I opened up a Trump account for each child of mine. They are older and no $1,000 seed money, but maybe will get others. I do plan on doing the Roth Conversion for each kid once they are 21-23 years of age before their career takes off and when kiddie tax doesn’t apply.
It’s essentially a Roth IRA. Money goes in after tax. Do a conversion or two and bam, you have funded Roth IRAs for kids and essentially zero to little income tax on conversion.
Investment wise, you are getting the S&P 500. Would I prefer NVDA, sure. But S&P 500 good enough and simple.
I’d also add, no other investment accounts are this easy for family members to contribute too. Little Johnny’s birthday, text the link to family and anyone can contribute. Why get $100 worth of toys when they can get a $50 toy and $50 S&P 500 fund of the best companies in the world?
Took me all of 10 minutes to open and fund start to finish. No investment decisions to be made either which is good. Set it and forget it! Less is more for many.
Offer CJ Stroud a fair extension. 3 year $120 million guaranteed. BIG incentives for AFC Champship appearance and Super Bowl! Not a mega record setting deal but more team friendly. Showing we believe in ya, he’s set for life and Texans are not royally screwed if he shits the bed.
@TheChiefNerd The fact the media and some players are making a big deal about a starting quarterback of an NFL team introducing the POTUS, and people getting upset, tells you how messed up our country is politically.
🚨 WOW! Rep. Wesley Hunt just made the Democrats SPEECHLESS after dropping straight truth nukes
"My own father, who grew up in a segregated South, had to walk around to the back of a restaurant just to order a sandwich because of the color of his skin."
"THAT was Jim Crow, and THAT is precisely why it is so offensive to compare that era of legalized discrimination and racial terror to showing a PHOTO ID in a voting booth!"
"And it's just as offensive when groups and organizations like these manufacture faux hate and racial tension, requiring identification of vote."
"It's not oppression. It is not segregation. It is not racism."
"It is a basic standard that applies equally to every single American citizen, regardless of what you look like. You need an ID to board a plane. You need an ID to cash a check."
"You need an ID to buy alcohol. You need an ID to enter these very federal buildings. And by the way, attaining an ID in this country is an extremely low bar."
"But somehow showing an ID to vote in America is now considered to be Jim Crow 2.0. This is NOT about civil rights. This is about political theater. And the Democrat Party survives on manufacturing grievance."
🫳🏻🎤
@JeremyBranham We had the 31st oline in the league and just secured essentially our starting Center who was 2x all ACC. Yeah we went down 20 picks in the 3rd, but a 5th rd on this team may not even make it. They got “their guy”
@DrRitaDed Why should your heart surgeon spend $400k in education and 12 years of their life to save your life when they can only make $180k to do one of the most highly skilled jobs in the world? Good luck with that surgery!
Take a look at the JP Morgan “Guide to the markets”monthly piece. If I had it handy I’d share with you. Long story short, when consumer sentiment on S&P 500 is low (we’re at historical lows today) the market rallies 24% a year later. I’d mention, we were in this exact SAME position this time last year when people thought the world was going to end with tariffs. Markets rallied! End of the day it boils downs to earnings. Companies are reporting double digit earnings. Take it for what ya want!
Jimmy Kimmel: "Before he was elected to the Senate, Markwayne Mullin was plumber. That's right. We have a plumber protecting us from terrorism now."
The elitism of Hollywood summarized in one moment. 👇
@bluechipdaily When looking at these moving day averages, what are maybe 1-3 rules of thumb you follow when looking for signals to buy? Keep up the great work! Premium subscriber here and newly CIEN holder as well.
@BenVerlander That’s awesome. But am I the only one wondering what his next pitch looked like? I’d imagine it would be hard to focus after getting told that news.