My son's Trump Account app is boring. Here's why I think other investing apps should take note.

What happened: A parent opened a Trump Account for his son and found the app unusually simple, with the $1,000 automatically placed in $SPYM, State Street's S&P 500 tracking index. Why it matters: The article says the minimal design contrasts with apps criticized for casino-like features, and that the projection screen could mislead less sophisticated investors because the $50 monthly contribution assumption sits below the chart.

A parent opened a Trump Account for his son and found the app unusually simple, with the $1,000 automatically placed in $SPYM, State Street's S&P 500 tracking index.

The article says the minimal design contrasts with apps criticized for casino-like features, and that the projection screen could mislead less sophisticated investors because the $50 monthly contribution assumption sits below the chart.