And this to me is so exciting that every child, when they're born, will have an investment in them of $1,000 with compounding interest and being part of the stock market. That thousand dollars, if nothing else, that's added $6,000 by 18. If parents, family, non profits, put $5,000 per year in that child, that's $300,000 that they will own themselves at age 18. Now imagine being financial literate, having choice of the direction they want to go in, being smart enough because choice of school and $300,000 to either buy a home, to … (24:46–24:58)
CLAIM
Asserts that additional contributions can grow the account to $300,000 by age 18.
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