basic question
In my country banks give 0% interest for normal saving accounts, the ones where you can deposit or withdraw at any time. (they may even charge you for the "trouble" of having your money)
This holds true even if you have 100 thousand dollars deposited.
Is it the same in the US? Fucking 0% interest rates? Is it sane or are they just screwing us?
>>1417161
I haven't ran across any 0% savings accounts, but most of them are in the neighborhood of .9%-2%. Most barely beat inflation, though.
>>1417165
That would be "paradise" for me.
So they *are* screwing us here.
>>>>1417165
Where do you get 2% for FDIC insured savings? I thought the best you could do would be 1% at a place like barclays or cap 1 360.
JUST FUCK MY PORTFOLIO UP
I'VE LOST $45K IN THE LAST 2 MONTHS YOU ASSHOLES
REFORM OPEC
BRING BACK $70 A BARREL
Should've swing trade into DWTI numbnuts
>>1417092
everyone has been saying oil is a mess. fuck you mean?
>>1417092
Are you seriously a fucking oil trader and you didn't notice that China's national reserves had hit their absolute maximum despite the numerous full tankers en route?
Have you not even noticed the tank farms in the middle east shoring?
Have you seriously read all these stupid as fuck papers from Schlumberger and Halliburton about how the worst is finally behind us and actually believed that their fucking financial analysts are actually worth a shit?
Fuck man. I wish I had 50 grand to dump I would've shorted oil last week and made a reap.
You should hire me to protect you from yourself you're obviously in the wrong line of work.
How much money should I have saved up coming out of college? I have a job as a high school math teacher lined up (yes I know) that will pay 41 k
$4.8 million. No more, no less.
>>1417077
As much as possible.
Also, good luck with being a math teacher, lmao.
Luckily, I had a thriving family business coming out of college, but If I were in your position, I would start a business on the side and put in no more than 40 hours a week (during school year) into the math teacher thing.
Maybe you can spend passing periods & worksheet time listening to business podcasts.
Idk OP. I'm going into my senior year and have about $5000 saved up. I know this is more than what most students have, but I feel I could do better.
https://www.youtube.com/watch?v=dO-GsQo7M3w
If Soros was young he would bet on Bitcoin.
>>1417070
cope
>>1417203
Im up 30 BTC in the ETC pump and it has only begun, how does it feel being a poor nocoiner? :^)
>>1417268
This. ETC was where it was at. Bitcoin is stagnating again. No money to be made there.
Okay biz how do I make money from war?
>tired of being a wage cuck
>tired of being in school
I want my own business.
Shameless bump
If the war is over, buy stocks from cement manufacturers. HeidelbergCement, for example.
be a woman
marry some sucker who's stationed overseas
profit
Hi /biz/. i have an idea for a web and app online service company, and i got no computer skills
My friend and I have a combine saving of $25k....
Should we partner with a developer or hire a company to create the web and app?
Thank you for your advice
>>1416997
Seek funding from external sources, but be very cautious. Keep your money for the "extras" that you may need to set it up.
>>1416997
Do you have a small loan of a million dollars?
>>1416997
hey, I'm young but still wanna get in on this.. I'd be willing to help if you need anyone!
contact me: [email protected]
Hey guys, I've created a group on Telegram for us to chat in real time.
We can use it for general financial advice, discuss hot new investment, coordinate strategy on Trumpcoin and have either productive discussions or general fun.
1. Download Telegram to iOS/Android
2. Click on the invite link: https://telegram.me/joinchat/BciKiwMMgFkgQHCqhCvm1g
3. Join the team
Unlike Whatsapp, people can't see your number. See you on board!
>Talking with you spergs
no thanks
>>1416989
Is anyone in here? I'd honestly join if people were in
>>1417071
There's a few of us already, growing in numbers. Come join us and we'll make chatting great again
"The time to buy is when there's blood in the streets" - Some guy with more money than me
With all the shit going on in Flint Michigan is it not a good time to swoop in and buy some property.
I'd assume that the local government are eventually going to sort out their problems.
>>1416965
>I'd assume that the local government are eventually going to sort out their problems.
Yeah, uh, about that
Good luck
Why not buy property in Detroit?
>buy several cheap houses in Michigan
>rent big helicopter
>air drop the houses into LA and NYC
>rake in millions buying low and selling high
Easy money
>>1416965
I agree, but the safer play is to buy in a growing area.
Just look at Texas or Georgia for example. There are suburban counties that are growing like crazy. Just buy a home there and you are basically gauranteed a return over a 5 - 10 year period.
Fellow /biz/nessman.
What do you think about "no fap"?
Even though masturbation is a great way to relieve stress, it feels like abstaining for a week or two has great benefits. I feel like i get more work done and i'm less tired.
>>1416935
>What do you think about "no fap"?
