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

Andrew Hallam
4.8 out of 5 stars  See all reviews (49 customer reviews)
List Price: CDN$ 19.95
Price: CDN$ 14.40 & eligible for FREE Super Saver Shipping on orders over CDN$ 25. Details
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Book Description

Oct 5 2011
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.


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Review

"...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' 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

About the Author

Andrew lives in Singapore where he works as an English teacher at Singapore American School, and writes freelance finance articles. Nominated a finalist for two Canadian National Publishing Awards, his writing has appeared in MoneySense Magazine, Reader’s Digest, and L’Actualite. He has also being quoted in three investment related articles for The Globe and Mail, and in The Wall Street Journal—with a quirky plea to Warren Buffett. When not teaching, writing or financially consulting, Andrew enjoys running through the jungles of Singapore, where his ectomorphic physique frightens monitor lizards, monkeys, wild boars and snakes. --This text refers to the Audio CD edition.

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Customer Reviews

4.8 out of 5 stars
4.8 out of 5 stars
Most helpful customer reviews
11 of 11 people found the following review helpful
4.0 out of 5 stars Wealth Building 101 Oct 27 2011
Format:Paperback
This is the 1 book that every beginning investor and high school student should read. The author shows the average person the 9 rules he or she needs to follow to build wealth steadily and safely. He shows how he did it through self-discipline, index funds and asset allocation. Start young, pay off your debts and invest, invest, invest. The "Opportunity After Chaos" section (page 78) alone is worth the price of the book. I like this book because it was written by a high school English teacher who has "been there and done that", he's a millionaire about 40 years old. This book was not written by a finance / economics professor or a "talking head" in the finance industry or a financial advisor. I couldn't put this book down, and will probably read it again a few more times.
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5 of 5 people found the following review helpful
4.0 out of 5 stars It's AboutTime! Oct 11 2011
By RBisset
Format:Paperback
Yes indeed, it is about time someone wrote a finance book for adults so that they can have meaningful investment conversations with their children. For some reason, finance is a taboo subject in most families. And it's a real shame, as Andrew Hallam correctly points out, because the time to begin investing is when you're young. And taking advantage of man's 'greatest invention', compound interest, and investing in low-fee Index Funds, means anyone can become wealthy over their lifetime.

Andrew does an excellent job of making complicated concepts easy to understand. He does this by simplifying and demystifying the investment process in an entertaining and enjoyable way. Buying/Reading "Millionaire Teacher" is an excellent investment to make!
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2 of 2 people found the following review helpful
5.0 out of 5 stars Looking out for the average investor Jan 17 2012
By P.Barto
Format:Paperback
I have read your book cover to cover many times and every time I do I seem to learn something new! Just love it! I feel like a student again! You know you have a good book when the spine is creased and cracked and the the corners of the pages are bent from all the bookmarking. Thanks for all of your insight into Canadian Banks! it is amazing to see how our interests are not looked after and how making money for themselves is always on the agenda.
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Most recent customer reviews
4.0 out of 5 stars Very Insightful
I really enjoyed the book and think it offered a lot of sensible and logical advice. As one just now starting to invest, I can certainly apply many of the principles. Read more
Published 2 days ago by Marc Wilkinson
3.0 out of 5 stars Good for beginners!!!
This book is excellent for beginners or people who don't want to spend a lot of times on their investments. Read more
Published 23 days ago by benpaq14
5.0 out of 5 stars Best investment that I have ever made
As a novice investor, I had absolutely zero knowledge of investing before I read this book.
Unlike other investing book, the author explain the basic concept of investing in a... Read more
Published 1 month ago by Quoc-Viet Tran
5.0 out of 5 stars My financial saviour
This was the last of several "personal finance for idiots" books and magazines that I bought and read while trying to extricate myself from a foolish 5 year working... Read more
Published 1 month ago by Matt
4.0 out of 5 stars You need to Know this when you are young
This is one man's story of saving for his retirement . . . successfully. Looking back over my life I know I should have done this but I question if I had the sense as a young man. Read more
Published 3 months ago by david smith
5.0 out of 5 stars Great read
This books makes the finance world easy to understand, love it. With this i can go ahead and make the proper investissements that makes sense without everyone else's oppinion
Published 3 months ago by Rachell Racine
4.0 out of 5 stars The book we should all have read when we were 16 years old
The price of this book is very worth it. I've goten good value from it and it will pay itself numerous time over by following its basic principles. Read more
Published 4 months ago by Remi Parent
5.0 out of 5 stars Millionaire Teacher is worth every penny !!
I found out about this book on dividend ninja blog - glad i did. I don't find too many books that have a Canadian point of view as the main body and then looking outward as well. Read more
Published 4 months ago by Aaron Clyke
4.0 out of 5 stars Easy Read for the Beginner
This was a good read...for anyone that knows nothing...its not facts, figures, and theories but an easy way to learn the very basics of a more or less safe way to invest. Read more
Published 5 months ago by Elizabeth Chapman
5.0 out of 5 stars required reading
should be read by every 20 year old to help prepare them for the world of saving for their future
Published 5 months ago by JakeRue
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