Three Mistakes That People Make With Money

Martha isn’t comfortable investing. She stuffs her savings into a bank account instead.

John gives his money to his broker. He’s too busy to think about investing and he really trusts the guy.

Lisa follows stock market news. She watches mutual fund lists and buys top-rated funds.

Plenty of people are like Martha, John and Lisa. But they’re making big mistakes that are easy to avoid.

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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2 Responses

  1. Theodoric says:

    I am moving to France in a couple of months. PC Financial (chequing account), Peoples Trust (HISA TFSA) and Scotia iTrade (self-directed non-registered brokerage) ask me to close my accounts with them when I move out of Canada. I’d like to keep my investments in CAD. I will become a resident of France next year. I am not planning to come back to Canada. I will start collecting Canadian pensions in a few years. I would like to deal with only one financial institution. Can you suggest banks/financial institutions that would cover my needs and be easy to operate from Europe?

  2. Faith says:

    Hi Andrew. I finished reading both your books a year ago and have been too scared to do anything. Finally followed the couch potato model yesterday and still feeling anxious. I’m an Australian expat in Singapore in my mid thirties and just grateful to come across your books online. Looking forward to everything working out! Thank you!

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