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Archived threads in /biz/ - Business & Finance - 6979. page

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>there are actually people here studying to be accountants
Holy shit! How much of a failure in life do you have to be to spend thousands of dollars to learn how to use Excel? Not only did you fail at your passions, you failed at anything academic, such as becoming an engineer or software programmer. Inb4 "muh stable job."
>mfw you get laid off
26 posts and 3 images submitted.
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OP is butt blasted that he dropped out of an accounting program top kek.
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>>1377198
So you just got replaced by someone with an accounting degree?
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>>1377201
Projecting? Silly accountant. I guess you wouldn't know much about logical fallacies, however, since your entire workday consists of plugging numbers into a calculator.

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How can one without money and a not very good,medium tier computer start making/earning any cryptocoins.

Tried bc faucets and minergate, both earn pennies per hour.
6 posts and 1 images submitted.
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>>1377178
Switch jobs, sell stuff on ebay in spare time, use money to invest in whatever, when it fails miserably, learn what you did wrong, repeat, reinvest.
>>
The only way cryptocurrency mining can be profitable is if you hack a server to do it for you. Otherwise the return per unit of time doesn't outweigh the cost.
>>
>>1377191
if you have free electricity or free hardware it can work. otherwise no. that was my assessment in 2010. probably never changed for the better.

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I had an Idea for a business I wanted to eventually start, but I wanted to make sure the idea was legal first.

Essentially, the idea is to create a private prison that also acted as a factory, with the inmates doing most if not all of the work.

Are there any problems with this idea, and if so what?
15 posts and 1 images submitted.
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Dont prisoners already do this?
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>>1377138
I don't think they do in the United States, I'll have to look that up. Thanks for pointing this out.
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>>1377138
yes>
>1377142
>don't think they do in the United States
wrong

http://www.unicor.gov/index.aspx

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I've spend hours reading about it, i'm tired and I give up : I'm literally too dumb to understans this shit.

>have 1 product, no other models or color, just 1 product
>want to sell 1000 of them
>this is my OWN product, I'm not reselling shit

What do I need?
1 UPC code for the 1000 items?
Then print 1000 of them?
Label my 1000 products with one barcode on each?
Send my inventory to Amazon FBA?

Then what the FUCK is FNSKU?
7 posts and 1 images submitted.
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>>1377120
how about you call someone from upc?
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>>1377120
Put everything in a bag and mail it to Amazon. They'll take care of it, the customer's always right
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>>1377120
yes every similar item will need the exact same UPC code on it, which you or your supplier will need to do yourselves (i just asked my chinese supplier to do it, most are probably used to it so it's no problem; some might charge if they're secretly run by jews).

once amazon receives your inventory you can pay amazon to label each item with a FNSKU code (but it costs 0.30 per item), assuming you're using FBA.

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>b-but the halving is already priced in ;_;

Nocoiners, when will they learn?
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>>1377112
>buying bitcoin instead of trumpcoin
>>
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Here's an actual chart of bitcoin for the past month.

What are you babbling about OP?
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>>1377200
>>1377145
>low-IQ nocoiners can't read the filename
What I see is you are missing on 70+ dollar rise since you got told to buy the 600 dollar dip, but of course, you didn't because you are a butthurt nocoiner, so you are stuck with your memestocks that go up and down a couple of dollars.

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Hey, /biz/.

Freelance IT/Cyber security isn't really working out for me. I need a job, though.

Anyone hiring in Hendersonville, NC?
7 posts and 1 images submitted.
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>>1377045
Move to a real city.
>>
Most financial firms are looking for quality IT.

>>1377351
I second this.
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>>1377045
Have you checked

Jobs.com?

Craigslist.com?

Monster.com?

Indeed.com?

Hendersonvillehelpwanted.com?

Squigga.com?

ReverseCowGirl.com?

Newagewage.com?

Ineedajob.com?

aerisdies.com?

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Quick, I have 100k how would you invest it to maximize gains.

No memecoin please
12 posts and 2 images submitted.
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>>1377000
yes
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>>1377000
MKND, last chance to get in bro!
>>
HIIQ

waiting on that gov reversal

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Was he right?
21 posts and 4 images submitted.
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Yes.
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I once sat on a 10 hour stream with him.

To start with, I thought he was great. Everyone was mad at him because of the sensational headlines: "raises cancer drug price by 5000%", but these idiots don't understand how the market works. And he was schooling them.

But later he turned into a complete psychopath. Someone asked him if he's read a book and he said "Don't you ever dare ask me if I've read something, I've read every book worth reading". No sense of irony here.

Another person asked him about his biochem credentials and where he learned his trade, and he went crazy again -- "I build two billion dollar companies I know more than PhDs".

He'd also spontaneously put on an African American Vernacular English accent and start talking like a gansta rapper or some shit.

Dude definitely has some mental problems.
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>>1376999
>I once sat on a 10 hour stream with him.

That's one of the most pathetic things I've read ever. Literally /r9k/ levels of pathetic.

Sort your shit out m8. Jesus christ.

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>sell a stock
>it keeps going up after you sell it
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don't do that
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>>1376903
Did you profit?
Then you shouldn't give a fuck. Don't look back.
>>
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>he can't predict the future

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>Wake up
>s&p at 2153 pts

Hmmm I thought /pol/ was talking about "muh collapse" and the shemitah?
13 posts and 2 images submitted.
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>listening to /pol/ about anything

there was your mistake
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>>1376839
>pollacks talking about the happening
>it doesnt actually happen

wew lad colour me surprised what a rare occurrence
>>
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>>1376839

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Hey /biz/, why haven't you gotten into Uranium mining stocks? Uranium is the fuel/power of the future and has huge support behind it, including Bill Gates and his TerraPower (private company) initiative.

