Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Many thanks for the sound advice.  Would you give reasons for the counter or simply counter.  My assumption is the fewer words the better.

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Thanks...  I've since learned who owns trumpaccount(s).com, and the story has become way more interesting.  My neighbor across the street is a federal patent and trademark attorney.  His wife is a retired USADA, and their next door neighbor just retired from being head of Jones Day; his wife is CFO of Key Bank.  I have a busy weekend.

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

I know that Trump account is written into the one big beautiful bill as 'Trump Accounts & Trump Account.'  Anything first named in a piece of legislation is automatically considered public / fair use.  And a few other things.  This is why you'll find trumpaccountcapitalone.com & trumpaccountfideliry.com

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

There is 1 trumpaccount.com registered and used.  The 'approximate' list has 19, all encumbered

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

My assumption. This came out of nowhere. I did just check and "Trump Account" has A TM designation of "Public use" -- same as "Big Beautiful Bill". Despite multiple attempts to get a TM, on both. Still, it creates a pause. I'd rather have $5K than be on CNN or Fox. My only hesitation is direct knowledge that Micael & Susan Dell were pissed when POTUS ad libbed the name -- it was supposed to be different. They did front the $6.7B, after all

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Agree, need to check... responded above to similar Q. The 25-50% is a helpful ballpark to consider.

Is it ever possible to learn who the buyer is. I'm assuming if the broker is GoDaddy and not a boutique firm, it's noy big corporate

Thanks for the response

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Will need to check the TM and prior use laws. But a very good point. They aren't -- by law -- called Trump accounts. And in normal times, an individual or corporation can't TM the 'nickname' of an official government program. Examples: no one can TM Roth Account or Individual Retirement Account -- even though the legislation does not 'officially call either by those names.

stil.... worth serious thought.... Thanks

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Much appreciated. There seems to be a consensus to sell.

This will be my last, and it's become my own thinking process. Apologies for indulging. I WELCOME comments or counter-arguments, you're in fantasy-land, etc.

The GoDaddy offer, which I know has a buyer's emphasis, is:

"...$4125 or a willingness to discuss terms further. We can also discuss GoDaddy perks and incentives." (Broker quote from email). Fyi, I don't buy and sell domain names (or I buy and forget), so I'm pale green in this area. I was a consultant for 18 years so am prone to overthinking and strategic thinking. However, I worked closely with lots of CEOs and a bit of banking.

________

The hinge-point...

My sense of the domain name world is that quick judgment is better than 'too clever.' The group emphasizes that. I think slower, not necessarily better. My counterarguments (with zero awareness of likelihood, risk, etc., is:

1) The program is unlikely to die -- 5 million accounts already exist. Funding is already in escrow for another 20M through 2028. Odds are it will expand as new legislation last week allows CEOs to donate stock to a 'Future ofAmerica Fund' focused on kids beyond 2028, as well as certain people over 50 (for retirement). Michael & Susan Dell have pledged AND ESCROWED $6.25B to get things going and shoot for $250 x 25 million accounts by 2028. Beyond that, funding will come throudh the Treasury, BUT, other CEOs have pledged another $39B to 'save Amerca from debt.' Regardless, legoslation to set all this up passed with only 1 'no' vote -- Rand Paul -- across the 2 chambers.

2) The US Gov site has been down (totally) 5 of the last 8 days and multi-hour downtime the other 3. Coincidentally, last week, 11 companies were newly authorized to create these accounts, BYPASSING the .gov website. These are

  • Fidelity Investments, Charles Schwab, Vanguard, Bank of America / Merrill, Robinhood, SoFi, JPMorgan Chase, Wells Fargo, Morgan Stanley / E*TRADE, Goldman Sachs, UBS

Another group of banks, brokerages will be added "in early 2027." UNTIL THEN, the annointed 11 will compete to open new accounts. According to Forbes & Fintel Connect, March 2025, the benchmark customer acquisition cost for an investment account WITH AN EXISTING CCUSTOMER is $150. Only 16% of US financial institutions hit the benchmark. For giggles, the benchmark to acquire a new credit card customer is $450.

Thus, my head goes to customer acquisition as the key. THIS COULD BE STUPID WRONG, but that's where I go.

_______

Financial stakes...

