Today we're remembering Toby Keith on what would've been his 65th birthday 💔 Watch as he performed some of his hit songs with his good friend Sammy Hagar. We miss you Toby...
I thought the best part of Trump Accounts was the $1,000 for newborns. It wasn’t.
I started out asking one simple question in an X post yesterday.
“Does it even make sense to open one for my 12-year-old?”
Now I’ve actually opened one for Pearl.
Because I finally realized this isn’t really about opening another account.
It’s about giving a child years to learn how money grows.
As I read through hundreds of comments, people kept pointing me toward the Invest America Act,
the S&P 500 index fund,
the SpaceX stock donation from Gwynne Shotwell,
Michael Dell’s pledge,
the QR code that lets family and friends contribute,
the possibility of a future Roth IRA conversion,
and even the conversations around Bitcoin and financial education.
Then it hit me.
Nobody ever taught me how to invest when I was Pearl’s age.
When I was growing up, investing meant reading the newspaper and calling a broker.
Today a 12-year-old can learn about an S&P 500 index fund, Bitcoin, compound growth, and long-term investing from a phone.
That feels like a much bigger opportunity than just opening another account.
If successful people want to help ordinary kids build a future by contributing money to their accounts,
I’m not going to tell them no. 😅
My goal isn’t to raise a millionaire.
My goal is much simpler.
I don’t want Pearl sitting where I am at 50, wondering if she started too late.