Millionaire Teacher

Millionaire Teacher
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Описание книги

Make sense of college admissions and prepare a successful application Admission Matters offers comprehensive, expert, and practical advice for parents and students to guide them through the college admissions process. From building a college list, to understanding standardized tests, to obtaining financial aid, to crafting personal statements, to making a final decision, this book guides you every step of the way with clear, sensible advice and practical tips. This new fourth edition has been completely updated to reflect the latest changes in college admissions. including new developments in standardized testing, applications, financial aid and more. Questionnaires, interactive forms, checklists, and other tools help you stay focused and organized throughout the process.. With the answers you need and a down-to-earth perspective, this book provides an invaluable resource for stressed-out students and parents everywhere. Applying to college can be competitive and complex. Admission Matters offers real-world expert advice for all students, whether you're aiming an Ivy or the state school close to home. It also includes much needed guidance for students with special circumstances, including students with disabilities, international students, and transfer students. In addition, athletes, artists and performers, and homeschoolers will find valuable guidance as they plan for and apply to college. Understand how the admissions process works and what you can and cannot control Learn how to build a strong list of good-fit colleges Craft a strong application package with a compelling personal statement Get expert advice on early admissions, financial aid, standardized testing, and much more Make a final decision that is the right one for you Whether you think you've got applying to college under control or don't even know where to begin, Admission Matters is your expert guide throughout the college admissions process.

Оглавление

Hallam Andrew. Millionaire Teacher

Praise for Millionaire Teacher, Second Edition

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

WILEY END USER LICENSE AGREEMENT

Отрывок из книги

I want to thank Ian McGugan, who first inspired me to write this book. He and Scott Burns have been great writing coaches. Nick Wallwork, my first publisher at John Wiley & Sons, offered to publish this book’s first edition back in 2011. My continued thanks, Nick.

I also want to thank my friends at Singapore American School. You guided this book’s first edition, helping to ensure that it was jargon-free.

.....

I wanted to update my examples. The investment landscape is also changing for the better. In the past, virtually every financial adviser stuffed their clients’ portfolios with actively managed mutual funds. Such products layer the pockets of advisers and their firms. But they’re bad for investors. Fortunately, people have demanded something better.

Enter the firms that many call Robo Advisers. Such firms have said, “Hey, people won’t be conned forever. Let’s offer something better.” These firms follow the rules I outline in this book. They’re companies worth knowing. Unlike most banks and investment firms, they don’t play their clients for fools.

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