Lets get an ASX thread going lads.
Post what you're invested in, what companies are looking good etc
>>1378501
Nothing.
I dont know what ASX stands for.
Is there any way I can invest in the image of the smiling australian?
MXC has been going good lately. Thanks to the anon the other day who convinced me to not sell my shares.
Anyone seen LIT and their Sileach technology?
if you have a joint account with someone, can you wreck their credit by loading up on debt using the account as collateral and then clean the account out?
just another reason never to share an account with a woman
>>1378160
>wife demanded that we have a joint account because "that's what married people do" and she drew a "hard" line
>gave in said ok
>we go joint on acct X total value ~20K
>still have my "investment/savings" account that's got $85K cash in it for emergencies/buying opportunities
>scottrade account that's hooked up to that has a $243K portfolio in it
Love ya honey
>literally have no idea how she is unaware of this, maybe she's playing dumb and just doesn't really care
Had to change careers and leave a cake job so wifey could stay home with kiddies. Joint account everything. She decides to start a business from home. Cosigned on 30k worth of debt. I am not a smart man.
>>1379930
kek how come she justified 30k for a home business?!
Liberals BTFO as always
>>>/pol/
>>>/leftypol/
GDP isn't a good measure of standard of living in a nation.
>tfw literally just learned this on my macroeconomics homework 20 minutes ago
>>1378066
>economic policy isn't /biz/
Alright guys I graduate from Uic fiance in 1 year and I want to make sure I get a decent job right out of college. Here is what I have so far
>work as a teller at a bank(do some work for loan department)
>interned at a tax services building
>Shit grades but only in non major courses
What else do I need to make myself stand out guys? Please help a fellow /biz/ness man out
No one can help? Seriously?
Finance is all about who you know. Nepotism.
>>1379531
This. Give blowjobs to every bank manager in town.
>$83,500 (all of my savings) in MGT @ $4.31
Please be joking.
It's a roulette wheel stock.
I'm in it myself but only for a couple grand as a gamble.
>>1377970
This guy posts about putting his life savings into X stock literally every day.
Pics or it didn't happen
Is real estate literally "Become rich for dummies"?
>>1377930
No, you're thinking of FOREX.
>>1377938
this.
>>1377930
Real estate in the 90's and early 2000's?
Fuck yes. That's when "flipping houses" became a thing
Why hasn't Walmart become a major competitor to Amazon and Ebay in the e-commerce market?
>>1377713
Maybe because Amazon has never been profitable ever? Why would they invest in a market where competition is huge and profits scarce?
>>1377713
Broken search engine like 99% of all online stores.
Walmart's entire consumer base is poor people, dindus, trailer trash, illegal aliens.
You can't use food stamps and EBT on Amazon.
Amazon is also trying to create a super monopoly, so they sell a lot of products at what basically accounts for a net loss.
Is university a scam or will it really get me much further ahead in life?
I'm a 19 year old Canadian here and I'm deciding whether or not I should spend over $60,000 on 4 years of university (Saskatchewan) or $12,000 on 2 years at a technical college (SAIT). I'm going for mechanical engineering and I want to hear your thoughts on it. I've already been accepted to University of Saskatchewan for mechanical engineering but I have put it on hold for the year. I still have the option of backing out and going to 2 years at SAIT instead. My family is kind of split half and half on the issue. We have a few family friends that are oil engineering executives and both of them have said that experience is much more important and nobody really gives a shit if you just go to tech college for 2 years. My uncle works in mortgages and says many of the engineering tech guys he's seen have made well over $500k a year and are happy they didn't pursue full degrees. The upside to only doing 2 years at tech college is that I would have 2 more years of experience and money earned compared to a 4 year uni grad.
I want to eventually end up in the automotive racing, hopefully motorbikes and engineering on a team. Will I be able to do that with only a tech college diploma? The $48,000 difference is very appealing, since I wouldn't have any debt coming out of a tech college compared to university.
Any opinions on this /biz/? surely some of you had to have gone through something similair to this and can give me some insight.
pic unrelated
>>1377651
It's a scam that will help get you further in life.
More than likely, when you get out of Uni you'll be fucking useless to the company and they'll have to form you all over again. The thing is you will get to set foot in the company because they know you have solid basis and are able to work hard. Succeeding without completing a degree was easier a few decades ago when everybody else did not have one already.
If you want to work in engineering, I'd say it's imperative.
>>1377651
Yeah bro.
Total scam, required by HR departments to get good jobs and is pretty much god-tier for networking with profs, alumni and students. Total scam tho
trade job and certifications are better options unless your going into med field. self teach yourself everything to create/do what you want
The big 4 all have officers in my city due to the very beneficial tax laws in my country. Deloitte and Ernst & Young both have "job fairs" next week where they are inviting local talented students and recent graduates to attend.
