I live in a very popular tourist spot. The whole economy revolves around tourists - services of various types. How can I take advantage of this?
Other than providing the actual services myself , ex: run a tour group, clean hotel rooms). I want to be a middleman but I can't think of a way.
>>1696512
Alcohol delivery.
Would you do that?
Margin trading bitcoin is more profitable than trading shitcoins on poloniex.. Who cares if it goes up or down.. Profits is all that matters.. Not like i can affect the prices anyways
>>1696503
935
>muh shekels :(
>>1696503
this could be a second bubble, meaning 2500 would be in store for 2017
Ok /biz/ I need your input on a plan, would help if you have experience in LLC's and bank loans cause this isn't something I've researched, only thought about:
>Find bank that offers no seasoning loans
>Use loan to buy house under an LLC, move someone in to cover mortgage
>Use property as collateral and start shorting stocks (since online brokers want collateral before they'll let you short).
From here 3 things can happen.
1) Make money, life's good. Repay loan and use capital instead of property as collateral.
2) Break even. Tenant covers mortgage until process is repeated.
3) Lose money. Let them take property to make up what I lost. Because it's an LLC they can't touch my personal finances and I repeat the entire process again until I win.
Tell me is this a good play or am I missing something that derails the whole thing? I know the obvious "if you keep losing you'll make a name for yourself and banks won't offer you no season loans", but I'm curious if something else would keep this from working.
>>1696460
>Because it's an LLC they can't touch my personal finances
kek
go for it, you're totally right and not mistaken about that at all!
>>1696463
Like I said, I don't know how these things work and wanted input. I'm asking this so we can start a discussion on the idea and modify it so it works.
>>1696463
>askes for advice. states they know little about subject
>hurr ur dumb, go ahead and fail
please leave or contribute. id like to hear how/if this could work
Hello /biz/. I have invented a Time machine, powered by tetrahydroxaline. But it can only work once, no return trips.. How can I profit off this?
Send yourself to the dinosaur age. And start a trust fund
>>1696456
You mean, tetrahydrozoline... eye drops? Good luck, Rothchild already went back in time and did this. Pretty sure his time machine ran on hatred, which is a much more powerful full source.
>>1696456
Travel back in time, and patent it.
Obviously, a working time machine would have patent #1
How to buy and sell a house? via Real Estate
But im not rich, where do i start?
Did you just finish reading Rich Dad, Poor Dad?
>>1696445
I just like the idea of buying, remaking, and selling homes
It makes big bucks too
>>1696443
if youre legible for a loan.. just borrow a small loan of a million dollars.. Buy a house in liquidation, and sell it for profits
>find job
>have to go through a staffing agency
>they offer me $10/hour
>find out the company is paying the staffing agency $15/hour for every hour I work
>tfw they get $5/hour from me for literally doing nothing while I do all the work
why is this allowed
>>1696428
they found you a job, that's called a service and is one of the 2 ways people can make money legally.
if you guess the other way I'll give you a pass on how fucking dumb you're and I might even give you the solution to your conundrum
another thing, is not company paying them 5 bucks, is you paying them for the service
>>1696428
yeah, people tend to get hurt when they find out how much their employer makes off their work.
protip: your boss makes more off your labor than you do at almost any job. You're also paying your manager's salary.
>>1696436
what service? Payroll? All they fucking do is write the check. It doesn't justify paying them $200/week.
It's bullshit.
Fuck you
I'm getting back into stocks and options but I'm worried I'm going to do what I always do: lose interest.
I do this like every two years. Put money in, research, make a little money, either take it out or lose it, then do jackshit with stocks until I feel like playing the market again. Anyone else have that problem? If you did how did you over come it? I guess just sheer willpower is what I need but hearing people success stories always motivates me.
>>1696424
If you do literally nothing else but trade, you wind up living it.
Because of that, I find I never get bored of it. Plus, there's tons of aspects I haven't even started exploring yet, and I've been in the game full time for years.
>>1696430
Thanks. I've read that if you do something for a certain amount of days (it differs from person to person) it becomes habit. I've done things in my life that have required huge amounts of willpower so I think I'll just tap into that and do something with stocks every day for however long until it's just something I do.
I really do love stocks and economics, it's not something I'd hate to get into. I want to have that burning desire everyday to improve and make good trades, not just on the days I feel good/like doing it. I don't see myself living off trading too soon, but I want to dump my normal income into stocks and options until my capital is high enough that it can be my main thing.