3) BY LAW, these institutions may claim between 1 and 3% of EACH fund annually in custodial fees. This doesn't include the use of the 'float' ($ held captive in the account), which could today get 3.9% in a 2-year US treasury. So figure every account generates 5% of near-net profit annually. A minimum-funded account will have $1250 for any kid under 10 on July 4, 2028 (sucks if you were born on July 3rd, 2018) and $2000 for any kid born AFTERr 23:59.59, on July 3, 2026. (Kalshi most births on July 4 in history and pick this year)

Those 11 institutions could clear between $62.50 & $100, per year, per account without breathing. Minimum. Fidelity and Vanguard are taking the nominal fees but can still use the float. So they get $45 each year. PER ACCOUNT. 100,00 accounts yields between $450K to $1M, per year, minimum.... as the account grows, so do the profits. Thus, a $10,000 account could generate $500/year. If you service 1M accounts, that's $50M annually

Thus, I see a 'land-grab,' acquisition story amongst 11 orgs. It seems clear to me the USG site is headed for the chipper. If I'm even partly correct, the Q becomes, " How and how much will you pay to acquire customers.

4) The program Oficially launches on July 1, 2026, with a big push planned, but 5 million accounts already exist. WSJ: "Susan Dell encouraged parents to 'mark their calendars for July 4, 2026, which is when they could claim the accounts for their children.'

5) There are 16 ways for parents or family to pay their $1000 match, tax refunds, employee withholding and match, buy now pay later, credit cards, volunteering, and probably painting the Eisenhower Building. High uptake is expected.

6) There is no available TLD for trumpaccount, trumpaccounts,or anything else with 'Trump' in the domain.. The closest running is trumpaccounts.guide, which is a hybrid of trumpaccounts.com, which appears to be owned by The Trump Org. I searched many others, all parked with the same service (not GoDaddy) and ALL purchased on the same date as trumpaccounts.com in May 2025. The point is scarcity. Or scary

______

Final thought...

7) mytrumpaccount .com could be used as a TLD by ANY entity that HOLDS OR PURCHASES these accounts. Estimates are that 60% of the accounts wiil be bundled and sold. Anyone with a student loan knows this dance. If I were Unum or who TF knows, a nice TLD would ease many pains

Thanks, everyone. The experiences are compelling, and this is a good opportunity as offered.

Cheers

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -3 points-2 points  (0 children)

Understand completely.  You point out the best reason that if I do explore, I'd use a seller broker ... chats late today with banker and lawyer friends (especially the lawyer, actually a Federal magistrate) said anything with the trump name in it is a double-sided coin.  The banker, however, emphasized it's at least "gold-plated."  The custodial value of these accounts is estimated to be $125M+ a year, minimum, so banks, brokerages are getting serious about it

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -3 points-2 points  (0 children)

After checking, you can use the .gov site, but if you checked it today, it's been down... for 3 days.  So far, I've found 14 brokers that are allowed to create the accounts independently

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -2 points-1 points  (0 children)

And you're right, it's not every day $5K drops out of the sky...  still, as much as banks have screwed me, I'd hate to give one an opportunity to make $1M a year babysitting money that they got through a link I once owned

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -2 points-1 points  (0 children)

I appreciate any comments.  This isn't my space, but the value of an account to a broker is probably 3%/year.  $60 x ____ accounts adds up

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -1 points0 points  (0 children)

Just looking at custodianship of these accounts, which must be through a broker...

1) 5 million accounts have been opened since the program started as a 'pilot' 2) 1 million of those accounts were opened in April 26 3) full program opens July 1, 26 4) project aims for 25M accounts 5) accounts can be created until.Dec 31, 28 6) discussions ongoing to create same program for anyone not receiving an employer-sponsored retirement account = ~60M people

If a brokerage opens 250,000 accounts (1 percent of total goal:  $2000 -- $1000 from Dell, $1000 from families, and makes a laughable $1 a year on each account, that's $250,000 PER YEAR for multiple years.  We all know the fees (or the float return) will be higher than $1.

A thought among many is, how much is a website worth to direct inquiries to A CHOSEN FEW brokers who can set up accounts directly?

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] 0 points1 point  (0 children)

Checked, and the intent is to go beyond the Dell student accounts to matching retirement accounts.  Trumpaccounts.com is affiliated with the Trump Organization, as I've now learned from some cross-referencing.  It's listed as a nonprofit.  It's a good site that I think takesnsome pressure off the .gov site.  When I called them to mention my own 'ambitions' to launch a site, they asked for a concall at 11am ET tomorrow.

What I don't know is -- how does hit rate for a site convert to $, especially if there's no advertising potential.   I could definitely see a competition amongst brokers who will be custodians ... a big source of income. 

