>when you take a break from biz to actually read a finance book and come back to see a bunch of cryptoscams and homeless people posting from the library
Lol fun how do u know lollll
What book was it anon-sama?
>>1931367
How to recognize cryptoscams and homeless people.
How many crypt curren. Have you guys invested in? How sure are we that it's the future? Also what are the stocks with most potential in your opinion? Let's get rich together anons.
>>1931201
I'm in ETH, PIVX, LEPEN and buying a small amount of BitBae tomorrow.
Basically the coins that /biz/ has shilled with the greatest meme magic density,
Not going in on boring shit like ripple
>>1931201
Wants investment and trading advice from others, instead of relying on himself.
>Prepare for failure.
100% bitcoin.
Fuck altcoins.
I spent some time trading, made a tidy profit of 4 bitcoin, but it's stressful as fuck and not worth it.
I'm happy with bitcoin's steady increase in price.
is eth price actually going to play out as has been posted for about a month here now?
>>1931183
Look at the price right now.
looks like this guy was right
>>1931199
yeah, but it's nowhere near the absolute ath yet though.
i'm just amazed about the talks of a dip a month before it happened
Is it a bad idea to heavily weigh my portfolio in financial holding companies that invest mostly in private equity?
It's the only way I can thinking of to have my low amount of capital touch the private equity market and if you look at performance historically, private always beats public.
I guess there is more risk with under-regulation in the private equity sector, but from prior experience working as a Big 4 auditor in both public and private clients, I didn't feel like our extra SOX/controls testing did much extra if a public company were willing to be sleazy or commit fraud. In fact, it was made clear to us during training that our jobs were explicitly not to catch fraud as this level of assurance would open up too much liability to the firm.
Anyways, I digress. Thoughts? (on how my money can touch the private area)
>>1931154
Total investing noob here so forgiveness prease if me sound like retarted but, I would think whether it's private or public doesn't matter, but what really matters is the underlying assets/company's owned by the holding company compared to the rest of the industry?
How you can find that information I don't know, but there must be tax returns and just general market intelligence reports you can look at to see how they shape up?
>>1931154
No there's nothing inherently wrong with it if you're not qualified or sufficiently capitalized to invest directly. However, I'd be highly suspicious of both the actual and implicit fee drag that you're paying to access private equity indirectly. That has to be a major drag on your actual performance.
Not to mention, you don't even have minority shareholder protections when you approach PE indirectly. You're entirely at the mercy of your proxy, and you can't even get the information needed to play a role. In my personal experience, it's important for small PE investors to take an active hand in protecting their interests. The big payouts come when the M&A/IPO happens, and as an indirect investor, you don't even have a seat at the table for those negotiations.
>>1931154
>I would think whether it's private or public doesn't matter
Private companies tend to be smaller, more nimble, and often have larger room to grow. They also don't suffer from the same regulatory drag that weighs down public companies.
There's nothing about being private that inherently makes the company better ... but there are lots of advantages.
>>1931154
how do i buy private companies
TO THE MOON
>vitalik is canadian
>>1931139
ethhhhhhhhhhhhhhhhh methheads are back in town biz
>>1931139
Need some ideas. I have over 100 mid-range computers at my disposal and would like a way to generate some passive income.
The machines are all mine and I pay for electricity. Not interested in crypto mining or distributed computing projects (ie gomez peer) as none of them pay enough.
Was *considering* building a render farm and attempting to rent them out but I pretty much know dick about 3D animation and whatnot.
So help me out guys, what would you do with 100 spare computers short of selling them off?
>>1931137
idk sell them or set them up as servers(this would be expensive)
normal mid-range desktop PCs are useless compared to servers or machines built to render 3D stuff or anything. They only thing you can do to make money off them is sell that shit.
I guess they're stolen and that's why you don't want to sell them and get caught.
Another idea that comes to my mind is if you live in a shitty country open up an internet cafe where kiddos can play and hang out
>>1931267
They are not stolen. And I have sold about 20 of them thus far, but it's time consuming and not continual income.
I know a standard mid-range PC is useless for 3d rendering. Hence "render farm" - meaning a whole shit ton of them daisy chained together. But like I said, I know virtually nothing about it other than it costs a fortune to rent one from any of the mainstream render farm providers. My idea was geared more towards hobbyists & small time operations.
How much do you guys put in your 401k?
Mine matches at 4%, should I do more?
What about company stock? I can purchase at a 15% discount.
Both are pre-tax.
>>1931115
1. Put in enough to get the match
2. Max out your IRA
3. Keep putting as much as you're comfortable with into the 401k since it's tax advantaged
What company do you work for now?
I'm putting in 10%. I get a 5% match in about 3 months and then I'll probably lower it to 5%
>>1931115
Put in enough to match.
Then use a Roth IRA UNLESS your income is small enough that you have no capital gains tax, in which case you should be fine with a regular brokerage. After maxing Roth IRA, go back to your 401k. Repeat each year.
>TFW you realized the "participation is the most important" meme from school wasn't a meme at all
>TFW you realized that if you just try, learn from your mistakes when you fail and try again you can't lose at anything
>TFW you realize all the successful people failed and continue to fail more times in a week then the risk-averse plebeians do on years(including myself)
Well?
you're right and that's a rare pepe
it's only failure if you think it is.
it's only success if you think it is.
the real secret to success as you see it is to not believe in either one. You're not going to meet a lot of rich people that think they've either failed or succeeded.
Union worker here. Made $3,000 during the last 2 weeks, but I might not work for another month. What's the best way to make that money make more money without starving?
Buy Syscoin
>>1931038
buy shit
fix it up
sell it for cash
I still don't get the point of unions are they just boomer clubs or what
>Europe is in good shape -- if Le Pen loses, will be even better
>Trump is decreasing regulations on banks
>Computers and shit
I'm going long on these, who is with me?:
VGT
VGK
VFH
MGK
b-bump
Those are some grade-A high test tiddys boii
Post more of her
>TFW you realize your poorfag parents attitude is rubbing off on you
I wish I moved out lads.
>>1930839
Shut the fuck up m8 even orphans act like their parents.
>>1930843
Retard
>>1930843
orphanfag here. how am i suppose to know if i act lime my parents if ive never met them
Do you respect Jeff Bezos, the second richest man in the world?
>>1930772
>JEW IS SECOND RICHEST MAN IN THE WORLD
WOW HOW AMAZING I WANNA BE JUST LIKE HIM
>need all your family to be part of the tribe
welp
I only respect rich people who outright name the jew
Nope and he's about to fall sub 10 after Trump rekts him for encouraging and funding child labor
>>1930778
D'aww. Little white man mad he's not rich?
>Applied to 8 jobs two weeks ago
>Haven't heard back from any of them
This means I didn't get a job, correct?
Better apply for 16 more, faggot.
>>1930719
i've applied to 70 in the past 3 months, welcome to hell
After college I was unemployed for 9 months. Applied to 33 places. I literally told myself I would work anywhere for any money if I didn't get the 33rd job. The starting salary was 50k. 3 years later I'm at the same job for 64k. In retrospect what got me the job was that it was through a recruiter. They lied to them and embellished my resume in my behalf even though they were hired by them.
Test your IQ and report back here.
I got a 135.
http://www.free-iqtest.net
>>1930692
Why lie?
You know that these online IQ tests are garbage, right?
>>1930692
142
So what's the verdict on this?
Buy?
Not buy, wait for SONM instead?
>>1930672
SONM?
I'm long but I wouldn't trust my opinion alone.
>>1930672
SONM:
https://sonm.io/
>>1930690
Buy both if you believe the ideas are solid and the team is capable.