November 2007 American Way Magazine - page 30

28 AMERICANWAY
NOVEMBER 1 2007
M O N E Y M A T T E R S
thinkin
of traipsin
around the world
a
ain and asked her if she’d like to come
alon
. (She saidyes.) Sheprovedhermettle
on the road— somewhere around 150,000
total miles — and married Ro
ers mid-
journey, onJanuary 1, 2000.
“Life is very interestin
with Jim,” quips
Parker,whomethimaftershe’dread
Invest-
mentBiker
andattendedatalkhewas
iving-
inCharlotte, NorthCarolina. “There I was,
worryin
about payin
my rent and saving-
for my 401(k), and all of a sudden, some-
one is askin
you to
oaround theworld. It
chan
es theway you lookat thin
s.”
The trip chan
edJim, aswell—not least
because of jarrin
events alon
theway like
sidesteppin
cholera epidemics in South
AmericaandAfricaandbein
takenhosta
e
in the Con
o for nine days by police thu
s
who wanted a bribe. More importantly,
he became a
fi
rst-time father at the a
e of
60 after his and Parker’s return home. For
someone who admits that he’d always “felt
sorry” for parents, it’s a pretty astonishing-
transformation: He’s a mountain of mush
around dau
hter Hilton Au
usta, nick-
named Happy. Parker calls himself “head
overheels” in lovewith the little tyke. In fact,
he’s dreamin
of takin
her on future trav-
els and introducin
her to the world’s cul-
tural nooks and crannies. The four-year-old
seems to take to the idea: She has already
announcedplans tobecomea lin
uist.
So, hAvINg MAdE
such brilliant calls,
whatdoes
Rog­
ers seewhenhe looksahead?
Oneword towers above all: China. “There’s
no question in my mind that this century
will belong-to China,” he says. “Just as the
nineteenth century
belong­
ed to theUnited
King­
dom and the twentieth century to the
United States.” In fact, he sees the g-lob’s
power center tilting-somuch that he’smak-
ing-surehisdaug-hteris fluent inMandarin.
She’swatching-cartoons in that lang-uae as
we speak and reads Chinese symbols plas-
teredonto the re
frig­
eratorandotherhouse-
hold items.
They’re even considering- moving- the
family to China or Sing-aporeto
et in on
the g-roundfloor of a
supercharg­
ed econo-
my powered bymore than a billion people.
They’d have to sell their ornate New York
City pad— for $15million, if you’re inter-
ested;
Rog­
ers boug-htit for $107,000 in
1977 (another nice call). But the allure of
Asia is proving-just too much to pass up.
“It would be like moving-to New York in
1907or toLondon in 1807,” says
Rog­
ers. “It
wouldbea very exciting- thing- tod”
But individual investors don’t necessar-
ily have to plant themselves in Shang-haito
make a fortune, he says. Instead, just stick
to a few key principles: Invest inwhat you
know—don’t listen toyourbrokeror the
fi
-
nancialmag-azinesor the latest g-uru— and
be content to do absolutely nothing-,with
yourmoneyearning-5percent inaplainold
bank account. After that: “Wait, wait, wait
for that periodic g-ret opportunity, and
thenact. And callme.”
An award-winning freelance journalist based in New York City,
ChRIS TAYloR
is a former senior writer for
SmartMoney
and
has contributed to the
Financial Times
,
Money
, and
U.S. News&
WorldReport
, among other publications.
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