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NuXCOM_90Percent ,

Honestly? That makes me really concerned about his long term wellbeing and raises a few orange flags for how he can be compromised. Owning individual stocks is very questionable. Investing heavily in a mutual fund or some other managed portfolio is common sense for anyone win a position where retirement is an option.

But also? Fuck yeah.

krellor ,

Things like mutual funds, IRAs, etc, are not considered securities and are not disclosed on economic interest disclosure forms. That is true for most government disclosures, including in Minnesota. Minnesota only requires disclosing directly held securities, like stocks, with a certain value. E.g., if you own $10,000 in Apple stock, that needs to be disclosed, but owning $10,000 in mutual funds shares does not.

sunzu ,

Fake news pumping this guy as the new jesus, if the half the shit is true, then why is this guy not the presidential nominee for democrats?

Wtf is Kamala bringing to the table?

JimmyBigSausage ,

A lot more than you are contributing to Lemmy. 🤡

count_dongulus , (edited )

Experience as vice president for an incumbent president, and more name recognition across the US.

The presidential nominee needs broad support and recognition, with the VP essentially filling out political gaps. Voters are likely more comfortable with a name they know, leading to greater turnout. It also significantly reduces campaign cost to outcome ratio because the voter base doesn’t first need to be educated about who the candidate is. People have limited attention spans, and you want to focus campaign dollars on the things that will move the needle most. This particular VP pick is not well known across the US, unlike the presidential nominee shortlist before Harris was chosen where some of those contenders overlapped with the VP shortlist.

1000Lizards ,

Also, less uncertainty and complexity taking over the nomination when Biden bowed out.

kittenzrulz123 ,

Im surprised, he seems like a good person. So far the only critique I’ve heard is some people argue Josh Shapiro would have been a better pick.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

Me neither, Tim. Never have, never plan to buy any. If somehow I inherit some stock, I won’t know what to do with it.

dan ,
@dan@upvote.au avatar

Do you have a retirement account like a 401k or IRA? That’s almost certainly invested in stock.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

I do not.

FundMECFSResearch ,

“oh no, he wont care if my stocks fall” - finance bros, probably

Deceptichum ,
@Deceptichum@quokk.au avatar

Damn if a triple digit income is living relatively modestly I’m the fucking Buddha.

Must say though, the media is doing an ok job of selling me on this pick.

FundMECFSResearch ,

POV: you’re on disability benefits, given 8k per year, and the government/ruling class treats you as if you’re stealing money and lazy

Also the ruling class/govt: Triple digit salary is relatively modest

sunzu ,

Cute of you to assume that a peasant and member of the club could be compared in such direct way.

Get back to cucking, pleb.

cowfodder ,

Dafuq are you talking about? Please point out what about the comment you replied to was about you.

Broken_Monitor ,

The key word is relative. Relative to the working class? No. Relative to his peers, the many politicians taking advantage of kickbacks and insider trading? Absolutely.

SeaJ ,

It’s still good but they generally have to keep two residences: one on their state and one in/near DC. That’s not cheap.

Deceptichum ,
@Deceptichum@quokk.au avatar

He told the New York Post in 2018 that he shared an apartment in Washington, DC, with Rep. Patrick Murphy — each paying $1,800 a month

$20,000 a year out of $174,000. It’s not ‘cheap’, but I’d do it in a heartbeat if it meant I got such a payrise.

motor_spirit ,

dude doesn’t give a fuck about the shareholders 😮 where are my pearls?

MediaBiasFactChecker Bot ,

Business Insider - News Source Context (Click to view Full Report)Information for Business Insider:
> MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
> Wikipedia about this source

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