Good Investment Habits


Cecille also believes in propagating habits that instill prudence, as it provides a sound underlying discipline for investing. She personally believes in living below one’s means. She was illumined when she read how Charles Schwab saved his soda cans and bottles, turned them in for cash, and used the cash towards his groceries. She’s done the same with her soda cans, but when she sees an indigent person with a bag of cans, she gives the person her bag of cans. She’s an avid coupon saver too. These habits make you aware of value. Get into the habit of reading the small print. If something is on “sale,” check the expiration date if applicable. A memorable lesson for Cecille was when she took a group of visiting kids to a fast-food chain. A friend quickly ordered a bunch of the “specials” when her then eight-year-old nephew cried out, “Wait! If we order the items separately, instead of the specials, we’ll save 49 cents for each order!” Well, “out of the mouth of babes...” the kid was spot-on and saved them $5.00!

A habit Cecille strongly discourages is to not check on your stocks every 15 minutes or so. This will guarantee you an ulcer. If you cannot help it, then, in her view, keep a good stomach-relief aid handy and definitely own its stock; pick one with a nice dividend pay-out, to help you pay for the cost of the relief! In Cecille’s experience, get in the habit of checking the after-hours-trading (AHT) stats; this can give you an edge with info on a stock’s behavior and even trade. BloombergTV is great for global after-hours news. Keep in mind, investing for early retirement is almost akin to a full-time job that requires time, dedication, discipline and can be nerve-wracking. It is staunch perseverance and a cool-under-fire mindset that gets one past the finish line.

In her view, financial independence also provides one with a helpful cushion for the door-busting-knock-downs from the “university of life.” No degree from any of the world’s best universities can ever prepare one for life’s grueling drag-out-knock-out challenges and trials, whether it is a piercing arrow of evil intent, illness, tragedy, an accident, or even a ridiculous circumstance; absolutely nobody is spared. A haunting line from the multi-Oscar-awarded film, “The Last Picture Show,” says, “Life is completely fair; it breaks everyone’s heart.”

Mayhaps, a wise perspective to reflect on is a part of what Rev. Monsignor Mathers wrote in his November 25, 2012 parish newsletter: “...am I [also] possessed by my possessions? Does focusing on the power, presence, or prestige of possessions in my life blind me to the needs of others and to God? Do I sometimes confuse what I want with what I really need, and in the process, fail to appreciate the spiritual significance of how I use money, material things, my time, and my talents?”

On a nobler note, for
Cecille Villacorta, a gratifying benefit of investing is to give back, be charitable: To give to her Church, aid and remember the poor, especially the forgotten (the imprisoned and persecuted), and the maimed (returning service-patriots and war veterans). The origin of the word charity is in Late Latin Caritasor “generous love.” 

After all, is said and done: You cannot take it with you.” She considers herself blessed in being able to contribute to charities with her efforts and investment savings.

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