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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have 25M, but our HHI is not high. The millions came because we were lucky/savvy in the stock market when we were young, and now we're older.

Our kids know how much we have, and they are preparing for careers in case everything goes south. But our goal is to build family wealth and our kids, having lived a relatively frugal lifestyle like us, will try to build on that  for future generations as well.

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Me again. Honestly, I feel your question would be valid if we were talking 100M and above. But with our 25M, I don't think our kids can plan on not working. [/quote]

This is just emblematic of the tendency of people on this board (in the US?) to think it's never enough.  Unless you spend a hefty portion, your kids can live off of the earnings from 25 million.  [/quote]

PP you replied to. No, I know they can't, because we spend our dividends and it's not a lot. That's because we deliberately chose high tech stock for growth, not Dividend Kings that generate large dividends. Our high tech stocks do not generate much in dividends.

And since we want to preserve the capital, and try to keep it at high risk for maximum growth potential, we're not going to sell our Apple and Netflix stocks for Coca-Cola or Hormel, you know. We invested because we believed in the companies we selected and we like high tech. This is what we know. I'll be dammed if I owe my fortune to an unhealthy fizzy drink :-) But I love Apple products and I've been a happy user of Netflix ever since its mail-in DVD service, so I want to own stock in those ventures. Same for Amazon or Alphabet (Google). I only buy stocks from companies that I value and which have made my life easier.

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