You are in your early 20s. You just graduated. Life seems great. All of a sudden, you are diagnosed with a life threatening illness. If you have 10 years left, what should your investment strategy be? - Seedly
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Anonymous

Asked on 30 Sep 2018

You are in your early 20s. You just graduated. Life seems great. All of a sudden, you are diagnosed with a life threatening illness. If you have 10 years left, what should your investment strategy be?

Hi, I am in my 20s and diagnosed with an life there life disease. I can’t live long. I rely on subsidies. I have no insurance. What pains me more than the illness is that I’m a strong supporter of capitalism. I don’t want to rely on government money (other ppl’s money). There should be a way to pay the bills. I’m sure I’m not alone. At the end of the day, our actual time horizon is always unknown. So I continue to live my life with honor and dignity. To serve God and fulfill my purpose :)

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 01 Oct 2018

Sorry to hear about your condition. Perhaps you can look into creating a portfolio of REIT and strong blue chip stocks with decent yield to help cover some of your medical costs.

Talk about investments aside, you seem to be a person of faith. Miracles still happen, and can happen for you. And I've seen them happen. Pray for healing. Get others to pray with you and for you. Look within yourself and try to find anything that may hinder prayer and get rid of it. Believe that you will get well.

I know of at least 2 places that conduct healing services. Let me know if you need to be connected on this.

God bless.

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Julia Chan
Julia Chan
Level 4. Prodigy
Answered on 02 Oct 2018

I'm sorry to hear this. No man is an island, what $ you take today is because you unfortunately don't have the time to earn it with a long life. But we can also think of how to give back / add value to the community, dont mind if I'm a bit blunt, maybe organ donation or some form of contribution that will benefit the community (ies) you want to give back to.

Sometimes we have to take and give, in this order. But you have the right mindset already, ie not simply take and take.

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Gabriel Tham
Gabriel Tham, Kenichi Tag Team Member at Tag Team
Level 9. God of Wisdom
Answered on 02 Oct 2018

10 years left, I would just live life to fullest. Do what I love and not work till I die.

Sure you might support capitalism, don't want to rely on anyone handouts but the government doesn't care if you live or die tomorrow. Neither will any company.

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This may come off a little insensitive.

Turn your pain into profit and take the Nick Vujicic route.

Write a press release of your story, do some talks, write a book.

But you gotta really believe in it though. Don't wanna come off fake.

I wish you all the best Anon.

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Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 9. God of Wisdom
Answered on 01 Oct 2018

Hi there friend... Always 100% agree that our time horizon is always unknown. Hence always live life to the fullest yup! You actually shared a similar story to someone who also submitted his/hers to us as well... really makes us think about life as a whole deeper as well.

Regarding your situation now, I feel that perhaps you should take the other route to enjoy life to it's best and actually try to rely a little bit on the government money?

Actually that is also a form of capitalism. Because the rich and healthier pays tax for the less fortunate in some sense. (robin hood concept)

Instead of investing your spare cash, focus on sparing it for rainy days, aportion it out properly and budget for all your appointments etc. I don't think you'll wanna go through the ups and downs on the market, emotionally or financially.

I believe you can actually continue to live your remaning 10 plus years with honor and dignity, spending time with your loved ones and also enjoying the things you really love to do... be it games or shopping or anything. :) All the best and live your remaining years on earth strong.

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Rais M
Rais M
Level 7. Grand Master
Answered on 26 Feb 2020

I am sorry to hear that. Please stay strong and hopefully God will grant you additional more years in life to fulfill much more.

Perhaps you can focus on dividend stocks. Something that give you a recrurring income.

You have a story to tell. Perhaps you would like to find some way to share your life story and motivate others.

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MT2020
MT2020
Level 7. Grand Master
Answered on 26 Feb 2020

You should invest in blue chips and reits to give you dividends for you to spend. Also, you may want to consider passing the stocks on to your love ones as well.

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Jeff Yeo
Jeff Yeo, amateur Social contributor at School of social sharing
Level 7. Grand Master
Answered on 30 Sep 2018
  • ETF

  • Blue chip stocks like singtel

constant yearly pay outs that are stable to help supplement the medical fees

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