- File Size: 1135 KB
- Print Length: 86 pages
- Publication Date: February 22, 2015
- Sold by: Amazon Digital Services LLC
- Language: English
- ASIN: B00TX02K7Y
- Text-to-Speech: Enabled
- Word Wise: Enabled
- Lending: Enabled
- Amazon Best Sellers Rank: #251,439 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
|Print List Price:||$11.99|
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The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future Kindle Edition
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|Length: 86 pages||Word Wise: Enabled||Enhanced Typesetting: Enabled|
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Top Customer Reviews
"I recommend waiting until you have $10,000 to begin investing...." & "You do not want to have all your eggs in one basket and with less than $10,000, it is simply too hard to diversify without paying too high of a proportion in fees." There are SEVERAL fund companies that will allow you to begin investing in no-load, broad index funds for just a few hundred dollars. Many of these no-load funds offer such as the Total Stock Market Index Fund through Vanguard or the Spartan Total Market Index Fund through Fidelity have expense ratios of around just 20 basis points (0.2%) and offer diversification across the entire US stock market with minimums far below $10,000. On top of that, there are no fees for buying or selling these funds. This sum of money is way off the mark, and her statement that it's "too hard to diversify" with anything less is misleading.
"Reason number two why mutual funds are bad news is loads that you have to pay when you buy or sell them." Just a bit of research would reveal that there are TONS of no-load mutual funds out there (as I mentioned above). Many of the most popular ones are through Vanguard, a company that she even mentions as a good place to buy ETF's. Many of these funds have minimums as low as $1,000.Read more ›
Most Recent Customer Reviews
This book is a must-read for anyone starting their overseas teaching experience with the intent of saving money in the process. Read morePublished 14 months ago by Kat
There is an e-book this lady created about becoming ‘wealthy’ as an ESL teacher. I admire her ability to save and invest her money. Read morePublished 15 months ago by sweetserenity
This book provides sound advice for expat teachers (or any profession actually) to get their financials in order from the other side of the world. Read morePublished 16 months ago by Neil G.
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