Gov. Tim Walz doesn't own a single stock

www.axios.com Just a moment...

21 comments

Woah, not even any mutual or index funds. Just relying on pensions for retirement.

Surprised that he wouldn't have some sort of personal investments. Keeping everything in cash/CDs isn't a great personal finance strategy.
- Maybe not the best strategy for personal financial gain but great for avoiding conflict of interest in politics.
  
  Blind trusts exist for this exact reason.
- Also, no real estate. He sold his house when he moved into the governor’s mansion and even sold it below its $315k list price. What a guy!
  
  Fox headline "Homeless VP relies on Public Housing"
- Maybe it’s an integrity thing? Maybe he felt like having a financial interest in different companies might bias him in an unethical way?
  
  I feel like Index funds kinda removes that aspect.
- Military retirement + (if applicable) military disability + civil service career is a solid source of income.
  
  Sure but if you don't spend all of the cash when you get your paycheck then it needs to sit somewhere
"Then how will he know where to funnel all the money? He's incompetent!" - Republicans
Cant speak for other states but all the working class conservatives around me have come to accept the stock market is not fair and this would only make them respect him at least a little more than they do, if they choose to hear this that is.
That's good news.
- I swear, every time i read about this guy, Hubert opens the door to my brain and comes in saying "Good news everyone!"
Removed as a duplicate, you can see the original post here:

https://lemm.ee/post/39025523
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