Wednesday, April 20, 2011

America's wealthy to their kids: Sorry, we're spending it

America's wealthy to their kids: Sorry, we're spending it

It's sometimes said that the children of Baby Boomers will be the first generation to be worse off than their parents. Maybe one reason is because Boomers have other things on their minds... well, at least the rich ones.

Rich Kids Won’t Inherit as Much as They Think

In 2006, I attended a rich-kid investing camp designed to teach tomorrow’s heirs and heiresses how to manage money.

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