Archived threads in /biz/ - Business & Finance - 6419. page

I don't think securitized collage loans make a significant portion of the market.

A big difference is that you can't walk away from student loans like you can a bad mortgage. That debt haunts a muthfukka

I don't see a crash coming

>>1626730
Almost every college student blows a few thousand and sometimes a hundred thousand dollars in loans.

Do they own any land where the oil was discovered?

What is the cause of their previous quarterly losses?

File: 1478911344540.jpg (74KB, 372x1024px) Image search: [Google]

74KB, 372x1024px

>>1626709
I just discovered the company today. I can't say that I have done enough DD to render an opinion on its specific financial state. Although I will be doing DD concurrent with the life of this thread though. All I know about the land that they own is that they call it (or it's called) Wolfcamp A and Wolfcamp B, which compose 80% and 90% of their operations respectively. Also I read an article that said that PXD owns the most Wolfcamp land, which would make it second to the top in terms of potential oil repository ownership.

>>1626709
Pioneer Natural Resources Co. is the largest producer in Wolfcamp, holding over 800,000 acres of land. As of 2015, Pioneer was producing over 112 thousand barrels of oil per day. Pioneer believes the basin could hold as much as 75 billion barrels of oil, significantly more than the survey claims. If Pioneer were to take advantage of resources available they would solidify their position as the second largest producer in the world, second to majors in Saudi Arabia.

according to -> https://finance.yahoo.com/news/oil-majors-scrambling-acreage-booming-190000591.html

I'm going to guess that their quarterly losses were due to the fall in oil price, and the fact that they've more than doubled production since 2011 (which could be fan-fuckingtastic if oil rises)

Used to be in the bay area for a decade or more.

It's gotten fucked with comes and living expenses. Sr. Devs need to make upwards of 200k.

I got the hell out of there last year, no one really cared about having SF on the resume. And rightfully so. The only question was 'can you perform?'

There are talented people everywhere, so don't think your experience is special.

>>1626676
*commute and living expenses

Goddamn autocorrect...

>>1626676
200k?! so a 120-130k salary is considered low?
Also how much did you retain after taxes?

DN*

Unless you want to play some TTRPGs, then I'm your guy

I'm actually very interested in this.
How much money do you think a DN needs to earn monthly to have a thailandese girl lips around his cock and a good life?

>>1626639
It's a retarded lifestyle. The pay for remote work is low compared to good on location jobs in the U.S. You can just work for 5 years then have enough to live on for the rest of your life.

File: emancipation.png (195KB, 228x463px) Image search: [Google]

195KB, 228x463px

>hey guys check out this HILARIOUS reddit article I found
you need to go back

>>1626640

>implying 99% of /biz/ isn't /r/wallstreetbets

>>1626641
if that were true then that would explain why 99% of /biz/ is shit

it's not true though, 99% of /biz/ is shit because its filled with retards

File: 2016-09-06_155158.jpg (63KB, 318x258px) Image search: [Google]

63KB, 318x258px

▲ List of useful subredits to follow:
https://www.reddit.com/r/Bitcoin/
https://www.reddit.com/r/btc/
https://www.reddit.com/r/ethereum/
https://www.reddit.com/r/BitcoinMarkets/
https://www.reddit.com/r/ethtrader/
https://www.reddit.com/r/Monero/
https://www.reddit.com/r/CryptoCurrency/
https://www.reddit.com/r/dashpay/
https://www.reddit.com/r/xmrtrader/
https://www.reddit.com/r/Ripple/
https://www.reddit.com/r/maidsafe/
https://www.reddit.com/r/moonero/

▲ Charts:
https://cryptrader.com/charts
http://tradingview.com
http://cryptowat.ch/
http://bitcoinity.org/markets (for BTC)
http://ethereumprice.com (for USD/ETH price from Poloniex)
https://bfxdata.com/orderbooks/ethusd (for USD/ETH price from Bitfinex)
http://moneroprice.net (for USD/XMR price from Poloniex)

▲ List of all bitcoin and altcoin exchanges from the biggest to the shittiest, with their daily volume rank: https://exchangewar.info

▲ And ofcourse, if you want to convert USD<-> BTC, use http://preev.com

▲ If you want to convert altcoin to USD, use http://www.countmycrypto.com/

This is the chat room to be if you're interested in trading cryptocurrencies for FUN and PROFIT!

Crypto Traders Room is the most active cryptocurrency trading chat room based on Discord server, currently hosting 540 active members.

Join now to be part of this glooming community!

No it's a meme

Buy waves

>>1626566
>it's a meme
elaborate

bump for interest

File: bizlit3.jpg (2MB, 2845x1682px) Image search: [Google]

2MB, 2845x1682px

EDUCATE YOURSELF!

Personal aesthetics: haircut, better soap/bodywash/deodorant/toothpaste/mouthwash, nice work clothing, etc.

