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Archived threads in /biz/ - Business & Finance - 5951. page

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I come to you with a hypothetical.

Suppose that you have a degree from a prestigious institution. You might have some research published. At the moment you have a good reputation among the communities and institutions in your field. There is a good chance that you could write a book aimed at the interested layperson explaining some of your thoughts and ideas about your field and that it would be taken seriously in public discussion.

Now let's say that financial interests approached you. They want you to make arguments in favor of a position that is very profitable for them. Maybe it's arguing against regulation. Could be that it's advocating for public policy. It could just be straight molding of public opinion. The specifics may or may not matter. What they dangle in front of you are speaking fees at private retreats, consulting fees and possibly stock options, funding for any other research that you might do, and a sweetheart publishing deal if you want one. All you have to do is put your credibility and reputation on the line and stump for them.

Before you answer this question let me branch it out a bit and see if your answer changes depending on certain factors

1. You're certain that you can make a sound argument for that position and you believe in your argument.
2. You can make a credible sounding argument for that position and you're somewhat certain of it.
3. The position is foggy and you could really arguing for any side of it.
4. You're going to have to craft your position carefully and be ready to defend it with rhetorical arguments because it has some holes in it.
5. Damned thing leaks like a sieve and you're going to have to make arguments that you know upfront are fallacious in order to defend it.

Which of these are a "yes", which are a "no", and which are a "maybe" for you and why?
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For my own positions.

1. Yes, the only reason I'd ever turn it down is on principle.
2. Yes if I thought that the potential harms were low enough to let money influence my decision.
3. Probably not, the risk of blowback is too high.
4+5. No and no. Long term that's literally burning my reputation for cash upfront and hoping that the money is a better investment than credentials that I spent years obtaining.
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i wud 100% absolutely do whatever they ask for 100k or more as long as it doesnt hurt my career

morality can be considered only once my needs are met.
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>>1811382

Where do you draw that line? You don't have a crystal ball, just your native ability to calculate odds.

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What would you do in case you came across a bunch of legally obtained bank cards/credit cards? How would you use them without being traced back to it?
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>>1811250
>legally obtained bank cards/credit cards
as soon as you obtain them, they're not "legally obtained" anymore
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>>1811260
this. I went to jail for 2 nights for having someone's debit card on me that didn't even work--I just forgot to throw it out.
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>>1811250
Easy. Go out to some far away atm machine and unload softly, don't go mental with the cashing out. Use glasses and a hoodie as some have tiny cameras which can be used to identify you. If online, turn it all into bitcoin and clean that money up by unloading it into some wallet (paypal for example) and then to your bank account.

Why have the interest rates of municipal bonds been higher than Long Term Gov Bonds for the past few years, despite the tax exemptions?
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gov can't go bankrupt. municipalities can.
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>>1811204
But municipal bonds have been lower for the 50 years previous due to them being Exempt from income tax.

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I got a little over a thousand dollars to invest. do I
Buy a bitcoin
Buy etherum
or buy half etherum and bitcoin
explanation why would be appreciated too
4 posts and 1 images submitted.
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>>1811156
It depends, for short term gains neither of those are great, even for medium term. I suggest putting a great chunk into Iconomi coin, they are the future Forex of all cryptos.

For long term, +10 years, BTC, maybe ETH, but I doubt the team behind ETH.

I am buying another thousand of ICN now. Feels great -__-
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>>1811159
>Update
Etherum seems fine in my opinion honestly. They seem like a pretty solid team. Why do you doubt them?
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>>1811159
in addition to that what does iconomi exactly do? Do you believe they will spike as a currency?

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That wonderful chill feeling when having invested in Iconomi coin.

What are you plans for the 3rd quarter this year?
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>>1811155
Whats the big deal with iconomi? Will it really get that big?
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>>1811340
Highly shilled distraction from the soon to be approved winklevoss ETF?

Hi anons I have a question for you.

I live with my parents, my brother and my sister. A good thing about it is that I dont have to pay for housing, food and many other stuff because my parents take care of it so I can save a great % of my salary.

In 2 years I will be graduating from college and I alredy have plenty of money saved and my dream was always to move to another country (I live in Argentina).

