{"product_id":"millionaire-teacher-isbn-9781119356295","title":"Millionaire Teacher","description":"\u003cb\u003eAdopt the investment strategy that turned a school teacher into a millionaire\u003c\/b\u003e \u003cp\u003e\u003ci\u003eMillionaire Teacher\u003c\/i\u003e shows you how to achieve financial independence through smart investing — \u003ci\u003ewithout\u003c\/i\u003e being a financial wizard. Author Andrew Hallam was a high school English teacher. He became a debt-free millionaire by following a few simple rules. In this book, he teaches you the financial fundamentals you need to follow in his tracks. You can spend just an hour per year on your investments, never think about the stock market's direction — and still beat most professional investors. It's not about get-rich-quick schemes or trendy investment products peddled by an ever-widening, self-serving industry; it's about \u003ci\u003eyour\u003c\/i\u003e money and \u003ci\u003eyour\u003c\/i\u003e future. This new second edition features updated discussion on passive investing, studies on dollar cost averaging versus lump sum investing, and a detailed segment on RoboAdvisors for Americans, Canadians, Australians, Singaporeans and British investors. \u003c\/p\u003e\u003cp\u003eFinancial literacy is rarely taught in schools. Were you shortchanged by your education system? This book is your solution, teaching you the ABCs of finance to help you build wealth. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eGain the financial literacy to make smart investment decisions\u003c\/li\u003e \u003cli\u003eLearn why you should invest in index funds\u003c\/li\u003e \u003cli\u003eFind out how to find the right kind of financial advisor\u003c\/li\u003e \u003cli\u003eAvoid scams and flash-in-the-pan trends\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eMillionaire Teacher\u003c\/i\u003e shows how to build a strong financial future today. \u003c\/p\u003e\u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 1 Spend Like You Want to Grow Rich 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Hippocratic Rule of Wealth 6\u003c\/p\u003e \u003cp\u003eCan You See the Road When You’re Driving? 10\u003c\/p\u003e \u003cp\u003eOne of the Savviest Guys I Ever Met—And His View on Buying Cars 13\u003c\/p\u003e \u003cp\u003eCareful Home Purchases 19\u003c\/p\u003e \u003cp\u003eMillionaire Handouts 20\u003c\/p\u003e \u003cp\u003eHow Did I Become a Millionaire? 21\u003c\/p\u003e \u003cp\u003eLooking to the Future 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 2 Use the Greatest Investment Ally You Have 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompound Interest—The World’s Most Powerful Financial Concept 29\u003c\/p\u003e \u003cp\u003eThe Bohemian Millionaire—The Best of Historical-Based Fiction 31\u003c\/p\u003e \u003cp\u003eGifting Money to Yourself 34\u003c\/p\u003e \u003cp\u003eWhen You Definitely Shouldn’t Invest 36\u003c\/p\u003e \u003cp\u003eHow and Why Stocks Rise in Value 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 3 Small Fees Pack Big Punches 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWith Training, the Average Fifth Grader Can Take on Wall Street 44\u003c\/p\u003e \u003cp\u003eFinancial Experts Backing the Irrefutable 45\u003c\/p\u003e \u003cp\u003eWhat Causes Experts to Shake Their Heads 49\u003c\/p\u003e \u003cp\u003eWhen the Best Funds Turn Malignant 51\u003c\/p\u003e \u003cp\u003eReality Check 58\u003c\/p\u003e \u003cp\u003eWhen Best Mutual Fund Lists Can Strip You Naked 61\u003c\/p\u003e \u003cp\u003eWhat’s Under the Hood of an Index Fund? 69\u003c\/p\u003e \u003cp\u003eCaptain America Calls for Government Action 70\u003c\/p\u003e \u003cp\u003eWho’s Arguing against Indexes? 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 4 Conquer the Enemy in the Mirror 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhen a 10 Percent Gain Isn’t a 10 Percent Gain 81\u003c\/p\u003e \u003cp\u003eAre Index Fund Investors Smarter? 