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Archived threads in /biz/ - Business & Finance - 6234. page

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how can I make money with absolutely 0% human interaction?

I tried flipping on ebay and it was great money but people leaving me feedback messages made me anxious

I dont wanna trade stock/crypto
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what did you flip?
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>I dont wanna trade stock/crypto


guess you gotta be poor then
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>>1706032
Maybe you should sell crypto on ebay?

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I have to pay sales tax when I buy stuff from Amazon now, and I'm fucking mad. Why did this happen?
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>>1705969
I used to be mad about this, but I felt like the utility I get from amazon outweighs the cost of sales taxes and I'm gonna play sales taxes if I dont use amazon anyway, so you ought to do what's convenient.
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>>1705979
Yeah, they won't lose any business from me. I just want to know why this is the year Iowa has to start paying taxes when we buy from Amazon. We didn't have to before.
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>>1705984
most states with sales tax have a law that requires tax to be paid if the business has a physical presence in the state. amazon is probably opening a warehouse or something.

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What is up with cannabis penny stocks should a poor Fucker take a little disposable Inc and flush it in the hopes that he will be able to exit te daily shit parade?
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buy bitcoin
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>>1705943
Under Obama, banks weren't willing to hold money from them because technically speaking, if a Bank of America stores money from a weed shop in Colorado, they're technically profiting off of weed in states that it isn't legal in, like in Mississippi. With Jeff Sessions as AG, expect weed to not fare well. I don't think it'll get shut down, but don't expect it to expand.

Canada might be promising though, Trudeau seems to be making a big deal out of weed from what I've heard. I'm a nocoiner but you're much better off going into BTC rather than weed stocks at this point.
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>>1705967
Total noob here, how can an American invest off weed in Canada?

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So according to pic related, income stocks should be king. So why are they only recommended for retirement?
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because they are clueless grandpas who are living in the last century.. Bitcoin is the path to early retirement
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>>1705923
Ok, ignore the whole Bitcoin thing for a moment. My question was more around why people but growth stocks at all instead of just buying high income stocks and using that income to buy more stocks
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>>1705930
well it's the price anon. a stock with low dividends will be less prohibitively priced in a bull market.

there is a very short time-frame amidst great market anxiety where you can actually buy dividend stocks at reasonable price. because every fucking body want's them and competes over them.

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Should I invest in XOM?

With Tillerson getting nominated, I think that Exxon stock might pop up a lot not necessarily because of legitimate rational choices but because of investor psychology. If you look at Dick Cheney's tenure as VP and Halliburton stock, it popped up 937% from 5.03 (1/18/02) to 52.16 (6/27/08). I'm a bit biased perhaps in saying this as a Republican, but Halliburton still got contracts under Clinton and they definitely did not get a lot of contracts under Bush to justify an almost 1000% increase in stock price. I think the culprit here was investor psychology- people thought Cheney would look out for Halliburton's interests and bought the stock.

I think the same may be true for ExxonMobil in this case. If Tillerson gets nominated, he may or may not pass things favorable to Exxon's agenda, but investors will buy the stock nevertheless. Now what's the catch here?

First off, the guy isn't even nominated yet. He's gotten the support of Bush Jr., who said he's a good guy, but there's still a lot of uncertainty. Hawkish Republicans like Rubio, Graham, and McCain are skeptical of his ties to Russia and if Trump ties to play Tillerson as a hawk he could lose support from Rand Paul, who sits on the Senate Foreign Relations Committee, and perhaps others.

Second, Trump clearly has a pro-drilling agenda. He wants to drill more, but is that necessarily good for oil companies? More domestic drilling should increase oil supplies and that could put pressure on oil staying in the fifties and could be matched by increases from OPEC to defend market share against a guy like Trump, who said that he wanted to use Sherman anti-trust laws against OPEC.

What do you guys think? Did I miss the rally after he got picked and wait it out until the hearings start and we get more information, should I pick it up now before the price gets any higher off of investor psychology as we get closer to hearings, or should i avoid it altogether?
11 posts and 3 images submitted.
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Someone reply, I'd like to know too.
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There's no way the value of the company doesn't increase if Tillerson gets through. So yes, you're correct there.

However, Exxom is still an oil company, and its stock moves in a highly correlated way with oil prices. That won't change as long as they're in the oil business.
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>>1705940
I was just planning on holding it for a little bit, perhaps 4-5 months, and then making a decision on what to do once we start seeing the influence of oil prices. Exxon seems to be well positioned in the event of a low oil price environment though, they have a lot of business in chemicals and refining, more so than other energy giants (to my knowledge).

Would you recommend this strategy, i.e. buying until Tillerson gets nominated?

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So how is the market going to fare with him in power? Frankly I don't like his conflicts of interest regarding Exxon, Trump Organization or the fact that he threatens to tax companies that want to invest somewhere else.
11 posts and 2 images submitted.
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>>1705882

It will do well in the short term, but will crash in the long term no matter who the President is.

