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Archived threads in /biz/ - Business & Finance - 6832. page

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$TGD to the moon edition

Previous Thread: >>1437364 (Cross-thread)

Unofficial /biz/ chat
https://discord.gg/014fDbZ8P7TPWMIEr

Stickerbitch's diary of disaster and memescalendar:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

--FAQs for Robinhood--
Visit the website first - www.robinhood.com
If you're not into robinhood - http://www.stockbrokers.com/offers
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.
> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
You have found the right image board ;)
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using stockcharts.com, finviz, Yahoo/Google finance, or even Stocktwits for your graphing in addition to Robinhood.
>How do I git gud?
http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
[YouTube] Introduction to Investing and Finance - Lesson 1 by Martin Shkreli (embed)

> If I have Robinhood do I need to worry about 'Free riding' violations?
No, its not applicable for limited margin accounts (instant), and if you don't have instant, RH won't let you buy with unsettled funds
> Can I use Robinhood on my PC?
Yes, download an android emulator. Setup is extremely easy. http://www.memuplay.com/
508 posts and 131 images submitted.
>>
TGD my homies
>>
What are tomorrow's TGD gains looking like, lads?
>>
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T
G
D

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Well capitalists? I'm waiting for an answer.
157 posts and 8 images submitted.
>>
>>1431593
Because of inflation
>>
>>1431593
It'd have more to do with the Fed, but people get killed trying to dismantle it.
>>
>>1431593
You're right. Let's make minimum wage $56 per hour. The more the merrier. Prices are going to rise anyway.

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Don't forget to WERK WERK WERK WERK citizen! We'll be broadcasting that message in supermarkets, on the radio, at sporting events, and in adverts!
90 posts and 18 images submitted.
>>
>>1435730
He earned it by making the right choices. Deciding to be born as Duke of Westminister was smart.
>>
This is just motivation to create my own family fortune.
>>
>>1435730

Lmao nigga still ugly af money won't change that

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/TCG/ WE'VE BEEN HERE ALL SUMMER EDITION!

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Spread the word and MCGA!
314 posts and 51 images submitted.
>>
Make Crypto Great Again!
>>
try /r9k/
>>
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>>1434315
You were too quick lad!

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Why did Capitalism go wrong after 1970?
100 posts and 10 images submitted.
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>>1433279
The current income is "good enough" for the common person so business has the upper hand in bargaining wages. Technological advances increase productivity exponentially when compared to income, so people don't even know they are getting cucked hard. Businesses have become better at keeping profits to themselves. Less people employed mean people can't afford stuff so there is increased competition to undercut, making the increase in productivity negligible. Money is being tied up in housing and shares. Richer are recycling the trickle down effect. etc. may be all or one of these, nobody can really put a finger on it.
>>
>>1433279
Prove it went wrong?

my families' networth has been steadily growing
>>
>>1433302
Most of what you said makes sense, but I would also argue that most of it can be traced back to automation of jobs.

As for the "good enough incomes" argument: it is certainly an explanation for the social apathy about macroeconomics, since they still have enough to feed and house themselves.

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ITT: Trump's tax plan.

So I ran the numbers today after seeing Trump's tax plan. It looks like someone making around $50k a year will pay about 1.8% less federal income tax a year. Any tax cut is a good thing, but how is this significant to the average tax payer?

Very high earners get the best deal, a 6.6% cut from the current rate for income over ~$410k. You don't need to calculate the entire federal income tax cut for someone making $500k to see that they're getting a significantly higher tax cut as a percentage than the average middle income employee making $50k. Even individuals making $100k-$300k a year aren't getting much of a break.

Income tax cuts are ultimately a good thing and his plan is surely better than Hillary's, but it does nothing to decrease the income tax burden on the average American.

What're your thoughts?
60 posts and 9 images submitted.
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>>1432326
the idea is that if you cut the rate but reduce the exemptions more commerce will happen. our entire economy is unfortunately based on consumerism(NOT capitalism) so it should help, but i doubt it will drop the deficit. not that it really matters
>>
Funny how conservatives always bitch about DEBT when it comes to improving government programs, but when it comes to tax cuts deficits don't matter.

Give me a fucking break. You jerk off over income tax rates but have ZERO EVIDENCE that tax cuts make an economy better. We have had decades of tax cuts and look where we are today. A fucking limp boner low-energy economy. Obviously tax rates are just not low enough, we need to double down like we have been since the 1980s.

How can you even defend increasing the rates for people who earn less than $10k, while decreasing rates for people who earn more than $415k? Lets take away more money from the poor so we can hand it right back to them. This plan is a gigantic fucking disaster and frankly you are a fucking moron.

