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A comment on US Senator introduces ‘baby bonds’ bill to give newborns a $1K savings account. Parent comment

Re:US Senator introduces ‘baby bonds’ bill to give newborns ... by danielscrubs on Thursday February 04, 2021 @05:45PM (#26030654)
It would make the rich richer. The 501:st company will be less valued than the 500:th that is included in some index. You’d have to counteract that somehow but otherwise not a bad idea.
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Re:US Senator introduces ‘baby bonds’ bill to give newborns ... by rsfern on Thursday February 04, 2021 @10:10PM (#26032616)
This applies to all the traditional retirement accounts invested in index funds as well, so i think your criticism is not specific to this particular program
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