) Pte. Ltd (P)2012 Audible, Inc.
This book contained solid, long-term investment advice. I have readjusted my retirement accounts to match the strategies described in this book.
My only complaint is that the author spent too much time convincing the reader about the benefits of index funds. A few chapters into the book I kept saying to myself, "ok, I get it, low cost index funds are better than actively managed mutual funds, now move on".
Overall excellent book. It bogs down when he reads off all of the funds for the alternate countries. Other than that, good stuff.
Not a fan of this narrator particularly.
I believe this to be the best information sum up in one book. I highly recommend this if you are looking to have other streams of income. This information should be available to high school kids before they even get into debt. I hope this review will guide you into making the right choice for this purchase b
Honest, sensible financial advice. I'm no expert but Hallam makes very strong arguments. I highly recommended this book. I'll be telling friends and family to read it.
The beginning 1 or 2 chapters were very interesting, the main takeaway being to only make purchases that you have the cash for - namely cars. After this, seemingly every chapter told you to buy index funds, don't sell them low, and don't trust investors who work on commission. After a while I got really tired of no new information being spewed out and ompletely lost interest.
Such great information that will help so many people, Canadians and Americans and some other countries too.
The only thing I disliked was the narrator. His voice was very monotone.
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