Defining wealth is pretty tricky. A guy with a hundred goats in Morocco, who leases his land, could be considered wealthy. But if you bought 100 goats in Canada and leased land for them to graze on, you’d be a pauper, if you didn’t have (another) day job. Thomas Stanley, author of The Millionaire Next …
Category Archive: Wealth
Permanent link to this article: http://andrewhallam.com/2011/01/do-you-have-as-much-wealth-as-you-should-have/
Dec
16
Can a Jaguar-driving, high salaried, mansion-dwelling family really be broke?
I’m going to share a crazy, personal story with you. Before I read about Thomas Stanley’s studies of the wealthy, I always assumed that this personal experience of mine was a “one-off”– as likely to happen again as a band of mice singing Christmas carols for a family of cats. But Stanley’s studies reveal that …
Permanent link to this article: http://andrewhallam.com/2009/12/can-a-jaguar-driving-high-salaried-mansion-dwelling-family-really-be-broke/
Dec
08
The Joneses Just Pretend to Be Rich!
Relax! Most of your rich-looking neighbours or the people who we think are wealthy are just pretending to be rich , according to Thomas Stanley. They drive fancy cars, live in flashy houses and earn salaries that support their consumption habits. But the majority of high-salaried high-rollers aren’t rich at all. If you’ve been looking at some of …
Permanent link to this article: http://andrewhallam.com/2009/12/the-joneses-just-pretend-to-be-rich/
Welcome to My Blog!
I'm Andrew Hallam. Many people aren't comfortable talking about money. It's not usually a conversational dinner-time topic, and its principles are rarely taught in schools. My goal is to have a "conversation" about it here, on this blog. If you read something you find intriguing, please comment or ask your questions!
I am also the author of the book, Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School
Translator
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Recent Comments
February 4, 2012 (1:25) Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School Andrew, Check amazon for my review. Glad to help spread the word! Thanks for the response a...
February 3, 2012 (6:57) Singapore American School Teachers Making Some Nice Profits Hey Andrew, This is a bit late to be writing...but it is about your article entitled 'America'...
February 2, 2012 (9:20) Singapore American School Teachers Making Some Nice Profits Hey Giovanni, You asked a great question. And I think it's great that you are saving for a ho...
February 1, 2012 (8:44) Singapore American School Teachers Making Some Nice Profits Hey Stanley, Thanks for the kind words about the book. Using a Vanguard Target Retirement fun...
February 1, 2012 (11:24) Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School Hi Brian, I'm glad you liked the book. If you have a couple of minutes, and you wouldn't mind...
February 1, 2012 (11:16) Retiring in Comfort—Without Ever Experiencing a Canadian Winter Again Hi Terry, I think the answers to both of your questions are: yes and yes. Let me know what...
February 1, 2012 (11:12) Biggest Losers Of Finance Are Living Up To Their Billing Thanks Barry! I should do an update soon. I think the loser stocks are doing poorly, based on...
January 31, 2012 (4:02) How Canada's Banks Let Canadian Investors Down: Part 1 of 7 Thanks for offering the review BikeDeb. They really help! My wife and I also have two tandems...
January 31, 2012 (11:25) Singapore American School Teachers Making Some Nice Profits Hey Andrew , I am a big fan of yours after reading your book. I always lookout for this websi...
January 31, 2012 (3:14) How Canada's Banks Let Canadian Investors Down: Part 1 of 7 I will be doing exactly as you said. I am so thrilled that you actually answered me, as a newbie...