What is /biz/'s opinion on Milton Friedman?
>>1726234
Best economist of his time
>>1726234
Genius. By far the best economist of the 20th century, perhaps one of the greatest to have ever lived.
>>1726234
Free to Choose. Capitalism and Freedom. Those books change my life.
>So tell me anon, how do you plan on scaling your Hentai business? Its an over saturated market.
>>1726201
like my cum rag, saturated things eventually dry out and get very hard and crusty and there in lies the opportunity.
Teach thousands of underpaid sweatshop Bangladeshi kids how to translate raws on a commission only basis and corner the translation market.
>>1726223
Mr. Anon, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
Hey /biz/,
How would bimetallism be successful?
>>1726108
It would be successful in that the depreciation of the currency would be arrested. That is, governments would no longer be able to use the stealth tax of inflation to rob people of their savings.
But bimetallism has a problem, too, since the price ratios of the two metals can vary quite a bit from the official ratio set by a sovereign. This will cause problems where one metal may become rarer than the other for periods of time.
Is there a place I could read up about owning precious metals? I find the idea of owning physical gold and silver to be very interesting.
>>1726581
You have to read around a bit, trying to find 'independent' commentators, who aren't taking 'enthusiast' to the obsessive stage and remain grounded in reality. Failing that, just get your head around what the market offers: Goldmoney.com/r/mdCA4w etc., and use your common sense to figure out if it's legit or not. I'd just play around with it for a bit to get a feel for how it works, and see if it's for you. Obviously depends how much time and effort you're willing to put into it, and there's different 'levels' of the game for different levels of commitment.
Hey /biz/ I flunked out of school and am wondering if the major I wanted is actually right for me. I'd like to try to see if I can obtain an internship to see if I like doing work in the field but i'm not sure how to put on a resume that i'm not currently tied to a school. Any advice?
why would anyone hire a failure like you?
What do you like / What do you see yourself doing? Maybe start there?
What do you like / What do you see yourself doing? Maybe start there?
So this is it anons. This is the time in my life when I will be graduating high school and moving off to college. Recently 18 and set to graduate in a few months and I don't want to take responsibility for my life. But since I'm forced to I'd like to hear all your tips and any help managing my money. I'm going to college for 8 years (astrophysics phD cause alot of the jobs I've looked at if you have a PhD starting is close to 6 figures a year and that's not bad plus I'm passionate as hell about space) looking at a private college that runs about 40 k a year. Now I know this already sounds retarded but hear me out, this college is the best idea for me. I don't have to pay for housing because I have family withing campus limits, and I've been offered a 7k a year scholarship for my first 4 years, plus grants I'm looking at for my class rank and SAT scores, and FAFSA money. Now all that aside I still want some tips on how to manage all this debt once I'm out, and general adult financial tips that you've all applied to your life that seem to work. I'm awful with money and need to learn.
How much in grants are you getting? It sounds like after the scholarships, you'll be around $130k in debt after you get your BS.
The housing situation is huge and if your family lets you live off them as well (ie: they pay for your food, gas, and insurance), that'll be even better. My advice is to live with your family as long as possible after you graduate. That way, you can easily save 70, 80, even 90% of your income and get the debt paid off in only 3-4 years with the funding you'll get for your PhD and maybe another part time job instead of having the debt hang over your head for over a decade. This way, you'll have a clean slate when you get your doctorate and be saving money for a house instead of paying off student debts
>>1726136
Not sure. Total tuition is 40,000 but subtract 11,000 just for housing and another 2,000 for other expenses my dad will provide (I'm living with him once I graduate) and then another 7,000 in getting from a scholarship every year, and probably around 5,000 from FAFSA because I live with my mother who up until recently was a single mother working a part time job. So probably around 20k a year
>>1726260
So
>Be 80k in debt upon exiting school
>Don't want to start working in a job because it's shit, and you need research cred to have a good job as an astrophysicist
>Spend $200,000 MORE getting a PHD
>Dr. Anon
>Woot
>Now I can get a job that I make $6,500 a month at starting out and figure out how to manage going from having no income whatsoever to having that much
My advice to you is if you want to go the route, MAKE THE FUCKING GRADE. Don't over-socialize, make grades your priority, not pussy, although don't take this to the extreme either, have a healthy balance of staying in shape, getting laid, and making A's.
If not, your scholarship will get cut, won't be able to find a job because of one B you got in sophomore year, etc.
Oh yeah and when you get out be prepared to pay about 60-70% of your salary monthly towards your debt. Add 20% for rent, assuming you don't live with your parents like typical 4chan user and yeah you're fukken broke. lol
But if you pay ~4000-4500 a month you can have your debt eliminated by the time you're like 32. lol
>At that time you can start living life... entering middle age lol
j/k it's your prime
how would you invest $250,000?
>>1726063
put it all on black.
>>1726063
I'd buy land.
>>1726063
In my business
>be 22
>about to graduate with my masters in econometrics
>going to go military due to family tradition and fufilling a childhood dream
And all I can think about right now, coming down from a relatively uneventful trip on shrooms, is how much potential there is in every fucking person here.
I mean, we all know /biz/ is just a bunch of memes and "this is my first time here turn $50 into $1 mil", but those of us that stick around for the fact that we want to suceed in life have something truly powerful in us.
