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Archived threads in /biz/ - Business & Finance - 6803. page

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How does one succeed in real estate
17 posts and 2 images submitted.
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>>1442486
By not asking retards stuff that is easily explained by professionals elsewhere.
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by choosing the right properties

t. $2m net worth in hard to sell properties

>>1442499
>professionals
dead since the existence of the internet and consumers being less stupid nowadays
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>>1442508
>Consumers are being less stupid nowadays

I have 100 bucks wat do
jk i actually have 10000 bucks and dont know wat do
please help
13 posts and 2 images submitted.
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>>1442480
Is that shopped why is her waist so tiny
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>>1442483
She's turned sideways it creates an illusion your waist is smaller
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>>1442480
buy 30 year government bonds.

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Anyone else have some stake in Lockheed Martin (LMT) and having a hard time deciding whether or not to tender your LMT shares to LDOS shares with that premium? The tender offer expires on Aug 16th, so I am nearly out of time to make my decision.

As of Friday's close LMT is at 264.15, LDOS is at 49.91. Also, prior to the conversion, LDOS holders get a $13.67 special dividend per share.
The news on the release says "Lockheed Martin Sets Final Exchange Ratio of 8.2136 for Exchange Offer". They're estimating a 7% premium on the shift provided LDOS doesn't drop between now and the 16th, and LMT doesn't rise too much.

I'm still trying to figure out what's going to happen to LMT shares after the conversion (up/down/neutral), and the same for LDOS. Because it seems to me like people are going to take their 7% premium, sell as soon as the markets open, and just move their money back to LMT taking their quick profit with them. Wouldn't that create a ton of selling pressure on LDOS causing a negative spike?

I'm relatively new to trading so I haven't encountered this type of thing before.
8 posts and 2 images submitted.
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i will bump this thread
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bumping as well. I'm interested to see how the markets going to react to this one.
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I see 4 options for me as it is.
1)Do nothing, let my LMT sit as they are since they're one of my long-term holds w/ dividends
2) Take the offer, convert to LDOS, liquidate immediately to secure my % and go back into LMT,
3) Standby, if LDOS has a crazy drop after all the selling pressure from the offer takes place, buy in, let it return to normal, cash out and take my % that way
4) The worrier's way: Sell my LMT now, and wait until any drastic changes shake out and then rebuy my LMT.

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Okay biz, oil futures are looking good.
7th straight week in production increase.
Saudis talking about stabilizing prices.

Friday biz, I told our chief purchasing director to look at $ORIG stock. Everyone was called into the meeting room and we discussed this investment.

Ultimately I was put on the spot and the fund decided to acquire a large (huge) stake in $ORIG end of day "last 30 trading minutes."

Basically 10% of our fund value.
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Your mommy might cut your tendy supply off
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>>1442427
Duck off troll, Quants at work here.
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>>1442432
>quants

Kek

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I have $200 bucks, wat do
18 posts and 2 images submitted.
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>>1442405
Buy a hooker.
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Get your dick sucked by 200 people for $1 each, or 20 people for $10 each.
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Give it to me because I know what to do with it

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If I get a 2.5 GPA for a BS in Comp Sci, will places still want to hire me starting at $60K a year?
8 posts and 1 images submitted.
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>>1442328
Only if you have tons of experience. I got a 3.3 GPA BS in CS and I started at 55K + benefits. At least my hours weren't bad at 40/week.
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>>1442337

From what I've seen, if I sell my soul to the government I can start at 60K, not doing it though. I knew someone who did really well in security though.

How hard did you try for that 3.3? I'm busting my ass, and have a 2.9. (I took my gen ed. classes at other colleges though, so it isn't part of my GPA.)
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>>1442328
You better get yourself some projects on github showing off your sick skills son

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Warnings: Winners Only

This thread is dedicated to winning forex strategies. Do you have a winning forex strategy you want to share? Please, let us know!

>15EMA, 30SMA, 15RSI (unsmoothed)
>20EMA, 60SMA, 20RSI (unsmoothed)
>10 - 1 R:R
>50 - 1 Margin (US)
>Eur/Usd, Usd/Jpy, Eur/Jpy, Aud/Usd

These are just a few winning strategies I employ every day. Once you hone in on the nuances of these indicators, you too will start making easy income with currency-pair trading!

