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Archived threads in /biz/ - Business & Finance - 6831. page

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Aren't you sick of chasing shitcoin pump after pump? Aren't you ready to try to understand and contribute to an actual next-gen cryptocurrency that could rival Bitcoin one day?

If you want to keep chasing shitcoin turdlets, then GTFO. But if you are ready for something real, then maybe this is your wakeup call, Buddy Boy.

I'll make it real simple: Bitcoin has one critical flaw, and that is that every Bitcoin client has a public and open copy of the ledger. Every transaction you make with Bitcoin is recorded for all to see until the end of fucking time, anon. Entire companies are springing up around the idea of blockchain analysis. This obviously won't work for a world currency. This is only going to get more transparent going forward.

Coinjoin and other services aren't good enough - when the base procotol is public even using a mixing service can be deemed 'suspicious' (think of how the NSA gets interested in you for using Tor). We need a protocol-level anon coin developed using cutting edge cryptography.

Dash? It is a pyramid scheme with instamined coins by the creator. It is shitcoin tier trash.

Zerocash? It doesn't exist yet, and it has untested cryptography and many other security issues associated with it (like trusted setup).

There is exactly one coin that has the potential rival Bitcoin, and it isn't the hot steaming mess that is Turing-complete Ethereum.

It is Monero, the largest implementation of the Cryptonote protocol. For the first time in the history of our entire god damn species we can send money across the planet instantly, nearly free, without anyone's permission.... and now completely privately.

Welcome to the future. You're lucky af to be one of the first people on the planet to be hearing about this, same as Bitcoin early innovators were in 2010. If you're ready for the next generation of smart money, you are clear to board.
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>>1430613

And before anyone accuses me of talking up my book - of course I am long; I'd be a fool not to be. XMR will be a default unit of internet accouting one day, same as Bitcoin.

BTW, the GUI is right around the corner as is Ring CT and a public Stack Exchange Beta. There's only two other cryptos with SE sites: Bitcoin and Ethereum.

Don't buy Monero on a recommendation you heard online - don't just be another speculator. I mean really get on board: learn, research, and educate yourself about what makes it special. One day you'll be among the first few million people to hear about it, but as of this moment you are in the first thousands.
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>>1430669

Tfw she never dropped the towel.

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Hey /biz/, college student looking to invest. I have a part time job, and while paying for college, i would like to begin playing with small investments, nothing too pricey. Do you guys have any recommendations? Thanks
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>>1430600
OP. Fucking listen to me. Invest in an S&P Mutual Fund. It outperforms the overwhelming majority of people who "trade stocks" to try to game the system.

A mutual fund is the simplest, safest, most direct way to earn the best returns without risking money on shit you don't know how to do.

Anyone who knows anything will agree with this. Ignore at your own peril.
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>>1430600
OP, fucking listen to me. I have herpes, as well as something else that makes it burn excruciatingly when I piss.

A girlfriend is the best way to get laid without sticking your dick in some disease ridden whore.

All here would agree if they had girlfriends. Ignore at your peril.
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>>1430614
That burn in the cock is nothing more than an addition to the arsenal of cock problems my college penis is undergoing XD

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How can you profit from the aging in the population of a country?

Or, if you are spanish, how would you deal with tax increases to support dying boomers?
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>>1430374
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>>1430412
On an individual level:

Have many children, as they will grow to inherit the nation/state with little competition from the few children in their cohort.

Avail your growing family of the cash incentives and tax benefits for children.

Once you are done having children, move away until your own old age, when you may retire and live well off of the pension derived from the labor of other people's children, while your own offspring labor under the more favorable tax structure of a less lopsided economy.

On a societal level:

Pivot towards services targeting old people's money, such as delivery, in home assistance and personal assistance, and courier services.

Not only do those old people have numbers, they also have money, and your generation should try to take it from them.
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>>1430412
Invest in companys that operate or own retirement homes?

