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Archived threads in /biz/ - Business & Finance - 6033. page

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For someone who is passively investing in a retirement fund, is it better to put money into ETFs or Mutual funds?
10 posts and 1 images submitted.
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ETFs, of course

Specifically 1/3 XLV, 1/3 XLP and 1/3 short XLK

You're welcome
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>>1797403
Advantages of ETFs: Much lower management fees, can be sold at any time exactly at spot, no bullshit fees for buying/selling.

Advantages of Mutual Funds: More diverse and particular topics available, the (highly paid) funds manager *may* be able to beat the market.

In short: If an ETF exists for your planned investment, it's probably prudent to take it. Long-term it's pretty unlikely that a mutual fund will beat the market while an ETF will always be on par with the market (minus the fee of course).
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>>1797403
alright I think ill just go for the low expense commission free etfs

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Why should I invest in the stock market or meme currencies when it is easier to indentify trends and safely make money on sports betting?
19 posts and 3 images submitted.
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>>1796697
do what works you faggot
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>>1796697
>safely make money on sports betting?
Watch the Superbowl and tell me there was a safe bet. Patriots were supposed to lose and they came out on top.

If you think sports betting is anything other than 50/50, you're delusional.
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>>1796727
Yeah mate fucking amazing example.

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Get Your Fucking Shit Together Edition

-- Links --
Stickerbitch's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Shitposting room:
https://discord.gg/5k3sVzC

Another worthless shitposting chat:
https://telegram.me/robinhoodgeneral

-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
Jewish tricks? No, and please refrain from the antisemitism! Robinhood graphs are shit and only show you an average, not true real-time prices. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.

> How is it free?
"People" invest your settled funds when you're not using them, just like banks.

> Is this the place to pump and dump and/or shill a worthless stock?
No, but you'll do it anyways

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> Where can I get better charting or bid/ask?
Real brokers, like TDAmeritrade's thinkorswim. Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.

>Is yahoo finance garbage?
Yes. Use Google or one of the former options instead

>How do I git gud?
People here are gambling, Take all advice here with a grain of salt. Follow news, earnings reports, and stay away from leveraged etfs, also learn difference between LIMIT and MARKET orders.

PREVIOUS THREAD:
>>1798220
367 posts and 37 images submitted.
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I took a few days off

whats this weeks memes?
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>>1799642

The consensus from the last few threads seems to be NAK and NMM.
>>
CERU
M a h n i g g a
a
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n
i
g
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a

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I am 39 and I have $850k in cash, Vanguard index funds, and Gold ETF. I also have about $400k in home equity.

How do I turn this into $100mil in 6 years?

Thanks in advance, /biz/
29 posts and 4 images submitted.
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>>1798285
>39
You're too old, grandpa. At this point your life is already over.
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>>1798285
Achieve average annual return of 121.5% for six years. Good luck.
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Buy PIP on the next dip

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I usually get 11% of the money I deposit which I never knew that it was money laundering.
If they transfer $10,000 , I deposit 8,900 and I get 1,100 a day.
And no one knows it. Never
6 posts and 1 images submitted.
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I sure hope you have butthole insurance for when you go to prison.
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>>1799374
i bet op also has roleplayed as a tiny white boi in a high security prison
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>>1799364
wow sounds cool!

Just do that 100 times and you have a million dollars!

Is there any real biz in biz?
i just get an impression its just the same betas from all other shitty 4chan boards trying to fool themselves out of reality, idiots who ask instead of googleling their stupid questions wich by far provides more accurate information then these other pretentious cucks seeking the american dream of financial independence in a pool or more pathetic betas asking themselves for the answers to the game.
Does anyone have the blueprint for success?
starting with EIN and type of business your running
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Once upon a time there was.
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>go on biz
>200 threads about crypto currencies or stock trading

Just make a new board already
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>>1799271
Luke all other boards. Dig for gold op. 95+% homo. 4 percent ify google checl bullshit. 1% or less legit. Got a failed biz, losing money on 2 rentals. Ama.

Btw i regret nothing.

Learned more with this than anything.

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Is 2500AED per month tax free considered a good salary for an engineering job in Dubai?
6 posts and 2 images submitted.
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>>1799098
>2500AED
2500AED = 680USD

Fucking slave, I spit upon thee.
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>>1799098
>>1799102
oops I meant 25,000
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>>1799106
average is 7k opening job in the middle east

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Greatest /biz/ movie of the past decade? If no, what is better?
6 posts and 2 images submitted.
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Trailer for the unaware
https://www.youtube.com/watch?v=AX2uz2XYkbo
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looks like kino desu
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obv

I've lived the NEET life until two years ago when I decided to teach English in China.

