I'm predicting a Hillary landslide.
I can't help you with that, but I have this great product that is guaranteed to reduce how quickly your skin ages and keep you alive an extra 20 years! You have to drink only one 8 oz cup per day, it shouldn't be fair when it is this easy.
Get an 8 pack set of my new snake oil for the low price of $49.99
>>1568277
Bet on the peso rising in value.
>Any way to earn money on the US elections?
Yes, selling your vote.
I need to turn 1.5 btc into 100 within a week.
How to?
>>1568241
Put it all into SatoshiDice, bet it all every time until you win over 100
Buy Bitstar.. Its going to the next galaxy!
>>1568241
>Sell 1.5 btc.
>Buy kneepads
>Profit
>Use profit to buy 150 BTC
You gonna need to make a lot of profit.
What is a good training app for android to practice on the go?
>>1568202
most brokers have simulated trading accounts where you can make trades using fake money. it's a good way to practice imo but as soon as you get the gist i recommend starting to use real money (small amounts) so you can understand the psychology of trading and how your mind reacts when real money is on the line.
>>1568321
How can i learn how to value companies to determine if i want to invest or not?
Also, when speaking of short term investments/trading stocks, how does one determine when a good stock is buy vs sell?
Is there a beginner's guide to this shit? Not a "get rich quick" bullshit thing, but legitimately like a "don't be a retard" sort of guide
>>1568321
This. Psychology of trading is 60% of the effort.
I need help understanding this.
According to pic related, if Nixon sets a price ceiling (Max P) below the equilibrium price (Pe) for some item, then there will be a shortage of that item.
But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.
Yet economists say that sellers don't have any incentive to make more items during such a shortage, and it sounds to me like they're saying greater profits are not an incentive to do something, which makes no sense to me.
So, /biz/, tell me what I am missing.
Probably bait but..
1. This diagram says nothing about the temporal aspect. Your diagram is static, not dynamic.
So yes, over time producers may (see: may) produce more of the quantity to plug the shortage, shifting the supply curve from Pe to Qd
BUT..
>But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.
Quite an assumption to make. Especially if Max P is below the initial input costs.
>Yet economists say that sellers don't have any incentive to make more items during such a shortage, and it sounds to me like they're saying greater profits are not an incentive to do something, which makes no sense to me.
Actually they don't.
>>1568145
>But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.
>citation needed
Let me put it this way. Why would you sell something at $20 when you could sell it at $50?
You can't eliminate the shortage in this example since the diagram is static (ie. short term). And you can't say it would lead to greater profit because firstly you don't have any actual numbers to work with and secondly you don't know the elasticity of supply and demand (ie. the incline of both functions)
>>1568148
Addendum to explain this point further:
>Quite an assumption to make. Especially if Max P is below the initial input costs.
Total Profit = Total Revenue - Total Costs
Assume in the above diagram that:
Pe = 10$
Max P = 5$
Total costs (per unit sold) = 6$
Qe = 10 Plumbuses
Qs = 5 Plumbuses
Qd = 20 Plumbuses
First calculate the profit at equilibrium:
Tot. Rev. = 10 * 10 = 100$
Total Costs = 6 * 10 = 60$
Total Profit = 100 - 60 = 40$
Next calculate the profit at Max P:
TR = 5 * 5 = 25
TC = 5 * 6 = 30
Total Profit @ Qs = 25 - 30 = -5$ (Making a loss producing here. The company will cease production.)
If they try to produce a supply to match the demand: Total Profit = (20 * 5) - (20 * 6) = -20$
The best current-day example of this is in Maduro's Venezuela, where the government sets price ceilings on goods, puts the companies out of profit and forces them to cease supplying goods to the market altogether.
You have won the lottery
>>1568138
this is pretty gay and shit.
I'm not American.
>>1568138
That shit is pretty gay with a gay fucking face attached to it, I bet that homo enjoys watching his wife getting the BBC.
Is it feasible to live in your car in Canada?
mate that picture is the top kek.
>>1568136
Upgrade to a van. You'll thank me.
>>1568146
But is it feasible in winter?
-20° is kinda rough
I live in the UK. I have about €40 lying around from a trip I went on over a year ago. I decided to exchange them for GBP at the post office but the lady at the counter said the exchange rate is really bad at the moment?
Isn't the Euro against the pound the highest it's been in about 5 years at the moment? I don't understand economics. Why is it a bad idea to exchange now?
Because in the UK they really value their pound and exchange rates are always trash. What she means is they ignored the fall of the £ and kept it's value artificially high, and you'll be purchasing a worthless currency.
She knows the true value of GBP. Its pegged to the Tendies value.
