To: RMF who wrote (960272 ) 8/30/2016 1:14:43 AM From: i-node 3 RecommendationsRecommended By Bonefish FJB TideGlider
Read Replies (1) | Respond to of 1575522 >> Do you realize that if Trump had JUST invested his inheritance in an Index Mutual Fund that he would be worth 5X's what he's worth now? That is not correct at all. Not based on any realistic analysis. He has done exceptionally well by any measure. I thought we went over that the other night. Maybe it was someone else. His net work exceeds $5 Billion and the $10 Billion may not that far off (I expect he's putting a bigger value on the Trump name than is realistic, because that brand can't just be transferred to someone else with the ease of "Apple" or "Coca Cola"). At any rate, it is more than $5B. His inheritance only came to him in 1999. While he could have borrowed money from his dad before then it certainly would not have been many millions. Primarily because he wouldn't have needed to borrow that much. He has claimed he borrowed a million and there is no evidence to the contrary and no reason at all to think it is isn't factual. In the 1970s, a million bucks was a lot of money for most people and his excellence in negotiation would have allowed him to get his early start with that. There is evidence that Trump received $20 Million (along with his siblings) after his dad's death. There is also evidence that trusts were created which is likely the case, I would imagine a GST trust, since this was before Bush was elected. Bottom line, whatever Trump's current net worth, he has done exceptionally well for himself. The claims to the contrary are clearly not correct and I don't know how one could possibly turn it into anything but a massive success story.Do you know how many employees and contractors that Trump RIPPED OFF? Many of those contractors went Broke. The employees were just little people and apparently they didn't count. I would really like to know who told you that. I can't say he didn't rip anyone off. But I can say there is no evidence of it I've seen, and there is a LOT of evidence to the contrary. Where are those people who got "ripped off?" Why are they not crawling out of the woodwork? You know CNN and FOX would love to put them on, prime time. Where are they? Have you seen one? I haven't seen EVEN ONE.There's NOTHING about Trump that I admire. I can see that, but it seems like you are basing some of it on misinformation. Now, I certainly admire Trump more than I do Hillary or Obama, to be clear. Just because he has accomplished a lot of positive stuff in his life. I cannot name positive accomplishments of these other two. Even Bill Clinton had accomplishments. but not Obama or Hillary. [In fairness, some day we may decide that Cuba was an accomplishment. But the jury is out, even on that.]