Millionaire Teacher

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

Smart investors don’t do that. They add money to their investments every month. They rebalance once a year.

With just three index funds, your money can be spread over nearly every available global money basket: A home country stock market index (for Americans, this would be a US index; for Canadians, a Canadian stock index) An international stock market index (holding the widest array of international stocks from around the world) A government bond marke

The US Federal Reserve compiles annual credit card debt levels. Cardhub.com publishes those results. In 2015, the average US household owed $7,879 in outstanding credit card debt.1 In 2015, MarketWatch news editor Quentin Fottrell reported that 15.4 percent of US homeowners have mortgage debt that is higher than their homes are actually worth.2 Tha

If you are interested in following step by step instructions on how to buy exchange-traded index funds in Singapore, you can access my website at the following: andrewhallam.com/2010/10/singaporeans-investing-cheaply-with-exchange-traded-index-funds/.

The surest way to grow rich over time is to start by spending a lot less than you make. If you can alter your perspective to be satisfied with what you have, then you won’t be as tempted to blow your earnings. You’ll be able to invest money over long periods of time, and thanks to the compounding miracles of the stock market, even middle-class wage

Let’s assume that two Singaporean twin sisters decide to invest in a US index. One of them buys the S&P 500 Index Fund through Fundsupermart. The other chooses to go with Vanguard’s low-cost S&P 500 ETF that charges just 0.08 percent annually. She could buy the ETF through any number of Singapore-based brokerages, including DBS Vickers, Sta

If I paid the right price for a car and the bulk of the depreciation was covered by someone else, he preached, I might be able to sell the car a year or two later for the same price I paid, if not a bit more.

make sure they don’t build you a portfolio with an ETF that trades on a US stock exchange.