President Trump will soon be the President of the United States. Here are some ways to make money on this change.
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3 Ways To Profit From Trump Presidency - Where To Invest With Trump | Minority Mindset - Jaspreet
I know that this change brings up a lot of emotions, but it’s time to look in the mirror and ask ourselves a very serious question, how can we make money on Donald Trump becoming the President?
Here are 3 ways you can make money from Trump’s presidency. Keep in mind I’m just giving you my thoughts based on Trump’s proposals, So make sure you do your own research!
1, start a business. Now I know I’ve been saying this for a long time, but this time, it’s a little different.
Donald Trump wants to change the way small businesses like LLCs are taxed. Right now, when you make money from your business you have to pay personal income tax.
That means if you make a million dollars from your business using today’s tax code, you would have to pay about $356,000 in income taxes using the today’s tax rates.
Donald Trump’s proposal makes it so that all business income would be taxed at a maximum of 15%. So if I make the same $1,000,000 from my business under this new proposal, I would only have to pay $150,000 in income taxes.
Right now I have to pay $356k in taxes, and with the new proposal I’d only be paying $150k with everything else staying the same. That’s $200,000 more in my pocket all because I made my money through my business instead a job
You can probably see that this proposal is trying to incentivize entrepreneurs to start their own businesses so we can create more job
2, invest where Donald Trump wants to invest. Right now, Donald trump says he wants to invest $1 trillion dollars in the country’s infrastructure over the next 10 years.
Well, if you don’t own a construction company, don’t worry you can still share in the upside by investing in construction related companies that are involved in building bridges and roads
So who should you invest in? Well, you have a few options. You can invest in the steel or copper commodities itself by buying shares of physical metals if you think the increased demand will force the prices of metals used in construction to go up.
Or you can invest in the construction companies that will be doing the work. There’s a whole bunch of them out there but since we don’t know what’s going to get approved, yet, I can’t tell you who’s going to benefit. But keep your eyes on this.
3, look into investing in companies like Apple and Microsoft that have a lot of cash sitting in offshore bank accounts
These big companies don’t access the trillions of dollars they have saved up because if they they, they’d have to pay huge amounts of money in taxes that they don’t want to pay. But Donald Trump said he will give these companies a huge tax break called a Repatriation Tax Holiday so they can bring that money back into our US circulation without huge tax consequences.
That means these big companies will have a lot more cash on their balance sheets that they can ideally use to grow bigger
Or they might use this money to pay dividends to their shareholders or buy back company stock like they did 2004,
So which companies have a lot of money off shore? As of September the top 5 companies are Apple, Microsoft, Cisco, Oracle, and Alphabet.
Here’s one very important tip I want you to remember, when it comes to buying stocks, be patient, don’t overpay for a company. I know it’s not easy when everyone’s buying, but wait for the stock market to come down before you buy.
If you are unfamiliar with how to buy and sell stocks, you can do it by going through a brokerage like TradeKing.com
All you got to do is create an account, and then the brokerage has their own research and learning platform that you can use, when you find a stock you want to buy just enter it in with how many shares you want and boom you’re done.
Plus, TradeKing.com is giving Minority Mindset followers $100 worth of free trade commissions for investing just $1
Remember, nothing is guaranteed, and you aren’t guaranteed to make money in the stock market
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Based in Detroit. #Punjab