Investor Stays Resilient Despite Hardships, Aims to Use Gains for Good
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Facing financial hardship due to medical issues for multiple family members, including cancer treatment. Hedged portfolio with 50% bonds to avoid becoming forced sellers in a market downturn.
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Believes recession likely in 2024-2025 based on historical Fed tightening cycles. Holds managed futures ETFs like KMLM as additional recession hedge.
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For new investments today, recommends a mix of value ETFs like MOAT and dividend growth like VIG. Aims for 13-15% long-term returns.
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Despite financial challenges, finds joy in health improvements, family, faith, and purpose of helping others through investing gains.
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Overall goal is to achieve financial freedom through passive income and use it to fund retirement, charity donations, and eventually eliminate global poverty.