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Archived threads in /biz/ - Business & Finance - 6335. page

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>did shit in engineering
>forced to declare an easier major
>choice between CS, Commerce, or any shitty BA

Well, which is it /biz/? How do I make myself employable?
6 posts and 1 images submitted.
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computer science for lots of job opportunities
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>>1662986
Are you in CS? How do you find the courses? Why does everyone here say CS is a huge meme?
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>>1662975
Pajeets, Chads or lane to McDucks Express?
Choose the option with Chads, at leat youll get paid for being a bitch

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My friend owed me $5 and payed me back with this app. I don't know the first thing about investing. Is there anything I should know before starting this?
9 posts and 2 images submitted.
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Literally a meme app
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>>1662945
>HowTf
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>>1662945
Well, this isn't even my $5, so I might as well try it right? What can I do to learn more about investing?

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Sum up your strategy in one sentence.
43 posts and 5 images submitted.
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>get job where I only work 3-4 days a week
>buy truck
>buy motorcycle
>buy boat
>spend days off cruising or going out in the ocean catching Cobia and Amberjack
>die and become compost for future generations
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$10/blow
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>>1662924
>Get NEETbux
>Play videogames all day

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so you guys all just day trade? Why not just gamble? 4/5 of day traders lose money
36 posts and 3 images submitted.
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i do short term investing like 6 months, momentum surfing etc, have just a few longs
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I was a futures trader for a Chicago broker from 2011-2014 before going into personal finance at a credit union for better schedule and life balance.

There's no statistics that show 90% of day traders lose 90% of their money. All of those sayings are no different than you'll shoot your eye out kid or don't sit too close to the TV it'll hurt your eyesight sayings. The study that many people show when somebody says this is some study from the 90s when trading was completely different than it is now or a study with statistics only from a Korean futures exchange.

If you look at actual reports from brokerages, the success rate is more in the 40-60% range.

Gambling is fixed odds. You can never have an edge. Even in poker, I believe only 2 hands has a higher than 50% win rate. In trading financial instruments, your edge can be 0% or 100%. It all depends on your ethics. I know a guy that makes Around $15-18K a week trading oil futures and I know another guy that went through his life savings trying to day trade stocks. He could have been a millionaire if he just did the opposite of what his retarded brain thought. The oil guy has been trading since the 90s and has a plan that he always follows. It's "boring" to him. Where the Jewish retard I talk to on Skype only thinks emotionally and changes his strategy every 2 weeks because he read some new blog about an indicator and how to use it.

First thing is risk. How much are you willing to risk per trade. Every financial blog you read says 10% or 20%. They are retards. I personally recommend 1% of your capital. If that 1% is too small, then you don't have enough money to begin trading. I would say 2% tops. From there determine your reward. I would use at least a 1:2 risk reward.

Now look at an instrument and look at the swings in the market. If your risk in dollar amount isn't large enough to cover that swing, then you don't have enough money to trade it or should look at a smaller time frame with smaller swings.
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>>1662918
Who says they aren't gambling

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I despise people and hate socialising. What's the best career option for me?
31 posts and 5 images submitted.
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>>1662908
Mortician.
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r9k
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>>1662908
If you hate people so much why are you asking them for advice?

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Honestly lets come to grips with it. Majority of people who start poor live out their lives and eventually die poor or a few notches above where they originally started. You cant go from shit to sugar as high as celebrities do without luck and people or a corner of people who are seeing to your success.

Its a fact of life that in our human society and economically it is literally luck.

So why when I bring up the stealing option people get so angry as if its a personal attack on them.

In high school I and two other friends stole over 10,000 dollars of product from a company and made off richer than we ever had before.

>taking from people's hard work is wrong
Yeah and how many of those people would give you a handout
139 posts and 9 images submitted.
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Ugh it's the luck meme again.

Just get off your ass and make something happen.
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>>1662820
/thread
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>>1662820
This.

If 99% people can't make it its not luck its just that they weren't trying hard enough.

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Hey NEET here

How easy is it for companies to verify your work history? I might lie and say I worked at my dads carwash for a year but can they look up if im lying to them? My Dad can verify it verbally as he is the owner and controls the manager.

This is just for some shit tier retail job btw
6 posts and 1 images submitted.
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>>1662798
The most they can do is call your references and verify your dates of employment.
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yeah but if you get an interview you'll fuck it up, you're not as good at lying as you think you are. it's all about embellishing. but if you worked there for a few weeks you could say you worked there for a year, you're still lying but you would still be drawing off experience when you tell them what you did there, and it's easier to appear truthful when you do that, for a shit tier retail job that will probably be good enough.
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>>1662810
Well okay, then i dont know how im not getting hired. Do i really need like an impressive resume to work at some electronics store?

