Love him or hate him, but you definitely know about him.
Donald Trump has been dominating the headlines for many years now. You know his politics, but have you ever thought about 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 loves gold
If you know anything about Donald Trump, you know he surrounds himself with gold. It’s practically his trademark. It’s on the outside of his buildings and all over the inside of his homes.
We don’t know if Trump invests in things like gold bars, coins or precious metals IRAs. But a lot of investors do use gold investments to hedge against inflation, political turmoil, currency devaluation and falling stock prices.
Don’t go overboard; most pros advise putting only about 10% of your portfolio into gold. And keep in mind that not everyone in the gold business is on the up-and-up. Be careful whom you deal with.
Lots of companies in the gold business are pretty shady and won’t hesitate to sell you gold and silver at vastly inflated prices.
Pro Tip: Protect your wealth with an asset that can hedge against the damaging effects of a recession and financial calamity by opening a gold IRA.
2. He gets lots of advice
Trump is surrounded by experts advising him on everything from policies to investment management.
Smart move: The right expert can return a lot more than they cost.
Example: A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you managed it yourself, but more than $3.4 million if you worked with a financial advisor. That’s twice as much!*
Pro tip: If you’ve got at least $100,000 in investments, check out a free service called SmartAsset. You fill out a short questionnaire and instantly get matched with up to three vetted financial advisors in your area, all legally bound to work in your best interests.
* Please carefully review the methodologies employed in the Vanguard white paper, “Putting a value on your value: Quantifying Vanguard Advisor’s Alpha.”
3. He takes care of his family
Trump would go to great lengths to ensure his family’s well-being, but what happens if he’s not there? Who will manage the household affairs? This is where life insurance steps in to provide security.
Enter life insurance. These days getting life insurance easier than ordering pizza. Just a few clicks from your couch, no doctors poking or prodding. Answer some quick health questions, and boom — a personalized quote in under 5 minutes.
Pro tip: Here's one place to get a free, no-obligation quote.
4. He loves real estate
Donald Trump doesn’t have to disclose specifics when it comes to how or where he invests, so there’s no way to really know what he’s doing with his money. But we certainly know one thing: He owns commercial real estate.
So can you. And you don’t need a Trump-sized fortune to get started.
In the past, investing in commercial real estate, like apartment or office buildings, required tons of money and oodles of expertise.
Not anymore, thanks to an online investing platform called Fundrise. Now everyone can own a slice of a major real estate portfolio for as little as $100.
Pro tip: Want to be like The Donald? Check it out.
5. He turns bottles into profit
Donald Trump’s investment strategy extends beyond his well-known real estate ventures, showcasing a keen eye for unique opportunities. In 2011, Trump made a savvy move by acquiring the 1,300-acre Trump Winery estate in Virginia for a mere $8.5 million through foreclosure auctions and private purchases. This investment demonstrated Trump’s ability to spot undervalued assets and transform them into profitable ventures.
While Trump’s winery investment has proven successful, not everyone has access to such large-scale opportunities. However, there’s an exciting alternative for those looking to diversify their portfolio with fine wines and spirits.
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6. He’s a master at finding tax-free cash
Trump’s real estate tax strategies reflect decades of industry-specific tax advantages. The real estate industry has historically enjoyed uniquely favorable tax treatment, which Trump has both benefited from and helped shape through his influence. His approach to real estate taxation demonstrates skilled use of available tax benefits.
Looking forward, Trump’s proposed policies continue to emphasize tax cuts and deregulation, which could create new opportunities for real estate investors.
Pro Tip: Struggling with payments in retirement? A reverse mortgage can turn your home equity into tax-free cash for seniors 62+, no house sale required. Use the funds for medical bills, home repairs, or even that dream vacation—without monthly payments!
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