I have a pretty good educational background so I don't think that would be an issue. I just want to know how make the most of this opportunity. And to anyone who's worked at a big 4 company, how was the experience.
>>1377424
Depends on which department you work and also on the office culture. Wvery country is different but in general it's a good place to work. Would recommend it.
Also at least for EY, they take work-life balance pretty serious
You're in Dublin, yessum?
Practice the interview, know their business and show up on time
>>1377783
No not Dublin.
This isn't an interview, just a "job fair" (I don't know what else to call it) where they've invited about 100 people to come learn about life at the firm.
I will definitely practice for the interview if and when it comes however.
Get a giant loan, then sell all your posessions.
Now put all of your money in some crypto currency (dont stop reading).
Then decalre bankrupcy.
The entire thing with cc is that its untraceable, which means that you should be able to keep all of it trough the bankrupcy proccess.
Then move to another country.
You now have everything you started with + the money form the loan.
There is no apparent reason for this not working.
won't get a 'giant' loan without nothing that is worth the hassle
>>1377384
I have a good credit score and a constant income. I could quite easily get loans worth 5 or 6 times my income currently.
>>1377381
Yes but people will ask where did it go
Invent a plausible black hole for money, throw a little away for a papertrail
Is marriage the worst financial decision you can make if you're a man?
pic related to preempt the fedora accusations
>>1376356
If marriage is a financial decision for you, start a Fleshlight collection instead.
>>1376356
No, unless you marry a used up bimbo or gold digging whore, which un-surprisingly are the only girls that will ever touch you.
Anons, lets discuss daytrading. Everything from strategies to brokers.
Any tips for the new daytrader? Been daytrading for a couple of months and only recently i have been making profit daily.
What stocks/indexes are good to trade?
>>1376260
What apps/websites do you use? Also I've been wondering. This isn't really related to day trading, but is Acorn worth it? It's a mobile app that invests spare change from your purchases into a bunch of different companies automatically. But it costs 1$ dollar a month. How much would I need to invest to even recuperate the costs of using the app? Does anyone else use this?
>>1376308
ETX capital. Has a very nice setup and low spread, with many indicators. Apps (mobile) seem kinda shit since you cant have as many indicators and info (atleast the apps i have found)
>>1376260
This looks like CFD's, not stock.
Almost no burgers trade CFD's.
>tfw you see all your former classmates get good jobs and become more successful than you
> tfw I didnt grow up in social media and don't need others being envious of my lifestyle
You don't know what anything about them besides what you see on they're profiles
They could be up to their ass in debt and drug addictions.
If doesn't matter anyway. Just focus on yourself
Most of my classmates are military cucks, minimumwager at moms momshouse, homeless on drugs, moved to some state like arizona cause too poor to live in california, a few people got into software and are doing alright, nothing really notable. I'm probably on par with the software people for now.
This is a thread used to explain what LBRY and LBC is and what it does as well as discuss it's potential as a biz and crypto.
What is LBRY?
>LBRY is the first digital marketplace to be controlled by the market’s participants rather than a corporation or other 3rd-party.
>It is the most open, fair, and efficient marketplace for digital goods ever created, with an incentive design encouraging it to become the most complete.
>To understand LBRY, think of LBRY in terms of two layers: protocol and service.
- Where and how content itself is stored, how payments are carried out and how content is discovered
>The service layer utilizes the protocol to do something that a human being would actually find useful.
- The Apps, how the user interacts with all the data the protocol has. They're also thinking of making hardware
LBRY settles it's payments through it's cryptocurrency: LBC.
Protocol
>The protocol provides a fundamental, underlying technological capability.
>It consists of the LBRY Blockchain and The LBRYNet
Blockchain
LBRY uses it's own blockchain to take advantage of custom uses for what information the blockchain stores whiles also giving content stored some accountability and credibility.
>The LBRY blockchain maintain balances -- in LBC (LBRY Credits)
>But, more importantly, the LBRY blockchain also provides a decentralized lookup and metadata storage system.
>he LBRY blockchain supports a specific set of commands that allows anyone to bid (in LBC) to control a LBRY name, which is a lot like a domain name.
>eg. lbry://wonderfullife
All LBRY content is stored on the protocol: lbry://
The name being bid for is wonderfullife
>Whoever controls a name gets to describe what it contains, what it costs to access, who to pay, and where to find it. These names are sold in a continuous running auction.
> Bids are entered into a trustless escrow, marking the credits as unspendable, but leaving them intact.
