Archived threads in /biz/ - Business & Finance - 6622. page

>>1517738
Idk what the label is, but
>give poor people enough money to start
>they spend it on useless bullshit ie jewelry, shoes, etc.
>profits for those companies go up, pay min wage workers more
>they buy more things, vicious cycle
It's fool proof, except that outsourcing exists and people would rather keep their gains than throw it down the corporate ladder.

I don't consider any one school to be sufficient. Cafeteria cart or nothing.

>>1517738
what the fuck is a new keynesian.

some guy who runs property management said that the investment prop should be able to get 1% of what you paid for it per month to be considered sound. So If you can get a condo for 200K you need to rent it for 2k per month for it to be sound financially. Hence you need to find either a killer deal or get apartment building / duplex / house to multiple renters to make that, in my opinion. I doubt most renters will pay $3,000 a month plus their own utilities for a property worth $300K. I do think renters would pay $500 a month for a room in a $200K house with 3 other roomates... equaling 2K per month thus meeting that "rule"

I've been thinking of buying a cheap fixer 3 bedroom place and converting the garage into a studio with it's own door and parking space. Then rent to a family for 1800 and a single person for 900 meaning I can spend up to 270K on the place.

I'd talk to realtors / property managers etc and check rental listings before I buy of course. Based on the prop manager Bro who posted earlier last month I'd look for a prop manager if I can swing it, based on their experience filling the place with renters and evicting people w/ their own lawyer if needed.

>>1517722
No. I live in exactly your shitty property and bought one next door just as shit. Bonus points for 0 bullshit ordinances and plentiful tweeker labor for like 10 bucks an hour cash. Due diligence man. Need get u a checklist and check all this shit before u buy. If u sell now without holding it 1 year and one day prepare to eat 30% taxes. Make a cuckshed out of it and rent to tweakers or try and shill it rent to own or something under the table. Or bulldoze it. Good luck op. Sounds like u learned some lessons.

Dont give up.

If being a landlord was as easy as kneepads everyone would be doing it.

>>1517851
I didnt buy, contingent on inspection.

Buying sight on seen is for retards

>>1517718
When I was poor I mostly ate chicken, eggs, and pasta/rice.

Now that I'm doing well in life I mostly eat chicken, eggs, and broccoli/rice.

>>1517718
soylent

>>1517724
Chickens expensive

How do i in blacksmithing?

>>1517654
Why haven't you bundled them with fedoras yet?

>>1517654
Why is your mum such a whore?

File: top-20151009_155306.jpg (225KB, 1500x2000px) Image search: [Google]

225KB, 1500x2000px

>>1517640

I'm stealing this, on the phone with my patent lawyer now. Thanks sucker

>>1517640
It's not the dumbest thing I have heard of. If its cheap enough I could imagine people buying it but I doubt it would be a super hot item. If done well enough I could see that being worth your time to manufacture and sell but I wouldn't expect amazing profits.

>>1517630
He's a scumbag who preys on stupid people, and is arguably the father of kickstarter/nu-male shit.

>>1517630
>20 maybe 30 percent is him marketing some obscure product or training system
Ain't nobody got time for that. I'd rather kill myself.

File: Tim-Ferriss.jpg (61KB, 364x333px) Image search: [Google]

61KB, 364x333px

his books are great, although i read them and im still a neet with no skills

Buy low
Sell high

>>1517620

It's just something people say to make themselves feel better when they really have no idea what they are doing

>>1517620
Strategy is basically agenda setting.
Where it differs from marketing is marketing is the products and services are already determined, the marketers have to present that to potential customers.

Good strategy takes feedback from markets to change the products and services on offer to capitalize on market insights.

Strategy is basically the nexus of everything in business: how much money you have, what your operations and pipeline is capable of, your metrics and data, your corporate culture... all that comes to ahead with strategy.

However, there's something everyone forgets, strategy is important, but it's nothing without execution. You can have an elaborate strategy which will leverage your operations and supply pipelines to give you a flexible product mix to make the most of seasonal variations in the market, but if you don't execute it, if you don't have a company culture and a clear line of communications you're fucked.

>people are angry with the new rewards system
>dont buy from starbucks anymore because they think its a ripoff
>goodbye long-term yeild

>>1517590
Here have an upvote :)

>>1517590

>buying coffee at a place that sells milkshakes to teenage girls

Yes but it takes at least 7-10 years of dollar cost averaging before the probability is on your side

>>1517586
i think if u mess around with commodities and get a feel for market trends, you can do far better than 7% easily , if u can predicts up and downs for shorts, you can easily do 1% a day or week .

>>1517586
Or mix term life, real estate, mutual funds, REIT, and not more than 10% on pure speculation.

>>1517517
And why you hang out on a Mongolian pottery painting board.

>>1517517
isnt this the dude who got fucked by a grizzly in that one movie

>>1517537
He drowned in the atlantic ocean.

bribe a geologist into claiming they discovered oil underneath the property

What kind of returns would an investor see?

have you tried like...
zillow

i can put in a dollar or two so i guess yeah you could say im pretty rich

tell me ur sweet ideas OP

>>1517499
>making money off of it
Sure, everyone likes making money. But the more you have, the less you're willing to dump into relatively untested strategies.
If you had the bulk in some blue chips, would you risk it, or continue to collect thousands a month for doing nothing?

>>1517522
I'd dump a few hundred on projects like comic books, short indie video games, short animations and other cheap, but highly profitable ventures.

invest

>>1517387
In what? Real estate? Stock market?
And what percentage of it?

Janus fund

you can always sell the house for a tiny profit and let the buyer assume the mortgage, easy

>>1517335
>always
>profit
Haha.

>>1517346
assuming you got the house in a nice area and made a killing through capital gains.

My house doubled in value in 10 years.

>>1517309
What the fuck is this?

>>1517377
like a baby wipe but man size.

great, i needed something to wipe off the cheeto crumbs on my moobs