Ilhan Omar
- Thread starter TigerGrowls
- Start date
Did he have a Learing Center also?
Now, now ... no one hinted at the financial disclosures being inaccurate ... it's almost like that's where you're heading while you're pretending to be envious of her financial acumen.
My point was that I don't know anything at all about her/her husband's winery business ... I don't believe you do, either ... and there are reasons why the valuation would jump from year to year that don't involve tremendous growth in the initial investment or fraud/fraudulent disclosure. So why are you jumping to conclusions? It's so unlike you ... except when a Dem is involved, of course. Then it's the normal course of business.
Oh, and if you're only netting 500K on a house, I'd suggest putting it somewhere safe, as you're not a position to be entering the venture capital realm.
oh, the 500k is just a small part of my overall net worth. That's coming from a condo, that I use for about 2-4 weeks a year. Last summer decided to buy a bigger one, same building. Still plan to use it just couple of weeks a year, and will keep that one in addition to ours in Florida. Reason why I asked about wealth manager is that I currently have two - one at wells and one with Schwab. But am always looking for additional ones who might be able to add to returns within my risk tolerance. I'm not longer building wealth for myself and my family, we couldn't spend all the money we have we now just invest for the kids and grandkids.. And who says I'm not already in the venture capital realm
I always say there are people who have more than I do and people who have less. Right now there's a lot more who have less based on current net worth calculators.
I love it that you know more about what I'm thinking than I do. I'm not heading toward her disclosures being inaccurate, I'm assuming they are accurate. Therefore the reason for my question.
Where in Florida? My ex-inlaws were in Venice below Tampa. Nice area. My mom's face was funny one year when I told her we were doing Christmas in Venice.
we're near mouse land in Orlando. We belong to a resort and golf club - 3 signature courses - Watson, palmer and Nicklaus. So we stay here for the golf and the weather. Oh, and the lack of income tax just happens to favor Florida as well. We figured that for what I paid in state taxes I could buy a house here. Now Desantis is working on eliminating/reducing non school property taxes as well. Pretty soon the state will be paying people to move here.
It's great that there are so many people who come to Florida , and Orlando, for vacations. When we first bought here there were 40 million visitors a year..now it's up to about 70 million... and growing with the new Epic Universe theme park. Now if Trump doesn't kill the golden goose - we already are down substantially in Canadians this year (seems they didn't like the concept of becoming the 51st state), and some Europeans are finding different vacation spots - Florida will continue to have stable finances
Been wanting to get my son down there as he's getting to the age he'd truly enjoy it. Would just need to take it slow so he isn't too over stimulated lol. Though first on our list would likely be Legoland.
that would be a good start point. The new epic universe is getting great reviews - but there have been 2 deaths on the roller coasters. of course Disney world is Disney world..great for children.
How old is he? only one or are there more little Huckleberry's running around?
Just the one, 9 year old. Would likely love the Harry Potter stuff, Star Wars, Legoland, and then maybe even Seaworld. Don't see him caring about any of the roller coaster stuff (nor would he possibly be tall enough lol).
well all the things you listed are geared for youngsters his age...save your money. These places are getting really expensive
No doubt there. Why we haven't done it before he is old enough to truly enjoy.
yea I see families here with infants and toddlers...they won't remember anything. But mom and dad will be paying out the gazoo for years.
Cool, cool, cool. So, I've never met anyone who lives in a condo and calls it a house ... so, here's to new experiences.
So, you want to invest the 500K you netted from selling your "house condo" ... an amount which you're either already planning to dump back into, or have already dumped back into, another bigger (presumably more expensive, if in the same building) condo, therefore, it's not accessible for investing? Do I have that right? That could be tricky, no doubt. I'm sure you can pull it off.
I didn't think you'd be looking for another wealth manager, since you referenced an investment with venture capital firm, and they are not generally considered wealth managers. It's also not generally advised to have more than one wealth manager, unless you've chosen one that isn't very good and can't handle any particular specialized investments in which you might be interested. But you want 3, I guess. So, hey ... again ... new experiences. Still, a VC firm is not an advisable place to park funds for someone whose second home/condo is a 500K netter. The risk profile is not a fit.
Again, I didn't limit the issues to her disclosures being inaccurate. I clearly stated that there are a number of reasons why the value of her husband's/her winery could have shot up dramatically in a year's time that have nothing to do with fraud OR amazing returns. Simple raising of capital in a startup, for instance.
Now, again, I'm not suggesting any of these options are the correct/accurate options (in fact, from what little I could gleam, the dude seems shady ... and I have no idea how involved/knowledgeable she was about that). Just that, given your insistence on bending over backward, to the point where your fingers touch your heels, at every opportunity whenever a MAGAt has potentially done something wrong, or something otherwise looks bad for the MAGAts in MAGAtville ... it's surprising to see you so quickly adopt a definitive assessment of the situation in the instant case.
It'd be preferable if you could stop the passive-aggressive gamesmanship, and just say what you mean, for once, but if you want to continue playing the game, you're going to need to up your performance, lest you be considered fraudulent yourself.
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whew, where to start..let me begin with wealth managers...I have found that different managers have access to different in vestments..just one example, my schwab company has some kind of relationship with Goldman that puts me into structured agreement with all kind of higher/lower restrictions and higher returns than I can get through wells. I keep wells at the minimum required because, and this may sound as weird as calling a condo a house, is that through my account I have access to their bank which is close to me and sometimes I need to cash checks. Plus, wells is somewhat more restrictive in what their compliance people will let me invest in. Now the other reason is that as a retiree I keep an account, mid six figures, that I play with myself. I've created my own ETFs - not literally - one with municipal bonds, one with preferred stocks and a third with ETFs. Each of these places provides research and I like to go back and forth to see the differences in prognostications and recommendations and then make my own investments. So having a third would give me one more place for the "insider'" info. Helps to keep my mind active. Venture is venture..you give your money and get your statements and that's about it...
