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Archived threads in /biz/ - Business & Finance - 6425. page

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would like recommendations on how to start off trading, finding out the ins and outs of the market etc.
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If you're stupid enough that the first place you look for information is 4chan you will never make any money trading and will ultimately lose thousands of dollars.
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>>1624570

If < $1000: Invest using Robinhood or Loyal3 to avoid fees. Consider this savings, not trading. You dont have enough money to trade

$1000~$10,000: Invest in a S&P 500 index fund. Also savings, not trading

$10,000 <: If you can afford to quit your day job, feel free to spend 10~11 hours a day studying the market to figure out what stocks to trade to beat the S&P.
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>>1624576
so why are you here?

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>start new job four months ago
>company has severe turnover and managerial problems according to Glassdoor but what the fuck do I care they're paying me pretty well
>get in
>meet the eighteen employees in my department (entire company has about ~200)
>get to work slowly learning the ropes, mostly doing clerical work
>month or two later
>head of department, second-longest tenured employee in the company, shockingly gets fired by executives
>bunch of loyalists quit with her
>their workload gets dumped on the rest of us
>high expectations remain unchanged and we all get chewed out for not doing twice the amount of work as before
>more people quit in light of this
>down to eight employees now
>four of them are taking interviews on their lunch break, two more are counting down to retirement

How soon is too soon to quit a new job and how fucked will I be with this on my resume in the job market? If I should stick it out, for how much longer should I do so?
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Maybe you didn't hear, I don't shine shoes no more.
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I'd give it everything I have to impress the executives. If the company pulls through you'll be in a great position
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Do what your mates are doing. Interview at lunch, call in sick to interview at other places, etc. if you have to quit and are asked why...say ethics conflict and toxic environment. If you can't stick it out, quit before you get canned.

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>its easier to short stocks and make profit
What the fuck?
20 posts and 2 images submitted.
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not seeing the problem
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>>1624534
Babys introduction to the business cycle.
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>>1624534
In theory but in reality as I have seen its a pain in the ass to short, they get restrictions so you can't use margin and a lot of the time there are no shares to short. I wanted to short DRYS but my broker had no shares and so I missed out on 90% gains.

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Does making a lot of money make up for being a nigger?
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>>1624360
Yes. But it turns you into a jew instead.
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>>1624368
aka Jigger
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>>1624394
What's my ma'fuckin name???

Oh....that's Jigga. Sorry, carry on

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Okay /biz/. I'm sick of being poor, deprived, slaved and depressed. I've turned 19 and I realise I want to get into investments, specifically real estate. I suffer from depression and I said to myself last year that if things don't change for the positive, I'll kill myself at 40. I'll do this because of the dread I've seen from the working world growing up and I never thought there was an alternative for me, I'll just do CS and be a code monkey for 20 years, but now I've come to this decision to change my perspective.

The business and financial world is very foreign to me, so I'm desperate to learn at this point. I just need credible advice, places to start, online courses, etc. I live with my Mom and I receive €80/week of social welfare, so I'm not exactly loaded and I live in Ireland but I'm not shy of international investment. If you help, you might just save my life and I'll be eternally greatful to anyone in the thread, even the shitposters.
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>>1624303
>Real estate
>$80 / week

Uhh...
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>>1624317
What do you suggest?
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>>1624303
80 per week? kek. what do you want to buy with that? a ditch?

>That feel when you get you get your first client from another competing business.

Just started my own business doing aquarium service + installations on top of an online store for captive raised stock.

I don't know why but I feel good.
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That's a sweet logo.
Congratulations.
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>>1624184
Thanks, the name had to include Fish and not just reef even though we grow corals otherwise people would ligitmatly think we are a grow op. which uses very similar/same equipment.

Not the final name is this photo but same logo.
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>>1624199
It's a great feeling. and awesome logo.

Also, I would like to commend you for actually DOING SOMETHING USEFUL. This, with good marketing/pricing, should be a promising business. I've been to a couple of fortune 500/large private investment firms who have aquariums in the lobby. You bet your ass those guys are paying top dollar to make sure there isnt a speck on the glass or that nothing is malfunctioning.

/biz/ could learn from this... while 99% of posts here are whining/begging for advice on "affliated marketing", "youtube vids", "shitcoin """trading""", "NEETbux", and other associated cancer, you are getting into a space that 99% of people have no clue how to do/ are too lazy to do themselves.

