Trump without a small loan of a million dollars

...

Other urls found in this thread:

politico.com/blogs/2016-presidential-debate-fact-check/2016/09/clinton-is-right-about-trumps-very-small-14-million-loan-228709
unvis.it/politico.com/blogs/2016-presidential-debate-fact-check/2016/09/clinton-is-right-about-trumps-very-small-14-million-loan-228709
twitter.com/NSFWRedditGif

>Trump without a stable country to call his home

>user I loaned you $100...why haven't you made it into a million already?
This is how stupid you sound.

Do you even know what a loan is? If I heard someone was going to give me a loan of a $1,000,000, I would probably be fairly suspicious and a little worried. Now I understand most leftists don't understand what a loan is, hell many don't understand the basics of economics or business, this is why they are overwhelmingly communists. What Trump did with that $1,000,000 was amazing, not bad for his first venture.

>>Trump without a stable country to call his home

good job, you gave him his (You)

>small loan of a million dollars
It always makes me laugh when bitter losers say this line. Lots of you get pretty big loans, not a billion dollars, but pretty big loans for you (inb4 baneposting). Anyways, you get huge loans, in the form of student loans, or car loans, etc., and turn those loans into debt with little to no profit.

DT understands the value of money and how to make money work for you. The majority of people buy liabilities that decrease in value immediately after being purchased, but he bought assets. He built a financial empire.

How do I pick assets over liabilities?

Any tips or hints? My parents, while making a lot, were down right retarded with their money. How do I accumulate assets?

"No slight must go unchallenged, no matter how small."

- Prison guard from San Quentin

Just think in a few years the one or two (you)'s will add up here and there, he'll reinvest them into true assets and before long he might even build up his own successful empire. Oh wait, never mind...OP is always a faggot.

Buy short sale houses around $15,000 to $50,000, then flip them or rent them out. Rinse, wash, repeat until you are flipping big shit.

>you with a small loan of a million dollars after you piss it away and are in debt for life

He didn't build shit, he continued on with his fathers name and his fathers connections and his fathers money. Hes gone bankrupt so much he had to start putting his name on steaks and whoring himself out to NBC. He's the male equivalent of Paris Hilton.

>Paris Hilton
She also took advantage of her family wealth to make her own. You think she is dumb but she is fairly aggressive when it comes to selling her image and name. Trump made enough money to get famous then cashed in on his name which he sold for a profit. Quite brilliant if all you have to do is sell your name and do some silly shit in front of some cameras.

What's a short sale house? Just a house that someone lives in for a short time?

Do I use a real estate agent to sell it?

Is this a Jojo reference?

you wait for someone to get behind in their taxes or mortgage, and when the bank/govt forces the sale of your house you can sometimes pick them up cheap at auction
the catch is you have to have cash on hand, and there's no touring the houses, etc.. so you might be paying 40,000 on a house you can flip for 400,000.. or you might be buying a 4 million dollar environmental lawsuit because of asbestos or something

high risk investing is high risk for a reason

Trump is broke as fuck, he took the president job for the money.

No mortgage, must buy in cash.

Any idea what $1m gets you in New York real estate? Not much

There's nothing brilliant about it anymore so than D-List celebrities going on Dancing With the Stars for a quick buck and a few more precious minutes of fame. Paris Hilton was a obnoxious spoiled brat for most of her life but because her Daddy is rich she gets to use his money and connections to cash in once her media fame was over the hump. All these people have built in glass floors for their children. I'm supposed to think the Trump family's seed just breeds great realtors? And the Bush's running the country twice with another one a governor is just a coincidence too right? These people are built to succeed over decades of grooming where they can fuck up and fail in ways that would ruin an average person but because they have a families name behind them and some cash in their wallet they just keep going until they find a way to leech of the businesses their forefathers set up. How many people do you know are able to go bankrupt more than once? How about upwards of six times? That's not brilliant. It's the continued momentum of someone else's hard work.

I'm sure that prison guard was very intelligent, just like you

...

You sound smart, how come you aren't rich?

Don't buy anything you can't afford. Only buy things with liquid price and good chance of increasing value. Build and invest in businesses.

>

It is a basic behavior correction strategy. You scrutinize everything a person does and you punish them every chance you get. The key is to call out bad behavior every time, just like military boot camp. It creates an oppressive environment where the offender feels like they are being constantly watched. I learned something from that guy and gave him credit. the Left has the same strategy with political correctness and microaggressions.

Cause my Dad didn't run a real estate business ready to pick me up every time I wasted millions of dollars:
>The Wall Street Journal tracked down a 1985 casino-license disclosure that showed Trump’s father lent him $14 million — a value of $31 million in today's dollars. Trump’s spokesman told the Journal he was referring to Trump's very first loan, a decade earlier. But it’s clear Trump’s $1 million claim understates his father’s assistance. In the 1990s, New Jersey regulators dinged Trump after his father bought $3.5 million in chips at one of his casinos.
politico.com/blogs/2016-presidential-debate-fact-check/2016/09/clinton-is-right-about-trumps-very-small-14-million-loan-228709

Archived it
unvis.it/politico.com/blogs/2016-presidential-debate-fact-check/2016/09/clinton-is-right-about-trumps-very-small-14-million-loan-228709

the political battle in America has for decades now been white male shitlords vs. shitskins and cucks

feed the troll until he's all full. Then, surely he will stop

Should I invest in local businesses?
How does one go about doing that?

>get a million dollar loan
>turn it into several billion and pay back the loan
I don't see the problem.

He's never gone bankrupt you fucking retarded faggot. Several of his businesses declared bankruptcy, which is quite common, particularly for highly leveraged companies (which are also the most profitable). If you weren't a retarded lefty with no business sense or understanding this wouldn't be so fucking hard for you to get.

>"Gee, if I had X many million dollars I could be a billionaire too!"
>t. every bankrupt lottery winner before winning X many million dollars and entering bankruptcy

Melania snuggles right up to Bill, but won't even hold Donald's hand. Is this nine months before Barron was born?

He didn't ACTUALLY do that, though. He got a million dollar loan plus a multi-billion company plus free bailouts and made less than he would have if he put it in an index fund.

America is famed for its impoverished senators!

Invest purely in index funds. People saying shit like "flip houses" and "invest in businesses" mean well, but in reality your chances at succeeding at either of those are considerably lower than the stable, consistent growth you can get from an index fund. Flipping houses is fun to watch on tv, and the people that are best at it can make tons of money, but there are countless others who think "I'll just start flipping houses and get rich, it's so easy lol" and go bankrupt (themselves, not their companies). It's similar to actors or even the lottery - you only see the people who do it well, and vastly overestimate your chances of doing so yourself.

If you really want to acquire assets, user, invest 20% of your post-tax paycheck in an index fund each time you get it. Live below your means, and carry no balances on your credit card(s) (you should have at least one though, missing out on generous rewards programs just out of fear of credit cards is dumb). When the market dips, or even crashes, don't don't DON'T panic and start withdrawing money. Just leave it there, it will come back.

If you actually do this for about a decade you will very likely have enough money to fully live on for a year or two during which time you can look into starting your own business (or fuck it, flipping houses if you want to). Or you can just keep wagecucking and saving/spending intelligently and end up well within the 1% (although you'll never be filthy rich). Good luck.

someone should do a pic where hes a muslim and hes still got all 3 of his wives