Stocks, not so much. As for Hillary Clinton, she has a big stake in a stock index fund. Both like cash.
WHEN IT COMES TO INVESTING in the capital markets, Donald Trump takes big risks with bonds. With stocks, not so much. Regardless, his investments could use some work.
Wading through Trump’s 104-page financial-disclosure report, I found a surprisingly scattershot approach to his investments in stocks, mutual funds, exchange-traded funds and hedge funds, worth about $115 million in all. (All presidential candidates must file annual financial-disclosure reports with the Federal Election Commission.)
Trump, who says he’s worth more than $10 billion, owes the lion’s share of his fortune to real estate, licensing of his Trump brand and other private ventures. His disclosure report lists more than 550 ventures, ranging from hotels to an ice-skating rink.
But 20 pages of the report are devoted to investments in hedge funds, as well as ordinary stocks, bonds, mutual funds and ETFs. The report requires candidates to list the value of their holdings in broad ranges— from $1,001 to $10,000, for example. In each case, I’ve used the midpoint of the range to estimate how much Trump has in a particular investment. For instance, Trump reports owning shares of TJX Cos. worth between $50,001 and $100,000, so I’ve valued his holding of the apparel retailer at $75,000.
Trump is a big fan of hedge funds—lightly regulated investment pools that give their managers a lot of leeway—holding about $58.5 million in eight funds. He has a special fondness for hedge funds that invest in risky corners of the bond market, including junk bonds and distressed debt (debt of companies near or currently going through bankruptcy).
Denne historien er fra October 2016-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 2016-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
HOW INFLATION ADJUSTMENTS WILL AFFECT YOUR TAXES
We looked at IRS rules for 2025 on everything from tax brackets to how much you can save in retirement accounts.
GUARD AGAINST IDENTITY THEFT IN THE NEW YEAR
Scammers are getting better at impersonating legitimate businesses.
SHOULD YOU BUY PET HEALTH INSURANCE?
You can fend off big veterinary bills with a policy that covers your furry companion.
THE LOWDOWN ON BUYING A VACATION HOME
If you return to a beloved destination again and again, purchasing a home there may be a smart move-but don't overlook the costs and effort that go into it.
HOW COUPLES CAN MANAGE DIFFERING RETIREMENT TIME LINES
Staggered retirement is increasingly common, but it can create financial and emotional challenges.
AVOID THESE CREDIT MISSTEPS
KIPLINGER ADVISOR COLLECTIVE
WHAT YOU NEED TO KNOW ABOUT WORKING FOR YOURSELF
Whether you're looking for a side gig or planning to start your own business, it has never been easier to strike out on your own.
My Top 10 Stock Picks for 2025
SINCE 1993, I have offered an annual list of 10 stocks with the potential to beat the market in the 12 months ahead. My 2024 selections notched the highest return ever: an average of 48.9%. I beat the S&P 500 index by 10.8 percentage points, and every one of my stocks was up-six by more than 30%.
WHAT MAKES AN ETF SUCCESSFUL?
EXCHANGE-traded funds have exploded in popularity, with the industry now reaching the milestone of $10 trillion in assets.
TIPS FROM INSIDERS
When corporate insiders buy or sell, it can offer clues on whether you should do the same.
