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Archived threads in /biz/ - Business & Finance - 5825. page

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Poorfag works on his own car
>Hahaha too fucking poor to pay a shop to do it

Richfag works on his car
>Wow! What a hard-working down-to-earth guy who isn't afraid to get his hands dirty
33 posts and 2 images submitted.
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>>1876354
>Poor fag works on his own 1994 Toyota Tercel
...
>Rich fag works on his own Maserati
...

Deal with it.
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>>1876371
>buying a maserati
oy vey
>>
>>1876354
What a terrible idea and intro for a thread, what the fuck were you hoping for? My dude, think about ending yourself.

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Is there anything objectively wrong with committing white collar crime?
7 posts and 2 images submitted.
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>>1876336
i think I've seen this thread posted 3 times since last week? no, there is nothing wrong with it as long as you have money to dig yourself out of a jam
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>>1876336
Fuck off. After having to bump your shitty pointless off-topic thread endlessly the last time you still didn't get the hint? >>1868793
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>>1876356
I'm just trying to have a discussion here you fucking jew what is your problem?

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Okay so I went into business with my Dad earlier this year. I wanted to split the business on a 50/50 basis. The initial investment was only like 2 grand. The ROI will be over 100% when we start to see profit. He doesn't want to put any money into the company at all, hes a cheap fuck and its starting to piss me off. He literally doesn't do anything for the company and now wants to crowdfund for money so he doesn't lose more. I do 100% of the work, he is suppose to be covering all costs. He is paying the bare minimum and I have to fucking make sure that we are a low cost business so he can shut the fuck up. I seriously regret bringing him in on this.

How do I buy him out or bring his share down to only 30% of the company? I don't care if he has half the decision making, I just don't want to make him money off his 50% when he wouldn't even invest in the company.

TLDR; started company with my dad, 50/50 basis, want to cut him out or bring him down to 30/70. i do all the work and he is suppose to fund it but hes a cheap fuck and won't even pay for advertising, also tries to make decisions with no real knowledge of our niche.
12 posts and 1 images submitted.
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>>1876330
I didn't really care about the split til he wanted to crowdfund for money to invest into the business. How the fuck is that fair when I do all of the work? His only job is to fund the business. He has a fat net worth and its not like hes strapped for cash, he just has no faith in the business so he wont invest and i'm not gonna badger him to do it constantly.
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I just had this conversation with an old partner
Tell him he isn't matching your work and investment and therefore needs to be limited to the percentage of investment he has made either in work or in capital. If he has worked enough he gets 3%
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>>1876440
It's a tech startup and he can literally bring nothing to the table as far as work goes. We are putting up a indiegogo for money to put towards the company. He was suppose to fund everything. I was thinking of telling him I am keeping anything that is beyond our goal of funding because he was suppose to fund the company to begin with.

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So 2.5 years ago I went on this board and asked for the best degrees to make money. Someone here told me to go for a degree in maths and then become a maths PhD, in order to work for large banks as a "quant" and rake in a lot of money. He also told me that if I had to ask here, I probably wouldn't be smart enough for it.

Now here we are, I actually study math in university, I'm in my second year now and things are going well. Lately I've been talking to some professors about the banking industry (jokingly, not to give off the impression that I'm a greedy bastard) and they all seem to be of the opinion that the finance world is a joke, and these people know hardly anything about math.

I also went to some career events at banks and everyone basically acted like quants are second class citizens on wall street, everyone referred to them as the "nerds" making mathematical models. From the way they talked about quants, it seemed as if quants don't see the big picture and make less money and get less respect than other bankers.

Is there anyone in the finance industry who can shed some light on becoming a quant as a career path? I'm still considering it, it's as if the closer I get to it, the shittier it actually seems.
31 posts and 3 images submitted.
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>>1876317
Sure. Finance is the second biggest earnings industry in America behind medicine. Quants also make a shit ton of money.

I would recommend stats + finance though. I have a masters in applied econ/metrics and stats and finance is all I do.
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>>1876317
you are not gonna make it.

you only can get in if you have someone already in, and it seems you don't.
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>>1876331
Is it fun? Do you make a lot of money? How did you get in?

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I need help with this chart /biz/. Without knowing what it is do you think now is a good time to invest? Is this asset in a bubble?
10 posts and 2 images submitted.
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>>1876272
anon buy in man, i would go with 70-80 % of my money... its pretty secure that it will go + 60-70% in a couple of weeks, i can tell from the chart
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>>1876272
I think I see where this thread is going
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>>1876272
you had to have drawn this.... use the money to buy a gun and shoot yourself for this awful shitpost

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Or technology business degrees in general
pic not related
17 posts and 1 images submitted.
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da fuck is an Information Technology degree
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>>1876257
Tech is one of largest growing fields so probably not.

What are they teaching you in school? Networking? System Admin stuff? All lucrative fields. Make sure you get your certs and you'll be fine.
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>>1876334
>sysadmin
>lucrative
Prepare to be replaced by a farm of standardised VMs

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https://ethereumclassic.github.io/

>Chat room logs between ETH devs and Crypto exchanges discussing the DAO hack rollbacks
https://www.reddit.com/r/ethereum/comments/4om0wl/the_exchanges_are_against_a_roll_back_hard_fork/

TL;DR
>One of the flaws of ethereum was exposed because they started implementing shit and getting people to put money into a DAO dapp before properly testing to make sure the dapp code was secure
>All the ETH invested got stolen BECAUSE THE CODERS WERE DUMB. ETHEREUM WORKED AS INTENDED

>People buy ETH based on some vague buzzwords / FOMO memes
>Developers doing stupid shit
>Developers fixing their fuckups by showing off their centralization powers

