Ashwyn? Stop mumbling and pacing about, you’re making me dizzy!”
Ashwyn stopped in his tracks and turned around with a half worried look, and a half smile, and after a deep sigh, started what seemed like verbal vomit. It gave Jill such a rude shock that she wished she hadn’t asked him to speak. On and on he ranted, not in anger but with a sense of frustration and yet inquisitively.
“Everyone is on a journey!” he proclaimed. “You go and watch the movies and they are on a journey. You read a book - they are on a journey. You hear a hit song described by the composer, during an interview, as a journey of both the good and bad experiences of life they have gone through or are going through. Even politicians say the country is in an economic journey with not so good times now, the fault of the previous government’s policies, of course, they will add…but, but they will now take us to the good part of the country’s journey with their better policies. Kids don’t want to know about any journeys. Only parents and adults do journeys. If ever they even bother to think about it, they only ask “Are we there yet?”
“Stop!” Jill interrupted “I’ve had enough. Time-out! I will leave you to mull that one. I will stick to the here and now. The baby’s plenty and at the moment her bottom has just completed a journey and needs a change of nappy” With that she got up and left.
Ashwyn slumped to his chair and stared at the two kids playing monopoly for what seemed an eternity and then, his eyes got brighter and his face more relaxed as a broad smile swept across his face. He suddenly noticed his kids stopped playing and were staring back at him very quizzically.
Matt blurted out, “Want to join our monopoly journey, dad? It is lots of fun!”
“Yeah, you can join the journey to lots of moneys and houses and, and, hotels and, and..er..and, I know, airports! Wow! I like this type of journey. It’s my type of journey,” Rhonda piped in triumphantly.
Matt, however, wasn’t too happy about all these things that Rhonda has been able to name which to him meant she already owns them in the game.
“What about me?” Matt protested, “I want some airports and I like aeroplanes in the airports and lions animals in the parks. Rooaarrr”
Ashwyn came towards the kids and bent down staring them in the face. With eyes wide open, “You kids are fantastic! You have given me a great idea about a journey for the who-o-ole family. I need to go away and start organising for the journey right away! Isn’t that exciting!”
“Oh, Oh! Dad a journey? We’re going on a journey. Can we go camping? Or go to Grandpa and Grandma’s house? Matt shouted.
“What journey, and where are we going, dad? quizzed Rhonda more thoughtfully. She loved the thought of going on a journey but wasn’t quite prepared emotionally for the packing up and cleaning her room. Something they always did before leaving. Bother! I hope it is a fun place. It usually is whenever dad springs a surprise trip away, like when they went to the Theme Parks at the Gold Coast. The joys of that journey brought a hopeful smile across her wary face. She stared up at her dad, waiting for a reply.
“It’s not that kind of a journey, darlings, this is a different kind of journey. A special kind of journey which will take years and years and, we will all-l-l have to help by doing different things at different times.” Ashwyn replied.
“Sometimes, at night and sometimes in the daytime?” Matt checked with a suspiciously screwed up face.
Ashwyn looked up at the ceiling with a serious, thoughtful and screwed up face and then in a flash replied with a serious look. “Yea-a-a-h, of course, Matt, of course! It won’t always be fun, but it will end will lots and lots of fun times, at the end, if we all work together to bring success in this journey. But, I have to go and workout how this journey will begin, what we’ll need, when do we begin and where is our first place to go and how we’ll know we have arrived there.”
“Will there be a MacDonald’s there, dad? Matt interrupted.
“I don’t like Maccas, I prefer Kentucky Fried Chicken because it’s nicer” Rhonda rebuked.
“It’s none of those,” Ashwyn responded bemused at their kids understanding of the word journey.
“I’ll explain it more later when I have the details in my head, OK?”
“OK,” replied Rhonda. “Can Matt and I play our game now?”
“What’s “explain”? Matt asked half quizzically, but lost interest because he was back into the game since it was his turn to shake the dice. He loved the rattling noise and random number that it rolled to.
In the brief encounter with the children, Ashwyn realised three very significant perspectives about words, and the meaning of words in making this journey successful, as a family. Everyone must participate in whatever way and to whatever extent they are able.
They must knowas many of the financial words as possible that are important for the journey’s success. They must have the correct understanding of the words that are relevant for the journey’s success. They must know how to correctly translate these specific words into creative actions to produce the successful journey
Reflecting on his research at the University of Sydney, where he is Lecturer, he had learnt that there is a difference between when the poor and middle-class uses a term such as ‘invest for the long term’ to mean investing in Mutual funds, shares or bonds. On the other, the rich investor does not consider long term in the same way. They focus on the ‘exit strategy’ of any investment as the definition for the length of the term for the investment. When they are sure they can’t achieve the required rate of return, at that point, then they will cash-out or reallocate to a new investment.
Another significant difference between the rich and the poor or middle-class is the use of term ‘diversified’ investments. The poor and middle-class think of it as referring to spreading ones investments in small company shares, large company shares, growth shares, precious metal shares, real estate investment, trusts, etc. To the rich, on the other hand, see this is as a misguided understanding because all these investments are paper investments, so that when the stock market crashes one could lose most of their investments in so-called “diversified investments”. To them diversified investments mean a combination of shares, bonds, precious metals (such as gold, silver, and platinum), regular cash-flow generating real estate, mining, and exploration ventures across different geographical locations, physical markets, and legal jurisdictions.
The big question he had to answer was how to get each member of his family to understand what the words meant, let alone apply it creatively. Fat chance with the baby, he thought dismissively. As for Matt, at 4 years old, he thought, ruefully, scratching his thinning head; I will definitely need some help from Jill and possibly even Rhonda who plays a lot with him. Creativity will be required just to get him to understand anything.
Rhonda at 7 years old could be helped by examples, so would Luke at 11 years old. Although, he has been vague a lot lately, pre-occupied with the latest electronic gadgets, and all the related websites on the Internet. Actually, on second thoughts, Luke, as a computer wunderkind could prove useful in finding useful materials for examples to help us all understand things better.
Bob, now there’s a young man rearing to go like a brumby eager to gallop towards adulthood privileges.
