BREAKING: Trump just rang the NYSE and Nasdaq opening bells together — from the Oval Office. Historic first. Neither exchange had ever done this from the White House before. 🔔
And he launched Trump Accounts — tax-advantaged investment accounts for every American kid under 18.
Bessent's pitch: "A single $1,000 deposit into a Trump Account at birth should grow to an estimated amount of at least half a million dollars by the age of retirement."
That's assuming historical market growth rates hold for the next 65 years.
Here's how it works:
Kids born 2025-2028 get an automatic $1,000 seed deposit. Government funded.
Parents, friends, employers can add up to $5,000 a year.
Funds auto-invest in S&P 500-tracking index funds.
Over 6,000,000 accounts already opened. 86% from families earning under $200,000.
Goldman Sachs, JPMorgan, BlackRock, Robinhood among 50+ companies matching contributions.
Trump's framing: "Children can, at 18, become very wealthy people."
38% of American families currently have zero equity market exposure, per Bessent. This is designed to close that gap from birth.
The $500,000 number? That assumes six and a half decades of uninterrupted market growth. Big promise. Very long timeline. But if it sticks, it's a generational wealth play baked into policy.
This isn't just politics — it's a mass onboarding into equities. And if crypto gets a similar treatment down the line, we're talking about a whole new generation raised with skin in the game. 🚀
And he launched Trump Accounts — tax-advantaged investment accounts for every American kid under 18.
Bessent's pitch: "A single $1,000 deposit into a Trump Account at birth should grow to an estimated amount of at least half a million dollars by the age of retirement."
That's assuming historical market growth rates hold for the next 65 years.
Here's how it works:
Kids born 2025-2028 get an automatic $1,000 seed deposit. Government funded.
Parents, friends, employers can add up to $5,000 a year.
Funds auto-invest in S&P 500-tracking index funds.
Over 6,000,000 accounts already opened. 86% from families earning under $200,000.
Goldman Sachs, JPMorgan, BlackRock, Robinhood among 50+ companies matching contributions.
Trump's framing: "Children can, at 18, become very wealthy people."
38% of American families currently have zero equity market exposure, per Bessent. This is designed to close that gap from birth.
The $500,000 number? That assumes six and a half decades of uninterrupted market growth. Big promise. Very long timeline. But if it sticks, it's a generational wealth play baked into policy.
This isn't just politics — it's a mass onboarding into equities. And if crypto gets a similar treatment down the line, we're talking about a whole new generation raised with skin in the game. 🚀