This book is about investment rules that, if followed, can help you attain investment success. It’s also a story of my financial ups and downs as I learned these investment lessons the hard way.    The title is deceptive: I’m not a millionaire now—I was briefly but didn’t know it at the time. And I’m not a teacher of investment, either.  

These investment lessons are the rules of the road that I’ve learned along my financial journey—the ones I wish someone had taught me when I first started out on Wall Street. Although I am currently wealthy, it’s only because of the great investment decisions that others have made for me in my investment account.   

I hope that the investment lessons in this book will help you on your investment journey and show you how to become wealthy. Before starting the rules, there’s a basic question which many people ask. Let’s check out in detail.

Why Do So Many People Fail as Investors As per Paul Haarman?

I think it’s because they don’t receive investment education at school. They get a business or liberal arts degree and finish school with a large investment debt, too. In my investment seminars, I’m often asked how to become an investment expert. Even though I never consider myself one, I do know that investment experts usually have investment degrees—even if they don’t work in the investment field.    That’s why financial education should be part of your high school curriculum says Paul Haarman.      Kids should be required to take investment courses, even if they don’t want to become investment professionals. And investment classes should not just teach investment basics but also investment principles and investment rules.

I think investment education would help people make more investment successes than failures.    And it could give them an advantage over the other types of education, which usually end up leaving investment debt to the students.    If investment classes were made a requirement in high school, I think we would see investment education become part of the college curriculum too.

6 Investment Principles That Should Be Taught in School

Every investment decision you make should be based on six investment principles.

1) Never lose money:

Losing money is the investment in that investment novices commit. Losing money is also what investment amateurs cannot avoid—and why they need investment rules to help them keep their investment losses to a minimum.

2) Control your risk:

Risk and return are inversely proportional, so you need to know how much you can afford to lose and still sleep at night.

3) Know what you’re buying:

You need investment intelligence to invest successfully—and investment intelligence starts with investment education.    No investment intelligence means no investment success.

4) Buy bargains:

If there were no bad stocks or investments, then good companies would sell for very high prices and not be bargains anymore.  That’s why investment bargains are hard to find.

5) Be contrarian:  

You need investment courage to be a contrarian, because being contrary means going against the status quo.    And if you don’t have investment courage, then investment rules are essential so that you can go against the consensus without fear of making an investment mistake.

6) Be patient:

Investment patience is the investment principle that all investment novices lack—and why they need investment rules to help them buy good investments that are temporarily out of favour.


I’ve seen investment novices who use investment rules to guide them and investment amateurs who don’t. As a result, the investment professionals succeed and the investment amateurs fail.    These investment lessons can lead you to investment success if you follow them and gain investment knowledge and wisdom along the way.