Hello biz.
Can someone tell me as if I were a retarded child(i might be) how liens work and whats a lien waiver?
So once I begin work the claimant/owner basically gets a lien right for contracted amount? Or I guess they could be liened if something goes wrong?
And when we finish all work and they submit final payment I give them a lien waiver, kind of like a receipt?
Is that how it works?
>>1461561
Most broadly, broadly speaking, yes.
A lien gives them a partial/full right in property for the amount you owe them to ensure they get something if you don't pay. If you don't pay, they generally have the right to the property.
When you pay, they give you a lien waiver and extinguish their right to the property.
There's a lot of nuance/contracting, though, so read what you're signing.
>>1461637
Thanks for the response.
I am a baby business and my client actually asked for a lien waiver after he paid the final invoice which never happened to me before.
This guy was a pleasure to work with and paid on time so I guess it's kind of a super safe receipt only?
>>1461653
Yep! He's probably doing that just to keep his paperwork current and have documentation (for taxes, his bank, etc.) in the future. If he paid you in full and he gave you a lien beforehand, I see no reason not to give him a waiver and call it a day.
Tell me again why this isn't a sign of an impending downtrend?
Because I have no clue how these little shit candles work.
>>1461527
Here's what I see:
Before today, XMR showed insignificant daily lows, ludicrous daily highs and closed lower than these daily highs (while increasing in value compared to the previous day).
Now, XMR is showing insignificant highs, ludicrous lows, and is reporting loss compared to the previous day.
That, my friend, is not the sign of a happy, healthy, optimistic uptrend.
>>1461535
And what will you do to gain out of this.
>TFW russians are committing fraud to make more in a day than I make in a year wagecucking
>TFW they never even get caught
What's the point of wagecucking when people steal the money much easier that others worked for? I dont see it, I'm losing hope
>>1461507
>i want to be a poor worthless slav
>>1461509
More like a rich one
You know Russians make billions per year total with fraud right?
>>1461512
Yeh the oligarchs and mob
Might as well whine about just not having been born rich
What is the non tin foil hat result going to be of the Chinese move to have the Yuan backed by gold.
Will all fiat currencies implode overnight? How does one protect the investment in such crazy times?
America can't even destablise the country as China has stamped out every dissenting faction within the country. It seems short of an All out war, the petro dollar will be dead?
I have a chinese wife and UK business. Should be begin moving out assets to chinese banks?
>>1461464
People infatuated with the Chinese economy are going to argue that the Yuan will become the reserve currency and the U.S. is going to implode.
Anyone who has seen real Chinese business or the degree to which they lie will brush it off as an attempt to legitimize a house of cards.
The sheer fact that Chinese people are desperately trying to get cash OUT of China should tell you to not put your assets in Chinese banks.
I will have the biggest goddamn erection when China inevitably implodes.
>>1461469
>an attempt to legitimize a house of cards.
This.
China builds empties cities that no one lives in to inflate their GDP.
And eventually their workers are going to get sick of being exploited by the """""""communist""""""" government and its corporate pals.
>>1461479
Yup, I knew a Chinese guy and his wife who moved to the US for that exact reason. Communist Americans think "get rid of the evil rich class" well in China there are families of 4 that only own 2 pairs of pants. This is one of many reasons that communism is particularly evil.
Lets say, in a hypothetical situation. Bitcoin becomes worthless, you end up with NOTHING!
Lets say the Dollar becomes worthless. At least you can use it as toilet paper!
What would you rather have? Toilet paper or NOTHING?
When will you fags ever learn
>>1461439
shart in mart
>>1461444
Kek
>>1461439
But most dollars are digital.
What is the best way to save 100 USD every month?
I'm sure this scenario applies to a lot of others as well.
I'm a grad student who just got to the United States. Turns out my part time would cover for my expenses and I'd be left with 100 to 120 USD every month. Now, what would /biz say is the best way of using the leftover money? I really don't want to spend it on pointless luxuries.
What I had in mind :
A. save it up in a fixed deposit.
B. If it's too less an amount, fuck it, blow it up on booze or something.
>>1461430
$100 a month will not amount to anything.
Even if you compound it at 7% over 30 years, it would be like $10-12,000. Not really worth it.
Use it to buy Sutter Home wine and get bitches drunk for an ez poke. Much better investment.
>>1461430
Just do what most people do: Put a fixed percentage (50%?) into a savings account, have the rest for fun. You're young and deserve to have some cash on hand, but a strict savings rule will keep you responsible.
>>1461458
That kind of is my point. If I start spending money recklessly on wine and hookers, it turns into a habit that is hard to get rid of. And it's not, speaking as an adult, a habit that can sustain over the longer run. I know it won't amount to a lot of money. Sure. But I think it's a good start. I'm only 22 at the moment. And when I hopefully make better money in the future, I'm hoping these habits come in handy. What do you have to say?
Guys, why isn't there a stock that is universally known to always go up?
Think about it. If there was a stock that everyone knew would constantly go up forever, every day there would be new and new buyers trying to get in. And there would be little sellers because it would always be making gains and everyone knew it would keep going.
It's like a big money pot where everyone is constantly profiting because everyone is putting money in.
This would occur if there was only one stock on the market. So if everyone relaxed and traded one stock we could all be rich.
>>1461407
Uninstall 4chan.
Holy fuck this is dumb
You're describing a ponzi scheme, you fucking retard.
