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Old January 9th, 2018, 04:49 PM   #11
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Well, this thread didn’t go the way the OP expected.
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Old January 9th, 2018, 05:23 PM   #12
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Originally Posted by tristanrobin View Post
By his own account, in 1976, when Trump was starting his career, he was worth about $200 million, much of it from his father.

Today he says hes worth some $8 billion.

If hed just put the original $200 million into an index fund and reinvested the dividends, hed be worth $12 billion today.

His brilliant business savvy has lost him 4 billion dollars net.
Watch This Amazing Clip From Chuck Todd Showing How Clueless Trump Really Is
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Old January 9th, 2018, 05:59 PM   #13
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Is that the best you can come up with? A difference of opinion? Trump has always included border security in any DACA discussion, so he clearly considers a clean bill to include that. That was cleared up in a hurry, but nobody expects the hack Chuck Todd to catch on. What a moron.
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Old January 10th, 2018, 04:47 PM   #14
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I believe that Fred Trump loaned his son about $1 million to do his start-up...which JR parleyed into about $3billion....

Now do the math...put into perspective.....a loan of $1,000,000 becomes $3,000,000,000....so my pappy loaned me $1,000 and I turned it into $3,000,000 ($3 million)....that would make one smart son-of-a-bitch.....
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Old January 10th, 2018, 05:55 PM   #15
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Originally Posted by tristanrobin View Post
yes, if you borrow 200 million and invest it. that's right.
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What the heck are you talking about? You realy think if I borrowed 200 million and then made payments on it while getting a similar return on an indexed fund would net me... nothing.
Somebody forgot the interest rates during the seventies and eighties. Any idiot borrowing $200 million to invest in the index fund would have gone bankrupt trying to pay it back.

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Where is your link to this drivel?
Who cares? There are a bunch of these articles floating around out there parroting each other. I think this is at least the third time it has been brought up here.

That scenario can only work if Trump lived like a homeless hermit, never spent a nickel, never sold any of the funds and never paid taxes while at the time were able to reinvest ever penny back into the funds, and somehow managed avoid the high interest rates on that mythical $200 million loan. The guys writing this type of TDS tripe are too stupid to be given an attention.
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