Archived threads in /biz/ - Business & Finance - 6276. page

have you tried instant lottery tickets?

When did you lose? Did the stocks you sold to realize losses recover? Did you buy at the top of the market? Could you have bought into your positions differently?

>Paid for trading lessons

HAHAAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHA

See? This is what you get for believing in daytrading and technical analysis. Most of you are better off making sports bets.

>>1687820
https://www.reddit.com/r/personalfinance/wiki/commontopics
>inb4 plebbit
this has all of the basic shit to start being atleast somewhat intelligent with money

>>1687855
Thanks, anything else?

Are we talking financial advice strictly or some real world advice?

I wish I tried harder when I was younger. I used to be one of those wagecucks that just stood around doing the bare minimum because I was under the impression that working any harder made no difference. It's true I suppose, at that very point in time, your pay will not be affected by extra effort...but the heart to do well will drive you out of that position. No matter where you are in life, do your best and do it with effort. You'll get to a point where you realize everyone around you is a fucking dead beat retard and then you'll move on to something better

I am

>>1687806
Because im stupid, why the fuck aren't you

>>1687868
I am

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>>1687713
>teech me 2 mak gud muney on stuck murket

If you are serious about this, watch Martin Shkreli's videos on investing and finance.

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>>1687718
You know, I actually don't know who I hate more, the OP or Shkreli posters

>le idea man

Fuck off retard

Manufacture it and distribute, you fucking mongoloid

hire chinese to make 30

try to sell them for a profit

if you fail, brainstorm and figure out how to get more sales

if you succeed, order more, brainstorm and figure out how to get more sales

if you waste too much time on this sell them passively by advertizing them on your site, etsy or ebay or whatever and focus your attentions on another idea

you have to be rational and make good judgments as to whether to continue with it or not and how to proceed without falling for memes, completely ignore embarrassingly stupid things like tai lopez and multi-level marketing schemes, focus on practical advice connected to the reality of running a business, how to get licensed, the tire grading system used in Colombia, etcetera...

pelice

>>1687531

you don't know how to do what they're doing without getting your dumb ass caught

>>1687531
low-security prison, for dumb people.

people like OP.

Preferably Wharton. I'm also a white male. Dunno why I'm asking a cartoon image board. No one here probably has 10 grand to their name, let alone an Ivy League education.

>>1687522
high school gpa or undergraduate gpa

>>1687523
BSBA in accounting senpai

>>1687498
Let's say you have $10k.

Are you better off buying 10,000 lottery tickets or putting $10,000 on red at a casino? Think about it.

With efficient markets, your risk and reward is always going to balance out.

>>1687498
>maximize profits

then options are your best choice, but it also means you maximize loses as well

>>1687547

^This

Put the $10k long stocks and write OTM calls on the stock you own senpai.

>>1687464
Micro or Macro? What college?

>>1687464
Just work and save your money.

The only people that should worry about the stock market are people who have over 100k in liquid assets.

>>1687474
lamar institute of tech

>>1687453
Retired, living off of six figures of passive income.
Fuck that office noise.

>>1687456
Care to elaborate?

>>1687453
>jane street
>two sigma
>beta

>>1687433

It'll be be hard going to school and working at the same time. You could try night school and aim for a trade. Just get an apprentice level and aim for a job with that. Always say you are looking to get the next level if it's needed. Got my gas 3 to 3 months only 12 hours of school a week. I'm now installing gas stoves and shit for more then minimal wage. Going to work on g2 next year (10months 12 hour weeks)

>>1687433
23 is super young still. You have plenty of time, you just don't see it from where you are standing.

>>1687433
Get more student loans?

If you can't figure this out on your own, then yes you are hopeless.

Get your shit together and go back to school. Work your ass off and get organization, leadership and internship experience. Those three things will help you get a job when you graduate.

Otherwise you will continue being a fat piece of shit stuck in a dead-end job.

Determine fixed costs such as auto payment, insurance, cell phone, etc. Get them set up on an auto payment system through your bank or the company itself.

Determine your budget for variable costs. Your gas, food, etc. Get a secured credit card with a limit not exceeding that amount. Keep your debit card at home locked up and booby trapped.

Whatever is left just let sit in your checking/savings account that you can't touch.

Once you figure out that being a $300/week wage cuck for the rest of your life isn't something to look forward to, use the money you saved to better your life.

>>1687397
fly to spain and crush la dura dura brah

Go to the casino and bet it all on red

>go to college
>rack up tens of thousands in debt
>graduate and make $10K more than non college educated wagecuck
>pay $20K a year in loans for 5 years
>finance a car, rack up credit card debt, and get a mortgage in the mean time because you can't afford anything because of student loan payments
>pay off those in the next 30 years while continuing down the slippery slope

If you're too stupid to get a full ride or too lazy to apply for a bunch of small scholarships that add up, then college isn't for you buddy. Just take up a trade, be a wage cuck for 5-10 years, then start a business and steal your employers customers. Then in 20-30 years your business will be booming but your body will be shit, and your new young employees repeat the cycle of stealing your business. If you're smart you saved and invested well and move to Philippines and marry a 18 year old girl.

If you have a great job then no, its not bad. That makes sense though

To be fair most of the people who are royally fucked are those who chose useless majors like lesbian dance theory. I do know some people who are financially fucked who did useful majors, but for them it's mostly because:
a) they're women who go into more fulfilling but lower paying jobs
b) because they wanted to travel and unwind after undergrad, so they followed their whims and when they come back they have no connections or recent experience
c) they decided to spend a lot during undergrad (i.e. they NEEDED to live in that expensive apartment on the hill, they NEEDED an expensive car, they NEEDED to live on campus, etc.)
d) All of the above

Overall, I think you'll be fine. Just be sure to hit college hard if your goal is to make good money afterward. Get mostly A's and some B's, work internships, do things that are relevant to what you want to do, etc. Seriously though, be very sociable in both professional and personal ways (know what you're talking about and be able to talk business, but know how and when to crack inappropriate jokes and banter with people). I went to dental school, but even here I have to tell you that it's not so much about the grades you make, it's about the hands you shake

>>1687381

jerk off and play video games

>>1687388
Really?

>>1687381
Try to save a little each month ($5 is better than $0). Invest in 'safe' investments. I'm assuming you're young and have a long investment horizon. An indexed fund (ex. SPY) would be a good start as well as some dividend stocks or growth stocks.

Don't chase small/micro/penny/biotech stocks that can ruin your portfolio.

>>1687323
> Full Workout daily, Cardio on off-days

nice contradiction bro

>>1687376
What's wrong with light cardio on an off day? Doesn't have to be a full veg out on the couch day

>Make at least $25M a year.
>Spread my wealth to the Muslim community in my area so everybody has at least the median family income.
>Have Ahmeds and Muhammad's throwing their virgin daughters at me
>Sacrifice them to the squirrel God after taking their virginity
>transform into a giant bulked up squirrel king
>ability to crush nuts just by looking at them
>put the fear of squirrel God into birds and other predators
>make the biggest oak tree in the world my home
>die happy