Post
Topic
Board Economics
Re: Ensuring generational wealth
by
tsaroz
on 22/07/2025, 16:45:44 UTC
I hear a lot of young people wishing they can build generational wealth for their kids. The kids of their kids and the kids of their kids' kids. But is it really up to us? We can build wealth now and leave all our assets to our kids but how can be sure they can protect the wealth and make it grow even more?

Honestly the best thing we can do is to teach our kids and hope that all the things we got to accomplish for them won't be put into waste. Build your portfolio now. Invest in assets that will be profitable in the long term so you can leave this to your kids.

IMO it's useless to think about earning for generations to come. The money and being rich and poor depends on the person inheriting the wealth. The best we could do is teach our kids the economic lessons we have learned. We won't be there to teach our next generations and if our lessons had been successful ones, the ideas may convey further but it's no entirely on our hand.

The riches accumulated now might not be worth it after 100 years. Inflation would decrease the value of fiat while even something rare as bitcoin might lose its value due to competition or the rapid advancement of quantum computers outpacing bitcoin's security improvements. Gold too could in future be synthesized at will or mined from an asteroid.