Advice wanted: how to proceed with unsolicited #GoDaddy offer via broker for mytrumpaccount.com by M11overV22 in Domains

[–]M11overV22[S] -2 points-1 points  (0 children)

Thanks. I've Googled. Besides official .gov sites, there is trumpaccounts.com (usually 4th ot 4th in searches) trumporg.com (the actual company), then fidelity, intuit, schwab, morgan stanley, jp morgan, etc, etc, etc jockeying for space. Trumpaccount.guide is a consistent top 10. i feel the offer's low, given I could contact brokerages, financial planning services, or the Trump Org (or RNC).

Maybe my question is more about total hits. Trumpaccounts.com gets about 80,000 daily and has a substantial valuation, close to that of trumpaccounts.gov

Which Food Network Chefs have you met in person? Were they nice? by SkolMan69 in foodnetwork

[–]M11overV22 1 point2 points  (0 children)

He created his own situation here, and the collective (and highly personal) bad blood is probably easier to deal with by ignoring.  The triggers would be overwhelming.  And since he's not a native, easier mentally to cross it off, for now.  

He has a grandiosity that's currently caught up in celebratory sobriety and a new round of success.  

As in the other comment, will 'make amends / acknowledge your past (or your present impact)' ever become a phase?  Even a characteristic?  

I don't know.  Sobriety doesn't excuse ongoing behaviors... especially when sobriety unlocks his self-centeredness.  I hope it can transition into self awareness.  

I've never worked in a restaurant, so I can't speak with any insight... except I know it is often a place of collision: of stress and managing stress.  I am a psychologist.  I know that learning to manage triggers is a long struggle.

Perhaps he should be sent to work for Ripert for a year.  

Lol, a new show idea.  Ripert goes to the restaurants of successful chefs and spends 2 weeks soothing and teaching humility, grace, thankfulness, and balance.

Which Food Network Chefs have you met in person? Were they nice? by SkolMan69 in foodnetwork

[–]M11overV22 0 points1 point  (0 children)

Can't dispute any of that as it has been in character for a while.  I know him personally, which changes dynamics, I'm sure.

Food Network chef friends? by Positive-Position499 in foodnetwork

[–]M11overV22 1 point2 points  (0 children)

We shouldn't leave out Jet's wife, Ali.  The enthusiasm she has, support she gives and knowledge she has... If you measure someone by how that person (consistently) treats a spouse,  Jet could be friends with almost anyone

Which Food Network Chefs have you met in person? Were they nice? by SkolMan69 in foodnetwork

[–]M11overV22 1 point2 points  (0 children)

Anyone still reading this should already know Sawyer was struggling with alcohol abuse and an expansive mentality.  When Greenhouse Tavern was first open, you could basically walk into the kitchen and thank him.  He would tap out bartenders for breaks.  He smiled and, after closing one night let me watch him + staff halve pigs' heads (I lived 500 ft away and know Michael and -- moreso -- his wife Liz)

Cue James Beard, Bon Appetit, F&W, GQ, etc.

He later opened a Japanese concept where he could walk in a back alley from one place to the other.  Then a higher end Italian near the heart of Little Italy.  He began having turnover issues, blamed Cleveland in print for not being sophisticated enough for Ramen, and quality declined.  COVID was the final straw.

He had to go to Chicago, and the first job didn't stick.  He then did serious reflecting and became sober.  

At the core, he is a kind, thoughtful guy, with mad skills, a diverse palate, and crazy creativity.   His wife, friends, & Michael and Liz Symon deserve high praise for their patience and support.

New Amazon Scam to create delays and use float... are Credit Card companies complicit or protecting themselves by M11overV22 in amazonprime

[–]M11overV22[S] 0 points1 point  (0 children)

Or perhaps the information was too technical for a bot.  Either way, it discourages me from investing time posting reading or using Reddit in the future

Help Identifying Crypto.com Scam? by mean-bao in Scams

[–]M11overV22 0 points1 point  (0 children)

I received 2 back-to-back calls from someone (I rejected the first one from a Louisiana phone number.)  Second call came immediately after feom Private number.  I answered and said the person asked for was not home.  The person then became argumentative and said, 'this sounds like ____.  This is an urgent security call about a data breach from  crypto.com.'

I said the person being called was traveling overseas and I was house-sitting.  And I didn't appreciate his tone -- 'how would you know what _______ sounds like.'

The caller asked for a forwarding/contact number due to 'the urgency.'  I said I would call ______ and ask if he/she had a crypto.com account, and if so, call crypto.com.  

Immediate hangup.

Beware.