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𝘕𝘰𝘸, 𝘧𝘰𝘳 𝘢 𝘭𝘪𝘮𝘪𝘵𝘦𝘥 𝘵𝘪𝘮𝘦, 𝘩𝘦’𝘴 𝘳𝘦𝘷𝘦𝘢𝘭𝘪𝘯𝘨 𝘩𝘪𝘴 #1 𝘴𝘵𝘰𝘤𝘬 𝘧𝘰𝘳 2023… [Mobile logo MES](   [MES main logo](     The #1 stock for 2023 Dear Reader, Investment expert Brad Thomas knows how to pick stocks. He bought Starbucks back in 2006… He bought Nike in 2003… And he and his team delivered a perfect track record from March 2020 to September 2022. Now, for a limited time, he’s revealing his #1 stock for 2023… [Get its name here.]( Sincerely, Shakila Choudhry Managing Editor, Intelligent Income Investor Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it the Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses and later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series The Apprentice. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 presidential election as the Republican nominee against Democratic nominee Hillary Clinton despite losing the national popular vote.[a] He became the first U.S. president with no prior military or government service, with his election and policies sparking numerous protests. The 2017–2019 special counsel investigation established that Russia interfered in the 2016 election to favor the election of Trump. Trump promoted conspiracy theories and made many false and misleading statements during his campaigns and presidency, to a degree unprecedented in American politics. Many of his comments and actions have been characterized as racially charged or racist, and many as misogynistic. Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding towards building a wall on the U.S.–Mexico border, and implemented a policy of family separations for apprehended migrants. He rolled back more than 100 environmental policies and regulations in an aggressive attempt to weaken environmental protections. Trump signed the Tax Cuts and Jobs Act of 2017, which cut taxes for individuals and businesses and rescinded the individual health insurance mandate penalty of the Affordable Care Act. He appointed 54 federal appellate judges and three U.S. Supreme Court justices. Trump initiated a trade war with China and withdrew the U.S. from the proposed Trans-Pacific Partnership trade agreement, the Paris Agreement on climate change, and the Iran nuclear deal. Trump met with North Korean leader Kim Jong-un three times, but made no progress on denuclearization. He reacted slowly to the COVID-19 pandemic, ignored or contradicted many recommendations from health officials in his messaging, and promoted misinformation about unproven treatments and the need for testing. Trump lost the 2020 presidential election to Joe Biden but refused to concede defeat, falsely claiming widespread electoral fraud and attempting to overturn the results by pressuring government officials, mounting scores of unsuccessful legal challenges, and obstructing the presidential transition. On January 6, 2021, Trump urged his supporters to march to the U.S. Capitol, which many of them then attacked, resulting in multiple deaths and interrupting the electoral vote count. Trump is the only American president to have been impeached twice. After he tried to pressure Ukraine in 2019 to investigate Biden, he was impeached in December by the House of Representatives for abuse of power and obstruction of Congress and acquitted by the Senate in February 2020. The House impeached Trump a second time in January 2021, for incitement of insurrection, and the Senate acquitted him in February. In December 2022, the House January 6 Committee recommended criminal charges against Trump for obstructing an official proceeding, conspiracy to defraud the U.S., and inciting or assisting an insurrection. Scholars and historians rank Trump as one of the worst presidents in American history.[1][2] Since leaving office, Trump has remained heavily involved in the Republican Party. In November 2022, he announced his candidacy for the Republican nomination in the 2024 presidential election. In March 2023, a Manhattan grand jury indicted Trump on 34 felony counts of fraud, making him the first former U.S. president to face criminal charges; he pleaded not guilty to all counts. Early and personal life Early life A black-and-white photograph of Donald Trump as a teenager, smiling, wearing a dark pseudo-military uniform with various badges and a light-colored stripe crossing his right shoulder Trump at the New York Military Academy in 1964 Donald John Trump was born on June 14, 1946, at Jamaica Hospital in the borough of Queens in New York City,[3][4] the fourth child of Fred Trump, a Bronx-born real estate developer whose parents were German immigrants, and Mary Anne MacLeod Trump, an immigrant from Scotland. Trump grew up with older siblings Maryanne, Fred Jr., and Elizabeth, and younger brother Robert in the Jamaica Estates neighborhood of Queens, and attended the private Kew-Forest School from kindergarten through seventh grade.[5][6][7] At age 13, he was enrolled at the New York Military Academy, a private boarding school,[8] and in 1964, he enrolled at Fordham University. Two years later, he transferred to the Wharton School of the University of Pennsylvania, graduating in May 1968 with a B.S. in economics.[9][10] In 2015, Trump's lawyer Michael Cohen threatened Trump's colleges, high school, and the College Board with legal action if they released Trump's academic records.