The worst political investment

Is funding your own campaign smart? Not according to this article:

At first blush, the record of candidates who have poured $5 million or more of their own money into a race might be seen as 'pathetic,' argues Jennifer Steen, an expert on self-funding candidates at Boston College.

Candidates who self-fund may think they don't have to fundraise, but when people donate to you, they are investing in your campaign (and will certainly vote for you). The bottom line is that -- no matter how much money you've got -- it's a hard business -- and you've still got to work hard.