Hi /biz/
Im from a 3rd world country.
I have around $1.500.000 to inverst in real state
What gets me the best Return on Inversment (Condos,Apartments,Flats,House,Locals)?
(we dont have Condos here so i dont know)
Here i get around 7-3% of the property cost in rent every month.
but USA houses are way better than you can get here for the same cost
>inb4 there are better inverstments that real state
yeah i want something passive
(also can you give me webpages in which i can see how much is the property for Sale + How much can i rent it for?)
Also General Real State Thread
TL:DR; What gets me the best Return on Inversment (Condos,Apartments,Flats,House,Locals)?
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Real "state", that's funny.
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>>1430395
>7-3% of the property cost in rent every month
explain
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>>1430682
>inb4 my bad it was 0.7-0.4%
lets say i pay $100000 for a flat
i usually get around $400 for that as rent

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Daily reminder that life in america is going to get much much shittier.
The cuckiarchy is catastrophically overpaid, and will soon be eating untold quantities of feces.
All these secretaries and math illiterate business majors will literally be making min wage soon. Remember this thread when it happens ;)
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the world has always been shit, this is not an edgy revelation, /pol/ plz go
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try /r9k/
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B R E X I T
R
E
X
I
T

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How much more work/money does a separate business entity (Incorporation) require compared to sole proprietorship? Self-employed.
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>>1430005
Basically, you just need the initial paperwork + upkeep work.
Not really much but LLC is far superior because it's basically sole prop as a separate biz entity
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>>1430009

For taxes with a single-member LLC, I would still need to use my SSN.
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>>1430005
Not much, under $500 if you do it yourself.

Taxes are a bit more complicated though. Hire a professional for your first year to get a baseline if you're a DIY kind of person.

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Question. I have been using stock trainer regularly for the past two years and have noticed a feature that seems pretty interesting. The '1-Year Target' value. Where is this information obtained from? Is it a market prediction or a goal set by the individual company?

For example, I own 1200 shares of INTX (currently at $1.87) and the one year target is at 15.66! Is the company predicted to do that well? Or is this just an inflated value?
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pmuB
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>>1429621
In short, nothing can predict the value of a stock. Especially a penny stock. If that were true everyone would be rich. I'm sure its just an estimate based off of some proprietary formula, that can and will be wrong on some scale.
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>>1429977
I understand, but is this target set by the company? Or a third party, such as an analyst?

I am not very well-versed in penny stocks. I only have experience investing in mutual funds when it comes to the stock market.

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Share your wisdoms for starting/running a small business.
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Make sure to buy a decent pair of knee pads that will last. You don't want them to wear out too soon.

Hope this helped :^)
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>>1429460
Dont waste your time trying to appeal to cheap customers.

Dont outsource any of your problems that you can work through yourself.

Dont continue focusing on small problems if there are larger problems in the room.

Adapt, expand, overcome, and endure.

Focus on producing both quality and quantity. It doesnt matter how great the kneepads you sell are, if only 10 sex slaves get to enjoy them.
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>>1429460
get a SBA loan for starting capital

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>guy from high school messages me a year ago
>tries to recruit me for some MLM shit that makes you lose all fat and be smarter and do gooder
>tell him no, I've been tying my extra cash up in stocks and bonds with modest returns
>"Stocks are a waste of money! You always lose! It's a gamble and with this you can be your own boss and make tons of money!"
>mfw he and his wife live with his parents and he doesn't have a car anymore

How do people fall for MLM shit so easily? Don't get me wrong, I'm just a wagecuck that makes money on the side in addition to my 401k but I'm not making some shady guy in a shitty "office" with some used posters and a stolen desk rich.
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>>1429278
>How do people fall for MLM shit so easily?
It's easily accessible.
That's why casinos take in more suckers than the market.
Robin Hood is helping turn the tide.
>>
the problem is that the risks with things like stocks are transparent; you clearly stake the money and you know how you lose money. The MLM scheme works on people because they see infinite potential in society when, in fact, there's almost none.

