Archived threads in /biz/ - Business & Finance - 7503. page

>>1094594
just sign up for one thru your isp... are people really this stupid?

>sage
>report

>>1094601
Yes they are. My isp would make me have [email protected] not [email protected]

>>1094594
You can do it with gmail

False dichotomy. You seem to think that the existence of stock picking idiots must mean that you can take advantage of them by getting better deals, profiting from their dumb trades. However, everyone trades at market price. That's not the mistakes that stock pickers make.

The mistakes are (a) timing, and (b) fees.

Fees are pretty obvious, and you can't profit off them without opening your own brokerage or advisory firm.

TIming is more subtle, but it goes back to the fact that you cannot beat the market. The market, by definition, is buy-and-hold. The market (measured by the indexes) never buys and never sells ... it's a continuing bundle of stocks that benefits from the inherent positive bias of GDP, technology, etc. It goes up regardless of the individual stocks in the bundle because of external changes in demand, efficiency, demographics, etc.

In contrast to the unwavering market, stock pickers make emotion-driven buy and sell decisions, and constantly enter and exit positions at suboptimal times. People try to time the markets, "buy the dips," "wait it out," and all other forms of self-delusion that drive them into suboptimal trades versus the market/buy-and-hold. As such, the average investor drastically underperforms the market -- by 4-8 percentage points every year, according to the studies.

So while you can't beat the market, you CAN beat the average investor. Easily. How?

1. By mirroring the market; and
2. By keeping your fees as low as possible.

In other words, by buying low-cost index funds and holding them for the long-term.

>>1094089
Market price is created by the millions of idiots. You can absolutely take advantage of this.

Telling yourself that you're special or the rules don't apply to you and that you're not one of those millions of idiots is the fastest way to failure at anything in life.

>>1092915
i wont tell ya its a shit idea but i will tell you to try your best not to get into debt

>>1092915
wow, great moves op, errbody know about aliexpress in your home town, even the 9yo's, people will find out eventually you are another worthless extra "agent" they don't need to pay extra. IF you open up a small store, you might even pull even with the rent. gl

>>1092927
please elaborate

>>1093519
I know it's not the most unique idea. That being said, I do think that I will be able to attract customers since I'm going to put a lot of resources into branding and also my target customers will be people who most likely don't know about aliexpress and if they do they will gladly pay a little bit extra to get the product shipped from their home country and customer service in their own language.

It would be great if someone could offer some tips or criticism that actually is constructive instead of "hurr OP's gonna fail".

Chasing bitches makes you seem desperate.

Having money means you're successful. Women want a dude who can handle their shit.

Be a responsible adult and the pussy will naturally follow.

>>1092425
Women who've been riding the cock carousel since they were teenagers and are ready to settle down to sponge off of some poor successful cuck will do this, then divorce him and take half the shit he worked for.

Women: Not even once.

When ever I need sex I just go on backpage and get a prostitute they are pretty sexy here in LA

>>1091765

As in, if I wanted to buy a bale of cotton today. Where do you buy that?

>>1091765
What game is that?

>>1091792
it might be a sid miers game. if i spelled that right, same guy that made roller coaster tycoon

>>1091720
Don't invest in Europe right now. A lot more has to happen for them to get back on track.

Invest in US markets, they are depressed due to China/Oil right now. I was considering putting money in JPM, but I got fucked with how much it went up.

If China shits itself on Monday I'll buy in as well as putting some money in SP500.

Overall I'm up 1.4% YTD from holding lots of cash and picking up some gold indicies effectively offsetting my losses on the market.

Trying to make the most rational decisions I can. Try not to go in on Europe.

As for Asia, I think Japan needs time to fall and you won't see a recovery in China until Japan starts to stabilize.

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Not sure why I post my portfolio on a Cantonese trading card forum, but okkay

>TFW running out of money to keep investing every month so soon will be getting hit by $25/quarter maintenance fees for not executing 3 or more trades a quarter

Am I fucked?

$100 a year in fees isn't so bad... R-right?

