Implementing Intergenerational Investing
You can't force your children and grandchildren to invest the way you'd wish (unless if a complex trust is involved, perhaps). But you can make sure they understand the concepts of:
♦ Compounding...
♦ Long-term investing; meaning:
>> Having a long-term perspective means investing in:
>>> Great businesses
>>> With strong and durable competitive advantages
>>> And attractive total return potential
♦ Investing in businesses / stocks / equities
♦ Avoiding panic selling
♦ Minimizing fees
Understanding all these points mentioned above makes it more likely that your investments will continue to compound for the benefit of future generations!
link ("Longterm-Investing":
www.capitalgroup.com/institutions