Building life-changing wealth in the stock market requires just two ingredients. First, you need to own a collection of great businesses. Second, you need to hold them for long enough to let compounding do its magic. Sounds easy, right?

The problem is that it can be hard to identify excellent businesses before their stock prices soar. And many investors end up getting rattled by volatility and selling these stocks too soon.

So let's look at a pair of stocks that might help you avoid these common pitfalls. Coca-Cola (NYSE: KO) and Costco Wholesale (NASDAQ: COST) both feature market-leading businesses with unusually stable earnings outlooks.

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Source Fool.com