Reminder for the noobs on how to buy Ethereum.
Or BTC, in which you stop half way.
>>1827872
if youre starting with coinbase, you might as well just leave it in there...
unless you get an offline wallet
>>1827872
Seriously no need for wallets.
>>1827891
>How'd that work out?
never leave coins in an exchange.
NEVER
E
V
E
R
Can I get a redpill on franchises? Is it a good way to make buisnessman-tier money cashing in on an already estalished brand and product line while not having to really worry about marketing and avoiding the first few unprofitable years of starting a business, or do you get fucked by how much you have to kick back to corporate?
The franchise fee is high with the majority of opportunities. 8% doesnt sound like a ton of money until you realize in a good quarter, you make 15% after taxes. That said, a 5 million dollar a year before tax profit, Dunkin Donuts franchise (you have to buy a minimum of 3 last time I looked) and after fees, is still a pretty nice chunk of change for an individual.
You dont get ultra rich, but it certainly puts you above doctor/lawyer salary without a ton of personal time invested.
Its all about the up front costs (McDonalds which demands full investment, 7 million in the bank, and a 5 store commitment with a 4% fee, vs Papa Johns who gives you everything, requires 2 million in the bank, 1 store commitment, and a 14% fee) and continuing costs.
>>1827867
It's hit and miss though.
I've sat in a McDonalds for a few hours while my daughter plays and they might only take in about $100 in that time - just a bunch of people buying $1 menu items.
Ditto for Dunkin Donuts. The one near me in Scottsdale is mostly empty with no one in the drive-in. But weren't they in talks about bankruptcy anyway?
Chipotle were always lines out the door but only during the lunchtime rush.
Taco Bell - the most a customer will order is about $5 and the place is never busy.
When you look at McDonalds total sales and divide it by number of stores they really don't make much.
>>1827886
A packed AF Starbucks in a downtown area vs a Dunkin Donuts in bumblefuck doesnt exactly matter. You are talking about percents, rent, and labor.
Yes, you are making cents off each transaction. The number of transactions is what matters, and it is why very few of the big players allow single location franchises.
Franchises exist based on low minimum wages, high volume, and minimal fees. That said, franchises are not immune to bankruptcy. Last I looked Jiffy Lube had a 7% franchisee default rate (where the parent company revokes your contract) and I swear I read as a company Quiznos had filed for bankruptcy as an actual company itself.
Its not a safe bet, but it is safer than doing everything on your own... which is where the fees come in
Hey yall, I just got the desire to throw caution to the wind and start investing my hard earned shekels. I am sitting on 30k fresh out of college and into a new job. I am not sure if i should trust my fathers financial manager as he wants to take 1.5% of my portfolio. He suggested that I invest in his ETF which he claims is geared to investing in things which Trump is predicting to spend cash in.
My other option is to learn how to handle it on my own but I am not sure I am ready. Can any of you help a brother out or point me in the right direction. I am losing money in this checking account not keeping up with inflation.
Also, I did not see a sticky or any other required reading or I would have read it.
/biz/ pls
there's no sticky because /biz/ is garbage
go to r/personalfinance and read the sidebar, where it will explain to you how you are a stupid goy
Is house cleaning a buisness i can make pretty good money in? If you were a house cleaner, how much did you charge a house normally? And how much did you make in like a day, week or month?
>>1827817
sleep tight oinker
>>1827817
>Is house cleaning a buisness i can make pretty good money in?
A lot of liabilities, like shit tier workers who steal or do a half asses job. Cleaning ladies get paid like $10/hr
Just throwing my 10 cents in here.
I use ServiceMaster to clean the office 3 times a week. Its a shade under 10k sqft with 2 bathrooms (womens has 6 stalls, mens has 4 urinals and 2 stalls) and a small break room with kitchen (no stove, just cabinets and a dishwasher). It takes 3 women (they are eastern european from the accent) around 1 and a half hours to arrive, clean, and leave. They provide all chemicals, equipment, and take all garbage out to the dumpster. We pay $125 per visit, so $375 a week.
I cant say how much those women make an hour, how much the chemicals cost (though they dont use name brand stuff) or how much the equipment costs (they do have very nice backpack style HEPA vacuums) so take that for what you will.
