Archived threads in /biz/ - Business & Finance - 5615. page

>>1968582
just lower your contribution to zero for a year and use that money to invest.

>>1968582
Terminally ill or retarded?

>>1968582
You can transfer the money from a 401k into a IRA account without taking a tax penalty. Once the cash is in an IRA, you can invest in stocks/bond/futures/options/etc like anyone can do with a brokerage account.

But the failure rate is high, most retail traders never beat the market, better to just put the cash in a S&P500/DOW fund

>>1968577
Start sucking dick

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>>1968577
Don't pay it. What can they practically do? Or start a payment plan over 6 months that you negotiate to start in two weeks.

Capitalism relies on your internal conditioning to make you sweat about this. They have very little in the way of practical methods for getting the money from you.

>>1968660
This, if you can't pay they'll work with you. They pursue so many people for unpaid taxes, you approaching them straight-up about a payment plan would be very well received. Begin the more time consuming methods of earning money today to lessen the financial impact from you beginning to pay your taxes in 2 weeks.

Just bought, gonna be a comfy ride!

>>1968553
sounds fair tbqhfamalam

Fair enough

Hopped on for some comfy gains

>>1968550

Please fuck off of /biz/, coin dev shill.

>>1968556
it literally has "fair" in its name anon, this is the next PIVX

i smell moon with thT VOLUME INCREASE

>2kb

i wont lie to you, i like the looks of that order book.... might throw in a little bit.

Ok, ok, you twisted my arm. I'll put it in a bit. That does look pretty good:

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>>1968515

>>1968515
I would honestly not be surprised if some chinkshit company did this and managed to turn a profit through some convoluted 3rd world legal mumbo jumbo

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>>1968515

>>1968493
your not considering all the extra coata and fees of being a landlord, not to mention the ass exensive property taxes and actually filling all your rooms. if something breaka, your going to be getting calls at 2 pm to fix it. you arent going to be getting good tenants AND making good rent, especially in a college town. expect parties and peolle selling drugs out of your duplex. when some college kid trashes one of your apartments and skips town, you'll be the one cleaning up AND paying cor the repairs. Its hard asspain work and youll still be broke and probably not be profitable even.

short answer: no, you retard.

>>1968493

As long as the price of the finished building is only 50x the monthly rental rate, its hard to lose money. If the cost of the building is more than 100x monthly rent you will be most likely losing money every month after accounting for shit like amortized roof replacement costs and bullshit like that.

100% of landlords that lose money got there by paying too much for the building up front.

>>1968513
I would live in the house. I don't care about parties or noise, but drug dealing would be easy to stop, and prevent. Home repair is a hobby of mine, so fixing a leaky faucet or replacing a furnace is no big deal. If someone bails on me I'll keep their deposit, and paint the room and rent it out again. I could charge more in a college town per room than any other city. Two rooms will easily cover the mortgage, and taxes.

Bloomberg has a bunch that I love (my favorites are Odd Lots, Decrypt, Benchmark and Deal of the Week) that come out daily and each podcast has a theme. I also listen to Software Engineering Daily which has some pretty interesting people on it

>>1968492
Oops I meant the Bloomberg ones come put weekly

>>1968492
>bloomberg

>>1968454
1$ this year.

>>1968454
fuck outta here madman u flaming faggot

>>1968543
madman had nothing to do with the original Magi thread, in fact he shit all over it and claimed he was "playing the man", /biz/, and was proud of a measly $300.
OP decided /biz/ was just too fucking retarded to understand a market and fucked off never to be heard from again. Sad because he had great information and I would have loved to talk to him more.

I'm still here OptionsSempai shoot me a message on discord MahouShoujoChan

>>1968372
My bad, I meant this Thursday, not next

Yeah I'm holding a bag aswell, waiting for the release this thursday.
Really don't know why /biz isn't talking about this either, beta release made it go up to 70k sats and they broke the 30k sell wall of 120+btc yesterday

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I don't get these game coins.
The games I've seen so far seemed generic as fuck. But I guess the market doesn't care.

>>1968366
its so adorable that its almost motivating me to throw my life savings into it

>trusting a fucking bean

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Quick as a Jumping Bean!

I'm not a real estate guru, but I'm curious to hear more about this subject from someone who knows what they're talking about. Bump.

>>1968327
I can't speak for Portland, but Seattle is one of the hottest markets in the country right now. The cap rates are really low, so if you're looking more for current income rather than speculating on prices rising further into the stratosphere, you might be better off looking elsewhere.

>>1968623
yes im aware

I was speaking of bremerton, edmonds, tacoma.

Nonexistent. /biz/ was created to be a crypto containment board to get them off /g/.

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>>1968325
This. I barely even come here anymore, /biz/ has nothing to do with business, it's just /r/WallStreetBets - 4chan Edition.

Let's just go through the first couple pages:

>crypto
>"how much money do I need for a girl"
>daytrading
>"I have x dollars, what should I invest in?"

There's a real estate investment thread with no replies. One thread about Goldman's CEO. No replies. US taxation question, a few replies. Almost no real discussion while the bullshit crypto and daytrading threads shit up this board.

The only reason I still come to /biz/ is because it's just habit to type "4chan.org/biz/" into the address bar. This board and almost everyone on it is fucking stupid and a waste of time. Jacking off is literally more productive than going on this board.

>>1968323
>What was /biz/ like before the rise of crypto currency?
It was glorious. We had extensive discussions about indexing, value investing, savings rates, fundamental analysis, early retirement, and long-term financial planning. We all laughed at the day traders, forex jockeys, coinfags, and TA gurus. There were even multi-millionaires who regularly shared their advice and experience out of the goodness of their hearts.

J/k. It was "sell me this pen" and "how do i turn $5 into $50,000 with weed stocks." And the cryptofags were always here.

Well we have a different tax rate for long-term capital gains. It goes from 0% to 15% to 20% depending on your tax bracket.

>>1968271
Interesting, it seems like the math works out the same, but Canada is more willing to accept short-term investments while the US encourages long-term ones.

>>1968277
Yeah, short-term capital gains are taxed at your ordinary rate.

You're supposed to hodl.

>>1968249
youre a little late with this advice bro

>>1968249
ITT: Angry bagholder that got BTFO'd by shills wants to return the favor out of spite

>>1968254
Check the charts.