2016 Presidential Race Topic

bad_luck
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Posted by bad_luck on 9/3/2015 2:05:00 PM (view original):
Posted by moy23 on 9/3/2015 1:56:00 PM (view original):
Posted by bad_luck on 9/3/2015 1:31:00 PM (view original):
Posted by moy23 on 9/3/2015 1:20:00 PM (view original):
Heck - let's say he put all his money on the S&P 500 index on March 24th, 2000. By October 4th 2002 it would be worth almost 1/2.... (1527 to 800 points in 2 years).... And after 9 years his wealth would be down about 60% by March 6th, 2009 (683 points). Point is the markets are about timing and without a crystal ball one has very little control over what the market does. He does have control over his real estate investments and can generate a nice income from them. Respectable returns while minimizing risk. See?
You're cherry-picking peaks and valleys.

If he had invested in an S&P index fund on random day 2005, he'd be up around 80% today. If he had invested in the same fund on any random day in 1997 he'd be up around 100%.  1995 300%. 1991 500%. 1985 1200%.

The point is that Trump's wealth isn't a sign of business acumen, it's a sign that he started with a lot of money.
The cherry picking is intended... You are playing the hindsight is 20/20 game. If Donald had invested all his money in an index in 1988 he'd have $13 billion today.... Well if Donald invested all his money on the S&P in 2000 he'd have LOST 60% of it by 2009. That's a lot of IFs.... And it all depends on having a crystal ball which is why NOBODY invests everything the have in one market index.

The sign of business acumen is that he grew a company from under 1000 employees to over 22,000 and took a $200 million net worth and turned it into $4 billion despite 2 divorce settlements.
If he had invested all of his money in the S&P Index in 2000, how much would he have today?
You didn't answer this.
9/3/2015 2:42 PM
MikeT23
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stine, if you'd like to redline the last two pages, please do.   Quibbling over whether or not Trump knows how to make money is retarded.   And has nothing to do with his ability to be President.
9/3/2015 2:47 PM
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MikeT23
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Didn't I tell you it was best to ignore him?

9/3/2015 2:53 PM
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bronxcheer
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DUBYA FAILED TWICE IN OIL, IN TEXAS. AND IN BASEBALL

INHERITANCE DOESN'T GUARANTEE SUCCESS.

BUT FOR MOST, IT SURE HELPS
9/3/2015 4:45 PM
MikeT23
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AND CAME BACK TO BE THE BEST PRESIDENT IN THIS CENTURY!!!!!
9/3/2015 4:52 PM
stinenavy
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Admin told me to stop redlining posts.

I don't know what bad luck is trying to accomplish here. He just randomly brings Trump's wealth and insinuates that any moron with millions of dollars can turn it into billions. Which is a stupid notion, as moy has pointed out.

Anyways, none of this relevant to POTUS discussion.
9/3/2015 5:55 PM
bad_luck
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Posted by stinenavy on 9/3/2015 5:55:00 PM (view original):
Admin told me to stop redlining posts.

I don't know what bad luck is trying to accomplish here. He just randomly brings Trump's wealth and insinuates that any moron with millions of dollars can turn it into billions. Which is a stupid notion, as moy has pointed out.

Anyways, none of this relevant to POTUS discussion.
Trump is scoring high in polls in part because people see him as a great and successful businessman.

It's a myth.

He inherited a company and a shitload of money and was not exceptional with it at all.

That's relevant to his campaign.

But, truthfully, in a few months, Trump won't be relevant to the POTUS discussion anymore, so you're right.

9/3/2015 6:10 PM
stinenavy
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9/3/2015 6:19 PM
bad_luck
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"insinuates that any moron with millions of dollars can turn it into billions"


He did it over 30 YEARS!

That's enough time for $100k to turn into $1 million just sitting in a retirement account with no additional deposits. If Trump had just let his $200M sit in an account making 6% a year, he'd have had $1.2 billion in 30 years. If he had invested it in an S&P index fund he'd have over $6 billion after taxes.
9/3/2015 6:53 PM (edited)
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MikeT23
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He's a functional retard.   So there's that.

9/3/2015 9:09 PM
bad_luck
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Posted by moy23 on 9/3/2015 7:33:00 PM (view original):
Trump signed the pledge today to support the Republican nominee.... And BL is still doesn't understand investing for the future.
You mean investing for the future like inheriting a fortune and then spending 30 years getting average returns?
9/4/2015 12:26 AM (edited)
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