Value investing: how do you discpline yourself not to spend your capital?

[SimpleDan]

I'm on my way back after barely surviving the global financial crisis and losing a lot of income. Value investing is now my vehicle.

My problem has always been impatience and poor discipline. How do you discipline yourself not to spend the capital you've saved for investing? If I put cash aside, I often find another opportunity for it before any of the stocks I want to earn reach a price I feel is reasonable. Knowing it's for my future is all well and good, thinking about delaying my gratification for increased future pleasure is ok, but I always seem to screw it up.

How do you stop yourself from being your own worst enemy and "eating the seed corn"?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Rickson9]

Nz opdipvowi ot neloph e vup ug nupiz xeovoph gus ep uqqusvapovz. O'wi vsoif opwitvoph fasoph uvjis vonit, cav vji nupiz vjev dep ci nefi egvis xeovoph gus vji sohjv uqqusvapovz fxesgt vjev.

 

[Jonleehacker]

Cioph ecmi vu jewi epf gummux e qmep vu ep opwitvus, ot moli cioph ecmi vu vjsux e getvcemm vu e ceticemm qovdjis.

Fu zua jewi e xsovvip fuxp qmep gus zuas opwitvoph? Og zit, vjip siwoix ov feomz/xiilmz vu vseop zuastimg vu gudat up iyidavoph vji qmep epf xjz zua esi fuoph ov.

Ov jet velip ni ziest vu fiwimuq fotdoqmopi op nz vsefoph, ov ot puv tunivjoph vjev zua dep djephi uwispohjv, vu djephi epz nekus monovoph etqidv ug zuas qistupemovz velit duptotvipv iggusv uwis voni.

E sidunnipfif cuul: Vji Xez ug vji Xessous-Vsefis.