[11] While in college, Trump obtained four student draft deferments during the Vietnam War era.[12] In 1966, he was deemed fit for military service based upon a medical examination, and in July 1968, a local draft board classified him as eligible to serve.[13] In October 1968, he was classified 1-Y, a conditional medical deferment,[14] and in 1972, he was reclassified 4-F due to bone spurs, permanently disqualifying him from service.[15] Family Main article: Family of Donald Trump In 1977, Trump married Czech model Ivana Zelníčková.[16] They had three children: Donald Jr. (born 1977), Ivanka (born 1981), and Eric (born 1984). Ivana became a naturalized United States citizen in 1988.[17] The couple divorced in 1990, following Trump's affair with actress Marla Maples.[18] Trump and Maples married in 1993 and divorced in 1999. They have one daughter, Tiffany (born 1993), who was raised by Marla in California.[19] In 2005, Trump married Slovenian model Melania Knauss.[20] They have one son, Barron (born 2006).[21] Melania gained U.S. citizenship in 2006.[22] Religion Trump went to Sunday school and was confirmed in 1959 at the First Presbyterian Church in Jamaica, Queens.[23][24] In the 1970s, his parents joined the Marble Collegiate Church in Manhattan, which belongs to the Reformed Church in America.[23][25] The pastor at Marble, Norman Vincent Peale,[23] ministered to the family until his death in 1993.[25] Trump has described him as a mentor.[26] In 2015, the church stated that Trump was not an active member.[24] In 2019, he appointed his personal pastor, televangelist Paula White, to the White House Office of Public Liaison.[27] In 2020, he said he identified as a non-denominational Christian.[28] Health habits Trump has called golfing his "primary form of exercise" but usually does not walk the course.[29] He considers exercise a waste of energy, because exercise depletes the body's energy "like a battery, with a finite amount of energy."[30] In 2015, Trump's campaign released a letter from his longtime personal physician, Harold Bornstein, stating that Trump would "be the healthiest individual ever elected to the presidency."[31] In 2018, Bornstein said Trump had dictated the contents of the letter, and that three Trump agents had seized his medical records in a February 2017 raid on the doctor's office.[31][32] Wealth Main article: Wealth of Donald Trump Ivana Trump and King Fahd shake hands, with Ronald Reagan standing next to them smiling. All are in black formal attire. Trump (far right) and wife Ivana in the receiving line of a state dinner for King Fahd of Saudi Arabia in 1985, with U.S. president Ronald Reagan and First Lady Nancy Reagan In 1982, Trump made the initial Forbes list of wealthy people for holding a share of his family's estimated $200 million net worth (equivalent to $562 million in 2021).[33] His losses in the 1980s dropped him from the list between 1990 and 1995.[34] After filing the mandatory financial disclosure report with the FEC in July 2015, he announced a net worth of about $10 billion. Records released by the FEC showed at least $1.4 billion in assets and $265 million in liabilities.[35] Forbes estimated his net worth at $4.5 billion in 2015 and $3.1 billion in 2018.[36] In its 2021 billionaires ranking, it was $2.4 billion (1,299th in the world), making him one of the wealthiest officeholders in American history.[37] Journalist Jonathan Greenberg reported in 2018 that Trump, using the pseudonym "John Barron" and claiming to be a Trump Organization official, called him in 1984 to falsely assert that he owned "in excess of ninety percent" of the Trump family's business, to secure a higher ranking on the Forbes 400 list of wealthy Americans. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on the Forbes 400 rankings of 1982, 1983, and 1984.[38] Trump has often said he began his career with "a small loan of one million dollars" from his father, and that he had to pay it back with interest.[39] He was a millionaire by age eight, borrowed at least $60 million from his father, largely failed to repay those loans, and received another $413 million (adjusted for inflation) from his father's company.[40][41] In 2018, he and his family were reported to have committed tax fraud, and the New York State Department of Taxation and Finance began investigating.[41] His investments underperformed the stock and New York property markets.[42][43] Forbes estimated in October 2018 that his net worth declined from $4.5 billion in 2015 to $3.1 billion in 2017 and his product licensing income from $23 million to $3 million.[44] Contrary to his claims of financial health and business acumen, Trump's tax returns from 1985 to 1994 show net losses totaling $1.17 billion. The losses were higher than those of almost every other American taxpayer. The losses in 1990 and 1991, more than $250 million each year, were more than double those of the nearest losers. In 1995, his reported losses were $915.7 million (equivalent to $1.63 billion in 2021).