All right /biz, Im looking into starting an LLC or a Non-Profit to collect donations to give to other organizations.
Of course, this is /biz, so either way my end goal is to end up with as much money in my own pocket as possible. If I go the Non-Profit route, Id be paying myself for administration, web development, and marketing.
>Why would anyone donate to you instead of [x] organization directly?
Marketing.
And, depending on the organization, easier to use UI / convenience.
So far, my research is this:
LLC
-Pros
>Less start up cost
>Simpler start up
>Less risk (cant be accused of taking too much money)
>More private.
-Cons
>Donors cant write off donations on their taxes
>Taxes
Non-Profit
-Pros
>People can donate for a tax write off (so more / bigger donations)
>Tax exempt
-Cons
>More fees to start up
>More complicted
>Approval takes awhile
>More public
>Risk IRS trouble if I take too much
Start-up funds are limited and I've never filed for my own business before.
What is your opinion /biz?
>>1619822
If it's a charity endeavor than it needs to be a non-profit.
However non-profits are very hard to set up. An LLC takes about an hour to set up.
Also, people that set up non-profits and take money go to jail on a regular basis.
>>1619939
You can accept donations as an LLC, its just not a tax write off so donors have much less of a reason to donate.
And you can take money from a non-profit, its just a grey area. It has to be a "reasonable" amount for the actual service youre providing (its not like they get everything they need for free).
The problem is that "reasonable" is a bullshit term that has no place in the legal system.
got an interview on friday for an entry level finance analysis role with a big 4 bank
what should i know? i have no experience in finance
>>1619333
Just talk about how the market will never have a down trun and American will have the biggest come back in history from Trump's trade polities.
Then when you get hire short everything and liquidate all government bounds.
>>1619405
lel
i-is this legit?
>>1619411
The fact that you asked makes me think you aren't ready for an interview for any serious job, much less an analyst role in any large financial institution.
Is there a such thing as "overdiversification"?
Of course.
http://www.investopedia.com/articles/01/051601.asp
>>1619026
Ask Germany
people who diversify at all are old men and uneducated millennials
I got about 100000$ from the election by betting. Should I go all into bitcoin and play with the market after buying my mother and I a trip to New York?
Wait for bitcoin dip. The price is too high right now
>>1618764
You missed the dip at 540$ and 570$, just swallow it and buy it now before you risk it going over 1700$
>>1618704
1Mil or 100k? Ok 100k. I honestly think you should use some of it to pay for a game demo trailer on kickstarter, something people desperately want and have never gotten... like a good Minecraft game.
Even I, who trade alternatecoins like a maniac, know that I cannot depend on it, I'm not that talented to know how to get away with it.
>>1618704
>>Should I put all my eggs in one basket?
You know what, go right ahead.
What's the point of working so hard if you're rich as fuck
Whatever prevents you from throwing yourself a shotgun-tasting party I guess.
>>1618395
You're a dumbass for thinking that people like Bezos got rich because they wanted to be rich. Look at the richest people - Gates, Soros, Buffett, all still working. And I bet you these guys would still be working if they'd only made it to 50 million in net worth.
You think that all that "visionary stuff" is just a marketing gag or a myth? These guys look farther than you probably ever will, and their drive to create something, to be successful, is what keeps them going to work every single day. They're addicted, and luckily, they even share their wealth. Through their stocks, through charity.
These people literally drive the world, while you sit on the last row getting dragged along.
>>1619037
Pretty much this. Also, it's a mistake to think of it as "working". These guys do it because they love it. It isn't work. Work is just a phenomenon that occurs in the wagecuck's mind
>Wagecuck like a slave
>Barely make $2500/month after the kikes steal money from me via taxes to pay for tyrone and his "baby mama"
Explain to me why we shouldn't commit credit card fraud.
>Lots of money
>Can literally make a week's worth of tax-free income in a few hours
>Don't need to pay taxes which means you don't support niggerslime
>Cold hard cash ready to be spent on bettering the White race
Explain to me why we aren't committing credit card fraud yet. I want to be a gud boi who dindu nuffin but it's getting really hard these days when I weigh the two options
Because it's bad unless you know the person you are stealing from is a dindu.
