The 6 Dumbest Things New Stock Investors Do

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The 6 Dumbest Things New Stock Investors Do
Joshua Kennon
Investing for Beginners Expert
The 6 Dumbest Things New Stock Investors Do
Charlie Munger likes to say that the key to making money investing in stocks is being "consistently not dumb". It may sound trite, but it's some of the wisest financial advice ever given.  What are some of those dumb things?  Here's a list to help you avoid getting in your own way when it comes to building wealth.
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If you want to build wealth from investments, the secret is to do a few things right so the money can grow itself without interruption for a long time.  Here are eight things you can do in your own life to help aid that process, improving your odds of ending up wealthy.
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How the Stepped-Up Basis Loophole Works
The stepped-up basis loophole is one of the greatest tax shelters available to investors.  Start planning now so your heirs can take advantage of it, essentially getting the taxes on all of your unrealized capital gains forgiven!
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Almost all stock market charts are geared toward traders and vastly understate long-term performance due to the bias used in construction them, which excludes certain important components that generate wealth for shareholders.
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