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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: TobagoJack who wrote (114859)	12/20/2015 12:47:40 AM
From: Elroy Jetson	Read Replies (2) of 217747

Jay - As you point out with restrained sarcasm, Donald Trump's investment record is truly awful and his bad business sense has repeated itself in one business disaster after another. If Trump had invested the money he inherited with an index fund instead of badly investing it himself, Trump would be three-fold wealthier than he is today! — fortune.com Now Trump has promised to bring his catastrophic mismanagement to the US government, a real dream come true for the Chinese government. After falling behind the track record of experienced real estate investors, and filing for bankruptcy far more than once, Trump has focused entirely on lending out his name for new real estate developments and products in return for a fixed fee, rarely gambling on a percentage of the profits. When a "Trump Tower" is built, Donald Trump has no ownership interest in the project. Those buying units in three of the "Trump Towers" have lost all of their investment when the projects filed for bankruptcy without completing construction. — roanoke.com — Trump of course walked away with his licensing fee without a scratch. Quite a number of "Trump" projects have actually be controlled by Felix Sater, a member of the Russian Mafia and ex-convict twice sent to prison after felony convictions. Today, Trump claims he can't even recall having met the Russian Mobster who operated many of Trump's largest investments.— abcnews.go.com The only people who are more unhappy with Trump's investment performance than his family are the hapless investors who have lost huge sums investing with him when he was still actively managing projects. It's quite an extensive list if you're familiar if you've been involved with real estate as I have. Trump's Grandfather, German immigrant Friedrich Drumpf (Sr), created the Trump fortune building and operating bordellos in gold mining towns in Alaska. After opening similar whorehouses in Canada he found himself facing prosecution when the Federal government decided to enforce laws against prostitution and fled back to Germany to avoid criminal charges. Back in Germany Friedrich Drumpf faced charges of failing to serve in the military, so he fled again with his wife and child on a boat to New York where his Son with the changed name of Frederick Trump Jr became known as a "real estate investor" managing New York properties his Father had purchased with his whorehouse profits. Donald Trump inherited his share of this large fortune and has made a small fortune in real estate - 75% than if he had let someone else manage his money.

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