Loading
Books > Business & Investing > Investing > Bonds

               godrules_net (19926Feedback is 10,000 to 24,999) 98% Member has an eBay Store about me






PrintPlace.com Online Full Color Printing


 Millionaire Teacher Could not connect to Amazon
Front




Rank:
Manufacturer:
4.8 out of 5 stars


New:
Used:
Retail:
Model:
ASIN:

(everyday Super Saver Pricing)
In Stock.


Customers who Bought This Also Liked

Could not connect to Amazon

Product Description

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (9780470830062): Andrew Hallam: Books. Q&A with Author Andrew Hallam Author Andrew Hallam You've published personal finance articles for years. But this is your first book. Why do you think so many of the world's most respected personal finance authors have embraced your book so enthusiastically? I think my book has a couple of differences to most personal finance books. First, it's very easy to understand—even for someone who knows nothing about finances. Second, it's real: I followed this advice myself, building a million dollar portfolio on a modest salary, at a relatively young age. My book doesn't just espouse financial theory, but it shows how I utilized that theory in real life. And I chuckled while writing it, so readers get a chance to see my quirky sense of humor. To be honest, many of the great endorsements I received came from my financial heroes---people who literally changed my life at a very young age, by teaching me (through their writing) the sound financial concepts that don't get taught in schools. My book espouses very similar, common sense messages about living below your means, investing effectively in low cost index funds, and thinking correctly about stock market swings (young people, for instance, should rejoice when the stock markets fall). Why should anyone rejoice when stock markets fall? Anyone with a job (who intends to keep working for a number of years) should prefer stagnating or falling stock markets. Foundations for great wealth are never established by purchasing stock market investments that are rising in value. Instead, we lay foundations for huge wealth when we enthusiastically buy assets that are cheap. For instance, the stock markets in the U.S. jumped up and down from 1965 to 1982 (17 years) without going anywhere. Most people, during this 17 year period, were growing distrustful of the stock market because they hadn’t made any money. But for patient investors who regularly invested during those 17 years, they were seriously rewarded when the markets erupted nearly 1,700 percent in the following 18 year period. All of those stock market assets they previously bought, at low prices, rose significantly during the next 18 year period (from 1982-2000). People who didn't start buying until the stock market started getting more expensive, voluntarily gave up significant, future riches. The stock markets haven't made much headway in the past decade. Does that mean this is a good time to invest? It seems counter-intuitive, but yes. And when the stock markets are volatile, or not moving much, the media is always suggesting that stocks are a bad investment—and that you should seek financial safety elsewhere. For 200 years, the same story has played out over and over again. The general population is always afraid of the stock market when it's most attractive, and they love investing when it gets more and more expensive to do so. I'm currently preparing to teach a personal finance class to high school kids. And I'm going to show them a huge, long-term stock market chart, spanning the past 200 years. Then I'll ask them: Show me what would have been the best 15 year historical time periods to plough money into the stock markets, on a monthly basis. Simply by asking them questions (and not giving them the answers) they'll quickly see, without me telling them, that the best times to regularly add money to the markets have always been when markets were stagnant or falling. And coincidentally, media headlines have alway[7141] 'If you want to make sure that your money is invested wisely, then this is the book for you.' (turnonepoundintoamillion.com, January 2012) '...quirky, upbeat and above all interesting...a book for anyone.' (blog.iii.co.uk, March 2012)

Shipping Weight: 2 pounds



Technical Details



Find Related Items





30 Day Return Policy - Company Info - Affiliate Disclosure Statement - FAQ - Privacy Policy - Over 20,000 Customer Feedback

© Copyright 2002-2011 Optasia Electronics, Inc. All rights reserved.