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Even if you are a millionaire your kid might end up penniless (cf. Great Depression or any number of squandered fortunes throughout history). Even if you are a
by aeontech 8y ago
Even if you are a millionaire your kid might end up penniless (cf. Great Depression or any number of squandered fortunes throughout history).
Even if you are are born in a eastern european village you might survive a world war and end up in a comfortable American middle upper class lifestyle).
You can’t guarantee anything in life, all you can do is do your best for your kid and let them fly as well as they can.
And, agreed about the wealth tax :)
- thisisweirdok 8y agoSure but the Great Depression and squandered fortunes are extreme examples. The median in the US is being completely hammered without any extreme circumstance at play.
- aeontech 8y agoI don’t think we disagree? My point was just that there is no guaranteeing safety and success for your offspring.