Your first 3-4 paychecks should be used to immediately better yourself, then use the rest for saving/investing.

a sensible index fund like the vanguard 500

>>1626471
what's your idea or is it top secret?

>>1626471
I'm a CompSci student, I'm also trying to get a few startup idea up and running asap, I fucking love the idea of owning or even working in a startup, I might be able to help you if you want...
But as for your question on how to network, you just have to talk to people, I met a software dev at apple on the first day, shit happened and now were friends, I'm quite positive thats a good connection right? Just dont be an autist.

>>1626486
I'd rather not say just because I'm amazed it doesn't exist yet.
>>1626612
Yeah I get what you're saying. I like to think I'm fairly non-autistic but it seems to be hard meeting people in my college because everyone sticks to their own group of friends. I'm mainly looking for people who are in a similar area so unless you live in Dublin I'm afraid it's a no go. Thanks anyway.

Buy a house rent out a bedroom to someone who seems cool. Win-win.

File: 1439164267053.jpg (1003KB, 4500x4334px) Image search: [Google]

1003KB, 4500x4334px

Because befriending cool people and convincing them to share their living space with you takes ultra-high social skill? Don't forget what website you are on.

File: 1475375634996.jpg (36KB, 380x380px) Image search: [Google]

36KB, 380x380px

>>1626447
Well never thought of that. Does it actually work? I always see YouTubers who basically do the same content living together in houses. I'd like to do the same with fishing bros. Have a few flat screens in the living room for watching sports. Basement full of video games and man cave. Big cool house we all split together. But sadly, my interests aren't what other people's interests are my age. They're into talking about fluid genders and how to be a top tier faggot. I'm more into sports and going /out/ and hobbies. All of my friends are 10-20 years older than me with families of their own. They wouldn't be interested in my plan.

>>1626412
Only thing I got to say is;
>Newfags can't TRIFORCE

>>1626412
Similar to the beginning of the internet? In fact it might even be part 2 of some sort of book where the early years of the internet is part 1.

Of course it will also play a large part in the story of the coming financial shitstorm.

Thanks for the reminder to document the early days of this new era. Could be worth a decent book.

>>1626412
probably they will not take off in the distributed form for a long time. but banks and financial institutions are going to use the block-chain to settle balances among each other.

>>1626358
The same reason people buy lottery tickets.

>>1626358
>>1626362
the same reason people believe in god

>>1626368
Nah they are totally different, ya wanna know why? In it's most basic form: Pascal's Wager you lose nothing if God isn't real but you believe. In Ponzi schemes you lose all your fucking savings once it falls apart

>inb4 cherry picking example of Evangelicals or trying to account all the "material cost" of believing in god to argue other wise.

>>1626278
registration of a business takes three possible forms:
1. Paying taxes
2. registering a trademark
3. filing articles of incorporation

only one of these is legally necessary to do business. I'll let you guess which one.

File: 1461994757769.png (21KB, 416x306px) Image search: [Google]

21KB, 416x306px

what makes you think you'll be successful with dropshipping?

>>1626294
because live in a country where dropshipping is not saturated

I think you have the right plan. 5k to Vaycay/snort hookers off cocaine's ass, and 5k emergency fund. Since you'll be just out of school, maybe make that closer to 10K, as you may be wandering around without a stable salary for a year.

The rest I would invest in aggressive stocks and or ETFs. If you get a little luck, 27k or so invested wisely now could triple itself or more with ten years. The high five-figure amount is your best bet as a down payment on your first home.

Final tip: As soon as you make money, move an equal amount of cash over to a Roth IRA. The max each year is $5500, and you should basically be matching that income with IRA investments funded by your inheritance.

Free money when you're young kicks so much ass. I got 70K as a Freshman in highschool, and through strategy and luck, have used it to cut the amount I need to work to succeed by 80% or more.

On a similar note to OP:

I'm 24 and have $14k cash saved up from constantly adding my surplus at the end of the week over to my savings. I've thought lately if I double that money, would it be worth buying a investment property ($100-150k) that worst case if it doesn't work out I keep as a second home? Or should I just start putting it all into a CD or Roth IRA immediately?

I'm not a fan of the latter option honestly, scared I'll die in the next 20-30 years and just have a bunch of money saved up that I'll die with.

>>1626313
Rental brah. The die quick mentality will leave you poor, unless you got a nice business scheme. Eat more salads and exercise and look before crossing the street.

>>1626198
Skillset?

>>1626198
I'm working remotely for few months now.
Making 100 euros per day.

I do web development and stuff like that.
You should know how to manage your time well.

My tip: start early in the morning.

>>1626198
I do arch viz from home. I go into an office once a week on average to meet clients and collect materials for new leads. I do the work early morning or late at night.

I also have a day job to keep me busy. I get bored doing the same thing all day and cant sit inside for 8+hours. Work also comes in waves.

Keeping to a strict schedule will make your time profitable, if you slack its no better than a shit job because your free time is all gone.