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Archived threads in /biz/ - Business & Finance - 6097. page

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So you pumped your buttcoin to the hill with muh leverage and now what?

Bored from your penny stock altcoins?

What will you do next?

Prop the forex sham?

Prop the wall st. scam?

You just grabbed the biggest bag they had and you are destined now to hold it like a good little boy.

Never event horizon you dipshits.
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>There are people on this board right now who bought BTC at 1000
>>
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>>1767955
>Mfw I bought 1.5 at around $250 and people on this "finance" board called me retarded
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>>1767958
Smart time to get in. Hope you got out by now.

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I'm thinking of starting a body bubble business. I want to buy about 30 first and hire them out for parties and events or hire a venue where people would come and pay around 15 for 30-45 min sessions. Got any advice or input guys?
7 posts and 1 images submitted.
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>>1767883
Oversaturated market anywhere it matters
>>
Whenever I was at some beach can't remember where I saw these things laying in the ocean and some sand-nigger was charging people to lay in them or spin or whatever the fuck you do in them. People were interested but idk. Seems like a useless market
>>
>>1767883
Get a good lawyer to draw up the liability waiver people need to sign before getting into one of those.

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America = fucked. You think you can print your way out of this forever? I don't think so.
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MAGA
>>
The next two years will likely be bad as recourse for increased protectionist policy and bringing back tariffs to level costs of labor between bilateral deals however depending on how it affects job growth and competitiveness in the local economy it could be a very good thing in the long term since now more companies in Western countries can afford to startup in the US, Canada, UK, etc. which will grow the economy. However it mostly depends on how China, Mexico and the like retaliate as well as backlash by the public in those countries which seems to be towards full scale revolt and civil wars which will likely cause a crash and massive shortages of products coming from there which once it ends will probably lead to a more stable and safe market for borrowing which will essentially fix the looming debt crashes.
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Print, no.
Bomb, yes

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stop me from killing myself. wtf do i do? when this was a meme, i bought in at $.45 each and had a limit sell at $.53. Next day market opens at $.52 and it all goes downhill from there. Do I take the loss? I'm such an idiot. 18 years old, invested $4.5k in stocks and have lost $2.1k from it...
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Everyone said to sell and not hold overnight.
Sounds like you got greedy.
>>
big deal losing 2k. actually it's ok that it happened, cause you learned from it.

i've straight up wasted much more money than that, but i didn't kill myself over it.. so don't trip
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>>1767714
you should try r9k

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>tfw spend 80-100 hrs at wall street/ big four
>barley earn 6 figures

>youtube stars like pewdiepie make millions just playing video games

fuk life
9 posts and 1 images submitted.
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>>1767674
>working in finance/accounting
LMAO
>>
>>1767674
try r9k
>>
>>1767674
MBB you'll have 80-100h weeks
Big4 you'll barely put in 60, more like 50


also think about all the born-rich trust-fund babies, they have millions and don't even have to cater to retarded 12yr olds on youtube!

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Hey /biz/. I recently was able to transfer from my Community College to a local University. On Tuesdays and Thursdays I have about two hours and fifteen minutes of nothing while I wait for my next class. I've been thinking of using this time to at least start investing in stocks. The problem is that I don't exactly know how to do this. From what I've read I need a brokerage account but I don't believe you can make one through your local credit union. How do I make an account, what material should I read, and I should start with penny stocks in order to gain experience on how this works, correct? Your information, help, and advice is very much appreciated.
6 posts and 2 images submitted.
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>>1767643
If you are American, get a Robinhood (.com) account. No fees and easy client. Use some of those hours reading/watching videos on day-trading. I learnt most from practice, and discussing the stocks at Stocktwits, it's not as hard as it seems. Investing a few hundred dollars in some penny stocks is a nice way to gain some experience.
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Advice:
1. Buy the dip.
2. Have strict stop-losses.
3. Sell before you expect others to sell.
4. Read up on the company.
>>
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>>1767685
I'm almost done signing up for a robinhood account. It just asks for a passport or driver's license now. I a good amount of money saved but I still live with my parents, and my father doesn't want me to pay money for a driving instructor. If I need to go somewhere I take my city's bus and/or my bike to get to a location. I have my passport, but it's from when I was around two years old. Searching online doesn't give me information that I can't use that passport if it's still technically my current one. I'm guessing I can still use it then?
>>1767691
Back in high school I made a 69 slide portfolio for Wells Fargo on whether one should invest in the company or not. My final chart analysis stated that it was a good company to invest in for long term profit. This was back in October of 2015, and the stock price did steadily increase until it entered the year of 2016, where it dipped for most if not the whole year. At least now I know when to expect a dip. I'll also look into stop-losses and read up more on the companies. From what I recall my economics teacher from back then had us use yahoo finance for information on a company, so I'll try and use that once again.

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Can we agree that there will be a huge financial meltdown shortly?
You could even argue that the 2008 collapse didn't fully happen. All the shit that caused it is still pumping
13 posts and 2 images submitted.
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>>1767559

>implying
>>
>>1767559
Well, Trump would be the perfect scapegoat to pin it on.
>>
Inb4 emo zero hedge fags
>hurr the end of all this is coming
>soon you'll see
Are you a winner in the post apocalypse? Girls only wanted rich fit Chads before but for some reason you'll become cool in the end times kek

$AMD!

-- 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:
>>1766487
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AMD is going to mars before spacex
>>
>out of daytrades
>too chicken to play 3x etfs without them

fugg
>>
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>>1767553
ETERNAL GAINS
T
E
R
N
A
L

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What causes a stock to rise and fall?
29 posts and 4 images submitted.
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buy/sell orders
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>>1767400
feels. literally.
>>
How the fuck do companies work anyway?

