Archived threads in /biz/ - Business & Finance - 7473. page

>>1101379
I'm interested in day trading advice too. Bump.

1. VOO
2. Wait

buy the dip

Manager directly above you

>>1104634
>>1104679

New here, huh?

>>1104543
op what automaker are you working for?

I work for a t1 supplier and am planning on going back to school for a Mech E degree and hopefully get on at the manufacturer

>>1104548
I'm at a T1 supplier as well. one of the big 3 is the dream if investment banking doesn't work out. Are you in Michigan?

>>1104543
its a lot harder to switch than people will tell you, not only is landing an ib job as a non finance/eco major very challenging, but having it not be your first job out of school is even more so. ibs hire out of school, and they hire out of internships. both of which you already missed the deadlines on.

there are so many fucking people who think they can just walk into ib with a random stem degree it blows my mind, you watched too many movies

It depends on how much you intend to invest in it, also time-wise.

If it's just a couple hundred dollars that you dont mind losing you can do what you want. But if you have to set uo a business, get a loan and and so on you should consider and overthink the situation carefully. So there are no surprising that you havent considered. It's mostly a tool to aid you, but also a means to sell your business to others.

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>>1104459
What do you want to model exactly?

>>1104491
Basically preparing shit like models for transactions, including valuations, cashflows, debt, maintenance costs, etc.

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>>1104510
I'm sure you could find a textbook on that stuff, I'm sure there's some course materials floating around too. Tried some google?

Save for 30 years and then try again.

>>1104399
>>1104399
Open up a roth-IRA with vanguard. Put like $5000 into any index fund. SP500 is one

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>>1104399
Cheapest and easiest way to start trading stocks?

-Google online brokers and compare.
-Pick the cheapest one and sign up.
-Transfer funds from your bank account to the brokerage house.
-Research a stock you think might go up.
-Buy that stock.
-???????
-Profit.

>>1104256
>hi guys, pls help with my pyramid scheme

not advice but okay

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>He fell for the get rich quick meme

You are an idiot.
>hasn't taken the SATs at LEAST once by the spring of junior year
>2.4 GPA in high school of all places
>incapable of Googline "how do I become a personal trainer"
>thinks dropping out would be a good idea

Get the fuck out of here and get your grades up before you even think of a future career. With a 2.4, no college is ever going to accept you.

>>1104162
>"Hi, I'm fucking retarded"

You're already qualified to be a personal trainer. Probably over qualified tbqh. Seriously

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>be me
>11 yo
>tough as fk
>control all the swings
>u wanna swing?
>better go through me first
>some bitch, probly 10yo, asks if she can use the swing
>i say that she can, if she trades me 1 chocolate bar
>i was fat (kinda irrelavant but w.e)
>she gives me the chocolate
>i look at my lacks (lackeys for u plebs), they know what to do
>she didnt get to swing that day, if u know what i mean
>her friend calls the feds (aka mom & dad)
>timetorunigga.jpg
>i take my business overseas
>dont have to bother with that swing tax
>bretty gud tbqh with u senpai
should have expanded my swing business but i guess it would have been kinda hard as i had to be lowkey for 2 years

Is swing trading literally just trying to time the market? What tools do people use for it?

>>1104092
Recently: Biogen, Regeneron, Intercept Pharma and Amazon.

5s bars.

My average trade lasts about 45 seconds.

It would be more appropriate to call what I'm doing Scalping than swing trading.

>>1103744
Ive been looking into this myself. I would go to your local coin/bullion dealer and ask roughly what their buyback prices are for various types of metals. I was just gonna buy bars/rounds since they're cheaper, but you also get back less when you sell them. The gold eagles/silver eagles are a bit more expensive, but dealers will usually give you at least a small amount over spot price for them, while you might get less than spot for rounds/bars. I haven't bought any yet, but making sure you have a proper place to sell them if need be is key i think. Also, you can sell to apmex, or other sites, but it would be a pain in the ass, plus shipping, plus risk, etc..

>>1103746
I see it more as a trophy. Holding a valuable asset, others than seeing numbers on a screen when you check your vanguard account, so selling on APMEX is not a goal for me.

Which brand corresponds to gold/silver eagles ?

>>1103748
I was looking to mainly hold long term too, but you never know when you might need the money, or if it looks like gold gets way overbought you might want to sell.
Gold or Silver eagles are minted by the us gov and are technically currency with a face value, although the value is nowhere near the metal value so no one really cares, but they are more "official" and popular, and people tend to trust them more. Not sure if you really care about all that, but the buy/sell spread on the eagles i think is slightly smaller than on generic bars/rounds- but that all depends on where you sell them. you will get over spot price when you sell eagles, at any reputable dealer, not sure if you'd get spot, or slightly less, if selling bars/rounds. But if you wanted to just hold forever and look at how pretty they are, some nice gold bars would be pretty good, and slightly cheaper.

>>1103612
too many regulations to make food
better to partner with an established restaurant for this type of thing

I thought the same thing. At first I figured I'd make the food from home and just send it out to people. But then there's a million problems with that. I thought the same thing actually.

I'm sure bringing in more business to people wouldn't be a bad thing either.

First thigs first, learn yourself some basic arithmetic.

If you save half of your money(which can be hard depending on your lifestyle may be VERY difficult) you may come home with 100k in 2 years.

Nobody can save 100% of their salary(taxes etc).

It is very dangerous work, not just due to the long hours.

Why not do it for one year, buy a duplex, and then go back for another year if you feel it necessary?

>>1103378
I know I wont be able to save 100%, but I've read a lot of companies provide you with living quarters and give you $50 a day for living expenses, which is more than I spend right now.

So are you familiar with working in an oil field? The pay is as good as they say?

>>1103364
>Do oil rig workers really make $100k a year with no experience?

When oil is 30 dollars a barrel they make zero. When they were dying for people maybe a greenhand could make that much, but your going to be working those days off more often than not and think 14-16 hours a day not 12.

Getting hired on as a green hand now would be a fucking miracle considering how many experienced hands are unemployed.

>>1102865
From engineering, you might be best off going into machine learning.

>>1102865
Have you tried not being a filthy weeabo?

>>1103407
Yes, I'm concerned about machine learning but why kind of financial job do you recommend for an engineer?

>>1102808
They can steal my gold because I had it melted down and injected into me like wolverine.

Nothing.

This is a ridiculous scenario.

You can think of anything with Alex Jones like this.

>What if you're not actually alive and you got attacked from behind while walking home one night and hit your head on the concerete and are now in a coma and everything that's happened for the last 2 years was just imagined by you

>What if you work hard all your life to earn millions then all of a sudden there's a zombie apocalypse and all money is worthless

>What if you train for bodybuilding your whole life then you lose your legs in a car accident and a brick falls on your head and gives you brain damage

>What if I buy my favorite new car but then it explodes as I'm driving it and the wheels fly off on the highway and I die in it

>What if the floor in my house collapses as I'm walking and i fall and die on day?

Referring to labor unions if anyone is unclear.

>>1102780
They were needed like 100+ years ago when workers were falling into meatgrinders, falling off buildings and little children were dying in coal mines

Now they just want more gibsmedats and bully anyone who doesn't meet their ridiculous demands

There's plenty of potential abuses in how they're run, but unions are often absolutely necessary to create a level playing field for labor negotiations. Capitalism assumes some degree of equanimity between buyer and seller, and unions help ensure that remains true for collective wages.

You can't believe in capitalism without believing in unions.