What boggles my mind is how far these people are willing to go to maintain their "business" when they start to fall. It makes me wonder why they don't just go into business for themselves with an original idea, putting in the same amount of networking effort. If they did, they may actually make enough money to make the whole ordeal worth it. Its like some people only believe you can go into business for yourself if someone comes along and gives you explicit permission.
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Many of these pieces of shit pushing MLM know its a scam and still do it becaise they think other people will be easy to scam.

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Is there still money in this? Will it bottom out some day?
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>>1429025
Yes.
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>>1429025
yes, there is still money to be made. But it's harder to get without cheating the system or having great tits. Gotta find a niche, have high production value, short hyper edited videos, topical themes, and daily uploads.
Achieve that and keep doing it for a few months and you will make money.
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>>1429025
Youtube is to television, what television is to radio. The older medium of information will never go anywhere, but something new will always replace it in a novel way. These things just kinda get layered on top of each other so to speak. So pretty much this >>1429047. First post is always best post.

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Time to hop on the next ETC train. Potential repeat of the last pattern hitting 0.007+

Fundamentals looking good. Hash support for the network is good. Devs are competent and will try to actually make this work:

https://www.youtube.com/watch?v=OGGW9ozE-ys

Charles Hoskinson is way better than Vitalik. Im getting good vibes and ETC is there to stay.
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Vitalik used to be my messiah until Charles came along
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#fuckethereum

#etc

we are the future
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Bought 20, see where this takes us.

Think it could jump to $5 anon?

AMA; Hospital Finance Director

Education: Accounting Bach, MBA, CPA & CFP
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can you tell why kids like Cinnamon Toast Crunch?
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>>1438209
Do you lurk here?

Do you get dat green?

How long were you in school?

How much did you pay for school?

What does your job entail?

Do you like your job?

Married? Girlfriend? Flying solo?

Future plans?

Age?
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Do you lurk here?
Yes

Do you get dat green?
250+/yr

How long were you in school?
5 years;
4 Bach
1 MBA


How much did you pay for school?
Scholarship Bach
40k MBA (worth every penny)


What does your job entail?

Investing, Capital Management, Profit and Loss analysis.

Do you like your job?
Love it.

Married? Girlfriend? Flying solo?
Married 3 kids. Hot ass wife haha.

Future plans?

Retire at 40 and invest for fun.

Age?
31

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How fuck do I become a builder?

Today I learnt that builders make sillymoney, I want sillymoney. Stonemasonry in particular. Thanks in advance.
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Seek an apprenticeship.
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>>1436184
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It's no easy work highly doubt you have the work ethic to do that

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My mother has around $100,000 that she wants to grow left from a deceased family member, and she was just planning on having the bank grow it for her. We went to meet with her adviser. Apparently her adviser's plan is to put it in a conservative growth plan right now. She has enough money to live for the rest of her life, so this is for me more than her.

Should I instead wait for the market to decline, and drop it in a vanguard index fund?

I don't think the adviser really cares how the market's state is, and whether or not it is a good time to invest.
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>>1431160


never try to time the market.


Also investing in one lump sum has proven to be a better tactic than drip feeding
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>>1431172
>Also investing in one lump sum has proven to be a better tactic than drip feeding

*citation needed
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>>1431160
time in market > timing the market.

put it in the fund and let it sit till your 60 anon. a lot of people dont want to wait till their 60 but dont realize they still have another 20-30 years to go after that.

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Ideas of how to make money on the side?
Small business, that isnt your main sort of income kind of thing

My girlfriends dad buys, breeds and sells birds, he makes decent money from it. Because its considered a hobby, he pays no tax.

What are some other examples like this?
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>>1435733
>Because its considered a hobby, he pays no tax.

What mythical country this be?
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>>1435745
Australia
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>>1435748
Interesting... Anyway, I run some small stuff on the side, its easy to find work as a programmer over weekends. Generally if you're good at what you do word of mouth often works wonders. Also have a few mobile apps that bring in $1000 a month passively which supplements my income.

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