The stock wouldn't go down if people didn't sell. Plain and simple. I listen to the news, and I'll hear how housing "dipped" last month which cause "stocks to go down" or someshit. THEY ONLY GO DOWN BECAUSE PEOPLE SELL.

IF NOBODY SOLD, THEN THERE WOULDN'T BE THIS DOMINO EFFECT OF "OHSHIT, STOCKS ARE PLUMMETING. I BETTER SELL TOO." *STOCK PLUMMETS EVEN MORE*

I can't into economics, but can there please be a better system than this shitty one where old, rich guys technically own companies because the companies, regardless of their CEOs or Presidents or whatthefuckevers have to appease these old rich retards?

Why does a company have to be depended on their stocks? If they make a product, and it sells, badabing badaboom, company has infinite monies now.

I can understand start-up capital. To even make a product, you need the money to be invested to make the product to begin with. But when the product makes the money, can't the company just give back to these rich retards what they paid or something, and then just continue to make products on their own autonomy?

I fucking hate stocks and markets. Better system nao plz!

/watch?v=Q9QhU3wb_aE
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redit told him to
>>
This guy about to become a multimillionaire before our eyes in less than 1 hour
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>>1767370
this guy... cant figure out if for real or troll

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I am 36 years old. In a relationship, but no prospect of having kids in this one.

Single, good looking, slightly crooked teeth , probably starting to go bald, net worth around 40k dollars, salary 80k dollars. 10k dollars in stock.

What should be my priorities?
26 posts and 2 images submitted.
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>net worth around 40k dollars, salary 80k dollars

How can you have 40k with a 80k salary?

American insurance like 40k a year?
>>
I spend about an hour every night working on a video game which I am hoping to sell for quite a bit of cash.
>>
>>1767339
>36
>net worth of 40k
Nigger, I've only been working full time for a year and have a higher net worth than you. SAVE, DAMNIT

Post stories, advice, and any info relevant to the expat life. I've had friends tell me about how they were able to live an upper class lifestyle for under $1000/mo by going to the right places. Very interested in hearing from anyone who's had expat experience.
8 posts and 1 images submitted.
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I'm from Canada and living in the US. It's pretty nice. The weather is better, most things are cheaper, including homes, and salary is higher for what I do, not even counting the good exchange rate right now.

I know it probably barely qualifies me as an expat, but it does give me good benefits like what you're talking about.
>>
>>1767314

Met a really interesting old English guy while traveling in Thailand. Here's more or less his life story from what I remember:

>Worked normal job in England until middle age, never married
>Had some savings but nothing insane, decides to quit his job
>Is an avid cyclist, decides to bike around the world
>Realized he actually had a fairly good chance of beating the world record bike circumnavigation
>Set record
>Ends up in Thailand, decides not to go home
>Opens a hostel in Chiang Khong
>Marries a Thai woman, has some kids
>Someone else breaks his record
>It gets broken a few more times while he's living his life in Thailand
>Decides he's going to go set the record again

I met him while he was in the planning stages of going for the record again. I haven't tried to contact him since, but it's certainly a more interesting life story than most. It was really striking just how distant he seemed to feel from his home country, I'm really not sure that's the kind of life you want to live
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>>1767496
It's because England is a pile of shit in every single way, so it's easy to feel distant from it.

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>Sorry kiddo, you're just never going to make it. Have fun being poor XD
>Is a wage-slave

Why is this board so awful? Do you think acting like a bell-end makes you any less of a fucking loser? This place is filled with people who think they're Gordon Gekko because they have $5k in a Robin hood account. Link me to one decent post, just one.
19 posts and 1 images submitted.
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>>1767259
Then leave

It's a business board (actually created for the purpose of containing cryptocurrency spam) on an... ANIME WEBSITE. What do you honestly expect?

Business and finance professionals to congregate here?
>>
>>1767259
>Link me to one decent post, just one
>>1764868
>>1764880
>>
>>1767265
I was expecting people to actually have SOMETHING, even if it's just a small retail location or a "dropshipping business" which runs exclusively off paid ads. The entire board is devoted to day-trading and news.

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don't question Trump
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SHOULD I BUY?
>>
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>>1767225
A WHOLE 55 CENTS? GEE GOLLY STARBUCKS CAN NEVER RECOVER
>>
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>>1767225
woah... so this.... is the power of Trump...

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Muh dad owns a shop that I work in a couple times a week, it's just him and I that work there and we act as a central fabrication and repair place for another company. But since the end of last year we've been getting a lot less work and I need help figuring out how else I can utilize the shop to make money. It's a shop that has all the tools necessary for wood, metal, and auto work, I can pretty much do everything here. I tried creating side hustles such as sewing custom thigh straps (it's a long story, failed because I couldn't find low-profile-enough materials), real carbon fiber phone cases (failed because I couldn't achieve the perfect fit doing everything by hand), and shoe repair (not enough money in it, plus not a shrinking market). I have access to many different plastics, metals, fabrics, rubber, composite materials, pretty much everything and anything raw as well as glues and different resins.

Any constructive advice would be appreciated.
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Look at Etsy, fabricate expensive furniture for hipsters
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>>1767191
Get thrown out furniture from goodwill/craigslist for cheap/free.
Reupholster the furniture and sell back on Craigslist/Etsy/Ebay at a mark up.
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>>1767213
Just looked through it, sex furniture may have better margins. https://www.etsy.com/ca/listing/258463226/trap-bdsm-bondage-bondage-furniture-bdsm?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=furniture&ref=sr_gallery_10

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