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Archived threads in /biz/ - Business & Finance - 6224. page

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Hey guys finally hit 100k in my brokerage account, super stoked about it. This thread is for 100k members only.

Thread discussions

>How did you get your 100k?
>How long did it take?
>What is your profession/income

It took me 3 years, I am a operations manager and make 93k a year.
I did it buy just living below my means and putting the money in the 500 index.
46 posts and 3 images submitted.
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>>1710602
i bought BTC yesterday. it mooned. i'm now a millionaire. you're fucking small time OP.

COPE
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>>1710602
i asked my dad and he gave me 250 k

cope
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>>1710619
Whenever someone says cope or BTC or bitcoin

I already know they have no money. They are usually some autist with no friends that makes like 38k and lives pay check to pay check.

I actually have 100k, and every year I add 20 to 30k to it and it will in turn generate about 10 of its own.

Every year you will be here shit posting about coins, and I will be getting richer and richer and richer

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I need your opinion /biz/

The older I get, the more annoyed I get with state and federal funding. I have a friend at work who has two kids. One has Autism, the other is just fine. Arizona covered health care for the autistic kid for whatever reason. She always takes advantage of the free lunch program at school, not because she can't actually afford it, but because she got divorced and now that she's a single mom she takes advantage of it to save money. She also refuses to acknowledge that either of those things are government hand-outs.

My issue comes from my question why the fuck I'm paying for both of those. State Funding comes out of taxes, and as a tax payer; I'm supporting her fucking kids. I'm reaping zero benefit from either of those programs.

Why do we cater to people who put themselves in shit financial situations? If you can't afford health care for your kid, don't fucking have kids. If you can't afford lunches for your kids, don't fucking have kids.

If I bought a car, and couldn't afford the payments...I'd get my credit fucked and I'd lose the car. If I bought a car and something unexpected happened and didn't insure it, I'd be solely responsible for that shit.

But when it comes to quite possibly one of the biggest financial obligations in life...we bend over backwards for irresponsible people. Why? The older I get, the more annoyed I am forced to support that shit. Am I just a jaded faggot?
13 posts and 3 images submitted.
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>>1710595
>uses public goods
>complains when other people use public goods
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>>1710611
Please explain? I don't have a problem paying for public services where it benefits everyone that pays into it.
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>>1710634
>where it benefits everyone that pays into it
there you go.

When governments subsidize basic things like education and make them more accessible/less of a burden for those with little income (even if it's just to save money) society as a whole benefits because by having better access to education you can increase your productivity as a citizen in the future.

In other words, it benefits everyone that pays into it, but not in the short run. If you've gone to public school and then managed to get a decent enough education, then went to a public university where you gained the qualifications to get yourself a better paying job, you're going to pay more in taxes in order for that to go full circle; subsidizing someone else's education so they can in turn get the same opportunities.

At the end of the day, you don't choose where your money (in specific) goes, and you don't know that. You don't know whether the taxes YOU paid went into free lunches for kids, (which, by the way, have been linked with better performance in school) or if they went into the construction and maintenance of the roads you use, do you now?

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>he didnt buy the last stop before BTC goes to the moon

this was your last chance nocoiners. why dont you ever learn?
8 posts and 2 images submitted.
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if I buy 2 bit coins right now, will I be a millionaire when I'm 50?
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>>1710628
>>
No-coiners only pay attention and scramble to buy bitcoins when the price is surging ,when the price goes down they aren't interested and don't see the potential,this is what separates the men from the boys and why we will be rich and they won't.

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What do you make of this?
Price going up, right?
6 posts and 1 images submitted.
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its going back up to 6 gorillion dollars, dont worry
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>>1710587
>Price going up, right?
no shit. nocoiners will start crying tomorrow when BTC hits 1300. they should start COPING today and save some COPING for tomorrow
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>>1710587
If you are new I'd advise you to monitor the price for a few months rather than jumping into something you don't understand,long term it's going up though ,this dip is nothing the trend is still going up

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So how is investing in SHITCOINs instead of securities working out for everyone..? Hope no one bought last week.
6 posts and 3 images submitted.
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we all bought early.. the new money comming in was from china
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I've been buying all year and I bought a little at 1k ,ask me how I'm doing in 5 years when we're at 10k a coin
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>>1710511
LMAO COPE MORE NOCOINER

MOON MISSION PAST 1000 WAS COMPLETED

NOW IT'S PLUTO AT 2000

SCREENSHOT THIS FOR POSTERITY

LOVE TASTING NOCOINER TEARS

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BTC price naturally drops 10-12% in a few hours rebounds over a few days

whole world spazzes out:
>OMG OMG OMG OMG IT'S THE END MEMECOINERS ON SUICIDEWATCH CHINA CHINA CHINA CHINA CHINA

can you guys relax?
could you just stop posting here if you keep acting like an underage newfag who never touched bitcoin in your life before?
9 posts and 3 images submitted.
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Thats a clasic inverse double shoulder patern.
Get out now !
>>
Inverse duck mode of death
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>>1710509
Oh shit, that's the "Swiggity Swooty, I'm comin' for that booty" pattern. Expect no changes until june-august, and wait to see how the markets are doing. BTC will react inversely to the markets, but with high volatility, so be careful!

