On to this week’s show! We have my friend Derek Foster who successfully retired a long time ago, 2004 was the last time he had a job and Derek is retired, retired. Enjoying his time off, chilling and raising his eight, that’s right eight kids so it’s not like he has nothing to do.
As a wealth hacker, I have a natural interest in studying how the rich get rich in lazy ways, Derek has done that for almost two decades and has written six best selling books on the subject, and recently he’s been navigating the crash in the stock market quite masterfully as at the time of the recording, the stock market was down 15% year to date, Derek is only down 5% hence he’s completely outperforming the market and likely outperforming pretty much every professional money manager out there. Is there any wonder Derek helps us teach at Stock Hacker Academy?
On our recent visit to our nation’s capital of Ottawa, we invited Derek and his wife to lunch and record this podcast episode in our AirBnb. It’s great to catch up with Derek and learn about how he’s investing in stocks these days so you the listener and I may learn and hopefully create another passive income stream.
No, he’s not on social media other than Linkedin but he doesn’t update that lol