Archived threads in /biz/ - Business & Finance - 6114. page

I agree with your reasoning, but we really didn't need a third thread about this on the first page.

>>1759190
>>1759268

>>1760611

My bad. I searched the catalog for "tariff" and didn't get a hit.

Texan here, Trump's a fucking idiot in general. Your analysis Is basically correct. A tariff is a protectionist policy to make a country's own goods more attractive by inflating the price of foreign goods. If they're trying to "make Mexico pay" for the wall, this isn't how you do it.

As I understand it though, they're backing off because anyone who took basic macro Econ knows exactly what type of bullshit it is.

>>1760549

Worm castings will be the money-maker. It's their shit. With that shit you can grow bigger vegetables or plants. You sell that at a respectable price for so much per pound and you walk away a richer man than you were. I, personally, will be trying to stay local and hit up the farmer's markets. From what I've seen, there isn't anything for it here. I could be wrong, but I haven't seen it as I said. I've also looked it up online and there's nothing in my area for it on places like Craigslist. So, local stuff will help the environment too with less fuel and emissions going towards transporting it across the country.

The worms multiply, so I will get more worms. This will require more space to house them and more food, but I will worry about that when it happens. I can also sell the worms for fish bait if I want, but I don't really plan on that. The worm castings can be boiled for "tea" as well, which will help growth of plants and can be easily sprayed. I plan on selling that in a spray bottle for ease of use for anyone that'll purchase it. I also plan on selling little bags for the little potted plants people keep in their homes.

I'm really bad at marketing or selling myself so I just plan to do what I can in order to sell it. I can't really "gussy up" worm shit. I just want to sell a product to people that will help them.

so this is what it's come to - selling worm shit.

>>1760725

Yeah.

>salary
>$85,000
>$66,000 after taxes and insurance
>bonus
>$15,000
>it's immediately taxed at 25% when they deposit it for net of $11,250
>$8,500 in 401k matching
>total take home pay including money saved in 401k:
>$93,250
>no mortgage, car paid off, like $2k in credit card debt
>saved up $50k this year

And now I need to spend $40k of that rennovating the house: new flooring, painting inside and out, replace the A/C, new roof, and remodel the kitchen and bathroom. Fucking real life sucks ass. I almost said fuck it and bought a new house but that would just be more expensive in the long run.

>>1760589
Rent?

>>1760595

I own a home. My parents bought it; dad died, moved my mom to an apartment I pay for (she doesn't speak English and works as a housekeeper). I took over the house with $75k left on the mortgage. I made lots of extra payments on the mortgage over the last 4 years and literally just got debt free by paying off most of my credit card and my car off.

Over working for the last 6 years I only have $70k saved ($50k from 2016 alone) due to focusing on paying off debt; now fucking home renovations are going to eat my ass. Hopefully there's no big expenses for me this year.

Do your own research dumbass

you listen to biz and get in late on the latest pump

have lots of btc
buy up lots of a cheap coin that is 1 satoshi (0.00000001 btc)
wait for others to buy as well, then pump or dump.

look at coinmarketcap for some cheap currencies

nothing is ever really long term and you would be lucky to find such, all alt coins are flavor of the month

>>1760385
yes

With that attitude, yes you should.

>>1760385
If you can't attend the best, just accept you're shit tier

Become a day trade for fun with like 25k.

Forex or crypto and just learn TA.

No need to recover from neetdom anymore.

>>1760378
What the fuck is TA?

Also, how do I get into day-trading?

Technical Analysis.

Look up forex brokers or just go to the /ccg/ thread and look up crypto exchanges.

None at all, mine froind... none at all...

>>1760371
dunno, i have seen a card that offers 20% cashback, and i'm very interested. it's capped of course, but that is why i have multiple cards to take advantage of the cashback properly.

>>1760449
20%? What card?

>>1760355
literally been doing this now for 2 years straight

love this meme

>>1760357
when I mean love I mean has sucked the life out of my and I have no more will to live

>>1760360

ATS needs to die.

>>1760331
selling my mouth at the glory hole
>investing the profits in an index fund with compounding interest
>net returns and build my glory hole business
>install a 2nd glory hole for my asshole to double my profit margin
>continue to diversify my portfolio
retire a millionaire
all while getting laid everyday

>>1760396
>not investing in anonymous fellatio franchises across the US
>not trading your blowjob business on the nyse
>not hiring the best boypussy you can find
>not offering a buffet of different services and fetishes to insure repeat customers

>>1760411
>not offering a buffet
Warren Buffet gives the best old fashions, he got his start this way

You have it backwards.

You have 100 bucks in the bank.
You pay 100 bucks to buy an asset.
Now you have 0 bucks and an asset.

But even though you just spent your 100 bucks, the IRS doesn't accept it as a business expense. Instead they force you to write off 20 bucks for the next 5 years.

So even though in the first year they pay 100 bucks, they can only avoid tax on 20. And money in the past is always more valuable than money in the present. So depreciation is a really bad deal for businesses compared to having the full price count as a business expense immediately. It's something tax laws force businesses to do, because it benefits the state.
In the first year your profit on paper is way higher than it actually is, and yes, in later years your profit on paper is lower than it actually is. This is not a good thing for the business though. You want to write off shit as soon as possible.

w-w-whaat?
Well I am gonna take bait, there's more to assets than cash.

You know how your computer doesn't work as well as when you bought it? That's depreciation.
Real estate, cars, machinery, etc. gets old and becomes less useful for its intended purpose.
It would make no sense declaring that you have a 80k car in your estate when you and everyone else knows that it's a 20 year old piece of shit that you couldn't sell anywhere near that price.
Deducting asset depreciation is no trick, it's something tax law allows to show the real cost of producing goods and services across time.

by working for it dumbass

File: cashflowquadrant2.png (230KB, 486x407px) Image search: [Google]

230KB, 486x407px

Watch this...
https://www.youtube.com/watch?v=EBK5aKOr2Fw

http://www.wikihow.com/Start-a-Cult

https://www.youtube.com/watch?v=p2awtogjz-Y&index=1

>>1760280
wear a ski mask

credit card thread?

I'm looking for a 2nd credit card and wondering what I should get. Is the amazon prime card worth it?

>>1760511
What are you looking for? Flights? Cash back?

>>1760267
>wasting a hard pull on a slate
Everyone knows the Amex plat is an instant pantywetter

>>1760614
Cash back mostly, I don't see flying regularly in my future.

I'm just wondering if there is any obscure card out there that doesn't show up on Google searches. Everything seems to max out at 5% cashback.

Is there any other rewards besides flights and cashback? Can I get monthly hookers? Free software?

>>1760237
Here's what I'm looking for:

What is the safest alternative to a savings account?

Looking to beat my paltry 1% interest as safely as possible. Was thinking Treasury bond mutual fund. Thoughts?

>>1760237
What kind of technical analysis do you use and what is your track record?

Nice LARPing, faggot. Anyone with half a clue knows that first-year "traders" are just assistants that help out the actual traders. And you don't make six figures, loser.

>>1760224
i wouldnt browse this shithole if i fucking knew

>>1760224
ez

>>1760224
what's this guy's name again

Ill bump a few times. I know that was vague as hell and possibly even misleading. Maybe you just rented out the pad?

Lonnie deal

Never heard of this practice, but I did hear of trailer park owners being very abritarty when it comes to rules and late fees.