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Im so upset. Was bitcoin our only chance to get rich quick and now its gone? Everything else that could possibly take off has already taken off. Tell me theres something else
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>>1703918
its not too late to hop on the bitcoin train
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>>1703918
i just started coming to /biz/ today ..
has /biz/ really been making retarded threads like this hourly for years now?
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Ethereum
Not memeing
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Thoughts on silver for 2017 /biz/ ?
I'm thinking about investing some money on it.
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>>1703877
don't unless you want to hold it for possible a decade or more.
silver is overpirced to gold and going down, gold is overpriced historically inflation adjusted and going down.
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I've got like 100 oz of the stuff. Won't be buying more. Probably won't sell what I have either. It's neat.
But as an investment, yeah, you'll probably be holding onto it for ages before it's worth selling
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>>1703888
that being said if it falls below $7 per ounce you can buy it for hold.
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What is the best UK-based broker for trading on international markets?
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Degiro
They're Dutch but won't fuck you with commission fees like all the UK ones will
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>>1703742
depends what sort of markets/instruments you want to trade
interactive brokers is a good all round solution
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Interactive Brokers is good, but my friends have been telling me that apparently Tastyworks is supposed to be the second coming of Christ for people trading their own money and/or private accounts?
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I recently came into possession of a little over $100,000.00
How would you invest this amount for
>short term gains(5< years)
>long term gains (>5 years)
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>>1703704
For both long and short time horizons
I recommend a 2 part portfolio. Consolidate 90% of your assets in bitcoin and then invest 10% in penny stocks for diversification. Rebalance every 6 months.
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>>1703720
don't listen to this memecoiner and his fancy terms
use the money to teach kids english in taiwan while also living a nice cozy lifestyle
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>>1703727
I'm offering a diversified asset allocation strategy and you're saying to go teach English in Asia. Who is the memer here?
What will happen once people find out that the reason unemployment is at record lows is because more and more people are giving up looking for work (NEETs) or are taking low paid insecure freelancing jobs the government likes to promote to keep unemployment stats low?
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Trump will laugh.
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>>1703596
anyone over the age of 30 already knows it.
nothing will happen. we're shifting away from traditional employment and careers. this is the normal and expected result of globalism. global trade is improving the standard of living for foreign workers at the expense of domestic ones. the US has been extremely wealthy the last 100 years, it has nowhere to go but down. the average worker has no access to the financial gains that come from exporting their jobs.
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>>1703605
But the Fed keeps touting the unemployment rate like its some glorious achievement. Isn't it dangerous that the country's central bank is using a shitty statistic to justify interest rate adjustments?
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be honest with me /biz/
do employers care about the color of your skin?
specifically talking about tech jobs
>inb4 muh pajeet
>inb4 muh quota
obviously you gonna have quota when most tech companies are almost 100% white at some point you gonna need affirmative action but not in an exaggerated sense.
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If you're a woman, hispanic, or black, you'll get a huge leg up on the competition.
Being Asian isn't going to help you and might actually be a hindrance given that tech is saturated with them already. Especially if you're not on a visa
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>>1703488
Why do you need a quota? Shouldn't the most qualified person get the job?
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>>1703506
Not in the leftist west.
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Anyone have a picture of the recommended reads from /biz/?
Thank you guys in advanced
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think and grow rich
48 laws
anything by robert greene
tools of titans
win friends and influence people
scott adam's book "how to fail at everything and still win big"
money power sex fame a users guide
david geffen biography
also audiobooks are your friend.
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>>1703455
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>>1703455
this should be on the lst
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>be 27
>be "student"
>live in Germany
>graduate from Gymnasium with 2.8 average Abitur (not impressive, but Gymnasium is higher than other school systems) at 21
>go to university at 22
>waste 5 fucking years studying CS but eventually fail (lol, FAIL FASTER)
>have picked Math last spring
>have yet to pass a single exam
>live with parents
>have had very little work experience
Advice? How should I proceed? I want to increase my financial status. What would be the fastest/best way to improve on that front?
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I would say don't give up, but whatever you do, don't end up being that guy getting his degree finally by his mid 30's. get it over with now.
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>>1703483
How exactly should I approach making money?
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>>1703491
Work as much as you can but if college is important to you finish that first and foremost. But if college isn't that important, go learn a skill you know is profitable and stick with that. You want to make progress in what you choose to do.
I just paid off a $500k student debt. AMA
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>>1703394
College and major.
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>>1703394
>$500k student debt
Americans are such cuckks
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>>1703395
I dropped out of Medical School in mid-4th year. It was $423k and became around $470k within a year and a few months. Its been the quiet the turnaround, from -$470k to +$20k. I feel indestructible
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Why aren't you a drug dealer yet /pol/?
