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Archived threads in /biz/ - Business & Finance - 6496. page

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Are bank interest rates compounded or? Where should I put my money so I don't have to think about it and it grows by itself the fastest?
7 posts and 1 images submitted.
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>>1592698
>Compounding interest in savings accounts
>That outpaces inflation
>In 2016
HAHAHAHAHAHAHAHAHAHAHAHAHAHA!
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>>1592701
What?
>>
Are they compounded daily or yearly?

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What if we just euthanized the poor and unemployed? Wouldn't that increase economic growth by getting rid of the inefficiency holding it back?
9 posts and 3 images submitted.
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>>1592404
Then how do we profit of the poor?
>>
no we need to put them to work
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>>1592404
They say if you say Frederic Bastiat's name three times fast he will appear.

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Guys, the ARK ICO is coming soon.
No it will not go to moon.
But, you will still make a good quick profit if you buy it at ICO/Presale and sell it on day 1.
Especially if you take advantage of those bonuses.
9 posts and 4 images submitted.
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forgot the link:

https://ark.io/
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BTC price is going up.
Which means ALT-coins price is going down.
It would be stupid to sell your altcoins for bitcoin at the moment.
But its a good idea to invest your spare altcoins in ARK
>>
>BTC not capped

wat?

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Why aren't you buying Etsy, anon-kun? :)
7 posts and 1 images submitted.
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i bought in july and sold last week.

pretty much a perfect trade

might buy the dip, but not sure given the election. i reduced my overall exposure heavily
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>>1591951
I made the thread because I'm thinking of playing the earnings. Buying 800 or 1000 shares.
>>
If I did buy into etsy when would you suggest I sell?

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I'm 24 and making $64000 a year. What are some good investments to make, and what is a decent RothIRA to start for retirement investment on top of my pention plan?
6 posts and 1 images submitted.
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>>1591049
put your money in money market mutual funds
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>>1591312
nope.
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>>1591049
Stick it all in Euro bonds.

In all honesty, if you're smart enough to be making a decent amount of money, you should be smart enough to manage your own portfolio.

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I am going to make a website to generate income from affiliate links, advertising and the sale of digital goods I will produce. I know I can do this much. I have the webpage planned out and have been writing articles in my spare time.

However I am stuck on picking which website builder to use. I am a new graduate so my idea is to write about my field from the prospective of a new grad, and basically summarize everything I learn. A resource for new grads, students etc etc. I can generate some income while I improve at my profession. Anyway, the website will have a lot of articles and different sections. I want to use squarespace because its so easy to set up but all the website themes there look like hipster sushi restaurants. I keep looking to wordpress but it seems like all the site maintenance will be a fucking headache.

anyone have any input on this?
10 posts and 2 images submitted.
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Help me
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>>1590782
Wordpress, squarespace, wix or blogspot. Then go buy a decent theme from envato market.
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>>1590795
Squarespace 100000% over any other site. Modern looks, great features, always updated, cost efficient

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>current year
>he still dismisses bitcoin
>He still thinks cryptos not named bitcoin are worth buying for whatever reason
>Bitcoin core 13.1 just released, segwit soon
>Price keeps rising, over $700 per btc soon

Holders rejoice, nocoiners cope thread
85 posts and 15 images submitted.
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>>1590558
>Each one of these cryptocoins is worth x currency

This is the main problem. Crypto is good for PnD, but it's still not a currency, it's payment processing software at best.

Call me when you can tell me how much BTC a pizza costs without first looking up its value as another currency.
>>
>>1590603
PizzaCoin
>>
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>investing in a monopoly

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>bought an apartment complex at 22 after getting loan from bank
>now 25, paid off, lived in complex the entire time, now take home six figures every year doing nothing
HAHAHAHAHAHAA YOU PEOPLE ARE SO STUPID AND POOR OH MY GOD AHAHAHAHHAAHAHAHAH
25 posts and 3 images submitted.
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Pretty cool, what's your major?
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>>1594063
Why would I go to university? That's for idiots that can't read books themselves and plan on working for someone else.
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>>1594065
Micro or Macro? What college?

