“So, for whom are you investing this aggressively?”
This is the unsettling question an elderly relative asked Jim, a 35-year-old single man when he was discussing his investment portfolio over a cup of porridge upcountry during the holidays.
The elderly man, while in awe of Jim’s success in real estate and the stock market, could not understand why Jim worked so hard amassing wealth when he was all alone; unmarried with no children.
Perhaps it was his way of nudging him to get married – and as it turns out, the motivation to build wealth, for many people, has a strong element of giving oneself the opportunity to leave an inheritance to their heirs. Read More