There are lots of ways that people try to build generational wealth. Some buy property that they pass down the line when they die. Others buy fine art, gold coins or other high-worth collectibles. But in my opinion, the best way to make long-term wealth is to buy FTSE 100 and FTSE 250 shares.
A quick glance at the long-term returns of these two London share indices shows why. The Footsie has delivered an 8% average annual return since it began in 1984. The FTSE 250, meanwhile, has produced an even better 11% average return since it started up in the early 1990s.
Remember that past performance is no guarantee of future profits. However, an average 9.5% yearly return for the two combined illustrates the potential returns that can be achieved by investing in UK shares.
With this in mind, here is a FTSE 100 share I think help could generate stunning generational returns.
Banking giant
HSBC Holdings (LSE:HSBA) is one…
