Lets look at the Donald, to me he's a joke. And I've said this before..
Is Trump a billionaire? Yes, he is. Is he a successful businessman? No, actually, he isn't. He only plays a successful businessman on television. Isn’t he a self-made man? No, Trump inherited a vast fortune and a thriving real estate business from his father. He has not done as well as he claims. A passive investment of his inheritance would have made him much richer than he is today. Fortune Magazine reports analyses of Trump's financial holdings which conclude that he has achieved subpar financial performance. The analysts took the value of his inheritance, applied a market rate, I repeat average market rate of return from the date of his inheritance to today, and calculated Trump should be worth $13 billion.
On Forbes’ annual list of the world's richest people, Trump is #405, with a net worth of $4 billion. His efforts turned his inheritance into $4 billion, whereas an index fund (just a common index fund) would have turned that same inheritance into $13 billion. Conservative retirement accounts utilize index funds. This conservative, passive approach outperformed Trump, the great businessman, by better than 3 to 1.
NOW do you think the liberals aren’t going to point this out if he wins the nomination? Translation, WE LOOSE..
Trump disputes the Forbes appraisal of his fortune. His most recent claim is that he is worth over $10 billion. Those who estimate Trump’s worth use techniques similar to that of property appraisers. Most of us have experience with appraisers from either buying or selling a house. The appraiser may reach a conclusion that is higher or lower than our own, but the difference rarely approaches 10%. Trump's claim that his worth is 150% more than the Forbes appraisal is outlandish. One way Trump gets to $10 billion is by valuing his name at $3.3 billion. Any buyers out there?
Trump’s ridiculous financial underperformance is tolerated only because he is his own boss. If he worked for a public company with real responsibility to its shareholders, Trump would have long ago heard the magic words: “You're fired!” If you still consider Trump to be wildly successful, ask yourself what you would do with his underperformance in your retirement account. No matter how entertaining he is, you would fire him.