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.
To be frank majority that didn't come from families that have or Left a generational wealth might not really want their own generation to have the same experience they had, this is the order of this generation everyone keeps talking about it how their children children will not pass through certain financial changes they did which is very valid and encouraging among this our generation. Surely making this provision for This generational wealth is one thing and ensuring that the up coming generations will place more value to it rather than destroying what has been built is another thing but however, doing all that we can should be the main if the new generation decides to destroy what has built it will already be taken in time of memorial that their great ground father left a fortune histories doesn't have a hidden place.