Great book packed with loads of useful information from the first page to the very last. Perfect strategy which applies to Canadians - finally!

The book is pretty primative as far as investment books are concerned. If you have no idea what you're doing, this book may prove helpful to give you a basic knowledge of investing.

His numbers didn't add up at times and that for me sends up serious red flags.

I was very disappointed.

While reading this book, I was fascinated by author's talent to clearly articulate his investment strategies. Common sense language and pretty convincing reasoning make it an easy and enjoyable ride from the very first to the very last page. Being written for Canadians, the book's focus on Canadian markets' specifics further contributes to its attractiveness and usability.
HOWEVER, after having done some further research, I came to conclusion that such strategies have rather limited applicability. For most companies (including those referenced in the book) with average dividends yield of 2-3% of their stock price, one has to have about $1.5 million in such investments to generate $50,000 a year in dividend payments that are necessary for an average family to survive if there's no other regular income. So, either the author is kind of lying when he says he has far less than $1M invested or doesn't tell the whole truth about other sources of his income like, for example, capital gains from regular stocks trading.
So, in conclusion, my advise would be to use this book with caution and a fair portion of healthy skepticism. In any case, don't make mistake and "stop working" by solely relying on the author's strategies (unless, of course, you have $1M+ , but in that case you would do well even without Derek's recommendations :-)).

Great book, my only comment is, if I were to stop working I would like to live on a little more than $25,000 a year. Otherwise very well written and entertaining.