Platinum Contributing Member ViperGTS/Z1 Posted October 28, 2023 Author Platinum Contributing Member Share Posted October 28, 2023 51 minutes ago, f7ben said: Doubling it in 5 years would be a huge success. Doubling it in 10 years is about market average. Doubling it in 40 years is a miserable failure According to Forbes....For most of his life Trump outperformed the S&P 500 with his business dealings.......up until COVID hit. Since then he would have been better off investing in the index since much of his real estate empire hasn't come roaring back. But yeah, keep calling Trump a failure with a net worth of more than 2 billion.... he's a real loser. ....shit I'd be happy with 2 million. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted October 28, 2023 Author Platinum Contributing Member Share Posted October 28, 2023 (edited) So even if his inheritance was on the high side of 400 million(it wasn't)....he still made it worth over 5 x as much........what a failure ....so your little doubling chart is assinine.... do you have a chart for 5 times initial investment? Edited October 28, 2023 by ViperGTS/Z1 Quote Link to comment Share on other sites More sharing options...
f7ben Posted October 28, 2023 Share Posted October 28, 2023 34 minutes ago, ViperGTS/Z1 said: According to Forbes....For most of his life Trump outperformed the S&P 500 with his business dealings.......up until COVID hit. Since then he would have been better off investing in the index since much of his real estate empire hasn't come roaring back. But yeah, keep calling Trump a failure with a net worth of more than 2 billion.... he's a real loser. ....shit I'd be happy with 2 million. Well if someone gave you 500k I’m sure you’d be worth we’ll more than 2 million after 40 years Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted October 28, 2023 Author Platinum Contributing Member Share Posted October 28, 2023 21 minutes ago, f7ben said: Well if someone gave you 500k I’m sure you’d be worth we’ll more than 2 million after 40 years Not the way I invest ...... 1 Quote Link to comment Share on other sites More sharing options...
Deephaven Posted October 29, 2023 Share Posted October 29, 2023 16 hours ago, toslow said: You realize bankrupt don't mean broke....amirite It should. Law is stupid. 15 hours ago, f7ben said: Yah , and in 40 years he did what ….double it? That’s a massive failure by any standard. Absurd failure. Of course he failed to beat a vegetable in the last election so he is obviously a born loser. 1 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 29, 2023 Share Posted October 29, 2023 15 hours ago, ViperGTS/Z1 said: According to Forbes....For most of his life Trump outperformed the S&P 500 with his business dealings.......up until COVID hit. Since then he would have been better off investing in the index since much of his real estate empire hasn't come roaring back. But yeah, keep calling Trump a failure with a net worth of more than 2 billion.... he's a real loser. ....shit I'd be happy with 2 million. All these armchair entrepreneurs crack me up. 90% of them don't have the balls to put their own $ on the line and take risks. Quote Link to comment Share on other sites More sharing options...
Snake Posted October 29, 2023 Share Posted October 29, 2023 "Trump is a loser because he is one of the only Presidents to lose money while in office." Quote Link to comment Share on other sites More sharing options...
old indy Posted October 29, 2023 Share Posted October 29, 2023 22 hours ago, Steve753 said: He gave government ultimatums back in the day for tax breaks when he was building in New York for starters. Do you get a tax break if you build a new house? Any large project entering and building in a new /town/city/location generally gets incentives. often times those consist of HUGE tax breaks that last for years. why would they not offer incentives to a business that will generate revenue for its location? 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted October 29, 2023 Share Posted October 29, 2023 1 minute ago, old indy said: Any large project entering and building in a new /town/city/location generally gets incentives. often times those consist of HUGE tax breaks that last for years. why would they not offer incentives to a business that will generate revenue for its location? I addressed that. Typical TIFF policy is immaterial to Trump activities... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted October 29, 2023 Platinum Contributing Member Share Posted October 29, 2023 1 minute ago, old indy said: Any large project entering and building in a new /town/city/location generally gets incentives. often times those consist of HUGE tax breaks that last for years. why would they not offer incentives to a business that will generate revenue for its location? Ya thats all fine and dandy. Trump reno'd most of his early buildings as cheap as possible to make a huge profit. Its very interesting looking at his history in business and all the people hes screwed over. Maybe if he wasnt handed a fortune from his father, he would've done things different. 1 Quote Link to comment Share on other sites More sharing options...
old indy Posted October 29, 2023 Share Posted October 29, 2023 6 minutes ago, Snake said: I addressed that. Typical TIFF policy is immaterial to Trump activities... Trump has been battling politicians for years. Quote Link to comment Share on other sites More sharing options...
Snake Posted October 29, 2023 Share Posted October 29, 2023 6 minutes ago, old indy said: Trump has been battling politicians for years. Most of them loved him and wanted to be part of his orbit, till, well, you know. Trump used all the rules and regulations, and tax breaks that politicians gave him, then they cried when he did. Quote Link to comment Share on other sites More sharing options...
Snake Posted October 29, 2023 Share Posted October 29, 2023 (edited) 13 minutes ago, Steve753 said: Ya thats all fine and dandy. Trump reno'd most of his early buildings as cheap as possible to make a huge profit. Its very interesting looking at his history in business and all the people hes screwed over. Maybe if he wasnt handed a fortune from his father, he would've done things different. How many people have Biden screwed over? I'll make it easy... just ask those who had to dig into their 401ks... Edited October 29, 2023 by Snake Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted October 29, 2023 Platinum Contributing Member Share Posted October 29, 2023 (edited) 2 minutes ago, Snake said: How many people have Biden screwed over? I'll make it easy... just ask those who had to dig into their 401ks... I would never vote for Biden or a democrat for that matter. Edited October 29, 2023 by Steve753 Quote Link to comment Share on other sites More sharing options...
old indy Posted October 29, 2023 Share Posted October 29, 2023 1 minute ago, Snake said: Most of them loved him and wanted to be part of his orbit, till, well, you know. Trump used all the rules and regulations, and tax breaks that politicians gave him, then they cried when he did. Exactly. he used the loopholes the politicians put in place for themselves playing the game better than they did. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted October 29, 2023 Platinum Contributing Member Share Posted October 29, 2023 20 minutes ago, Snake said: Most of them loved him and wanted to be part of his orbit, till, well, you know. Trump used all the rules and regulations, and tax breaks that politicians gave him, then they cried when he did. Actually Trump cried alot and took his ball and left when he didn't get his way. You conveniently left that out. Quote Link to comment Share on other sites More sharing options...
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