Keep INVESTING Simple and Safe (KISS)
****Investment Philosophy, Strategy and various Valuation Methods****
The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Buffett: Cash Holdings are among the most Dangerous of Assets
Buffett agrees that holding cash is a path to the poor-house. In fact, he says they may be “thought of as “safe”. In truth they are among the most dangerous of assets.”
While the nominal dollar value of your investment may be protected, the purchasing power of that cash is being eaten away while it sits there. To cement the point, Buffett remarks that the US dollar has fallen in value by 86 per cent since 1965, due to just that phenomenon.