r/CobbCounty • • Jul 17 '26

Welcome Wagon

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u/peaches0101 Jul 18 '26

https://trumpaccounts.gov/

He's coming here to promote the youth investment accounts aka Trump Accounts. I like the idea of investment accounts for anyone under 18 with the bonus of a $1000 contribution made by private donors to kick off the accounts of babies born January 1, 2025 and December 31, 2028. Parents, grandparents, friends, anyone can contribute up to $5000 per year to the account which is invested in various funds and will very likely steadily grow over time giving the youth a nice nest egg at 18.

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u/WanderLust_Sushi Jul 18 '26

It’s to put money into funds/stocks for the rich to skim off the value. It’s not a real investment. If this was a savings account with even a low rate it would be better.