Millionaire Teacher · the Nine Rules of Wealth You Should Have Learned in School by Hallam, Andrew -- Read -- Imperial Library of Trantor

Index

Acknowledgments Introduction RULE 1 Spend Like You Want to Grow Rich

The Hippocratic Rule of Wealth Can You See the Road When You’re Driving? One of the Savviest Guys I Ever Met—And His View on Buying Cars Careful Home Purchases Millionaire Handouts How Did I Become a Millionaire? Looking to the Future

RULE 2 Use the Greatest Investment Ally You Have

Compound Interest—The World’s Most Powerful Financial Concept The Bohemian Millionaire—The Best of Historical-Based Fiction Gifting Money to Yourself When You Definitely Shouldn’t Invest How and Why Stocks Rise in Value

RULE 3 Small Fees Pack Big Punches

With Training, the Average Fifth Grader Can Take on Wall Street Financial Experts Backing the Irrefutable What Causes Experts to Shake Their Heads When the Best Funds Turn Malignant Reality Check When Best Mutual Fund Lists Can Strip You Naked What’s Under the Hood of an Index Fund? Captain America Calls for Government Action Who’s Arguing against Indexes?

RULE 4 Conquer the Enemy in the Mirror

When a 10 Percent Gain Isn’t a 10 Percent Gain Are Index Fund Investors Smarter? It’s Not Timing the Market That Matters; It’s Time in the Market On Stocks . . . What You Really Should Have Learned in School Internet Madness and the Damage It Caused Taking Advantage of Fear and Greed Young People Should Salivate When Stocks Sputter Opportunities after Chaos

RULE 5 Build Mountains of Money with a Responsible Portfolio

What Are Bonds? Profiting from Panic—Stock Market Crash, 2008–2009 Having a Foreign Affair Introducing the Couch Potato Portfolio Combinations of Stocks and Bonds Can Have Powerful Returns

RULE 6 Sample a “Round-the-World” Ticket to Indexing

What’s the Difference between an Index Fund and an ETF? Indexing in the United States—An American Father of Triplets Indexing in Canada A Canadian Couch Potato Strips Down Costs Indexing in Great Britain Indexing in Australia—Winning with an American Weapon Indexing in Singapore The Next Step

RULE 7 No, You Don’t Have to Invest on Your Own

Are You Wired Like a Buddha? How Does the Average Index Investor Underperform the Index? Intelligent Investing for Americans Intelligent Investing Firms for Canadians Intelligent Investing Firms for British Investors Intelligent Investing Firms for Australians Intelligent Investment Firms in Singapore Don’t Ask about Another Lover

RULE 8 Peek inside a Pilferer’s Playbook

How Will Most Financial Advisers Fight You? The Totem Pole View Is Government Action Required?

RULE 9 Avoid Seduction

Confession Time Investment Newsletters and Their Track Records High-Yielding Bonds Called “Junk” Fast-Growing Markets Can Make Bad Investments Gold Isn’t an Investment What You Need to Know about Investment Magazines Hedge Funds—The Rich Stealing from the Rich Don’t Buy a Currency-Hedged Stock Market ETF Beware of the Smart Beta Promise Don’t Jump Heavily into Small-Cap Stocks

Conclusion About the Author Index EULA