First question is should I live with my parents basically until they die so I can continue to save money ?

And my second question is: Since I live with my two siblings we three will inherit our parent's house. But I dont want to live here my entire life. The problem is that I guess they do because my sister is failing really hard at college so idk what the fuck she will do in the future and my brother is 2 years older than me and doesnt even go to college and is unemployed.

So I guess if I wanted to move I could just sell my part of the house to them so I can use that money + saved money to move elsewhere but what if they dont want to or they cant give me my money. Can I force them to buy it or what ? I dont know if its possible to actually get them to sell the house so I can get my 1/3 of the money or force them to buy my part of the house.
4 posts and 1 images submitted.
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>>1811149
>my two siblings
You can't force them to do shit. They have majority ownership. If they sell the house, they are obligated to give you 1/3 of it.

How about you just save money and buy another place on your own? Don't fight with your family over chump change.
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>>1811351
I was just asking m8 because they will be forever stuck in this shithole and I will have my 1/3 (thats a lot of money) stuck and I could use it + my savings to move somewhere less shitty
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desu bump

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I've been tasked with helping devise a solution that would enable analysts to complete projects with minimal direction from management. They have a pipeline of 3 years of similar projects they'd like to delegate to their analysts. The projects are focused on optimizing software at each location

Their processes are currently spread out in clunky Excel documents and Sharepoint sites.

My first thought is to devise some sort of Excel/VBA solution that consolidates these various documents into something more transparent and usable. I'm trying to think bigger and what's more ideal for them (and impressive)?

Has anyone ever approached something like this?
2 posts and 1 images submitted.
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>>1810914
Spin up a C# MVC web app and host it on an in-house server. Create a document repository on a network drive. Have "source" document folders and "output" document folder.

C# plays very nicely with excel, word and SharePoint. Putting a small user interface over it will make you look like a star. Give your users "consolidate document" buttons etc.

Parse the relevant data from the documents into C# lists and then use Linq to do joins/unions/appends.

The initial pain on the user end is that you may have to force a level of standardization of all the source documents so it's easy to parse.

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So I have 40k in bonds sitting around gaining very slow interest. How much of that should I turn into Bitcoin?
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>>1810881
>assuming anything below 100% is acceptable
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>>1810881
go to boggleheads and read their couple suggested portfolio mixes
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Shit turn all of it into bitcoin, son

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I have about 50 accounts with 5k friends on each, and it takes half an hour to log in each and like the stuff I posted on my page, so now i want them to autimatically do it. How is this possible without risking of getting banned?
3 posts and 1 images submitted.
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>>1810555
I used to run a macro to post my yt channel on top 10 twich channels

Getting banned anyway but whatever, just google it
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>>1810555
use fb api and proxys for each acc

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how do I get more money????
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>>1810296
you can try r9k
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>>1810296
That depends on the mental illness.

If you're autistic, why haven't you gone into Engineering or Programming like everyone else.
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>>1810300
this

I'm an autistic manager that progressed to business owner. If autism, then applied science. Running a business is science too.

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I'm graduating from the third best school in the country with my degree(applied mathematics) and I have nothing to put on a resume other than work and TA experience.

What should I do to ensure that I get a job when I graduate in 6 months, I'm currently learning how to code, attending hackathons, and taking actuarial exams(its no extra work for me as half my classes are pretty much designed to teach the information present on the FE and P exams).

I have plans to attend grad school to pursue an MBA at some point in the future.

Is there anything else I can do to secure at least an internship in a relevant field?
3 posts and 1 images submitted.
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>>1810289
what school what country faggot?

If Ivy League, why the fuck didn't you just network? I know some Harvard kids with meme degrees who work as hedge fund managers
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>>1810289
>Is there anything else I can do to secure at least an internship in a relevant field?
So, let me get this straight: you didn't even intern during your undergrad years? The fuck were you doing?

Hello /biz/ I will be spending some time in the US and I wanted to ask you a few questions, sorry for my poor english. If anyone can help, it is very appreciated.