If you think Lithium is a must have in the future, then what is going to power all of these new batteries, robots, and devices?
>Coal?
>Nat Gas?
>Solar?
>Wind?
>Hydro?
>Oil?

No, it will be a technology that has been readily available for some time that's cheap, safe and soon to be renewable (depleted uranium is now a source of fuel).
>Uranium is the future.

Stocks
>CCJ
>NXGEF
>URPTF
>FCUUF
>ZADDF
>CVVUF
>MGAFF

ETF
>URA
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Thanks, now I know I should avoid investing into Uranium
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Now is not the time for uranium.

The top chart show the Canadian stock for Cameco, the largest publicly traded uranium company in the world and the third largest uranium company outright. They account for 16% of the world's uranium production, and have four operations in Canada, three in the United States, and one in Kazakhstan, with projects in Germany, the US, and Australia. They also own Nukem Energy, which is one of the largest intermediaries in the international nuclear fuel market, and they run refining and power generating plants. They hold 429 million pounds of proven and probable reserves, and they supply much of the world's nuclear reactor fleet. Sounds great right?

Wrong. The second chart shows the price of uranium. Demand for the fuel has not grown in decades, and it doesn't seem like it will. Cameco's sales volume declined 12% from 2013 to 2014, resulting in a 27% drop in gross profit, and Nukem Energy saw a 9% drop in sales volume, 25% drop in revenue.

The US Navy is currently building only one nuclear aircraft carrier, and no new nuclear plants have been built in the US since 1971, with scant discussion on the topic having occurred since then. Four nuclear power plants have been shut down in the US in the past four years, but those will be mitigated by potentially six new reactors coming online by 2020 (no guarantees though). Most nuclear expansion in the US is simply refurbishment of existing plants, and Canada is no better. A nuclear reactor hasn't been built since the nineties, and the ones that are proposed don't even use uranium as a fuel source (they plan on using thorium).

New plants being built worldwide are mostly being built in China, India, Pakistan, and South Korea. Asia is dominated by the China Nuclear International Uranium Corporation and the Uranium Corporation of India, so Cameco and other North American uranium companies will gain practically nothing.

So I repeat, now is not the time for uranium.
1/2
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>>1377021
Your best bet, in my opinion, is to short Cameco. I suggested doing that in early September to a few friends, saying they'd drop 5-10% in a year, and they're down over 20% since then. Cameco is on a downward slide, and judging its performance the past year, I expect it to continue sliding, falling 15-25% this upcoming year. Until serious talk of expanding nuclear energy production starts, don't expect a long on uranium to be profitable.

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What should I do, biz?

>bachelors in business adm, minor in accounting
>working in customer service
>good sales results
>autistic as hell
>still in my twenties
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what do you want to do?

if you like sales then go in that direction
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>>1376712
Basically I just don't want to be a failure. I want to amount to something.
I could go into finance, accounting, tax, sales, anything really. But what do you think is my smartest move here?
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>>1376716
the smartest move is to do whichever one is the most enjoyable to you, if you have a job and you're making your own way then you're not a failure

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I want to live a very good life.
I have been liking the hip-hop style for a long time.
The cars, houses, jewelry, girls, money, and etc.
How does one reach that type of lifestyle?
13 posts and 2 images submitted.
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become a popular musician or professional athlete and waste all of your money on flashy useless shit you never needed

good luck
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>>1376704
Some consider it useless but others don't. If you have so much money does things are irrelevant.
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>>1376709
Those*

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Hi /biz/, I'm a Physics undergrad going into my second year of my 4 year course, and would like to join one of the big investment companies (Deloitte, Goldman Sachs etc) next Summer as an analyst intern. I'm at one of the best universities in the UK, and am just wondering what does /biz/ think would be good to do in preparation for these internships? They're targeted at undergrads, but I was just wondering what sort of experience they'd be looking for, or how to make my application stand out.
Thanks /biz/
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>>1376583
>how to make my application stand out.
Draw a giant pink dick on it
>>
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>>1376602
OMG DUDE. the fuck kinda shit are you looking up?
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>>1376583
Deloitte =/= Goldman Sachs, not the same industry, some overlap bt massively different organizations. One is a consulting firm (profesional services provider) and the other one is an investment bank. If you don't even know what they do, do you think they will accept you? Getting into Deloitte is much easier than getting into GS. What area are you interested in? "Analyst intern" isn't a thing, if you aren't sure of what you want they'll reject you. They can easily tell if you only want to be in IB because of the money but have no idea of what the job entails (of course everyone there is in for the money but you shouldn't be obvious about it). Since you want an internship it is slightly easier, but not that much, you need to have a good academic record plus a good amount of extracurricular activities that show that you are a leader and a team player at the same time (student committees, sports, finance club, investment club and maybe even something like theater).
Good luck.
http://www.cnbc.com/2016/06/05/goldman-sachs-attracts-250000-student-job-applications.html
http://news.efinancialcareers.com/uk-en/169629/six-signs-will-rejected-apply-job-goldman-sachs-overcome

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How big of an annual income do i need in order to get a homely chinese wife?
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>>1376528
if /gif/ has taught me anything, all you need is a BBC. So basically no income then.
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>>1376528
Any income
>>
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>>1376538
>B

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