86\u003c\/p\u003e \u003cp\u003eIt’s Not Timing the Market That Matters; It’s Time in the Market 88\u003c\/p\u003e \u003cp\u003eOn Stocks . . . What You Really Should Have Learned in School 90\u003c\/p\u003e \u003cp\u003eInternet Madness and the Damage It Caused 96\u003c\/p\u003e \u003cp\u003eTaking Advantage of Fear and Greed 99\u003c\/p\u003e \u003cp\u003eYoung People Should Salivate When Stocks Sputter 101\u003c\/p\u003e \u003cp\u003eOpportunities after Chaos 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 5 Build Mountains of Money with a Responsible Portfolio 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are Bonds? 112\u003c\/p\u003e \u003cp\u003eProfiting from Panic—Stock Market Crash, 2008–2009 116\u003c\/p\u003e \u003cp\u003eHaving a Foreign Affair 118\u003c\/p\u003e \u003cp\u003eIntroducing the Couch Potato Portfolio 120\u003c\/p\u003e \u003cp\u003eCombinations of Stocks and Bonds Can Have Powerful Returns 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 6 Sample a “Round-the-World” Ticket to Indexing 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s the Difference between an Index Fund and an ETF? 129\u003c\/p\u003e \u003cp\u003eIndexing in the United States—An American Father of Triplets 135\u003c\/p\u003e \u003cp\u003eIndexing in Canada 142\u003c\/p\u003e \u003cp\u003eA Canadian Couch Potato Strips Down Costs 145\u003c\/p\u003e \u003cp\u003eIndexing in Great Britain 148\u003c\/p\u003e \u003cp\u003eIndexing in Australia—Winning with an American Weapon 151\u003c\/p\u003e \u003cp\u003eIndexing in Singapore 153\u003c\/p\u003e \u003cp\u003eThe Next Step 157\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 7 No, You Don’t Have to Invest on Your Own 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAre You Wired Like a Buddha? 162\u003c\/p\u003e \u003cp\u003eHow Does the Average Index Investor\u003c\/p\u003e \u003cp\u003eUnderperform the Index? 163\u003c\/p\u003e \u003cp\u003eIntelligent Investing for Americans 165\u003c\/p\u003e \u003cp\u003eIntelligent Investing Firms for Canadians 172\u003c\/p\u003e \u003cp\u003eIntelligent Investing Firms for British Investors 179\u003c\/p\u003e \u003cp\u003eIntelligent Investing Firms for Australians 183\u003c\/p\u003e \u003cp\u003eIntelligent Investment Firms in Singapore 185\u003c\/p\u003e \u003cp\u003eDon’t Ask about Another Lover 186\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 8 Peek inside a Pilferer’s Playbook 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Will Most Financial Advisers Fight You? 189\u003c\/p\u003e \u003cp\u003eThe Totem Pole View 197\u003c\/p\u003e \u003cp\u003eIs Government Action Required? 200\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRule 9 Avoid Seduction 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConfession Time 205\u003c\/p\u003e \u003cp\u003eInvestment Newsletters and Their Track Records 210\u003c\/p\u003e \u003cp\u003eHigh-Yielding Bonds Called “Junk” 213\u003c\/p\u003e \u003cp\u003eFast-Growing Markets Can Make Bad Investments 214\u003c\/p\u003e \u003cp\u003eGold Isn’t an Investment 216\u003c\/p\u003e \u003cp\u003eWhat You Need to Know about Investment Magazines 216\u003c\/p\u003e \u003cp\u003eHedge Funds—The Rich Stealing from the Rich 219\u003c\/p\u003e \u003cp\u003eDon’t Buy a Currency-Hedged Stock Market ETF 223\u003c\/p\u003e \u003cp\u003eBeware of the Smart Beta Promise 225\u003c\/p\u003e \u003cp\u003eDon’t Jump Heavily into Small-Cap Stocks 226\u003c\/p\u003e \u003cp\u003eConclusion 231\u003c\/p\u003e \u003cp\u003eAbout the Author 233\u003c\/p\u003e \u003cp\u003eIndex 235\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eAndrew Hallam\u003c\/b\u003e built a debt-free, million dollar portfolio on a middle class salary before he was forty years old. He has shared his simple, evidence-based investment strategies on CNBC, in \u003ci\u003eMoneySense\u003c\/i\u003e magazine and with his columns in \u003ci\u003eThe\u003c\/i\u003e \u003ci\u003eGlobe and Mail\u003c\/i\u003e and \u003ci\u003eCanadian Business\u003c\/i\u003e magazine. He also writes a column for AssetBuilder, an online US-based investment firm. He and his wife are digital nomads. They travel the globe to explore new places. They often couple their adventures with talks around the world, inspiring others to effectively manage their money. Join the conversation and gain continued financial insight on his blog at www.andrewhallam.com.     \u003c\/p\u003e\u003cp\u003eBecome a Millionaire on a Middle-Class Salary  \u003c\/p\u003e\u003cp\u003eHere's the secret that most financial advisors and Wall Street firms don't want you to know. Peer-reviewed, financial academic studies say you can beat most investment professionals with a simple strategy. It takes just an hour a year. You don't need to search for a bunch of hot stocks or winning mutual funds. You don't need to pay attention to investment news, economic trends, or the market ups and downs. Nobel Prize winners in economics have been saying this for years. Warren Buffett echoes it. Andrew Hallam brings it all to life with \u003ci\u003eMillionaire Teacher, Second Edition\u003c\/i\u003e.  \u003c\/p\u003e\u003cp\u003eWith clarity and humor, Andrew shows how any patient, middle-class income earner can build a million dollar investment portfolio. He provides a guide for Americans, Canadians, Australians, Singaporeans, and British investors. You can spend responsibly, invest effectively, and build a solid financial future. Let \u003ci\u003eMillionaire Teacher, Second Edition\u003c\/i\u003e show you how.    \u003c\/p\u003e\u003cp\u003ePraise for\u003cbr\u003e \u003cb\u003eMillionaire Teacher\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Contrary to financial services industry mythology, saving and investing for your future doesn't have to be difficult. You'll learn just how easy it can be in Andrew Hallam's \u003ci\u003eMillionaire Teacher, Second Edition.\u003c\/i\u003e With nine simple rules, he gives you easy, step-by-step instructions. Follow them and you'll be on your way to a successful (and possibly early) retirement.\"\u003cbr\u003e \u003cb\u003e — Scott Burns,\u003c\/b\u003e US Syndicated Finance Columnist  \u003c\/p\u003e\u003cp\u003e\"In the second edition of \u003ci\u003eMillionaire Teacher\u003c\/i\u003e, Andrew Hallam shows how the son of a mechanic who became a high school teacher could become a financially independent millionaire by following a few simple, albeit difficult to follow, common sense rules. If more young people followed his advice, it would be a richer, more stable world.\"\u003cbr\u003e \u003cb\u003e — Michael O'Higgins,\u003c\/b\u003e author of \u003ci\u003eBeating the Dow, Beating The Dow With Bonds,\u003c\/i\u003e O'Higgins Asset Management, Inc.  \u003c\/p\u003e\u003cp\u003e\"Andrew Hallam's \u003ci\u003eMillionaire Teacher, Second Edition.\u003c\/i\u003e is full of wisdom and wit—a combination that makes the book an easy read. This is not another writer's set of opinions, this is an evidence-based project and draws on the wisdom of many Nobel Laureate winners. Their work is translated and distilled into easily understandable chapters. The basic principles espoused in the book should be required educative reading for every investor.\"\u003cbr\u003e \u003cb\u003e — Ben Sherwood,\u003c\/b\u003e director for and on behalf of Satis Asset Management Ltd, principal, Hillier Hopkins LLP  \u003c\/p\u003e\u003cp\u003e\"There are lots of books on personal finance but blessed few that discuss the topic with wit and even fewer that do so with soul. Andrew Hallam's second edition of \u003ci\u003eMillionaire Teacher\u003c\/i\u003e is to my mind the best. Read it. You'll be entertained. You'll also be richer in every sense.\"\u003cbr\u003e \u003cb\u003e — Ian McGugan,\u003c\/b\u003e \u003ci\u003eThe Globe and Mail\u003c\/i\u003e  \u003c\/p\u003e\u003cp\u003e\"Andrew is a rare breed. He makes complex financial topics easy to understand for the masses, but his in-depth knowledge also ensures that even the most well-versed can learn a thing or two. Whether you're a millennial, approaching retirement, or already retired, his second edition of \u003ci\u003eMillionaire Teacher\u003c\/i\u003e is a must-read for anyone looking to take control of their finances.\"\u003cbr\u003e \u003cb\u003e — Jason Heath,\u003c\/b\u003e CFP, Fee-Only Financial Planner, \u003ci\u003eFinancial Post\u003c\/i\u003e and \u003ci\u003eMoneySense\u003c\/i\u003e columnist\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989627977957,"sku":"NP9781119356295","price":25.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119356295.jpg?v=1761784870","url":"https:\/\/k12savings.com\/products\/millionaire-teacher-isbn-9781119356295","provider":"K12savings","version":"1.0","type":"link"}