Archived threads in /biz/ - Business & Finance - 7569. page

Litecoin is in the slow process of dying.

When chinese people finally catch up with the news they will dump the fuck out of it.

Ethereum is the only crypto worth investing in right now.

>>1076046
This. Everyone on /biz/ is buying Ethereum. We're making millions out here because nobody knows about ETH yet.

>>1076046
>>1076071
How the fuck am I even going to know if this a meme or not? Someone break it down for me because I am stupid.

this is why people do insider trading.

>>1075972
How does insider trading work anyway?

>>1075973
you work for Lowes.

you call me and tell me Lowes is going to buy out Rona so buy a bunch of Rona stock.

I buy a bunch of Rona stock.

We get caught and both go to prison for a long time.

>>1075943
It's an MLM so 99% of people get scammed and make under minimum wage and maybe a small percentage make anything resembling a real wage.

Your dad's expertise and supposed skill could be earning him way more in other sales jobs.

>>1075967
You are talking out of your ass. Selling insurance is the ultimate sales job. The commission is super high and the job is very simple. The issue with WFG is that the recruits are kept ignorant of the fact that the person recruiting them gets most of the money from the sales they do. If they work with a proper financial company or a brokerage instead they would get to keep a much higher percentage. What his dad is doing is terrific.

>>1076206
>The issue with WFG is that the recruits are kept ignorant of the fact that the person recruiting them gets most of the money from the sales they do. If they work with a proper financial company or a brokerage instead they would get to keep a much higher percentag

How is that not what I said?

>>1075893
Welcome to finance. This is called diversification and is extremely important in creating a portfolio. What people do is pick stocks that have low correlation with each other (different sectors, markets, countries) so that if one drops, others wont follow its path

in casino you know the rules and they never change, its a static system where you know the bounds.

the stock market is a chaotic system where the rules change and the bounds are unknown so the same math doesn't apply

>>1075949

This. Think of it as a poker game, with established rules. Only occasionally another poker game on the other side of the world affects the rules of your game. Or armed terrorists storm the game and shoot up the deck. Or some of the cards spontaneously burst into flames. Or...

>>1075823
System is glitchy as hell. I'll put in orders and come back to find they haven't been filled.

>>1075825
bid ask spread ya mongoloid

Put a limit order a few cents above/below what you're buying/selling for.

>>1075827
i lol'ed pretty hard at the mongoloid part. Yea im new to this stuff so yea....it doesnt matter to me really. When I eventually have enough capital to invest in the market, it will be with money i could give two shits about, so i dont care about losing it

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>>1073498
look at dat upside

>>1073498

Where do I get sexy chart software like that?

>>1073498
Looks like the last rave party i went to.

Be a good person and call the bank explaining to them there was some kind of mistake.

>>1071921
Send it back.

Talk to your local bank about it

If you really don't know the person, then it was either an accident or some kind of scam being set it.

If it was a mistake, then you are morally obligated to correct it

It could also be drug money and fuck your shit up.

A large tax refund means you gave the government an interest free loan because you were too lazy to adjust your withholdings

The mantra of the poor is celebrating their tax retund

>>1075952
>adjust your withholdings

speak english please

>>1075952
Do they even let you adjust witholdings at poorfag jobs? I assume some corporate office just sets default rates

>>1075860
Neither. The way to do it is to invest $25k per month over 48 months. Only a dumbass goes all in.

>>1075877
The math is wrong, but this is otherwise shockingly sane advice -- especially considering the present market conditions.

I'd do it closer to $41.5k over 24 tho.

Op you should invest only 50$ on a lemonade stand and make about 25 a day.

And invest the rest on stocks.

>>1075832
For women? Cosmetics. Cheap, light and easy to ship. Good luck trying to get into the niche though.

>>1075836
Yeah thats the thing, hard to get a name for your company with so many competitors...

Subscription boxes have extremely low profit margins. Check it out.

Anyone?

>>1075818
Sell it and pay off the debt.

>>1075841
So take what I can get for it and pay off the difference?

>>1075794
Considering the brain drain, possibly never. Countries don't develop over time, its men inside them who develop them continuously.

South America: leaning in towards capitalism so around 30-50 years.
East Europe: soon if it doesn't get burned down by rapeugees.

>>1075794
If the West gets its way and imposes austerity then never

>>1075681
Btw I'm poor so this will help a brother out, this is the only solution I can come up with

>>1075681
If you came to biz more often you wouldn't be a poorfag. Lurk moar

>>1075681
if you have the card info than any retailer can run a debit card as "credit" presuming its from a real bank (visa logo)

>>1074577
Yes it is.
All "multi-level marketing" businesses are pyramid schemes.

I did for a bit because I talked them into waiving all fees. Its shit and all the people act like a cult. I got them to pay for my certs and moved on to an actual company.

meme

>>1074577
absolute shit. my cousin got sucked in to that. i tried so hard to convince him not to, but he did and dragged his wife into it with him. he embarrassed himself on facebook. tried to get involved in our family members financials. he wasted a few years, friends and family talk shit about him, and hes out about 35k.

the golden question i always asked was if it was so good, why didnt they have advertising like normal and small locations everywhere in strip malls. why did they have to approach people and meet them at starbucks. that was basically proof it was shit and could never get a straight answer to that one.

NETE 2 DA MOON

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Join up faggots, we catchin green themes in this bitch

I'm so glad I didn't fall for the ASTI meme