Re: Neophite investor Despately needs help - Posted by Tim W.
Posted by Tim W. on May 24, 2000 at 05:39:42:
Please accept my sympathies to you and your family for your father’s illness. Having little or no money surely doesn’t help matters at this difficult time for you, I’m sure.
The only advise I can give you is not going to be what you would want to hear. However, lets just say that I am in a business that I deal with situations like yours on a daily basis, and can offer you a view of your situation others may not share with you.
First and foremost, you must take care of yourself and your family, especially if you have children. THEY are dependant upon you for their basic needs and survival. If you don’t have the money now to care for them, how can you expect to throw money into your father’s medical expenses? At the very least, even if you have no children, you have to provide for your own survival.
I’d venture to say that everyone’s reaction to cancer is to get the best doctors and maintian a good fight right up to the end. To me, based on what I know, it is very much like someone trying to keep a boat afloat that has a hole in the bottom of it. NONE of the best doctor’s and treatments can CURE cancer. Perhaps someday they will, but that is years away.
With no discounting your love and concern for your father and his survival, my advise to you is to not concern yourself with how your father’s bills will be paid. If his health is that terminal and he requires a great deal of medical attention, you could not save enough money in an entire lifetime to pay for it. There are many government social programs designed to provide for basic welfare of those like your father. They will take care of his shelter, food and health coverage. The rest of the bills can go to hell in a hand basket because there will be nothing left to collect from. It’s also important for you and your family to remember that YOU are not responsible for your father debts. If your father is broke, then that is where the buck (bills) stops.
Getting involved in REI is a great idea for you to provide for yourself and your dependant family. At this point, you would not want to use any cash you can generate to provide for your father’s well being.
The best you can do for your father is to “be there” for him during this difficult time. Do what ever you can to show him your love for him and spend time with him doing whatever you can for him. You can be most beneficial to him in this capacity. However, under no circumstances would I recommend you start dumping your hard-earned cash where it will make little difference in the greater picture of the situation.
Best of luck to you and your family.