I had no idea I still had to pay taxes working in a foreign country. I've never even had to pay taxes before. I have no knowledge of taxes whatsoever!

What form am I supposed to submit? How do I submit it? The internet is useless. You may think, "he didn't look hard enough," but I even enlisted the help of family, and they also were aghast at how there was nothing on the internet about this.

And I tried contacting an accountant. Each and every one either said they weren't taking on new clients or that they were unfamiliar with the protocol.

I'm fucking scared, /biz/.
12 posts and 1 images submitted.
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I just googled "paying taxes on income earned abroad" and got dozens of results.
What part of the process confuses you? You just pay taxes on what you earned, less any exemptions you file for.
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>>1798844
use one of the tax helpers online
there are several that walk you through complicated international options
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>>1798861
Yeah, and all that means jack to me. Those results are for people with real jobs, not someone making a yearly 13,000.

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Hi biz. I used to browse the rgt threads for pump n dumps around the time of pimple but haven't been back since. Recently I've been presented with a very unique opportunity.

While applying for free gibs from the government due to some disabilities (including depression) I was examined by a state-mandated psychiatrist. At the end of my visit he gave me his number. He says weird shit to me and offers me money fairly often, and while he may be a sweet person, he is also really fucking creepy and definitely has darker intentions - maybe he does this to other people as well.


After I figure out whether he does this to other individuals, how and for how much can I bribe him for using proof? What type of proof would I need aside from texting? He's married and has a family, by the way.


Should I get out the kneepads? How much do I charge? I'm a dude, by the way. I'm not gay but I mean whatever money is money and I'm poor.
11 posts and 1 images submitted.
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>>1798839
i'm not gay, but $20 is $20
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What did I just read
>>
Quick, someone type up "One million in One Year: The Kneepads Method" and sell a pdf of it to this dude for $19.95

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I'm a Saudi foreign student in USA. Arabic is native language. English is high intermediate.

How do I make some cash?
6 posts and 2 images submitted.
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>>1798707

Invest in stock market. Don't fall for the cryptocurrency meme.
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>>1798707
Hit up isis on twitter. Wait for nsa to contact you and send your resume
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>>1798707
مص زب بالعربي

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What's keeping someone from just using a 5000$ workstation to mine shitcoins? or an entire company to use their super computers worth in the 500k range?
12 posts and 2 images submitted.
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>>1798688
>What's keeping someone
idk why don't you go ask them you retard
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>>1798688
because it costs less money to just plant bitcoin miners in pirated video games
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>>1798688
Nothing, just like nothing is stopping you from killing yourself

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Military > MBA

Wtf do I specialize in during my MBA? It's a pretty solid semi-target so I've got options. I seriously don't give a shit which stream I go into. Any extra redpills lying around? Need some advice goys

Which do I avoid for automation?
Is marketing a meme for rich suburban girls?
Will I kill myself in accounting?
Would I be arriving late to the finance/consulting party?
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>>1798533
Bump, need help
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>>1798533
Things that aren't going to get outsourced/automated are operations, quality control, security/safety, and regulatory/legal. Don't know if those are options for you.
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>>1798566
Institutional Equity Sales, Investor Relations? More of a people person and these were the only conversations I've had so far

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I know its (((guardian))) but is this real, /biz/? Are car loans gonna be the reason for another crash?
11 posts and 1 images submitted.
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this or school loans
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>>1798484
Been claiming this for at least two years. Question is how to best bet on it? Are there CDSs for auto loans?

Side note: fuck captcha if it makes me look at Fenway one more time
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>>1798510
Would the loans not be concentrated with the auto dealers? They'll bear the brunt of it. I don't think these auto loans have been collateralized with anything big enough

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$TSLA
284 USD
UP FROM 269 USD JUST YESTERDAY

DAILY FUCKING REMINDER
PIC RELATED
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>>1798281
>P/E ratio -
no thanks
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>>1798284
EARNINGS WILL SKY ROCKET IF YOU HOLD, JUST LIKE I SAY A FEW MONTHS AGO.
$TSLA TO HIT $600 BY THE END OF THE YEAR.

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