Comments on: Book Review: Stop Working

By: Derek Foster Attempts a Comeback | Canadian Capitalist

Derek Foster Attempts a Comeback | Canadian Capitalist — Mon, 16 Nov 2009 03:18:43 +0000

[...] Millionaire Investor”. Which begs the question: Didn’t he claim in the first book that even young retirees don’t need anywhere near $1 million to [...]

By: Book Review: Money for Nothing and Your Stocks for Free

Book Review: Money for Nothing and Your Stocks for Free — Wed, 25 Mar 2009 22:01:11 +0000

[...] in Derek “Canada’s-Youngest-Retiree” Foster’s first two books (review of Stop Working and The Lazy Investor). With his new book though, the author is treading on dangerous ground with [...]

By: The Danger in Chasing Yield

The Danger in Chasing Yield — Mon, 23 Feb 2009 04:40:15 +0000

[...] Stop Working: Here’s How You Can! and The Lazy Investor, Derek Foster advocates a strategy of putting a portion of a portfolio in [...]

By: Book Review: The Lazy Investor

Book Review: The Lazy Investor — Thu, 05 Feb 2009 03:30:30 +0000

[...] finally managed to get Derek Foster’s follow-up to Stop Working: Here’s how you can! from the local library. I’m glad that I checked it out of the library instead of springing [...]

By: The Lazy Investor Giveaway

The Lazy Investor Giveaway — Tue, 04 Dec 2007 10:01:31 +0000

[...] “The Lazy Investor” which Mr. Cheap wrote a while back. As well here is a pretty good review of the Derek Foster’s first book “Stop [...]

By: Randy Finley

Randy Finley — Sun, 07 Oct 2007 15:37:11 +0000

I have read both of Derek’s books but I seem to have missed
a small part of the “drip plan.” I am 50 and I don’t have a lot of time left to get his dollars, but I thought I could maybe get a few bucks saved up. The question I have is; how long do you have to commit to the drip? Are you locked up for years, or can decide after a while you would like to just take the money you are earning on dividends and maybe stop buying shares? I’m not to sure how this part works. If you could answer this it would be appreciated much.
Thankyou.

By: Canadian Capitalist

Canadian Capitalist — Fri, 13 Apr 2007 14:05:15 +0000

Dave: I agree with you and I made the point is a post when I first heard about Derek’s gamble in MO. Still, I have to concede that Derek is a very good investor, so I question whether his ideas are applicable to everyone.

By: Dave

Dave — Fri, 13 Apr 2007 05:17:13 +0000

I bought this book a few months ago after reading about Derek in Money Sense magazine. He neglects the fact that he made an initial big gamble on Philip Morris, using borrowed money as well, and was able to build his grubstake from which he was able to then pad out his portfolio and supply his stream of income. It wasn’t solely from the $200 he socked away every month. He also calculates his income using government handouts like the GST rebate and CTC, which may seem a little dubious to those of us paying the taxes. Still the idea and theory seem sound. Though not written well (and his poetry is lousy), I still found it inspirational to a degree and motivating.

By: Big Cajun Man

Big Cajun Man — Wed, 30 Nov -0001 00:00:00 +0000

I put the book on hold at my library on line and I am number 57 on the list! Wow a popular book!

c8j

By: Canadian Capitalist

Canadian Capitalist — Wed, 30 Nov -0001 00:00:00 +0000

I put in a request as soon as I read a story in The Toronto Star. Now, I wish the library would order Jeremey Siegel’s The Future for Investors. Looks like I might have to buy it from the bookstore!