I met my dad's advisor yesterday for my RRSP. My dad didn't give me a clear explanation about what he's planning to do with it. He told me that it will help me save on taxes.
When I first met my dad's advisor,he was really nice with me. From the beginning till the end,I kept my distance from him because I have established a good relationship with my current one for a year already. He asked me which school I go to and which program and surprisely, it was the same school that he went to. He also asked me which field I'll go to. I replied back in a calm voice : Finance. His reaction was priceless. He stopped smilling for a moment.
During our little conversation, he didn't give me a broad explanation on what he will do and such, he just randomly put high risk for me. I sense that he had talked this over with my dad. Another thing weird about him is that I could sense he lacks confidence. Maybe because it's the fact that I'm his future competitor and I won't get tricked that easily. Maybe...
After our little conversation with his advisor, my dad knows what I want to do. I think he understands me more and he would have no choice but to explain to me or advoid my questions at all cost. Like this morning, I asked him what he wants to do with my RRSP. He said that it's for my tax. I asked him why he puts his money in then and he said that he will take care of it so I shouldn't worry. Why shouldn't I be worry when it's under my name? I have the right to know what he is doing in my account because it is also my future that he is messing with. *sigh* I can't wait to study Finance more deeply so I can take care of my account.
I'm sick and tired of people hiding me things that concern me. I will not let my dad's advisor nor he mess around with my account. My dad knows that one day, I will be better than him in money. Somehow, I felt like my dad's feel threaten in some ways. He is relucted in answering my questions.
Meeting my dad's advisor
October 2nd, 2007 at 07:56 am
October 2nd, 2007 at 12:43 pm
From things you have said over time in your blog and on the forums, I have reckoned that you are sometimes caught in a little culture clash within your own family. That has got to be tough sometimes. It is more than generational clash.
You know, I have a friend who came straight from China and her family (& husband's family) back home had certain expectations of them. When they came for a visit, at least one of the parents decided things were entirely different for his daughter in the USA than he had thought and he trusted her to figure it all out better than he could from a distance. He drastically changed his expectations of her and even managed to swallow his pride on an issue that would have been a tremendous matter of face back in China. It was something hard for my friend, too, because she was largely formed in that same point of view herself.But she resolved that, to succeed, there were just some things that she would have to do very differently in USA than in China.
Now in your case, you have a Dad here who has been successful and raised his kids here (Canada), so I'm sure he has a grasp on a lot of matters that my friend's dad has no idea about. He probably figures he knows quite well enough to guide you. And I imagine he does, at least on the majority of issues. Most parents are aware of a number of things that their children are not and have skills there children don't even recognize. However, it goes both ways. Your world is slightly different than his. Even at your young age, I think you have skills that he does not. I hope you can successfully and lovingly find your way to the kind of self-determination you seem to want.
Sometimes parents can forget their kids are grown up, know a lot, and can make good decisions.
October 2nd, 2007 at 08:24 pm