I'm completely interested on investment theories since I discovered Day trading is bullshit and I'm reading The intelligent investor. Would you recommend me to take a look to the "Random Walk" ? Why ?
>>1691195
Sure, I read it and you should too. It IS dry though. He explains what indexes of stocks are good long-term investments using 40 years of previous market history. He only looks at their market capitalization and a handful of other factors later in the book. He runs a Mutual Fund in Canada if I recall and does very well. The most important thing I learned about from this book was his Cornerstone Value strategy that turned me onto a serious value investor.
But you have to understand that past results don't predict future results of course and that you better like doing long hours of math for marginally better results than most major index funds.
currently on p.236. its an interesting read if you're genuinely interested in economics, psychology of the markets, and various trading strategies.
if you're looking to learn "da best trading strategies" this may not be your book (he essentially shits all over the aforementioned 'strategies'). The crux of the entire book is the premise that no investment offers better returns in the long run than buying a low cost, well-diversified ETF.
Just my $0.02
>>1691608
additionally, I should probably also add that by investment, I mean investment in securities, but I should think thats implied by the topic of the book. Also by "buying" I mean that in a few occasions he openly says that the only appropriate timeline in his mind is to buy and hold till you die.
DAMN,
https://www.youtube.com/watch?v=X6lPKQ_mOl0
I SAID
NINE-HUNDRED-THIRTY BITCOIN
ALL MY NIGGAS GO
SO CRAZY
INTHIS, FUCKING, BUILDING
SWAG
>W 125 BB Opening
>OBV going nuts
>MACD having Orgasms
We are entering Historical 3. This ride will never end.
suicide hotline is being flooded by nocoiners, dont be one of them
>>1690922
When this baby hit 9k per hour, we are going to see some serious shit.
How can I make money off Carrie Fisher's death?
Steal the hyper drive from the millennium falcon.
everyone on twitter fb and reddit trying to get views for their youtube vids and likes and shit
Short gold bikinis
When is this madness going to end?
Anything related to Nvidia or AMD should be banned site wide
>>1690605
>tfw I sold at 80
Th-the correction is coming, right lads?
>>1690671
ayy lmao
IM FUCKING SICK OF PAYING RENT
it's literally pissing money away
Live in your car.
>>1689661
You're going to love paying property taxes on property that you "own".
>>1689727
This.
Both options suck. Owning sucks less if you play the game correctly.
Amazon is proof capitalism in America is out of hand. Jeff Bezos is a walking Satan that should be imprisoned and killed.
This fucking bald faggot has violated so many antitrust laws. He's running a fucking monopoly trying to take over the world and destroy as many businesses in his way.
"Walmart? Meijer? Kroger? Fuck you." Let's build automatic grocery stores and destroy as many supermarket employee's jobs as we can.
FedEx? UPS? Fuck you and your employees. We'll develop drones.
Webhosting? Fuck you guys, we'll develop our own servers and lower the cost from our other industries so you cannot compete.
He is a fucking SCUMBAG. He is running a Monopoly that is run off his stock market. He uses the profits from his stock to venture in a new industry and lower his costs so radically he makes no profits to destroy all other business.
When his stock crashes, Amazon goes with it. Fuck Jeff Bezos and his scam bullshit.
>>1689628
I don't really understand what you are complaining about. The only thing Amazon proves is that the system is working as intended. He is smarter than the rest of us and was able to find a way to grow his empire. No need to be salty because you're poor/unmotivated/unintelligent
>>1689628
>When his stock crashes, Amazon goes with it
and this would be bad? free market pal, someone would move in to fill the void.
>>1689628
Literally none of this is an argument
All you did was throw out imsults, ad homs, appeals to emotion, straw men, and flat out lies.
Serious question:
What are the positive sides of having a girlfriend or wife? Does it even financially benefit you?
Lets be honest, besides having a legacy (if you wish to have childeren) there should be no purpose for this lifescam.
>>1686507
yes rent is basically half the price with a live in gf and if she cooks you can save a lot on food not to mention you can get greater quality nutrition. also free sex.
negative sides are lower test levels, constant bitching, and you have to spend time talking to her because these woman beasts have to vocalize everything and if you don't do the same they will get butthurt.
Find one with a rich dad and you'll suddenly have the kind of advantages and connections most people have to be born with.
