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Archived threads in /biz/ - Business & Finance - 6988. page

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Sup /biz/.

I found a high interest 2 year CD with an 18% interest rate based on the GBP.

The GBP's inflation rate is at only .3% so this is all raw cash.

Does /biz/ want it?
14 posts and 3 images submitted.
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You could do it based on the dollar too for 15%
>>
Sup /biz/

I found a high interest 2 year Ponzi scheme with an 18% interest rate based on the GBP.

The GBP's inflation rate is at only .3% so this is all raw cash.

Does /biz/ want it?
>>
>>1372677
which country's dollar?

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what are some /biz approved movies. finance/business related only.
25 posts and 3 images submitted.
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>>1372599

I'm a fan of Margin Call and of course The Wolf, but Trading Places is my all time favorite.
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>>1372599
https://www.youtube.com/watch?v=-1j0XDGIsUg
There are not that many movies about finance/business due to lack of interest by normiefags, but there are lots of documentaries.
>>
>>1372599
also this,
https://www.youtube.com/watch?v=p_B5WZCJd5g

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How do we profit from the downfall of the west?
17 posts and 4 images submitted.
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>>1372461
buy chinese, indian stocks. marry chinese or indian women and make as many children as possible. when or if you have alot of money apply for citizenship in either country and buy up as much land as possible. your future bloodline will be 1st class 1st world citizens in the year 2100 and beyond = ultimate profit
>>
That's not the west.
>>
>>1372464
>having children

>shitcoin bagholders keep conflating the DAO with Ethereum

top kek. DAO /=/ ethereum, the DAO is just runs on the Ethereum blockchain, it does not mean that it itself is Ethereum. Ethereum is still the most innovative, robust and secure platform. It also still shits on Bitcoin or any other shitcoin you nerds keep trying to meme AND is still the future.

We're still going to the moon. With or without you. You can buy it cheap now and maybe not commit suicide after you tell you kids that you could have given them a better life but you decided to listen to some pessimistic failure NEETs instead of listening to your heart.
31 posts and 2 images submitted.
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Vitalik shattered confidence in ethereum when he told exchanges to halt trading and suggested the hard fork,eth is kill
>>
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>>1372453

Serious question.

Isn't Ethereum actually infinite? How could something without limit provide value for me? This holds me back from buying more. Convince me otherwise.
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>>1372467
just dont buy and stay poor

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Anyone mine eth? Ive mined 0.01 eth in about 6 days straight with 2 computers. They are both very shitty
27 posts and 3 images submitted.
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>>1372370
how hard is it to mine eth? does it work on the same blockchain as btc? what is the reward currently at? ive never actually looked into the mining of other digital currencies
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>>1372376

Just downloaded minergate and pressed mine, easy as fuck, though probly way shittier and slower then doing it the manual way
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>>1372381
Jeez, I have an r9 290 and I got like one eth/day.

I followed a tut uploaded a month ago here though, where I installed a miner and connected to a pool.

It was some time ago but what you're getting is still very very low I think.

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>Studied accounting, graduated with good score
>Scared of the job market, accepted the first offer
>Shitty audit firm, not even Big 4, shittier pay than Big 4
>Stuck there for 2 years because of commitment clause
>Can't join Big 4 without pay cut, can't quit audit because of shitty CV

I am fucked. Now what?
27 posts and 2 images submitted.
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>>1372115
so do you think you were wrong to be scared of the job market?
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>>1372117
The market then was brutal, but I still think it's a mistake.

Looking back, I feel I should be a man and reject the offer, then keep on searching.
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>>1372115
Lie about your resume. You have experience.

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Alright listen up bros, I'm starting my first *real* job and I need some financial advice. Numbers:
Gross income: $105,000
After tax: $71,000

Monthly:
Student loans: $1,500
Roth IRA: $458.33
401k (15%): $898

That leaves me with $3060 for rent and living.

What's the max rent I should be spending? Obviously I want to start putting money away in an accessible rainy day fund, not tied up in long term savings. So I need help figuring out:
Rent max? If I spend $1500 on rent, I'm basically rolling with $1500/month for spending and rainy day fund.
Short term savings max?
40 posts and 5 images submitted.
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>>1372108
>401k (15%): $898
Do you have a job with a fucking 15% match?
>>
>>1372131

71k / 12 mos = 5916.67

5916.67 *.15 = $887.5

Using rounded numbers messed it up a bit but it's generally correct.
>>
>>1372131
>>1372133

Sorry you must mean out of gross. Yeah, I was calculating out of net. Gross it's obviously less.