You cant even buy tendies with Euros.. Only GBP
> he hasn't you forsaken material consumption and hoarding , in exchange for spiritual truth , enlightenment and eternal riches beyond measure
>>1568105
try r9k
/biz/ is a christian board.. we are rich in wealth and in spirit
>>1568113
do you honestly believe that jesus approves of your actions or are you trying to stir up discourse ?
I don't have WiFi and am a poorfig. Just turned 18. does anyone have any recommendations or warnings about me paying for WiFi at my current house?
get unlimited phone internet and tether it to your computer.
stop playing rotmg as its a shitty pay to win game
>>1568034
Jill Stein says it gives you brain cancer.
Just something to be aware of.
>been working part time for a year
>probably 2 days a week on average
>getting more hours is just a matter of asking
>thinking of buying property with a cap ratio of 30% that already has 9 tenants
>I have 0 debt
Can I get a mortgage?
Probably not unless you have a ridiculous amount of capital to invest (70-80%)
>>1567922
What do you recommend I do? Work full time for a year or two?
I've got 20k in the bank. If you were selling a mobile home park for 140k, would you accept that little as a down payment? Keep the cap ratio in mind as well.
The maximum you could borrow depends on your credit score and income. And you'd at least 20% for down payment.
Are stock options a legit way to make money or just a meme like forex or crypto?
been trading options for 1 year
to this point I've only lost money
>>1567809
Are you learning from your mistakes?
>>1567805
>options
Keep a close eye on AFI this coming Monday. Hold until the end of the month for even bigger profits. Thank me later, preferably with a Hallmark card.
>>1567704
What makes you think so?
>>1567710
he doesn't think so. hes trying to pump it to help his position
>>1567716
Oh wow look at this guy. He's so smart. Haha, I love his cynicism and sense of self-importance.
>>1567710
They released a News Release today stating their future plans for vertical growth technology, which was what investors have been looking for for a while now. Much of what has been released points to large future profits. However, there's also the speculation end of it (particularly with regards to marijuana). They're partnered with THC biomed, because THC's marijuana grow operation makes good use of vertical farming to save space. On the Health Canada website, THC's status was given as being able to sell marijuana (they'd applied for a license earlier this year). HC's site is glitchy though and I don't think there's been a News Release for it up on SEDAR, though many people expect it to show up over the weekend / sometime next week. Being a partner to THC was what brought AFI's stock up to 11 cents. THC having a license and a business future will bump AFI up yet again, and their coming business dealings will keep early investors cozy. I think the stock will double short-term; others have more liberal estimates, but I don't like betting the bank on things I can't guarantee.
>Why am I posting this?
Because no one on /biz/ buys Canadian stocks and I kind of like to laugh at the burgers who miss out on the great stock deals. Being a leaf, I'm a natural-born shitposter.
For what it's worth though, I also pitched THC biomed to /biz/ a few months back. I bought in at 18 cents, and now it's sitting comfortably at just over a dollar.
I want to start a business selling gift cards on eBay, but I'm paranoid about people claiming that they never received it and eBay/PayPal siding with them. I want to ship them in a standard letter envelope. What do I need to do to prevent this from happening while keeping the shipping price as low as possible? Can I just have it so that they have to sign for it or is that not enough or too much?
It is not worth the head ache. For every 9 transactions that go smoothly, some EBT toting knuckledragger will claim that the card has no balance, etc. Ebay is in the business of fellating the buyer; smalltime sellers such as yourself will get shafted in the long run.
>>1567722
So, there's no way to stay one step ahead of them? No way to set it up so that I can prove that they received it and that the balance is there in the case that some deadbeat opens a case?
>>1567735
If you do it by the book, then you should be protected from most every scenario. BUT do you have the patience to be constantly defending yourself.
Also you've got stiff competition that deals in massive volume. As shipping, insurance, delivery confirmation, fees, fees, and fees eat into your profit, what is left but a mere pittance. A slap in the face with a floppy wiener, if you will.
Anyone use Airbnb?
What do you do to increase ratings, get better reviews, get more people in your rental etc.
i use it when i feel like getting raped in the anus
>>1567646
where do you live?
are you renting to rent out?
i thought about that, but i live in ontario. if anything goes wrong, you're in shit. you're not going to have a very strong argument in court because a lot of airbnb operation is essentially illegal.
>>1567654
>a lot of airbnb operation is essentially illegal
How?
New Zealand. Don't rent. Own the property.
Never had any problems with it so far.
It's normal to come home and cry after a day's work, right?
>>1567632
Generally, no, but it varies. What's your job?
>>1567636
Walgreen's, usually stocking shit.
>>1567642
What would you like to be doing?