Join Early Retirement Today
View Poll Results: How would you rate this book
Best book I've read 0 0%
I like & recomend it 0 0%
Interesting 1 50.00%
Not very informative 1 50.00%
Waste of time 0 0%
Voters: 2. You may not vote on this poll

Thread Tools Search this Thread Display Modes
Book: Stop Working - Here's How You Can, Derek Foster
Old 12-05-2006, 07:59 AM   #1
Full time employment: Posting here.
My Dream's Avatar
Join Date: Sep 2006
Location: Ontario, Canada
Posts: 837
Book: Stop Working - Here's How You Can, Derek Foster

This book is available at my local library and I have it on reserve. The only other book closely related to investing that I've read is "The Wealthy Barber". I just wanted some input. The author lives in Canada, which I thought would be benificial.

My Dream is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Book: Stop Working - Here's How You Can, Derek Foster
Old 12-05-2006, 08:23 AM   #2
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
Re: Book: Stop Working - Here's How You Can, Derek Foster

Seems like the guy got to where he was by taking on a lot of risk:

"He also took some big risks along the way when he detected an unusual opportunity in the market. For example, he bought cigarette maker Altria Group on margin in early 2000 when legal worries had beaten the stock down to the point where it had a 10% dividend yield. He put his entire portfolio into the stock and sold after it rebounded 33%. That's the kind of risk a 30-year-old is better able to weather than someone older."

justin is offline   Reply With Quote
Re: Book: Stop Working - Here's How You Can, Derek Foster
Old 12-05-2006, 08:29 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,883
Re: Book: Stop Working - Here's How You Can, Derek Foster


Memory says from the reviews, articles I read - sort of a younger male version of the Norwegian widow - Canadian style.

aka - a current yield type.

heh heh heh heh - and frugal too which is much classier than being a cheap bastard like I was.
unclemick is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Book report: "Aging Well" Nords Other topics 10 02-26-2006 10:54 PM
Book report: "It's My Ovaries, Stupid!" Nords Other topics 17 01-14-2006 03:57 PM
Ten Things to Stop Doing in 2006 Jay_Gatsby FIRE and Money 119 01-12-2006 06:02 PM
Interesting Little Book brewer12345 Young Dreamers 1 12-20-2004 01:12 PM
What book would you like to see written? dex Life after FIRE 13 05-16-2004 04:17 PM

» Quick Links

All times are GMT -6. The time now is 03:19 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.