Comments on: Derek Foster Cashes Out of the Stock Market

By: missnb20

missnb20 — Thu, 03 Sep 2009 00:42:11 +0000

I borrowed ‘Stop Working’ from the library and read and enjoyed it but didn’t change my strategy of investing in cheap index funds. I invest biweekly in TD e-series index funds but as I am reading about the dividend strategy in ‘The Lazy Investor’, I am inspired to open a brokerage account, buy my first share and then use the DRIPs and SPPs of the companies. But I have a lot more research to do and plan to read your posts on divided investing. It’s too bad about Derek Foster. I think his books are great for beginning investors like me and I appreciate them. They give new ideas and strategies for one to consider.

By: MoneyEnergy

MoneyEnergy — Thu, 19 Mar 2009 20:25:46 +0000

Trevor, all the better if you can go the entrepreneurial route because from what I know that will get you there faster. All the power to you! For me right now income investing and online work are my two main sources of alternative income. I think it’s hard to take on too much at once. I say, develop one avenue to the point where it’s working for you, then pick up another (unless you can keep developing the first even more).

Of course, putting income eggs in different baskets is a really good idea, especially in this economy. We’ve all seen how quickly dividend distributions can be cut.

By: Trevor @ Financial Nut

Trevor @ Financial Nut — Thu, 19 Mar 2009 18:44:39 +0000

Passive income is certainly the approach we’re all looking for in order to enjoy early retirement. Rather than getting into dividends, I have found myself exploring various entrepreneurial ideas that may result in that income. I have always figured that business would take me to where I wanted to be.

However, having not really explored the idea of living off of dividends, I can’t say much about it. I’m interested to learn.