For $100 a month your kid will retire a millionaire. Trannies btfo.
>>544000819What will $1,000,000 dollars be worth in 60 years though?Will that even buy a new car?
>>544000949It should. A million dollars split every month across 20 years after you hit 59 is a nice 4k a month annuity if you want.
>>544000819>For $100 a month your kid will retire a millionaire. Trannies btfo.Here's the math, you basically will be able to buy the average new car with a million dollars 60 years from now, if historical trends continue.
>>544001171>a nice 4k a month annuity if you want.You are thinking todays dollars, not the dollars value in 2086 when it will lose an additional 95% of its value, if no hyperinflation event happens.
>>544000819gonna need that money upfront before I listen to you, migger
>>544001171I think you must be retarded. Retarded or a paid shill.
>>544001171>It should.Look at my math here, that's all it will buy >>544001223The average car is 18.2 times as expensive now as it was in 1966.
>>544001171>4k a month annuity>in 2085hahahahahahaahahahaahahaahahaahaha
>>544000819it'll be nothing on account of the rampant inflation were about to receive
>>544000819Google says a Big Mac will cost almost $50 in 50 years.So glad I will be long dead.
>>544001392It's a 401k from birth with compounding interest rates and it tracks the S&P which has historically made an 11% growth over 50 year time spans faggot. No one asked for your canigger opinion either, go play with your MooseBucks.
>>544000819migger
>>544000819Isn't this just doing what Social Security was supposed to be going before the jews still all the money out of it?What's to stop them from stealing this money too? The accounts even have Trump's fucking name on them, one of the biggest thieving jews of all.
>>544000819Read the terms of service, you are giving your money to robinhood and they have heavy restrictions on what the funds can be withdrawn to be used on
>>544001314This reminds me of the time I turned 21 and I was sat down by my parents who told me that my grandmother set aside some money for me and that I’m only to use it for a big event like a wedding or a house payment.It was $847 in a savings account.
>>544001436That's only investing 1200 a year though, you can invest more, up to 5k until age 18.
>>544001549uh oh. melty!
>>544001549You just said it's 4k a month in 2085 you fucking retard. It should be illegal to hire paid shill without disclosure. IT IS in fact against board rules, that's advertising. You can fuck off now.
>>544001575Yeah it's to be withdrawn at age 59 and taxed then. It beats the fuck out of social security, which you don't pay into until you're working age.
>>544001573and they'll do the same. Social security was originally just to pay the WW1 vets. now it's our identification number. you know this Trump account is going to be completed different by 2085
>>544001573>What's to stop them from stealing this money too? The accounts even have Trump's fucking name on them, one of the biggest thieving jews of all.Nothing, all they have to do is Raise capital gains taxes, then people cashing out their million after 59 1/2 are gonna find themselves losing 40% or more of their "gains"
>>544001647401K is a retirement plan name, not the $ amount you fuckin Edmonton Skidplate.
>>544001171Didn't I already pay into Social Security though?
>>544001760No shit you subhuman retard. I'm talking about THIS:>>544001171
>>544001611>you can invest more, up to 5k until age 18.Who's parents are gonna have 5k to fork over to their kids retirement accounts every year.BTW the Government is just counting on the TAX Penalties they are gonna reap when all those kids turn 18 and need a car, or drugs.
>>544001573It's different because Social security took funds out of your paycheck. This is just letting you take advantage of the time value of money for your kids by giving them an early retirement account. It's run by the Treasury. It would take a total collapse for something to go wrong.
>>544001587Don't give up. All we have left to lose are our lives. And who wants to live that way anyway? Imagine for a moment, what would happen if we won?
