[quote=flyer]
Since you asked, personally, we attribute the genesis of whatever successes we have achieved to our parents and grandparents. They were/are very smart, savvy people, and they planted the seeds from which most things in our lives have grown.
They gave us a strong foundation, but it was all up to us to make it or break it from there. As was mentioned, some squander these type of opportunities, but we have tried not to make those type of mistakes, and our kids have followed suit.[/quote]This confirms my belief that wealth takes generations to build. Unless you’re lucky and hit a “lottery” (genetic, state, IPO, etc), a lot of time, it just takes a lot of time, a lot of little luck (being in the right place at the right time and have the guts to take advantage of the situation), frugality, etc. As I said, the first $1M is the hardest to get, so if you get to pass on to your next generation that $1M, then they have the hardest part cleared for them.
