You are asking the wrong question.Given I had a good 20 years before passing I was thinking how to parlay this into true generational wealth. The simple way would be to invest it in high growth funds. But
I was interested in other suggestions/ideas that will get a bigger return at a bigger risk of course.
As long as you do not invest in anything reckless any halfway reasonable diversified portfolio should do just fine when your investing time frame is for 50 to 100 years or even longer.
The big hurdle to generational wealth is getting your estate planning set up right and then periodically updating it as the laws change. I have never really looked into it but in prior threads it sounds there are some laws, especially at the state level, which were set up specifically to limit generational wealth.
Meet with a good estate planning lawyer.
Statistics: Posted by Watty — Wed Feb 12, 2025 11:40 pm — Replies 9 — Views 1096