News flash: Income tax cuts have never EVER generated a government fiscal surplus. Which means they don't work. Case closed.
>>
>>1432326
Why shouldn't someone making more money get a larger tax break? They are paying a significant amount more both as a total amount and as a percentage after all.

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$VRX fail 2.0 edition?
http://www.strawpoll.me/10966554

Previous Thread: >>1434957

Unofficial /biz/ chat
https://discord.gg/014fDbZ8P7TPWMIEr

Stickerbitch's diary of disaster and memescalendar:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

--FAQs for Robinhood--
Visit the website first - www.robinhood.com
If you're not into robinhood - http://www.stockbrokers.com/offers
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.
> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
You have found the right image board ;)
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using stockcharts.com, finviz, Yahoo/Google finance, or even Stocktwits for your graphing in addition to Robinhood.
>How do I git gud?
http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
https://www.youtube.com/watch?v=ARrNYyJEnFI

> If I have Robinhood do I need to worry about 'Free riding' violations?
No, its not applicable for limited margin accounts (instant), and if you don't have instant, RH won't let you buy with unsettled funds
> Can I use Robinhood on my PC?
Yes, download an android emulator. Setup is extremely easy. http://www.memuplay.com/
390 posts and 91 images submitted.
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NVDA earnings hype.

>inb4 7-10% gainz
>>
>tfw you dont have Robinhood in your country
>>
>>1437382
take a look at DeGiro!
Also, what do you guys think about $AMRS? Thinking of getting a small position and see what's gonna happen.

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Well /biz/ I have pretty much accepted that I will never be successful in life, no matter how many times I uninstall Steam I always keep coming back and even if I managed to quit I would just get addicted to something else like I have been doing for the past 4 years then come right back to Steam.

What jobs should I be on the lookout for with pretty much a bare minimum HS education? Will I have to finish school later on to make sure I don't end up homeless?
How fucked am I?
78 posts and 5 images submitted.
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>>1430460
What is Steam?
>>
>>1430470
It's pretty much synonymous with Video games.
>>
>>1430472
This tells me nothing.

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Guys who earn a decent amount here, let's 100k+ yearly.. Has it helped you with women at all? Approaching and getting approached, finding a girlfriend and so on ..
113 posts and 17 images submitted.
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>>1427205
nope im still a big fuckin loser
>>
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>>1427206
same
although I just crossed the six-figure threshold last month, so m-maybe th-things will improve
>>
>>1427209
congrats bro

it doesnt

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What is the value of American citizenship? How valuable is American citizenship in comparison to other countries?
54 posts and 4 images submitted.
>>
300% more valuable because it is the best place on earth. Countries that are not USA are third world
>>
>>1435632
Fixed costs are higher but variable costs are lower. I.e college will fuck you but taxes won't (as much)
>>
Considered how hard it is to get it and how it differs from another countries

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I've posted this on a few other boards, but surprisingly never tried it on /biz/

Ask the GM of a Walmart in the American south anything you'd like
54 posts and 4 images submitted.
>>
How much do you make
>>
>>1433154
Nah
>>
Is WMT still trying to expand? What is your long-term plan?

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I'm going to make Elon Musk my bitch.

I know what he wants to do, I know he wants to help. But there are bunch of glaring problems I see and I can easily be way better than that cunt. For one, he doesn't make money. That is an economic disaster. He doesn't make money. You know who makes money? Warren Buffet. He purchases assets that produce more money. His company is sitting on 55 billion dollars of cash which will be reinvested. Solar City and Telsa are both $4 Billion in the hole, together $8 Billion in debt. Economically this transaction is referred to as a "favor". The favor is not stable, the only stable economical transaction is the "deal". Warren Buffet thinks 50 years in the future and Elon just wants to see his toys go.

Elon says he wants to reduce global warming by reducing our carbon emissions. The fatal flaw in this plan? Elon Musk can't see outside his own bubble. For example: the dude is a meat eater. If he put his money where his mouth is and applied his "first principles physics" to the world, he would see that more global-warming gases are produced by livestock than the ENTIRE transportation sector including all cars, trucks, ships & airplanes. Why is he not a vegetarian? Why is he not starting a company that would really combat the problem? Not to mention that his cars run on electricity, and 70% of the world's electricity is generated by fossil fuels. So after even after a 4 Billion dollar debt the company has still not reduced carbon emissions. Pathetic. And before you say SolarCity fixes that problem, I just might smack you in the mouth because SolarCity is the most unecomical idea I can fathom. SolarCity is incredibly misguided and if you need me to explain to you how bankrupt they will be if they carry out their plan I will.
57 posts and 6 images submitted.
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Worst part is that Elon thinks he's the shit, that he's this brilliant business leader making a bunch of money, buys $17M house, He thinks he's great with money and economics but he is SHIT man. I will beat him. Me and Elon Musk are mortal enemies. I want history to remember me more than him. I want to actually SOLVE our climate and energy problem, not just do a dance and pat ourselves on the back.


