What app/program/whatever do you guys like to use for trading? Do you recommend any for your phone? I see a lot of reviews for phone apps saying they crash during peak trading hours and users that get buttfucked trying to sell at good times.
I'd like to finally start trading. My dad uses E*trade and he does pretty well with it, but I feel like that's the "normie" choice. What does /biz/ use on both computer and phone?
>>1241714
I have vanguard, robinhood and options house. planning on opening an etrade account soon. Vanguard is the best if you have actual money. Robinhood is best if your a poorfag and only investing $100 at a time.
I've tried opening E*Trade but the account creation always stuffs up at online credit verification. It tries to verify using a credit agency they themselves no longer use. They then send you an automated email a few days later stating
>"You requested a credit check from 'X', we no longer use 'X', we use 'Y' for blah blah"
So why the fuck are you trying to verify me with an agency you no longer use you fuckwits?
So i gave up.
Open an IB account if you have the money.
How do no name college dropouts manage to build billionaire dollar empires by getting extremely intelligent and high IQ programmers, scientists and engineers do all the work for them? I mean, you would expect these highly intelligent people demand higher salaries, but they seem quite happy earning 1/100 to 1/1000 of what a Founder/CEO earns.
I've tried to do the same but FUCK ME, hiring a programmer or engineer costs a fucking fortune. Even poo in loos these days think they're entitled to $25k salaries!
>>1241168
Doesn't he have a double masters in engineering from prestigious universities and didn't he stake his entire future doing low and high level engineering work, for next to nothing, developing a weird new money system for some silly nerd thing, that no one had ever heard of, called the internet.
>Yeah... he cheated his way to the top.
You need to learn how to program if you are going to make it.
>everytime Elonbro says he'll do something
>investors be against him
>tsla high volatility "not enough batteries"
>scty suppressed stock price "not enough demand for solar what are you charging batteries? huehue"
>poor husbando should be wiping with $100s
>he has to wipe with $20s ;_;
>no homo
the struggle is real op you don't even
Why are you not lending on Polo?
>>1241043
> pic related
>>1241043
Because I'm already lending on a dozen platforms in my national currency.
>>1241046
How much btc did you make in how much time and how big is your stash?
Okay guys, hands down, who of you is from the US and can say something about the existence or absence of grade inflation?
I will be honest with you, I want to work in the US. I am studying in Germany and have a decent background in quantitative economics and I am finishing my M.Sc. soon and I have interned at some very good banks, but how the hell are people from outside the US supposed to compete with the usual 3.3-3.5 GPA average requirements for internships or entry-level finance jobs?!
All the people I know from the US talk about how they have a GPA of 3.7, 3.9 and so on and they tell me its really not uncommon that people receive A's in almost all subjects. How the hell? These people are really not that smart at all. Yes, most of them study business and that is laughably easy but how is someone from a math or quant-econ / statistics background supposed to automatically achieve such grades?
Let me tell you how it is in Germany:
[1.0 - 1.5] -> very good -> A
[1.6 - 2.5] -> good -> B
[2.6 - 3.5] -> satisfactory -> C
[3.6 - 4.0] -> idiot level -> D
(...)
>>1241013
(...) cont'd:
During my bachelors in econ one of my friends spend all the fucking 3 years in the library with me, studying, studying and studying and in the end he graduated top of the class with a GPA of 1.6 which isn't even an A! Now, the quant courses in my MSc program return grades on average of 2.7 - 3.0 which is like C/C- with about 50% fail rates. I kid you not, I once had a 2.3 in an exam which is B, and I was the BEST in my class of 40 people. It is ABSOLUTELY extraordinary if you receive an A and that is only if you get the very best grades of 1.0 or 1.3, anything below is not an A anymore. And only about 1% get these grades, I among the top10% of my class overall and I had an A only twice. These grades are not uncommon in Germany for quant-econ / math programs when you go to decent schools. Some of my friends studied abroad at good schools in the US, they had around B-C level grades here, while in the US they passed pretty much all with A and A+ (they took the same courses the US students took).
I understand that engineering and science degrees are though everywhere but business and finance degrees seem to be devaluated so far in the US, that if I apply with my good (but not US-competitive) grades, and I don't account for this inflation, then I have no chance. Despite having Goldman Sachs on my resume. I simply just fall through the GPA filter system.
So tell me about it: does inflation exist or not?
The overwhelming majority of universities, US and UK, are nothing more than rote memorization.
I used to be a tutor and you can ace 99% of tests
The whole grade inflation thing is vastly overblown. The material has not been "dumbed down", but rather, it's been turned into a test of attrition.
How well you do is directly proportional to how much time you spend studying, ie memorizing your notes.
The difficulty of most classes comes from the sheer amount of information you are expected to memorize. This is what filters out most of the lowest tier student, but still lets the average/slightly below average students continue down the higher education industrial business so that they can continue to milk more tuition money out of them.
Women in computer science are a perfect example of this. I would tutor women who had near perfect grades, but they were completely lost when it came time to do or explain anything outside of their classes.
They could easily memorize complex material and regurgitate it back on a test, but they couldn't actually solve complex program problems because they didn't actually learn the material.
You're correct though, your degree, even from an Ivy league school, doesn't say much about the intelligence of the person. That piece of paper is required for employment though.
I've been in the education industry for 20 years. 10 of those in public education.
You can thank No Child Left Behind and Affirmative Action.
America's education system is no longer about teaching kids.
Our education system is now all about handing illiterate niggers a diploma so they can feel good about themselves.
Niggers can't pass Math and English? Dumb down the classes to remedial levels.
