This morning, Derek Foster AKA The Idiot Millionaire was here to help us all retire wealthy (and hopefully EARLY).

Most people follow conventional “wisdom” and invest paying fees for the “advice” they receive…The result: They work well into their 60s and many never become wealthy…

Derek is an idiot millionaire (not an “expert” investor).  After spending most of his 20s travelling, Derek retired at the age of 34 to become Canada’s Youngest Retiree and then became a millionaire – thru investing in “idiot-proof” stocks (no inheritances or lottery wins).

What are “idiot-proof” stocks?

Stocks that pay dividends and are simple enough for a 6-yr-old to explain with a crayon!

Example:  Colgate

Think about it…  Did you  brush your teeth today?  Will you tomorrow?

Colgate is an example of  an “idiot-proof” stock – people use it daily.

And…

This fact has made shareholders wealthy…  Colgate has paid dividends since 1895 (longer than anyone living today has been alive) and has raised its dividend for 47 straight years!  In other words, shareholders have received a cheque in the mail every year for over a century (and the size of those cheques keeps getting bigger)!

The best investment strategy is to ONLY buy “idiot-proof” stocks, avoid paying fees, and collect dividends as they grow over time!  This approach has made Derek wealthy – and it can make anyone wealthy (even idiots).

For more info, visit www.stopworking.ca

****ALSO Derek offered CHFI listeners a deal:

If you go to his website www.stopworking.ca and order the “Beginner Set” – type CHFI in the name column – you will get a free copy of “Money For Nothing” included.