Step 0:
I have an Amazon business right now, but it's a takes-money-to-make-money situation, I make good profit margins but the cashflow is upfront negative.

Step 1:
I will program and found a website that makes a significant amount of money, and that is cashflow upfront positive. I plan on this website being very popular and more influential than any of Elon Musk's shitty websites. I will use the cash from this business to buy products to sell for my Amazon business.

Step 2:
I will sell one or both of my businesses. Elon Musk made 28 million when he sold zip2, so I want to make $30 million. But I wouldn't go out and buy a Mclaren like an idiot.

Step 3:
From there I will use the $30M to buy a Nuclear Power company and start a vegan bank. Vegans and vegetarians will sign up for my bank to help the world. I will use their deposited money to expand my nuclear power company and secure humanity's future energy needs.

Step 4:
Expand the bank and power company to hydroelectric. Invest in better, safer nuclear technology. Successfully get the world off of hydrocarbons and go down in history as the one that did the real work. Thoughts?
>>
Going to suck off some politicians to get those sweet government subsidies and tax breaks? No? Good luck.
>>
>>1430130
seek for help or try r9k

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Is trading a zero-sum game?

I understand it's up to the trader to take a loss and not the game itself, but in no scenario can there be a win/win transaction. So no wealth is created. How is this not zero-sum?

I'm not asking this because I'm salty about it, just curious.
112 posts and 10 images submitted.
>>
>>1428724
>I have $2
>you have a sandwich
>I would rather eat the sandwich you made than have my $2; so I will be stronger, happier, will be able to work better
>You would rather have my $2 than your sandwich; you'll be richer and will have obtained profit, and now you can spend $2 in something else that you want
>>
>>1428735
A product or service has been exchanged in your example and both parties are better off because of it, win/win.

Not to say there aren't bad deals in the market, sometimes your sandwich taste like shit.
>>
>>1428724

I don't think you understand the definition of zero sum

I don't see any difference between short selling and gambling .

They're both fucking retarded .
How am i wrong?

Also . Why the hell would banks do this, Their besmirching their own product, and brand name, potentially FOREVER by letting their AAA bonds fail like that.

How do you honestly trust the banks and american market after this?

It's gotta be the dumbest shit EVER .

Still wouldn't short em , when I can get the same effect by buying after the collapse, but actually have tangible assets, and not worry about the failure of the bank, in event of any irregularity in the market.
67 posts and 7 images submitted.
>>
Bullshit you can short something to hedge your portfolio so shut the fuck up and read a book
>>
>>1435337
And you think buying a """"dip"""" is any less risky? Shorting is betting against idiots who generally lose money, rather than competing with people to get in on a quick rise. As TVIX approaches infinity, their share value approaches 0. So shorting is always the better idea in that case. When it goes down, it goes down hard. When i goes up, it goes up sharp but usually corrects itself or goes down shortly after. I would rather go short than go long.
>>
>>1435349
naw, i'd rather hear you try to explain to me how that would ever be beneficial.

You either think the stock you bought is gonna go UP or DOWN

which is it ??

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GEVO cucks on suicide watch edition

Previous Thread: >>1433056


Unofficial /biz/ chat
https://discord.gg/014fDbZ8P7TPWMIEr

Stickerbitch's diary of disaster and memescalendar:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

--FAQs for Robinhood--
Visit the website first - www.robinhood.com
If you're not into robinhood - http://www.stockbrokers.com/offers
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.
> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
You have found the right image board ;)
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using stockcharts.com, finviz, Yahoo/Google finance, or even Stocktwits for your graphing in addition to Robinhood.
>How do I git gud?
http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
https://www.youtube.com/watch?v=ARrNYyJEnFI&list=PLn06oHZFYqi0RGQ2gsiuFF8IcV7uxNN5k

> If I have Robinhood do I need to worry about 'Free riding' violations?
No, its not applicable for limited margin accounts (instant), and if you don't have instant, RH won't let you buy with unsettled funds
> Can I use Robinhood on my PC?
Yes, download an android emulator. Setup is extremely easy. http://www.memuplay.com/
339 posts and 77 images submitted.
>>
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>alcohol to fuel a jet
b..but how can this be profitable?
>>
>>1434957
Look at GEVO, buy the dip!
>>
Serious question, how many people here beat the market? Is it absolutely necessary to delve into all of the reports? Would you agree that most normies should stay away from the stock market/day trading and stick to index funds? And lastly, does robinhood make all the difference in profitable day trading for the little guy? Thank you for your time.

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