As a side note, Service Master isnt a small company, and are nowhere near the cheapest but it is piece of mind that the people coming are wearing uniforms, speak english, and drive a company vehicle. The company we had before them were let go after one of their non-english speaking employees almost going into a fist fight with one of my employees because after being told "im on the phone can you stop vacuuming 2 inches away from my desk" and not understanding any of it, my employee made a slashing motion to his throat (as in shut that shit off) ... to which the Mexican threw the vacuum across the isle and pushed them out of their chair. To be fair, the guy probably had no idea what my employee was saying, and we were only paying $50 per visit at the time
I need your help in valuing a mining company. Basically, the company has a number of projects, potential copper/zink/lead mines that I understand has a great deal of resources. But how much can I expect a mine to produce per year, once it goes into production? How do I figure that out? The company has reported what stages they're at, what they've found at each site and so on, but I need to translate that into an annual cash flow for my analysis. Wat do?
bump for interest
is this that company that has been shilled here for the past few months? the name escapes me
Name of the ore deposit?
>That time /biz/ was right
I'll start: AMD last year
>>1827736
A small, sleek and portable kitchen appliance with easy pre-set
buttons that'd heat up your Mexican tortilla chips to that classic
restaurant-style warmth, that could easily be tucked away in a
cabinet.
The device would be a huge hit at parties, get-togethers, etc. but
also for dinners, or something to better your midnight snack. This
could spark a dinner trend of having the tortilla chips with your
dinner meal always be expectedly warm, too. Middle America is going
to love this.
Both young and old alike would enjoy this product:
>young guys wanting to have heated chips available for their friends
as they play video games
>old people not wanting to mess with any of the trial-and-error
routine of using other appliances.
>People camping outside that'd want a hot & easy snack
>Parents buying it because their children demanded it
>Couples buying it for their partner as something cute and fun
>A company buying it for their lunch room
Tortilla chips are bought practically bi-weekly in American homes, by
all demographics for all types of social situations. The customer
base is astronomical - build and market it, and they will come.
inb4:
>muh ovens
>muh toaster ovens
>muh microwaves
Nobody wants to heat up the house over just chips with an oven, and
for the microwave or a toaster oven...All microwaves heat up
differently, and nobody knows how long they'd need to be put in for;
it's trial-and-error every time. Similar with the toaster oven. This
isn't even mentioning the mess that comes along with that whole
process. Indeed, this is why practically nobody does that.
A circular base with an upright tube attached on top would give it
the small & compact design. The chips would be heated up from either
the bottom base, or throughout the tube. Once done, the user would
pour them out from the top of the tube. For $19.99, what I'm
imagining doesn't exist.
>>1827736
Ethereum, January 2016 and ongoing
wtf is going on with dashcoin?
i just bought 3 coins in case it goes up 20% in 24hrs once again. if not it's only a tiny loss
buy high sell low lol
I honestly cannot find any worthwhile news about dash
>>1827677
>coin goes up massively
>anon buys coins
Why do I see this everyday? The most basic rule of trading anything is buy Low sell High. You Don't buy on the way Up you buy on the way Down. . .
Pic related jeez
So /biz/ i'm thinking of buying some Facebook 2019 put options - is this a good idea or am I being retarded?
I read that Facebook's average ad revenue per user is something like 6 dollars, this seems excessively high to me and surely they have now reached the point where they cannot monetize their +1Billion users further without seriously pissing them off? Are they even going to continue to see their user base grow?
I'd love to see these social media sites collapse as they are turning entire generations into zombies but sadly can't see it happening.
Further points - Whatsapp and Instagram were decent acquisitions but at far too high a price
Price near all time high and volatility near record low - should make an out of the money put option a relatively cheap buy
i think this might be a generally good idea, but i personally would still wait a little since i believe that stock prices may rise further in the (near) future
i think that the social media bubble will burst at around 2019/2020 coz most companies in this field are overvalued - just look at the snapchat IPO.
i even think snapchat has the chance to make a lot of investors aware of this bubble and to slowly start to make it burst - even though i expect the huge burst to happen at around 2019/20
>>1827605
just short it. you are not smart enough if you have to ask biz for advice on your puts
>>1827699
starting to short facebook now is kinda suicide
Where can I buy Ethereum quickly with a debit card?
I think the official Ethereum wallet can help you purchase through coinbase if that's how you wanna do it.
https://www.ethereum.org
>>1827559
Tried purchasing trough coinbase, made an account, uploaded my ID and my debit card, and when I tried buying anything, I somehow got my account "restricted". Any alternatives? Making the account there was probably the easiest out of the sites I found tho.
>>1827576
The only other one I know is Gemini exchange. Take time to get verified tho so start asap
>tfw the only thing I'm passionate about and good at is learning and debating politics, religion, history, race and such issues
Is there any way I can get rich through these passions?
