As a stock market trader - One good thing about Trump being elected president

DBA said:
The same could be said for many businessman. How many have made all the right moves in the market since ~1975? Trump’s net worth is currently around 7 billion. How savvy would he have had to be to just put his money in an index fund and wait as opposed to buying and building things to amass that wealth? One could say he would have just gotten lucky with the funds. It takes a lot more work, navigating the ups and downs of the business world, to go from 40 million to 7 billion than to simply take your Edward Jones advisor’s advice and stick the money in an index fund. I bought Palantir over a year ago. I am very happy with the results, but that doesn’t make me a genius. It also doesn’t mean I would necessarily be capable of running a multi-billion dollar business empire with properties all over the world. It just means I made one informed decision that worked out well for me.
Click to expand...
First of all and exclusively because of Truth Social, Trump's net worth has climbed $5.6 billion. It did get up to $7 billion on January 13th (a rise of $876 million from January 12th, due to the stock going from 35.41 to 41.91) but the stock closed on Friday at 31.19, meaning his net worth is now about $5.8 billion. Without Truth Social, which started trading in 2022, Trump would be worth only $2.6 billion. The only reason he is up from that level is because he was president and popular, thus making Truth Social successful. Nonetheless, it was only because of his name (not his business acumen) that Trump raised his net worth $4.2 billion (on Friday from what it was in 2022)

You mention that he started with $40 million but he actually started with $60.7 million.

In comparison, in 1966 Michael Bloomberg was earning $9,000 per year and his net worth was nothing. He is now worth $106 Billion. That is 18 times more than what Trump is worth and 40 times more than what Trump was worth in 2022.
 
Luckyone said:
First of all and exclusively because of Truth Social, Trump's net worth has climbed $5.6 billion. It did get up to $7 billion on January 13th (a rise of $876 million from January 12th, due to the stock going from 35.41 to 41.91) but the stock closed on Friday at 31.19, meaning his net worth is now about $5.8 billion. Without Truth Social, which started trading in 2022, Trump would be worth only $2.6 billion. The only reason he is up from that level is because he was president and popular, thus making Truth Social successful. Nonetheless, it was only because of his name (not his business acumen) that Trump raised his net worth $4.2 billion (on Friday from what it was in 2022)

You mention that he started with $40 million but he actually started with $60.7 million.

In comparison, in 1966 Michael Bloomberg was earning $9,000 per year and his net worth was nothing. He is now worth $106 Billion. That is 18 times more than what Trump is worth and 40 times more than what Trump was worth in 2022.
Click to expand...

In short, a person that started with 40-60 million who is worth only 4.2 billion 45-50 years later, has not been successful. He is also been elected President of the United States 2 times.

As for Bloomberg, neat. He is still a lunatic Democrat. Why he is not worth as much as Musk? Is Bloomberg smarter because he is a Democrat and not a Republican? What about Sam Walton? He was extremely wealthy(on Musks’ level and even more before his death) and was a solid Republican. The Walton family has shifted more purple lately but that is because the Democratic Party’s dirty little secret is that their policies are actually geared to protect the ultra-wealthy.

At any rate, your point is meaningless. Trump is very successful by any reasonable measure.
 
DBA said:
In short, a person that started with 40-60 million who is worth only 4.2 billion 45-50 years later, has not been successful. He is also been elected President of the United States 2 times.

As for Bloomberg, neat. He is still a lunatic Democrat. Why he is not worth as much as Musk? Is Bloomberg smarter because he is a Democrat and not a Republican? What about Sam Walton? He was extremely wealthy(on Musks’ level and even more before his death) and was a solid Republican. The Walton family has shifted more purple lately but that is because the Democratic Party’s dirty little secret is that their policies are actually geared to protect the ultra-wealthy.

At any rate, your point is meaningless. Trump is very successful by any reasonable measure.
Click to expand...
I give credit to Trump for one thing. He is probably the best scam/con artist of all time.
 
Luckyone said:
i have been a stock market trader for 47 years. Mind you, I am talking about trading and not about investing (buy and hold) in the market.

