could someone explain to me why the average citizen should support the commercialization of the housing market?
I'm commie scum and I just don't get it
high real estate prices drive the construction of new homes, sure
but there will always be demand for housing, and if the sale price of new homes is too much what actual benefit are the new homes providing?
then there is the issue of exposure to bad debt, if we let the price of housing creep up and up everyone gets exposed direcly or indirectly
homeowners could loose half their lives savings if their homes loose value
banks could go bust if they over-invest, so could private funds and people in the supply chain who hold assets
we've seen the dangers of the cycle institution-backed borrowing against inflated assets can be
household debt has become crippling, and that money is being ripped from the goods/service sector
people don't have the money to invest in materially productive purchases (eg. a dishwasher) because all their money is tied to mortgages/stock that produces no material gain
is the land of a country not already the property collectively of the people?
what would be the practical outcome of mass squatting, nationalization of housing, non-payent of mortgages or tenants claiming ownership of rentals?
if property prices DID crash, how great would the pain actually be?
theoretically homeowners would have vitrually no asset value but if they bought a home for themselves what would they care; they wanted a place to live not somewhere to sink their savings
What the average citizen supports is irrelevant
>>1682441
40% of millennials live with their parents
The new "average person" doesn't give a damn about owning a home
>>1682467
>40% of millennials live with their parents
Millennials dreaming of inheriting a nice, free, comfy home to live in forever will be seriously disappointing to learn that mom and pop didn't save enough for retirement and will need to take a reverse mortgage on that home.
>Have around 1m USD to my name, all in stocks right now.
>about to turn 30
>dont have a job right now
>IQ over 130, took some finance courses
Where do I go from here.
My goal is to use that time and money that I have to get involved in a completely new area.
I want to earn serious money in the future, not living of some shitty dividends and reduce my expenses.
Am not looking for investment advices
Looking for business opportunities advices.
sell off now, wait for recession. reinvest. Easy profit.
>>1682421
You should go to qst or tg for role playing games.
>>1682421
Why do people think IQ means anything? If you list that, I immediately write you off.
/biz/, I have a career goal I am especially passionate about that I developed 5 minutes ago. What can I read/watch/listen/drink/eat to that will keep me latched onto the most optimal path to this goal? I have a 1 year deadline, and 1st degree connections on linkedIn to the subjects of great interest. To achieve this goal, I need to develop a portfolio of works and a research project with my professors. Pic related is how I feel inside right now.
Bump for interest.
>>1682383
Write down your goal in 700 words. Come back and read it in 24 hours, if you still feel like your OP pic, then do this:
>Buy, Pirate or Borrow EVERY book, podcast, academic essay about the topic of your goal.\
>Read, read, read. Also keep copius notes. by the end of the year you should know everything that every expert in the field has to say about the subject, nothing should surprise you.
>Start working on that portfolio, start off with small time frame Works, things can can be completed in 3 weeks or less, this way you can get a rhythm, you can start learning your process and refine it
>Eventually you can start working on longer timeframe works, applying what you've learned on smaller ones and your continued reading and notetaking
That's all the advice I can give you without knowing what the fuck you're talking about.
I'm going to let you in on the secret.
Drink water. A litre every 2-3 hours at least.
Set a time to do just a little bit of work on it. Every day. 10 minutes. If you work longer, great.
If not, don't stress about it.
Anyone her is or knows a quant?
Is their job fun?
Is a MSc in Financial engineering worth getting? (They cost >50k tuition)
Why there are so many chinks in these programs?
https://www.quantnet.com/mfe-programs-rankings/
https://tfetimes.com/best-financial-engineering-program-rankings/
I have an MSc in Math with a financial math thesis and I'm starting a quant internship in a couple weeks. My tuition was free because I go to a second tier school in Canada where they pay your tuition if you TA undergrad courses. Don't fall for the trap of going into one of the elite programs that cost a fortune.
They only teach you the basics in those expensive programs anyway; the company I interviewed for said they usually don't even consider anyone who isn't a PhD in math/physics/engineering (I got lucky).
>>1682375
I have a BSc in math and want to get into Wall Street. I don't want a PhD though, 5 fucking years is a lifetime.
>>1682388
Unfortunately that's what it takes to get a top job. Maybe you should consider data science instead.
How much money is in Affiliate Marketing?
Newfag here, any oldfags that do this or tried it?
good resources?
Is stackthatmoney.com really that good or pure shit?
