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Archived threads in /biz/ - Business & Finance - 7077. page

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what the fuck is the point in saving?
isn't interest just a premium that other people pay you for being and idiot and leaving your money untouched during the time you're healthy, young etc?
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up to a certain degree you are right

and then you are old, unemployed and need to rely on food stamps
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>>1336993
too cutie
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>>1336993
To invest, you should save.

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http://www.bloomberg.com/news/videos/2016-06-21/bridging-bitcoin-and-ether-to-mainstream-finance

THIS IS NO A DRILL!
IT IS BEGINNING!
7 posts and 2 images submitted.
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I could have bought at 0.20. I could have bought at 0.50, 1, 2.50. Hell I could have even bought at 4-7. Why God why didn't I do it.

I could have used that money to live the rest of my life in the mountains.
I could have used it to make both a kitty caffee and a ladybug caffee.
I could have made my own crypto currency.
My own video game
My own cartoon series.
My own genre of music.

Why God why did I had to be such a shy introvert at investing money in the internet. I browse the internet 24/7 why didn't I use it for doing good. What the hell is wrong with me.
>>
>mfw holding 103 ether
Pls make me rich
>>
>>1336994
if you watch the full video they predict the full value of bitcoin to be close to gold
and it's only around 11 billion of market cap now
gold is 10 trillion
ether is only 1 billion of market cap

plenty of room to grow if you go in now

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I will be going into a top business school this fall.
I've heard horror stories about people backstabbing each other and most people describing it as the "game of thrones" of university.

Have you had experience? How can I best prepare?
30 posts and 4 images submitted.
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Read and study Robert Greene's books 48 Laws of Power, War, and Mastery.

Make sure no one knows you have these books.
>>
>>1336899
Build a reputation of being trustworthy but don't get duped

I know that's pretty much useless but in these sorts of power game places, trust becomes an invaluable asset if you're also smart.

What school? Kinda curious
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>>1336899
You're paying for classes, who gives a shit about the students; you're there to learn.
I don't understand why people need to flex their cocks when they're attending school.
I'm at college right now, and there's one guy that always feels insecure every time I open my mouth. He's consistently wrong, but he continuously tries to gain control over the room.
What a fucking cuck.

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What does /biz/ think of Monero? I've been looking to diversify my cryptocurrency holdings and Monero is another coin I've been considering for a while. I've seen it mentioned a few times here, but not much has been said about it. Seems like a good price right now, too.

Is it a scam though? The dev team seems pretty down to earth, competent, and legit.
17 posts and 2 images submitted.
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>>1336749
looks are deceiving in 2016
many scam sites look better than legit ones
>>
>>1336749
Na, its not a scam coin. Its a coin which is not just a clone of bitcoin. Its the most anonymous coin out there. Anonymity is built into monero protocol unlike other shitcoins like dash which uses coinjoin for anonymity.
>>
bitcoin is a scam coin, tell me one way it's different from a ponzi-scheme...
what's the value of bit-coin to the consumer? you know as long as it's a small market it can be volatile, but can you imagine that countries would trade with bitcoin? or central banks would hold bitcoin reserves?

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Thoughts, opinions, recommendations welcome here. Name your favorite or best trading platform. Is it Etrade? Ameritrade QuestTrade? Scottrade?
6 posts and 1 images submitted.
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>>1336745
ameritrade or interactive brokers
>>
poloniex. for crypto, some commodities
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>>1337403
this

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/biz/

How to monetize?
5 posts and 2 images submitted.
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buy gbp rn
>>
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Howdy Partner, Ah' say buy some ol' fashioned yellow tin Y'all, there's an old saying in the South: "Gold is god's money"
God Bless Texas and the Confederation! YEEEEE HAWWWW!
>>
ad.fly and ads discussion anyone? Honestly I think short.st beats ad.fly

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Econ/Finance Vs Math/Stat
15 posts and 1 images submitted.
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>>1336659
Oh okay
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>>1336659
bump
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>>1336659
What do you wanna do

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TD waterhouse best trading platform?
17 posts and 1 images submitted.
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>>1336632
>not using Questrade
Why live?
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Don't use bmo investorline it sux
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>>1336632
>tfw using RBC direct investing because it's in my phone already
>$10 transaction fee

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What's the smallest wage you need to live a comfortable, modest life in the US if you're single?
32 posts and 4 images submitted.
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>>1336535

30k/year income for a modest single
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>>1336544
Really? That seems pretty low, especially when every state seems to be making that the new minimum wage.
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>>1336544
Uhhhhh maybe if you're not in a major city

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What percentage of your liquid do you keep in your checking/savings? Where do you move the rest?
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>>1336484
Literally 99% cryptocurrency

Get on my level scrubs
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>>1336508
which ones
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>>1336508
I'm turning into this guy more and more everyday. I can't put enough of my paycheck into cryptos. I can't take my crypto profits either cause of long term potential for so much more.

weird spot to be in.

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hey biz the SP500 down roughly 3%, TVIX does not get to the pre market price. wtf is going on here rigged? did the fed prop up the market? pic related 2.1 Trillion gone yet most stocks went down between 3 and 6%
27 posts and 2 images submitted.
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Are you fucking stupid not all stocks are worth the same it just averaged that.
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>>1336468
That's not what VIX tracks....

>>1336467
in PM, Yellen came out with a comment about providing liquidity IIRC

VIX ended at 25.XX, which is right in the middle of the 20-30 scale. Could hit 30 Monday, desu
>>
SP was projected to take the smallest hit, and therefore took the biggest. This is what happens. Overall, I was unimpressed with the "it's happening," although the dow's recovery before closing did surprise me a bit.

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>ETH holders think a hard fork is ok
>they're all leading each other off a cliff
>the few voices of reason are banned and told to shut up
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>>1336456
this is a good point for them to dump all for BTC and buy back at 3$ per ETH soon
screenshot this post for proof
>>
>>1336456
>>1336460
lol short eth errybawdy let's make some ca$h
>>
>>1336456
Short short short short short

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Guys, I'm at a loss. Which company should I take private student loans from? Was considering Sallie Mae, but then I saw what everyone had to say about that company.
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>>1336413
Discover, sofi, wells fargo
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Have you considered not taking loans and going to community college
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>>1336413
don't go to college fucking idiot

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NEM XEM whatever name it goes by, let's fucking talk about it. Why is it blowing up? I've heard talk of Japan, what's their involvement?

How much do you own?
>12k here

Meme it up and make bank bros.
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>>1336370
i talked about this at fucking 100 no one gave a shit

its solid
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>>1336469
I wish I had seen your post and gave a shit...

What's so good about it? It seems to me like almost all of it's value comes from ease of use and asian interest. Not that any of those are bad.
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>>1336469
your coin just dropped 400sats in like 20 mins bro. what gives brah?

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Hi /biz/

First time posting here. I am 27 and have around 30K in cash. I am looking to invest some of this money and ride the market volatility caused by the Brexit, but I'm not sure what to invest in.

I already have small investments in P2P loans, real estate, and ETFs. I've never done individual stock buying, but am open to the idea of starting it. What do you guys recommend I do?
5 posts and 1 images submitted.
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You are too late faggot
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Buy BCS, BT, and PUK. Or just buy EWU. UK is healthier than Eurozone as a standalone. UK equities are cheap.
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>>1336290

You could just invest in volality stocks like VXX and VIXY, but it's risky.

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