#60: Andrew Hallam grew a million-dollar investment portfolio on a schoolteacher's salary by his mid-30's.

In his bestselling book, Millionaire Teacher, he describes these nine lessons in detail.

He shares these nine rules on this podcast, and his ideas are so substantive that -- for the first time -- I decided to release his interview as a two-part series.

In last week's episode, Andrew shared the first three rules of building wealth. This week, Andrew dives into the final six rules that can turn middle-class people into millionaires.

Here's a sneak peek:

   •   #1: Learn how to think and spend like a millionaire.
   •   #2: Start investing early. Time is your greatest investment ally.
   •   #3: Choose low-cost index funds. Small fees pack big punches.
   •   #4: Understand your inner psychology. Conquer the enemy in the mirror.
   •   #5: Learn how to build a balanced, responsible portfolio.
   •   #6: Create an indexed account, no matter where you live.
   •   #7: Don't resign yourself to taking this journey alone.
   •   #8: Inoculate yourself against slick sales rhetoric.
   •   #9: If it sounds too good to be true, it probably is.

These rules may sound simple, but our discussion took an advanced turn. Andrew and I dive deep into thorny topics like hedge funds, casinos, and human psychology.

Enjoy this two-part series, and don't forget to check out Andrew's excellent book, Millionaire Teacher.

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Andrew Hallam (Part Two): The Nine Rules of Wealth You Should Have Learned in School 01:40:11 Share

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Andrew Hallam (Part Two): The Nine Rules of Wealth You Should Have Learned in School