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Average rating: 4/5

Based on 79 ratings

The Lazy Investor: Start with $50...and no Investment Knowledge

by Derek William Foster

August 23, 2007 | Trade Paperback

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  • Ken Sidloski's Review
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Rating: 5/5

Easy and Interesting Read

Ken Sidloski

3 years ago

I am currently embarking on my DRIPping investment strategy. I purchased a couple of shares on the exchange board the author recommended. With the current global economic downturn, I believe this is an excellent time to invest in the stock market AND find a way to minimize your expenses. Money tucked away in a mutual funds set up for retirement dropped signifigantly for many people yet you still have to pay management expenses (MER). Mr. Foster shows an excellent strategy to minimize investment fees and, if focusing on dividend income, ways to minimize taxes. I encourage every Canadian to read this book.

Comments on this review:
Chris Conway

If you read only one book on investing, this is the book to read. Having lost thousands of dollars through so called professionals this book is the one that will make you money. Follow what the author says and make money. I give this book 5 stars!! Mutual funds do not work, You are gambling if you think you can consistently make money by trying to "guess" the market. The professionals do not do any better than these. And if the professionals were so good at picking the stock market why do they need your money. Read the book and do it yourself, its very very simple and it works.

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