The Simple Things I Did To Build Wealth and Happiness

I wrote an international bestselling book in 2011.

I wanted to call it, The Nine Rules of Wealth You Should Have Learned In School. But the publisher thought that sounded lamer than a Daddy Long Legs spider after a bout with a three year old.

Instead, they wanted the cringe-worthy title, Millionaire Teacher.

Yes, I had built a million dollar portfolio on a schoolteacher’s salary. But my parents tried to raise a humble son, so I (and they!) hated the title of that book.

That title, however, attracted plenty of attention. I was the first British-born author to have the number 1 bestselling finance book on Amazon Canada and Amazon USA. It became a cult classic in Taiwan.

It was translated into several languages, including Thai, Chinese and Korean. At one point, it was the 12th most popular book on Amazon USA, chasing Fifty Shades of Grey.

I followed up with a book for expats: Millionaire Expat, How To Build Wealth Living Overseas.

But how did I build that seven-figure sum? No, I didn’t buy baby Bitcoins. Nor did I gamble on a hot tech stock. I didn’t borrow to invest, nor did I inherit any money.

 

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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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1 Response

  1. Jen says:

    It,s a hard one because it’s true money cannot buy happiness but it sure contributes to contentment…knowing one has a roof over one,s head and enough to eat, pay bills and have a few treats. I must admit we have more fun when we don’t have lots of ‘spare cash’….as we become more inventive and creative and that,s what we remember…but if we did not have our investments behind us I don’t think we,d enjoy being ‘creative’ as much.
    I also think as we help others to invest…most esp expats…we should be careful about the concept of time….because I have heard so many expats in their 40,s, 50, 60,s say…I am not going to invest because everyone says u need time in the market! But even if one had not invested and was 65…and one took one,s bank savings and bought stock and bond etfs…they can still do a 4% draw down and their money is invested until they die. I try hard at my work to do this…..as people of this age seem so discouraged. I just follow my Dad,s advice …better a crust of bread than no bread at all.

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