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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will answer this in good faith. Between Gwen and Tim, they have 4 pensions (army, teacher, teacher, congressman). Between that and social security, their retirement is secure.

For a very long time, they were a dual income teacher/teacher household. You know how much money they make. For a long time, they tried IVF to have children. You know how much that costs. He has put money into his children’s 529 plan. They had a house that they sold when he moved into the governor’s mansion. Until his decision to run for office, the Walz family had a perfectly middle class life.

This is not a failure, it’s a good thing. He didn’t sell himself out and make himself beholden to special interests, which means that he could actually work on behalf of his constituents without external pressures. I think we have became so used to corruption in politics that when we see someone who is not, it seems like a bad thing. [/quote]

He actually has 5 pensions. You’re not counting his pension as current gov, which will allegedly be $60,000 a year. [/quote]

I tried to figure it out, I think with a single term probably half of that. But [quote]What he has not done, is to enrich himself while in office. [/quote][/quote]

Saving money and wisely investing them is not illegal enrichment, it is indicative of financial education and wisdom. I am an immigrant and I don't know anyone who does not own a house by the age of 40 and who does not have at least a million in various investments by the age of 40. To be old as Tim and not to own a house and not to have any investments other than government pensions is very concerning. If he cannot manage his own money and his own spendings, how we can trust him with our money?[/quote]

This is such a bizarre take, and I say this as an immigrant with investments and a home.  If you have enough of a pension to support you for the rest of your life, what exactly is the problem?[/quote]

He owned a house. He sold it, when he moved into the governor's mansion. He will surely buy a new house.[/quote]

Surely? He might be outpriced now to buy the house. [/quote]

He has investments - they don’t show up on the financial disclosure forms because certain types of investments don’t have to be listed. He has multiple pensions and no debt so has a positive high enough net worth. Managing money well means having enough coming in to cover expenses and having enough extra for emergencies. Wall more than meets that definition. And either you know that and are just trying desperately to make Walz look bad (but aren’t fooling anyone) or you have zero understanding of finances. This dog won’t hunt with middle America who would LOVE to be in Walz’s financial shoes.[/quote]

DP.  Stop spreading misinformation.  He has NO investments, other than the very modest pensions.

Walz's net worth comes from his and his wife's salary and pensions.
The couple do not own stock or have any real estate investments.

https://www.newsnationnow.com/politics/2024-election/tim-walz-net-worth/#:~:text=A%202019%20disclosure%20estimated%20the%20pensions%20to%20be,a%20federal%20retirement%20benefit%20of%20%2455%2C000%20per%20year.[/quote]

DP. You’re the one spreading misinformation. You’ve been told multiple times that he didn’t have to disclose his 401(k)s. Those usually contain stocks. [/quote]

Although 401ks do usually "contain stocks" that is not the same as owning stock, i.e., ownership of shares in individual stocks.
[/quote]

??? What are you talking about? It is absolutely the same thing.[/quote]

Not really, because you don't buy and sell individual stocks in a 401k. You can have self-directed brokerage account within a 401k, I realize, but how many people even do that?
Aside from the fact that Walz is highly unlikely to have a 401k since his employment was not in the private sector, AFAIK he went right into teaching (one year in China before teaching in the US)
[/quote]

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