Give every nigger a diploma, so the government doesn't cut your funding... sadly that is the name of the game nowadays.
>tfw people are making crazy money doing illegal shit and getting away with it and you're just continuing to work like a wageslave pleb all day
Sometimes makes ya consider... dont it
Yeah.. you know everything's a tradeoff in this world. Nothing's one sided.
>>1240520
What illegal shit?
>>1240520
your conscience and paranoia will wear you down until you wish you had a wageslave job
not worth stay legal
What's your excuse for not yet being rich?
>>1240459
I'm stupid
>>1240459
I'm lazy and I'd like to think I'm building investment by being a wageslave.
>>1240459
born poor, in poor country, no connections, under 30yr old unemployment is about 45-50%
will move to western europe for work
The Dao is the first autonomous corporation on the Ethereum Blockchain
It's Service Provider is going to be Slock.it a smart lock based on the Ethereum blockchain.
is Biz buying into the DAO?
> what is the dao?
http://themerkle.com/the-dao-crowdsale-shatters-ethereum-funding-total/
>>1235797
>It is always good to see cryptocurrency projects doing quite well, and The DAO offers something entirely different than we have seen before. As we explained in a previous article, this initiative will make money through ingenious ways, which has attracted a lot of attention from new and existing Ethereum holders.
Wow. Donald Trump couldn't BS this hard. Still waiting on etherfags to explain why their shitty digital tulip is actually a valuable commodity that everyone will totally want someday.
>>1235808
Well I think the DAO is a good example. it's raised 20 million so far and picks Slock.it as its service provider. That SP builds smart locks which basically can be put on anything you have ensured and then rented out. Your house being the obvious first example.
It's built in Ethereum and runs on that network. IT's value is tied to the value of Ether, and its run by the people who bought into the DAO. So a company managed on the ethereum network.
Seems like a good idea
>>1235797
What problem does DAO solve exactly?
How is it good? Wisdom of crowds usually is not very wise
What are the best ways to minimize living expenses?
I want to reduce my cost of living to basically nothing so that I can live off of little labour/money and invest my time into the things that really matter.
Any advice for a Canadafag?
>>1234283
>What are the best ways to minimize living expenses?
Eat just enough to survive, never leave your house, only wear one outfit, only wear one pair of shoes, don't own a car, collect rainwater in buckets, steal toilet paper from public bathrooms, panhandle, dip your gum in cum so that it lasts longer with additional flavor
>>1234283
Housing is one of the biggest expenses incurred over a person's lifetime. Build yourself a tiny house on a trailer and learn how to repair shit on it, and make friends with someone who will let you plonk it on their land for free or next to it.
I'll start us off with a question:
When you're selling something small enough to fit into a regular envelope, like a coin, how do you ship it?
>>1228985
USPS First Class in a small bubble mailer.
>>1229123
Is that really it? Thats still like 3 fucking dollars
>>1228985
Well you can ship it via regular first class, but it will get you bad ratings and your customers will say they didn't get it.
$2.45 it is if you don't want to get fucked.
I used to be obsessed with investing, I acquired a CFA qualifications, interned at an investment bank, studied economics and was on my way to working at an investment bank.
Then I slowly came to accept the sad truth that few have been vocalizing in recent years: that the stock market is completely random and that no knowledge of the current state of the world can help you in picking stock whose price is going to increase in the future.
Just look at some facts: that the market beats 60% of stock brokers without fail; that most investors do not succeed year to year; that rolling a dice to pick stock is usually more effective than any statistical model.
The sad truth is there is nothing to investing. It's a gamble just like putting all your money on black. You win some you lose some. That's all.
Well, you can amortize risk by using index funds, but I get the point. However, stocks are not the only investment out there.
You can become very wealthy with rental properties, franchises, notes, bonds, etc. There is a huge list you can choose from and they all behave very differently.
>>1244602
And what does this have to do anything? Did this revelation cause you to stop your career and become a shut-in NEET?
>>1244608
Exactly - you literally have no choice but to invest in something. Otherwise, you're guaranteed to be financially wrecked
What's the best way to get a nice knockoff watch that makes you look professional.
>>1244444
you fucking faggot stealing this get for your worthless hist thread delet this!
>>1244449
just a question. go back to /b/ fag
>>1244444
gypsies, u'll have a chance to get a real one too
Calling a agent today. Found a quadplex that will make me 475$ per unit. 500$ goes into morgage. It cost 130k. Any thoughts? It's not in the ghetto. Sort of more industrial area. What should I expect ? FHA loan with a first time home buyers grant work?
>>1244383
Yeah, I'd take that shit anyday desu. Especially if demand for housing is relatively healthy.
>>1244399
I think 2-3 are currently rented out. It's my first investment property though
I wouldn't go for an FHA loan - the PMI is always a turd in the punchbowl and you can't get rid of it without a refi
Does more money really mean more problems?
>>1244345
Bigger problems (potentially), but less of them. How many people did you see cry in Bentleys?
>>1244345
It all depends on how you view money.
If I gave you $10,000 and you squander it all on stupid shit, then I can pretty much guarantee you will do the same if I give you $10,000,000.
Does this shitty fucking website even make any money?
I really struggle to see how. Seems like it would only lose money over all these years.
How does it still exist? (huge bandwidth costs) and WHY THE FUCK did gook moot buy it?
>>1244044
Fucking newfag gtfo. Go read the frontpage
>>1244048
What fucking frontpage are you even talking about? It doesn't say a single thing about this.
What should I do with all these coinz?
The second bitcoin halving is July 10
If you had 205 bitcoins, what would you do?
Lend them out