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Posted on 12/3/25 at 5:25 am to forkedintheroad
Load of more wasted of billions in money to prop up the billionaires stock prices and Wall Street
Posted on 12/3/25 at 5:45 am to hawgfaninc
Unfortunately it will be misused like every single thing and opportunity given to humans.
We are our worst enemy
We are our worst enemy
Posted on 12/3/25 at 5:54 am to hawgfaninc
I wish the government would simplify ways for average folks to save tax-deferred or with other advantages, but instead we get a hodge-podge of various accounts and programs that can be so complex that the average person misses out.
But if we must hodge-podge, this is an admirable program that could really help kids get a leg up financially.
Example: I threw $5,000 in a Fidelity Blue Chip Growth index fund in the mid-90s and have never touched it since. The current balance is over $100,000. If parents fund these accounts in reasonable amounts, and the long-term market is at the historical averages, the kids could accumulate a very nice bankroll if they don't yank it all out at 18 and blow it.
But if we must hodge-podge, this is an admirable program that could really help kids get a leg up financially.
Example: I threw $5,000 in a Fidelity Blue Chip Growth index fund in the mid-90s and have never touched it since. The current balance is over $100,000. If parents fund these accounts in reasonable amounts, and the long-term market is at the historical averages, the kids could accumulate a very nice bankroll if they don't yank it all out at 18 and blow it.
Posted on 12/3/25 at 6:03 am to hawgfaninc
In 18 years democrat voter rolls will swell.
All the single mothers seeing the dollar signs that they will be able to take from their kids.
Let’s be honest. Young professionals are not choosing to have a baby because of $1,250.
All the single mothers seeing the dollar signs that they will be able to take from their kids.
Let’s be honest. Young professionals are not choosing to have a baby because of $1,250.
Posted on 12/3/25 at 7:16 am to Clyde Tipton
quote:
So, it's an IRA that gives you the first $1250 free? I'm pro Trump, but this doesn't seem like some new idea. Just a new name on something that is already available to the public.
Except you can only contribute up to your yearly salary to an IRA, so unless a 2 yr old is making bank at $5K/yr, they could not contribute to a tax deferred fund. This is actually pretty novel.
Posted on 12/5/25 at 6:41 am to jizzle6609
Everyone should set their investing calendars for 18 years from January 2026.
Stocks should start rising then once these 18-21 year olds get access to this cash which will go right back into the economy for the investors to profit from.
Stocks should start rising then once these 18-21 year olds get access to this cash which will go right back into the economy for the investors to profit from.
Posted on 12/5/25 at 6:42 am to hawgfaninc
People will only read the first sentence not realizing the stones and discipline I takes to max these out yearly without touching.
It is RARE men who can do this. RARE. I've been in finance my entire life.
It is RARE men who can do this. RARE. I've been in finance my entire life.
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