Book: Stop Working - Here's How You Can, Derek Foster

[My Dream]

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.

http://www.stopworking.ca/


Thanks

 

[justin]

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."

 

[unclemick]

Hmmm

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.