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Archived threads in /biz/ - Business & Finance - 7177. page

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Hey I'm new to stock trading investments. Is there some reason I can't buy if a stock goes up a penny and sell if it drops a penny and just keep doing this until I'm a millionaire. Stocks tend to rise and drop by more than a few penny whenever they move.

If you are only invested when it's rising and no other time you can't feasibly lose any money. A simple computer program could easily do that for you.

Why is this idea BS?
6 posts and 1 images submitted.
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>>1289005
Fees & You need people willing to buy what you got
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I was wondering how that ruse in OP's pic worked,
Then I realized -

'LOL, nobody reads the Terms & Conditions!
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>>1289880
>people willing to buy
but isn't that what a stock price indicates? what people are willing to pay for it?

also: don't brokers do this for you?

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Can you provide examples of Multimillionaires who
(1) Started after 30 years of age
(2) Made their money in non traditional ways such as Art, Music Mixing, Copyright Trolling, Collectables, Music (in general), ETC...

IE: Duff McKagan (musician) from Nirvana who invested in Starbucks in the beginning, Prince who owned all his music (unlike most artist).
7 posts and 2 images submitted.
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>>1288987
2 chainz didn't start getting attention until he was like 35
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Sylvester Stallone
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>>1288987
Umm Duff McKagan was definitely not in Nirvana. Are you thinking of Krist Noveselik or Dave Grohl?

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I'm a high school student who just turned 18 on June 3rd, my family is very well off and hands out money generously which I'm very thankful for.
I was given approximately $400.
I really want to repay my family just for always being there for me, especially my grandparents, and my dad for being such a shit son.

I'm interested in investing and trading stock, but I have no idea where to start, although I would know which companies to invest in.

I'd like to know which online brokerage account to open, as well as why I should choose that one.

I currently do not have a job, so this would be more of a side-project for me, but of course I would monitor my investments very closely.
9 posts and 2 images submitted.
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Invest in estrogen and other various female hormones, become feminine, and begin sucking cocks. It's probably one of the best investment strategies you can make.
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>>1288855
For the 40,000th time there's virtually no point in investing a tiny amount of money in a one-off instance.

I'm not sure what you expect to be making on stocks but any investor would be ecstatic if they made a 10% return. You know what a 10% return on $400 is? 40 bucks. Two blowjobs and you can make that in an hour.

Just pay off any debt you have, or hold onto it as a small rainy-day fund if you have no debt.

You can invest it if you want but you'd just be playing a game, not accumulating any noticeable wealth.
You don't seem interested in investing as a game considering you want us to feed you all the answers of what to do.
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>>1288859
XD sucking dick memes haha! xd

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>tfw you buy and hold equities
>tfw you wake up and they've increased 12k since you went to bed
>tfw wageslaves might take months to get that much, before taxes and deductions from their paycheque
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>>1288717
>haha stupid poorfags
>tfw made 2k on 100k investments
[spoiler]on wallstreetsurviver ;_; [/spoiler]
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>>1288717
what's a "paycheque"?
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>>1288717
>tfw you hold equities
>tfw you wake up and your position has decreased by over $100,000

http://money.cnn.com/2015/11/20/investing/trader-gofundme-drug-kalobios-shkreli/

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Hi guys, I'm soon going to recieve $425,000, which will be around $270,000 post tax.

This money is mine to do what I want with, and besides buying a couple things like a computer and maybe a year or two of rent, I think I want this money to ultimately become a down payment on my first home.

Let's say I have 250K for simplicity. Could I get some advice where to place this cash to best meet my goals? I plan to probably use it for said house in 5-10 years.

I'm already adept at investing, having turned 8K into 22K in about 3.5 years. My big winners have been Amazon, Waste Management, and Activision (God bless Bobby Kotick). I have 500-1,000 in another dozen or so stock of varying success (Google, Bank of America, couple pharmacuticals, some other shit)

I also have about 5K in Vanguard high Yield (VYM) and Vanguard Total Index (VTI). Both have done well, and VYM is my favorite thing ever.

