I have noticed that, everytime i buy something, it ALWAYS goes down in value..
So, what if i buy and open a large short position at the same time? Close the short once it drops, and sell during the rebound..
I am a Market beater
>pick biz meme stocks
>short them
BUY HIGH SELL LOW
>>1821721
makes no sense at all - if your long and short position are the same size then you've got no overall position
if one is larger than the other then you might as well have just put on the net position
you're gaining nothing from doing this other than exposing yourself to higher costs/more commission
So I have a full time job which i go to 40 hours/ week, but I wouldnt mind making some extra cash.
Do you guys have any suggestions for side businesses that I can run in the afternoons and weekends? I like my job and make decent money, I just find that I have alot of free time that I feel like im wasting.
I wouldnt say I really have any hobbies, other than maybe lifting. Im good with tools and have good people skills.
Do you guys have side businesses that are actually profitable?
I'm Australian if it matters.
Oral fellatio.
>>1821667
Sell coke
Grow weed
Profitable AF
Buy solar panels and use that energy to power your weed growing operation, its untraceable.
>>1821667
Not at all. Been trying.
You have any idea what heavy equipment operators make across the pond? Been considering going over there to visit friends for like 6 months and running equipment.
How'd he do it? Get that Lamborghini in his garage?
Could we not?
>>1821479
It's Tai time. I must know how this humble book merchant became a millionaire.
>>1821477
He made himself a brand, rented or had rich friends who rented out sweet shit, claimed it as his own to look like hes successful.
People aren't going to buy his shitty book about getting rich if hes driving a '95 civic and living in a apartment.
non believers stay poor edition
LINKS:
Guide - https://docs.google.com/document/d/1Ti-laBUbfmIfyBifCHz5PwTDdJjeGtH_w18OdFhHE1M/pub
Discord - https://discord.gg/XAcMbRf
So how many have you have set up a store
also, I'm not a shopify/chinese shill before you ask.
>>1821684
are you sure about that? lately threse threads and have nothing but bogus gimmicks that dont work.
t. ive tried it and it didnt work
How do i drop ship through Depop?
>https://www.youtube.com/watch?v=QReUkg6EWf8
What does /biz/ think of this video?
All these people are saying 1 BTC will be worth $500k to $1mil.
I'm bullish on crypto, but God damn, not this much.
And gold to 50,000/oz! !!!
>>1821395
It will take 5-7 years. I'm dumping all of my savings to gold, silver, ETH and BTC, equal parts.
>>1821411
I have about 130 ETH but 0 BTC. Thinking about just buying 1 BTC to see where it goes.
Massive recession to come in 2018-2019.
Nintendo alternates between
a) releasing a console near the height of a business boom..generally ~2-3 years before the crash.
b) releasing a console during a recession
Notice also the poorest-performing Nintendo consoles are those that are released during a recession. SNES is the only exception..although that recession was short-lived.
If this continues to hold true..the Switch will be a massive hit, with a recession to follow in late 2018 or 2019.
>>1821372
holy shit what have you done
>>1821372
OP, you glorious faggot. What in the hell lead you to this?
Hello, I`m new to biz. I was planning on dumping 2000 dollars on eth until I saw this video/article. What is your say on this, where would you put 2000 dollars?
https://medium.com/@tuurdemeester/why-im-short-ethereum-and-long-bitcoin-aee5b1c198fd#.xkr025ep4
https://www.youtube.com/watch?v=Vy6SQXYCDtY
>>1821347
Cant help you with your question but this is a better pic than the one you posted
>>1821361
well, thanks kinda
>>1821347
Buy Bitcoin. Hell, fucking Dogecoin is a better investment than Ethereum.
Hello anons, story of my life coming through, read if you want or scroll away, but the tl;dr is: help me rethink my relationship with money.
I come from a mid-class family, my mother's family has a lot of money, but my father's family was very poor. Either way, they don't keep touch with the rest of both of their families for other reasons, so it has always been me, my mother and father and my brother. My mother is a retired teacher, my father used to work at a bank. He knows his stuff because of it, but I don't think he has vision for making money and I just realize this now that I'm an adult. When I was a very young kid, he used to give me some money every week, but it was very little money. I saved for months to buy a poster I wanted for my wall, then one time I told him I was saving for it and he went there and bought it with his own money and gave it to me. At another period, he stopped giving me the money in cash and just showed me an updated note about how much money I had. But then we lost track and he was the one buying things for me anyway. You can see how this has taught me nothing. His parents didn't give him anything, my mother's parents also didn't give her anything in spite they being totally capable of helping her in hard times. But my parents turned to the opposite side in some sort of vengeance, they always treated their money as "ours", totally shared with me and my brother, we ask and we got it. But I'm afraid that has spoiled me, or, at the very least, confused me.
cont
>>1821341 cont
I'm 27 years old. I'm at my last year of college, studying Visual Arts. Yes, you read it right (it's a free course though, no debts or anything, I'm not in the US btw). I do freelance works desigining some shit, illustrating covers and things like that, not much money involved and it's almost at a stop now. I also work part time at a library. My salary and some money my father gives me every month works for me to pay my rent and all other expenses. But I don't save anything. It's been a year that I've been doing just above zero, I have like 200 dollars spare and that's it the rest comes and goes. I can't even think of investing anywhere, or like, dream to buy a house with this perspective. I've also been very idiotic lately, spending money on things like eating out too many times a week or buying books on impulse and only half-read them. I want to cut the bullshit out of my life.
