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Reply to "If your family had generational wealth when did it end?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Some people here are confusing basic generational wealth with “dynasty wealth”.[/quote] Not really. Generational wealth is a recently invented buzzword that means nothing because the range is enormous and includes everything under the sun and imposes a fake binary. Dynastic wealth has historical precedence.[/quote] Generational wealth is not recently invented and you're confusing it because you're thinking it describes a threshold when it actually describes a category of types of transfers. It doesn't impose a binary at all, it's usefulness is a description of a category in which you could divide into any number of levels you want (e.g., reverse generational wealth transfer, no generational wealth transfer, minimal generational wealth transfer, average..., top 10%, top 1%, etc. etc.).[/quote]
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