PointGuard
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- Feb 26, 2016
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I wonder (not going to figure it) what a person would have today had they invested $5k in Trumps parent company in 1980.
The Trump Corporation is a private Company and stock is not sold. The junk bond investors back in the day got a kicker in equity that proved worthless in Trump’s first bankruptcy
IIRC (i’m Not going to look it up either) the Dow bottomed around 8,000. So if you bought the Dow average and sold at Dow 26,000 you made 18,000 on 8,000
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