Kiplinger.com- September 3, 2025 Kiplinger recently featured David A. Schneider, CFP®, in its article “Seven Mistakes to Avoid When You First Start Investing.” The piece highlights common errors beginners make — from chasing penny stocks to over-checking their accounts.
Mr. Schneider explained:
“True wealth is built by owning solid companies, not rolling the dice on speculative companies.”
He also reminded readers:
“Successful investing is a marathon, not a sprint. Checking your portfolio constantly is like looking at a plant every five minutes to see if it has grown. It just creates anxiety and distracts you from your long-term plan.”
The article is a great reminder that building wealth is about patience, discipline, and staying focused on quality investments rather than quick wins.
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Link for developer:
https://www.kiplinger.com/investing/mistakes-to-avoid-when-you-first-start-investing