On Omar, you are totally misreading my question. I'm only making about a 15% return and I thought that was pretty good. Omar is making considerably more than I. I'm an investor, I'd like to talk to whomever is either making their investments or running the winery just to find out the process. You take my thoughts and somehow convert them to yours...I can't help that.
On my risk tolerance. I am at the financial position in life where I can play with risk differently in each of my accounts. I've been 50-50 equities/fixed for a few years now in my Schwab account. I am considerably more conservative with wells, one of my principal investments there are 2 annuities that I bought, at the bottom in 2008 soley for the death benefits. They give me a 5% (in one) and 6% in the other growth in benefit for year. I can withdraw that % each year without decreasing the amount of the death benefit.
On real estate, my wife and I have been investors there as well. I was in the military, and when we generated enough cash, we bought properties, our model was luxury condos, 2 BR or less. So we had one on Oahu, one on the gold coast in Chicago and, at the peak, 3 in northern Virginia. We're out of that business now. We only have real estate for us..one condo in Northern Va and one in Florida. We paid cash for the one in Va, significantly higher than the $500k one and a house in Florida where I have a mortgage. I took the mortgage at 2.5% because I make more than that on the money. We're selling the smaller condo in Northern Virginia and, as I said I'm hoping to net $500 k, that I'll have to invest.
So finally, I don't know anything about wineries other than that they produce wines. There might be some tax benefits outside those of a normal business, but if there are I don't know about it. So, in spite of your seemingly passive aggressive comments, if there a way I could turn $15,000 into $15 million, or whatever the number is, I'd find that interesting. In fact as you said there are multiple ways to do that, I'm interested in picking your brain. I've got $15,000 in my checking account that I'd consider for that kind of return.
Now, I've said what I mean. I can't be any clearer
EDIT: @Moogy here's an AI answer you might find interesting
Yes, Representative Ilhan Omar's reported net worth increased significantly in her 2024 financial disclosure filed in May 2025, showing a jump from roughly $40,000–$250,000 in 2023 to between $6 million and $30 million.
Key details regarding this increase include:
- Source of Wealth: The dramatic rise is almost entirely tied to two business ventures involving her husband, Tim Mynett:
- Rose Lake Capital LLC (a venture capital firm) jumped from a valuation of under $1,000 in 2023 to between $5 million and $25 million in 2024.
- eStCru LLC (a winery) rose from a valuation of $15,000–$50,000 to between $1 million and $5 million.
- Context: The 3,500% increase, reported in her 2024 disclosure filed in May 2025, followed public comments in February 2025 where she stated she was "not a millionaire" and had student loan debt.
- Response & Investigation: Omar has denied wrongdoing and dismissed the scrutiny as a "right-wing disinformation campaign". The House Oversight Committee has launched an investigation into the sudden surge in her reported assets.
- Clarification on Valuation: Reports note that these figures represent the total valuation of the businesses, not necessarily the value of her husband's specific ownership stake.
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Jeeesus ned. don't do that. don't feed the trolls. You don't have to explain yourself. Hey, btw, i see you mentioned Oahu. Loved our two years in Hawaii.
we loved Hawaii, I was there with 25th Infantry and we had a commanding general who believed that a Hawaii assignment was a great opportunity to engage/reengage with families. So he encouraged subordinate commanders to provide as much time off as possible. I had a great boss (S3) who let me teach college level courses at night and even an at lunch course - surprised the he-- out of me, but I earned enough money to buy our first condo.
My wife and I really enjoyed the Army. It suited our personalities and provided opportunities - my MBA and wife's BA and MA. Would have stayed forever, but the military is a young man's game
I don't mind. My wife and I have been very successful in life. I used to think that boards like this would be a great opportunity to transfer information to the benefit is all the posters..things like technology for the home, education tips, financial things..like @Dadar and his use of options....But these days this board, at least, has turned into a "mine's bigger than yours", or "you're a moron". dem vs Republican back and forth. It could be so much more.
There are people on here who have broad experiences whose knowledge could benefit us all...but....
Were you on Oahu too? Is that the only island with a military presence? Was my least favorite since it was so touristy, so just curious.
Definitely not the one with different lighting on Omar, where she’s wearing the exact same outfit she was attacked in. Couldn’t be that one.
We need forensic analysis otherwise it's he said she said.
Disagree with your analysis of this pic. Lib assumptions in action here. Let's call it in to forensic files. It looked like a cheesy snl skit too with Omar actually chasing the guy and he was squirting her with apple cider vinegar....lmfao.
So your theory is that they planned this, and before they did it they just decided to do a meal in public and take a picture together? Thats your theory?
there was a major training center on the big island we used to fly from Oahu, refuel in Maui then to Hawaii..
Awesome. The main island was the one major I haven't done. For me: Maui > Kauai > Oahu
I had a unique experience during one of the training mission on the big island....while we were there the volcano erupted...of course being young and stupid we all wanted to see from the air. So we load up the helicopter with anyone that wanted to go- to capacity- and off we went...magnificent, but extremely dangerous...we're at about 1500 feet and eruptions were going at least as high as were we, or at least it seemed. All I could think of was one of those spouts hitting the aircraft and all of us going to a not so pleasant demise.
That's amazing. Anyone get pictures or anything? (though on second thought, no offense, this was likely before regular handheld camera's?)
Yes. Lived in Ewa Beach. No, there is military on other islands (big training ground on Hawaii fro examle) but Oahu has the majority even after a lot of military property has been given back to the people. Oahu the one with Pearl Harbor, hickam, schoefield barracks (25th infantry division), ft shafter to name the big ones and where over 70% of the population lives.