Archived threads in /biz/ - Business & Finance - 7490. page

>>1100174
Basically the economy was doing growing and banks were handing out loans left and right.

Since the economy seemed to be doing so well, nobody worried and people took lots of loans.

Loans proved a very profitable investment, especially real estate loans. You see, amidst all this lending and buying the prices of real estate went up and up and up! So lending to someone who wanted to buy a house was incredibly low risk. If he paid back, well he paid back and your profit was the interest. And if he defaulted, you got the house for which the loan was taken. By that time the house was worth more than the initial loan and thusly, you could make profit regardless of whether the debtor paid back or defaulted.

Then once banks ran out of low risk loans to give, they figured they could still keep making money by giving out riskier loans and disguising them as safe

There were lots of complicated transactions done with loans, and there were these things called CDOs. A CDO was a bunch of loans put together and then sold as one security. Basically people invested their money into investment funds and those funds bought CDOs. This is important, because now banks gave absolutely no shits whether the loans were good or not, ie they gave no fucks whether people paid back or not. They gave out the loan, and sold it as part of a CDO. The buyer carried all the risks involved with the loan.

It was like the hot potato game with a timebomb. It was obvious this shit would blow up, but if you were quick enough to sell the hot potato to someone else before it happened, you made profit and were off the hook.

Once the real estate prices skyrocketed to the roof and it became extremely fucking obvious to absolutely anyone how overpriced they were, the prices plummeted.

This fucked everyone over and soon people ended up with debts that were bigger than the values of the houses they were taken on. So if they defaulted, the would actually gain money.

>>1100200
And once everyone started defaulting, lots and lots of people with their money invested in CDOs, the real estate and whathaveyou lost the huge majority of it. Lots of banks went bankcrupt and those that didn't stopped loaning. All businesses dependent on loans for their everyday stuff we're fucked and had to lay off people to not go bust and still remain solvent.

So yeah once shit hit the fan everyone holding a potato lost, and as a chain reaction, others suffered as well.

Will China or commodity/oil loans go to shit this year and will it spark a similar crisis?

>>1100148
did you think the value of marijuana would really go up after legalization???

its just a plant. Over the next 5 years I would expect the spot price of a pound of marijuana to go down dramatically. you may one day recoup your losses if the marijuana industry becomes big enough, which is totally possible given that it was a 1bn dollar industry in colorado, but who knows how long that would take.

Everyone else thought they'd appreciate with legalization too.

The only thing that got high were the owners and govt income.

DUDE

>>1099805
>Torped
Haha fyfan Martin. Du kommer bli så jävla rik xdd

>>1099809
Några förslag på bra namn?

Have not decided yet, will eventually settle for a good title if I ever get it started.

>>1099821
"Fhürer, mäktigare än General."
Köp knäskydd och läppbalsam Martin.

>>1098844
bull trap

>>1098844
The market jumped on the news of the Russians and Saudis meeting for an oil discussion.

>>1098847
What do you think gold's doing? It seems pretty inflated right now too. Sell for a modest profit or hold for sick gainz?

Although it's wrong, you should then logically expect values to appreciate by 400%, the devaluation is only reflected in term of other currency but that being said QE is happening in eu and china so idk

>>1098440
There will be another recession in 3-8 years that will just be another good opportunity for young/inexperienced people to shift to a higher class. It happens every decade, and the reason it will never be "MAJOR!!!" is that there are plenty of people to exploit, both at home and around the world, to keep everything moving forward. On the other hand people think that a power outage for a few days or unusually bad traffic are tragedies, so you'll still be able to entertain yourself with "MAJOR" news stories about how hard life is for overweight Americans who can't find a sale that week or something.

>>1098459
3-8 years...

You're crazy. The recession is already here. It will be a long recession given the nature of the recession. We might be out of it by 2020 if govt. doesn't fuck shit up worse.

This one is going to be many multiples worse than the Fin. Crisis for people who are unprepared.

