Archived threads in /biz/ - Business & Finance - 6340. page

>>1660752
Obvious pick to short anon

Have you seen the fundamentals? I wouldn't pay more than $1 for a share

>>1660752
>>1660760
Obvious samefag with short positions getting nervous.

Financially literate at what level?

It's a broad range between making a household budget or calculating compound interest on your savings account and figuring out the true value of a coco-bond given financial reports or predicting the futures market.

Most people can't even handle the former...

>>1660693
I'm fuckin tired and about to go to bed, but I'll get you a longer list in the AM. You can start with something basic, like Rich Dad Poor Dad. There's some storytelling but it's a very good piece on passive income and real estate. Think and Grow Rich by Napoleon Hill is godlike. Also, The Richest Man in Babylon by Og Mandino. These are just a few off the top of my head.

TL;DR
Rich Dad Poor Dad by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
The Richest Man in Babylon by Og Mandino <-- START WITH THIS IMO

>>1660699
Rich Dad is garbage designed to sell seminars.

Richest Man in Babylon is legitimately important.

I did and it works well for me, but you should learn a bit about fine tuning these things.

Most people don't diversify enough and get mediocre results.

>>1660730
By fine tuning what do you mean?
>>1661327
I was thinking of just putting money into as much as possible, barring the shit that will obviously fail, and hoping that enough of my investments pay off.

>>1660661
>have kids to carry on your legacy they said
>they'll inherit your drive and intelligence they said

>>1660661
try r9k

its vice versa for me.

>be me
> be 7 years old
>come from wealthy family
>parents have genius idea
>parents have glorious idea
>"duh lets found a company"
>"k"
>parents borrow money where they can
>parents never had expirience in leading a business or a degree
>dontcare.jpg
>parents had store for designer furniture
>fucked up because my mom was a lazy spoiled whore
>parents now have impossible high debts
>we lost our house and nearly 80% of the wealth my family owned for generations
>parents dont care anymore about anything
>i'm now the only one with a perspective in my family
>going to uni studying computer science
>looking forward to founding a company for software development
>going to take back the lifestyle they took from me

OP, the internet has changed so much that NEETS can earn money without going outside.. Take a look around you.. RH and Shitcoin shill threads galore every month just like clockwork. Most are just perpetrated by NEETs with too much spare time, wanting to make a quick buck.

Im a NEET and have $50,000 in my war chest ready to make a killing in the markets..Im patient, just waiting for the right time to enter a hype / pump

Buy high, sell low

>>1660639
How the fuck do i become a NEET in Canada, do any anons know?

>>1660639
>forcing society to work for them
Sure thing buddy, if you think those $500/mo means society is working for you. Don't want to ruin the only delusion that prevents you from killing yourself.

That's fine if you can do it, have no assets that can be seized, and know what you're gonna do with your life while you wait for the 5 years (dunno what it's like in the US) or so before you can earn big money again

>>1660468
There are a few rules with Bankruptcy. You have to be a little bit careful not to violate on of the rules or they will deny your bankruptcy.

Your plan will work if you do it slowly. You have to show that you took the loans in good faith - with the clear intention of paying back the debt.

I guess a real question is if there is a line where you suddenly in trouble for fraud. I assume their is a line, but where is it? Our fucking president used bankruptcy as a key strategy, so it's obvious you can get away with a lot of bullshit if you know the rules.

You should focus on your career and ignore real estate forever.

Seriously, what the fuck is it about real estate that attracts attorneys? Aspergers and real estate are like peas and carrots.

>>1660381
> Why wouldn't I be able to buy, say, a duplex and lease it out by the month, and use any gains from it to cover upkeep, while also reinvesting it in more real estate?

You're in a top Law School and you can't figure out the answer to this question yourself?
Hmm...seems fishy.

>>1660387
It's attractive because it's the closest non-autismo way to generate side income when you have a decent salary. Parents used to rent out properties when my dad was running his business a couple of decades ago and it was profitable enough for him that he had a nice padding to his bank account from it.

What would you suggest I do then as a sort of side job that isn't handing my money to an investment firm?

Git good [at trading crypto coons] you fucking poosy

Lol

>>1660312
>22 almost 23
>shitty part-time job
>still in school for another year beacuse i was a massive fuck up and lazy pos years earlier

it could always be worse

>>1660312
what country do you live in?

if U.S., i'mma be completely honest with you OP, you're doing better than most people your age.

>>1660116
You need to be more specific and consider that many eastern european countries are literally dying because all the young people are moving to the western european countries. You need a countries that is developing especially agriculturally and its hard for me to think of one.

As long as it cash flows, it can't be all bad meng

I wonder if we can con rich Chinese people into buying up property in Eastern Europe

also interested

i'm an entry level accountant (just started working for citibank) and wondering how i can progress higher

>>1660102
bump

>>1660102
Literally work from 7 to 8 or 9. Go out, do blow, fuck a slutty bitch or your gold digging gf whatever, knock out, wake up on Sunday to go to work again. This time they let you out at 6!

Greencard marriage?

>>1660115
I want to gain money not lose it.

You have to go back Poojet

>>1659992
Bot some account creation site and sell the accounts.
Bot a game and sell the in-game currency.
Mine a crypto.
Or be a real pro and bot stock trading.

>willing to do shit for $10/month
I'm glad I don't know this feel

>>1660002
>idling
>do shit
are you mentally retarded ?

What are you invested in, Theranos?

>>1659646
ITT tech

>>1659646
/rgt/ memes

why don't you have said things? are you a lazy piece of shit by any means?

>>1659535

hitchhike to the nearest city and sell my boipucci

>>1659535
you have to go back

>>1659494
You're a fool if you think that is enough money to achieve what you want.

Keep persuing an education or trade. You have enough money to give yourself a start to an early retirement. That's your safest bet. Let it grow.

>>1659504
Me again.

If later on down the line you want to start a business you will have the knowledge and skills to succeed. That money isn't going anywhere so no need to be rash.

>>1659494

But a small apartment for 100k you will never need to worry about rent again. invest the rest.