I need to open a bank account in USA so is that possible as a tourist? (I don't have residence in USA)

second which do you think is better from these

https://www.bankofamerica.com/
https://www.us.hsbc.com/1/2/home/personal-banking
https://www.wellsfargo.com/

I need these things for the cheaper cost service
1) do and get bank transfer overseas (USA-China-Europe) all in USD $
2) have a debit card
3) pay less commission as possible to do and recive bank transfers and pay with debit card

another question, if I transfer a lot of money into that account, for example 10 000$-20 000$ or more, do I have to pay any tax there? just to keep money in USA I think no but I don't have any idea

the most importnat thing is to know if I can open it but this I think is easy to know
I read yes bust someone told me no...
so i don't know

and also which is the best (to pay less commission as possible) to send and get bank transfer (overseas) and use the debit cards also overseas
and off course if need to pay any tax to the government
3 posts and 1 images submitted.
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>>1810172
No, you can't get a bank account as a tourist. I believe you have to at least be a permanent resident.
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>>1810172
What ever bank has branches in both the US and your country.

>all you need to start a business is file with your local county and ashere to regulatory rules in the industry you'll be involved
>usually a cursory search for municipal laws and regulations along with state regulations is enough to get you all you need to know
>figure out what you can't do and don't do it
>make business
>work hard
>get system down, expand crew
>find worker with good managerial skills and loyalty
>make overseer, give commission if applies
>if overseer is highly competent 9i.e. master to your journeyman) offer him part (20% or less) ownership in return for a lower-than-normal salary to incentivize his production
>hire qt accountant so you don't need to push numbers and instead focus on turning profit and fine tuning system
>realize this applies to literally any industry that isn't turning numbers and selling contracts on open internet exchanges


When did you realize college is a meme designed to create a dependent class?
4 posts and 1 images submitted.
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Or you could just start the business and deal with all the cuck shit later
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>>1810154
>compliance
>cuck shit
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>>1810154
yep, this is how it's done 99% of the time.

just make sure you have liability insurance for when you inevitably run afoul of the law.

>tfw he thinks really thinks it's just about the money
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>>1810133

What's the story here?

Have you responded to this email?
>>
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>>1810133

Omg. R u out 4 justice? Take the shekels. No real justice in this world.
>>
>A lawyer wrote an email that poorly worded
>Somehow someone with no money is retaining a lawyer in what is obviously a civil case

Most importantly

>Anyone on /biz/ is supposed to give two shits

I get that you're probably stroking your revenge boner over whatever the fuck, but I only give enough of a fuck to post this condescending statement and greentext.

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How many of you work as contractors?

I currently work for a major media company's Ad Operations department in NYC, but I'm tired of NYC's baggage (Cost, overpopulation, etc.) and want to leave for a smaller market. I interviewed for a position comparable to mine in Charlotte, and while I didn't get a full-time role, they're interested in having me in a contract role. My current job is full-time, so I'm not entirely sure how I should go about this.

Can anyone fill me on exactly what contract work entails - Mostly as it relates to pay and benefits?
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>>1810087
I work as a contractor but nothing about my line of work (building maintenance and environmental) applies to yours.

however in general I charge about 10 times more than an employee on an hourly basis and work 4 times faster than an employee. So if someone is paying an employee $12/hour for 8 hours for a total of $96 I'll do the same work in 2 hours and charge $120.

Why would anyone pay me MORE than an employee? Simply because they don't have to pay for my insurance, workman's comp, benefits, employment taxes, management, administration, or unemployment so I'm actually cheaper than an employee.

Why do I charge so much? Because I have to pay for all the above listed items myself. Also I didn't go into business to make less than I could as an employee.
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>>1810105

That's interesting. That said, how do I set my rates? I've only been working for about a year, so I don't know if my experience or lack thereof would give me less power to charge what I would feel is appropriate. Right now I make $19.75 an hour ($40k annually).
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>>1810121
>how do I set my rates?
you need to research what the going rate is in your market. I would start with google and end by talking to as many contractors in advertising as you can find.

I would very much encourage you to bid higher than you like though. Your taxes and expenses are going to be a lot more than you expect.

for instance, if I want to make $40k after taxes and such I need to gross about $100k. Your mileage will vary.

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