Starting my first job soon, I will have around 800-1000$ to invest per month I reckon.
What should I invest in? Looking for something long term where I just passively gain some money
Yuropoor if that matters
>He thinks he will save enough to invest.
> He thinks the yuro guvimint won't tax his ass to support Achmed and his 3 wives + 10 kids.
> He thinks Achmed won't simply steal whatever he has left when he walks down the street of his newly culturally enriched city,.
>>1285316
index fund
/thread
>>1285713
o-ok m8
>>1285743
any specific ones I should look into? Also should I just add money in those monthly or save it up and then add it in one batch (e.g. quarterly, annually)
are dumber than you. Most 100k+ earners do relatively mundane tasks that the average /biz/tian, /pol/ack or /sci/on would EASILY be able to do. The reason these ppl have these jobs is because they 1. Kiss ass, 2. Promise not to tell everybody what im telling you now, and 3. Pretend like you work hard/are professional/are competent etc...
Its all a game to make the avg person think that they dont have it in them to make serious money.
very few ppl in this world truly deserve to earn more than 50 dollars a day. Yet, there are even some billionares who deserve more money than they have. The scale is huge, but the muscle isnt rich enough, and the fat isnt poor enough.
what
>>1285083
> most ppl you meat who make over 100k a year
"Meet" fm engrish
Ok so after a lot of research and calculations, I'm 100% sure Tesla will collapse within the next 3 years. I'd actually bet my entire life savings on it.
But 3 years is a long time to be shorting and long puts are going to be ridiculously expensive.
Any ideas /biz/??
>>1284922
>Ok so after a lot of research and calculations
oh boy, we have a researcher here. now let it ripp boy, we wanna read your analysis.
>>1284922
>calculations
Right
>>1284922
musk can pour his musk in it and keep it floating for decades imo.
i wouldn't bet shit on it's collapse.
>expecting bitcoin and other cryptocurrencies to be worth anything once we have an energy crisis which shuts down the electrical grid that powers your internet connection
I'm almost starting to pity all you meme coiners.
Well then, I guess thats just more gold and silver for me thanks to all the price drops as memecoins gain more mainstream hype :)
>>1284832
>being this bitter
>>1284832
not gunna happen cuckerino
>>1284832
it's funny how everyone tries to visualize bitcoins as physical coins when nothing could be further from reality.
bitcoins do not exist. they are not owned in the traditional sense at all.
you don't ever have any bitcoins in your possession.
you only have a general consensus of how much you can spend which can change funnily enough. in theory it can change in retrospect even.
I am forming a group dedicated to pumping and dumping cryptos. This is easy to do because:
1. Market capitalizations are more
2. Coins tend to be hype based rather than value based, hype can easily be created without actual backing (see trump-coin)
3. People that trade in these markets are amateurs and often gullible, they do almost no research on coins and just buy 'the next big thing' because they are told to.
If anyone here is interested in selection for the group proof of capital will be required. email [email protected] for more information about the selection process.
>>1284633
How much capital do you have to play with?
How much have you made from cryptos to date, with what investment?
How much are you requiring for entry?
How are you expecting proof to be shown?
Good Luck OP! until somebodies algo will fuck over all your "group efforts" kek
>step 1 - google "[your county] tax auction property"
>step 2 - find your county auditor's website
>step 3 - in his website, find the list of properties with delinquent taxes up for auction
>these are usually small parcels that are either irregular in shape, closed off, in bad neighborhoods, or just too small for a normal house.
>their starting bids (in my case) range between $90 for .01 acres to $5000 for 3.6 acres
>step 4 - post em
pic related has a starting bid of $634
I've been thinking of ideas for that lot
-private tennis court: $40,000 to build, not enough demand
-tiny home: expensive meme
-private parking lot: there's already free parking
-storage units: expensive, zoning laws
-communal garden: meme, can't profit from that
-parking lot for #vanlife stealth camping: not enough demand
-private park: people would hate me
-bomb shelter: meh
-amazon/ebay locker: maybe
Then there's parcels like this that are closed off with a starting bid of $105 and .01 acres. Zoning laws restrict putting billboards there.
>>1283893
buy the strip and make the neighboring landowners hate you so much that they buy it to get you out of there.
>>1283893
Buy it and hold it.
Periodically offer to sell it to surrounding houses at 10x cost.
Robinhood General Thread - /rgt/
TTNP Never forget 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.
AMD pls
Should I just cut my losses?
>>1283211
honestly there is so many retards bagging that shit that if you give it sometime you could at least break even, but it's your call.
What's your opinion on Human Resources? I am now doing my degree and I'm expecting to get a wageslave job. After that I will start climbing the ladder until I become a business relationship manager or something and make £150k per year.
Pic unrelated
HRM is subhuman tier.
t. Tax consultant master race
>>1282904
I've been looking at getting into that (tax)
What was your path?
I'm currently a student studying accounting
Hrm is for women
What do /biz/?
>inb4 short tesla
yeah I KNOW that. But its still going to take a while for tesla to dip because elon's meme magic is still strong
>>1282819
>shorting anything run by the fucking subsidy/concession magnet
>>1282824
ASmallLoan.jpg
>>1282824
Those subsidies going to dry up when President Trump takes over.
