Trump Account thoughts

[TheTone]

Maybe I’m just a stick in the mud and wish that supposed tax cut money was going back to the people that actually paid into it or we could pay down some of our national debt. Meanwhile how’s social security looking that generations of Americans have been contributing to?

 

[BigHornRam]

Another factor on these...your kid has access to the money at the age of 18 for whatever they want. Penalties apply but theres nothing you can do if they want it.

Worst case scenario, little Johnny spends it on hookers and blow, when he turns 18. Best case scenario, little Johnny learns about investment and the power of compounded interest at an early age. I think the good out weighs the bad, but that just me.

 

[Nick87]

Worst case scenario, little Johnny spends it on hookers and blow, when he turns 18. Best case scenario, little Johnny learns about investment and the power of compounded interest at an early age. I think the good out weighs the bad, but that just me.

That falls under parenting, the horror.

 

[Charlie Bob]

Worst case scenario, little Johnny spends it on hookers and blow, when he turns 18. Best case scenario, little Johnny learns about investment and the power of compounded interest at an early age. I think the good out weighs the bad, but that just me.

Worst case scenario little Johnny changes his name to Joan and uses the money for transformation.



Hookers and blow sound a lot better now , right ? Just saying….

 

[westbranch]

Worst case scenario, little Johnny spends it on hookers and blow, when he turns 18.

Some of us call that stimulating the economy!