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Archived threads in /biz/ - Business & Finance - 6077. page

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WEEKEND HOLDS 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

Alternative memechat for poorfags:
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 just shit and only show you an average, not-really-realtime price. 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?
Are you aware how small this community is? Better to try stocktwits or r/wallstreetbets

> 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.

>How do I git gud?
People here are gambling, don't listen to any advice in this thread. Do, follow news, earnings reports, and stay away from leveraged etfs, also learn difference between LIMIT and MARKET orders!!!

>LAST THREAD:
>>1772282
312 posts and 67 images submitted.
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First for Ceru mah nigga
>>
I'm holding TENX and PLX for the weekend. Interesting TBIO is moving again.
>>
CERU TO THE MOTHERFUCKIN MOON

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Scotland may be leaving the UK following Brexit.

What would be the best way for someone living in England to profit from it?
32 posts and 1 images submitted.
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>>1773263
Invest in Scotland because England will become the North Korea of Europe.
>>
>>1773281
>England
>small c conservatism, free trade, liberalism, common law
>Scotland
>SNP literally trying to steal land from people for the greater good

you must either be Scottish or American, no one else is this ignorant.
>>
>>1773293
>A country which embraces free trade and cooperation with the largest trading bloc in the world.
>A country which embraces protectionism and closes its borders because of "hurrrr immigrants stealin muh jobs"

Gee I wonder which country will proper more.

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https://www.bloomberg.com/news/articles/2017-02-02/snapchat-parent-files-publicly-for-3-billion-initial-offering

>only non-voting shares.
>Snap Asks Non-Voting Investors to Focus on Vision, Not Losses.
>Loss widened to $515 million in 2016 from $382 million in 2015.
>Company has committed to spend $2B with Google cloud over the next 5 years.
>2 fucking BILLION dollars for computers.

DOT COM bubble 2.0 when?
51 posts and 5 images submitted.
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Seems like they know the jig is up and they want to cash out.
>>
>>1773026
short Snapchat,

Whatsapp adding delete message/picture feature aswell.
>>
>>1773026
How the fuck does snapchat make money, at all
Other than having rich partners for the """news""" section

>>1773030
It'll probably go up immediately from dumb cowboys buying it because hurr snapchat and risk investors trying to take advantage, don't you think?

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Why are people on this board who are looking for six figure salaries only looking at engineering and corporate jobs? Offhand what springs to my mind are things like:

>Military Officer (base balary + bonus pay)
>Foreign Service Officer (base salary + bonus pay)
>Intel Officer (base salary + bonus pay)
>Civil Service (base salary + bonus pay)
>Medical Doctor
>Administrator in a city department
>Tenured Professor
>Lawyer (yeah, I know)
>Architect

I know that I'm biased toward public service, but don't you find this board to be a bit myopic in where they are seeking salaries?
53 posts and 5 images submitted.
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>six figure government jobs

The king of "It's not what you know, but who you know". At least you have a shot at six-figures in the private sector.
>>
>>1772425
The competition for those government jobs is insane, because its one of the last areas that treat workers like human beings. Everyone else are fighting it out in the private sector like the wageslaving rats they are.
>>
>he thinks an architect makes good money
>He thinks being a professor is a good idea if you want to make money

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habbening
68 posts and 3 images submitted.
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How does snapchat make money?

Should I just just short the company the day after the ipo?
>>
I'm putting my entire roth (~80k) into this
>>
>>1772070
I look at the chick and think Mr. Potato Head... I think it's the eyes, maybe the teeth, also

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Another obvious dip that nocoiners miss, oh boy.
38 posts and 11 images submitted.
>>
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MOONIN
>>
nocoiners dead
>>
>shitcoiners so stressed that he has to make threads for every movement up or down on his fake currency or else he will off himselg

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are you ready for unemployment and civil unrest?
190 posts and 19 images submitted.
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Too bad they tried this in grocery stores and it's still preferred to have a person.
>>
>>1770685
only because most people can't scan produce and robo tills are too cramped for shopping cart sized purchases. i almost always use the self checkout. the line is usually 1/4 or non existent.
>>
>>1770685
Are you kidding me? Store clerks are fucking annoying compared to self checkout. They force me into useless banter, shove their bonus card advertisement down my throat, and rush me bagging, even though they are already slow as shit processing everything.

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how do I short my life
11 posts and 2 images submitted.
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Put some money in a box and leave it aside for a few years.
Assuming you're a big enough fuck up to cover inflation, the money in the box will be more than the returns from if you had spent it on yourself.
>>
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>>1777325
Speaking of which, how would banks go about creating derivatives for this kind of speculation? Would creating Junk Bonds that track the credit history of poor people work?
>>
Life insurance then kys

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Why aren't you rich /biz/?
8 posts and 1 images submitted.
>>
lack of luck
>>
Define 'rich' and I can tell you if I am or not
>>
Lack of time. Wagecuck here btw.

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Resume thread

Prime example of what NOT to do to get the thread going
13 posts and 4 images submitted.
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>>1777169
>>1777171
>>1777173
I would definetly interview this guy.

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/biz/ I really think I have a concept / idea that would really sell and could be of great value. Is there a easy way to sell just the concept ...methods?
12 posts and 2 images submitted.
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Yeah I'm sure you do buddy but let me guess you can't tell us what it is because we'd steal it.
>>
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>selling an idea
Only if its a movie script
>>
>>1777145
If it's a technology you can patent it, otherwise no, your ideas don't mean shit.