>>1090568
the advantages of free trade aren't obvious like the loss of jobs because they happen slowly and benefit so many people at once

it provides things like overall prosperity, cheaper goods, more investments, higher quality of living, higher productivity

look at protectionist countries and you will see economic despair across the board

>>1090568

It helps developing countries pull themselves out of poverty...then they start getting into advanced industries stealing even more jobs

>>1090568

It provides cheaper goods. The downside for those 1300 workers is felt as a much smaller upside for every one of the company's customers. The increased investment in Mexico will boost the economy there, and help to open up their market to American (and other) companies. Overall, it generates growth. Increasing globalisation has coincided with the largest fall in poverty in human history.

The downside is that shareholder capitalism increasingly has a tendency to suck money away from the middle classes and into the hands of the few. It can have a severe impact on the people left behind, and that's where government comes in with taxes, benefits, education and training. What it has to make sure it doesn't do is engage in growth and competition-strangling protectionism.

What you are doing on the computer, designing things with autocad is considered "specialized".

This earns you more money.

Doing heavy lifting, or manual labor is considered "unskilled" labor.

This earns less.

You're not lucky, you just decided to pick up a skill that is payable.

>>1087309
welcome to the real world

>work in a restaurant all through college
>graduate, get a job as an analyst
>finish all my work in a few hours each day
>spend the rest of my time taking 20 minutes to get coffee, browsing the internet, IMing coworker friends

pretty sweet

A degree serves one and only one purpose, which is to give you credibility on paper. Whether it be a business card, resume, or ad, it only tells people that you have a formal education in a subject.

A formal education is mandatory for wage cucking. For a self employed person, it just makes you look more professional.

90% of jobs that require a college degree could be learned with just three to six months of on the job training.

>>1096024
>It's your psychology that's the problem

It's far more likely that you're just in business doing something which either:
1) there is no market for
2) there are far more established players and so you have little to no marketshare opportunity.

I'd suggest really carefully evaluating what you bring to the table before jumping into another venture. Basically, if you can't sell the idea to venture capitalists, you probably won't be able to sell it to consumers either.

Sorry to be a debbie downer, anon, but that's how I see it.

>>1096024

What was the business....

I have started 3.

If a business is not earning you a profit in 3 months it's time to call it quits. I started one and after a month it had not earned me anything so I moved on to something else.

Every business I started was low investment though (under $2,000).

>>1096024
start a business that makes money not a business thats fun to run

heres a quick check , would you do it as a hobby? then its a shitty business idea

does running the business feel like work? closer

Bump?

>>1095873

Truck stops (retail at truck stops have ridiculously high turnover) and fast food.

Work for yourself. You will make more money, and have more flexible hours. Lawn care or anything outside in the Texas heat. Take pride in your work and you will be rewarded. Just do not cut yourself short when pricing. You are worth every dollar.

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the man HATES white people yet he is asking mark Zuckerberg for a handout

>>1095872

Isn't Zuckerburg broke now? He gave away all his money to charity

>>1095869
Dude fuck him, I'm sure he has the assets to pay it off. He can eat my fucking ball cheese.

Its a decent way to start an online business.

>>1095855
I'm starting one soon and it looks like the costs are gonna add up pretty quickly, shipping, storage, insurance, packaging, manufacturing, manual handling, it leaving me little room for profit. I need to know how to increase my profit margin without going 100% Jew on my customers

>>1095861

The issue with ecommerce is that there is no barrier to entry, anyone can do it, so the margins are razor thin

>>1095748
Lonnie deals

>>1095748
I make about $4,300 per month after taxes. $400 goes into 401K (up to what's matched), $500 goes into personal stocks, $1,000 goes into savings for a condo/house, $1,900 goes to cost of living, and $400 is blown on actually living out my youth or tossed into savings/stocks.

>>1095748
I help move the economy by paying $1 to random people to suck my dick

>6 months
I hate this kind of """""""investment""""""""" competitions. Short term stock picking is not investing. It is trading or plain speculation.

>>1095724
its only for fun senpai there's more to the club than this

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>>1095726
>>1095720
clubs in uni, what are you some fucking normie?

>>1095499
>tell some guy i work with (intern at a bank) that im interested in working for a public accounting firm
>he says he knows some accountants and will email them
>next day i get an email from a partner at the firm and says hes known my contact for years and respects him etc.
>day after that get an interview for an unlisted position with the firm
>by the end of the week get emailed an offer letter

it is most definitely who you know.

>>1095499

Do you know why normies have jobs and you're a broke dick neet shitposting on 4chan?

It probably has something to do with the belief system

The more I learn, the more I realize it's who you know.