- The Nine Rules of Wealth You Should Have Learned in School
- Narrated by: Peter Drew
- Length: 6 hrs and 24 mins
- Unabridged Audiobook
- Release date: 03-08-12
- Language: English
- Publisher: Audible Studios
Most people wouldn't expect a schoolteacher to amass a million-dollar investment account. But Andrew Hallam did so, long before the typical retirement age. And now, with Millionaire Teacher, he wants to show you how to follow in his footsteps. With lively humor and the simple clarity you'd expect from a gifted educator, Hallam demonstrates how average people can build wealth in the stock market by shunning the investment products peddled by most financial advisors and avoiding the get-rich-quicker products concocted by an ever widening, self-serving industry.
Using low-cost index funds, coupled with a philosophy in line with the one that made Warren Buffett a multi-billionaire, Hallam guides readers to understand how the stock and bond markets really work, arming you with a psychological advantage for when markets fall.
Shows why young investors should hope for stock market crashes if they want to get rich.
Explains how you can spend just 60 minutes a year on your investments, never open a financial paper, avoid investment news, and still leave most professional investors in the dust.
Promotes a unique new investment methodology that combines low cost index funds and a Warren Buffett-esque investment philosophy.
Millionaire Teacher explains how any middle-income individual can learn can learn the ABCs of personal finance and become a multi-millionaire, from a schoolteacher who has been there and done that.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
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Customer ReviewsMost Helpful
By Sushma C. on 30-05-17
What did you like best about Millionaire Teacher? What did you like least?
The ultimate moral of the story is to invest in index funds. It is a very American book and doesn't tell you how to invest or what to do thereafter, perhaps I need another book?
What was the most interesting aspect of this story? The least interesting?
I like the story telling but all his comparisons made me feel terrible that I hadn't started investing my £5 a week when I was 10 years old, made me feel a failure.
What three words best describe Peter Drew’s performance?
Funny tales but really you should leave out reading out tables, this is the most boring thing ever and doesn't add anything to the listening experience.
Did Millionaire Teacher inspire you to do anything?
yes to invest
Any additional comments?
The audio formats of books really need to be looked out for non fiction books, there is no point reading out tables and figures.
Customer ReviewsMost Helpful
By Kevin on 27-11-13
Excellent Investment Advice
This book contained solid, long-term investment advice. I have readjusted my retirement accounts to match the strategies described in this book.
My only complaint is that the author spent too much time convincing the reader about the benefits of index funds. A few chapters into the book I kept saying to myself, "ok, I get it, low cost index funds are better than actively managed mutual funds, now move on".
5 of 5 people found this review helpful
By William on 28-12-15
Great personal finance and investing starter.
Overall excellent book. It bogs down when he reads off all of the funds for the alternate countries. Other than that, good stuff.
Not a fan of this narrator particularly.
4 of 4 people found this review helpful