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What would happen if :

You own a nice online business that nets you 100k$ a year before taxes
You live in Canada
You incorporate a holding company on top of your current business
You transfer all the extra cash you get from your business and you dont need (50-70k$) to the holding company then pay yourself dividends (tax free = more $$)
You buy all the shit you need through the holding company so you're virtually free of any liability (real estate, securities, life insurance plans, everything can be bought through the holding company according to Canadian law)
If you really want to pay the least corporate tax you can incorporate in Barbados and only pay 0.25% according to the 2011 Canada-Barbados tax treaty on double imposition

why is no one doing this ?
Is accounting and tax law purposely complicated to give jew tricks room to the people in the industry ?
12 posts and 1 images submitted.
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We were. But they changed the law so you have to declare yourself as the beneficiary of the corporation and pay the regular taxes. Google it. RBC wealth management posted an article awhile back on it.
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>>1593804
I heard about it but I read few recent articles (2015-2016) about the new strategy being used,
basically some journalists did an undercover interview with hidden camera with a huge firm in barbados and they will openly lie to the canadian tax agency and say that they are the ones operating the business. They will take care of all the paperwork, tax fillings, they have a huge building with hundreds of corporation registered. it's all legal too, barbados is the 2nd recipient of canadian foreign investment after the US (over 60 billions $cad a year)
that's more than to the UK, France, Germany
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>>1593808
So your question is about fraud, not tax strategy. By all means, commit fraud. Since you're knowingly doing so you do risk penalties and jail time.

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Hello guys, I have a deadline today and need to choose a study in 6 hours (bachelor).

What's the best study to go for?

I'm not a genius and don't like to spend hours on reading books. I'm pretty creative but don't want to study things like cross media design cuz I want them $ and power.

Tbh I just need capital before I hit 28 (22 atm) will take 3 years for a bachelor. Want to start on my own on that age with some money in my pockets.

So any advice? English not main language excuse me
11 posts and 1 images submitted.
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I'm not good at anything nor bad at something. I just talked/acted my way out of shit.

I'm pretty much introvert. Not looking for friends or handouts just care about my self-interest
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>>1593670
Adderall
>>
>>1593683

Hmm, never heard of that one we don't have that here.

Guys whats best easy study with good income

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>realise how much the shitloads of coffees and sandwiches and junk food have dented my bank account

Wow, I am a tard
11 posts and 2 images submitted.
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>>1593605
yeah going out for food/drinks is one of those "hidden" expenses that you dont realise how large it is until you add it all together
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>>1593605
I had the same problem. I was really fucking bad with Subway because it was literally 2 doors down from the office. I bought all the shit for a sub myself and made it at home morning of. Cut cost of my daily meal just by making it myself.
>>
>adding up all the beer and weed you bought for getting shitfaced each friday and saturday

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I have 500 ethereum, is that enough that I'll be rich in 1-2 years? If not, what should my target be?
13 posts and 2 images submitted.
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Go all in on Bitcoin and wait 10 years.
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>>1593454
Lose your fucking virginity to your mum, crypto faggot.
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>>1593473
How can you be so sure it will go up in the longterm?

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who else a minimum wagecuck here? i literally can't save shit after rent/bills/food/gas. this is literally my entire life savings and im 26.
22 posts and 2 images submitted.
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>>1593330

I purchased a samsung c365 also. I haven't even considered counting it towards my net worth.
>>
Feels man
bough iphone4
i felt rich
buy an iphone
greatest investment ever
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>>1593330
>minimum wage
Last time I made minimum wage I was 16yrs and they gave me a raise after a few months.

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if I'm 18 now and assuming I have ideal genetics, what industry to I enter into in order to make as much money as possible before 40?
15 posts and 6 images submitted.
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>ideal genetics
>>
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If you had actual ideal genetics you would be making $5000/instagram post instead of being a wage/studycuck.
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>>1593481
implying the job with the largest <40 earning potential is instagram posting

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What is the minimum amount of money you need right now to set your life in order?
30 posts and 3 images submitted.
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In actual cash? a bit over 13 mil
In Capital? well over 6m.
This is assuming the average age of a /biz/ dweller is only 22
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>>1593294
20k for college loans
50 billion to make sure I'm set
>>
>>1593294
20 million is a good amount to make sure I never have to work again. Of course I'd have to pay 40% of it directly to the government. I will never make 20 million before taxes.

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