Summary
- There’s a real chance that newborn children in the US will begin receiving $1,000 in an investment account at birth if President Trump’s budget bill passes Congress in the months ahead.
- 1,000 invested in the S&P fifty years ago and not touched would be worth nearly $350,000 today.
- Because of the Dot Com bubble and burst of the late 1990s and early 2000s and the Financial Crisis of the late 2000s, people born in various months during this period would have quite different account values right now.
Richard Drury
There’s a real chance that newborn children in the US will begin receiving $1,000 in an investment account at birth if President Trump’s budget bill passes Congress in the months ahead. CEOs of some major public companies are actually