>>544000819>Trump Accounts FTW! Infinite money glitch>For $100 a month your kid will retire a millionaire. Trannies btfo.>>544001171>It should. A million dollars split every month across 20 years after you hit 59 is a nice 4k a month annuity if you want.>>544001549>It's a 401k from birth with compounding interest rates and it tracks the S&P which has historically made an 11% growth over 50 year time spans faggot. No one asked for your canigger opinion either, go play with your MooseBucks.>>544001611>That's only investing 1200 a year though, you can invest more, up to 5k until age 18.>>544001688>Yeah it's to be withdrawn at age 59 and taxed then. It beats the fuck out of social security, which you don't pay into until you're working age.
>>544001799It's better than nothing, which is what boomers have left ME with. This compounding interest shit was discovered in the 70s.
>>544001863>It's run by the Treasury. It would take a total collapse for something to go wrong.Never say never...
>>544001936We can be heroes.
>>544001948It's a stupid place to put $100 a month. Much better off putting it into an index fund.
>>544001587>It was $847 in a savings account.AHAHAHAAHAAt least you got something, all I got was a pocket knife.
>>544001948>It's better than nothing, which is what boomers have left ME with. This compounding interest shit was discovered in the 70s.The reason they say that the stock market historically makes so much compounding interest based on 50 years is because if they did 100 years the compounding interest would be way less, about half.
>>544002003For yourself as an adult sure. But there were no investing plans for a kid in their name before this so it's good. They can change it over to a normal IRA when they are an adult. It basically is an index fund.
>>544000949• At 2.5% inflation: $1,000,000 will have the buying power of about $222,036.56 in 60 years.• At 3.0% inflation: $1,000,000 will have the buying power of about $169,733.09 in 60 yearsMy friend already had $20M (twenty million) saved for his daughter and she's only in grammar school
>>544001863>It's run by the TreasuryThat's even worse! Those niggers are under the Executive Branch, and therefore prone to whatever shitty decisions the president does out to them, with zero accountability. Might as well be ran out of Mar A Lago under a shell company with an address in the Bahamas.
>>544002121You don't keep it in the kids fucking name. This is giving money to jews to go make real money off it while it gets eaten by inflation. It's theft.
>>544002080I'm just using that number because it's the around how long your kids will have the account until cashing it out.
>>544002141Right now - The U.S. annual inflation rate is 3.4%
>>544000819Every last cent that goes into these accounts is getting stolen
Miggers are so dumb
>>544002170I have my own 401k to make money off jews for myself. They can get their own accounts that I will manage until they are adults.
>>544002141>Spend 60 years to make $100,000I make more than that in one year this isn't exciting.
>>544002142If these federal reserve heebs can print money out of thin air, why can't I use the money glitch to make sure my kids have some?
>>544000819AAAAAAAND ITS GONE.
Doesn't this disproportionately benefit billionaires positioned lower in the stock ponzi?
>>544002141>My friend already had $20M (twenty million) saved for his daughter and she's only in grammar schoolAt least we've gone from I am a rich anon, to I know someone rich anon!
>>544002199>I'm just using that number because it's the around how long your kids will have the account until cashing it out.Ok, and I am just telling you that's why they use 50 years as 'Historical' proof of concept and not its full history.
>>544002287>Every last cent that goes into these accounts is getting stolenYou can guarantee capital gains taxes will be at least 50% in the dumb and brown future America is heading to.
>>544002700>Doesn't this disproportionately benefit billionaires positioned lower in the stock ponzi?Yes, they call it Exit liquidity, like when a shit coin is rug pulled. Then they take that liquidity to go make a new shitcoin/ipo
>>544002287>Every last cent that goes into these accounts is getting stolenyep, everything Trump does is a scam.
In any society on the brink or in the midst of a financial collapse these types of ponzi schemes start to appear out of nowhere. It's a coping mechanism for wagies to keep their hopes up because their regular jobs (ie doing everything they were told to do since childhood) aren't paying enough to cover basic necessities like food and shelter. What's unusual here is that the leader of a country is pushing this stuff on his populace. That should tell you how bad things are.
>>544000949That’s tge point this is all for idiot goyim
>>544003071soon we will live in an AI police state and the top 10% will live in Elysium. This will be the last election, better make it count.
