The young millionaire should think of investment as that is the best way forward moving forward because it is what is going to sustain the money even if the young millionaire is not interested in the same line of business as the father he should look for another type of business where he is familiar with and invest into it because at that age there are allot of temptation among the youths and the tendency to sconder the wealth is there as youths that age will like to party and waste the money involved
No matter where your line of job falls in, investment are key in life. I have known people who didn’t even have businesses and worked a 9-5 but were still interested in investing. You don’t need to be extremely wealthy to look for an investment. If you are however very wealthy, you are put in a more advantageous position as you will have a wider array of choices for your investments since most likely money is and will never be a problem. If you want to make your money grow, pick out a good investment.
Talking about investing in the end not everyone can do it because in some cases especially for those who are in even more difficult conditions and only enough to support themselves in their daily lives it seems that investing is a very difficult thing to do so even though what you say is true but in the end investing is also not as easy as imagined.
But even so we have to take our hats off to those who are indeed in difficult conditions in an economy that is now in bad shape but are still able to invest according to their abilities from the spare money they get every month.
Indeed, when talking about rich it is a relative thing and we only need to do what we can do to achieve our own version of rich and indeed if it can still be done with investment of course it will be a very good thing.