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Archived threads in /biz/ - Business & Finance - 6666. page

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How does a noob get started in trading stocks?
17 posts and 4 images submitted.
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By reading books.
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>>1498849
by learning to use google.
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>>1498849
To try and give an actual answer:
>go to library and read 1 or 2 books for beginners.
>then go on investopedia and subscribe to their newsletter thing and read their articles.
>open a paper account (practice account). Think or swim is a popular one that works on mobile.
>after about six months open a trading account. Scottrade is one example that has $8 trades and no or few other fees. Some platforms are free but there's usually a catch.
>forget everything you learned and buy Ethereum

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Keynesian Economics vs Austrian Economics.

Which school of thought is the right one, /biz/?
81 posts and 11 images submitted.
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>>1498823
(((Keynesian Economics)))

Good goy, without us controlling the entire monetary system the economy would surely fail!
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>Keynesian Economics

Ideas like this all originate from the (((same group of people))) and are designed to be contagious and easy to understand so people fall for the ruse.
>>
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Seriously, which one is the RIGHT ONE?

How do I choose?

NO MEMES PLEASE

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Should I sell Amazon? There's no way this kind of growth can continue right? It's got a PEG of 4.0 for christ sake...
14 posts and 2 images submitted.
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“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” -Warren Buffett.

How much are you up?
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>>1498816
Invested at 320 about a year ago, I'm up 1300.
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No, you should not sell it.

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How do I earn money?
8 posts and 3 images submitted.
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bottle sacred cow urine
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>>1498701
>open tdameritrade account
>buy $3,000 dollars of SPY
>make an extra $300 dollars a year

your welcome
>>
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pay toilets

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>be me
>have MBA
>graduate at top of class with perfect grades throughout school
>work way to top of company
>become president and part owner
>sell company to outside investor who has his own management team
>start to look for work

>6 months later
>still haven't even gotten an interview

Fuck, /biz/, why is this so hard? Why can't somebody with my qualifications find anything? I've even been rejected for a bunch of entry-level bullshit jobs.
30 posts and 3 images submitted.
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>>1498697
you're overqualified for most jobs and underqualified for the rest.

It's sorta like being a corpsman in the military- your position has no equivalent in the private sector. What is a business owner qualified to actually do? own things I guess.
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Adjust resume to show only experience relevant to the positions you're applying for.
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>>1498697
Stop applying for entry level jobs then. Or improve your resume and cover letter. Networ more - join a social club.

Too late now but 1. You shouldn't have done an MBA and 2. You shouldn't have sold yur business without a new job lined up.

MBAs are meme degrees which teach no useful skills and I have seen a few people fail when selling their business who think that their experience owning 1 business makes them an attractive candidate when it's usually the opposite

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>I make 300-400$ a month from Youtube and crypto which is not enough to do anything
>Go to college/trade school!
>I'm too dumb/not autistic enough for STEM/economics shit (due the math) and there's no jobs for trades in spain/they pay like shit anyway, and im 27 with no job experience so by the time I finish I will be too old to ever get hired + suicidal due receding hairline
>Go to college/trade school!

I have no options.
44 posts and 5 images submitted.
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>>1498598
Join the
ARMY
R
M
Y
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>>1498601
No, I have girl wrists, i'll get bullied.
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>>1498598
If you already make some money with Youtube, why don't you try to increase it? Not sure what kind of channel you have(?) but you could try to get shout outs or make some advertisement. Also if you are afraid that there are no jobs for example for trades then why not moving to other countries for example Germany? There are no borders in the EU.

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Why do half of you fucking retards shill the shittiest companies? I hope all MSTX shills die a slow and painful death.
11 posts and 4 images submitted.
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who cared, only other retards would blindly believe an anonymous person on the internet
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Seems like OP lost his money to retards.
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>>1498588
I just started playing with stocks maybe 10 days ago and so I've only lost a couple of cents but on a larger scale it definitely could be bad. I actually wanted to test waters. My original plan with MSTX is to sell it during hype tomorrow before the conference but there literally is none, everyone is shitting on them. I just don't understand how so many anons can baselessly shill mstx so hard as if they're actually doing something when they're obviously just as worthless as every other money pit.

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How do you cope with boring wagecuck commutingcuck job when there's people out there that make money playing videogames or uploading instagram pics and are free to do so anywhere in the world and they keep making more and more since it's exponential while you are stuck being a fucking cock until you die?
34 posts and 5 images submitted.
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>>1498535
I cope by starting a successful contracting company 14 years ago and then retiring to travel the world and shitpost on 4chan.

I make money if I go to work, I make money when I sit at home. I even make money when I'm asleep. I'm fucking amazing. I made $10 in the time it took me to type this.
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>>1498535
Well. I get to live with my parents and save almost everything after tax which I invest.

Soon I will buy some property to rent out and that should be the beginning of my path to never having to work again.
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>>1498548
I made $16 in the time it took to type this by sucking 8 dicks at the same time.

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Does anyone here have any info about the British housing market right now? Which direction is it headed? Which direction is the general economy headed?

My father and I are looking at maybe getting into property development. I'm an accountant and he's a carpenter and joiner - I think we'd make a great team. Tips and general advice about property development are also welcome.
16 posts and 1 images submitted.
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>>1498532

property investment, new zealand style

>buy house. any house. doesnt matter
>immediately put back on market (same day, if possible)
>cross fingers that more than one chinese person turns up (a full room of chinese is ideal, but just 10-15 will do)
>sell house in ridiculous bidding war between rich assholes desperately trying to get their dirty money out of china
>make huge profit, zero tax because Banana Republic
>go home and be outraged that you cant get any tickets to the big game because scalpers got them all and are selling them at a huge markup
>rinse and repeat
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>>1498532
There will be plenty to develop thanks to the immigrants destroying homes in the next few years. Problem is they will be in immigrant neighborhoods and no one will want to buy them after they are developed. Except for immigrants, and selling to them is never fun.

