Robinhood is a scam proven!!
Stay tuned for links
and but so
>>1465135
I don't know about a "scam", but they do have a lot of people believing they offer the same services as a broker.
The whole "free commission" shtick would be a big deal if they did.
>>1465143
For many people Robinhood does pretty much all they need. So if you just want some simple transactions or you're a low cash/thrifty person who just wants to buy a few shares here and there till you learn more, Robinhood is a low impact option.
Brokers are a scam if anything. You pay some guy who wears a suit and the business he's an expert on is mainly driven by a haphazard combination of greed, fear, confidence and a small dose of knowledge? Just read some fucking books and do it yourself instead of paying some leech to suck on the teets of your investments while looking smug about it.
Personal feelings aside, I know there is actually a service brokers do provide and it's worthwhile for those who seek it. But if you can't afford that, there's other options and that's a good thing.
Any advise for making money in the medical marijuana industry?
>>1465112
Do some reading and buy some related stocks. then just sit on them till the federal government legalizes it and/or the medications they derive from Marijuana. That's the easy thing to do.
>>1465208
also look up what each LP does particularily well
APH- Aphria has the lowest cost to produce weed; it also has undergone MASSIVE expansion in the last month
OGI- nothing great, they are going to be bought out in the near future is my prediction
CGC- snoop dog endorsement
THC biomed- they sell starter kits for home growers; also they are about to get their license
>>1465208
As in publicly traded stocks?
My mom repeatedly falls for get-rich-quick scams from multi-layer marketing (pyramid schemes) to internet "businesses" with social network marketing. She is otherwise a very smart person. I just don't understand how people can repeatedly fall for such obvious bullshit.
I hear anything like "make ease money flipping houses" or "I can teach you to be rich with 5 simple steps" or "This program is proven to allow people like you to work from home and make thousands a month" or "Our company will allow you to grow a sales career working 20 hours a week as YOUR OWN BOSS..."
What goes on that puts some people's bullshit detectors so far out of calibration.
What can I do to make my mom avoid this stuff.
Please share all stories about this subject.
Tell her to run a botnet
>>1465109
Tell her to use a dividend capture strategy.
>>1465109
Manage their money for free.
I've increased my parents' net worth by about 120-160K in the past 6-7 years as opposed if they did things their own way.
Hey that's more inheritance for me, senpai.
What is a president's feces worth? Lets just say that I take the feces of all the current and ex US presidents and store it in a safe place like some laboratory unit so it lasts 100s of years. For example, what would George Washington and John Adams' feces be worth today if we could have a relatively fresh set?
We'd need to gauge the market
Make a fake listing on ebay and see what kind of offers you get. Price accordingly
>>1465101
That piece on the bottom looks like bread
/biz/ has been great recently
Looking to invest $600 into Bitcoin to trade on Polo. Where do you guys buy your bitcoins and what wallet do you use?
General Polo thread as well
bump
How about you buy it from "Polo". Attach a bank account then add funds. Set a buy price and there you go...try not to blow it kids.
I have 2 days to finish 2 entire credits for high school, and then I have to hand them in for marking which might take 10 days.
University starts in 13 days... can I still get in? I'm only applying to Political Science... It's a low tier or shit tier university, only needs a 70% to get in
Can I do it /biz/? Can I? Will universities still want my money for the year and accept me with literally maybe 1 day left before classes start?
>>1464975
>political science
What's the point of even going to uni if you're going to study something so fucking shitty lol
/biz/ approved:
>finance
>math
>accounting
Gl hf
>>1464997
Nepotism, I have a job lined up in an investment firm or a law firm, family members work there in positions that allow them to hire me if I want.
Otherwise I can just do nothing and still survive, only getting degree because I enjoy politics and getting bored sitting at home (20, almost 21)
>>1465017
How the fuck are you in high school still.
>mfw finance/econ major
>4 years at a fortune 200
>over $100 per hour salary
>>1464963
cool..
but what kind of money do YOU make?
jokes on you my psychologist makes triple that
>mfw math major
>1 year at fortune 500
>$20 per hour
just kill me now, I thought there would be 300k starting
What should I do with all my cash?
I own a small business, and to avoid some taxes I accept payment in cash sometimes. It's getting a little obscene, I now have about $5k in cash in my desk.
So I could put this cash into a safe deposit box? Buy a safe and store it at home? Buy BTC?
