Archived threads in /biz/ - Business & Finance - 5901. page

What was the downside risk?

>>1842472
I don't know nigga

>>1842470
It's good in a good market, and well within "normal" expectations. However, how you will fare when you sell is what is important.

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>>1842419

good idea

>>1842421
/v/ manage to work together with those stupid steam summer games, /pol/ memed a reality TV star into the Whitehouse, so why not?

Be dutch

Step 1 is get them out of your head and recorded

>>1842158

How though?

I have nothing to contribute that will benefit you, but I want to know how you cucks became who you are and have or had the money you do.


TLDR: Hope you get help OP.

Who are the rich cunts and how did they get and now maintain financial freedom.

>$420k in debt from med school

Fucking hell anon.

What degree did you get? MD, DO, DDS, DMD, DC, DPM? What residency were you shooting for?

Not to be a jerk, but find a job. Anything. Under the table I would say to avoid loan repayments.

Yeah you can turn it around. But it's tough missing this year. Cross your fingers for next year. Or leverage your degree & go do research, work for an insurance company, drug rep, college teacher, etc...... You have medical knowledge, try to use that somehow as not everyone has that.

>>1841361
MD. I went the carribean route like an idiot. Had to repeat one of the licensing exams. Im fucked if I dont get it next year. I dk, I could do an income-based repayment, but Id still have to become wealthy if I can ever hope to repay the loan. Its like a person becomes without options with so much debt

Homework requests go on >>>/wsr/

>>1841246
Are you the self-appointed board police?

>>1841241

cash reserves

>>1839980
Go to the casino. Put it all on red

>>1839981
Put it all on black

>>1839980
Buy $MU

oh boy I'm going to enjoy this video, I think. Your videos don't disappoint.

>>1835166
Tia "I didn't go to college but I still got that KNAWLAGE" Lopez is probably still well off desu.

Nice video btw senpai, I like the part where you inserted the dank memes. You seem like a person I'd succeed business with. Wonna do business?

>>1835166

OP are you gay? srs question.

How much money?

>>1845570
Another $10k

>>1845546
Like this: "No. I appreciate the offer but I don't want to work for someone who won't approve any time off."

>>1845452
Finance is just applied arithmetic with a little statistics sprinkled on top

There isn't a SINGLE financial ````````instrument'''''''' that a high school kid couldn't figure out

Swaps can be pretty fucking nasty. In the aftermath of the 2008 financial crisis I read about several banks making massive surprising losses with swaps even *they* didn't know how to fully understand or properly evaluate for their balance sheet. Heard the same from a couple of friends in auditing - figuring out the true and fair value of a complicated swap product at the end of any given year is pretty much an arcane science.

>>1845456
>There isn't a SINGLE financial "instrument" that a high school kid couldn't figure out
Given enough time and coaching/research/google - yes. But this is approaching "can a million monkeys on a million typewriters come up with Shakespeare" territory.
Most college grads can't even figure out the present value of even simple annuities.

>>1845477
the only reason they are 'difficult' to evaluate is that there is 1 counterparty and its incredibly illiquid so there is no real price discovery

>>1844251
>not buying ATH
top zozzle

You still love fiat don't you?

What life extension iteration is this for you paper slaves?

>>1844251
bought at highest high panic sold at lowest low. im so good at this

>>1844063
welcome to crypto, enjoy your stay :3

>>1844063
good job lad it takes skill to time that

>>1842551
If your investments are in blue chips, of course you hold. What are you going to do otherwise? Keep your capital liquid and see it become worthless overnight.?

>>1842551
5-20 year recession is pretty unlikely unless global shock hits the earth like mass floods, running out of coal/oil. recessions generally fix pretty quick due to proper Monetary policy

>>1842551
I buy the dip

cont.

You can be sure the rise in the price of ETH since the beginning of the year can be attributed to the ETF announcement on Bitcoin because (as my links show) the price of all major altcoins has increased during the same time period (Jan-March) regardless of all previous trends in value. The fact that Bitcoin broke its ATH is purely the consequence of speculation preceding the ETF agreement, and not any indication of true value. Considering that ETH is also following the same pattern by hovering around its ATH, merely provides further evidence that this is indeed the case. Furthermore, the current ATH of BTC occurred after a very long and steady increase in value over two years, while ETH returned to its ATH very abruptly after a period of steady decline.