Housing market for actual brits will be similar to how it's always been.
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>>1498563
What if there aren't any Chinese people bidding, you can't sell the house and you have to pay interest every month

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>Be me
>Have Civ 5 gifted to me by sister
>Been playing that and Crusader Kings 2 for the past 6 months
This morning I had my first ever Economics class and its all about opportunity costs and exchanging resources.

Anyway post media that has assisted you in your career or education by accident
26 posts and 12 images submitted.
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>>1498492
>be Spic
>play Animal Crossing
>every time I find a new item I go to my house to see what it looks like
That's how I got to learn a lot of English vocabulary.
>>
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>>1498492
>Highschool dropout in Europe
>Spend my teens looking at funny videos and pictures on the Internet
>Tired of looking at the translated posts on blogs in my language, which always translate the jokes in ways that obviously never works
>Start reading the English version on the websites I always saw linked as source, always having Google Translate on another tab
>Start spending a lot of time on 4chan (which I've used for years without understanding most of it, just because of the funny gifs and pictures) and start watching YouTube videos
>Get good enough at English and start learning a valuable skill thanks to the great resources available in ENglish but not in my language
>Today is literally the 4th anniversary of the day I started
>Up until now, I've used this skillset to make about $0
>Still spend most of my time here
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>>1500123
>learn the most important and useful language in history and then spend all your time jerking off and looking at funny pictures
You're just like a native speaker.

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Hey /biz

Not sure if this is the right place to complain. Whatever, he's a little story for you.

>be me, mid30, trader in a small HF (CEO who also takes care of investors,research analyst and me)
>every now and then we hire an intern for 3-6 mths
>they support us with annoying admin stuff for little pay, in return they get a peek into the industry ->win/win
>this time, it's a girl
>smart, good grades, great references and an OKish work history (student jobs)
>on an unrelated note: she's really hot, but that's not why we hired her in the first place (this is not /b so pack it in again)
>I do my thing on markets, while interns work alongside CEO/IR or analyst
>I usually take interns out for lunch within the first 2 weeks of work, just to get to know them a bit better, otherwise I don't have much to do with them
>also I normally don't go out eating, so it's a good excuse for me to get off my desk once in a while
>Send her appointment (through outlook)
>she declines
>Oh, OK, but that's alright. Maybe she has a dentist/hairdressing/pedi thing or whatevs - no biggie
>invite her again the week after
>declined again
>alternatives? NO!
>walk over to her desk after the markets close and ask her what the matter is
>Did not point out I want to know more about her than what her CV says, because I thought that was obvious; like, you know: a work thing...
>So this silly bitch actually replies:
>"Oh I'm sorry anon, I mean, your colleagues talk highly of you and you'd sorta be my type, too. It's just that I have a boyfriend so I can't go out with you. I hope you understand..."
>guys, honestly, I was baffled. I did not expect that.
>so all I could do is just stutter:"oh o-ok..."
>Cringeworthy, I know, but I really had no other words right then

She's 22 now and I'm shitscared what's going to happen once she enters the corporate world for real. I mean, do they get smarter or will it stay like that? Are there more of her? If this is the case, our economy is going down the drain.
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L O L
>>
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>>1498232
I mean if she is a hot girl in finance, can you really blame her? There is so much testosterone flowing on the trading floor, people try and fuck the 40 year old secretaries.

Maybe if you had explained the situation better instead of whatever cringeworthy response you gave, she would have just said "Oh, haha sorry, of course I can go to lunch Anon!" Now she probably thinks you just want to bang her. lol. Have fun with that awkward office environment...
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>>1498232
> not explaining that you do this with every intern, because it's a work thing.

Who's the retard here?

God damn it I just wanted to buy drugs
11 posts and 1 images submitted.
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>>1498224
Haha same thing happened to me
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>>1498337
Haha same thing happened to me
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>>1499054
Haha same thing happened to me

Where do you see yourself in 5 years?
44 posts and 11 images submitted.
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>>1498103
Done with the other degrees I'm working on, out of my law firm, and likely working in a business trying to make it amazing. Without getting into my finances too deeply, I'll also have paid off all student loans, the remainder of my car, and maybe my condo (doubt doing that, I'd rather have the cash free).

I'd also like to be dating someone and close to marriage, but lol let's be real that shit isn't gonna happen.
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>>1498103
I just started working for a teeny tiny IT contractor that's expanding very quickly. In 5 years I can definitely see myself as a partner or I can jump ship to land a senior role with another company. Within 5 years I would like to be engaged to my gf but depends on how our careers are going.
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Well, i will start working at MC Donalds tomorrow earning $260 per month (yes third world), i really don't know where i will be and i worry a little about that.

We used to look up at the sky and wonder at our place in the stars, Now we just look down and worry about our place in the dirt.

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Best job for a 17 year-old in Europe. Asking for my brother :D
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>>1498064
dick sucker
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>>1498064
gold mining
door to door sales
>>
Kneepad distributer

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So I came here a few months ago, there were a few suggestions that I should only have one page on a resume, how could I improve this even more? I was going to put my degree on there but since I'm hoping to find a full time job I dont see the need to put that I ma currently studying full time
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>>1498030
don't put references directly on resme, write something like "references available upon request"
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>>1498030
also work on tailoring your resume to what you're applying for. will free up space from irrelevant experience, and allow you to expand on things relevant to that which you're applying.
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>>1498034
>>1498039
I second both of these things. You don't need to put stuff like foreign language experience on your resume if you're working in some basic customer service role. I see students put this on their resumes all the time, it's usually bullshit and it just makes me cringe.

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