>>544001573>What's to stop them from stealing this money too?Wealth is always taken and stolen here through myriad ways. The entire retirement scam idea is a carrot on a stick to keep goyim slaving for life until their retirement savings can be gambled away on some housing REIT bubbles There is no security here anon, not spiritual, mental, social or monetary. There is no rest, it’s an eternal struggle of survival.
>>544002937Ok, but overall the market has gone up and will continue to, regardless of recessions. That's why FXAIX and chill is a safe strategy that performs better than just letting it sit in a savings account.
Why is it a hundred a month, isn't this just another way to sell a dollar bond
>>544003198How is it a scam? It's your money put into something that has always gone up over time. This isn't some shitty company pension.
>>544003275It's just a amount I chose because it gives you close to a million dollars assuming 7% return.
>>544003402Well, I suppose it's good for america
>>544003310>how is an obvious Ponzi scheme a scamBecause it keeps getting stolen and gambled away by others over and over and over. Meanwhile people in other nations enjoy a measure of stability, predictability and their government behaving in their interests.
>>544003502They said the same thing about social security anon
>>544003310>How is it a scam?its Trump, you fucking idiot.
>>544003220>Ok, but overall the market has gone up and will continue to, regardless of recessions.Not if the USA fails in its war against China, our multinational companies will see their lunch eaten and probably 50 years of a bear market.
>>544000949 your kid will be able to purchase 1 (One) entire load of bread!!!
>>544003644loaf*definitely not an entire load of bread lmao. not with the way jewish hyperinflation is going.
>>544003549But I get it back with a shit load of interest. I don't care what they did with the money in the meantime.
>>544002011To be fair, the $500 or whatever that she set aside in her time actually WAS the entire expense of a wedding or a home down payment, and probably took a long time for her to scrape it together.
>>544002141The most under-appreciated yet established fact in all of economics is the effect on prices caused by a shock to the supply of fiat for use on consumer goods and services. If everyone in America made $1,000,000 in investment returns and could then spent that money on college education, guess how much the cost of education would rise? It would rise exactly $1,000,000. The more you try to create a system where a plurality, majority, or entirety of a consumer base has more cash to spend, the more you increase the likelihood the aggregate basket of goods will increase by an exactly proportional amount. Nevermind that the plan is to further inflate the money supply to sustain these Trump account book values. In every economy, there are winners and there losers. And in every economy, owners win, and those who just own on paper don’t. They just don’t lose as bad. A Trump account is literally nothing more than saving to be slightly less broke than you would’ve been.
>>544003593It just has his name on it. You think he came up with it? When the finance jews say move, he moves. It will be around long after he's dead and gone.
>>544000819>Giving Trump moneyYeah, you will never get a cent back.
>>544003884>Mr Trump ive got a scam to tell you about. Its these kids savings accounts and they wont find out its a scam until 18 years from now.>Ive only got one question, will it hurt my supporters?>Yes.>Wonderful, im in. Those people are so stupid lmao. I hate them so much.
>>544001171
>>544000819>infinite money>the government can use it to invest elsewhere>its taxed as income tax on withdrawalWithdrawing that much is taxed at around 40%. You'd be much better off just investing in real companies instead because at least the stock prices at least attempt to follow inflation and you'd get the benefit of only paying longterm capital gains tax
>>544000819>your kid will retire a millionaireYou idiots deserve everything you get from this.
It's going to be funny when all the kids of libtards are piss broke because they refused to save for their kid because it was called Trump account. "Hey, did you cash out your Trump retirement money?"No, my mom said he was a bigot. Don't know why everyone was bitching about that guy, things are so much worse. "Oh". How much was it? "Umm like a million dollars."Down with Evil Capitalism!!!
>>544006515Piss off biblefag.
>>544000819A million dollars in 2085 will be enough to buy some toilet paper to wipe your ass.