>>1618254
but you're only stealing from jewish credit card companies
>>1618255
If the credit card companies want to they can still force the person to pay
Wouldn't u see names if you commit fraud though?
* https://archive.org/details/PlanningUSSRSorokin
* https://archive.org/details/PlanningSocialistEcon1
* https://archive.org/details/PlanningSocialistEcon2
* https://archive.org/details/CentralisedPlanningOfTheEconomy
* https://archive.org/details/PoliticalEconomyACondensedCourse
* https://archive.org/details/PoliticalEconomySocialism
* https://archive.org/details/DynamicStabilityTheSovietEconomyToday
* https://archive.org/details/SovietEconomicDevelopmentSince1917
>>1618206
>"Soviet economics"
Healthy kek
>>1618208
I mean even if you think socialism is dumb it can still be of use to study how national economic planning worked.
>>1618210
Failed*
HONESTLY, how much money have you made off the stock market?
ive lost thousands of dollars
Like fifteen bucks at this point.
About £200
I give people advice about patents for a living. Ask me questions and I will give you advice for free.
Why do you perpetuate the idiotic legal idea of intellectual property?
>>1617804
it helps the small guys
my company is a total of 5 people, we've sued $DELL $HPQ and potentially $INTC next.
were not patent trolls, these assholes just wont buy from us and keep stealing our technology.
Dell at least settled for royalties.
>>1617804
Because without it nobody would ever bother taking an invention from paper to product.
I just inherited 4600 Acres of land in the middle of bum-fuck no where in Australia.
Is there anyway I can put it to use? It's mostly desert/shrub that can't be farmed.
>>1617335
I'd get it surveyed. You could be sitting on a natural resource that could make you some serious cash.
>>1617335
See what other people in the area are doing. See how you can improve on that.
Are you okay with breaking the law?
So, I'm planning to make a a shitty Tumblr for the sole purpose of dumping my excess amount of porn and littering it with ads for money. How viable is this?
>>1616938
Tumblr doesn't have a demonetization functionality for copyrighted material such as the one that Youtube has?
>>1616938
i think tumblr doesnt let you monetize like that anymore.
nothing stops you from buying a domain, and a hosting plan that allows adult content.
it is viable and thousands of people are doing it. i will mention simply dumping pics on your server will not earn you any money. you need a marketing strategy to drive traffic to your domain.
would randomly spamming a site with those links work?
I told you dry bulk shipping was past its record rock bottom levels on September 22 >>1516036 (dead thread).
I used this specific image.
I warned you, /biz/.
Now look at $DRYS - +1900% up in the last 5 days.
Look at Seanergy, Euroseas, Globus, Top Ships,
And it's not not just the companies previously considered sunk under their debts that have been revived as the market's recovery solidifies. Look at bigger companies too, Scorpio Bulkers is up 50% in 5 days. Star Bulk is up 30% in 5 days. Diana is up 70% in 5 days. Eagle Bulk is up 125% in 5 days.
Don't say I didn't warn you.
Now it's probably too risky to buy. In the long term, the sector is going to recover amazingly well. But these public companies may be too saddled with debt from past mistakes to actually make it. I doubt all of them will.
The whole thread from September if you can't see the archive.
>>1616914
Waiting for screenshot of your gainz.
>>1616914
Should I hold on to my drys for a little longer or is it just going to plummet? L
> not investing in comic books and collectibles
Why do you hate money
>>1616858
I hate comics.
I don't want garbage piling up in my house
>>1617095
This
"what is your greatest weakness?"
How do I answer this?
>>1615279
"blondes"
>>1615279
Bourbon, usually.
be honest but also highlight some concrete things you've (supposedly) done to improve yourself in that area
Hey guys, quick question.
If you had to start from scratch at 30yo, what would you do? No experience in any field, financially clean and whatever. Blank slate at 30.
What would you do? Career? Goals?
>>1614236
Honestly I would get a teaching cert and half ass it until I was old enough to retire. Never doing such a bad job they could shit can me, just enough to get by. No sleeping with high schoolers or creep shot stuff either. They put people in jail for that. You won't get rich but if you manage your money you should be able to get by without a lot of worry.
>>1614236
get an apprenticeship in a good trade
>>1614236
Bump for interest