The big traders (among them hedge funds) are traders and 70% of that trading is done through Computers and Algorithms that are strongly based on chart support and resistance levels that when reached, automatically buying (at support) and selling (at resistance) occurs.

Nonetheless, one of the big keys needed in this scenario is volatility, given that with high volatility these support and resistance levels are seen often, making "trading" very profitable.

How is this a factor in 2025? The election of Trump as the president for the next 4 years is going to bring high volatility as his approach to governing is on the extreme and that causes strong movement in a direction; By the same token, the extreme measures bring big moves when the benefits are seen but also bring big moves in the opposite direction when the consequences are seen. Adding to all of this is the fact that Trump has proven to be incompetent and that will bring the extremes to be seen a lot more often.

From that perspective and as a trader that I am (I go long and I go short), I do expect 2025 (and perhaps for the next 4 years) to be highly profitable.

Here are 2 videos to celebrate the plus of this election



Click to expand...

/—/ I hold, reinvest dividends and write covered calls way out of the money. Works for me.
 
Luckyone said:
I give credit to Trump for one thing. He is probably the best scam/con artist of all time.
Click to expand...
/—-/ And not one word of concern about the massive frauds being uncovered by DOGE. Not a peep.
 
Nobody911 said:
One positive aspect of Donald Trump's election as president in 2024 is the anticipated boost in corporate earnings due to proposed tax cuts. Analysts predict that lowering the corporate tax rate from 21% to 15% could increase S&P 500 earnings by approximately 4% over current estimates, reflecting a favorable environment for investors[2][3]. Additionally, the resolution of political uncertainty following a decisive election outcome has historically led to strong market performance, with the S&P 500 projected to rise significantly in the coming year[1][2].

sources:
[1] How Trump’s election is forecast to affect US stocks
[2] 2024 elections: How may the results impact my investments?
[3] Will the presidential election affect the stock market?
[4] Stock Market Under the Trump Administration | U.S. Bank
[5] Why Donald Trump’s election win fuelled a stock market surge
[6] Stock market rallies to new heights after Trump is elected. Is now the time to dive in?
[7] https://www.reuters.com/markets/whats-stake-global-markets-trump-presidency-2024-11-06/
[8] Stock market surges after Trump’s 2024 election win

View attachment 1058816
Click to expand...
And increase the debt, yahoo!
 
odanny said:
I finished 2024 up 12.4%

Today I am up 0.84%.

Trump kills everything he touches.
Click to expand...
/----/ I was up 24% in 2024
This year I'm up 3% YTD.
I adjusted my portfolio with the change in office. I always do that. I also trade options for income. That boosts my return.
 
odanny said:
Well, at least it is a shared pain.

Welcome aboard the Titanic.
Click to expand...
/—-/ 3% since Jan 1, 2024. (YTD means year to date.) That’s after only 6 weeks. That extrapolates to 26% per year. What pain?
 
odanny said:
Well, at least it is a shared pain.

Welcome aboard the Titanic.
Click to expand...
/---/ UPDATE. As of this morning, I'm up 7.76% YTD. That equals q 62% annual return. The dissalowwed loss were wash sales. Thanks, President Trump.

Gain/Loss​

Long Term$0.00(N/A)
Short Term+$32,313.06(+7.76%)
Net Gain+$32,313.06(+7.76%)
Disallowed Loss-$10,253.24
1739461435429.webp
 
You must log in or register to reply here.

NVIDIA prediction

< Previous Thread

and another end of year sell off for taxes

Next Thread >

Similar threads

EvilEyeFleegle
Newsmax stock plunges 77% after blistering post-IPO rally
Replies
12
Views
256
egp320i
egp320i
Contumacious
REMINDER : Traders and Investors Control the Dow NOT The President
2 3 4
Replies
71
Views
438
Contumacious
Contumacious
C_Clayton_Jones
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
3 4 5
Replies
89
Views
735
bdtex
bdtex
Luckyone
For the sake of offering you some valuable general information
2
Replies
28
Views
963
luiza
L
Luckyone
The market is starting to collapse
7 8 9
Replies
165
Views
2K
Cougarbear
C

New Topics

Latest Discussions

Back
Top Bottom