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Reply to "Want to build generational wealth, share with me business ideas! "
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[quote=Anonymous]Learn about investing in the stock market. Then invest consistently and patiently. I would focus on value investing in great companies. I’ve had a greater rate of return doing than the Boglehead approach of all index funds. Another option is real estate investing - buying a property and renting it out and managing it. We don’t do that because it’s too much work. Finally, how are you planning to pay for your kids’ educations? That’s incredibly expensive. Have a plan there. You will have to save money for them and the earlier, the better so that it can accumulate interest and grow. Consider what path you want them to take and consider less expensive schools, college, financial aid, etc. [/quote]
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