>tfw bought at $96
>falling for NVDA meme
>>1666022
that's what happens when you are a NoVideo NVidiot... Radeon Masterrace
>>1666112
How do you cope knowing your coins have no inherent value?
No one buys meme coins
>>1665885
>no inherent value
and yet btc millionaires driving Lambos around your village
nocoiner suicide watch
>>1665924
You can't buy Lambos with memecoins
Remember, they have no value
$777
nocoiners on suicide watch
>>1665536
Bought BTC just a few hours ago. Feels good.
>>1665536
$777
shitcoiners hoping it does not crash like it always does.
>tfw EE major in undergraduate
>tfw get a job at a hedge fund making $165k before even graduating
Electrical Engineering is GOAT major. Prove me wrong.
How is it goat if you're making that much at a hedge fund not doing EE? Are you retarded? Or somehow saying 165k isn't impressive?
If this is bait then you got me
>>1665450
Because quant funds hire EEs like crazy. I have friends who are starting out at 400k.
>>1665455
Do they mostly do C++/assembly/FPGA stuff? Or are they actually doing quant stuff?
can someone explain to me how financing a car works in regards to how much interest you're going to end up paying?
Im buying my second car tomorrow (first time from a used car dealership) and i wanna know if i understand this correctly:
the car costs $12,000. Im putting $4,000 down (2k cash 2k on credit card)
the remaining 8k is going to be financed. I have no credit so the dealership gave me a 17% interest rate, which is shit i know.
The guy told me i can pay off the loan as quickly as i want.
He gave me a 60 month contract, so with 17% interest id end up paying $12k total (8k for the car+4k interest) if i did it in 60 months
But if i decide to pay it off in 12 month, i'd pay only $8,756 total (8k for the car +756 interest) correct? or would i be locked into the interest amount id have to pay for a 60month term (ie id have to pay 12k total in 12 months)?
I've never financed a car before so forgive me if im asking a retarded question here which i probably am. Does everyone have the option to pay off their car finance quicker?
>>1665345
As I understand it the answer depends on two factors:
1. if there's any penalty for early payment
2. how interest is calculated
these factors will be outlined in your loan paperwork and you can ask about them before signing.
In general I think it works pretty much as you described though. If you pay early you avoid tons of interest and most loans don't have an early payment penalty of any significance.
>>1665350
there is no penalty for early payment. not entirely sure how the interest is calculated but ill be sure to ask.
A 17% interest rate isn't bad at all then if you can pay a car off in a year
>>1665355
>17% interest rate isn't bad at all then
as long as it's better than your credit card rate you're doing fine.
how do i get rich really quick?
Two words: chip warmer.
>>1665186
Be moderately wealthy to begin with you stupid lazy fuck. Learn delayed gratification like you should have at age 5.
Do you really think /biz/ has the answer you dumb piece of shit?
>>1665186
you don't
how much do you limit your spending?
>>1665026
15k a year in rent, maybe 5-6k a year in other expenses
>>1665026
I thought that comic was funny until I saw that fucking self indulgent self portrait in the bottom right hand corner, it's not even witty: just a vaguely related pun.
To answer your question, I live with my parents and my only expense is beer, books, and clothes... okay it's beer alone, it's not like I'm buying clothes every week like a woman!
You have to spend money to make money.
I have a piece of land in Latvia nobody seemingly wants.
34 hectares of drained swamp, which has that burnable turf(dont know in english name for it). It was said it's not enough to extract it profitably
1.8ha of forest comes with it.
Classified as non agricultural land
What price I should ask for and how to find buyers which offer decent price and how much should I expect?
(I hope it isnt considered advertisement)
>>1664806
I really want this selling/buying real estate in eastern europe to become a thing.
Shameless bump
>>1664809
I'm pretty sure that it will be. And the whole region will develop in an intense pace. Low living costs, quiet and relatively safe cities and beautiful countryside. I'm from an East-central European country and I love living here, the only bad thing is the extremely low wages.
I live in the capital city but I have a REALLY old small house with a huge garden in a small village not too far. From time to time we think about selling it but I don't think that we could sell it for more than $10k since the building is pretty ruined. But for around ~20k you can buy a comfy old fashioned bigger house with a big garden. If you like the countryside, want to live abroad for a while and you have an online income or a remote job, it's a good opportunity.Btw I'm from Hungary.
ON topic: I have no idea, but it sounds cool, owning a forest and a swamp.
Anyone here invested in ICONOMI?
Depositing 10 btc as investment now, will have another 65 btc invested in btc..
Yea, invested 0.2 btc because thats all I can afford.
