THE ERA OF TRUMP

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SuburbanFarmer
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Re: THE ERA OF TRUMP

Post by SuburbanFarmer » Sat Jan 21, 2017 10:43 pm

Speaker to Animals wrote:Furthermore, to get from the ten million or whatever his father gave him to three billion dollars, he needed to return 1000% per year for 30 years. The S&P index fund does not return 1000% per year.. Also, he built up more than three times that wealth (10 billion).

Maybe consider getting out of the markets, dude.

1000% of 10 million is 100 million. At a constant annual return of 1000%, it would take you 10 years to reach 1 billion dollars. To reach 3 billion dollars, it would take 30 years. He obviously faired better than even 1000% annual return since he has a net worth of over 10 billion dollars. I was just giving you numbers easier to manipulate.

Your index fund barely beats inflation. It doesn't come anywhere near 1000%. Try more like 10%.
Fortune obviously wasn't enough. How about Forbes?

http://www.forbes.com/donald-trump/#73203880790b
you just need to answer a simple question:
What’s Donald Trump Really Worth?

Forbes Estimate
$3.7 billion
He values his name at $3 billion. http://www.slate.com/blogs/moneybox/201 ... llion.html
his numbers have been challenged by ex-wives, journalists, and skeptical fellow real estate developers, with some pegging his net worth in the mere nine digits.
I can do this all night, but it won't change your mind. To you, he's The Savior Genius. To me, he's an idiot NYC con-man that beat a known criminal because of a rigged primary system. Time will tell what's coming, but I'm not confident.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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SuburbanFarmer
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Re: THE ERA OF TRUMP

Post by SuburbanFarmer » Sat Jan 21, 2017 10:45 pm

Martin Hash wrote:I know from experience that having 3 doctorates, and amassing a fortune in various fields, doesn't impress Grumps. Hell, he could do it too with luck & inclination.

Trump is a Meta.
I'm impressed by education, and apparently, you created some really cool software back in the day. That doesn't mean that I'm going to agree with what you have to say, man. But yes, your record is impressive.
Speaker to Animals wrote:Did I not just tell you this is fueled by covetousness and jealousy?
Hardly. I could care less about the man, unless he's directly ripping me off, or becomes Leader of the Free World.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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Martin Hash
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Re: THE ERA OF TRUMP

Post by Martin Hash » Sat Jan 21, 2017 10:54 pm

Damn, Grumps actually conceded a point to me. Now I have to notch up his respect level. Fuck you, Grumps.

Trump is a savant huckster. Being a huckster, however, doesn't make him automatically dishonest or wrong.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change

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Speaker to Animals
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Re: THE ERA OF TRUMP

Post by Speaker to Animals » Sat Jan 21, 2017 10:58 pm

GrumpyCatFace wrote:
Speaker to Animals wrote:Furthermore, to get from the ten million or whatever his father gave him to three billion dollars, he needed to return 1000% per year for 30 years. The S&P index fund does not return 1000% per year.. Also, he built up more than three times that wealth (10 billion).

Maybe consider getting out of the markets, dude.

1000% of 10 million is 100 million. At a constant annual return of 1000%, it would take you 10 years to reach 1 billion dollars. To reach 3 billion dollars, it would take 30 years. He obviously faired better than even 1000% annual return since he has a net worth of over 10 billion dollars. I was just giving you numbers easier to manipulate.

Your index fund barely beats inflation. It doesn't come anywhere near 1000%. Try more like 10%.
Fortune obviously wasn't enough. How about Forbes?

http://www.forbes.com/donald-trump/#73203880790b
you just need to answer a simple question:
What’s Donald Trump Really Worth?

Forbes Estimate
$3.7 billion
He values his name at $3 billion. http://www.slate.com/blogs/moneybox/201 ... llion.html
his numbers have been challenged by ex-wives, journalists, and skeptical fellow real estate developers, with some pegging his net worth in the mere nine digits.
I can do this all night, but it won't change your mind. To you, he's The Savior Genius. To me, he's an idiot NYC con-man that beat a known criminal because of a rigged primary system. Time will tell what's coming, but I'm not confident.