He might hate your guts, though, in which case you'd just be a sort of irregularly paid gigolo.
>>1686592
>lower test levels
how exactly does having a long term gf decrease test levels
It's on google news: http://www.prunderground.com/gui-wallet-released-by-monero-as-underground-banks-in-china-wait-to-ditch-bitcoin-mid-january/0084114/
>>1685988
>http://www.prunderground.com/gui-wallet-released-by-monero-as-underground-banks-in-china-wait-to-ditch-bitcoin-mid-january/0084114/
How can this be the next bitcoin when it has huge problems to scale compared to bitcoin?
It could have a niche use in the darknet but that's it.
>>1685997
Could you elaborate on this anon?
I don't buy into the whole 'crypto is the future' meme anymore than I buy into preppers who say gold will be the only way forward in a decade, but money is money. If this can turn $10 into $800 I want a front row seat, you know?
"China" invests in everything, same way MS backed almost every single crypto early on, but realized it was a waste and dropped it.
This doesn't mean anything.
Time to get serious /biz/, Post your early picks for 2017
Old Shithouse Thread
>>1675405
OP's Susgestions
Low Risk, Moderate Gains
>TLS - enter around 4.95, expect 6.00 midyear + 6.3% dividend
>HSO - enter around 2.20, expect 3.10 midyear + 3.6% dividend
High Risk, High gains
>PLS - enter around 0.48, expect 0.68 - 0.88 early 2017
Meme Stocks
>KAI - enter around 0.023, moon by Christmas?
Morningstar has KAI's real value pegged at .03 (currently at .029).
Very unattractive cash flow.
Very attractive operating funds and book value.
>>1680808
I'm gonna try and buy 25k tomorrow at .25
Jesus we don't need 3 ASX threads
I have pic related Visa card. I'm supposed to get cash back.
So I logged in tonight and it tells me I have $100 cash back. So I'm like, cool let me just put this money into my account.
It will only let me use the $100 to purchase items they have available for sale.
What the fuck is this shit?
>>1694307
sounds like you got fucked, i can put mine into my checking acct
Let me guess, you're an idiot that didn't read the terms of the card before you signed up, right?
>>1694314
I thought the words "cash back" were pretty clear
>Current Income
>Current Lifestyle
>Your Projected Income 10 years from now
>Your Projected Lifestyle 10 years from now
>20k
>NEET with a house, and some investments
>20k
>still a NEET, but my Net worth will probably double
>>1694296
Income: 220K
Lifestyle: Pretty cheapskate, saving up
>500K from accrued investments
>probably traveling
>5k USD gibs from gobernment
>living with parents studying shitty BA im gonna change summer '17
>60-80k USD + sidehustle
>living alone banging my last thotts b4 settling down for kids
im 22 with 15k savings, no debt, getting part-time job sometime next month hopefully
>studying BLIS, fucking worthless
>still dont know what to switch to
>computer science?
>optometry??
>try for a Msc. in english??? (im from non-english country)
education is free, but im getting old lads
dont wanna live with mommy and pappy when im fucking 25
Guys help i need some financial advice.
Im going to college in a year and a half but i only have 40,000 available ant the total costs are gona be about 200,000. What should i do with this money to make it get as close as possible to my goal?
{you}
>>1694287
Bullshit, you either are lying or got jewed into an out of state school
just go to community college.. its where poorfags belong
I just turned 18 and I'm very slim and muscular, I'm gonna sell videos of me jerking/whatever they want to old fags. Critiques?
are you the guy that reviews fast food on youtube?
tough market to break into, prehaps you should have your mom drive you to arby's for a curly fries review instead
I think you're a bit too old aren't you?
>accepted into top 3 law school with 3.7 undergrad gpa and 178/180 LSAT
>not sure where I want to specialize
>start school fall 2017
No rush to pick obviously, but just curious what /biz/ would have to say about which area of law = more money + more jobs
>3.7
>top 3 law school
HAHAHAHAHAHAHAHAHAHA no.
>>1693989
? With a 178 that's totally possible
>>1693989
Clearly you have no fucking clue what you're talking about
looking to invest $600 in stocks, suggestions?
>>1693815
throw everything into AMP
You'll thank me later
>>1693822
reasoning?