Good luck. You're further than anyone else here.

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How do I get out of the poor person mentality once and for all?
I know the steps and path towards personal development and growth but I just seem reluctant to take them. I'm in 0 debt but I'm barely making ends meet with my current income, however I have the strongest desire to buy WoW and just spend dozens of hours playing with my old guild or go out every weekend, little things like these. It's just like a constant pressure in the back of my head to make irrational choices. Any advice on this subject?
7 posts and 1 images submitted.
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>>1624102
Read or listen to brian tracy's psychology of achievement/success

you'll have a fire under your butt to take action on whatever it is you're procrastinating on.

if you don't have any goals but to relax playing WoW, well, create some.
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Going out is no pb. Wow is a wate of time but if you like it why not. I don't see the link with poor person mentality. Its all about seeing opportunities and making something out of it. Pull your head out of your ass, that should do it. If you're dumb, you're stuck there, get used to it.
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>>1624111

thanks for the literature
for the record I do have goals (degree, personal skills etc) and so far they've been stronger in the tug of war but my grasp seems to be slipping

>>1624112
for the record the median wage here is 600 euros so spilling 80 on wow+game time would be a big hit on the budget, speaking from my point of view, in the US that isn't the case or whatever western country you're from

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What stocks will benefit from Trumps $ Trillion infrastructure plan?
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what is currently knowable has already been priced in
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>>1624084
you already missed the boat
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>>1624084
Index funds for utilities is what I'd go with if I had your mongoloid brain.

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Should we short Euros since nationalists are going to destroy the EU the way they just destroyed political consensus in the US?
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Why is Norway on the euro?
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>>1625080
Agreed, and Sweden too. We use SEK.
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>>1625080
you mean on that coin? it's just a fucking picture you retard, plenty of European countries don't use euro, doesn't mean it's wrong to depict European continent on the coin

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I own some land in nevada. What do?

Can I just build a house on there, shoot animals, ride a dirtbike and have a chicken and veg farm and build a school where I teach whores english, maths, science, safe sex and history?

They'll in exchange work on the farm or pay me with their prostitue money.
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>>1624032
I'm not a whore, I'm 19 year old male. I will work on your farm shirtless if you let me move in. How much money will you give me?
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>>1624032
Don't forget weed. Legal weed and whores if you're in the right county.
>not building mini-Westworld theme park
>girls prepaid for rough stuff, told to expect it, all covered in price of admission
I would visit your place, cowbro
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>>1624086
wont let myself succumb to gayness but if your not an asshole then you can live there as long as you follow my rules:

>do not touch my women (this is pathetic I don't even have any)
>work on the farm with me
>respect the land so as much as you and I both want to, you will not fucking shit in the wilderness

I'll pay you probably minimum wage but in return I'll feed you, house you, teach you how to shoot guns and ride motorbikes. And we can race eachother and go fishing and shit. We'll hunt and grow our own food. I'll teach you first aid.

But you gotta teach me other skills. And for the love of god no fag shit. Don't hate gays it would just be weird. Oh and we only communicate in french. I don't know french but we gonna learn it orwe die.

>>1624126
Sounds like a massive timesink. As much as it sounds orgasmic, I could pay for it like a day or two with my life savings and then be broke as shit.

No... Farm market is too saturated. It's all corn. We'd run a cleaning business. We'd take over the state and then the country and finally the whole world

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BUSINESS IDEA:

Make double-sided Political(or whatever, but politics seems like a good market) T-SHIRTS.

For example, on one side you could have one message/imagery, but if you look at it from another side it has a totally difficult message.

Like for example if you look at the t-shirt from the left, it shows a picture of Bernie Sanders with bottom text of "Hope. Change". But if you look at it from a different side it's an image of Adolf Hitler's head and it says "Real change" or something.
71 posts and 5 images submitted.
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>>1624008
Seems more like a design idea than a business idea.

Do you know how to make these shirts?
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>>1624012
No I have no idea but it seems like something that would sell
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>>1624014
You cant sell it if you cant make / obtain it.

