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Archived threads in /biz/ - Business & Finance - 6347. page

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File: CUvsBANK.gif (11KB, 715x215px) Image search: [Google]
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Which one do you prefer and why?
19 posts and 1 images submitted.
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>bank

when will this meme end
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>>1658243
so you just keep all your money in cash under your mattress or something? explain
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>>1658242
Dividend yielding etfs and reits. Banks have atrocious interest rates right now.

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Do any of you guys know of a good Stock trading simulator? So I can trade on the stock market with pretend money just to practice? Does such a thing exist?

I've been trading Cryptomemes for a while but doubt its relevant enough to apply my "skills" directly to the stock market.
11 posts and 2 images submitted.
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>>1658240
investopedia has one, not sure how good it is compared to others, used it in high school econ
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>>1658240
You can open an optionshouse account and paper trade stocks and options. There is no money required to start the account, not even a credit card.
>>
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>>1658240
you want a "time lapse"
simulation
so u can simulate many lifetimes of experience in just a few days.


this is the best one i have every found.
"wallstreet raider"
by ronin soft.
its only 20 bucks 2 . its well worth it.

come post when u beat my net worth.

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Talk me off the ledge, /biz/...

I bought UVXY (2x VIX short term futures) at roughly $20 per share when it was (at the time) at its all time low. Its now down to about $9.

Its not a huge investment, but I am down about $1100. Should I cut my loss or hang on for dear life and hopefully make it to a market pullback?
13 posts and 1 images submitted.
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>>1658221
Sell. You dont hold leveraged securities overnight. They go to 0 eventually.
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>>1658227
wouldnt they keep buying the short term futures contracts?

the weird thing was that today it was actually up $.06 per share even though the market was wayyy up.
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>>1658230
>UVXY

That thing decays faster than a corpse in tropical heat. But don't worry, just hold it until until it does a reverse split and sell at 200

What's a safe stock that I can sit on for the entirety of Trump's presidency? Will X just continue and continue to grow? I just want a fund that will grow at least 15% each year, nothing too special at all
37 posts and 4 images submitted.
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>>1658193
>15%
>nothing too special
>>
>>1658193
>find out the major domestic manufacturer of wall building supplies
>invest in said company
>wall gets built
>you get rich
>>
>>1658199
I gained ~19% on my current stocks in just the last month. You're telling me there's no really solid ETF that can land me 15% over a year?

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What does /biz/ think about silver? Good investment?

I currently spend 5% of my income on silver as a retirement fund.
9 posts and 1 images submitted.
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>>1658104
I don't know know why silver would go up.
>>
>>1658104
Don't expect to make a fortune
Its a good physical asset to protect wealth and buying power
5% is good. Kevin O'leary does the same thing but in gold (5%)
>>
Better than keeping your money in the bank I suppose.

Silver is undervalued at the moment. Don't know many people who will locally buy silver off me though.

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What an absolute God he has been for business in America over the last 8 years. Look at those #'s.
13 posts and 2 images submitted.
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>>1658100
Doesn't that have more to do with the economy recovering after a crash?

Did Obama personally have much of an effect on any of this stuff?
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>>1658100

Cherry picking statistics is always fun.
>>
You already have one thread going

>>1657487

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Anyone here running a private or online like business ?
Any advice how to start ?
6 posts and 1 images submitted.
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no kneepads plz
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>>1658077
>online like business

A business that isn't online but runs in a similar way?
>>
>>1658091
e business, like those people who sell stuff on ebay

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What the fuck happened to this? now it's some dutch thing with a login
http://meme.exchange/login
10 posts and 2 images submitted.
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>>1657987
>What the fuck happened to this?
you tell me.
>>
>>1657996
it was probably just abandoned but im very curious about the dutch thing.
Any dutchbros know what Zorgna is?
>>
>>1657987
that language doesn't seem dutch, sounds more like a slav language like polish or something

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Hey /biz/ got a question. Probably a stupid question but here's a little background real quick. I'm 21 for about $10k in my bank that I've made over the past year or two. Got another 15k in inheritance from my grandma but that's on another account and I'm not touching that til I buy a house or something.

