Let's see how you can build generational wealth! (Real & Practical)
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In this Alux.com video we will be answering the following questions:
How to build generational wealth?
What is generational wealth?
How to become generationally wealthy?
How to build multi-generational wealth?
How to create wealth that lasts multiple generations?
How does one create multiple-generation wealth?
How to make sure your kids are rich?
How to create wealth for your grandkids?
What is the best generational wealth documentary?
What is the best generational wealth motivational video?
00:00 - Intro
00:52 - Buy Land
02:12 - Buy Cash-flowing Property
03:30 - Build an Evergreen Business
05:34 - Buy S&P 500
07:55 - Buy. Borrow. Die.
10:35 - Buy & Hold Bitcoin
13:57 - Buy & Hold Gold, Silver and Gemstones
15:43 - Buy & Hold Art or other things people would pay for
16:47 - Never stop earning & Minimize taxes
18:58 - You perpetually compound wealth and knowledge
21:19 - Marry well
22:42 - Mentor your kids to takeover the business or build bigger than you did
23:58 - Set up a trust
24:53 - Allow children to only withdraw no more than 5% per year out of the trust
25:46 - Write a Will
27:21 - Question
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