If he can make $1 billion from a $1 million loan from his dad (which is a...

Emberfire
Emberfire

If he can make $1 billion from a $1 million loan from his dad (which is a 99900% RETURN), why is it so fucking hard for me to turn $100 into $100,000? Jesus Christ, I'm not even asking for much.

RavySnake
RavySnake

It's exponentially easier to make money the more money you have.

TechHater
TechHater

wrong

BinaryMan
BinaryMan

It's also exponentially easier to lose more money the more you start out with

CodeBuns
CodeBuns

So if I started out with a billion dollars I should end with over a google plex of bitcoins?

Illusionz
Illusionz

from a $1 million loan from his dad
it was way more than that

Harmless_Venom
Harmless_Venom

Of course it's easier.
You're telling me I can go to the bank with $1 in assets and get a loan?

Poker_Star
Poker_Star

He took full advantage of bankruptcy laws at the time. They actually changed the laws because of him.

Stupidasole
Stupidasole

With a million you can:
take out a loan for more money
have plenty of possibilities to put your money into and can afford higher value shit such as buying property

With a $100 you can:
invest in memestocks or shitcoins

idk but its pretty easy to see why

Spamalot
Spamalot

he was given an education. he was given powerful friends. he was born with family connections. he was given a "small loan" of 1 million dollars (a lot more if you consider inflation)

you have 100 bucks

iluvmen
iluvmen

If 1 million people get a $1 million dollar loan from there parents, what are the odds 1 of these 1 million people can turn the $1 million into $1billion?

Take the parents out of it. How many people do you think have ever borrowed $1 million+ ? And how many of them have turned it into $1 billion?

Carnalpleasure
Carnalpleasure

Wait till you are 70 yo and see again.

Just getting a 10% compounded over 50 years is 12000℅

Snarelure
Snarelure

He was at the right place and time in history to do this. Anyone could have invested 1m in pretty much anything in the 70s and be very rich today, but not many people had that much back then. Today this is much much more rare with only Bitcoin and a couple of stocks providing any returns like that again, there's not really a growing market for things, even Zuckerbergs vr investment is failing.

TechHater
TechHater

1m back then is probably 10m now just from inflation.

Evilember
Evilember

You could do it. The trick would be finding something that scales. For example the stock market would be a proportionally worse choice for you than the millionaire investor as the fees would hurt your profits more.

To best bet to multiply a $100 would probably be to find something cheap and resell it.

Hell, that almost inspire me to make a blog on the subject.

RumChicken
RumChicken

you sure can

however given how high risk you are expect a 4 figure apr

whereismyname
whereismyname

Where the hell are you gonna get a consistent 10% return. City of Dallas police and fire pension fund?

Fried_Sushi
Fried_Sushi

The past 5 years the average return on the S&P 500 etfs have been like 20% each year

Stark_Naked
Stark_Naked

cuz u cant buy shit with 100

MPmaster
MPmaster

Put it into an index and wait fifty years

Spamalot
Spamalot

Keep in mind that back in the 1970s New York City was an absolute shithole

Nowadays it is a so-called 'world city' but back in the day it was complete shit to live in, so rent prices were fucking low compared to today

Raving_Cute
Raving_Cute

Because he got a:
A 1 million loan that he never had to pay back
A 20 million loan that he never had to pay back
A 320 million inheritance
Inherited a 1+ bill company

HOW DID HE DO IT? FINANCIAL WIZARD!

Sir_Gallonhead
Sir_Gallonhead

Trump started off with a Milli because his great grandpa, his grandpa, and his father all worked their fucking asses off their entire lives and didn't blow their loads at any point so they could pass it down from generation to generation. If you are like me, your parents grew up poor and werent left shit by any of their parents because they were immigrant farmers not looking to get rich. Thus we were left nothing. Boo Hoo sad story get over it. This idea that Trump didn't have to work for his money is a slap in the face to the generation before him who worked endlessly to get him that start. You are never going to get that loan, so you better start behaving less like Donald Trump and start behaving like great-granpappy Trump and start working your ass off, saving that money, and learning about money so you know how to make a few moves with it when you get older. When you have a SON, start teaching him about money management early and how to respect and grow money, give him a little taste to start out with once he has learned, then give him the majority of what you have saved up once he is an adult and mature enough to earn it. If he is not, you failed as a parent and should either have another son or off yourself. If you did your job, your son should be able to grow this money and learn how to make exponentially more than you did and pass it to his son later on.

This is the cycle of wealth. Not get rich quick. Not gaming the system. Good ol fashion saving, investing, and leaving your kid something when he comes of age. The good news is you are worried enough about money now that you care. My dad didn't, and his dad didn't before him.

Like I said earlier, stop complaining about not getting the Trump treatment in life, and start thinking about the many Trumps who came before him who had to break their backs and not spend a dime in order to pass that wealth down.

Boy_vs_Girl
Boy_vs_Girl

If he can make $1 billion from a $1 million loan from his dad
your initial premise is false.
you can't draw real-world conclusions based on Donald Trump's lies.

5mileys
5mileys

cont.

Most of you guys who post on here are so selfish you probably wouldn't consider your son an extension of yourself. You probably have a dad who is stingy with money or is non existent. You guys are focusing on Trump getting a big ass interest free loan, and ignoring the fact that his father had that money to begin with and that his father was kind and loving enough to trust a milli with his son. You guys should be focusing more on how papa Trump, granpappy Trump, and so on made their money. I'm sure if you go back far enough you end up with some cuck neet like yourself selling shoe shinings for a nickel a piece somewhere in Germany. And you bet your ass that dude was saving his shit up and passing a little down to his son, and made sure his son knew to grow that money and pass some more down to his son and so forth.

