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Donald Trump would have been twice as rich

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PraveenP   Sunday, 07/19/15 11:02:42 AM
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Donald Trump would have been twice as rich if he switched from real estate to stocks.

An interesting article ( http://www.moneytalksnews.com/why-youre-probably-better-investing-than-donald-trump/ ) shows that Trump would have had $10 billion more if he had switched to a simple S&P 500 fund about 30 years ago.

For his value today, Trump estimates it at $10 billion, while Forbes has him at $4.1 billion. They give him the benefit of the doubt and used $10 billion.

For the value in 1982, Forbes had him at over $200 million but said that Trump claimed $500 million. Again, they used Trump's claim.

So, starting with $500 million in 1982, if he had put it in an S&P 500 fund, he would have made (from 1982 to 12/14) an annualized 11.86%, and his $500 million would have become $20 billion.

This shows that simple investments like stocks, which are available to anyone, are powerful.

It also shows that he isn't that great of a business man.


Praveen Puri
Author of "Stock Trading Riches"
The Stock Trading Riches System discussion board: http://investorshub.advfn.com/boards/board.aspx?board_id=19287
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