Abstract: An apparatus for spearfishing includes a fishing rod having a whip-like casting portion and a rigid handle section that secures a reel which holds a spirally wound line. The free extremity of the line is attached to a collar having a centered bore. A spear is slidably engaged by the bore of the collar. The spear includes a shaft having a barbed forward extremity, and a rearward extremity having stabilizing flights or feathers. Forward and rearward stops positioned on the shaft serve as abutments to limit sliding travel of the collar. The spear is intended to be cast forwardly, during which action the collar rests upon the forward stop. When the spear is retrieved, the collar rests against the rearward stop.