Archived threads in /biz/ - Business & Finance - 7237. page

>>1261798
I have a family member that just graduated from a top law school with great marks. He studied alot, read alot. I don't think you could get past it with great marks unless you genuinely enjoyed learning about law considering how much shit you have to go through.

He became a lawyer, but, never worked as one. He went in to banking.

Try to grab internships or work experience, there are so many law kids running around.

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>>1261798
0/10
would not recommend
if i could go back i would of picked a hard science or got a doctorate in econ

>>1261811
>He became a lawyer, but, never worked as one. He went in to banking.

Why would he do that if he studied and worked hard to earn a Law degree ?

Did he get tired of it ?

>implying anyone's gonna let you throw 99 million dollars in the shitter

You have to pay interest on money that you borrow, that eats into your returns. It's doubtful you could find someone willing to lend you 100m for a rate of less than 1% when your plan is stick it in a money market account or something.

Also, you're not going to average 1% a week. No way. If you averaged 1% a week that would be almost 70% return over a year. Nothing will ever return that much on a consistent basis.

>>1261787
>Am i missing something that i dont understand?
Plenty.
First, ask yourself why everyone else isn't doing this?
Unless you believe this hasn't been thought of already, you're making the assumption you're just that much smarter than the rest of us.

>>1261712
> Is there a mandatory book(s) for learning about trading cryptos?
Hahahahahaha. Oh you.

>>1261712
>btfo assfucked because it's all a scam
not all scam some are but you can even trade them and turn profit.
what you have to understand about cryptos is basically they are a gray area not regulated and certainly you have no safetynet.
you can lose everything you put into them overnight.
and also same as with metals if you won' thave it in your hand (wallet) you don't own it. if you have a crypto balance somewhere it doesn't mean jack shit you can lose it any time as it happened to many fags.

have fun with them it can't hurt.

but with that salary you could actually make nice returns with safer investments. crypto is more for poorfags with nothing to lose.

>>1261722
The other option I was thinking was since I just rent and live in a studio apartment (it's all I need since I'm not getting married or having kids, just too cynical about modern western women/laws), maybe I should take my cash and good credit and get into running apartment buildings, living in one of the units.

I know that's work, but I'm able-bodied and not a fat fuck, so I don't mind doing physical work to maintain.

What put me off was mostly the doom and gloom I hear everywhere about such plans and RE in general.

>>1261643
>non-american
>knows trump has not unveil his economic&financial plan yet

Specifically American companies that have outsourced manufacturing.

It feels like everyone is still in denial about the possibility.

>>1261643

I highly doubt there will be much correlation between what Trump does after he wins, and what he said or promised before that.

He's in the race to win it, and he'll do or say whatever suits that interest.

Still hope he wins though

nobody wants to share their insight?

Of course nothing notable has changed.

I don't want to sound egdy but I'm slowly converting my savings into Ethereum.

Interest on my savings account is 0.6% now, and the government still pretends like it is 4% so the capital tax I have to pay each year is bullshit.

>>1261616
>don't want to sound egdy but I'm slowly converting my savings into Ethereum.
Ahahahahahahaha. Holy shit.

>>1261466
Because rent is insanely high and they think that they too can get rich without any actual effort.

>>1261466
what city are they buying in?

Because millennials are idiots.

>>1261405

Welcome to the shopkeeper's eternal struggle. Inventory management, hope something sells, rinse and repeat ad infinitum.

>>1261405
you need to import to a country with low vat and then buy the stuff there since it's an eu country you pay the vat there.

for example i buy silver from estonia as it is vat free there and since i live in an eu country i don't pay any vat on silver.

>>1261405
an other option is to order from alibaba or something and simply ignore the regulation you get free shipping and the items will be labeled to not cause suspicion. to certain value threshold you are vat free and tax exempt for imports.
and basically lot of webshops use this loophole. they order in stuff and they sell it for 10 times more. huge profit margin.

on the other hand huge risk you can't be sure what you get until you got i heard some horror stories how orders get mixed up. chinese really don't give a fuck you won't go there to slap them silly. so you have to order in the stuff keep a stock and then resell it if you don't want to burn yourself.

>>1261400
Considering you aren't bound to a location I'd invest in a city that's still growing. Not necessarily a capital. Plus I'd prefer to buy two properties for that money instead of one to spread the risks.

