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Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School Paperback – Jan. 24 2023
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Millionaire Teacher shows you how to achieve financial independence through smart investing ― without being a financial wizard. Author Andrew Hallam was a high school English teacher. He became a debt-free millionaire by following a few simple rules. In this book, he teaches you the financial fundamentals you need to follow in his tracks. You can spend just an hour per year on your investments, never think about the stock market's direction ― and still beat most professional investors. It's not about get-rich-quick schemes or trendy investment products peddled by an ever-widening, self-serving industry; it's about your money and your future. This new second edition features updated discussion on passive investing, studies on dollar cost averaging versus lump sum investing, and a detailed segment on RoboAdvisors for Americans, Canadians, Australians, Singaporeans and British investors.
Financial literacy is rarely taught in schools. Were you shortchanged by your education system? This book is your solution, teaching you the ABCs of finance to help you build wealth.
- Gain the financial literacy to make smart investment decisions
- Learn why you should invest in index funds
- Find out how to find the right kind of financial advisor
- Avoid scams and flash-in-the-pan trends
Millionaire Teacher shows how to build a strong financial future today.
- ISBN-101119356296
- ISBN-13978-1119356295
- Edition2
- PublisherWiley
- Publication dateJan. 24 2023
- LanguageEnglish
- Dimensions15.24 x 2.54 x 22.61 cm
- Print length256 pages
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Product description
From the Inside Flap
Become a Millionaire on a Middle-Class Salary
Here's the secret that most financial advisors and Wall Street firms don't want you to know. Peer-reviewed, financial academic studies say you can beat most investment professionals with a simple strategy. It takes just an hour a year. You don't need to search for a bunch of hot stocks or winning mutual funds. You don't need to pay attention to investment news, economic trends, or the market ups and downs. Nobel Prize winners in economics have been saying this for years. Warren Buffett echoes it. Andrew Hallam brings it all to life with Millionaire Teacher, Second Edition.
With clarity and humor, Andrew shows how any patient, middle-class income earner can build a million dollar investment portfolio. He provides a guide for Americans, Canadians, Australians, Singaporeans, and British investors. You can spend responsibly, invest effectively, and build a solid financial future. Let Millionaire Teacher, Second Edition show you how.
From the Back Cover
Praise for
Millionaire Teacher
"Contrary to financial services industry mythology, saving and investing for your future doesn't have to be difficult. You'll learn just how easy it can be in Andrew Hallam's Millionaire Teacher, Second Edition. With nine simple rules, he gives you easy, step-by-step instructions. Follow them and you'll be on your way to a successful (and possibly early) retirement."
— Scott Burns, US Syndicated Finance Columnist
"In the second edition of Millionaire Teacher, Andrew Hallam shows how the son of a mechanic who became a high school teacher could become a financially independent millionaire by following a few simple, albeit difficult to follow, common sense rules. If more young people followed his advice, it would be a richer, more stable world."
— Michael O'Higgins, author of Beating the Dow, Beating The Dow With Bonds, O'Higgins Asset Management, Inc.
"Andrew Hallam's Millionaire Teacher, Second Edition. is full of wisdom and wit—a combination that makes the book an easy read. This is not another writer's set of opinions, this is an evidence-based project and draws on the wisdom of many Nobel Laureate winners. Their work is translated and distilled into easily understandable chapters. The basic principles espoused in the book should be required educative reading for every investor."
— Ben Sherwood, director for and on behalf of Satis Asset Management Ltd, principal, Hillier Hopkins LLP
"There are lots of books on personal finance but blessed few that discuss the topic with wit and even fewer that do so with soul. Andrew Hallam's second edition of Millionaire Teacher is to my mind the best. Read it. You'll be entertained. You'll also be richer in every sense."
— Ian McGugan, The Globe and Mail
"Andrew is a rare breed. He makes complex financial topics easy to understand for the masses, but his in-depth knowledge also ensures that even the most well-versed can learn a thing or two. Whether you're a millennial, approaching retirement, or already retired, his second edition of Millionaire Teacher is a must-read for anyone looking to take control of their finances."
— Jason Heath, CFP, Fee-Only Financial Planner, Financial Post and MoneySense columnist
About the Author
Andrew Hallam built a debt-free, million dollar portfolio on a middle class salary before he was forty years old. He has shared his simple, evidence-based investment strategies on CNBC, in MoneySense magazine and with his columns in The Globe and Mail and Canadian Business magazine. He also writes a column for AssetBuilder, an online US-based investment firm. He and his wife are digital nomads. They travel the globe to explore new places. They often couple their adventures with talks around the world, inspiring others to effectively manage their money. Join the conversation and gain continued financial insight on his blog at www.andrewhallam.com.
Product details
- Publisher : Wiley; 2 edition (Jan. 24 2023)
- Language : English
- Paperback : 256 pages
- ISBN-10 : 1119356296
- ISBN-13 : 978-1119356295
- Item weight : 384 g
- Dimensions : 15.24 x 2.54 x 22.61 cm
- Best Sellers Rank: #1,163 in Books (See Top 100 in Books)
- Customer Reviews:
About the author

When I was 19 years old, and studying to become a school teacher, I met a mechanic who happened to be a millionaire. I was so inspired by his self-made story that I wanted to see if I could eventually do the same thing---on a school teacher's salary.
To do so, I learned the strategies that would give me the highest statistical odds of success in the stock and bond markets, while keeping my risks to a minimum. Using index funds, and following Warren Buffett's mantra of embracing stock market drops, I built a million dollar investment portfolio by the time I was 38 years old.
My methods are supported by reams of academic research. They're simple, and they take no more than 90 minutes a year. But for some strange reason, we don't learn these strategies in school. As a result, most investors are unknowingly taken advantage of by self-serving financial advisors. This book teaches the nine rules of wealth that you should have learned in school. If you patiently follow these principles, you'll dramatically increase your odds of growing wealthy. Let me show you how to do it.
Praise for Millionaire Teacher
"The newbie investor will not find a better guide than Millionaire Teacher" -- Burton Malkiel, Author: A Random Walk Down Wall Street; Princeton economics professor
"This is a great book...It's what you need to know, told with humor, in a way you can understand."--Scott Burns, Chief Investment Strategist, Assetbuilder Inc.
"Put away your checkbook. Instead, give this book to every young person and you will be gifting them a lifetime of financial independence and success"--Robert P. Miles, Author: Warren Buffett Wealth
"If you buy just one book this year, this is it."--Paul B. Farrell, JD.PhD, Author: The Millionaire Code, The Winning Portfolio, The Lazy Person's Guide to Investing
"Millionaire Teacher is an enormously thoughtful gem of an investment book that every serious investor should read, study, and learn from."--Bill Schultheis CFP, Author: The New CoffeeHouse Investor
Customer reviews

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Top reviews
Top reviews from Canada
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I'm thankful I finally read this book before I turned 25 as it gives me a lot of time to benefit from compound interest, but it still feels like I missed out on a lot of time. In hindsight I wish I had read this book the moment I got my first job out of university.
Top reviews from other countries

However. The clear, slightly repetitive, sound advice that is extolled within these pages is something everyone would benefit from hearing, particularly in your early 20's. Thus, as a starting point, this book is an excellent guide to some important behaviours that too few people incorporate into their lives.

Andrew Hallam, you have changed my life through sharing your knowledge - I wish you the best in life, thank you!


I struggled to maintain my interest in the second half so just skipped sections to read the need to know segments.