We all recognize hat ambition that is there to just fucking win, it doesn't matter if it's through a memecoin or shitty stock tip, there's this unbridled ambition that I cna see coming from all of those posts
/biz/ users that aren't completely degenerate "life is meaningless" drones will be the people to rule the Earth one day, one of us will be the one who changes everything.
that's because we have been lied to by about 90% of the world since a young age about how to succeed in life.
no one around me, not even family has ever really attempted to pry into the system in a deeper way and reap the benefits.
it could boil down to them simply not being smart enough, but it also requires throwing away all the garbage that tries to distract you from constantly improving and finding better methods to advance yourself.
take the drug addicts, the people who are married with children by age 25, the mindless entertainment crowd which includes obsession with social media/and or trash entertainment, the obese, the weak minded and weak willed, the optimists or religious people who are constantly telling you to be complacent or just "enjoy the ride", and you're left with that 10% I'm talking about. there is a relative minority of people with the right combination of attributes, skepticism, and drive to make things happen and build upon what they've learned enough to reach the top
>>1726107
Exactly. The NEETness of being a poster here has benefitted us atleast a little in realizing the world can be used for personal gain if you put in the work to exist in a system.
That nihilism mixed with the right amount of drive is pretty fucking potent.
There is a fire that burns here that isn't found elsewhere on this site, or as you mentioned in the whole of humanity. I can feel it too OP. The will of fire.
Are there any laws against manipulating the price of Bitcoin to my own advantage if I have the capability to do so?
governments enforce laws.
ever thought what bitcoin is exactly to the "government" in a legal sense?
ever hear the word "jurisdiction"?
>>1726050
you think you are smarter than him but you are fucking retarded. you make zero sense faggot
>>1726050
supermarkets enforce supply.
ever thought what milk is exactly to the "supermarket" in a legal sense?
ever hear the word "inventory"
That's how autistic you sound trying to come off as being smarter than OP when both of you are clueless in regards to this cryptocurrency.
Opinions on Credit Unions? Any experiences with them to share?
>>1726006
No reason not to keep your checking and savings there. They offer lower rates on loans too. Less/cheaper fees (shouldn't be getting those anyway) and they will refund on the off chance something fucks up.
>>1726006
banks
>hidden fees out the ass
credit unions
>zero problems, bro-tier
>>1726018
This. I have been banking with a union since grade school (savings). Though it blows due to limited location,their service makes up for it. Everyone knows my name. I've had an account there for 20 years now
So I was just laid off from my wageslave job. I have about 17k in savings, Canadian 23 y/of male. No major assets, but no expenses other than food rent and phone bill.
I went to business school but dropped out before finishing, I don't know where to go from here.
My goals are pretty standard, I want to own an apartment and pay mortgage instead of rent.
No car right now, I would rather not get one.
If anyone could give some good advice I would appreciate it. Feeling a bit lost
just be yourself
>>1725999
Checked
what was your job?
what school and program did you goto/not finish?
what were your grades?
how long has it been since you've last been in school?
>be me
>work retail
>want a career in something involving problem solving (IT, engineering, tech, etc)
>can't afford uni, income too high for decent financial aid but all spent on living
>employers see 4yrs of retail
>laugh
>R E J E C T E D
>feel doomed to life of bagging and greeting
>too stupid for cicada3301 autismo shit
What do I fucking do? pls tell me daddy, guide me like a 4-y/o sperg.
>>1725992
>Wrong side of board
>Holding actual iron
>no way to remove or place solder
>no tools to remove or place components
literal fucking retard
>>1725992
I can give you some advice but not publicyl send me a throwaway email and we can chat
>>1725992
>>employers see 4yrs of retail
>>laugh
I don't think that's something that happens. Unless you've been invited into the room when they're reviewing your resume. Four years in a single job shows work ethic and persistence.
Plain and simple question. Should I dump my money into real estate (i.e. purchasing land and building small homes in developing countries where there is a demand for affordable housing, make profits off tenants rent) or dumping money into bitcoin (i.e. waiting 5 years and sell off what coins I have).
I appreciate your answers.
>>1725947
>Tenants in developing countries
Good luck getting niggers and spics to pay you. It's hard enough to do that in the developed world, let alone in the slum countries.
>Bitcoin
Dying meme, son. There is no future in Bitcoin unless the Chinese whales say there is a future in Bitcoin.
You're better off buying a couple gas stations.
>>1725960
Was specifically looking at the major towns and cities in the Caribbean
>>1725965
Even worse. Do you know what the crime rate is in those shit holes? The only real estate worth investing in down in the Caribbean is tourist lodging on islands controlled by western nations (rule of law and property rights is foundational in real estate investing).
I want to invest in something that's high risk/potentially high reward.
I'm already saving money the safe way (safe enough that it will survive through inflation in my country, anyway), so now I want to use, say, five percent or so of what's left in something riskier. Even if that means losing that money.
Not something that's blatantly tied with chance, like sport bets. More like innovative startups and the like.
How do I start?
Also, can I invest in US companies if I don't live in USA?
>>1725872
>I want to invest in something that's high risk
>Not something that's blatently tied with chance
>>1725879
Yeah, everything is based on luck. You know what I meant, you fucking faggot
Look at vanguard high risk top 10 holdings and go from there
18 year old Senior in High school here. Im Canadian and today is the last day to sign up for University. My choices are either go to Uni and go in the law direction, go into the trades or join the military. Any advice or suggestions would help, thanks.
>>1725822
>today is the last day to sign up for University
and..................you're asking now?
>>1725828
I was decided that I wasnt going but now Im getting kind of nervous and my parents are bitching at me. Also feel like I may regret it if I dont go. My sheets are all filled out just have to click submit, got 8 hours to make a final decision.
>>1725822
go to the military and after 3 years back to university, you will learn discipline and not leave things important for the last day.
What is currently the safest long term investment that is easy to make?
>>1725816
Index funds.
>>1725819
Even with Brexit, The FTSE being at an all time high and the uncertainty of Trump?