I've posted here before about the situation involving my credit. Parents "accidentally" stole my identity or whatever excuse they had, messed up my credit. I'm looking to fix it before I move out/finish my degree/get a real job. Here's the details:
Credit score: 536
One account (Loan my parents took out)
Very poor payment history (Aforementioned loan).
Will it even be possible to build it up to a good score? I only have that one account, so I'm assuming having more lines of credit would help (a secured card or something of the sort). I already confronted my parents (who admitted to doing it) about it and they refuse to do anything to remove the bad line of credit from my name. I disputed it with Equifax as well and they rejected my dispute claim.
>>1280374
>they refuse to do anything to remove the bad line of credit from my name
wtf? so they did it on purpose?
>>1280389
They claim they didn't, but they also tried to cover it up, so I don't know.
I went as far as to visit the police station to see if I needed to file an official report in order to get it off my record, but the officer available wasn't sure, and I have a younger sibling that's years away from being independent, so I don't want to press criminal charges (if I even could).
>>1280400
do they want to stop you from moving out so they ruined your score forever? cause that's the vibe i'm getting here.
As smart technology quickly replaces labor, how will society need to change to prevent us going Mad Max on each other?
http://money.cnn.com/2015/05/06/autos/self-driving-truck/
https://www.youtube.com/watch?v=UtBa9yVZBJM
Governement can forbid the use of it if it would damage the economy.
>>1279640
>Using government to impede technological progress because it threatens jobs.
We're going to freeze all progress and say society is the best it can be right now to preserve poor paying jobs that people hate to do? That doesn't sound like a worthwhile solution on any front.
Oh, so you'd rather want your tax money to be spend on welfare because Kaneesha and Tyron are unable to find a job?
Wagecuck poorfag, 23 with 4K. I want to build out my portfolio, does this look legit?
About to be lel one-plate 40k salary.
>Take 401K if employer matches, otherwise Roth IRA.
>40% income: Mutual Index (S&P500)
>30% income: Mutual International Index (No idea whom to go with)
>25% income: Livelihood (Groceries/Bills)
>5% income: Alt Coin
Considering stocks in some technology index instead of S&P but no idea if that's wise.
How do I automate these deposits?
I read that I shouldn't fuck with bonds until I'm making 100K+
Real estate investment must be a meme considering the market? (Also big time/energy investment?)
>Wagecuck poorfag, 23 with 4k
Invest in yourself until you have enough to invest elsewhere.
Increase your income first.
>>1286963
How much is enough? I don't see why I shouldn't be automating this process now.
>>1286968
Depends if you want real money or you are content with wage-slave shit...
In my opinion, invest money in yourself (education, specialised skills, clothing, grooming, diet, gym, active hobbies) and possibly put something into high-risk ventures while you are young.
High-risk ventures can include making bets on the futures market or doing something legit like starting businesses with your money, borrowing money for real estate
With the above either you've invested enough in yourself to where you are seeing a higher pay check and can now build a portfolio or you've eventually started some business
I need advice /biz
I'm thinking on jumping into clothing business. Basically selling seasonal motoring related clothing. I have other guy he has contacts with factory that can produce this kind of clothing cheap, from what I can estimate 1/3 of the price of the products already on the market. He has also physical location to sell it. I can do online marketing and branding, and maybe some local selling. He has some contacts too which could work as a sale network. I'll be carrying majority of financial risk. Question is what to look out for in reselling clothes, and brand recognition? I'm a business noob. What questions should I ask this guy?
>Pic related
>1/3 of the price of the products on the market
No shit idiot. The other 2/3 is profit.
>>1286836
Sorry I didn't clarify. What I mean is that with a 37% profit margin we can still sell products at 1/3 of competitors price, problem might be quality thou.
>>1286836
Also higher profits come from better brand recognition and quality associated with it.
Why am I even wondering about this, well the brand thingie is important and people are willing to pay for it, for example some fitness model, starts selling some fitness related workout products and some t-shirts. initially he buy's shitrs from costco or whatever at bulk brands them with his stuff and sells them with 300% profit. Why I'm bringing this? Clothing is all about branding. Anyone remember kind of notorious Ryu clothing pump and dump waay back? http://www.ingrainedmedia.com/respect-your-universe-ryu-closes-the-door-on-mma/
/biz/, I want to start a hedge fund. How much money do I need for startup legal/administration fees?
In other words how much should I have saved before starting the fund (costs of living are irrelevant, only consider costs of doing business).
So far my guess is around $100,000. Thoughts?
Google you fucking lazy idiot
Why do you keep making the exact same spam thread?
At least make it fucking funny or over the top retarded.
Just literally reposting the same thread every three days is the lowest tier of shit posting.
how do people pay rent with minimum wage? if the state minimum wage is 9 dollars an hour, they'd only make about 945 a month, taxes not included. thats not enough to support one person. what the hell are they supposed to do? assuming they have a high school diploma/GED only and working Mondays to Fridays
Where did you come up with $945?
>>1286598
9.00 x 7hrs a day x 5 days a week x 3 weeks in a month
Well there's 4 weeks in a month, so add that in there as well as 8 hour work days to make it 40/hrs a week.