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Archived threads in /biz/ - Business & Finance - 6584. page

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Invaluable productivity booster or waste of precious time?
13 posts and 1 images submitted.
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Why think of time in terms of productivity? Only americans do this.
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Just make sure you have something to show for it when employers inevitably ask what were you doing during your time off. I don't think they will accept an answer of shitposting.
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>>1553793
both

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Any offshore bank when you could open an account online without initial deposit?
6 posts and 1 images submitted.
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paypal
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>>1553733
Nope
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>>1553728
Swissquote

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What kind of job can I get in finance if I hate dealing with people and have social anxiety but I like finance and money?
6 posts and 1 images submitted.
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>>1553701
Boileroom janitor
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>>1553701
Start a FinTech company from your bed room
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>>1553701
Quant

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Are traiders here? And how much do you earn every day ? And do you have some tips for me?
11 posts and 2 images submitted.
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>>1553698
>Gebühren: 344€
Bring dich um
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few hundred bux on a good day.. lose money on a bad day.

I my only tip is be patient and buy dips. It has always worked for me. Less chances of getting rek'd if your entry point is after a downtrend
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>>1553698
Up to $10K on a good day.
Also lost that much on a bad day.

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Should I use one and which?
8 posts and 1 images submitted.
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>>1553685
use poloniex.

buy potcoin
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I like poloniex.. highest volume.. faster trades.

but before you trade, accept the fact that if you dont own your wallet keys, you could potentially lose all your coins.

dont invest what you cant afford to lose
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>>1553693
>>1553696
Thx, famm

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Hey /biz/, I'm in my first year out of high school in a European country and recently realized that investment banking and related fields is what I'm really interested in. Before that I have always been interested in national economy and the stock market but I just recently realized this is what I wanna do.

I just have one problem. I don't have the best grades. They are good enough to get into the best schools for engineering and physics, what I was aiming for in high school, but not good enough for the best business school in my country. I'm therefore stuck at the school I'm studying physics at, one of the better in the country but not a really prestigeous one or anything.

What are my chances? I'm mostly interested in IB and the closely related fields and national economy, and I don't want to have to work as a recruiter or a bookkeeper or any of the other possible proffessions that can come out of a economics degree. I also kinda wanna get out of my country, maybe to the UK or US.

Should I go for it? And in that case how? Or should I continue with my physics/engineering path?
13 posts and 2 images submitted.
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Anyone?
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>>1553679
At least in the states you hear of people with physics/engineering backgrounds becoming quants all the time. Maybe look into that. Also if you do well in your undergrad you could always just go get a business graduate degree. You're definitely not fucked, especially if you're going to a school that is well known for engineering like you say.

Don't stress it too much senpai.
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>>1553679
Why aren't you taking computer science? Become a quant. Investment banking jobs are dwindling and banks are replacing them with quants.

The future of this field will be predominantly ran by quants. If you're a wiz at math, which it seems like you are, then I'd certainly switch over to comp sci, finish my bachelor's degree, and then go on all the way to get a doctorate.

After that, you'd have a job anywhere in the fucking world. Any bank would take you in, as quants are highly prized. Not only that, but they're closer to the market than anyone else on Wall Street. So if you really do have a thing for the economy and the stock market, then your goal should be to become a quant.

If you fail to get your masters or doctorate, then you still have a computer science degree, which will still get you a well-paying job in any market.

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Hello /biz/. If you already know this question or type of question, please do our fellow anon a favor and don't post the solution or bother. I remember a thread like this many years ago helped me a lot with getting into the interview question grind, and want to return the favor.

>"You have a coin, continue to flip it until either TTH (tails tails head) or THH is outputted. Is one of these more probable to appear first? If so, which one and with what probability?"

Coding simulations are not allowed, also do not read through the thread until you really gave up, just hide your browser now and start thinking.
I'd encourage you guys to try and maintain the mentality that you are REALLY in an interview when solving the question.
Imagine that this means landing your dream job. This has helped me quite a bit despite how useless it might seem.

Good luck bros. Hope some of you learn.
50 posts and 6 images submitted.
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Just another tidbit: You can expect this type of question commonly in both banking, and any type of engineering/CS.
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>>1553633
Can the TTH be in any order like THT, HTT?
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>>1553651
exact order, you shouldn't ask that question in a real interview, though, because it's pretty defined within the framing/wording of the problem. If order didn't matter, you could be sure they would tell you.

Among these types of scenarios, where you have two competing ideas as to what the logic is defined as, expect the more difficult one to be the one sought after. ESPECIALLY if one of these is trivial as fuck.
If something ever seems too trivial, in a way that seems it's too good to be true, it likely is.

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What do you use to trade stocks?
Do you use your local bank and/or a software?
How much do you pay for this?
10 posts and 1 images submitted.
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RobinPlebs

$0 fees
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>>1553570
I am european. That's not an option for me.
Also, how do they make their money?
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>>1553573
they take interest from your money sitting with them.. Im fine with that.. better than commission fees

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HOW THE FUCK DO I GET MY PRODUCT SOLD IN FUCKING SHOPS AND MASS PRODUCED?

