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DRiPs for Canadian Investors
Moderator is Robert D. Gibb

Date: 3/18/2009 9:13:04 AM
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Author: tdot416 Country Flag
Subject: 20572/38864 - Re: Derek Foster on CBC about his new book
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The interview was just plain bad, dude needs some media relations training.

It's also too bad that they (CBC) was proping him up still as Canada's Youngest Retiree and a investing genius.

The only advice I heard from him was everyone should buy colgate because even in recessions, people still have to brush their teeth. I also just took out a line of credit against my condo, and put that money into colgate, one of his suggested investing strategies in the book (taking out LOC's and putting it into stocks).

George S. could of taken him to town for some of his advice, for example in his last book he made a big investment in Bank of America, i think he may even mentioned somewhere he wrote naked puts??? Wonder how that worked out for him.

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