>mfw EVEN IF it gets to the moon, that could change in a heartbeat
>>changelog
>>released an update to stop SILKROAD13 from being able to withdraw money

I do not understand how people can have confidence in ETH when its developers themselves sold a good chunk of their own in favour of bitcoin, justifying it as "sound financial planning"
8 posts and 3 images submitted.
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>>1876231
S H U T
T H E
F U C K
U P

you clueless fucking cunt. just shut your fucking stupid mouth and kys
>>
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>guaranteeing their ability to work full time on eth by selling some of their eth is bad
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>>1876243
>>1876245

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what are the possible short and long term returns on investment?
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not at all anon, buy in and buy in BIG is my only advice

you'll thank me later
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>>1876204
Short term rise to $50 again within a weeks

Long term is anybody's guess, but could easily double that at least
>>
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>>1876204
No it's not... just look at all these friendly elite globalists who want the best for you on board... join us

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>>1876195
daily reminder to no-coiners that /biz/ is the best place to get in on pump and dumps. Milocoin is proof.

Also it's never too late. we've been shilling coins for years now. Join or die a poorfag
>>
it already pumped and dumped and it1s over you fucking bagholder!
>>
>>1876195
>>1876206

Yes goy buy my meme coins and vote trump, is not like he pull your health benefits from under your fit and let you die like a dog in the streets

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Guess where it is???

If you wish I will help you to startup here? There is many reasons to be here. Cheers.
18 posts and 4 images submitted.
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Somewhere in eastern Europe?

Tell me, how will you fair when the EU collapses?
>>
>>1876197
>Tell me, how will you fair when the EU collapses?

I do not believe that ever fell EU. We are the peoples thats know others and feel better then others- sorry it's dificult to explain me well. I am proud to be EU citiez and I will hope that world will come to be as we are.
>>
To prove my openness, check my advice: Polimex Mostostal SA (PXM)

I can promise min. 100% profit till end of this week or much better till end of September this year. Remember about me, please.

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Your ideas on how second proposed decision regarding bitcoin ETF would affect cryptomarket?
Would it once again dip-a-hell and then within a single day recover to the previous mark?
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Everyone already knows it will fail but I still predict a small rally in BTC price in the run up to the announcement (a "pump-and-dump" if you will).

Hard to say but the price will probably crash just before the announcement is actually revealed.

ETH and other altcoins will have mild increases throughout.
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When is the 2nd ETF decision being public ?
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>>1876214
31st March for SolidX ETF announcement

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As someone who has kept an eye on crypto since 2009 I have never really seen any attempt to address the realities of it and how it cannot translate to standard markets and practices.

By it's very nature it has set out to obfuscate itself and facilitate nefarious practices from gambling to the drug trade pretty much exclusively.

It seeks to hide money from governments, undermine long standing institutions, and treat all who approach it as potential "bag holders". One could argue that the alt currencies are just part of the larger ponzi scheme that is bitcoin.

No work is done, no value is created, no physical asset exist.

Security is never certain and often compromised. The idea of encryption and hiding things from governments is laughable at best as the means and methods for defeating them are most certainly in the hands of the powers that be.

Most of all the pure toxicity of the community and the discourse that occurs on any of the exchanges along with the belief that they are immune from an eventual crackdown on their practices.

Where you see opportunity and legitimacy every normie I have had personal discourse with and attempted to explain it to see's rooms full of criminals conspiring to do harm.

How do you address these things and move on.
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The prospect of adoption is paradoxical. The constantly fluctuation due to speculation drives away large scale adoption by regular businesses, but it is the prospect of broad adoption that drives those very bubbles. It's going to be a long while before the market stabilizes, the time occupied by scandals, heists, and boom and bust.
>>
>reasonable questions
>discourse

I like this thread, but it'll fall on deaf ears.

inb4 the mongoloids
>fuk u butthurd nocoinar!!!!!!!!!tothemoon!!!!!!!!!!
>ROO THERE IS LITARALLY NO POSSIBILITY OF ME NOT BUYING . A LAMBO WITH THE 6.4 ETHER I BOUGHT FROM STEALING MY PARENTS CHANGE JAR
>>
Anonymity is a red herring - The ETF applications are attempts at BTC legitimacy.

A global decentralised digital currency is logical in today's world

Globalisation is being pushed by all mainstream goverments and businesses. BTC and other digital currencies are the logical conclusion for a unified global currency.

Why would you ever hire someone with a degree in "Business Administration" ?
7 posts and 1 images submitted.
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If they looked like that, sure.
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>>1876021
People are stupid and think that Business Administration is what you have to do to become the CEO of Apple, so they do it, then complain about being poor.
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>>1876021
we need a business administration quote for top companies

it should be something like 50% women, 20% migrants, 3% transgender, 5% business administrators

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Debt consolidation question.

I have $18000 in Credit card debt from a previous marriage and a dog surgery.
my credit is about 580-600, I cant get a loan to consolidate my debt, because of my credit, but if i WAS able to get the loan my credit would jump to 750 after I paid off my credit cards and the loan would only hurt me about 20 points, incredible net gain.

Anyone know a good way to do this? I know I can pay off my debts over the course of a year, but it would be far easier if I did it with a loan.

Trump for your time.
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>This is how poor people think you should handle money
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>>1876013
with interest rates coming.... you are fucked.
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>>1876047
Military, Servicemember Civil Relief Act caps my interest rates at 6%

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bye, bye, Monero
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oh look another memecoin
>>
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>>1876029

>no coiner
>giving an opinion
>most likely didn't do research
>into the trash it goes

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