>>1098060
Internship above all

Do NOT let yourself graduate without one.

>>1098060
Start working asshole. There are a million others just like you. Get yourself an edge. Get yourself an internship.

>>1098065
This, experience is way more valuable than a degree these days. Internships are more important than actually going to class these days. Listen to this anon.

File: download.png (4KB, 345x146px) Image search: [Google]

4KB, 345x146px

0/10

>>1097918
>Is it really hard to make 30% profit 25 times?

yes

>>1097918
No, it's very easy.
Why, do you think, are the people on /biz/ so rich?
Literally everyone here has at least 2-3 millions.
All they kept doing was what you said in your post.

So I current have a Credit Card with $1121 being used and my credit limit is $1100 so I am over. I have an installment loan in which I owe $2770 to which I pay $200 a month but would like to pay it off sooner. I have a 401(k) Retirement Account with about $5000 in it so far (I am 22). I am able to take out a $1500 loan from my 401(k). I am thinking of doing this and paying off the Credit Debt and possibly pay off Installment Loan sooner but I wanted the advise of the general public before I go on with this.

Is that bra too small for those tits?

>>1095225
You are withholding too much every check for your 401k.

Change the withholding % and borrow the 1500 to pay it back then pay the 1500 back next month

>>1100170
Tell us more

http://www.forbes.com/global2000/list/#industry:Diversified%20Chemicals

>>1100173
Company A needs a list of chemicals at a set price, I need companies who I can contact and nagotiate a price lower than that of company A's asking price, so I make a profit. Tell me if you want the chemical list, if it will help.

File: cute animal trio.jpg (52KB, 599x427px) Image search: [Google]

52KB, 599x427px

Here's a cute photo of a cat a dog and a bird together.

>>1100181

That's lovely mate but it doesn't really answer my question(s)

>>1100167
Ideally you want minimal regulation for maximum efficiency. But that makes your country a shithole (CHINA THE LAND OF SMOG). So instead you can maximize your citizens comfort but slow development because you banned construction from 5pm to 10 am because it hurts people ears.

Best case is to keep regulations high and just export your dirty operations to other countries or states. (USA OR CALIFORNIA ).

OR EVEN BETTER keep you own country clean and sell completely unregulated garbage to others.

>And then they said "TO THE MOON"

"A 2-party system... 1990 and these people still think they have any control over what happens!"

>and then we said super PACs provide crucial funding for candiates to get their message out but have no influence Congress

>>1098556
i would rather invest in mexico than canada desu senpai

>>1098556
>I have good reason to believe the canadian federal government will cut them a big cheque soon.

Ok, why do you believe this?

>>1098611
Nvm, I know now

http://www.fool.ca/2016/02/16/is-bombardier-inc-a-buy-on-governance-change-rumours/

Interesting OP.

>>1097841
The cons is that you can't be a massive jew and just keep the profits to yourself.
There are no pros.

This can very cheap if it's a new company and you cannot afford a full salary such a position would command.

It's also a good incentive for employees to put a lot of hard work in.

Cons are that it is expensive once it matures.

>>1097846
Of course there are pros. They will work harder because they'll know why they are working for. Not to mention they'll be happier and respect you more...

File: ALPHAFAP.gif (2MB, 393x289px) Image search: [Google]

2MB, 393x289px

shameless chick bump for profits

File: pimp.gif (1MB, 152x152px) Image search: [Google]

1MB, 152x152px

100$-100K confirmed

File: britishlaugh.gif (2MB, 500x209px) Image search: [Google]

2MB, 500x209px

>>1099617
>with minimal risk

>>1099511
No and no. While index funds do not require any active management by the investors, indices on a whole are still actively managed ie apple and the DOW most recently.

>>1099511
What kind of index funds are those?

>>1099511
People keep making this silly argument against index funds. It doesn't make sense. Index Funds don't distort anymore or any less than regular funds do.