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Millionaire Teacher

The Nine Rules of Wealth You Should Have Learned in School
Written by: Andrew Hallam
Narrated by: Peter Drew
Length: 6 hrs and 24 mins
4.5 out of 5 stars (124 ratings)

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Publisher's Summary

The incredible story of how a schoolteacher built a million-dollar portfolio, and how you can too....

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.

©2011 John Wiley & Sons (Asia) Pte. Ltd (P)2012 Audible, Inc.

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What members say

Average Customer Ratings

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    5 out of 5 stars

Do not get audio version

This is a great book. Amazing content.

The audiobook version however is a nightmare. If you want to hear doubleUdoubleUdouble.company forward slash item.html forward slash questionmark forward slash index every 5 seconds, this is the book for you.

There are a lot of tables too, enumeration of tables with numbers, years, dollars and percentages get old real fast.

The narrator is good but he should say “see table in the pdf if you are interested” and he should skip the web links.

in this format, it’s unbearable.

9 of 9 people found this review helpful

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amazing material, but get the physical book

there will be several minutes where the narrator is describing charts and links to websites in all of the later chapters. it is brutal to listen to. otherwise this was amazing

1 of 1 people found this review helpful

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    4 out of 5 stars
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Very good financial lessons, presented a bit dry

The principals are good and should be a must read for anyone looking to invest, but the narration was a bit dry and the reading of what we're clearly tables and figures was a bit irritating.

1 of 1 people found this review helpful

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Very Useful Information

This book is great! The information is laid out very nicely and easy to follow with a lot of references in it. I like that it compares US and Canadian markets and shows the history as well. So glad I got it on #Audible1 to listen to on my way to and from work.

1 of 1 people found this review helpful

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best book on investing!

I'm sad to say this book came to me after I lost almost my life savings at 35 in the stock market with one scam stock after the next. however, it's time to rebuild and this book has given me the tools to safely do just that!

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Newbie to Pro in a week

I knew very little about investing before reading this book, but now that I’m done I feel like I know enough to make myself a decent retirement. I finished the book in less than a week just listening during my commute. Would 100% recommend this to anyone.

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Great info, tedious execution.

As many have said before. I'm pretty sure that Peter Drew is the name of a computer generated voice. It's brutal. Verbal descriptions of comic strips, reading every website and ticker name, reading descriptions of charts was mind numbing. All of that aside, I am still giving it an overall 4 stars because the information in this book is stellar. Might be better to read it as an analogue book, but the content is worthwhile, only the particular reading is brutal.

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Great book - but opt for paperback

Great book - highly recommend. However I would not opt for the audio version as the doubleUdoubleUdoubleU spoken from the narrator what feels like every 30 seconds to reference sources is highly annoying. Definitely get the book in paperback if you can!

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  • CDL
  • 2019-03-01

The content is highly recommended

Like the title says the content is highly recommended. But the reader is reading like a robot. His voice is stoic and monoton. I would recommend everyone to read this book instead of listening to it. Reading an entire website link out, and even several in a row may throw the listener out of the context. It was really difficult to follow each time he would read all the links letter by letter...

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very good all around personal finance book

This book is great for anyone who wishes to build wealth. Its ideas are very practical and simple to follow. If you are tired of being broke read this book before it's to late

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  • Kevin
  • 2013-11-27

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".

7 of 7 people found this review helpful

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  • Kindle Customer
  • 2015-12-28

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.

5 of 5 people found this review helpful

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  • Devo Spice
  • 2015-08-07

I wish I had read this 20 years ago.

Very solid advice. No nonsense. No fluff. Everything makes perfect sense. I only wish I had read it earlier.

3 of 3 people found this review helpful

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  • damian roman
  • 2015-07-01

Amazing knowledge to share.

I believe this to be the best information sum up in one book. I highly recommend this if you are looking to have other streams of income. This information should be available to high school kids before they even get into debt. I hope this review will guide you into making the right choice for this purchase b

3 of 3 people found this review helpful

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  • Trixi
  • 2018-04-27

Great book. terrible reader.

i loved this book; but id rather be listening to a person rather than male siri.

2 of 2 people found this review helpful

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  • Anonymous User
  • 2018-11-02

Outdated, NOT FOR THE SECOND EDITION

I enjoyed the simplicity of Andrew’s book, especially his second edition which I was reading along with the audiobook.

Unfortunately, it appears that he has not provided audio for the second edition and there are major differences between the first and second editions. This took away from the enjoyment of the book, which is a shame.

The audio reader did a fine job with the narration, it’s just a shame that I wasn’t able to get one for the second edition.

1 of 1 people found this review helpful

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  • Paul
  • 2018-01-31

Please do not spell out URL's !!

What did you love best about Millionaire Teacher?

Some excellent information here but its probably not the best subject for an audio book.

Any additional comments?

Consider putting tables and Url links in a separate PDF. it is very irrating to listen to these being spelled out with hyphens, fordward slash, index.jsp etc.

1 of 1 people found this review helpful

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  • Gavin
  • 2015-02-23

Everyone should read this book.

Honest, sensible financial advice. I'm no expert but Hallam makes very strong arguments. I highly recommended this book. I'll be telling friends and family to read it.

1 of 1 people found this review helpful

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  • D
  • 2019-09-03

Not Effective for Audio; Over Usage of Metaphors

The narrator spells out every single URL mentioned in the book. Very tedious and annoying. Also, there are many charts that are hard to follow with an audiobook. The author's over usage of metaphors is extremely annoying after the first hour. Generally, the book is very basic and redundant throughout, explaining the same thing over again. I could only get through about half the book before I gave up and moved onto something better.

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  • Amazon Customer
  • 2019-07-23

The alternative I was looking for

As a resident in Dubai for the past 9 years I have been approached by a number of “financial advisors” trying to sell me actively managed mutual funds from the companies Andrew mentioned in his books. Thanks to the Warning in his website I never signed one of those because he made me realize how high the fees were.
Now, I am ready to put into practice everything I learned in this book and also Millionaire Expat. I just started investing in ETFs - index funds - hoping that the theory will actually work. If it does I’ll be always thankful to Andrew Hallam.
All the best to everybody