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Fortune·1 min read·easy

A Trump Account could make your kid a millionaire—but financial experts warn of a catch - Fortune

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Sydney Lake
A Trump Account could make your kid a millionaire—but financial experts warn of a catch - Fortune
AI Summary

Financial experts are warning consumers about the potential risks associated with the 'Trump Accounts' app, which promises significant long-term investment returns. The article suggests that the marketing claims may be misleading or overly optimistic.

If youve opened the Trump Accounts app, the pitch for investing is hard to resist. Enter a $250-a-year contribution, and the app shows the user would have $19,000 by age 18 or a whopping $878,000 by …

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A Trump Account could make your kid a millionaire—but financial experts warn of a catch - Fortune — Headlinne — headlinne