Archived threads in /biz/ - Business & Finance - 5879. page

>>1852719
You have much more control over a crypto

>>1852721
the fuck is that supposed to mean

trading futures by the tick chart

>>1852675
electrical engineering with coding skills

if you're put under a cunt to work youre probably a pussy anyways and that's what betas deserve

>it's muh feminisms fault I don't earn $1,000,000 a week
Kys my man

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>>1852662
"I quit"

>>1852661
I'm a big fan of Ramsey, OP

My one issue is that he pushes the "mutual funds can outperform the market" meme, without telling his listeners that those same funds will charge you a high expense ratio, thus robbing you of any extra amount they would truly beat the market by (if they even manage to do so)

Low expense broad Vanguard ETF is the way to go. Buy them after every crash. Sell as stocks explode and another crash is imminent (aka now)

>>1852663
>Low expense broad Vanguard ETF

Thanks anon, I'll check this out.

Also, I've never invested before, as I've been in abject poverty almost all my life. Recently, I got a job where I earn a lot more and my employer is offering a 401k where they contribute 25% up to a total of 15% of my income. Their portion vests in 6 years, but I'm not sure if I want to stick with them for that long.

I am 30 years old, no savings/retirement (yet). Should I do this, and if so, at what rate? I make $70k/annually

>>1852683
I have a similar plan with my job, though we don't have our portion vested overtime, so that isn't an issue for me and I don't exactly know how to advise for it. That said, in my situation, I believe my employer matches for up to 6% of my income (meaning, they give me dollar for dollar for my contribution, which is 6% of my paycheck). I contributed 6% and that's it. I never advise contributing more than whatever your employer is willing to match since you can typically use the rest of that money more intelligently. Contributing less than what they match is also a waste, since you're forgoing free cash.

What should you do with the rest?

First off, Ramsey advises building a $1,000 emergency fund. I recommend you do that.

Second, do you have any debt? You'll want to focus on paying that off. Read about Ramsey's "debt snowball."

Third, if you have no savings, I recommend building a fund of 3-6 month worth of expenses (my monthly expenses are roughly $2k, so I saved up $8k). This is advised by Ramsey.

This is your emergency fund. This isn't savings and should not be used unless you lose your job or incur large medical expenses.

Once you've done that, I then recommend opening a Roth IRA with Vanguard and contributing the total amount the IRS allows you to contribute to it each year.

Otherwise, build up wealth in a savings accounts or money market fund until you can make some sort of real-estate play. I personally hope to get enough to take out a mortgage on a place that I'll rent out, while I continue to rent myself, until I can do it on a second property, etc etc, and start building up wealth through real estate .

What was your bachelor's degree like? I'm planning to study AI as well, and the uni that I'm looking at has a Cognitive Systems degree that is a cross of Philosophy/Linguistics/CompSci/Psychology with different streams that focus on one of the 4 concentrations. I want to do the CompSci concentration which is called Computational Intelligence and Design, but I think that the knowledge will be more theoretical than practical. I haven't thought about Master's yet, I'll cross that bridge when I get there. How are the job prospects? AI seems to be the future of everything so I doubt there will be any shortage of work for a long time. Also how are you planning on getting out of the EU? I'm in Canada and I'm trying to bounce from here as soon as I can.

Singapore is good imo, lots of different people there, not just Asians.

>>1852604
>falling for the robotic jew

>>1852604
so your a fat roider with a small dick with a useless meme degree and you can't compete in the EU so you're looking to escape to cheaper market.

I think you have a poor grasp of the fundamentals to wealth generation, asset development and skill maximisation. Which tells me you've learned nothing about efficiency, planning or analysis. And since that was mostly what the brunt of your undergraduate and masters was presumably about, this means you're probably not worth shit as a quality hire.

CV? Past Experience? Contributed to any code base? Can I see some of your work? AI specializing in what? Why aren't you sitting down with your advisor or a professor you trust and asking for their opinion?

these are all red flags that you're a sub 130 iq retard who is going to crash and burn his life.

You max your prospects by going to America, and working for a serious company with an established track record for delivering on time, quality product, and is profitable.

>>1852589
Depending, where do you live?
For example, real state and renting is 2 thirds cheaper in Detroit that in New York.
Rent is one of the biggest expenses that you must have in mind

>>1852602
I already gave the figure for the expected rent/food.

>>1852589

Seems reasonable, but if the debt is a low interest rate and you get a tax break on it you could just invest the money instead or use it for a down payment if owning makes sense in your location/you don't plan to move right away.

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post predictions >>>
here is just a linear model based off of 3 days
this is my wet dream atm with 230 eth currently in possession

>>1852626

lol

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>>1852626
LOL
Are you retarded?
Learn stochastic processes at least, linear model kek

Sales experience after your graduation?

>>1852534
Graduated then a year of sales exp.

>>1852531
anyone? BIz plzzzz

It's advisable never to have a mindset like that.

Money have had little to no impact on my sex life, in fact, I think it is better now that I have less liquidity.

>>1852473
You have the mindset of prey my man
Be a predator

>>1852500
>implying humans can't be more than in a binary predator/prey state
stay 15

>>1852468
One degree. Get a higher level degree instead of two

>>1852468
take out the loan and put it all in eth, if it doesnt work out for some reason u can always move to the countries that all the niggers are leaving for europe, i hear chinamen are invading after the niggers to the niggers old land

>>1852468
What is the first one?

>>1852425
>>Bachelor of Science
>>Business
Pick one

>>1852538
https://ufonline.ufl.edu/degrees/undergraduate/business-administration/

>>1852425
When you say retail banking do you mean you were a teller or you worked in some kind of analyst's assistant role or something?

What the fuck is that like $50 usd? Whats your job? Do you live in a mud hut? Do you eat insects and shit? Literal shit?

>>1852392
Do promotions, am student in University studying accounting

t.South African

>>1852399

why is South Africa and Nigeria and Ghana getting into Bitcoin so hard?

>>1852293
I don't have sound, but I file for all class actions that don't require proof of purchase.
I have made at least 2-4k doing this.

It has taken me about 2-3 years to make that much though.

It's great side money, and teaches you about what illegal marketing is, and what kinds of industries price fix (potatoes, milk, ice).

>>1852293

Dude what.

Companies literally kill and poison people in mass in situations where the C-level execs know the lawsuit cost will be less than the profits they can make from the unethical behavior.

We absolutely need class action lawsuits.

The only lawsuit area that really needs reform is medicine. Doctors are sued constantly when they were not in the wrong at all.

Also in person to person lawsuits the person being sued should have an option where if they can prove the other person's lawsuit was completely frivolous (during the case) the pursuant should have to pay the defendant time+money lost.

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>>1852287
Onahole & lube subscription crate

Do you think it can be a sustainable business though? I also have concerns about the customer acquisition strategy.

neets dont have money bud

If you have a degree, why not msc in finance which follows the content of CFA?

>>1852379
would cost me too much

if i was to spend a fuck load of money i'd like to go to the US to do an MBA so that i can move to wall street