Millionaire Teacher Andrew Hallam
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Millionaire Teacher - Book Review Views 981 Year ago In "The Millionaire Teacher" Andrew Hallam shows how people with an average, middle-class salary can become millionaires by... Millionaire Teacher Book Review Views 2. 1K 7 years ago Millionaire Teacher by Andrew Hallam is a Canadian personal finance book... Millionaire Teacher Views 222 9 years ago Journey with Andrew to explore what most wealthy people already know: if you spend your money responsibly, you can... Millionaire Teacher INTRO 1 Views 12 3 months ago Millionaire Teacher: The 9 Rules of Wealth You Should have Learned in School by Andrew Hallam.
Millionaire teacher by andrew hallam
Praise for Millionaire Teacher "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 Millionaire Teacher, Second Edition. 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. " -- Scott Burns, US Syndicated Finance Columnist "In the second edition of Millionaire Teacher, 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. " -- Michael O'Higgins, author of Beating the Dow, Beating The Dow With Bonds, O'Higgins Asset Management, Inc. "Andrew Hallam's Millionaire Teacher, Second Edition. is full of wisdom and wit--a combination that makes the book an easy read.
-- Jason Heath, CFP, Fee-Only Financial Planner, Financial Post and MoneySense columnist Praise for Millionaire Teacher "Contrary to financial services industry mythology, saving and investing for your future doesn't have to be difficult. " -- Jason Heath, CFP, Fee-Only Financial Planner, Financial Post and MoneySense columnist
"By the time I was in my mid 30s, I'd read more than 400 books about personal finance and investing money, and there were a lot of common denominators there, " he says. "The one thing that struck me was that you do end up getting the odd person who ends up beating the market, or the odd mutual fund that ends up beating the market, but invariably, the market typically comes back to beat them. " By 36, Hallam had become a millionaire. And by 40, he was comfortably financially independent. Hallam met his wife Pele, who's also a teacher, in Singapore in 2003. The pair married in 2008 and quit their jobs in 2014. Hallam, now 46, and his wife currently spend their days traveling the world and enjoying their financial freedom. Over the past five months, they've been giving free talks at international schools and businesses, in places such as Dubai, Jordan, Egypt, Kenya and Thailand.
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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. " -- Ben Sherwood, director for and on behalf of Satis Asset Management Ltd, principal, Hillier Hopkins LLP "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 Millionaire Teacher is to my mind the best. Read it. You'll be entertained. You'll also be richer in every sense. " -- Ian McGugan, The Globe and Mail "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 Millionaire Teacher is a must-read for anyone looking to take control of their finances. "
Millionaire teacher andrew hallam blog
- Millionaire teacher by andrew hallam
- Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School by Hallam, Andrew - Amazon.ae
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The personal finance author shares his investment journey and explains how others can follow his lead June 9, 2020 Andrew Hallam, the author of Millionaire Teacher and Millionaire Expat, is famous for building up a million-dollar portfolio of low-cost stock and bond index funds on a teacher's salary. Since retiring from his profession in Singapore in 2014, the personal finance author now blogs about his experiences and delivers talks to investors across the globe. While he is currently grounded in his native Canada as the world observes movement restrictions amid Covid-19, the author is still keen to share his message to follow a diversified, low-cost investment strategy. What's unique about Mr Hallam's method is that he shows investors how to manage their own money or how to find a suitable financial adviser who won't charge ridiculous fees. With many investors keen to enter the markets following the crash and partial recovery during the pandemic, Mr Hallam's strategy is simple: first build a globally diversified portfolio of low-cost index exchange traded funds, second invest regularly without speculating and third increase the amount you invest over time as your salary increases.
In this respect, the book strikes a perfect balance when compared with other popular titles. David Bach's The Automatic Millionaire trivializes wealth building by making it sound like something you can do by simply cutting out your $5 morning latte. At the other end of the spectrum is Thomas Stanley and William Danko's The Millionaire Next Door, which profiles a lot of rich people that strike me us humourless, sanctimonious and selfish. Hallam doesn't gloss over the sacrifices you need to make, but he's no miser, either: his generosity, wit and contentment with life pervade the writing. Lessons learned Rule 4 tackles the behavioural mistakes we all make as investors: we're overconfident, we don't learn from history, and we make portfolio decisions based on emotion. (You can read an excerpt of this chapter in MoneySense. ) One of the reasons Hallam has been so successful is that he's followed Warren Buffett's famous advice about being greedy when others are fearful: he bravely rebalanced his portfolio by selling bonds and buying stocks after 9/11, and again 2008.