What if a young Donald Trump had invested his money in the simplest of index funds instead?
By Kent Thune, InvestorPlace Sep 14, 2015
Like many curious onlookers of his political campaign for U.S. president, you may wonder exactly how Donald Trump became a billionaire.
But you likely won’t find people wondering how Trump’s net worth would have grown if he simply parked his money in a passively managed index fund like Vanguard 500 Index (VFINX).
If you asked Trump how he amassed his billions, he’d likely say he did it with bold real estate development deals and smart business management. The Donald may also throw in a few lines about how he graduated from the Wharton School of the University of Pennsylvania.