The late Phil Fisher was one of the great investors of all time and the author of the classic book Common Stocks and Uncommon Profits. Fisher started his money management firm, Fisher & Co., in 1931 and over the next seven decades made tremendous amounts of money for his clients. For example, he was an early investor in semiconductor giant Texas Instruments TXN. Fisher also purchased Motorola MOT in 1955, and in a testament to long-term investing, held the stock until his death in 2004.
"Common Stocks and Uncommon Profits" - is a MUST READ!
"Capital Appreciation through Capital Preservation" - Phil Fisher
Does Uncle8888's Pillow Stocks Strategy has the similar effect of capital appreciation through capital preservation?
Read? Pillow Stocks Strategy (2)
First, don't lose your Capital and then grow your Money Tree.
Money will just drop from the Money Tree twice or once a year.
What else can we ask for in our retirement life?