7 Dividend Stocks for the Ultimate in Deferred Gratification

Deferred gratification is a principle where one or more people choose to postpone near-term benefits in order to enhance their chances of greater benefits in the future. In our microwave society marked by the ‘I want it now’ attitude, it is unusual to find someone willing to wait. However, deferred gratification is essential for anyone wanting to build wealth and is a key ingredient in a successful dividend investing strategy. Consider these choices:Entertainment or Equities The first difficult decision we need to make is to stop buying the “stuff” we want, like wide screen TVs, computers, fancy cars, nice vacations, etc., and instead divert a portion of the money into some form of savings. The inability to exercise this remedial level of self control has put many families on the road to insolvency.... Read more