>>1664473
anyone else?
yes a lot of us
Just remember nocoiners: On a long enough timeline all fiat currencies go to 0.
And gold is easily confiscable.
>b-but I already lost the Bitcoin boat
>>1664406
Bitcoin will test its previous ATH in 2017.
I have around $40'000 lying in my PayPal account and want to invest it.
What kind of investments can I buy via PayPal?
There is no way I can buy stocks or ETFs, so I'm not sure what else I can do.
Domains, websites, online businesses?
Please don't suggest precious metals or cryptos.
I already have enough of those.
>>1664243
You should know carding is illegal and you will pay much more than what you earn
1) Withdraw from paypal
2) Transfer to your bank account
3) Invest
4) ???
5) Profit!
So, I've always wanted to join the military since I was a kid, and I'm coming close to my graduation with a STEM degree (specificity isn't inportant for the questions I have) in a year, and I'm considering joining the marine OCS (officer candidacy school) program to serve 5 years as an officer.
Tld;dr- graduating soon, thinking of temporarily becoming an officer
So my question is - what are the pros and cons for my financial future if I take 5 years "off" to join the military?
So far this is my thinking -
PROS:
> Great soft resumé builder, especially with smaller companies (muh thank yous for serving)
> Gives me 'managerial' experience in a way
> Security Clearance also builds resumé
> Saves 5~ years worth of housing, food, and travel costs (no gas/car, military houses and feeds me on taxpayer money)
> Allows me to save 5 years of income as a result (excluding costs like clothing or entertainment which already only take a small portion of my income with a wage slave job)
> Gibsmedats after service - Cheap government health insurance, cheap life insurance, covered higher education costs if I want to go to get my masters and eventual phd or even something like law school, etc.
point being lots of tax payer money goes into my pocket
> Able to be a dick with an automatic moral highground when I deal with shitheads like my family "I was an offecur!!!!111"
CONS-
> 5 years late on starting career, I'll be about 27 when I get out of service
> 5 years loss of potentially higher income
> less time to get investments or my own land, very hard to manage finances in the event I go overseas
> of course potential risks for injury or long term issues as a result of service (not quite as worried, officers do less physical grunt work)
Thoughts?
>>1663514
>nothing
>>1663514
I used the GI Bill, VA loans, and hiring preference for gov jobs and contracts.
Other than that I wouldn't say it's a great idea. Marine OCS is just masochism.
The military is shit. Its only good for very unambitious kinda stupid people or people with tremendous tolerance for bullshit and abuse. Enlisted side is basically workfare for the dredges of society.
You made valid points just weigh the pros at 0.2 and double the cons.
Hey /biz/. Which one do you prefer and why? I'll go first.
I like Futures because it's relatively easy to understand compare to options. It's basically like a leveraged stock market buy or short. I just day trade this with some technical indicators.
Btw, if I'm wrong, I would love to learn more about both. I don't know too much about options.
>>1663149
>I don't know too much about options
You apparently don't know too much about futures either.
>>1663523
What do you mean? Futures you trade Commodities using contracts. The mindset is essentially the same where you can buy low, sell high, or short high, close low. The only difference is that while a stock you all can only you lose 100% of what you've invested in maximum, you can lose an unlimited amount with futures. So therefore the risk is potentially greater.
Feel free to add on to this
>>1663149
the principles behind options are relatively easy
the person who sells the option is short. they get a premium up front and that's it. the person who buys the option is long. they pay up front and then have the option to exercise the contract (which they will only do if the strike price is in their favour).
you have call options (long has the right to buy at strike price) and put options (long has the right to sell at strike price) and each has a party on short and a party on long, which leaves you with four basic scenarios you can find yourself in (long call, short call, long put, short put; image related).
of those the long positons are "safe", ie you have a chance of limited loss (the premium) but unlimited gain while the short positions are "risky" with a chance at limited gain (the premium) but unlimited loss.
then read up on the vital difference between european and american options and you're pretty much good to go as far as basic theory goes.
Let's see some sound investments.
caught $PTN and $BAC at good times and profited 8 bucks in 2 trading days on 80 (i shoulda gone in harder on ptn)
any moon missions on your radar? $EYES, $TWTR?
>>1657623
up ~$6k
>>1657623
>made 23 dollars
>sound investments
Last one died
>>1656537
WTF is IAM and why should I invest in it?
Is it just ozzie MGT with this Patrick Canion guy being the Dundee McAfee.
Age: 20
Holdings: 5k VAP 5k VAS 15k PLG
Just started investing 2 weeks ago, lol.
Bought 285 shares of Ingham's Group when it was $3.06.
How screwed is the ASX tomorrow following the GDP announcement?
Is this going to be a painful quarter?