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[quote=Anonymous][quote=Anonymous]I'm new to this thread, so I haven't read the whole thing. I came looking for a place to ask this. I saw a WSJ article comparing the finances of both VP candidates. It was just another thing about Walz that left me feeling uneasy. How is a man his age so completely incapable of taking care of his family and himself financially? And with that in mind, how could anybody feel good about him being next in line for the presidency (not that the president is actually running the country, as we now know). I ask this sincerely. I am an independent voter who almost always voted Republican until Trump. Sat out the last election. But cannot see myself voting for this Harris/Walz ticket either. I live in DC, so my vote doesn't matter either way. But of course, almost all my friends are Dems, so I don't talk politics outside the home. When others impose their feelings onto me, they seem just blindly to be so excited about Harris/Walz and I truly find it baffling. She just doesn't engender confidence. And believe me, I want a woman president![/quote]

You're reading too much into it.  It said that he has no stock investments.  He has money, just not invested in a volatile market.  The #1 rule of stock markets is that you should never spend money that you cannot lose in the stock market.  Stocks can turn down as easily as they can turn up.  So, he makes less money on interest having his money in more liquid assets and he does not risk losing it in volatile assets.  He has no home because he sold his home when he became governor, since he would be living in the governor's mansion.  If he wins, they will move into the VPs mansion.  He will buy another home when they need one, e.g. if they lose the election in November or when he leaves the VP mansion (assuming he does not get another job that gives him free housing).  It doesn't say he can't afford a house, but he doesn't own a house.  Why spend to keep up a house if you aren't living in it.  Plus, if you look at the real estate section of DCUM, you'll see threads with complaints about people who moved out of one house and decided to rent and later are complaining about the taxation on the capital gains when they hadn't lived in the house for 2 of the previous 5 years.  Walz was going to be in the governor's mansion for 4 years, which means he would have lost capital gains protection on his money.  And he would have had to pay to keep the property up and cared for while they were not living there.

The article does not say he has no money, but that he has no investments and property.  And for his situation, he had good reasons for the decisions that he made.  Yes, he may be limiting the interest and appreciation he would get, but he also limited the risk.  The article did not note that many other governors and public servants who had provided housing made the same choice to sell their homes, and it has never been made a big issue of, until the comparison with Vance.[/quote]

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