Comments on: Toronto Star article on Derek Foster http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/ Helping you invest and prosper Fri, 12 Mar 2010 03:52:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jess http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-203965 Jess Mon, 16 Nov 2009 17:03:07 +0000 http://www.canadiancapitalist.com/?p=1858#comment-203965 I have respect to Derek Foster and his strategy. But I have pulled my money money before the market crashed of Sept. 08 and get back to it this year. I have respect to Derek Foster and his strategy. But I have pulled my money money before the market crashed of Sept. 08 and get back to it this year.

]]> By: TheTradingReport » Blog Archive » Ten Links for March 21, 2009 http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-186287 TheTradingReport » Blog Archive » Ten Links for March 21, 2009 Mon, 23 Mar 2009 13:44:34 +0000 http://www.canadiancapitalist.com/?p=1858#comment-186287 [...] Capitalist analyzed the Toronto Star article on Derek Foster, the self proclaimed “Canadian Youngest Retiree” and also gave us several reasons why [...] [...] Capitalist analyzed the Toronto Star article on Derek Foster, the self proclaimed “Canadian Youngest Retiree” and also gave us several reasons why [...]

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185625 Canadian Capitalist Wed, 18 Mar 2009 14:07:33 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185625 I checked out that CBC The Hour video. I've got to tip my hat to Derek. He is a brilliant salesman, for sure. I checked out that CBC The Hour video. I’ve got to tip my hat to Derek. He is a brilliant salesman, for sure.

]]> By: 72rule.blogspot.com http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185592 72rule.blogspot.com Wed, 18 Mar 2009 09:51:29 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185592 For anyone who is interested, DF appeared on CBC's The Hour Monday night to talk about the economy and his recent sell off. http://www.cbc.ca/thehour/videos.html?id=1063578735 For anyone who is interested, DF appeared on CBC’s The Hour Monday night to talk about the economy and his recent sell off.

http://www.cbc.ca/thehour/videos.html?id=1063578735

]]> By: 72rule.blogspot.com http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185524 72rule.blogspot.com Tue, 17 Mar 2009 23:59:39 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185524 Thanks for this.... I've been wondering how Foster has been doing. I can't believe he has cashed out. He went against his number one principle. If he made it until Feb, I don't understand why he couldn't wait it out. He did have a large percentage of his portfolio invested in income funds.... many... if not most have since cut their dividends. I feel dirty now for enjoying his books so much...lol Thanks for this…. I’ve been wondering how Foster has been doing. I can’t believe he has cashed out. He went against his number one principle. If he made it until Feb, I don’t understand why he couldn’t wait it out.

He did have a large percentage of his portfolio invested in income funds…. many… if not most have since cut their dividends.

I feel dirty now for enjoying his books so much…lol

]]> By: Canadian Dream: Free at 45 » Blog Archives » Wander Reading #14 http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185439 Canadian Dream: Free at 45 » Blog Archives » Wander Reading #14 Tue, 17 Mar 2009 12:13:14 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185439 [...] Capitalist has a great set of links from Derek Foster on how he SOLD IT ALL! So much for buy and hold forever guru!  What’s even more interesting is he is still selling [...] [...] Capitalist has a great set of links from Derek Foster on how he SOLD IT ALL! So much for buy and hold forever guru!  What’s even more interesting is he is still selling [...]

]]> By: mjw2005 http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185283 mjw2005 Mon, 16 Mar 2009 06:07:29 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185283 Thank you, thank you, thank you Canadian Capitalist for bringing this to everyones attention. I feel like a fool for just reading his books. Count me in as another person who as lost all respect for this guy. I mean maybe things are different when you have a larger portfolio and loosing 30% - 40% would scare you....but if you really practiced what you preached and truly believed in the long term growth of stocks and the ongoing dividend income they provide then this market should not concern you....especially if you are in your 30's... I am in my 30's and I truly believe that over a 30 year period stocks are the only place to be in order for your money to outpace inflation and grow, so I really have no choice than to put all my money in the market and wait it out....I've lost 35% but I still sleep well....and if I am wrong and after 30 years my money went nowhere in the market then there are probably be bigger things to worry about as the world economy has probably colapsed.... DF I no longer trust you.... and Stever you are Spot On! Thank you, thank you, thank you Canadian Capitalist for bringing this to everyones attention. I feel like a fool for just reading his books.