Sometimes, though, it is sad to see this board. There are too many loser threads. I feel it is my duty to clean this board up and produce winning threads.
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>>1442323
>I feel it is my duty to clean this board up and produce winning threads
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>winning forex strategies.
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Hey man, you wan't to man my forex channel on my trading team?

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I'm a 23 year old, I get the opportunity to start putting in money in a 401k for the first time in my life. However I'm addicted to Peter Schiff videos and am constantly being lead to believe the market is about to crash any minute. Now my employer doesn't match but as most of you know the 401k lowers my taxable income. So my question is how should I allocate the investment? I have the option to choose a bunch of retirement target funds, a vanguard index, international, midcap, and bond fund. Some other bond and international funds and a Stable value fund. Would a Stable Value fund be safe from a major market downturn or would it cause me to lose the money I invest into it? Also any other suggestions would be appreciated. Thanks
15 posts and 3 images submitted.
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>>1442306
Just build a normal long term investment portfolio with 10-20% in gold miners.
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>>1442316
Think OP wants to know what that involves senpai. I'd do 80% global weighted tracker fund and 10% gold funds 10% govt bonds
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>>1442316
Unfortunately it doesn't seem like any of the fund choices have anything to do with gold or gold mining.

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>started a business
>10 customers first week
d..did I do good?
8 posts and 1 images submitted.
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>>1442137
>no details whatsoever

how the fuck should I know?
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>>1442137
if it was a yacht dealership, then yes.
lemonade stand? meh.
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Are you cash-flow positive now?

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Is it possible to get people to pay me to be their friend without being a prostitute? Like the patricians used to throw money at the plebs. I want in on that business. Somewhere out there there there are NEETs that would pay me money to be my friend so they can feel like upper class members of society...
9 posts and 2 images submitted.
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>>1442129
most people that can afford that kind of service already have a long line of "friends" hanging around to get whatever money they can.
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there used to be a facebook service that provided you friends and likes if you pay them money
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>>1442129
long story short, no.
And that is one of the hardest lessons in life.

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Failed out of med school. $10k in the bank, 380k federal student loans (with simple interest added each year at 6% and can be momentarily alleviated by income-based repayment plans while I make alot of money). What do??
65 posts and 5 images submitted.
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>>1442113
>While I make alot of money

So, do you make alot of money or will you be forced to declare bankruptcy?
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Knee pads

You can either suck 380k dicks for $1 each,
or 380 million dicks for 1/10 of a cent each.

I'd went with the second one

You can even hire professional dick suckers and create a dick sucking business. I've already started a dick sucking hedgefund. I pimp 5 million people and take 90% of their profits in exchange for 72 virgins in their afterlife.
Best decision my entire life.
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haven't paid taxes in 3 years, all my money was made through paypal, made over 120k in this time

I simply couldn't be bothered to fill out the forms.

how fucked am I?
42 posts and 5 images submitted.
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>>1442107
Go talk to the IRS before they come to you. Explain your situation and take the tax pain or jailtime up front. If they audit you, you are fucked, so you might as well go to them to save face. And if you wait too long, or try to put the money into a credit card, they'll call an audit and you are fucked.
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>>1442107
not much.

does paypal even 1099 you?

anyways, if you give the IRS a call and talk about it you'll probably be fine. You're going to owe them money with interest and penalties piled on but they'll probably let you set up a payment plan.

or they'll toss you in federal pound me in the ass prison. Be polite.

regarding how much you'll owe, it depends if you have any expenses to write off, but I'd expect something like 40k just on regular income tax+self-employment tax.
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>>1442107
contrary to popular belief, the IRS is actually pretty reasonable. I owed back taxes a couple years ago, and they worked with me throughout the whole process. I even negotiated and wound up paying about 1/3 of what they had first told me to pay.

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Are cover letters a meme? Why would people waste time reading that shit when it's just your resume in paragraph form. Looking back I've never got a job from "tailoring" my application, typically companies only ever got back to me when I applied soon after the job was posted, by the time you write a customized cover letter the job ad already has 1000+ responses, and typically they autotrash everything after the first 100.
12 posts and 1 images submitted.
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>>1442065
No? A lot of it depends on the type of job you want but cover letters are very valuable to you and give you a chance, beyond the things you've done in your resume, to stand out from the crowd. No, a cover letter is not your resume in paragraph format. It is to introduce your professional self and explain why and how you will be valuable to the company. That is the only purpose. Cover letters are for saying things like you're "goal-oriented", highly-motivated, people look up to you for leadership, etc.

