The 1 Easy Way Donald Trump Could Have Been Even Richer: Doing Nothing

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Sometimes wheeling and dealing isn’t always the best way. At least for those of us with very wealthy parents who are inclined to start us off with a nice pile of money.

(From The National Journal)

As “really rich” as Don­ald Trump is today, he might have been even rich­er if, in­stead of dab­bling in sky­scrapers and casi­nos, he’d simply taken his eight-fig­ure in­her­it­ance dec­ades ago and sunk it in­to the stock mar­ket.

Had the celebrity busi­ness­man and Re­pub­lic­an pres­id­en­tial can­did­ate in­ves­ted his even­tu­al share of his fath­er’s real-es­tate com­pany in­to a mu­tu­al fund of S&P 500 stocks in 1974, it would be worth nearly $3 bil­lion today, thanks to the mar­ket’s per­form­ance over the past four dec­ades. If he’d in­ves­ted the $200 mil­lion that For­bes magazine de­term­ined he was worth in 1982 in­to that in­dex fund, it would have grown to more than $8 bil­lion today.

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