Some ideas for making sure your family is well taken care of for many generations to come
(not financial advice)
-what does that mean to you and your family
-define it, make it a goal. 5, 10, 20 year plans
-mindset in wealth
-grow up poor, or financially challenged
-education for kids
-low cost index fund
-real estate
-own a business, buy existing business
-reduce inheritance tax
-earn money vs make money vs keep money
-estate planning
- life insurance
- will or trust
- stocks that pay dividends
- net worth inner circle, surround yourself with a few people doing slightly better than you. Not too high so it's not realistic
- start a brokerage account and wait
- pay your kids through your business to contribute to their own Roth IRA
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