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Are there ways of avoiding paying a lot of tax as a ltd company?

Also if I do shit like use my current account for my business instead of using an actual business account, could I get in trouble?
9 posts and 2 images submitted.
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Bump for interest, future freelance network consultant here.
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i think it depends on the size of your company, how much debt you have and how much income you're earning. In the UK taxes are pretty low of self-employed income, especially if its under a certain band (i think 20k or something), after that your company will get taxed progressively more like in the case of income tax. in an ltd i believe theres a flat rate of corporate profit tax, and you can make it look like theres like net profit through accounting correctly. But, by operating as a sole trade youre liable for all the companies debts. an ltd can help seperate you from the debt.
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>>1663055

*less net proft

I'm moving to china, because I like the woman, and food.
I have enough to early retire, but I want to make more money.
What should I do, that does not involve teaching English?
Sell used refurb apple, samsung phones to americans or what?
16 posts and 2 images submitted.
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have you actually been there? it's a shithole, and millions of other beta dweebs already had your idea.

whitey isn't popular in chinkland anymore. place is saturated
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>>1662731
I have been there, I love it there.
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>>1662729
>Everything is regulated to make it fucking impossible for foreigners

Unless you're willing to partner with someone there and give them 100% ownership then you you're fucked.

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>Apply for self employment
>Suddenly get a bill for £534.80 for outstanding national insurance payments
>Dates are between 2011-2015

I have only been self employed and subcontracting for 2 months this year. Between 2011-2015 I have either been in education, or employed - and my employer paid the NI.

Have HM Revenue and Customs made a mistake? What do I do? I cannot afford this.
7 posts and 1 images submitted.
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Phone them up and explain.

They are surprisingly helpful over the phone.
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>>1662799
But I don't know what phones or what Google or anything is. All I know is 4chan
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>>1662799
Thanks anon, I will look for a number to call

>>1662812
The NI part of www.gov is very unhelpful
>All I know is 4chan
Well, I can't deny this

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Does shilling stuff on reddit with several accounts actually work? Some guy told me to shill my youtube video by creating several accounts. Im about to create 45 new reddit accounts with different IPs with my VPN.

The question is, don't you need Karma in order to upvote something? Otherwise the number doesn't go up? how does leddit work.

Also, wouldn't the admins see that 45 accounts created on the same day are upvoting the same video?
12 posts and 1 images submitted.
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>>1662706
Send link I'Il shil a little for a (you)
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>>1662708
How could you help me unless you are famous.
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>>1662712
Just send the like anon

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Is learning Mandarin a meme for business?

Will it be useful?
18 posts and 4 images submitted.
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probably not, chinese shit on each other never mind whites who consider themselves to be so far down the totem pole that they go out of their way to learn mandarin instead of forcing them to speak to them in english. you're thinking they will respect you for it, that's not how it works there.
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>>1662698
>you're thinking they will respect you for it, that's not how it works there
No, I'm thinking whether it is worth learning for a number of reasons. I wouldn't particularly like doing business in a country where they could have conversations around me where I didn't understand, also I'm not white.
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it's a meme language like Japanese was in the late 80s/early 90s. it will be useless in 20 years.

you don't want to deal with chinks for the rest of your life, trust me.

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So im appying for an undergraduate internship at a range of the biggest consultancy firms. (OC&C, KPMG, EY, etc). any advice?
6 posts and 1 images submitted.
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Big 4 is hell

Reconsider your life choices
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>>1662686
Its there for you to only put the big name on the resume and then go on
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I'm a junior studying corporate finance with a minor in accounting and recently just finished up an internship at a financial tech startup in California and am about to start a part time book keeping job at a CPA firm while I finish school. OP, what are your career goals?

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If I buy $1000 worth of shares for either of these companies, will I become rich?
12 posts and 1 images submitted.
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No because even if in the unlikely event they were to skyrocket to multiple hundreds of a percentage the end result wouldn't be enough to make you rich.
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>>1662689

what would my end result be?
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>>1662714
If it skyrocketed up 1000%, you'd still only make out with $10k.

One or two weeks ago I saw a thread on here saying you could order something off Amazon (or ebay) and claim you never received the package, then get a full refund in most cases.

Is this legit and actually work?

What if someone ordered something worth $700. Would it work?
9 posts and 1 images submitted.
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>>1662631
Yeah, I do it on everything I order off Amazon so I get duplicates of everything. Just make a new account each time and they won't get suspicisious.
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>>1662651
They dont get suspicious? You use the same address you lying faggot. They have fraud teams that look for this kind of stuff and nail kids like you to crosses for fun. Also stealing is for niggers.
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>>1662651
Retardation the post

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