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.
I find your words very valuable and acceptable. As parents, we should raise our children to be human beings. Because if they are human beings, they will be able to protect the wealth of their ancestors and will also be able to do good things in the future. If they are not properly raised, if they do not understand the value of money, or cannot take responsibility, then even if they build up a mountain of money, they will easily lose it.
However, in addition to raising their children, it is good to leave such money for them so that they do not have to seek help from others in case of any danger.