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Some fucking young guy on Facebook is apart of this MLM knows as World Venture that offers Dream Trips and wanted me to join his weird community and travel with him for low prices.
10 posts and 1 images submitted.
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holy fuck that has to be a cult

prepare to be talked into being soft-kidnapped and then brainwashed, OP
>>
>>1777127

Its a pyramidal scam yep

https://www.complaintsboard.com/complaints/worldventures-c217144.html?page=7
>>
>>1777247
That's what I was thinking it has all the signs of it. It's fucking textbook scheming and its so advanced that its pretty much a cult

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So apparently I might be exempt from paying the ACA mandate fee this year.

I've had health insurance till about early last year when I got cut off from my parent's plan.

Didn't think about getting a plan for myself because I didn't feel like I needed it or would actually use it.

I read that I could be exempt if the lowest qualifying plan was more than 8.13% of my income. How exactly do I find that out? I did get a 1095-C form from my job, do I use that?
6 posts and 1 images submitted.
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>>1776857
Didnt POTUS waive the Obamacare tax this year?
>>
>>1776877
From what I understand that EO was more lip service than anything and would really only apply to enforcement of the fee for the 2017 tax year.
>>
>>1776857

Bro you don't need to look anything up.

When you file with TurboTax you just select a box that says "healthcare coverage would have been an undue burden for me".

boom, exemption. it's that easy.

>Work 1 year for a finance/consulting company as tech support
>Company gets brought out
>Team leader quits and I get Kingindanorf'd into Team Leader by my team, against company's inclinations given my inexperience
>Salary goes from 40k to 60k
>My boss in another city, so I get to work pretty independently but rely on his advice for process/team management advice
>Team shrinks down to 3 people including me due to efficiencies created
>6 months ago, other two members of team successfully argue for a raise from 40k to 52k
>Find myself regularly doing 10 hours days, working on weekends for releases etc
>Want more money

The problem is, they've made some redundancies in other sectors of the business.

I'm pretty young in the game so I can understand them being light with the raise, but at the end of the day you pay for the role not for the experience. If I can do the job, I should get paid for it. Similar roles for team leader in tech support/finance specifically pull 80-100k.

The company has annual reviews for everyone at the same time of year. I really feel like I deserve a raise, but they're laying off people and it's halfway through the review period. What would you do?
6 posts and 1 images submitted.
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First, you have to know if you're viable to get a job elsewhere.
Apply to other jobs if possible, see what you can get from them. If that seems optimistic go ask for the raise showing average/trends you mentioned.
If you can't get the raise and other jobs available, just jump ship. This way you hedge for everything.

Laying off is rarely a good sign. More incentive to risk big or jump ship. Understand all implications.
A lot depends on how your boss likes you and if you really push value to the company. Leverage my anon.
>>
>>1776867
>First, you have to know if you're viable to get a job elsewhere.

Yeah I think that's the thing that worries me most. A lot of the other jobs are expecting extensive technical support skills (SQL etc) whereas I'm mostly soft-skilled. Would love to learn more but I just don't get the time in this job.

>Laying off is rarely a good sign.

One guy was an autistic dude (exceptionally nice guy) who used to cook bacon and eggs on a sandwich press. The other guy was a reasonably skilled database dev who ended up spending a lot of time doing basic data migrations and I think they realized they could get someone to do it for a lot cheaper - so it's hard to really gauge how the company's feeling.

My boss seems to really like me (as mentioned earlier, I work pretty independently - my boss has nothing to do with the product I support).

I think I'll start applying for other jobs to get a sense of my value. Thanks for the advice anon
>>
>>1776856
If the redundancies aren't in your sector then that isn't an issue (protip: it never will be. IT is lacking talent big time, 90% of pajeets can't fill leadership roles). In my past job I got to your point a few times but my manager/director were always fair and hit me with raises before I asked. Anyway, I think your first move would be to blatantly drop the hint to your boss that you feel you are knocking it out of the park and give him time to run it up the foodchain. Give it a month or so then ask him again if you dont hear back. Any manager worth his salt is perfectly fine with being asked for a raise

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What is a good credit card for someone with no credit history?

I want to start working on building a credit score for later in life.
12 posts and 1 images submitted.
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Secured Credit Cards from your bank. Use it and pay it off in full every month.

This is probably one of the easiest way to quickly build your credit score.
>>
>>1776839
Does it have to be from your bank?
I'm using a secured credit card from Discover and got my credit score from 400+ to 600+ in 2 months from buying groceries and Amazon shit then paying it off the same day

What does /biz think of Citi Double Cashback card?
>>
>>1776848

Have the citi card.
One of the best for cash back in dollars I think on the market. 1% on purchase, 1% on payment on all items. I wish my checking/saving account was same as citi so it would expedite the process in payments, but whatever. No fee on checking/saving account because student.

You probably wont get the citi card though desu. I dont think I would have got it, but they kept sending me shit in the mail trying to make me into a goodgoy. Finally relented after my bank shot me down. Not a very aesthetic card though. Have to flip it over to the back for your #.

I would go for a variety of networks, Mastercard/Amex/Visa etc, with no annual fees.

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