I've been investing for 30 years as a hobby. An engineer by training, I prefer fundamental analysis with a healthy dose of technical signals. I have made every mistake in the book, but am still way ahead due to very aggressive saving. As retirement approaches, I am finally recognizing the wise words of my accountancy class professor back in 1991. Namely that "all that matters is the expected stream of dividends that a company will pay over its lifetime ". Therefore, I have a Core portfolio of dividend growers, CEFs, MLPs and REITs. Also, I have a Trade portfolio to experiment with "good" ideas. I use options, occasionally, to initiate or increase a position, or generate income. My nemesis is emotion.