I'm super ADD/ADHD-PI and I cannot into math at all. My initial plan was to brute force my way into math/coding/trading but I just dont have it in me.
I was thinking of starting my own blog or news website; the former would hardly be profitable and the latter requires a huge capital, no? I definitely have a political niche that hasn't been fully exploited yet.
I'm also a minority with unconventional views (similar to black conservatives) so I have that going for me as far as branding. I also have weird facial aesthetics that would make me unique (ugly to most but unique).
Anyone here successfully do something in this sort of space? Maybe we can exchange emails, idk or post here. I know I have the right amount of unique attributes to be a memorable personality or have a decent following but I'm unsure how to proceed.
>>1827531
>ADD/ADHD-PI
so this is the new excuse for being bad at math. 20 years ago they would have called you mentally impaired, now they just slap you some amphetamines and some false hope that retardation is curable/
>inb4 im not retarded, my brain just doesnt function the way it should
>>1827531
No, retard.
Politics is all good and well(you're probably much less informed than you think though) but you're going to have to put food on the table somehow. No one is going to pay you money to babble about your meaningless findings.
>>1827557
I agree with you that its over-diagnosed and I can totally see why you'd see it that way.
23. make coffee and wash dishes for a living. rent a house with girlfriend and have been very happy. pays the bills but can't afford hobbies or anything.
3 hours ago find out i'm having a child.
what would you do in this situation /biz?
>>1827329
Two words: Abortion
buy more ether and BTC. By the time your kid is born you'll be a millionaire.
Trump's speech did this?
>>1827322
Praise kek
>>1827322
Trump has completely btfo the political correct SJW culture that george soros was trying to push onto america. they are all laughed at. the harder they stomp and scream, the better trump looks, and the better the market will be.
sort of. people were waiting on the sidelines until after the speech. they just wanted to make sure he didn't say anything too drastic.
Where is the capital coming from?
-The smart money is pulling out of europe right now because the eurozone has been ruined by SJW culture and is about to collapse.
lots of retail investors are STILL sitting on the sidelines, which is evident if you read the other threads on this board.
Okay I fucked up.
I worked for a company that provides their tax forms online instead of sending them out by mail and I forgot the password to my account and the email I used. Now I can't file my taxes, what do I do?
Don't file this year wait for password reset email next year
>>1827274
call your company.......
>>1827536
This.
OP IS A FAGGOT
Daily reminder that THIS right here is why some of you will never make it.
Its not the system, its not hard work, its not laziness.
Its simply your genetic predisposition. High IQs like to think it was hardwork when in reality they won the genetic lottery for intelligence.
Low IQs think its the big bad "system" that keeps you down.
Nope, its none of that. Its 75% your genes.
>>1827269
>Nope, its none of that. Its 75% your genes.
>Quote time mother fucker:
Lacking the ACTN3 protein does not seem to have any harmful health effects, but there does seem to be an effect on sports performance. Several studies have found that Olympic-level power athletes always have at least one working copy of the ACTN3 gene. After studying hundreds of athletes, scientists came to the conclusion that it is probably impossible for someone who lacks the ACTN3 protein to reach the top levels of performance in power sports.
They were soon proven wrong. While looking for other genes that might determine athletic ability, a Spanish scientist hit upon an exception to the rule: a champion long jumper who has two non-working copies of ACTN3.
The long jumper has a history of great achievement. He competed at the international level at the age of 16, and went on to compete in several European and World championships. He has also participated in two Olympic games.
The fact that this long jumper is the first and so far only Olympic power athlete to be found who lacks the "gene for speed" is evidence for how important this gene is in determining this type of athletic ability. But his success is a testament to the fact that genes are not destiny.
-23andme article
>>1827269
Nah op.
My grandpa was a worthless cunt.
Dad is master race blue collar.
I'm currently former master race blue collar converting to investing mindset working 2 jobs because i dont have the balls to quit and create assets without a paycheck.
Im sure genetics play a small roll but it comes down to drive and ambition imo.
I'm c average student at best. Dropped out of college 2 times.
One of the riches guys i know literally retarded.
He rode the short bus to school and has a fucked up speach impediment.
Hes an asshole, cunt, and a dipshit. But he has the ambition to make millions and not let anyone around his arrogant ass forget it.
Lol.
>>1827281
Yeah, that is ultimately what proves Hitler wrong about the master race:
>Two dumb as fuck parents can produce a genius.
How much eth do you have? sitting on 6 here. not sure if I should be in balls deep yet
2736
I'm planning to buy $100 dollars worth soon.
10 only