A massive correction over 100 years in the making is coming.
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>>1705882
>Frankly I don't like his conflicts of interest regarding Exxon, Trump Organization or the fact that he threatens to tax companies that want to invest somewhere else.

Is there an actual reason why you don't like these things, beyond the talking points you hear on your nightly news?
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>>1705933
It's not something out of the nightly news, anyone with some slight knowledge about economics and politics knows that cabinets with ties to private multinationals or that sign policies against free trade aren't beneficial in the long run.

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Meeting with a financial advisor at the bank tomorrow afternoon to discuss an investment plan for cash I've saved up.

Any advice on things I should ask about or things I should look out for to make sure I don't get taken advantage of?

>No I'm not buying bitcoin
9 posts and 2 images submitted.
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>>1705861
sleep
tight
puppers

ask him if he's jewish
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How much cash?

What bank?
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>>1705861

Don't get financial advice from your bank. Pay an independent, qualified financial advisor with a fiduciary duty who will consider your own risk profile, goals, and timeline

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Discuss.
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>>1705855
My personal favorite economist. Monetary stimulus is more effective than fiscal stimulus and he's been vindicated for the most part. Bernanke admitted that the Fed caused the Great Depression by having too tight of a monetary policy, which Friedman posited with Schwartz in A Monetary History of the United States.

Based Millie is based.
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Any entry level books?
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>>1705855
An absolute Genius.
All you have to do is look at Venezuela, then look at Chile. That's his legacy put in practice.

How do we put an end to the bsns management meme degree?
Seems like everyone wants to start their own business until they take a financial accounting class.
9 posts and 1 images submitted.
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More math. Harder exams.

It's fucking excruciating seeing people saying 'well good thing i won't be an accountant:^)' to excuse their failure
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>>1705819
>Seems like everyone wants to start their own business until they take a financial accounting class
I took three years of accounting in hopes of starting a business.

I've managed a bunch of companies and started a couple of my own. Still haven't used any of that accounting education though. They have this cool new thing called accounting software. Even that's overkill for most businesses.
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>>1705819
Thats my favorite book, fuck off that scene makes me feel depressed and sad. Only movie to make me cry

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So I've got roughly $20000 that I can pretty much do whatever with seeing as I live with my parents. Are index funds the best way to invest $20000 or is there a better option?
14 posts and 1 images submitted.
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>>1705749
I mean, yeah pretty much. Honestly if you are asking us, that means there is room for you to educate yourself more so the best investment is to put that into school
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What's your horizon for needing the money?
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>>1705749
You'll get a much better return by investing in your education or job training, assuming your aren't a moron or autist. Your earnings potential is the single largest asset you'll have in your lifetime.

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Probably never.

So fooked in their crypto cuckery.

You failed the simulation coiners.

Now you must pay the price.
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sooooo wtf are you talking about?
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I want to escape Bitcoin train.. But it has no brakes
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>>1705688
Bitcoin is a banker simulation.

They want to see if you have banker blood in you.

You all say BTC or GTFO.

Then you stare at her all wrapped up pretty in that Chinese flag.

You guys are mesmerized by a well crafted "Lady in Red".

That spells F O O K E D.

The whole reason for the sim was to weed out the cucks.

Do you really think they were gonna let you loose in the real world?

You will be realizing the definition of the word "Sting" soonz.

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Is becoming a registered nurse a good financial decision? Salaries may not be the highest, but there is amazing stability and growth in the field.
6 posts and 1 images submitted.
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>>1705585
You will have to deal with women all day.
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>>1705585
Lol numale
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>>1705585
Yea healthcare is a growing field but my gf is a nurse and it's shit work. She's going back to be a nurse practitioner so she can quit the grunt work.

Now IT and Healthcare is the golden goose.

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Ive listened to your bullshit and Ive decided I'd like to be a Bitfag. So how does one buy memecoins?
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>>1705518
fuck off, you retarded nigger.
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The moon wealth-train is full. We dont need more poorfags with their $50 BTC lunchmoney. Fuck off
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>>1705518
if you can't figure it out, you don't deserve to join us

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I work for a company in Asia. They make us sign in and sign out to clock our time using fingerprint scanners.

I often have nothing to do the entire day, so I'm thinking of ducking out early and just not coming back or signing out until tomorrow morning.

Any chances I'll get caught? Or are these things just for show?
7 posts and 1 images submitted.
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I got fired from one of those places for working
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Break the machine. If people are still using them and management dont mention it then you're fine.
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>>1705466
This. If they don't fix it right away it means they aren't checking it often

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3rd year industrial design student here.

realize that I've wasted 3 years of my life on a useless degree.

How can I still use it to my advantage without being a wageslave?
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>>1705360
Pls. just marry a rich guy like you originally planned. If that plan looks unlikely try dieting

Lol whore
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>>1705365
where did I imply I was female. fucking neet
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>>1705423
He didenĀ“t imply that you where a female
:DDDDD
Benis

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