As was explained previously, to reach a net worth of 3 billion, he would require an annual return of around 1000%. An index fund averages about 10%.

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SuburbanFarmer
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Re: THE ERA OF TRUMP

Post by SuburbanFarmer » Sat Jan 21, 2017 11:03 pm

Speaker to Animals wrote:
GrumpyCatFace wrote:
Speaker to Animals wrote:Furthermore, to get from the ten million or whatever his father gave him to three billion dollars, he needed to return 1000% per year for 30 years. The S&P index fund does not return 1000% per year.. Also, he built up more than three times that wealth (10 billion).

Maybe consider getting out of the markets, dude.

1000% of 10 million is 100 million. At a constant annual return of 1000%, it would take you 10 years to reach 1 billion dollars. To reach 3 billion dollars, it would take 30 years. He obviously faired better than even 1000% annual return since he has a net worth of over 10 billion dollars. I was just giving you numbers easier to manipulate.

Your index fund barely beats inflation. It doesn't come anywhere near 1000%. Try more like 10%.
Fortune obviously wasn't enough. How about Forbes?

http://www.forbes.com/donald-trump/#73203880790b
you just need to answer a simple question:
What’s Donald Trump Really Worth?

Forbes Estimate
$3.7 billion
He values his name at $3 billion. http://www.slate.com/blogs/moneybox/201 ... llion.html
his numbers have been challenged by ex-wives, journalists, and skeptical fellow real estate developers, with some pegging his net worth in the mere nine digits.
I can do this all night, but it won't change your mind. To you, he's The Savior Genius. To me, he's an idiot NYC con-man that beat a known criminal because of a rigged primary system. Time will tell what's coming, but I'm not confident.

As was explained previously, to reach a net worth of 3 billion, he would require an annual return of around 1000%. An index fund averages about 10%.
Jesus Christ, now we have to argue basic math?

1000% = 10x. Add a zero. Every year. For 30 years. That would give him a number of dollars that I don't know the name for.

Cumulative returns would also add WAYYYY more than the 1300% that the SPY has gone up since 1987.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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SuburbanFarmer
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Re: THE ERA OF TRUMP

Post by SuburbanFarmer » Sat Jan 21, 2017 11:05 pm

Martin Hash wrote:Damn, Grumps actually conceded a point to me. Now I have to notch up his respect level. Fuck you, Grumps.
Meh, fuck you too. :lol: I've agreed with you before.
Trump is a savant huckster. Being a huckster, however, doesn't make him automatically dishonest or wrong.
That's an oxymoron. Huckster = dishonest.

Like I said, it might work out somehow - blind squirrels and nuts, etc.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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TheReal_ND
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Re: THE ERA OF TRUMP

Post by TheReal_ND » Sat Jan 21, 2017 11:11 pm

Fuck off scottland

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SuburbanFarmer
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Re: THE ERA OF TRUMP

Post by SuburbanFarmer » Sat Jan 21, 2017 11:14 pm

TheReal_ND wrote:Fuck off scottland
Image
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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TheReal_ND
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Re: THE ERA OF TRUMP

Post by TheReal_ND » Sat Jan 21, 2017 11:16 pm

It's "blind pigs" btw you fucking mongrel.

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StCapps
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Re: THE ERA OF TRUMP

Post by StCapps » Sat Jan 21, 2017 11:25 pm

Smitty-48 wrote:Trump is a salesman first and last, he's tailoring the pitch to the customer, the Goobers want an Anti-Obama, Trump is giving them what they want FTW. Back in the day, Trump the Manhattan real estate baron could act the sophisticate at the drop of a hat, he can play it anyway you want to play it, depending on who he is pitching to.

If he thought surrounding himself with a bunch of intellectuals and having the briefings in hand was what was going to close the deal, that's what he would do, but since the opposite was what was going to close the deal, he went that way instead.
Exactly those who think he's a dummy because he isn't playing the intellectual at the moment are easily fooled.
*yip*