Focus on that first and find out if its cost / time effective for you to consider selling them for profit.

just watched this video from martin shkreli and i think he brings up some very good points about passive investing

https://www.youtube.com/watch?v=6-aA5_IsFwA&t=513s

start around 5:30 mark

tl;dw he says 8% index fund returns are a myth when one accounts for inflation and taxes. much later in the video he says that if you are unwilling to put in the time to truly scout out stocks, then you are wasting your money investing.

while i understand both of these points, if i wanted to make some money, should i invest in an index fund and just accept i'm making around 4-5%?
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>>1623995
>should i invest in an index fund and just accept i'm making around 4-5%?

Yes, or spend 8 hours a day learning finance and stock picking.
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>>1624200
10-11 hours. That is what people who actually have a shot at beating the index put in when they started.
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>index that doesnt account for inflation delivers 8% return
>actual returns are lower due to inflation and taxes

Who wouldve thought.

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Not sure if this is the right place to ask this question but here goes.

Obamacare allows pharmaceutical companies to charge excessive amounts of money for drugs which is added on to premiums. Now my question is would this work without Obamacare? could Martin Shkreli get away with price gouging a drug this high if people had to actually pay themselves?
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Your premise is wrong, price gouging is no more real than hate speech or any other buzzword
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>>1623886
Yes but the drug would be replicated and sold for cheaper without it.
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>>1623886
protip- insurance was being ripped off by pharmaceutical companies long before Obamacare existed.

Obama did nothing to change that situation.

Hillbilly Youtube channel.

I wouldnt say I'm dirty south tier redneck. But I'm close. I mean, half of my friends are driving shit from the 70's and 80's for a daily driver. Hell, I am friends with 3 separate people that keep a pet deer, coon, and opossum. I know like 5 guys that make shine and with what i have on hand could build a stil. Kek.

Thing is though I have a childhood friend visiting for a few weeks. He currently is in school in New York. I'm in Kansas.

I have to say that we get up to some pretty rediculous shit when he comes to town. I know that this is entertaining as fuck for us. But 3 seperate people that i dont even know real well and 1 person i have never even met told my my snapchat story was fucking hilarious.

That coupled with the fact that my buddy can do a rediculous hilbilly impression so good I have descided to give him a fake name and have him stay in character for the filming.

I'm doing this reguardless for the lols.

Even if redneck debotury isn't your thing. Do you think it is worth the time and effort of making a youtube series? Unless we strike gold every single dime will be reinvested for equipment and supplies. For example one of my best friends is terrified of alligators. So rather than respect his fear or help him to get over it, we bought one and put it in bed with him and recorded it. Had no idea a human being could walk on their asscheeks. He had a full blown fucking seizure trying to escape.

1/2
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I also am good friends with an english and marketing grad. So that may help to play on the facepace and twitter meme to drive traffic somehow.

I've also been considering trying to start a brand as i am personal friends with a few b list celebs and professional athletes. Not trying to brag or anything. But them posting up on social media saying "you should check out anons shop" would be enough to break even.

All of that coupled with the fact dudes like tai lopez throw investor parties and i know a lot of rich guys who are fucking stupid with money it should prove to be a good opportunity. Love or hate the guy being at a party with 300 social media icons because of him would mean a lot for my company shoukd this launch to the moon.

I also understand its a lot of work and im not gonna through uo a shitty video shot with a 20 year old razor and make a billion dollars.

Going long term here. I want to build a brand and social media following so i can wage cuck less and enjoy my life more.


You lads think there is any money at all to be had here or should i just do it for the lols?

<pics related. 90% of this starts with "hey hold my beer for a second?"

The 2nd pic is last nights project. Underahood beer holder.
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>>1623873
America seems to love laughing at redneck assholes, so you'll probably get yuge.
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i dont know, I only watch well produced youtube channels.

Some people like that bogan with his goats

search: bogan goat kevin the cunt

he made enough to buy some beers and travel around stralia

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How do you justify being dishonest for profits?

I just tell myself they would jew me if they had the chance.
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>>1623862
every transaction is a robbery

if i donate $100 dollars to the poor do I myself not become $100 less rich?

there is good in bad in every decision, for both sides

there are heros on both sides in every war

if not you then who?
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>>1623862
subjective theory of value
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>>1623862
I provide a valuable service at a reasonable price.

sometimes I forget that none of you are actually in business.

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