I’m not saying it’s impossible for someone to invest inherited money, just that on average, the returns aren’t that significant and the money comes too late. I’m sure there are people who’s parents pass way early and they get a lot of money at 25
If we’re talking about an average population, the authors premise doesn’t make sense if you look beyond one generation. It sort of feels like the author is jealous of someone else’s inheritance, and wrote this article to complain about it.
>If we’re talking about an average population, the authors premise doesn’t make sense if you look beyond one generation. It sort of feels like the author is jealous of someone else’s inheritance, and wrote this article to complain about it.
Are you arguing that because the average person only inherits $100k or whatever, rather than the $20M+ required to build "generational wealth", everything's fine?
If we’re talking about an average population, the authors premise doesn’t make sense if you look beyond one generation. It sort of feels like the author is jealous of someone else’s inheritance, and wrote this article to complain about it.