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Archived threads in /biz/ - Business & Finance - 5672. page

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So how much truth is there in the idea that Bitcoin, or some other crypto-currency, is going to be the thing which dismantles the stranglehold the banking corporations have? Or is it just a nice niche way to get around having what you buy tracked by others?
43 posts and 8 images submitted.
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Crypto is way better tech than checking accs and credit cards. Some sort of crypto will become reserve currency once a western nation fails (France).
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meme tier
banks will centralise and make the most out of crypto
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>>1944037
What's stopping cypto from taking over? Isn't the point that it can't be regulated?

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Alright anons, my 17 year old younger sister has stumbled onto a REALLY fucking good niche for selling shit online. At first I was skeptical when she told me about it but I did some poking around and there's money to be made for sure. The problem is she doesn't want my help and is treating it more like a hobby than the potential cash cow it could be with some proper branding and social media marketing.

So what do I do? She doesn't want my help and my entire family would despise me if I just set up shop in said niche and outdid her. Seeing as I have actual money to throw around on marketing and some experience with this sort of thing.

Part of me thinks I should just let her have this one, the other part is going crazy knowing how successful the business COULD be.

>inb4 someone asks me what the niche is, not gonna happen.

T. 21 year old minimum wagecuck
12 posts and 2 images submitted.
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>>1943969
Talk with her about starting a serious business together, or don't get involved at all. It's perfectly fine to screw over friends and coworkers, if you get a big reward from it. But screwing over family will haunt you around. Being an asshole will only take you so far, at a certain point you're going to need help, and you don't want your family hating you - especially if you're a minimum wage loser.

And if she says no, then go find another niche. If you're as business savvy as you claim to be then you should be able to out-due your teenage sister.
>>
Well, if you aren't a coward I'd suggest you smoke crack cocaine.
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>>1943969
>Seeing as I have actual money to throw around on marketing and some experience with this sort of thing

Investor here, sounds interesting but without clarification I cannot help you.

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Short example case:

>your boss writes you a sms or a whatsapp massage
>"Stay home tomorow"

How would you react?
24 posts and 3 images submitted.
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>>1943959
"ok"
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>>1943959
If I am salaried.
>sure. I'll still want to know "thing related to my current assignment" so give me a call if that happens.

If I am hourly. I dont respond. I show up tomorrow. I get sent home. Then I invoice them for show-up pay.
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>>1943959
"ez done t.b.h. f.a.m. hmu wen u need "

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what is required to get hired or secure an internship at an investment bank with a mediocre GPA? As long as I get my commerce degree and alot of interesting extra-curricular, would that be enough?
15 posts and 1 images submitted.
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>>1943941
Investment banks are the ones who almost exclusively hire from ivy-league. So you're probably not going to get in with a 2.8 GPA from a no-name college, unless you have tons of connections.

I suggest trying to find a job in a related field, and giving it 110%. If possible try to get a masters in finance/accounting, and then move to a big city. Once you get all of these things in order you'll probably get a good job, but getting into an investment bank is extremely difficult - and even then it's pretty soul crushing.
>>
Tell me about the markets that interest you right now. What changes do you see in the short term and why? How will that affect other, related markets? What is the DOW right now, without looking it up? What's something you've read recently in the Wall Street Journal and how do you think it will affect our investments? Why? What long term affects on the market will it have? What are some risks and opportunities that event creates and why do you think so? What do you think of China's economy and what impact do you see it having on the US markets this year? Why? Do you think the Fed will raise the interest rates and why? What would that mean for you personally? How good at math are you? When did you first realize you had a gift for trading? When did you first realize you were unique? What are some typical valuation models you have personally used when evaluating companies? Please walk me through a DCF. If I asked you to get started today making a trading algorithm, what's the first thing you would do?

If you can answer all these questions at all times with very impressive answers, and you are working towards your degree with a decent GPA, then you have a shot.

Like this guy said though, >>1943953
my opinion might be worthless in this matter because I graduated from Wharton. So from my perspective everyone went into investment banking and those that didn't usually went into their second choice financial service related professions, which most people would consider their first choice.
>>
>>1943967
I say these questions because they are things I remember from my interviews with investment banks.

They were very, very hard interviews and the questions I'm asking are the easier, knowledge-based ones. There were also math tests, probability tests, and lots of personality-related questions.

And I didn't even make it. I became an actuary instead. But if investment banking is really your passion, go for it. It seemed tough when I tried it but I don't know maybe you could have a shot.

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>He isn't trying to break into the biofuel market

It's like you hate getting rich and saving the world.
22 posts and 1 images submitted.
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>>1943926
But this is just a scam fueled by a subsidy called idealism.
>>
>>1943926
It would take me too long to get up to speed to succeed in this market. I don't wanna be exposed to so much political risk either. I dont have the negotiating power that my competion can use to complicate my dealings.
>>
Scam.

