Millionaire Teacher – Now Available in Singapore’s Bookstores!
Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School is now available in Singapore!
Attend my book launch at Kinokuniya’s main store in Singapore, on Saturday, September 3rd, at 3:30-4:30 pm. I’ll do my best to deliver an entertaining talk, so if you’re downtown on Saturday afternoon, please stop by.
And be sure to scoop a copy of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School.
For Kinokuniya’s published synopsis of Millionaire Teacher, check it out:
If you want to grow rich, most people think that you need a high salary and a high tolerance for risk. That isn’t true. Andrew Hallam became a millionaire on a teacher’s salary, while still in his 30s. And he wants to show you how he did it.
Have you ever thought of this?
You live one life, and your employer is essentially buying it from you! Think of how much time the average person spends at work. If they’re not loving their jobs, then they’re selling their souls for a pay-check. You don’t need to sell your soul if you want to grow wealthy. Find a job that you love (preferably one that gives you great holidays!) and learn to master money, so you can eventually grow rich. It’s not always how much money you make that counts—it’s what you do with the money you make!
Nobody wants to be stressed by a demanding job. But when people fall into mundane, life-destroying vocations, they typically seek forms of “retail therapy” to quench their dampening spirits. But unfortunately, such hyper-consumption jeopardizes their wealth-building potential, while adding to their stress levels—especially if they get on a treadmill of credit-card debt.
If you become the master of your own life, you’ll control your spending, find a job you love, invest the money effectively, and grow far wealthier than your neighbours… without having stress as a complimentary accessory.
For starters, you’ll need to effectively invest your money. But there are plenty of venomous snakes in the financial service industry to beware of. Their primary job is to make money for themselves, and their firms, while you (the typical investor) are a distant second or third on their list of priorities.
The financial planning industry’s dirty little secret prevents you from buying the best investment products. There are products called “Index Funds” which are supported by mountains of academic evidence, as the products that will give you the greatest statistical chance of stock market success.
These products are touted by the world’s greatest investor, Warren Buffett. And they’re supported by a large contingent of Nobel Prize winning economists. But does the average financial advisor or bank representative want you buying these products? No way! They will do whatever they can to keep you away from index funds—while ensuring that they keep their personal gravy trains flowing.
Ivy League finance and economics professors from Harvard, Yale, Princeton and Wharton all agree. No academic study refutes it. But those who sell financial products want to treat you like mushrooms: stuck in the dark, and covered with….smelly fertilizer (for lack of a better expression). Stepping away from this self-serving industry is important for investors seeking wealth on middle class salaries.
Millionaire Teacher will, in an entertaining fashion, clearly explain what index funds are, while presenting the evidence that supports them. Andrew Hallam used them to become a millionaire on a teacher’s salary, and you can do the same. He also pokes fun at the financial service industry’s strategies that are intended to keep you in the dark.
You can beat 90 percent of professional investors over your lifetime by creating portfolios of index funds, and you won’t have to spend more than 60 minutes a year on your investment decisions. You won’t have to watch the stock market; you won’t have to read financial magazines; and you won’t have to watch financial-based television. You can live your life, the way you want to live it, and over the long term, you’ll beat the investment returns of almost everyone you know, without putting any effort into it.
Hallam also demonstrates how people should think about stock market uncertainty and volatility. If you really want to make money in the stock market, you have to embrace stock market swings. Especially if you’re young (or more than five years from your retirement age) a dropping stock market is actually your friend. As Warren Buffett suggests, it’s important to be greedy when others are fearful, and fearful when others are greedy. Doing so can ensure that you make large investment profits.
Andrew Hallam used investors’ fear to grow wealthy, thanks to Buffett’s philosophy—and you can too.
If you’re curious about how much money has been made in the stock market, this might give you an idea. If you invested just $10,000, thirty years ago, in the average world stock, you would have roughly $174,000 today. That includes the drumming that the stock markets took in 2008/2009. And that’s the AVERAGE world stock! That isn’t looking back in time and showing you the returns of a specific, stock market rocket like Microsoft or Apple. Turning $10,000 into $174,000 over 30 years is what the AVERAGE world stock would have done for you. That’s an overall return of more than 1,600 percent, for the AVERAGE world stock.
But most people who started investing 30 years ago didn’t make anything close to that. Not even close. Instead, their investment returns play more like a sad country song, at best, and like a tale of a disastrous massacre, at worst. Why? Generally, it’s because most people try to follow get-rich-quick strategies, following hyper-active brokers’ advice, while hidden fees and silly decisions erode most of their money.
Such hidden fees ensure that more than 90 percent of investors (including investment professionals) underperform the returns of the average world stock over a lengthy period of time. Hallam will show you how to beat the pants off most investment professionals (as he has) without taking large risks.
The world needs to ensure that financial educations become mandatory in schools. Doing so will ensure that most people learn to avoid the damaging financial service industry, which largely preys on people’s innocence. Until that day happens, Andrew Hallam hopes that Millionaire Teacher, The Nine Rules of Wealth You Should Have Learned in School will fill the void.
After all, you have only one life to live. Don’t let your lack of financial knowledge deprive you.
Pick up a copy of Millionaire Teacher today, for you and your loved ones. You and your family deserve it.