I want to save to solo travel after I graduate, in 2018. Perhaps work abroad in exchange of a place to stay. I also want to work with I do best (visual arts), though it is a very uncertain thing to do, whereas my library job is very safe (I could easily stay there for 30 years if I want to, just like some colleagues of mine) but pays very little and have little room for promotion. I would also like to save some real big money, perhaps to settle down later on, perhaps to invest on projects. I consider denying my father's money and, even if it squeezes my budget greatly, this desperation could make me smarter. On the other hand, I could just be smarter and make better use of this money.
I work very little, gain very little, spend very little, risk very little... But I have ambition. Right now, I'm looking for any financial advice from you to get me out of this limbo. You know, simple stuff like "save first, then spend and not the contrary" are things that I really need to learn to put into action right now.
What do you say, /biz/?
Thanks.
try r9k
as soon as i started saving money and investing it it kind of became addicting. Why put money into a savings account when you can put it in bitcoin or some stocks or something and potentially make more money? My biggest vice was tech but I finally got it through my head that tech value depreciates like crazy so just wait a year and then get the 1080 or whatever. I read a lot too.
>Be me
>Graduated 2014, BS Geology from Large State School (TM)
>NEET ever since/occasional wagecuckery.
I want to turn my life around. I hated my degree (was forced into it by family), but I'm good at Math (went up to Dif Eq's) and am reasonably fluent in Arabic.
What do?
>>1821080
I'd suggest the CFA but I don't know if you need a finance related degree for it.
You could try joining a big4 firm such as pwc in one of their graduate roles. There's plenty of positions which don't require an accounting related degree.
What are the financial benefits(tax breaks, discounts, ect...) of getting married in the United States and the State of Texas?
>>1821043
none. Just get a surrogate and pay for day care. will be way cheaper than a wife.
>>1821043
Literally a marginal break on your taxes. Just search single vs married filing jointly on your taxes and then compare how much you earn and what bracket youll be in.
Is utilizing a credit card and paying it off in full on a monthly basis a valid way to improve/maintain credit? Or is that strategy just a meme?
No delinquents
No missed payments
Credit age
in order of importance
Or don't use them. That always works.
>>1820779
I have a the BoA cash rewards card and use it for everything, never use my debit card or cash. So its essentially free money. I pay it off every few days and I have a 790 credit score. So yes that it as very good strategy.
>he didn't buy Ethereum
>mfw some random based anon gave me 4 coins
I have been noticing a nice uptrend will buy next dip
>>1818463
Spend your $4000 future bucks wisely
>>1818439
Is this 2015?
how can I become rich?
I want to know what it feels like to own a lambo and dress in expensive suits.
Just be yourelf
>>1818366
Sell your ass
>>1818366
You don't. You lost the lottery when you were born.
>Good Goyim! So you want to be a rich man? Invest your savings into an Index Fund, and you can possibly retire as a millionaire after living like a peasant for the entirety of your working youth! Oy vey, don't be stingy though, make sure to share your wealth with the fund managers and save a pretty penny for the tax man! Don't worry about how much your million dollar payout is going to be when you take it out in 35 years, start planning how you're going to spend it! Perhaps you'd like to buy fine Jewellery from Rothstein & Co. Or perhaps a shopping spree and Silverschmidt's?
>As you tuck into your cold bowl of microwave Ramen watching Chad fritter his income away on driving his BMW and planning trips to Thailand with his girlfriend, just think of your bright, golden future knowing that you have 66% of your paycheck steadily outgrowing inflation where you aren't going to touch it until you need a hip replacement!
When are we going to admit that the only people who should be telling young people who want to be wealthy to invest large proportions of their pay into steady growth funds are the people who trade the funds and the people who take commission from putting them in the funds?
What should we do instead?
>>1823110
bitcoin of course
>>1823110
options
>>1822727
Who else uses this exchange for btc and eth (pic)
>>1822727
Not enough.
At one point my measly pocket change part time job was enough and those three digit paychecks were awesome.
Now it's like, $4,000 in overtime? Better put it towards debt
How much you make is subjective and will never be enough. If it was we would all be NEETS.
>>1822727
>not posting answer to your own question with proof in pic