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Millionaire Teacher

The Nine Rules of Wealth You Should Have Learned in School
Narrated by: Peter Drew
Length: 6 hrs and 24 mins
4.5 out of 5 stars (26 ratings)

Non-member price: $29.22

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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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    4 out of 5 stars

very powerful information

a must read for all ages and experience very comprehensive coverage should be taught at secondary schools

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The lessons all generations need to learn

A great listen. Solid, practical "how to's","what to do's" and "what definitely not to do"!

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Generally good read!

Good read and relatively quick. I gave it 3 stars because I felt there was only one main point running through the book, which was to by low cost indexes. This was incredibly useful and very interesting to hear the statistics, but I feel that there could have been other points to learn. Nevertheless, it was a well written and easy book to pick up.

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  • Kevin
  • 27-11-2013

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 people found this helpful

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  • Kindle Customer
  • 28-12-2015

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 people found this helpful

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  • Devo Spice
  • 07-08-2015

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 people found this helpful

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  • damian roman
  • 01-07-2015

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 people found this helpful

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  • Trixi
  • 27-04-2018

Great book. terrible reader.

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

2 people found this helpful

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  • Ed
  • 02-11-2018

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 person found this helpful

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  • Paul O' Kirwan
  • 31-01-2018

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 person found this helpful

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  • Gavin
  • 23-02-2015

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 person found this helpful

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  • xCheckM8
  • 17-04-2020

Excellent!!!

A must for people that live paycheck to paycheck. At the beginning of the book, I knew nothing about investing or properly saving money. Upon completion, I feel as though I know the most effective way to invest/manage my money to live the 2nd half of my adult life making more money per year then both of my parents combined. Coming from a nothing town in the middle of nowhere desert, this is a feat in itself given my odds. This book should be used as the primary tool for everyone that earns their own income.

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  • Anonymous User
  • 03-04-2020

Well Ordered, Simple to Understand Content

Material is presented in simple language. This made it easy for me to listen to and comprehend major points. There are instances where you will need to focus because there is a good amount of material to absorb. I will listen to this book again. Worthwhile to so do.

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  • Sushma C.
  • 30-05-2017

Interesting listen

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.

2 people found this helpful

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  • Per.E
  • 18-07-2018

Nothing new

If this is the only investment book you read, it can be useful, but if you are a frequent reader this book offers little new insights..

1 person found this helpful

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  • Anonymous User
  • 29-01-2020

valuable learning. easy listening.

As someone who has a finance phobia, I enjoyed this book, and learned a lot. Sensible and simple.

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  • Leatitia
  • 23-11-2019

passive Investment Strategy

Teachers are the foundation of our society and spend more time with the children of the world than their families do! Teachers are not compensated to the degree that they should be, but fear not teachers, you can still become a millionaire if you adopt Andrew Hallam's strategy put forward in this book.

Andrew Hallam has taken it upon himself to break the mold and make it known that it is possible to build your wealth to millionaire status even if you are a teacher. He explains in layman terms a way of investing that is passive and effective.


What a book!

Thank you for adding value Andrew!

Leatitia Hudson

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  • Anonymous User
  • 14-07-2019

Great book - everyone should read this

Dear Andrew - please can you put all your books on Audible. PLEASE! This is an excellent book and I highly recommend everyone reads it if they want to change their financial future for the better.

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  • Craig B.
  • 16-02-2019

loved it

great read and makes total sense to a novice like me who does not have the patience to be researching and logining in and out of accounts moving stocks and bonds all the time

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  • Dimitri Souppes
  • 10-09-2018

Great overall

An essential for a basic level of personal finance knowledge. Better value than any professional advisor if you are not yet very knowledgable about investment in stock markets, etc. Actually offers up good avenues for investment rather than just talking about general investment ideology/strategy.

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  • Caleb S.
  • 20-12-2017

only read if investing in stocks<br /><br />

only worth listening to if you want to invest in the stock market.not much benefit otherwise