Archived threads in /biz/ - Business & Finance - 7505. page

Do your own research, never let other people handle your own money if you want to keep it.

That is honestly the best advice you will ever receive on 4Chan. Now fly, little one and grow into a beautiful butterfly.

>>1093933
so you mean no managed funds or any vehicles of any kind?

>>1093931
start with the S&P500

>>1093675
>"Virtual coin"

Lol no. Its a cryptocurrency. Very much real, not virtual. And no. ETH is bitcoin 2.0. Messing with shitcoins is like playing with toxic waste. ETH is the only game in town.

>>1093677
so it's like runescape gold but worse?

>>1093700
No it's nothing like runescape gold. Runescape gold is a virtual currency.

Ethereum is a real cryptocurrency.

It's relevant. Do you play Dota 2?

>>1095548
lying is a requirement

>make a friend with somebody your dad's age
>get him to play pretend boss
>create work experience
>put him as Manager
>he covers for you

Been doing this with a good friend since I was 19. He's 50 and always has my back. I loaned him $50 to pay off a hooker's pimp and we've been best friends ever since (I'm 22 now). He got me a $19/hour job working for a Property Management company. I had no experience and didn't know what the hell I was doing.

>>1095348
Internal transfer? No, it's routine. Transferring to someone else or a different bank? That'll be some sort of signature required.

>guys can i handle my money without being arrested
LAND OF THE FREE

>>1095348
no, they already know you have 50k with that bank. you can move it around within that bank all you want.
now, if all of a sudden another 50k were to come in without good reason, this may trigger some suspicion.

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>any year ever
>thinking a bet is an investment

I hope you're trolling

There's a /bet/?

>>1095346
probably /sp/

>>1095227
Apocalyptic economics?

Literally doesn't even beat the s&p on average

Great investment bros

>>1095280
lol retard

He should just brand himself as the millennial version of trump and get into real estate/ reality tv

>>1095038
It's a troll. Shkreli isn't stupid enough to buy Bitcoin.

>>1095058
Is hating on Bitcoin in 2016 a /biz/ meme or are you guys still this retarded?

>>1093947
I watched the fight and it was purdy good. Skipping the goo tube, that much is obvious.

I thought about funeral home biz but there looks to be aggressive cartels already in operation. I wouldn't invest in Big Pharma on principles. Investing in an old folks home is a sure bet I think, then again if a big plague comes rolling through, like Black Death 2 or whatever, old people are kill. In that case maybe general corpse cleanup or something.

This webm is amazing

>>1094245
Look into green cremation. And equipment suppliers.

>>1093560

Just bought one.

Gonna smash it with a hammer, throw it in a big barrel, and melt the barrel.

case is 41.5 grams of 8ct gold, paid $350 cash.

Worth $550.

>>1093563
Genius right here, gentleman.

>>1093564

Not hard to do the math.

Watch is 100+ grams

Case is 41.5 grams of 8 ct gold.

41.5 times .93 (refinery cost 7%) x spot pricw = 512.80

I'm gonna melt the fucking thing if I don't sell it for 500+

>>1093372
it was a prank bro

>>1093372
oh shit its real, lol BTFO

>>1093372
hahha what a fucking idiot

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>>1091384

>>1091387
this is gonna be in colorado ya dolt

>>1091398
still illegal federally, goy :^)

try r9k

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>>1094894
Yeah, jocks do finance degrees. Lucky you one upped them by getting a quantitative degree.

You did do that, right?

the whole point of LinkedIn is to suck yourself off. work on yours for a bit, take a nice profile pic, spin your accomplishments a bit, and you'll be up there with he rest of us

>>1094770

Paying your taxes is the best way to evade the IRS dick.

Unless you are rich enough with rich enough friends to do a shell corporation boondoggle through the islands.

And you aren't, or you wouldn't care about cutting taxes because you'd be rich enough that you could own a modest home and live there for the rest of your life without a concern.

>>1094936
Nah I wanna run do a lot of expensive projects.

I'm looking for legal tax evasion, shit like hedge funds and binary options, but less meme.

I guess my only option is all inning third world shit holes, hoping my assets don't defualt, then transfering money via assets and using minimal amounts of actually currency.

>>1095193
how much capital do you have

He said he had $53m in personal debt. He didn't say anything about what his personal net worth is, or the value of his businesses.

>>1094490
I didnt feel like researching it, but it just seems so deceitful.

Like you borrow 53 mill then buy an asset worth 53 mill while you still own it and then cry about the 53 mill debt....

if thats the case are people really falling for this?

>>1094500
Many famous people fall into the trap of letting yes-men manage their money for them. I suspect that's what has happened here. Kanye went around spending money, every time he called his finance guy to see if he could drop $10m on something he was told "yes, no problem" and the result is a huge amount of spending financed by debt.

My guess is that this happened to Kanye, and eventually he reached a level of debt where he couldn't borrow much more and his finance guy had to come clean about the situation. I don't blame him for being angry, he probably had no idea about the debt until it was too late.

Rich people need someone who can tell them how much they can spend a year/week/day/hour and can stand up to them. That's hard to find, though, and if you let your ego get in the way you'll just end up firing a person like that and replacing them with a yes-man.

>>1093702
text books will get you more milleage than the lol-tier rec's you'll get here.

>inb4 dale carnegie, robert k, and napoleon hill

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>>1093702

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>>1093739