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Alright boys, I need some perspective.

I'm currently holding:

191,200 Ripple (XRP)
26 Monero (XMR)
1.074 Bitcoin (BTC)
177.7 Ether (ETH)

What are the chances of making big returns in the next 5-10 years, and if so how much can I expect?
9 posts and 1 images submitted.
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>>1710501
You can expect $100,000 return

+(-) $99,999
>>
Is ripple going to take off? considering buying it while it's still low
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>>1710603
Probably the most underrated crypto right now. It has practical uses so I don't see why not.

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Grandma died and left 250k in only Chevron stock. My family is currently living a lower middle class lifestyle and never concerned ourselves with the stock market. How do I into stocks and what are some good options to do next? Do I sell half and put it somewhere else, or do I just sit on it and hope it goes up under papa Trump and Uncle Tillerson?

TLDR: What do I do as a total noob with 250k in Chevron stock
6 posts and 2 images submitted.
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Invest it all in bitcoin
>>
>>1710463
Having all your money invested in single asset is retarded. You should sell part of your Chevron holdings and reinvest it into something else.

Don't buy into crypto tho', or at least don't invest large portion of your portfolio into it.
>>
>>1710463
Check out gluu abtta shoot up!

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Well, /biz/ remind me again why you haven't put 100% of your portfolio into short-selling the Mexican peso?
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>>1710373
Wrong, picture.
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>>1710373
Is there any way for me to take advantage of this without using Forex? A currency ETF (preferred Ultrashort) is what I'm looking for.
>>
>>1710377
http://etfdb.com/type/currency/mxn-mexican-peso/

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Successfully got my manager fired, what's the chances of me getting his job? I've been called in to cover his shift tomorrow.
14 posts and 1 images submitted.
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Zero you fuxking snake. Unless manager was stealing you're proven to be a dangerous teammate. Can't trust you. Doesn't play well with others.
>>
I attempted to blackmail the HR lady for sex and she fired me. Also pending a court case for sexual harassment. I overheard her making fun of an employee because she was fat and stinky so I tried to blackmail her. Could lose her job. But I lost mine and got a sexual harassment suit
>>
>>1710356
Do you feel bad about it?

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What are some good beginner resources for learning about Forex trading? I wanted to read the sticky but you guys don't have one
6 posts and 1 images submitted.
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>>1710322
Babypips.com

Investopedia.com has a forex trading simulator and seekingalpha.com is a good news source to get forex and macro updates from varying perspectives

Some anon posted an online calendar that had major economic announcements (i think internationally or at least for the US) that would also be useful if you're trading currencies. I don't remember the link tho.
>>
>>1710322
http://biz-tutorial.com/jarratt-davis-professional-trader-training-course/

Pirate this.
>>
>>1710380
>>1710401
Thank you

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Are economics/finance majors a meme? Where is the true money to be found outside /physical sciences and engineering/? I heard cyber security is pretty lucrative now.

Also, how important is the university you attend? Do you need to be top 100 to even consider above $60k?

Pls help friendos, I don't want a meme degree.
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Money is a meme period.
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>Mech E
>65k Starting Salary

I fell for the STEM meme.
>>
>>1710281
economics requires Ph.D bullshit and finance requires certifications and exams left and right, but both are where the "true money" can be achieved given you have enough patience to put up with thousands of hours of grinding just to be on par

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I need money fast and have disposable income i can burn.
Not much money, simple 100 bucks per month.
I can lose it, but rather than hookers want to gamble it on risky investments.
Any good idea?
8 posts and 2 images submitted.
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>>1710233

Honestly, you could make that amount just going long on investments and maybe selling a few covered calls each month. Depending on what stock you hold, it would be around 1-7 covered calls a month.

Of course this all assumes you have money to start out with to invest.
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>>1710346
I remember some chart with the list of investments per risk tier.
Wonder which are the more profitable and risky.
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>>1710386
Post it then

>>1710233
split into: p2p lending, sport bets, lottery

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POLL TIME!

>how many businesses did you start?
http://www.strawpoll.me/12036509

>Assets researched and acquired?
http://www.strawpoll.me/12036535

>Real estate you own?
http://www.strawpoll.me/12036571

>Investment portfolio?
http://www.strawpoll.me/12036585
13 posts and 5 images submitted.
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>>1710168
bump1
>>
What entry level job would you rather have?

http://www.strawpoll.me/12036900
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>>1710301
>http://www.strawpoll.me/12036509
You should list more positions.

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2017 RALLY, CONT. 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

> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.

> When is it coming to my country?
Never. They only have "plans" on an Australian beta.

> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.

> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS 4CHAN, A PLACE OF POLITENESS AND PROFESSIONALISM!!!

> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. 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. -- (also learn difference between LIMIT and MARKET orders!!! and Jews are not white)

> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
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?
Technical analysis-
http://www.investopedia.com/termsc/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
Fundamental Analysis- Martin Shkreli finance lessons on Youtube

> Can I use Robinhood on my PC?
Yes, download an android emulator
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Trump just tweet about Toyota bottom feed before it goes up!!!
>>
I feel URRE is flying a bit under the radar
>>
>>1710161
Yeah. I want a position but i wanna wait for a dip

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