>>1696447
>I want to dump my normal income into stocks and options until my capital is high enough
That might not be the best way to go about it.
You can't really rely on trading to increase your capital, especially the first few years. The learning curve is steep enough that you'll probably lose capital initially, pushing the time you can really start further into the future.
I can't wholly recommend paper trading as I only did a few months of it myself, but at least that would allow you to get an idea of your aptitude while protecting your capital and saving to increase it.
How can I use 5,000.00 to profit 50.00 a day?
invest in Altcoins, or Margin trading bitcoins.. you only need to profit from a 1% position movement to get your $50
And these things can move as much as 50% daily
>>1696377
50% daily on margin... assuming even 2-1 that would wipe you out in a day.
do recommend a particular platform
Is a nocoiners life worth living?
>2010 didnt buy Bitcoins for a few cents each
>2014 after Gox, didnt buy for $150 each
>2016 Didnt buy for $400 each
>3 months ago didnt buy for $500 each
>now at $950
Why even live?
>>1696362
>Why even live?
Because the past is unchangable. be more aware in the future, keep your nose in the news/media/web cycle of upcoming trends/strategies/opportunities and make the best of it. you can't go back in time, remember btc is actually nothing, nothing spontaneously grows value. all the money put into it has come from somewhere, it is impossible everyone could "make off" with the promised gains. money never spontaneously generates, it comes from a person with real currency. cough pyramid ponzi cough
>>1696399
Bitcoin value is related to mining difficulty, fiat value is related to gold, same principle. And fiat can be created out of thin air, gov just need some printers.
>>1696362
>boo hoo didnt but bitcoin for feq cents
you're saying that as if you wouldnt dump it at its first spike
post your side hustle
>>1696303
it's not mine but pretty funny.
there is a colleague (we are software devs) that has this gig, he is doing birthday parties and such and basically he dresses up (or down) as the client wants and jumps out of a box.
and he gets paid for it it's weird.
plexdeck.com
get in before it gets big
Thinking about buying a house but saw some articles say that the next recession will occur in 2017. What you I do?
>>1696279
>next recession will occur in 2017
What articles and what parts of the market of susceptible? You have a ton of people claiming market failings and some of them are bound to be right by the magic of statistics, but there probably hasn't been one year in which someone hasn't predicted a market bust or recession.
>>1696279
>doesnt trust article's advice
>goes to 4chan
>>1696279
DOW 25,000 this time next year
Does biz believe there is a relationship between business skills and psychopathy/sociopathy?
>>1696227
This guys seen too many movies!
>>1696227
Soros said, "go for the jugular"...you need a certain merciless drive to outsmart outwit outlast anybody or thing in your way
>>1696227
high variance strategies like extreme risk taking and little concern for possible failure will be overrepresented in groups having extreme wealth. it's just probability
>The Big Short
>2 dudebros in a garage apparently turned $100k into $30 mil in 2 years by buying cheap options on stocks with very low volatility
Is this a legit strategy? It makes sense in a retarded way -- blanket 100 different companies and cross your fingers that a couple experience a huge shift in value. Seems like you'd have to be ridiculously lucky to experience that huge of a gain.
What's wrong with being extremely lucky?
>>1696224
>ridiculously lucky
Pretty much sums the situation.
>>1696228
Who said there was anything wrong with it?
OK /biz/ I'm thinking of jumping the gun and making my own trading strategy to trade from at home.
How should I start and tips?
>>1696200
Shameless self bump
>>1696200
open a forex account and trade
>>1696214
But forex accounts need mad leverage to make any significant profit, no?
Global warming is a Chinese myth designed to make American Manufacturing less competitive. Prove to me I'm wrong and that Global Warming is real.
>>1696116
Trump knows better than that because he is part of the globalist cabal which wants to eventually implement a global tax on life - a carbon tax on carbon based life.
To control the opposition we should lead it ourselves - Lenin. Probably some sound biz advice right there.
>>1696116
the most solid proof available that "something changed" is when they examined the glacial ice cores from Antartica to show that in the period between human industrial age and now there was an effect on climate weather.
This doesn't show what will happen in the future however. Historical records only show that we are somewhere in the middle or beginning of a warmer period in a very long temperature cycle and that human technology "may" have accelerated the normally slow process of increasing temperatures. This could have an effect on global weather patterns, making them a bit more dangerous.
>>1696219
thats honestly how you think of a carbon tax?
really?