Is Donald Trump a bad investor?

Observing the presidential election from afar gives me, even as a Dane living far far away, the creeps about the future.

Once I was actually a fan of Donald Trumps story and I thought he had done very well for himself.

But has Trump really done well?

Recently, this image surfaces.

 

Which made me stop and think about it. Is Donald Trump a good or a bad investor?

And after a short googling.

I found out that some articles wrote that if he had just invested S&P 500 or a put all of his inheritance from his dad in a mutual fund, his Net Worth would be the same as it is today.

He has been claiming to a Net Worth of over $10 billion, which fortune.com obviously finds untrue.

They’ve even made a funny calculator where you can input your Net Worth and multiply it by the same factors as Donald Trump.

I don’t know the facts of  Trump!

… and it seems like no one really does.

But here is something I learned browsing the web.

  • The Trump Organization was founded by Donald Trumps father, Fred Trump and his grandmother and german immigrantElizabeth Trump in 1923.
  • Several articles claim that trump inherited $200 million dollars in 1974 and by investing all of that in S&P 500, he’d be worth $8.3 billion today.
  • Donald Trump has been an employee of his own company besides owning the company. He has been in charge of deciding his own salary which would cover all over his living expenses and should be taken into account when calculating his annual returns.
  • Elizabeth Trump was a german immigrant, which also makes Donald Trump a 3. generation immigrant. How ironic…

… if that is true, and if Bloombergs estimation is correct, then he actually underperformed the S&P 500 by alot.

He is always preaching: “I made my self very rich”. – Look how good I am!

What he should be saying is: “I didn’t use all of my dads money on fancy stuff and shenanigans”. – Look how good I am!

All of this has made me conclude, that I will not include his books in my learnings.

I fear Trump actually will become president

As the election goes forward I see myself getting a bit scared about his statements.

Because while Trump would want to gear up for being a nation of military power, North Korea is gearing up for war.

Are we going be caught in a crossfire between USA with Donald Trump as a president, North Korea.. and maybe Russia and China?

Hopefully they’ll miss Denmark because we are so small…

One Comment

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