This is the second conversation with my mate, Carel Nolte, where we talk about the future of investing, specifically about the ways in which we can build intergenerational wealth. The so-called "American Dream" from a century ago was that if you worked hard, your children could live a better life than you did. This dream should be the mantra in Africa for the next few decades, and it involves thinking differently about what we do with our money, the land, employment and investments.
There are no simple solutions here, but these are the right conversations, and Carel brings some wisdom from what his team at Easy Equities are seeing as ordinary South Africans build wealth and a future. Carel and I also savour a fantastic Cape Blend from Idiom wines, that helps us prove the point about leaving an investment to grow better over time.
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