Newbie’s Ultimate Guide to Stock Investing
This article is written for friends and family new to investing. All of whom have sadly told me they have been losing money. I wondered how this is possible in the greatest bull market in stock market history, and then I realize they don’t have access to good information. I hope this article will change that. Here I teach you how to get started in stock investing, based on how I got started myself in 2017. It’s called index fund investing, and can be done in a regular taxable account, a 529, a 401k, or a Roth IRA. The way I do stocks, there’s zero taxes in a regular taxable account and you have more advanced options to make money faster. In the long run, a regular taxable account is the best for all situations where you never sell the stock (and therefore avoid taxes entirely). The end game will be based on borrowing money against the stocks you own, so instead of paying taxes, you get tax deductions on any interest that you pay (reverse taxes). After a certain point you’ll never...