Building Generational Wealth with Intentionality

The Jamaica Stock Exchange & You

Passing on any kind of asset from families down to their children or grandchildren, whether in the form of cash, investment funds, stocks and bonds, properties or even entire companies, that's generational wealth. Sounds easy right? Why then are there seemingly perpetual cycles of poverty amongst some families while others continue to thrive generation after generation? We've invited Able-Don Foote, Principal Attorney-at-law of the Able Attorneys law firm and Founder of Astronomical Holdings Limited, a private investment vehicle, to talk about generational wealth.

Some of what we looked at were:

• Wealth building strategies
• decision to acquire just about 1% of pharmacy company Fontana Limited, worth about $100 million
• Able-Don amongst the top 10 owners of another listed company, Express Catering Limited.
• How to attain generational wealth? How is it created?

And lots more.

Connect with Able-Don Foote:

Instagram: https://www.instagram.com/1abledon/

Thanks for listening to The Jamaica Stock Exchange & You, a podcast of the Jamaica Stock Exchange with your host, Heneka Watkis-Porter!

Send us your feedback at [e-mail] or on social media @jamstockex. In the meantime, follow this podcast on your favourite podcast app. The Jamaica Stock Exchange & You is produced by Heneka Watkis-Porter of The Entrepreneurial You podcast and now TV show aired on Business TV, you can find out more at henekawatkisporter.com to hear leadership and entrepreneurship lessons from guests like Zachary Harding, Les Brown, Richard Branson, Marcia Forbes, Seth Godin and more. I am also on social media at Heneka Watkis-Porter. That’s all for now, see you next week! Remember, as Warren Buffet says, "Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.”