Last I have a couple K in a Vanguard Bond that never does anything.

I guess my biggest question is should I just proporionally add way more cash into the stocks I have (10K into each stock, 50K in each ETF, 50K on Bonds/CD), or should I conpletely redo my strategy now that the stakes are so much larger? I'd really appreciate some imput.
11 posts and 1 images submitted.
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Also, I have no real income besides this upcoming money. I've already dwindled my saving down from 30k to 22k thanks to getting a meme degree. I'm really hoping to land a job tomorrow. Once I do (and it will happen eventually) I will be making (40-60K) my goal with that would be to become self-sufficient, move out of my home, and still save around 10K a year.
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Buy games on Steam summer sale.
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>>1288708

Put it all in trump coin.

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>when /biz/ doesn't listen.
25 posts and 7 images submitted.
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>listening to /biz/
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>>1288636
/thread
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>>1288636
>he doesn't do his own due diligence and throws darts at random trips to listen to on /biz/

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Fellow /biz/nessmen,
I'm looking to write and backtest trading algorithms. Can anyone provide a free DL link to a recent version of MATLAB or any other suitable software?
14 posts and 2 images submitted.
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If you can't find a download link for the software that you will use to write trading algorithms, what makes you think you can write trading algorithms?
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>>1288604
I obviously already did. They only look malicious and full of shit. I thought someone on here might use a cracked version that didn't give them aids or the plague.
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>>1288629
Not sure why you think practically anyone on /biz/ would be using MATLAB. I would go ask /sci/ honestly, you'd have a way better shot over there.

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Hi /biz/,

I'm wondering if anyone around here has kept track of the successes and failures of /biz/'s various "meme stocks" over time.

I'm hoping to use machine learning in order to analyze various properties of meme stocks and attempt to determine if there are any decent predictors.

I've searched around some board archives, but to no avail. Figured I'd ask you all before I start compiling data from the archives by hand.
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>>1288554
Bumping to clarify that when I say "meme stock" I'm specifically looking for stocks that had a lot of hype on this board for whatever reason, whether they failed or succeeded.

For instance, I would not consider HMNY to be a meme stock despite the 600% returns, because there was little to no discussion of it on this board before the explosion.
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>>1288554

>KBIO
>MGT
>XGTI
>NERV
>HMNY

MISSED THEM ALL
>>
NETE was a colossal failure
CPXX great success
No idea about GLXY
BTU went bankrupt
CERU hasnt moved much
MGT was huge

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If my parents have paid their mortgage then what's stopping me from being a NEET / working 15 hours a week for the rest of my life? Is there some sort of property tax that would fuck me up if I inherited the house?
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There are a lot of things that can go sideways.

Property taxes, insurance, repairs, health costs, inflation, these are artful risks in an early retirement scenario.

Working may help, but generally part time work pays poorly.

You will always need some income
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>>1288474
Artful? Wtf autocorrect.

I wanted to type 'always'
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>>1288466
>implying they would let you inherit the house
That house you're living in is their retirement fund. They're counting on selling it to fund a decade of exorbitant cruises, world travel, and otherwise frivolous behavior planned just well enough that they go broke before dying.

Do not believe in inheriting anything. The closest thing you could do would be to make enough money to buy the house directly from them at a reasonable rate with with a mortgage with no interest. They're your parents, but you're still gonna need to butter them up for a couple years before that so they're willing to do it.

Hello /biz/, first time poster here.

I am looking for a list of all furniture retailers in Australia and New Zealand. Does anyone know how I should proceed to find such a list and their contact information?

