Generational Wealth
We are quite likely just in the early stages of the transition, capital rotation.
If it pans out that one makes multiples of their capital by the end of the run, we have to plan for the next stage. At this moment that sector is unknown.
At these turning points great family businesses are formed or acquired.
If we just turn into a massive consumer event, it’s like lottery winners and it’s all wasted or worse. Without a corporate structure that runs a viable business, all this wealth will vanish in a generation.
With AI, socialism and governments targeting wealth of the middle class, our future prospects may not be known until closer to the next event.
If I was 40, had some kids that were raised right and had entrepreneurial skills, the possibilities would be enormous. The time of decisions is fast approaching.