A 2 lane highway, with cars traveling at 80kmph, with a moderate distance between them, would require crop fields 8km in width, running alongside it, to provide the biofuel necessary to run those cars.

Gtfo of my face with this know-nothing bullshit.

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Up 4k since Feb edition

Guide: https://docs.google.com/document/d/1Ti-laBUbfmIfyBifCHz5PwTDdJjeGtH_w18OdFhHE1M/pub

gl lads
20 posts and 4 images submitted.
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Does anyone dropship food products? I'm thinking of opening a niche food shop.
>>
Why have anons not been posting there stores lately?

And before anyone asks, I don't have a store yet.
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>>1943938
That just sounds dangerous as shit, but could work well if it's like protein shakes

>>1943940
Nobody wants their store replicated by like 20 people

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>College should be free so everyone an afford it!
>Why is my college degree so worthless, help I can't even a job!

What the fuck do these people want?!
13 posts and 2 images submitted.
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>>1943916
They want you to go take a free econ class at the local cc so you stop embarrassing yourself on image boards dedicated to such subjects.
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>>1943917
I unironically have a degree in economics from Wharton.

Shitposting is fun though.
>>
>>1943921
Alright. Carry on.

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I run a 11.2 million instagram network. Mainly focused in the Teen / Girl niche, but 1.2 million in the food niche.

Ask me anything.
42 posts and 3 images submitted.
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can i have your little girl network?
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>>1943843
hows that min wage
>>
>>1943855

OP knew this was going to happen.

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>100% guarantee to double your money in exactly 90 days
>They claim they literally credit double the amount of money you invest with them in exactly 90 days
The website is
https://gladiacoin.com/

Is this shit legit or a scam?
They say they do it through Bitcoin arbitrage, trading between different exchanges since so many of them have slightly different prices.

Could this be real or not?
33 posts and 1 images submitted.
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https://www.youtube.com/watch?v=5wCX7OdgPRk

These people claim to have doubled their coins and they walk you through the whole website explaining it and everything.

I'm not sure about this.

200% returns every 90 days seems to good to be true...
>>
>>1943782
Also....if the guy in the video believes so much in this, why doesn't he put more money in it? Why does he only put in 1BTC?
>>
why would they want my money if they can double theirs?

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Alright /biz/,
I bought 0.13btc, now what?
27 posts and 4 images submitted.
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If you lend me 0.01btc I can send you 0.015btc in about 10 more days. It's a pretty good investment.
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>>1943687
What's in it for you?
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If I told you my secret then someone else would do it first. There is no risk tho, it involves some local trading and I need some btc as starting capital. I would do it myself but I am cash dry at the moment and don't feel like going to a (((pawnshop)))). You will have your 50% profit within 10 days, probably more like 7.

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I have $1,000 to invest and have no idea where to start. Can you guys please help me out?
23 posts and 1 images submitted.
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>>1943603

Buy a -1 ETN on the S&P 500 and wait until the economy crashes. Then sell.
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Black lobster
>>
I don't know what you guys mean. Except >>1943611

Pretty sure he's just memeing it up.

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tfw i work 2 full time jobs and a part time weekend job and only gross ~45k a year after taxes
10 posts and 1 images submitted.
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eliminate 1 full time and daytrade
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>>1943601
This guy means daytrade memecoins btw. Everyone here makes an extremely good living off of it apparently.
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>>1943597
what kind of nigger tier European country is it possible to work 2 full time jobs?

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Tomorrow I plan to walk in and pretend I was hired and it is my first day. Any employees want to help me out with what should say or bring on my first day to make it seem legit?.Hope I actually get to keep the job too McDonald's sound fun to work in.
42 posts and 2 images submitted.
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>>1943563
fucking LOL. wear the black slack and black shoes?
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>>1943568
Yea I can bring that, but I don't have the official dress wear.
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>>1943580
say they havent sent in your uniform yet, tell them Marquez, Julia or Susanne said it would be fine and that they probably have an extra shirt in the back

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What's the best way to turn $10,000 into $600,000 in less than a year?

pic unrelated
19 posts and 2 images submitted.
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>>1943524
flip pomegranates.
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>>1943524
you may have to actually take delivery of the pomegranates so make sure you don't suck at it. you don't want your pomeys rotting away in a car at the rail-yard in Chicago because you were too much of a doofus to line up a seller.
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>>1943524
x60 fucking DUH

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Hey /biz/, I have 1k in savings and barely put anything in the bank at the end of the month with my job. I rent an apt and living with relatives isn't possible.

How can I start making money on the side? I'm willing to do anything that doesn't involve selling my body. I don't care if I'm not making a significant amount, anything is nice.
11 posts and 1 images submitted.
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>>1943455
buy CTL stock
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>>1943459
I know nothing about the stock market desu, how would I even start?
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>>1943455
Research up on crypto my man. It has potential to be huge in the not so distant future.

Look over a few shitcoins that catch your eye and start accumulating them.

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