[45][46][33] Over 20 years, Trump lost hundreds of millions of dollars and deferred declaring $287 million in forgiven debt as taxable income. His income mainly came from his share in The Apprentice and businesses in which he was a minority partner, and his losses mainly from majority-owned businesses. Much income was in tax credits for his losses, which let him avoid annual income tax payments or lowered them to $750. In the last decade, he balanced his businesses' losses by selling and borrowing against assets, including a $100 million mortgage on Trump Tower (due in 2022) and the liquidation of over $200 million in stocks and bonds. He personally guaranteed $421 million in debt, most of which is due by 2024.[47] As of October 2020, Trump had over $1 billion in debts, secured by his assets. He owed $640 million to banks and trust organizations, including Bank of China, Deutsche Bank, and UBS, and approximately $450 million to unknown creditors. The value of his assets exceeds his debt.[48] Business career Main article: Business career of Donald Trump Further information: Business projects of Donald Trump in Russia Real estate Exterior ground view of Trump tower, a contemporary skyscraper with a glass curtain and stepped façade Trump Tower in Midtown Manhattan Starting in 1968, Trump was employed at his father Fred's real estate company, Trump Management, which owned middle-class rental housing in New York City's outer boroughs.[49] In 1971, he became president of the company and began using the Trump Organization as an umbrella brand.[50] Manhattan developments Trump attracted public attention in 1978 with the launch of his family's first Manhattan venture, the renovation of the derelict Commodore Hotel, adjacent to Grand Central Terminal. The financing was facilitated by a $400 million city property tax abatement arranged by Fred Trump,[51] who also, jointly with Hyatt, guaranteed a $70 million in bank construction financing.[52] The hotel reopened in 1980 as the Grand Hyatt Hotel,[53] and that same year, Trump obtained rights to develop Trump Tower, a mixed-use skyscraper in Midtown Manhattan.[54] The building houses the headquarters of the Trump Corporation and Trump's PAC and was Trump's primary residence until 2019.[55][56] In 1988, Trump acquired the Plaza Hotel in Manhattan with a loan of $425 million (equivalent to $974 million in 2021)[33] from a consortium of banks. Two years later, the hotel filed for bankruptcy protection, and a reorganization plan was approved in 1992.[57] In 1995, Trump sold the Plaza Hotel along with most of his properties to pay down his debts, including personally guaranteed loans, allowing him to avoid personal insolvency.[58][59] In 1996, Trump acquired the mostly vacant 71-story skyscraper at 40 Wall Street, later rebranded as the Trump Building, and renovated it.[60] In the early 1990s, Trump won the right to develop a 70-acre (28 ha) tract in the Lincoln Square neighborhood near the Hudson River. Struggling with debt from other ventures in 1994, Trump sold most of his interest in the project to Asian investors, who were able to finance completion of the project, Riverside South.[61] Mar-a-Lago Main article: Mar-a-Lago In 1985, Trump acquired the Mar-a-Lago estate in Palm Beach, Florida.[62] In 1995, he converted the estate into a private club with an initiation fee and annual dues. He continued to use a wing of the house as a private residence.[63] In 2019, Trump declared Mar-a-Lago his primary residence.[56] Atlantic City casinos The entrance of the Trump Taj Mahal, a casino in Atlantic City. It has motifs evocative of the Taj Mahal in India. Entrance of the Trump Taj Mahal in Atlantic City In 1984, Trump opened Harrah's at Trump Plaza, a hotel and casino in Atlantic City, New Jersey, with financing and management help from the Holiday Corporation.[64] It was unprofitable, and Trump paid Holiday $70 million in May 1986 to take sole control.[65] Trump had earlier bought a hotel and casino in Atlantic City from the Hilton Corporation for $320 million. On completion in 1985, it became Trump Castle. His wife Ivana managed it until 1988.[66][67] Trump bought a third Atlantic City venue in 1988, the Trump Taj Mahal. It was financed with $675 million in junk bonds and completed for $1.1 billion, opening in April 1990.[68][69] Trump filed for Chapter 11 bankruptcy protection in 1991.[70] He was forced to give up half his initial stake and to personally guarantee future performance.[71] To reduce his $900 million of personal debt, he sold his failing Trump Shuttle airline, his megayacht, the Trump Princess, which had been leased to his casinos and kept docked, and other businesses.[72] In 1995, Trump founded Trump Hotels & Casino Resorts (THCR), which assumed ownership of Trump Plaza, Trump Castle, and the Trump Casino in Gary, Indiana.[73] THCR purchased the Taj Mahal in 1996 and went bankrupt in 2004, 2009, and 2014, leaving Trump with 10 percent ownership.[74] He remained chairman until 2009.[75] Sometimes, colleagues of My Effective Strategies share special offers with us that we think our readers should be made aware of. Above is one such special opportunity that we believe deserves your attention.   [MES logotype footer]( Keep up to date with the world of investing and finance by [whitelist us](. Copyright © 2023 My Effective Strategies. All Rights Reserved. 594 Broadway, New York, NY 10012, United States [Privacy Policy]( l [Tеrms & Conditions]( l [Unsubscribе](