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Started By
Message
This next generation of American kids are going to be rich
Posted on 7/5/25 at 12:30 pm
Posted on 7/5/25 at 12:30 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. That’s is if their parents don’t screw it up.
Not accounting for inflation, if they left this and never touched it when they’re 70 they would have 1,085,520 in that account according to Grok.
This needs to be talked about more.
This post was edited on 7/5/25 at 12:31 pm
35
Posted on 7/5/25 at 12:32 pm to NashvilleTider
Hopefully that doesnt include illegals babies
Posted on 7/5/25 at 12:34 pm to Honkus
It’s doesn’t - only citizens
Posted on 7/5/25 at 12:34 pm to NashvilleTider
quote:
Not accounting for inflation, if they left this and never touched it when they’re 70
Not the next generation but their grandkids I guess.
Research suggests that, with a 3% annual inflation rate over 70 years, the real value in today’s dollars would be around $105,000.
So anyone who didn’t touch it wouldn’t be able to exactly escape generational poverty.
But a good reminder of the benefit of compounding interest.
This post was edited on 7/5/25 at 1:49 pm
Posted on 7/5/25 at 12:38 pm to RFK
It was just an example - that’s just the $1000 - smart parents will grow that and compound interest from birth is a powerful things.
Posted on 7/5/25 at 12:40 pm to NashvilleTider
Most will take it out and spend it as soon as they can.
Posted on 7/5/25 at 12:40 pm to NashvilleTider
The power of compound interest should be heavily emphasized in middle school. It’s such a powerful tool.
Posted on 7/5/25 at 12:41 pm to NashvilleTider
I asked Grok the following:
quote:This is the answer:
What would be both the gross amount and the inflation adjusted value of $1000 invested in an S&P 500 fund today then using compounding a final value at 70 years from today using historical growth averages for both fund growth and inflation?
quote:Ain't nobody getting rich off of that.
Final Answer
Gross Amount (Nominal Value): $839,373
Inflation-Adjusted Value (Real Value): $115,856
These figures assume historical averages hold over 70 years, which is uncertain due to market volatility and economic changes. For context, $839,373 in nominal terms sounds large, but in 70 years, $115,856 in today’s dollars reflects the reduced purchasing power due to inflation.
Posted on 7/5/25 at 12:42 pm to bogart
quote:
Most will take it out and spend it as soon as they can.
assuming their parents haven't figured out a way to snatch it first
Posted on 7/5/25 at 12:45 pm to NashvilleTider
Wouldn't this just cause more inflation if everyone is a millionaire?
Posted on 7/5/25 at 1:10 pm to NashvilleTider
Whats cool is no matter your party, every parent and kid (once grown up) will know this came from Trump and MAGA. Every time they discuss how they got this money it will be mentioned it came from Trump. Quite a legacy.
Posted on 7/5/25 at 1:13 pm to OU Guy
quote:
Every time they discuss how they got this money it will be mentioned it came from Trump.
It came from the taxpayers doofus.
Posted on 7/5/25 at 1:16 pm to NashvilleTider
If I look into my crystal ball……. I see politicians raiding these funds kinda like they did with the social security?
Posted on 7/5/25 at 1:17 pm to frogtown
quote:
came from the taxpayers doofus.
Well, who made it happen, retard?
Posted on 7/5/25 at 1:18 pm to NashvilleTider
We love socialism in America as long as it's branded properly.
Posted on 7/5/25 at 1:20 pm to frogtown
quote:
It came from the taxpayers doofus.
All gov spending comes from taxes barring some exceptions.
Its how you spend that money (or debt) that matters.
Trump is giving every legal US baby $1,000. Might help baby population (we need more).
I know it chaps your arse (and all lefties), but it will be a great legacy in years to come. And when they grow up they’ll know MAGA thought of them and our future.
Hopefully we grow up another generation of MAGA babies.
Posted on 7/5/25 at 1:21 pm to Barstools
quote:
Well, who made it happen, retard?
Squad member Ayanna Pressley had the same idea five years ago. I bet you clown boys loved it back then.
Posted on 7/5/25 at 1:25 pm to OU Guy
quote:
All gov spending comes from taxes barring some exceptions.
Except these "baby bonds" are a non public good.
When the government provides anything other than "public goods" it is called socialism.
Posted on 7/5/25 at 1:28 pm to NashvilleTider
Oh look, you've stolen wealth from some people by the thread of imprisonment or death, and decided to give it to another person.
You've broken the commandments by not only coveting your neighbors house, but by stealing from it.
You've broken the commandments by not only coveting your neighbors house, but by stealing from it.
Posted on 7/5/25 at 1:29 pm to NashvilleTider
I'm sure there will be businesses like car title loans that will let you borrow against it
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