My question has to do with credit. I have no credit or even a credit card. But I know I should look into building some credit while I'm young. The thing is I'm rather adverse to getting a credit card and I got a reliable car that I bought straight out with cash. My plan is to take out a small personal loan of about 1-5k and not do anything with the money other than pay off the loan. I know I'll lend up losing money in interest but I'm fine throwing away some cash to build a little reliable credit.

Thoughts and advice? Thanks in advance
6 posts and 1 images submitted.
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>>1657973
I told my kid to get a secured credit card and use it once or twice a month. Pay off the balance every month so it doesn't cost anything except annual fee if it has one.

seems cheaper and probably just as effective. Also I found when I had no credit I couldn't even get a small loan of $1k without putting up collateral or getting someone to co-sign.
>>
>>1657983
Fair enough I thought about getting a credit card and doing just thought but when I talked to my older brother who was in more or less the same situation he said it was hard to get a credit card after 18 of you didn't have any credit already. Admittedly I took that at face value rather than looking into it. But thanks man I'll look into getting a credit card
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>>1657988
my kid got one through his bank. I think he deposited $250 as security and had a credit limit of $500. After a year they gave him his deposit back and upped his credit limit to $1k.

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Why aren't we sentencing baby boomers to death? They've ruined the economy 3 times. They've made the entire world hate us. They've literally contributed nothing.

Just sitting with my Grandparents makes me want to bludgeon them to death.
9 posts and 2 images submitted.
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>literally
>>
wtf? I hate baby boomers now.
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>>1657928
don't ever talk to me or my boomer again

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Hi, I am looking for a windows or linux program to analyze macroeconomic models, where to introduce the equations and give them graphs and the final balance. Can do you help me?
12 posts and 1 images submitted.
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Also a good simulator of complex models.
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>>1657923
friendly bump
>>
>>1657938
Thank you

Where were you when you were reminded you could get shares of Facebook while they were still a small company?

If only you listened. You could be sitting on beaches while your shares mooned? What were you doing that was more important?
10 posts and 2 images submitted.
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>>1657915
I was busy being in middle school, anon
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>>1657915
This is an employment ad, not an offer to buy shares, dumbfuck.
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>>1657915
I was just born.

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I know zilch about credit cards and need to open up an account, so I'm coming here for your advice.

Which company would you consider the best for a 25-year-old who has 0 debt and 16k in savings.

>25
>16k in savings
>no debt
10 posts and 1 images submitted.
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Just post your credit card number and I'll handle it
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whichever has a deal with your bank or offers the best promotion right now. it's not like they're fundamentally different in the service they provide.
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>>1657893

Depends, what do you want from your credit card? If you have savings you can probably manage your money, so you won't carry a balance, so either low / no annual fee and potentially a cash back deal, or do you say, travel overseas 3 months of the year? If so find one with free travel insurance & save dosh that way. Need to decide what you want from your CC, makes it easy.

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Learning how to hack and going full Robin Hood?

Anyone ever considered this as a legit 'career' path?
12 posts and 1 images submitted.
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Its not easy to hack :) takes ages to master the skills, and lots of patience. Plus, you'll have to rip your real life.
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>>1657844
>robin hood

What?
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>>1657849

do you have experience? i think it's tempting because at it's core lies the belief that you can outsmart others... i think many of us here are very thrilled and tempted by that idea.

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>be me
>be unemployed and looking for job
>some pharmaceutical company picks up the bait
>interview is done over IM
>tell me I'm doing data entry
>send me a check for $4k to buy accounting software
>deposit check, check clears
>tell me to withdraw 4k in cash and deposit into a vendor account at a different bank
>the check and the account are under different personal names neither of which are the company's

This is a money laundering scheme, isn't it?
11 posts and 1 images submitted.
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Since I think it is, is there any way of me getting in trouble if I just keep the money?
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>>1657836
>>1657861

yes

no

go to the police

The baddies have your information, so if you steal from them they can come after you. If you are turning the money into the police, they can't hurt you.
>>
>>1657836
>>1657861
you fucking idiot why would you even get involved you should have run away the second you heard
>oh we'll interview you over IM
you fucked with their money and now they're going to find you, kidnap you and cut your head off and you'll end up being on Liveleak for everyone to see and say "wow it sucks to be that guy"

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