>>1682354
It's not free money, to do it right you need to spend like 1000 dollars.
I've been meaning to learn more about it, but it seems to me it's smarter to just use techniques that affiliate markets use and sell your own products, say through drop-shipping for example although it could be any product or service, yes it's more work, but you'll get more income/profits.
Ich kinda richfag, gut lucky with some stocks, would have 100k $ to gamble with
>>1682361
If you aren't LARPing then forget Affiliate Marketing, if you have that much money the work/reward ratio isn't worth it for you.
Find a profitable business you can invest in
what does biz think of an associates degree in mechanical engineering technology
Go for an associate's in CAD and transfer to a uni. for a mechanical engineer major
>>1682342
no
if I do that I would just get an associate of science and transfer
besides I can transfer the MET AAS to a BS in MET and sit for the PE in my state, so the T portion is irrelevant
fuck 4 yrs of school
What would a 2yr degree in accounting or finance get me? the 2 yr accounting degree can sit for the CPA so once again its irrelevant
>>1682346
Then go get your BS.
Associates is for people who are too lazy or dumb to go get a BS from a university in a major that pays well and has a high employment outlook rate.
>$839
euphoria
>>1682275
Holy fuck it went up
forget the moon. This time we're going to Jupiter
>worth more than Google stock.
Will this rocket ever run out of fuel lads?
I'm thinking 5-10 years.
What would be the safest?
Buy a bunch of limited edition beer cans. They will be worth millions.
>>1682256
bitcoin
>>1682256
No such thing,
> "I want free money fast, how do I get it?"
That's you
I'm gonna have around 500 USD once I sell my computer. Should I invest it into steroids or stocks? I'd love to make some money but I'd be afraid of losing it because I have no previous investing experience. Hard choice.
>>1682221
You sound retarded as fuck.
A job/better job or side hustle will bring you more money than any amount of trading with 500ish bucks will bring you. If you're at the point you should sell stuff for cash why in the ever living fuck would you gamble it?
Holy shit people are fucking stupid.
>>1682221
Get a job at mcdonalds
> 500 USD
> Invest
Must be school holidays
>He doesn't hold bitcoin
840 (eight hundred and fourty) dollars per coin.
>>1682160
>bitcoin
>>1682160
No one cares, you're still poor either way. :^P
i bought into CGC at around 10 and now its at 8.89 do i pull out or double down biz?
have around 100 shares. Part of me says prohibition only ends once another part says im gonna lose abunch of meme weed stocks
Buy high, sell low.
>>1682147
Protect yourself. For the time being, this stock is the playground of day traders.
Let it go, re-enter next year. This is an emerging market with a high number of variables currently at play - the stock's true value is as of yet unknown. Additionally, 2017 with its increased volatility will hold some potentially nasty surprises (with a fall of up to 50%) for long-term hopefuls.
>>1682238
>Additionally, 2017 with its increased volatility will hold some potentially nasty surprises (with a fall of up to 50%) for long-term hopefuls
can you expand on this? I missed the boat to cash out and stuck long term holding APH and PharmaCan. Thinking of buying Organigram too and just holding for a year or two
>people complain about housing in toronto
>there are thousands of condos for sale for less than 400k
is everyone stupid except me? why are people saying housing is expensive
>>1682073
>400k
what's that, $15k US?
>>1682073
>she will never use my face as her designated shitting street
why live?
>400k confo
Are you implying this is a good deal?
Damn Star Wars Rouge One ending was epic!
Opinion from biz?
>>1682063
Vader sold the movie from me, that's all you need to make profit, fan service. Good marketing tactics.
>>1682063
pissed me off that literally everyone survived. Disney and their fucking happily-ever-after bullshit.
also is the chick a Disney princess now or what?
At that point of pointlessness, why doesn't Didney re-release the OT on a wide scale?
People will move en masse to watch anything with a SW sticker anyway. Why bother with expensive pseudo-new stuff?
>getting Christmas emails from employers who rejected me
> Rejection emails for job applications
Probably my most hated practice in corporate America
>>1681951
>whois their domain
>look up where they're hosted (probably not in-house)
>report them for spam
>get their entire web infrastructure shut down over the holidays
>merry xmas motherfuckers
>>1681954
>they DON'T send you a rejection email
The only thing worse desu
we predict how high btc will go in the next few months.
ex $5951 per coin and not a cent more.
No it won't, it'll stay stable as it is
Bout tree fiddy and a zero
$0 after trump bans all ponzi schemes