Archived threads in /biz/ - Business & Finance - 7250. page

>>1255336
>bachelor's in Business Administration
>(oops)
why?


Also you fucking idiot youre supposed to entrench yourself in nepotism circles around the city through staff at your school. i thought people realized this by now that positions are achieved through nepotism and not certification

>>1255341
idk, it wasn't anything specialized, like marketing or finance.

Also,
>job opportunities
>community college

>>1255341
How do you do this? I start college full time in the fall.

>google

>>1255319
>google

>>1255319
>google

keep getting confused and keep at it. it's just another trading method. basically, keep an eye on the 3rd friday of every month and pick a stock that has options in dollar increments. i dislike higher increments

It's literally just legalized gambling. A side bet.

What's so hard about it?

File: 1427244875628.jpg (37KB, 500x497px) Image search: [Google]

37KB, 500x497px

>>1255293

I work as options trader @ HF and have extensive past experience from banks and prop trading companies.

It's simple: options are a complex matter and not meant for retail investors. There are some who are able to make consistent profits, but those are VERY rare (similar to the ratio from startups to unicorns, or college grads to nobel prize winners). Most of them have a past as professional trader and very deep pockets, too.

For starters:
>Learn about the greeks.
>Try and read McMillans book "options as a strategic investment".(There are downloadable pdf's, just google it)

If you grasp it, you might get a picture. If not, just accept the fact that this might not be the suitable asset class for you.

And no, I can not give you a "5-sentence canterbury-tale secret sauce" that leads you to everlasting perpetual profits. Simply because there is none. Also stay away from paid tutorials and classes, courses or workshops of any kind. They're either scam or useless. Sometimes both.

Becoming a succesful (options) trader takes lot of training and time. But first and foremost: MONEY. You will make mistakes while learning, and making mistakes while trading costs money. That's simple. And I'm talking amounts a bank can easily handle, but that will hurt you and could possibly lead to bankrupcy, taking margin calls and stuff into consideration.

I don't want to discourage you, but I think it's fair and important to let you know that option markets are though and really not made for anyone.

>>1255273

Open an online account. If you want access to everything, interactive brokers is an option. If you just want a low cost broker, use something like schwab or ameritrade. Every time you make a phone call to buy or sell you will be paying the highest rate to do so.

Depending on who you use, how much you invest, etc. you may even get a number of free trades per month.

>>1255273

What was the shit advice he kept giving you?

I ask because if he wasn't willing to handle leveraged ETF's maybe he was trying to protect you from yourself.

>>1255273
>> What's the cheapest way for me to buy and sell stocks by myself and not get eaten alive by fees?

robinhood, or something of the sort, free trades

>>Do I still need to go through an investment firm? I don't know if this is common sense to some of you, but my old method was to just call my stockbroker and tell him to buy/sell my stuff. How can I do it myself?

Just do it yourself

>> Is there any easy way for me to buy or sell stocks directly with bitcoin?

Not that i know of

>> How can I ensure that my trades are processed as fast as possible when they hit the market?

There is always a confirmation screen you have to approve to trade, just make sure its what you set the price at. Also, use limits if you're that concerned, works just the same.

>>1255266
Have fun with halfening

>>1255266
By the time they arrive and are setup they will be worthless.

File: 1457842863637.jpg (225KB, 532x713px) Image search: [Google]

225KB, 532x713px

>>1255377
Well It's a hobby
>>1255406
How come?

schizophrenia

Ur The security Guy isnt it?

They R going to feeel like that.

File: retire by 30.jpg (32KB, 537x304px) Image search: [Google]

32KB, 537x304px

mad gains

>>1255226

That's an almost meaningless graph.

>>1255204

Prokofiev

My nigga

>>1255102
Tldr?

>>1255102
Yah, that should be fine. But I'd just be concerned about the lack of savings. My ratio is currently 37% after tax. It was 60% while I was living in San Francisco (which was not fine btw).

I'd just ask yourself if its really worth it. Is a nicer apartment really worth the extra $8100 a year??

Personally, I'd want that savings number at about 15+ grand before I'd consider moving.

>>1255102
I make slightly less than you, pay a couple hundred more in rent. I think you should stay where you are unless it's unbearable, but if it is try not to go too far past 900/mo. don't fall for the luxury apartment meme, I'll lose all respect for you, and you will for yourself.

Nocoiners... they never learn.

File: image.png (1MB, 955x741px) Image search: [Google]

1MB, 955x741px

It's so over for bitcoiners

T. Ethereum

File: 1463598635591.jpg (82KB, 1024x576px) Image search: [Google]

82KB, 1024x576px

>>1255048
Jesus Christ BTFO, I would be embarassed to be a nocoiner

>>1255042
Yes....*Chima .....you know... the Chimese

The feds are fucking retarded. They should implement negative interest rates.

File: 1390447488580.jpg (84KB, 620x349px) Image search: [Google]

84KB, 620x349px

>>1255042
Charge you to keep money in the Banks? Or just charge other banks to keep money in the FED bank?? .
Fucked if I know how it all works!!

>Fed keeps lowering interest rates
>negative real interest rates
>economy blows up
>BILL CLINTON YOU ECONOMIC GENIUS
>Greenspan forgets the brake pedal
>asset inflation out the ass
>pop #1
>in order to recover from this recession we need to lower interest rates to boost the economy
>here we go again
>pop #2 Housing Market Boogaloo
>in order to recover from the recession we need to lower interest rates to boost the economy
>it keeps happening
>please stop

The economy has been shit since 1987-88ish

The DJIA is probably overvalued around roughly 100% right now. Its maybe worth 10,000, possibly lower but its valued at around 20,000 right now.

if the economy is considered good by the majority, that's a pretty good indicator that we're in some sort of bubble and it's about to pop.

life is about misery - it's unnatural otherwise.

>>1255060
>interest rates
>stopping a real estate bubble

Didn't Sweden try that a while ago and tumble into deflation because of that? I'm trying to find source but google is a nigger and is just giving me things about their now negative rates

>>1255033

You'll want to kill yourself

>>1255033
I work in a call center. It fucking blows.

>>1255033
If you don't mind being yelled at and have thick skin I say go for it. If you aren't sure of your mentality I say don't even bother. Worked for debt collection, answering service and sold bibles over the phone. It's all pretty much hostile.

>lost $800 on bitcoins
>gained $300 on ethereum
>cashed out $700 on MGT

You're not that bad off mate.

>>1254897
Trains leave without you every day; there's no way to catch them without luck.

Every day there's some penny stock out there that doubles in a few hours and then shoots back down again. No use kicking yourself for not riding the pump and getting out at the perfect time.

>buy and mine Bitcoin starting from when it was sub-dollar levels
>nothing to show for it except for lots of drugs
>buy Dogecoin at 62 satoshi
>sell at 79, completely miss the bubble
>buy MGT at $1.42
>sell at $1.72 on Friday, completely miss the bubble
How do I stop being so conservative? I never lose money, I just pull out too early. I see the prices skyrocket and I start panicking

>>1254884
Do something that makes you happy.

>>1254884
No. The future of oil doesn't look good.

Engineering market is going to be flooded within the next few years.

Every other high schooler that's graduating wants to get into CS or engineering

A decade ago the big meme was biochem, but it's a shit market now

"So I have contracts with media providers and the whole platform is built. based on the earnings of these other comparable services, broadcast.com com should make you X dollars"

>>1254881
>he thinks dot com bubble start ups were sold based on earnings

>>1254873
I wouldn't be surprised...

The only company yahoo got lucky with was Alibaba