If you hypothetically had a lot of money. How would you protect it from seizure or forfeiture? Say you get sued, and the court forces you to give it up.
have you considered burying it in a small town in the middle of nowhere, like Monmouth OR?
maybe 200 clay st?
I'd buy Bitcoin. I think it's going to go up long-term anyway.
If keeping value was important, I'd bury gold coins innawoods.
buy gold and hide it like a pirate.. hiding fiat is dumb because it loses value
also buy bitcoin
Inheritancefag. How to turn money into fame?
I already have the money, but now I want to be known everywhere and be famous. How?
do something crazy like sleeping with Lebron james
Kill some niggers
2 words kid, public, masturbation.
You'll be a star!
Im currently a marine mechanic and temp launch boy (make tips driving people out to there boats) I make 12$ an hour, 242 in a personal check and the rest in cash, i make about 400-450 a week without counting tips from the temp launch boy job. Im 19, im out of highschool and didnt have an oppurtunity to go to college. I currently live in a aparment attached to my grandparents house for free, I have an amazing oppurtunity to save money but im finding it super hard, whatever money I save I end up spending it all. Is there any tips on saving money or little things I could do on the side to earn extra money? Idk if i can post this on here but I figured id give it a shot.. Thank you.
>>1461343
I have an expensive hobby (video games) and even I have no trouble saving money since I, like you, have no real expenses.
Are you going out to clubs every night or something? Try being a shut-in instead. It's a lot cheaper.
>>1461345
I basically work all day 6 days a week and either netflix&chill with my GF or vidya, Idk just somehow blow it. I think i got it from my parents because both of them were/are financial trainwrecks completely.
>>1461348
Netflix is a fixed and fairly low cost so that's not the problem.
Vidya is expensive like I said but unless you have pleb tastes and only play AAA games it's not hard at all to spend less than $100 a month on it and still have tons of new content, especially if you have so little free time. Or are you some dipshit who buys 40 Overwatch crates every week?
The past 30 days have been the least volatile of any 30-day period in more than two decades. Only five days during the most recent stretch saw the S&P 500 move by more than 0.5% in either direction, the lowest since the fall of 1995.
Getting worried yet?
>>1461336
>worried
I have been sitting on a short position on the sp500 since early july and I'm getting impatient.
Just shit the bed already daddy needs his gainz
>>1461336
>July/August
>surprised they aren't volatile
sometimes i forget how young this board is.
CERU really seperated the boys from the men on /biz/
Also shoutouts to my boy Nequaquam for spotting that
>>1461311
Lol CERU yo momma.
Question /biz/
I'm looking to take out a mortgage for a home. I currently live in CA but I want to buy out of state. Would it be acceptable to the bank if I just send my wife to live there while i stay in CA with relatives and send money there for her to live/pay bills?
pic related what i came across looking at houses
Anyone?
>>1461302
Why do you think you need to send your wife away?
Your bank might not loan for out-of-state property but they'd be able to point you in the right direction if that were the case.
If you have enough equity in your primary home that could be compelling enough.
Considering you're CA and that TX house is only $80k, it shouldn't be that hard to get a mortgage.
If it was, refinance your CA home and use the money to buy it outright
So just go to Dallas and find a bank
I'm a college student currently moving into his junior year at a state university. I'm majoring in mechanical engineering with a minor in materials science in engineering, and I have a 3.98 GPA.
My question is, is mechanical engineering really that oversaturated of a field? I've been stressed out about this for years. I intend to go on to graduate school and I'm terrified that I've made the wrong choice of major.
What do I need to know if I want to go on to earn a masters in mechanical engineering at a high-profile place like Caltech or MIT? I've been working in a professor's research lab but I'm worried I'm not doing enough.
What if I would like to earn a masters in Chemical engineering or MSE (as I've been seriously considering) instead? Do graduate schools really care about bachelors minors in those fields?
As a 3rd-year student, what should I be doing right now?
>>1461274
Applying for internships & networking 24/7.
You have a perfect GPA retard, go out there and get a job.
>>1461278
Not OP but I graduate next semester with a BS in CS and I've never done an internship. I have a part time job that pays way better than average since I got it via nepotism, but if I quit for an internship I may not have been able to get it back.
Am I fucked?
I have highly valuable insider knowledge on global sociocultutal forces in operation. Gun stocks are going to increase in value dramatically extremely soon. Buy all the gun stocks you can and the cash will flow in.
I can't go in depth into the reasoning but it has to do with subconscious self-preservation effects of the current global stage.
Please screenshot this, save it and spread it around and repost it when gun stocks rise. They will rise in tandem with an extreme influx of terrorist activity due in part to Syrian refugees coming to the United States. How do I know this? I'm a sociologist who has been paying very close attention to the patterns in the middle east and I have concluded that there will be an unprecedented spike in need to hoard guns in the very near future.
Gun stocks will spike within the NEXT TWO WEEKS so buy them while they're hot.
Why am I posting this? I don't even own any stocks. In fact I'm flat broke. This is my attempt to build a reputation so that I can make a living doing one-on-one stock advising. Once I get some money I'll start investing myself.
So mark my words, screenshot this post and wait for the bull run!
Any dipshit can see that gun stocks are going up in the next few months.
You're not going to convince me of anything with such an easy and general prediction.
>>1461268
If everybody knew then they would already be at their peak.
>>1461277
I literally read about gun stocks going up two weeks ago here. Are you just going to repeat good tips you find on /biz/?
Give us more awesome predictions if you want to convince us