>inb4 muh Enterprise Ethereum Alliance
The announcement of the formation of the EEA definitely contributed to the rise in the price of ETH alongside the general pump created by the BTC ETF speculation. However, whose to say the EEA will actually contribute value to ETH in the long term? Many of the big banks and companies (Microsoft, BP, JP Morgan) have their own blockchains, who’s to say that they will eventually utilize ETH in its current form? Think about this long and hard before giving in to the shilling.

For this reason, it would be extremely foolish to aniticipate a further increase in the price of ETH after the ETF announcement. Ignoring pumps in price reveals that ETH really is worth close to $10, and probably not even that. There are many issues that affect the long term volatility of ETH, with the two main reasons being the presence of Hardforks in the blockchain and unconfident developers.

After the DAO exploit hardfork, two version of Ether were created, ETH and ETC. As of writing (03/06/17) the price of ETH is approx. $20, while the price of ETC is $1.42. https://coinmarketcap.com/currencies/ethereum-classic/

cont.

Why the disparity? Because Ethereum, as of right now, is shit. The code is buggy and easy to hack into. This is why so many hardforks are needed to fix the code. The fact is, Ethereum is not a finished product. It’s very much in its beta phase.

>inb4 muh bitcoin circa 2013 lunar mission
The reason we wont have a proper BTC lunar mission with ETH is because bitcoin was a finished product. True there were some forks, but there was never a reversal like the one done with ETH after the DOA exploit. All speculators should know that ETH is not finished, and will not be for a long time. It’s great that the Enterprise Ethereum Alliance brought some big players into the collaboration, and hopefully we will se great things from Ethereum in the future. However, who’s to say that there wont be another hardfork? What’s to stop investors’ precious ETH going the way of ETC and losing all value after a hardfork creates a new version of ETH? These are all real concerns that have a historical precedent. You have been warned.

I’m not the only one giving warnings though. ETH’s own developers have their doubts. Quotes from Vlad Zamfir, ETH core developer (https://twitter.com/VladZamfir/status/838006311598030848)
>”Vlad Zamfir @VladZamfir @fttank666 sorry, the ethereum-euphoria coming out of the shitpost news outlets was bothering me :P
>Vlad Zamfir @VladZamfir Ethereum isn't safe or scalable. It is immature experimental tech. Don't rely on it for mission critical apps unless absolutely necessary!

Doesn’t really inspire fucking confidence, does it?

cont.

So where does this leave us? Basically, we can conclude that ETH right now is in the middle of a speculation bubble. It will most likely pop around the time of the announcement regarding the Bitcoin ETF, as will other cryptocurrency bubbles. The technology is highly experimental and subject to drastic and unexpected changes that can leave speculators out of luck (see hardforcks and ETC vs. ETH). To top it all of, an Ethereum core developer pretty much gave everyone advanced warning, telling everyone to chill and wait until the technology is fully mature. Even if Ethereum is successfully developed and all our hopes and dreams come true, there is no guarantee that it will utilize the ETH tokens that are currently being traded. The code is too complicated and ambitious, and the developers hide this fact by filling their PR conferences with buzzwords and gimmicks. Just watch any video of a conference on YouTube and you’ll see what I mean by this.

>>1838693
I'm in some swing shorts right now because I think the indexes are overvalued. SPX P/E at 27, rounded. SPY has an even higher P/E at 55.

I think JCP in the long term is doomed. The store and distribution center closes are going to be harder than they realize because many are behind non cancellable leases. Their operating leases are essentially off balance sheet and need to be adjusted in and they've made poor credit choices.
>note payable 7.625% 2097
>floating rate debt partially hedged by fixed-floating swaps

It's going to be fascinating to see them get squeezed.

>>1838761
Was actually surprised by the number of positive retail quarter earnings there were like with KSS because im avoiding them long term just because of the fact that I think amazon is going to replace them all.

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Get ready for bank stocks to soar for march

>>1838440
dat ain't rich

i have just under half a mil in cryptocurrency shit but that doesnt really count.

>>1838440
Why do you have so much liquid cash?