Seems everyday another Democrat throws his or her hat in the ring,
declaring they are a candidate for POTUS.

The most recent is Rep. Seth Moulton (D-MA). I live in MA
and have never heard of him.

Is running for the nomination a serious goal or is it just
something to add to resume's? Many of these declared
candidates don't stand a snowball's chance in hell of
being nominated.

Or is it a financial investment?

Left over campaign contributions after a run for a nomination
or office technically cannot be used for personal use however
the rules that define personal use are full of loopholes.
If a relative of the candidate was officially "hired" to
work in the campaign efforts, the expense of his/her
salary is considered ok to pay. Plus, during the campaign
all the travel expenses, dinners, etc, are part of the
reimbursable expenses.

Losing candidates *are* allowed to funnel excess campaign
contributions to other candidates or to their party's general
funds.

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