>When a user looks up a name, the name resolves to the largest bid made by a party or parties. The ability for any number of people to have a say in where a name resolves is part of what makes LBRY a system controlled by its users.
>As the credits are distributed primarily among users and producers, it is community itself that has ultimate control over the catalogue of what is available.
>It’s possible this system sounds like chaos to you, but we’re betting on a Nobel-prize winning result that predicts the opposite.
>Economist Ronald Coase theorized that in a system with low transaction cost and clear rules, property will be held by those who value it the most.
>Since LBRY names are the equivalent to content storefronts, we believe that LBRY names will hold the most value to rightsholders who produce content associated with a given name.
>As names in demand on LBRY will be more expensive, the names themselves will also serve as a signal of reputation, legitimacy, and quality.
>If a user searches LBRY for Spider Man and sees one at lbry://spiderman and one at lbry://spiderman_russhaxor, there will be little doubt that the latter is less legitimate.
And then the less legitimate name and content will be put on blacklist
More on this later on.
>We’ve also buffed the hashing algorithm, smoothed the block reward function, increased the block size, increased the total number of credits, and prepared for offchain settlement
this is them explaining the blockchain, compared to the BTC's.
LBRY Net
>LBRYNet is the layer that makes the LBRY blockchain useful beyond a simple payment system.
>It says what to do with the information available in the LBRY blockchain,
>how to issue payments,
> how to look up a content identifier, and so on.
>LBRYNet issues a lookup for the name associated with the content.
- If the client does not have a local copy of the blockchain,
- this lookup is broadcast to miners or to a service provider.
- This lookup acquires the metadata associated with the name.
>LBRYNet issues any required payments, as instructed by metadata entries.
- If the content is set to free, nothing happens
- If the content is set to have a price in LBC, the client must issue a payment in LBC to the specified address.
-If the content is published encrypted, LBRYNet will not allow access until this payment has been issued.
-If the content is set to have another payment method, the seller must run or use a service that provides a private server enforcing payment and provisioning accessing keys.
>LBRYNet uses the metadata to download the content itself.
- The metadata allows chunks to be discovered and assembled in a BitTorrent-like fashion.
- However, unlike BitTorrent, chunks do not individually identify themselves as part of a greater whole.
- Chunks are just arbitrary pieces of data.
- If LBRYNet cannot find nodes offering chunks for free, it will offer payments for chunks to other hosts with those chunks.
- This payment is not done via proof-of-bandwidth, or third-party escrow.
- Instead, LBRYNet uses reputation, trust, and small initial payments to ensure reliable hosts.
- If content is not published directly to LBRY, the metadata can instruct other access methods, such as a Netflix URL.
- This allows us to catalogue content not yet available on LBRY as well as offer legacy and extensibility purposes.
Since pokemon go was release and became a viral fad nintendo stocks have increased from 14,380yen to 21,270yen. but how high will the rocket fly before it runs out of fuel?
http://www.theverge.com/2016/7/11/12147600/nintendos-stock-pokemon-go
http://www.cnbc.com/2016/07/11/nintendos-stock-surges-after-pokemon-go-release.html
http://www.nasdaq.com/symbol/ntdoy/stock-chart
Their new console is a fail.
>>1375779
millennials will probably buy it anyway. especially now. plus it has a new zelda on it apparently, they love pretending they know what that is
>>1375769
I project this trend to cruise through the release of their Animal Crossing shit, and subsequently flounder when they release the NX, and it's proven to be a huge fucking flop.
People will jump ship once they realize nobody plays GO anymore (because like all Pokemon games, their about as stale as their first couple weeks), and that Nintendo is not a app developing company.
If I was Nintendo, I would flex my muscles and buy out some software companies developing modern games, and any companies developing researching development of cheaper, less power-using x86_64 processors. Use the subsequent research to pull a Sony and one-up both consoles. Leave the 4K shit alone, focus on developing something that runs flawlessly 1080p (hell even 1440p) 60fps for 6-10 hrs without going over 50-60C. They can do it, because their are computers that can do it. Bring the price down to <$300, add native support for normie apps (Netflix, Facebook, Google), get a sleak new redesign, celebrity endorsements, and package it with a new Mario/new Golf for nostalgiafags. Get in good with 3rd parties by allowing them to fuck over the consumer, and sign 4-game exclusive deals with major publishers like EA, Activision, etc. Last but not least, keep the completely-touchscreen-gimmick, and utilize companies like King to make mobile shit that could be played on-device via NintendoConnect or some shit.
Those are some simple ideas, just yeah, if they don't surprise us all, just wait until after NX crashes.