Chris’ note: My friend and colleague Tom Dyson has a history of going “all in” on winning trades. Gold went up almost 500% after he put his entire life savings in the metal in the early 2000s. And he netted a $500,000 profit after he invested in bitcoin in 2011.
Now, he’s going “all in” on gold again. He’s made a nearly $1 million bet involving gold that he believes will set him and his family up for life. He’ll explain in detail why in a special briefing on Wednesday. Reserve your spot to attend here.
But Tom isn’t just about big-picture investment ideas. He recently went all in on something completely different – a round-the-world trip with his family. As he shares below, it’s changed his life… and his idea of fatherhood… in a way he never imagined…
I used to dread Friday afternoons. That’s when my ex-wife, Kate, would drop off the kids at my apartment for their scheduled weekend with Dad.
Once I had them, I’d watch the clock the whole weekend until I could get rid of them again on Monday morning. If I returned them to Kate without anyone getting hurt, I considered the weekend a success.
I’d give them each an iPad on Friday night. They’d have unlimited screen time in my apartment until Monday morning.
I’m not proud to say this, but I was a babysitter, not a father.
It wasn’t any different when Kate and I were married. I was so stressed about work, I was never mentally present. Even on the weekends, when I didn’t have work, I’d be in my own little world, either fiddling with my phone or watching television while Kate played with the kids.
“Having kids was supposed to be the greatest joy in life,” I thought. “So why does it feel like such a chore?”
I now realize I had no connection with my children. No wonder I felt like a babysitter…
Fast-forward two years. Now, we get up together. We eat together. We brush our teeth together. We play together. We travel together. We sleep together. We’ve done tourist stuff together, and we’ve shared A LOT of cramped hotel rooms together. We spend ALL our time together.
Most importantly, when we’re on the road, there is no work stress or any other drama going on in the background. Just day after day of fun and adventure. “The Endless Vacation,” we call it.
Here we are in Egypt, with the Sphinx behind us…
And here we are walking around Xi’an, China (we stayed in an army barracks that’s over 1,000 years old)…
At first, we found it exhausting to be in such close proximity. I wasn’t used to it. I don’t think any of us were. There was a brief adjustment period.
Then one day, I noticed we were laughing almost the whole time. We were playing together. We were telling jokes. And stories. The kids were making fun of Dad. We were playing card games. We were even having long conversations about economics!
I realized this was how fatherhood should be!
As the trip went on, I started to notice little things about the kids I’d never noticed before… and I started to see how different they were from each other. I don’t think this would have been possible without living every day for an entire year in each other’s pockets.
The challenge of traveling around the world brought us together, too. We had to pull together… and look out for each other… and encourage each other… on the long journey through sometimes challenging places like India and Rwanda.
We were like a little wolf pack, or a pioneer family on the frontier 200 years ago… all for one and one for all.
I’ve never been on a successful football team or anything like that, but now I can imagine what the camaraderie feels like. Except I got to experience it with my own children.
Here we are in India…
I read a blog post recently titled “The Tail End.” The writer looked at the total number of days he will get to spend in person with his parents over his lifetime, assuming he continues to see them about five times a year and both his parents survive into his sixties.
“It turns out that when I graduated from high school, I had already used up 93% of my in-person parent time,” he says. “I’m now enjoying the last 5% of that time.”
This insight made me sad.
First, I thought of my own parents. Even before this lockdown started, I’d see them fewer than five times a year. Usually about twice a year. They’re getting older now, and both of them have Parkinson’s disease. I’m probably into the last 2% of the total time I’ll get to spend with my parents.
Then I thought of my kids. I may have only 10 more good years of them “living under my roof,” seeing them every day. After that, they’ll leave home, and I’ll probably see them a lot less. As the blog writer points out above, I will have used up something like 90% of our time together by then.
The bottom line is, I have a lot less time to enjoy my kids than I realized. Can’t waste it anymore.
That’s the thing about our trip. It’s been a great adventure. When we explore new places, the kids get a great education.
But the real magic is in how it has transformed the relationships we have with each other and brought us all together.
“We meet people everywhere we go,” I told someone when we were in China. “But for us, this trip was never about meeting other people. It was about meeting each other.”
And that’s why – no matter what happens next in life for us – I know I’ll never regret the decision to take this family sabbatical.
Regards,
Tom Dyson
Editor, Postcards From the Fringe
P.S. My “endless vacation” with my family isn’t the only great decision I’ve made. Twice in my life so far, I’ve come out on the right side of going “all in” on seemingly unlikely investments. And right now, I’m doing it again. I’ve put nearly $1 million of my own money into this strategy.
Want to find out more? On Wednesday at 8 p.m. ET, I’m sharing all the details in an urgent briefing. Click here to secure your spot.