To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.
Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
I think there is no need to starve or delay gratification just because you want to invest in something or a certain product. Because life is to be enjoyed and investment can be done freely and as much as you can so there is no need to be hungry just because you want to invest and think it is your consistency. Because holding back and delaying enjoying gratification until you get sick or die from starvation, it's far more ridiculous than investing in what you have now. Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