You guys need to start breeding a culture in your family that wealth and assets should be passed down so it can be grown.

Unfortunately most familiies don't think like that. The dad of the American family these days thinks "Well I'm gonna get mine and I'm not giving ANY of it up no sir" meanwhile his son is losing money on an apartment and trying to stay alive while paying back disgusting loans. I know sad sob story, but hell that's a symptom of a family not focused on wealth/sharing things like a true family would. It's almost taboo these days for a father and son to be close enough to share wealth and assets, I bet families like the Trumps laugh their asses off at how selfish the American family is.

massdebater
massdebater

Reminder that no one knows what his actual net worth is

lostmypassword
lostmypassword

It's YUGE. I have the best net worth, the very best. Anyone that says otherwise - FAKE NEWS

Methshot
Methshot

Speaking as a loser whose father abandoned him you have pretty aptly described my goals in life.

Building a fortune is hard work, no doubt, but to build a legacy carried on by your family is much harder.

As the saying goes I guess, bad times make hard men, hard men make good times, good times make soft men, soft men make bad times.

The Trump family seems to have done a really good job carrying good values down from generation to generation. His kids at least seem like good people who understand the lessons you mentioned. Of course they could be total shits behind closed doors, I've never met them.

BlogWobbles
BlogWobbles

Money atracts money. Simple as that.
See:

DeathDog
DeathDog

There's no point in building a fortune or a legacy if the foundation is shit. YOU are that foundation. Make sure everything that ISNT money related is not a distracting factor for you so you can start focusing on the wealth.

as far as your saying goes...it's easier to just go with the flow of society and blame the situation on everyone but yourself, but in the end the strongest families don't bow and break just because the weather is bad. Empires built on sticks vs empires built on bricks my friend

CodeBuns
CodeBuns

see my post about legacy wealth. It takes at least two to three generations of understanding money and passing some of that money and education down and watching it multiply with time. Ppl are jelly because the Trump family built a rock solid foundation for wealth and made the right moves. Our families did not so we bitch and moan instead of doing what they did.

farquit
farquit

Please direct me to this magic bank that gives homeless people loans for a dollar.

TurtleCat
TurtleCat

10% is easily doable with simple value investing

BunnyJinx
BunnyJinx

Butthurt Bernouts that can't handle the fact that they're going too be forced too get a job over the next eight years

askme
askme

connections
That's it. All you need is some connections from our legal mafi- er... businessmen

Evil_kitten
Evil_kitten

It's exponentially easier to make money the more money you have.

The whole concept of money is fucked, isn't it?

It's basically just a really advanced and complex system of slavery.

I have a theory that the whole concept of money itself is a Jewish invention. A White system would be something like a bartering system. In which case, you would only be worth what you can actually physically acquire - as in, if you cut down a tree, you own the tree, you can make your own house with it, you can trade it for nice stones or something for a better foundation etc. Money is fucking Jewy, it's so complex and such a worthless fucking zero value thing when you really think about it.

Sharpcharm
Sharpcharm

Hell, that almost inspire me to make a blog on the subject.
Yes pls
Do it user

Skullbone
Skullbone

I have a theory that the whole concept of money itself is a Jewish invention.

You must be fucking retarded and lazy. Look up the history of banking. Spoiler alert: it started at the end of the dark ages, when merchants would start to travel to other cities. Because there were so many bandits and shit it was dangerous to walk around with a bag of money. Thats when banks came in. You just dropped your money off at the bank and you would get a personal note with a seal. That way traveling became saver. Jews ofcourse, noticed that they could start writing more notes than they had actual money in the bank. 500ish years later they are still raping the world.

Emberburn
Emberburn

the past 5 years
are you underage?

RavySnake
RavySnake

Paper money first instance was in China. A currency like gold or salt has been developed by every civilisation independently.

What you're describing is a needs based economy, "each according to his needs". I don't know if it was thought of before but it's most famous supporter is Marx.

monetary theory
complex
Yes but not impossible to learn with someone of even average intelligence

CodeBuns
CodeBuns

merchants started to travel at the end of the dark ages
Lol

takes2long
takes2long

fuck off you coward, just like commies stormfags are resentful for succesful people because they are too weak to succed themselves

Ignoramus
Ignoramus

atleast here in germany the church made it illegal for christians to earn money with money

so the jews were the only ones alowed to do bank work and give out loans

and maybe there was a realy big need for loans so the banks got big

w8t4u
w8t4u

implying your son won't blow it on hookers and coke

DeathDog
DeathDog

what would you guys do with $150,000 in cash?

Skullbone
Skullbone

He knew his market and how to ply his trade. Doesn't matter if you have $100 or $1,000,000.

Methnerd
Methnerd

teaching your son fuck all about money
You don't deserve a legacy.

BlogWobbles
BlogWobbles

Put a down payment on a Lamborghini Huracan.
Fuck I want one so bad.

Lunatick
Lunatick

Lamborghini Huracan
that looks pretty gay man
u dont deserve to be rich cuz u got shit taste

DeathDog
DeathDog

He not only inherited fathers business, but his business acumen, tactics, knowledge, connections.

That is even more worth than money itself.

TechHater
TechHater

Lambo
with 150k
Pleb man.

Don't buy 1 if you can't buy 5.

Need_TLC
Need_TLC

He literally received a huge inheritance once his dad died not to mention when he started his dad helped him get connections.

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