Buy food/gas, or anything that's few bucks here and there, or go to casino :^)
>>1464908
Thanks but the cash flow is beginning to exceed these expenses.
But if I go to the casino and "win" money don't i still have to pay taxes on the winnings?
Just go to your bank and cash like $4,900 If they ask say you sold a dirtbike or atv on craigslist.
How do we make it profitable?
Contrary to what you think Greece is still making fucking bank off tourism .
Stop austerity and start printing euros
>>1464852
This but also
>Sell pretty much all infrastructure to the Chinese
>More Russian tourism and investment
>Some kind of repatriation gimmick,there are millions of Greeks abroad who have made made money, that's a brain drain, now if they returned them to Greece and gave them the proper incentives to start new businesses in Greece, it could become a start-up hub.
>Not only that, but you'd have a huge influx of German and English speakers.
>Tax the yachts.
>End the Oligarchy
>be me
>24
>masters degree
>no Facebook
>no LinkedIn
>no Snapchat
>no nothing
Is not doing this normie shit hindering my progress in life?
Is it even worth having this fucking normie-tier social media shit?
>>1464779
>he doesn't sit at home smoking weed (lmao) all day while making massive passive income off social media
Why do autists do this?
Are you dumb? It's called networking idiot. Yes it's important. Maybe not snapchat or instagram. LinkenIn is very important
>>1464783
I mean, I literally have anyone worthwhile in my cell phone who I can text/call.
What the fuck do I need to follow them on LinkedIn for?
>So, tell us! What's the secret to your success?
Well, we..... umm.....
I invested in kneepads
>>1464711
Fucking over others
Eliminating the competition
/thread
>>1464724
Just steal my trillion dollar ideas up fām
how am I doing, /biz/?
>>1464698
How close are you to retirement? The money in the G fund is doing nothing for you. If you're not retiring in the next year or two, move that money into something that will get you a decent return. The S fund has the best return YTD. C fund has the second best.
I have all my money in the C fund right now. I'm considering putting all of it into S.
>>1464903
Bruh he has 10% in it and its effectively yielding the same as a 25 yr treasury note, in a tax deferred acct.
>>1464903
Oh and its face value is 100% guaranteed and it has daily liquidity.
how can fake ass wrestling performance art theater $WWE be worth more then steadfast american ingenuity $FORD ?
because WRA$$LIN
Because entertainment has unlimited demand and (cheap)unlimited supply.
>Quality theatre performance with drama and violence (only missing sex to be perfect) vs. The American car (lol) company which made the pinto and who,s letters mean "Found On Road Dead".
Gee, I wonder why wrastling I'd more profitable?
When did yoy realize that it is easier to make an income shiting yourself and pretend to be autist than working harder in a wagecuck job?
>pretend to be autist
>>1464541
Well how much money do you want to make? Living on disability is not as lavish as being very wealthy. You only get so much money if you are disabled.
Having 0 social status and terrible living standards sure is "easy".
I've lived on NEET bux at Uni, and whilst it is OK for that hedonistic lifestyle of pasta and beer, where social status is based on your performance and personality rather than financial wealth.
But I can be absolutely certain it would be utterly fucking hellish now as a young adult.
>pemanently weak and lazy because no nutrition
>looked down upon because of poor physique and self defeated body language
>no spare money to spend enjoying the copious amounts of free time I have
Being on NEET bux as an adult is like sitting back and waiting to die.
Fuck that.
This is the face of the woman who will be fucking your boipussy tomorrow.
Bring plenty of lube.
>>1464522
hold me /biz/
The kike will bring the rate hike.
>>1464522
I honestly am hoping for a rate-hike, but I am no economist. We have low inflation, and the reason rates get raised is generally to combat the effects of inflation and temper off stock market growth.
But what if the stock market is growing and we have low inflation? Are we in the perfect economy?
There probably wont be a rate hike, unless the fed is like "Stock market going too quickly." But the stock market hasnt looked very good these last couple of days, so I bet Janet Yellen is gonna be all "See you in November, suckers!" and stocks will explode for another day.
>>1464532
Yes, but labor data has gotten better supposedly as well as the market inching up a bit.
The Fed has to be more proactive without sending a bad message. We cannot have low rates forever.
I think a .25% rate hike might happen sooner than we think.
At first I thought it would be closer to November, but it looks like Brexit didn't hurt as much as we thought.
Also, December hike was bad because the holiday season under performed so stocks had a large drop off.
To have a smoother hike, it should be done before the holiday season.