Just go through the job listing, see what they are asking for, and show them you have what they want. If the job posting says they are looking for someone "outgoing", don't say that you are "very sociable", say "I am outgoing". Use the EXACT words from the job posting to show that you are EXACTLY what they want. It will also help get your resumes through the word-filters. And don't say how much you would love to have their benefits, focus on how YOU can bring value to THEM.

A cover letter should be more similar to the job posting than to your resume.
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>>1442065
>it's just your resume in paragraph form
No
>Looking back I've never got a job from "tailoring" my application
I have
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>>1442065
I'm a network engineer. I usually don't need a cover letter but I do if they ask. I probably should in the future. Shit actually matters if you don't work fast food. Write a single good resume and cv and then just move shit around so that it restates the application. You'll be the perfect applicant quite easily

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Have you ever walked right out of a job?
>in uni
>flip patties on the side
>last few weeks of summer
>next year will be difficult, and I need to look for real jobs too
>when I try to quit, boss offers to let me just work a few hours a week
>accept
>do it for a week, then he dumps 2 other people's shifts on me, effectively doubling the deal
School starts monday after next. If I find he's trying to dump shifts on me I think i'll throw the uniform over the counter and walk out.
I've worked here for 2 years. I'm so excited about the thought of doing it.
Should I go ahead?
17 posts and 2 images submitted.
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>>1442053
Really business oriented there Ronald
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>>1442053
Yes. Was sandbagged with a partner review, singled out for performance, told 90 days or gone.

Said "fuck you"...got up walked out.

Started my own competing business that day. Took clients with me. Built big business. 4 years later the partners who threw me out got thrown out.

To punish them, I called my prior firm and offered to BUY THEM OUT.

Felt good.
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>>1442053

Yes.

At 25 I was down on my luck and needed work. I'd take anything. I got a job at $15/hr working for a cleaning company. They cleaned homes but also did other stuff like polish counter tops and floors, etc. It was like an extreme cleaning for the home. I meet the owner at a coffee shop for the interview. He's extremely chipper, one of those "everything is so great" salesmen. He tells me about the job, doesn't sound too bad physically. Then tells me the hours vary, but are usually 9am - 2/3pm. This sounds great to me because I have side hustles where I do other stuff.

Well first day on the job I worked from 9am - 6:30pm and the homeowner we were working for was a complete bitch. Then job after job would go to 6 and even 7pm. The boss totally lied to me. So about 2 months in I was on one job where me and the crew were still working at 7pm. I said fuck this, got in my car in left. I texted the boss I quit.

Started my own company 1 week later. I have stolen some of his clients. Get fucked Steve.

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Investors are fleeing to gold in a desperate attempt to weather the recent market volatility… but is this long time “safe-haven” actually poised to collapse wiping out trillions of dollars of wealth in the process? One highly respected Harvard economist is stating an emphatic “yes!”.

“While many economists will argue that gold is not in a bubble… and insist it will soar to $2,000, $5,000, etc, my research has said otherwise” says Harvard economist Harry Dent in his latest report. “I’ve never been more certain of anything in over 30 years of economic forecasting.” Market volatility, worries over the Europe Central Bank, negative interest rates, and China are among a laundry list of events that are driving panicked masses to buy the yellow metal. But this is only inflating the gold bubble that is poised to pop at any moment, he says.

Dent, who pioneered a whole new science of economic forecasting in the early 1980’s has been able to accurately predict almost every major economic event over the past 30 years. —including the collapse of Japan, The Great Tech Boom of the 1990’s, and the 2008 market crash. Now his latest prediction his proving controversial among financial circles across the country. Traditionally investors flock to gold as a way to hedge against inflation. But according to Dent’s research, we’re about to see the exact opposite happen.

Dent warns that we are about to experience an economic crisis far worse than 2008 — the full-blown collapse of the stock market and massive deflation. And that investors who attempt to hide their money in the “safe haven” of gold, could damage their wealth to an even greater degree. his scenario was practically preordained — as far back as the mid-1990s when the bubble in stocks began and real estate followed and Baby Boomers were heading for their peak spending years into 2007.

http://economyandmarkets.com/exclusives/harvard-economist-warns-700-gold-by-mid-2017/?z=473164
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TLDR
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>>1442041
What's his solution? Bitcoin? Shorting the market? Going long on yen or yuan?
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>>1442068
tldr - boomers are dying out and when they croak the price of gold will drop

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