Archived threads in /biz/ - Business & Finance - 7372. page

>>1164738
There have been a number of films on this.
Subprime CPOs get packaged together to form A,AA, AAA.

People take out multiple shit loans for no reason, 2007 comes around and millions of people cant repay.

Banks sell these holdings asap, millions of people lose their jobs and homes. Like one person goes to jail for it.

I'm paraphrasing here but you get the gist. Watch Margin Call, The Big Short and a few documentaries on it.

Take a look at Australia right now. Exponential rises with no fundamentals.

>>1164748
Inside Job is good too.

>cut your hair
>wash your face
>put on a suit
>???
>PROFIT

its not hard to make yourself look good on linkedin m8

I'm told that I come across far more impressively than ass lickers who brown nosed and yes manned their way into their jobs. Then again I'm murrican and our work and social culture is very different.

>>1164692
It's not just the picture, also the description of their past work experiences and achievements make up the profile

>>1164671
it does if you minor or double major in cs, or if you go to a top school. i studied applied math at a shitty state school and make $35k/yr doing manual labor on swing shift because i can't find any better jobs. going back for my masters in accounting so I can get a real job.

>>1164687

If I do a finance degree with a minor in mathematics at a target school

>>1164693
you'll probably be able to get a great job but talk to people at your school and see how the alumni have done.

You aren't saving a high enough percentage. Also, you need to be finished paying for a house by retirement age, or you will need extra money to make up the difference.

http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

>>1164676
This assumes your costs in retirement are the same as your costs during your working years.

Marry a rich Chinese heiress and find out. You're obviously into them.

They work hard at jobs an hoard loads of cash. They normally save in one big family unit to amass all the monies. They are not like us.

>>1164641
>SFW Board
>Nudity

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>tfw you had a good thing going and then lost your top buyer

Thanks for reminding me why I don't sell on ebay.

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>>1164595

If it's a chargeback it will take a while to be resolved (1-3 months). You'll just have to hope Paypal does their job, make sure to check for emails if they want you to upload anymore info. There's really nothing you can do...

Where do u go to school

I'm in med now (first year) and there are a number of pharmacists in here who are absolute bossing it. Having a solid grasp of pharmacology gives you a huge advantage if you wish to later take that route

The problem with pharmacy is that the debt has gotten out of control and the good jobs are harder to find.

It's not uncommon for pharmacy school tuition to almost match the price of most MD programs

Just like with law, you better be really committed to it and/or have family already in it.

If you just fuck around and expect a cozy job to land in your lap, then you're gonna be up shit creek while you wage slave with 200k+ in debt.

>>1164297
/biz/ shameless bump, not one anon doing some fundamentals here?

kill yourself faggot

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>>1164326
fucking /pol retards and cryptofags took over the board completely.

>>1164252
>imagine google but looser
Sounds pretty sexy. Will it talk dirty to me?

>>1164252
whats the question?

>>1164254
>filthy
>>1164275
>im high

But, folks, talk to me, here: who's onboard with this? Finance & members are needed. Would you come live (for very, very little rent) in an arcology working towards the future?

you pay for them, run them as if you ran a.. Food... Business. Why wouldn't it be? Would you be a business man if you owned a floral shop? Or a bank? What about a law firm?

>>1164101

In order to be a "business owner", you must own a business.

Think about it and come back in a few years.

I think about it like this: if you own a franchise or rental properties (commercial or residential) then you're a different kind of business owners. You have a business model already worked out for you basically by blue print, but you have to defend that shit. In my city the local franchise/commercial property owners have lobbied the city to effectively keep out food trucks that could compete with their businesses. They have to stay on top of that shit, so they have a different set of obligations than, say, the guy who opened up his own Mexican restaurant downtown and has grown them into a small chain of local restaurants. He's worried about his business model and margins, you're worried about keeping out rival developers and businesses.

>no meme cryptocurrencies
Do you think you look more mature remaining a deprecated ignorant granpa?

Buy Bitcoin right the fuck now with all of your money, and then report back in 2 to 3 months. Screen cap me. Im making a folder with all the idiots that lost an opportunity to make some good gains, you can be in the list of non buying idiots if you want.

>>1164091
I actually wished I had screencapped all the bitcoin posts the last couple years. They would have been funny as shit to read now.

>>1164091
Is throwing everything into bitcoin a super safe bet or something? What are you expecting to happen and why ?Educate me.

You need to put a face to your resume, by actually talking to people. Networking is worth more than a piece if paper lost in a stack of pieces of paper

>>1164061
Thanks.

dropped hundreds of CVs, maybe thousands, every job was through networking... don't even bother anymore... just have something lying around in case HR clucks need a piece of paper against the file when I get hired...

Buy ETH

>>1164060
>ETH
???

>>1164063
Electric Theoretical House

It's a whole new genre dude.

>>1164012
bump for interest

efficient market hypothesis has never been disproven in any meaningful and replicable way, but insider trader is a way around it - advanced financial disclosures, M&A transactions underway, shit like that

>>1164016
>efficient market hypothesis has never been disproven in any meaningful and replicable way
Hows your Mickey Mouse pancakes and sippy cup breakfast, you child? Did the Easter Bunny bring you any jelly beans?

>>1164018
>random verbal diarrhea
80% of mutual funds underperform their index, so tell me again how some random people on the internet will do better than professional full time ivy league money managers with Bloomberg terminals?

Are you the same kike looking to move to St. Louis in nigger center?

>>1164009
What? No lol. Just a random dude in Alabama. Was looking at cheap properties and came across tax sale stuff and it got me thinking...


Plenty of developers around here made money buy buying historic or older housing when it was ghetto for like $500-$2000 for gigantic run down 5k sq ft houses and turning them into duplexes and plexus and shit.

I just want to try some DIY gentrification and get some random lands in the industrial areas to fuck around on.


Seems fun you know? If I can just mail the city like $250 and now have a nice chunk of land with an abandoned warehouse on it lol.

Or in ghetto areas buy up blight (often the houses are literally falling down, 0 value structures) then demolish the house, salvage what I can and just keep at it until I own the neighborhood.

>>1164007
Not familiar with Alabama, but definitely check the relevant state and municipality codes. If all goes well you're right, great 12% returns. If things don't go well though, you may end up responsible for foreclosure proceedings, and depending on the law, the owner may be entitled to auction proceeds minus your cut. Also should check if subsequent tax liens get priority over yours and if you have an early-bird opportunity to grab subsequent liens and secure your interest.