Count me in as another person who as lost all respect for this guy. I mean maybe things are different when you have a larger portfolio and loosing 30% – 40% would scare you….but if you really practiced what you preached and truly believed in the long term growth of stocks and the ongoing dividend income they provide then this market should not concern you….especially if you are in your 30’s…

I am in my 30’s and I truly believe that over a 30 year period stocks are the only place to be in order for your money to outpace inflation and grow, so I really have no choice than to put all my money in the market and wait it out….I’ve lost 35% but I still sleep well….and if I am wrong and after 30 years my money went nowhere in the market then there are probably be bigger things to worry about as the world economy has probably colapsed….

DF I no longer trust you….

and Stever you are Spot On!

]]> By: John http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185100 John Sat, 14 Mar 2009 17:43:08 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185100 I wonder what Mr. Foster’s portfolio was worth at the top? The article is not specific on how much of a hair cut he took. I also wonder what the dividends generated by the portfolio were at the top and at the time he sold. My portfolio has fallen a lot (50%) but my dividends are down by only about 10% I wonder what Mr. Foster’s portfolio was worth at the top?

The article is not specific on how much of a hair cut he took.

I also wonder what the dividends generated by the portfolio were at the top and at the time he sold.

My portfolio has fallen a lot (50%) but my dividends are down by only about 10%

]]> By: Steve in Montreal http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-185086 Steve in Montreal Sat, 14 Mar 2009 14:35:54 +0000 http://www.canadiancapitalist.com/?p=1858#comment-185086 How to spot a charleton: Clue 1: He didn't actually retire. He just changed professions from an hourly rate to selling books. Clue 2: The dude made money by convincing novice investors that they too could retire early using his method. Can anyone say "Bernie Madolff. Clue 3: He assured people on other forums his strategy works and marketed his books there. Clue 4: He didn't follow his own message. (This only came out after the fact). He ignored his "audience". As WB says "buy when people are fearful". DF has run away with his tail between his legs!! I've lost total respect for this guy. Any drivel he says or writes is hogwash!! How to spot a charleton:
Clue 1: He didn’t actually retire. He just changed professions from an hourly rate to selling books.
Clue 2: The dude made money by convincing novice investors that they too could retire early using his method. Can anyone say “Bernie Madolff.
Clue 3: He assured people on other forums his strategy works and marketed his books there.
Clue 4: He didn’t follow his own message. (This only came out after the fact). He ignored his “audience”.

As WB says “buy when people are fearful”. DF has run away with his tail between his legs!! I’ve lost total respect for this guy. Any drivel he says or writes is hogwash!!

]]> By: gene http://www.canadiancapitalist.com/toronto-star-article-on-derek-foster/#comment-184971 gene Fri, 13 Mar 2009 19:11:34 +0000 http://www.canadiancapitalist.com/?p=1858#comment-184971 The problem with his trying to time the market is that a lot of bad news is priced into stocks already, and that stocks are forward looking. They will recover when the economy still looks awful. I don't think no bonds in retirement is necessarily bad. However, I'd be reluctant to go 100% stocks without a substantial capital base, say in the million dollar plus range. The problem with his trying to time the market is that a lot of bad news is priced into stocks already, and that stocks are forward looking. They will recover when the economy still looks awful.

I don’t think no bonds in retirement is necessarily bad. However, I’d be reluctant to go 100% stocks without a substantial capital base, say in the million dollar plus range.

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