I'd also invest in a place that I could easily reach to take care of matters. That said, you posted a picture of Amsterdam. Here in the Netherlands you do have businesses that can rent your apartment out for you.

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>>1261407
Do you know what are the taxes on renting in Amsterdam? Are the laws pro landlord or pro tenant? Thanks for the reply btw. The more I do my research the more I am leaning towards Amsterdam. Any good neighborhoods you can recommend?

>>1261400
City of London. Prices will only rise in the financial capital of the world. Just make sure to buy the property in a good neighbourhood.

HTC, if you're able to invest on chinese market.
They make the valve headset. I'm pretty sure Valve will sell tickets to see major e-sports events in VR soon; then the sky's the limit.

VR adoption isn't going to be mainstream for another decade. Niche adoption for high-end PC users maybe, but even then it's at risk of completely destroying itself since the userbase will be so limited due to such small adoption, that content creators won't see viability in pursuing it.

It's the same reasons video game developers went for building WoW clones for a decade plus, instead of pushing the limits. When you live in an economically-declining/depressed Western world, the gameplan for business is to cater to the majority and their shrinking -- not growing -- bank accounts; not pretending they have cash to invest in an Oculus Rift / Vive system.

>>1261624
I think it will be quicker than that. You can get a decent headset for £40 now.

>>1261300
>is Wordpress the best way to create a site today
No?
If you mean for a lone-wolf who barely knows any code then sure I guess.

>>1261304
It's actually a group of about 4 people workin on this project and I know html, Java, Python obviously and a little bit of C (not much) but I don't have the time with work, it's more of a side project

I use Wordpress for my site with my self made theme. But I merely want to present information.

If you want a more interactive site then using Wordpress is possible, but coding it yourself will give you a lot more control over it. I've found Wordpress to be highly restrictive.

I think most business owners didnt know how to code before starting an online business. They just started doing it using the book-on-lap method.

>>1261286

1. Invest all of it in index funds and wait 10 years

2. Invest all of it into a high interest savings account and wait 40 years (increase amount deposited to decrease time needed to acccrue capital)

3. Just earn more money. 50K is good, but not enough to start your 1 mill journey. Just keep trekking and you'll get there.

>inb4 etherum

>>1261288
Is $90 to $100k enough?

>>1261232

What's Regulation T?

What's a 90 freeze?

>>1261238

You can't sell stocks that you bought with unsettled funds until the original sale clears (3 trading days from sale date).

90 day*

>>1261241

Yeah that seems like a stupid rule. Especially if you got a tip on a quick spike and want to make some profit before the stock goes back down.

>analyst
>Goldman Sachs
...
>advantage

Are you retarded op?

>>1261193
>even as a guy that doesn't really get you anywhere in the business world by itself.

try being ugly as fuck.

I mean its not as important as it is for women - like you cant just coast on looks but decent looks for a man is huge in business , add a dash of nepotism and you can be vp 2 years after starting

>>1261193
try r9k

>>1261178

Of you want a good piece of /biz/ literature in the same tradition as Hayek read "Economics in One Lesson" by Henry Hazlitt. It is the most straightforward and simple explanation of basic economic phenomena and debunking of common economic myths that exists. Some of the chapters are literally less than a page long. Keep in mind, it is a general primer that was meant for the common man. It has no math, and no footnotes or citations, just explanations in terms the man on the street can understand.

RTS was more a political and social critique than an economic book. It has some very good sections criticizing the politics of the UK in the day, and some good observations on how Fascism and Commnism emerge from democracies that feels a lot like Virginia School Public Choice economics, but it is best read to help understand what kinds of debates on these things were going on in the society at large at the time. Just following the footnotes was pretty interesting DESU. Hayek was mos def a great writer.

>>1261235

>Of you want a good piece of /biz/ literature in the same tradition as Hayek read "Economics in One Lesson" by Henry Hazlitt

Thanks, I've heard of this before. Maybe I should have mentioned this in the topic but I have an undergraduate degree in economics. I don't feel like I learned very much (read: anything) about the views of specific economists though because it was mostly a bunch of math. Thus, I wanted to read some books on the topic.

>>1261178

Nassim Taleb

Well?

>>1261148
>>1261321
no you deserve to lose your money

>>1261333
Why? Because i didnt invest in your silly stocks?

You know anyone can create a company and issue shares right?

Its never ending and a total mugs game, at least cryptocurrencies have a limited supply. And are harder to create