Thank you to everyone for the well wishes. I shouldn't have needed to spew my guts to explain myself but it did give me a chance to reflect on my journey and maybe I needed that to help appreciate what I finally achieved with this company.
I know full well it's not just about the money and I was triggered by the insinuation that I'd missed the point.
When LTR was 10c, my brother needed 250k to settle a divorce and keep his house. He needed the house as the kids were staying with him after the divorce and he wanted to keep things as stable for them as possible through difficult times, which was natural. I remember the time well, as it was a time when I had full belief in the KV project and I was buying as many shares as I could afford. But my brother needed my help, so I withdrew money from my redraw facility on my house loan and gave him the money. It took me a couple of years to save the money, but I also gave my sister the same amount, so she didn't think I was favouring my brother over her. So this is why I still have a house loan.
Neither my brother or sister went to Uni and neither has the earning capicity I do. My sister wasn't hard up for the cash but I know she would like to help her kids one day to get their own homes. I recommended to my sister she buy LTR with the money at $1. She kept $50k to renovate her house but she put the rest into LTR and still holds.
My brother still has a sizeable mortgage on his house after his divorce, so earlier this year, when my paper wealth was getting up there, I promised him I would give him another 500k as soon as I sold some shares. Naturally, I felt I needed to also promise 500k to my sister to keep it all equal.
In my first year of speciality practice, after 17 of training and having little money, I saved and sent my parents on a Paul Guaguin luxury cruise around Taihiti even before I could afford a decent car for myself. I have since sent them on many other trips and looked after them. I currently live with my mother-in-law, caring for her, but it is her home. Lockdown in Melbourne was particularly difficult for my family as it was like we were living in an apartment sharing the home.
The point is, I do know that life isn't just about the money. I've spent my whole life devoted to others, which includes the many patients whose lives hopefully I have benefited. Above all, I have always put family first.
LTR is like a second family, including its shareholders (not on my ignore list), BOD, employees, contractors and Tjiwarl. I wish everyone the best, always.
My plan was to retire with enough income for ourselves and either fund an early intervention centre or support the community in some manner, so I still had a sense of purpose. It now looks like the proposed tax changes within super will quash the opportunity for us to go that big on charity, which is why I was so upset about the changes. But we'll do what we can. A large part of the reward for me is being able to help my brother and sister. I k ow that noney will flow onto their children.
The house we'll move into in Dec in very nice, but to be honest I'd be perfectly happy retiring into a little shack somewhere, as long as it was by a stream where I could hang a rod and reflect a little and dream of what's to come. Hopefully, the story ain't over yet.
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