Tuesday, August 21, 2012

The last D in Investing: Discipline


We may have the literacy but if we do not have the Discipline we won't be successful in investing. The execution in consistent monthly investing specially in the beginning is the major challenge we face. Fely and I had to re-program ourselves from the habit of spending to the habit of investing. We find it so easy to spend but so difficult to invest. I have seen the same struggle for most specially the young professionals who have just started with their career and had their first taste of having income.

Discipline is something Fely and I have to personally develop. This is not something that can be taught nor be coached. It must come from within. And we were able to develop this habit of investing by consistently investing monthly until the habit is formed, and investing became automatically a discipline.

Happy Investing.

God bless us all!

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