This is what the cashier at the local 7-11 might tell you if you tell him you have $10 and would like to play the state lottery.
July 16, 2015
Looks like Trump can pick some stocks
Trump's total self-reported profit on stock sales in 2014? More than $27 million.
How did he do it?
How did a person reportedly worth $10 billion manage to make $27 million in the stock market in a year when the S&P 500 was up 11%? How did his profit reach nearly 0.3% of his net worth?
Let's ask that same 7-11 cashier what he might have told Trump at the start of 2014 if Trump had told him that he had $10 billion and wanted to play on Wall Street.
"Hey, man. Looks like you can pick some stocks."
Here are a few other things that can pick stocks:
1. Kindergartners.
2. Trained monkeys.
3. Dart boards.
4. Rocket scientists.
As they say, bull markets make geniuses out of everyone.
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
11 hours ago
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