Retarded. Created by Christian fundamentalists
Read this: https://chaosandpain.blogspot.ca/2013/07/no-fap-more-like-no-fucking-way.html
NOFAP BTFO
>>1416935
I think it should go back to /r9k/
This is /biz/ related cuz when im tradeing i fap to deal with the high numbers and stress.
Kinda like that broker guy from WOWS
Anyone here have experience in pretending to be religious for economic gain?
I think non-profits that use religion as their excuse are pretty genius and I want a cut
>>1416893
Well, those who started religious sects are very rich and prestigious.
Just look at all the founders' houses and where the money goes.
>>1416915
Wow great insight (it wasn't)
>>1416893
Become a scientilogist. Their entire religion is based on the rich and famous giving them money.
>boss pays me minimum wage
>mfw he expects more than minimum effort
Want me to actually work hard? Pay me more.
>>1416795
Or just fire you and hire someone that's worth keeping around
>>1416804
only if you add .05 more to my paycheck
The sad part is youve proven to your boss that you're unreliable, lazy and a shit worker. The reality is if he upped your pay you would return to your normal habits. Stay poor faggot. Get your attitude right
How do I know when to buy the dip?
>>1416767
http://www.businessinsider.com/thirteen-housing-markets-that-will-never-recover-2010-5
>>1416787
so, you're saying, when news like this gets posted, it's definitely time to invest?
>>1416767
don't expect to buy THE dip.
Nobody is smart enough to buy in the right moment.
Just buy a bit when shit's crashing. Buy some more next time it's crashing.
After 10 years you will have a decent return.
Life advice ?
I am finishing my master studies in IBM and a bit confused about my future.
I was always fascinated by cooking, I love to do it for myself and even more for others, it fills me with joy, with passion. My parents don't really share this POV, they worked hard to be upper class and were a bit disappointed when I evoked it as a life carreer because "capacities" and basically told me they would pay if I did whatever else white collar studies.
I complied and "finished my studies before", it was mess, I am 25 now, went several ways before finding business, which I enjoy to some extent and am good at. It fucking bores me when the thrill of challenge and novelty is gone though.
I am seriously considering passing a cooking degree right after, I feel like I've wasted enough time, I gained experience in management and business so could run my own restaurant if need be.
I could go with the "you've been that far, why stop now" philosophy and work for a bit in this field, but it feels like a never ending vicious circle.
Also, if that makes any difference, I have money saved up and can afford prestigious cooking school.
Opinions?
Cooking as a career is awful. There are professional cooks and a few chefs on /ck/ and they hate it, but that's all they're good at. Just get a normal job and cook as a hobby. Have friends over and make a 3-5 course meal with small portions and work on plating and presentation if you want a challenge. You can even buy a bunch of culinary text books from library used book sales for a dollar or two if you want to see what the people in culinary school study.
>>1416775
I am not very familiar with 4chan as a whole desu, I didn't know about ck/, I'll check it out, thanks for the input.
I know its a very stressful job, but this is actually one of the things that I love about it. I have quite a short attention span and absolutely love to be sollicited on a permanent basis while working. I get into a flaw that is immensely satisfying.
I actually enjoy the time table as well, I don't mind having my day cut or working odd hours ( I have been and online poker semi-pro for the past 4 years).
Regarding cooking as a hobby, I do a lot already, for myself, with my friend and with my familly. I do realise that it is very different because circumstances are different but this is not something I feel affraid of. I have a textual basic culinary education, what I would be seeking with a good culinary school (French) would be some kind of good boy point for my CV on top of the knowledge, just so I don't end up in a kebab.
>>1416755
Trust me OP, you don't want a job in the cooking industry.
I wanted to be a Chef so I worked in it for 4 and 1/2 years. Worst job I ever had. The stress level is so high in a kitchen it's not even funny, you always have to be running around, dealing with dumb waitresses, dumb customers, dumb co-workers. The hours are unreal, I was working a minimum of 130 hours every 2 weeks. I don't wish that job on anyone.
I know how to make big money in stock market. Pic related, I used this simple strategy on Netflix stock.
The result is I profited $9,000 in just 10 days. Anyone else bought Netflix too when its price was low?
I did the same with BCS. Bought it for 7.63 and sold for 8.05 Profited only 700 :(
>>1416747
btw an even better strategy is to do the same with stocks that are paying high dividends and are in terms of value investing a good deal. For example I am watching the following stocks now:
NAP
FUN
WSR
CMC
PSX
STNG
ORAN
ESCA
GM
>>1416729
>buy low
>sell high
Bold strategy Cotton
How's all my cointards doing today?
>>1416679
Doing well, pupperoo.
>>1416679
Pretty bored. I don't know why BTC always seems to slide when there is no news.
>>1416721
This. Should I sell now? It seems like its going to go down a lot more.