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>>1703328
don't really have the social network for it
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>>1703328
>guaranteed felony for being caught with a sandwich bag's worth of drugs
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because I'm dating one
all the benefits with none of the risk
Can someone redpill me on how Basic Income could work without strict price controls (esp rent control)?
Because I see basic income working all of two minutes, before landlords are like 'wait a second, we can definitely charge near or at the basic income level no matter what our units are worth.
As to why rent control (and price controls) aren't a solution, rent control just makes landlords stop giving a shit about maintaining their properties.
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>>1703321
like most strictly socialist ideas it wouldn't work if you try to mix it in with capitalism.
see also, Obamacare.
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>>1703321
sure but this is where competition and abundant housing stock comes into it. if the minimum rent takes up your full income people will look for more favorable rates
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>>1703338
But what would be the incentive to go lower?
You KNOW everyone who isn't a lazy NEET can afford to give over their basic income to rent your apartment.
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Has there ever been a successful economicly socialist country?
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>>1703295
Yes: see all of Europe, and to a lesser extent the British Commonwealth. They have a higher standard of living than the average US citizen.
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>>1703309
Are they full on socialist or more of a quasi socialist economy?
Have the means of priductions been siezed by the employees?
Has class conflict been destroyed?
Has the distribution been a success?
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>>1703311
Really no country has been full socialist, they've all broken down at some point or another or just stopped at whatever step they were on.
Most commie nations ended up just redistributing the wealth from the upper class to the middle class.
Its such a shit system we can't even make it work.
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I'm going to Thailand soon.
What can I bring back with me to flip?
Considering
>Fraud watches
>Gems
>Shoes
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>>1703294
ladyboys to whore out in the US.
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>>1703294
Nothing because you won't get anything past customs you scamming piece of shit
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>>1703294
Yaba
Smoke some of those things too and fuck a ladyboy 4 keks
Anonymous
meanwhile on 1997 /biz/ 2017-01-03 05:20:08 Post No.1703262
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>whatever you do... do not invest in amazon.... walmart.com will destroy them
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>thinking that a random startup can overtake the entire retail industry.
FUCKING LOL
The second Walmart and Target and all the rest start up their websites, Amazon is donezo.
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How do you guys think the market is going to react if Clinton is impeached?
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>>1703262
amazon stock price got shrekt post dot com bubble so it wouldn't be entirely wrong advice.
Anonymous
Total Meltdown - 2017: "Year the wheels come off" 2017-01-03 05:04:01 Post No.1703229
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Total Meltdown - 2017: "Year the wheels come off" 2017-01-03 05:04:01 Post No.1703229
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Total Meltdown - 2017: "Year the wheels come off"
Anonymous
2017-01-03 05:04:01
Post No. 1703229
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No, not because of Trump.
http://kunstler.com/clusterfuck-nation/forecast-2017-wheels-finally-come-off/
Long, somewhat intriguing read. Here's some choice quotes:
>The USA ran out of growth capacity around the turn of the millennium because we ran out of affordable energy to run our techno-industrial economy.....By affordable energy I mean energy with a greater-than 30-to-one energy-return-on-investment, which is the ratio you need for the kind of life we lead. That’s what the now-ridiculed Peak Oil story was really about: not running out of oil, but not getting enough bang for our bucks pulling the remaining oil out of the earth to maintain our standard of living
>The Fed is completely full of shit. It is terrified of the conditions it has set up and it has no idea what to do next. The “data” that it claims to be so dependent on is arrantly fake. The government’s official unemployment number at Christmas 2016 was 4.6 percent. It’s a compound lie........That 4.6 unemployment figure is the main pillar of the Fed’s “data.” They interpret it as meaning the economy is roaring and has their full confidence. They‘re lying about that, of course. They have been touting “the recovery” (from the crash of 2008) continually and heralding a program of “normalizing” interest rates upward for two years
>A sharply rising interest rate on the ten-year Treasury bond will thunder through the system. A lot of other basic interest costs are keyed to the ten-year bond rate, especially home mortgages, apartment rentals (landlords hold mortgages), and car payments. When the ten year bond rate goes up, so do mortgage payments. When mortgage rates go up, house prices go down, because fewer people are in a position to buy a house at higher mortgage rates, and rents go up.
Does /biz/ think 2017 is the year shit blows up? Or just more crazy /pol/-tier shit?
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Cmon lads
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>>1703229
>kunstler
what the fuck is this shit?
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What are you doing? Didn't you get the memo? Now that we're going to have a Republican president there aren't supposed to be anymore libertarian conspiracy theories