Love him or hate him, but you definitely know him.
Donald Trump has dominated headlines for years. You know his political views, but have you ever wondered where he puts his long-term savings?
While few know exactly where and how “The Donald” likes to invest, here are some ideas inspired by what we do know.
1. He likes gold
If you know anything about Donald Trump, you know that he is surrounded by gold. This is actually his trademark. It is located on the outside of his building and on the inside of his house.
We don’t know if Trump has invested in items such as gold bars, coins, or a precious metals IRA. But many investors do use gold investments as a hedge against inflation, political unrest, currency devaluation and falling stock prices.
Don’t go overboard; most professionals recommend investing only about 10% of your portfolio in gold. Remember, not everyone in the gold industry is making progress. Be careful who you deal with.
Many companies in the gold industry are pretty shady and will not hesitate to sell you gold and silver at ridiculously high prices.
Pro tip: Where you can get more information and advice is save gold
2. He gets a lot of advice
Trump has surrounded himself with experts who advise him on everything from policy to investment management.
Smart move: the right expert The return can be much higher than the cost.
Example: A Pioneer research The study found that, on average, a hypothetical $500,000 investment would grow to $1.7 million over 25 years if you managed it yourself, but to more than $3.4 million if you worked with a financial advisor. That’s twice as much!
Pro tip: If you have at least $100,000 to invest, check out the Intellectual assets. You fill out a short questionnaire and are instantly matched with up to three vetted financial advisors in your area, All persons are bound by law to act in your best interests.
* Please read carefully the methodology used in Vanguard’s white paper, “Assessing Your Value: Quantifying Vanguard Advisor’s Alpha”.
3. He takes care of his family
Trump will go to great lengths to ensure the well-being of his family, but what will happen if he is gone? Who will manage family affairs? This is where life insurance provides protection.
Enter life insurance. These days, it’s easier to get life insurance than order pizza. Just a few clicks on the couch, no doctor’s prodding or prodding required. Answer some simple health questionsand boom — a personalized quote in less than 5 minutes.
Pro tip: This is the place to get a free, no-obligation quote.
4. He loves real estate
Donald Trump doesn’t have to reveal specific details about how or where he invests, so there’s no real way to know what he’s doing with his money. But we certainly know one thing: He owns commercial real estate.
You can too. And you don’t need Trump-sized wealth to get started.
In the past, investing in commercial real estate, such as apartments or office buildings, required a lot of capital and a lot of expertise.
That’s not the case anymore, thanks to an online investing platform called Fund rises. Now, everyone can own part of a major real estate portfolio for as little as $100.
Want to be like Donald? check it out.
5. He invests in his future
While Donald Trump is known for his bold moves in politics, a less discussed way to maintain financial security is through investments like annuities.
Annuities provide stable income and protect your financial future from market fluctuations.
Annuities aren’t for everyone, but if you’re over 50 and still rely on CDs for retirement savings, you should consider them. They offer security, tax deferral, and they can offer 20% or more more interest than CDs. They can also be converted into stable monthly income for life.
Pro tip: Get unbiased advice and information: Annuity Network.