FUCKING SICK OF SPENDING 8 HOURS A FUCKING DAY MAKING THIS SHIT BY MYSELF AND SELLING IT AT MARKETS AND FESTIVALS

RRRRRRRRREEEEEEEEEEEEEEEEEEE
8 posts and 1 images submitted.
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Find an investor.
Find cheap labour in asia.
Ship it to your customers.
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>>1553563
try r9k
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>>1553563
Hire someone else to make it for you.
Hire someone else to sell it for you
Hire enough people to sell at multiple markets and festivals at once.
Hire someone to try to sell it to stores.

Hire someone to do all the things you don't know how to do.

HOW WOULD SOMEONE ANSWER THIS QUESTION? Im so lost and stressed :(


8. Collins’ 2016 Annual Report under Note B – Cash Management discloses information about the Collins’ Used Revolving Bank Loans as at July 2016. Assume Collins make the $65 million tranche payment on the stated date. If Collins then makes a further $65 million repayment in October 2019, what is the balance of the loan outstanding on the facility’s expiry date? Assume the interest rate is 5.4% p.a. compounded monthly, as stated in Note C1.
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collins buys potcoin and retires at 19
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>>1553544
>not your homework army
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>>1553544
You left out the parts that someone could use to help you solve the problem.

If you don't know enough about the subject to know what you would need to include in your desperate call for help; maybe you should hire a tutor? Or maybe just drop out.

Lets get serious here, men.
As much as Id love him to , theres zero chance that trump is going to win this election.
Knowing this information, what is the most effective way to make money off this?

My sports betting site is offering $1.25 for Hilary, are there any better odds out there?
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>buy guns
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buy BLRY
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buy POTCOIN

Would it be reasonable to assume that videogame or entertainment companies shares will rise when they release a highly hyped product?
When Pokemon GO was released, Nintendos share price skyrocketed (even though Niantic was mostly responsible for the game), and i think this is a common case for many other companies when they release a product with alot of hype around it.
What would be the downsides to buying shares you would expect to skyrocket like this?
6 posts and 1 images submitted.
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>>1553498

Buy the hype, sell the news
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>>1553498
The problem is once you buy in to the hype, you're already too late, since by the time you stock up on nintendo, the hype is already decreasing and then at the peak of the hype, smart people will soon realize that the stock will soon become (almost) worthless and won't buy your shitty stock.

I think.
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>>1553507
Wouldn't it be viable then, using Nintendo as an example again, to buy as soon as the release is announced. There's no hype before that, but interest will build up afterwards. Or, buy close to the release date.
Then, sell shortly after the release. You may not be able to maximise profits because the price could still go up or down after you sell, but you could still make a good profit.

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Did this have anything to do with Yahoo's demise? http://nypost.com/2016/10/08/marissa-mayer-accused-of-illegally-firing-men/
9 posts and 1 images submitted.
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>>1553491
not sure if yahoo was not doomed long before
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Uh yeah. You ever read that insider article a few years ago written by a male employee?

Her agenda devastated the company.

It had some trouble before but she tanked it.
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Yahoo has the sand problem that any company promoting liars and sluts does. They have no ideas to move the company forward or skills to cope with adverse market changes.

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What are some things to prevent getting legally buttfucked by a firm when I start investing?

Also absolute noob here (obviously), how do you invest with Vanguard? It feels like just signing up, putting your money and voila you make money seems too good to be true.

thx /biz/
24 posts and 6 images submitted.
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UR GUNNA B RICH

They aren't always going to go up.
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Side note:
It also seems like if you invest online you'd get taxed the fuck out so how did you get started investing with them (since I always hear they're not a meme)?
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You need to be more specific about what you're doing to receive advice about legal CYA. If you're worried about legally

Also, you don't "voila" make money. You're risking that money when you invest. Most people doing their own trading lose big.

Depending on what you're trying to do I wouldn't use a Vanguard account, I'd get a low-commission account at something like optionshouse or TradeKing. If you trade with any frequency (and if you are a noob, you shouldn't) commissions will ruin your shit.

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What can I do legally with gofundme?
Are there laws to stop people from taking a pic off a child, giving a short story of how amazing she is, but that cancer is crippling her, and asking for donations? Of course this would be unethical, but what is there to stop this?
14 posts and 1 images submitted.
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>>1553409
>but what is there to stop this?
fraud charges
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>>1553409
>Are there laws to stop people from taking a pic off a child, giving a short story of how amazing she is, but that cancer is crippling her, and asking for donations?

The law that deals with fraud lmao
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>>1553413
What if the person doesnt really lie?
i.e someone attempting to make a start up business, using a small amount of the money in a mediocre attempt, before calling the quits?
The whole site seems riddled with ways for people to decieve others and make a small fortune

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