I mean, theres gotta be someway that I can arrange that without traveling all the way there right?

anyway, any australians in here that could help me out?
9 posts and 1 images submitted.
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should I wait until they are awake?
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Get lost Vegemite water this here a britbong board.
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>>1288413
I dont even know what you meant. nice filters

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If I have 8.8k on hand rn
and I want to grow it

how do I do that

I'm a 20 yr old college student in a STEM field
7 posts and 1 images submitted.
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i'm a grill btw
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>>1288690
just camwhore lel or "streaming" videogames for nerd and shower in money
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>>1288693
yeah, just camwhore, its just too damn easy to get money that way to not do it

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What are some good buzzwords and general bullshit terminology I can throw around during an interview for a digital marketing internship?
10 posts and 3 images submitted.
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what a sad and bizarre stock photo
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>>1288315
Don't throw around buzzwords to professionals. Its going to make you sound silly. Since its an internship you are expected to not know much. Just be polite, talk about your education, what you want to get out of the internship and where you see yourself going later in your career. If anything, you should be asking more questions than talking about yourself. It shows that you are really interested in the position and engaged in the interview.
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>>1288315

>Journey mapping
>brand right
>synergy
>customer engagement
>social media presence
>gamification
>corporate responsibility

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I was asked to leave an interview because I had a cup of coffee and rolled up sleeves. I was told that I would be asked to come back and interview again. I politely thanked him for the second chance and left.
>it's a sales position
>selling cars
>75k a year

Is this an acceptable email?


Dear Frank R:

I most sincerely apologize for my casual approach in our last meeting, and for not portraying the upmost professionalism that I am certainly capable of. I am grateful to have be given another chance at representing myself and am ready to meet at your convenience.

Thank you again
- Tim R
64 posts and 8 images submitted.
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Bamp
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Why would you wear anything even slightly casual to an interview? My office has a no tie policy, but I wore a fucking tie to my interview for an internship. The email looks fine but second chance or not if someone was that offended that they sent you home I doubt you'll get the job.
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>>1288134
>going to a job interview while unironically wearing rolled up sleeves and holding coffee
Get serious Timmy

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Robinhood General Thread - /rgt/

Easy like Monday morning edition

Visit the website first - www.robinhood.com

Candlestick charting guideline:
> http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks

FAQs
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.

> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).

> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.

> Is this the right place to pump and dump and/or shill a worthless stock?
No, please go to Stocktwits, Plebbit, or one of our many chat groups.

> What's a good penny stock to invest in?
Don't buy penny stocks you cum guzzling mouth breathing retard.

> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.

> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.
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>>1287853
Got my spring circuits and dynamic midterms today, how fucked am I?
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who $ARRY here?
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I'm riding weibo to the fucking stars. WB has been on a steady rise the last 5 months and my portfolio is green af because of it

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How do I start making more money on the side if I'm broke as hell already?

I'm currently living abroad and I hate my job and everything related to it. I'm currently making jackshit at around $1200-$1500 a month and after bills and other necessities I end up with roughly $300-$500. No matter how much I try I'm never able to save up anything and as the months go by my paychecks are getting lower and lower due to the inconsistency of my job.

I had resorted back to gambling in attempts to possibly come out at least a couple hundred above what I started with, but it seems like lady luck had stopped smiling down on me as the last bit of luck and even hope I had has run dry. I don't plan on stopping but at the moment I can't even deposit cash into my account to try gambling more.

I would like to move back to my home country and work again but there are people and reasons for me to stay here. It may be dumb of me and potentially dooming me further but moving back would be my last resort.

Although I would love to be rich as fuck I understand that's a distant dream and all I really want is the possibility to at least make a couple extra hundred $ on the side. Something to get my foot in the door and possibly even start something of my own.

I'm sure the frequent browsers of /biz/ probably see threads like this all the time but any input or advice would be greatly appreciated.
16 posts and 2 images submitted.
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it would help if you state from which country you hale from, and which country you are residing at the moment

and how old you are..
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>>1287806

Yeah that's a good point.

I'm 25 and originally from Canada and currently living in Japan.
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>>1287802
Your best bet is either finding an innovative idea and selling it, or get self-taught through the net on how to climb the ladder and try finding a job that accommodates a ladder to begin with.

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