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The reward that miners get from mining them juicy blocko's was split in half a couple hours ago from 25 to 12.5.

the price is 648.22usd

live blog: http://www.coindesk.com/live-blog-bitcoin-halving/

Bitcoin chart: http://www.coindesk.com/price/
18 posts and 5 images submitted.
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Coindesk is shit btw, they write clickbait bullshit and promote shitcoins

In other words they're typical journalists, nu-male cucks and fat feminists that hate straight white men

Why would you link to them?

P.s. the effect of the halving will take a few months for the price to moon

There's been an unprecedented amount of fud lately, here, plebbit, and bitcoin talk

I thought the price was supposed to tank, post-halving? You nocoiner faggots. Stay mad
>>
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When you've been mining and buying bitcoins since before the FIRST halving, you have a certain insight into how this thing will play out

I have enough Bitcoins right now so that I don't have to cuck myself over to Coinbase or a similar company that demands a blood and semen sample before you can purchase BTC.

Thank god for decentralized exchanges like bitsquare.io right? They are the future...

I'm confident with my current BTC holdings I won't have to work ever again.

>pic-related
>>
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>>1372165
i just grabbed the first thing i saw, no need to get butthurt

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Per day, how much do you make from crypto trading on average? I'm at a $150 average at this point.
91 posts and 19 images submitted.
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How do you make $150 a day crypto trading?
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>>1371910
drugs :^)
>>
>>1371905

$321.45

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I have 18,000 dollars. What's the fastest way to double it?
29 posts and 3 images submitted.
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Get a job
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>>1371808
already got that one done. I take home ~1000 a week. Wat do next
>>
Bet it all on black.

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How can I make a profit out of nu-males and cucks?
What do they want?
65 posts and 12 images submitted.
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>>1371737
inb4 try /r9k/

Sell them big black bulls
>>
cuckr
>>
>>1371737
Go to reddit and ask them.

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Thoughts on Trump and Peter Schiff's take on the economy?

Does Trump know something the average person doesn't or refuses to know?

And if so, going off Schiff podcasts, is Trumps claim of being a "low interest guy" only true because we wouldn't be able to pay the debt off if we did raise them?

http://www.cnbc.com/2016/05/08/trump-just-exposed-americas-dirty-little-secret-schiff.html
30 posts and 5 images submitted.
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Trump is a racist and a fascist, prove me wrong

you can't
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>>1371551
bumb
>>
>>1371551
bumb

What do you guys think of LiteCoin? Is it worth investing in?
11 posts and 1 images submitted.
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Bump for interest
>>
Yes. Buy a shit ton of litecoin. Instant profit
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>>1371608
Why do you say that?

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Hey /biz/! I live in one of the top-three US states for CHEAPEST real estate and LOWEST cost of living, but even an 800 sq ft house is like $150,000

Is owning a home only for people making a ton of money? I am nigh 30 and I still live with my mom and pay her rent for my room because it's too expensive to rent an apartment and it's too expensive to by a house.

Am I looking in the wrong places or is home ownership really only for people with lots of income?
61 posts and 6 images submitted.
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>>1371293
How the fuck is $150,000 a lot of money? That's like 3 years for a middle class dual income family.
>>
traditionally 20% is considered the minimum you should have for a down payment. For a $150,000 property that would only be $30,000, if you can't save that much over the course of a few years then you need to find a better paying job.
>>
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>>1371295
>>1371302


Nobody on either side of my family has a degree. I was an accidental pregnancy, born to a teenager. My family members live in trailers and work as janitors and shit. I am 30 years old and a virgin, but never moved out of my mom's place because she is poor and I have to help her pay her bills. I make the most money out of anyone in my family, which is ~$55,000 USD/yr

I have $20k saved now so I guess if you guys think I can just save another $10k I can do that. I just want some independence because I am 30 and I still can't do simple things like enjoy an alcoholic beverage at home because of my mother's fundamentalist Southern Baptist belief system. That's why I have been looking at houses recently. I guess I have already fucked my life up by waiting until I am 30 so I might as well fuck it up more and wait until I am 35 to move out and figure out how to make friends, etc.

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How do third world shitholes exist? They have leaders and stuff right?

Why aren't countries making like 8 nuclear power plants and exporting batteries or some shit.
83 posts and 12 images submitted.
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Because people with such skills gtfo out of third world shitholes. It's a self reinforcing problem.
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Most of the costs of a battery comes from manufacturing them, not charging them up.
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>>1370957
Because of corruption and crime.

Why would some honest-working man in a 3rd world Latin American shithole open up a store when he knows it will probably get robbed/looted and they'll get away with it because they're either in cahoots with police or police don't give a fuck because there's 1000 murders a day?

he wouldn't. He'd simply join them, be poor or try to immigrate to a new, civilized country and start his business there.

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