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Archived threads in /biz/ - Business & Finance - 7631. page

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So I'm starting my apprenticeship in tax advisory on February 1st. Any tips? Anything I should expect?
If someone's curious about the recruitment process, I'll answer questions too.
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>>1051790
my mate interned in corporate tax advisory at ey and he said its really just a lot of reading and filling out forms at the junior level. Whats your background?
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>>1051903
Law and Finance & Accounting double major. No experience in tax.
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>>1051943
Nice, from my experience its really about cultural fit and managing expectations. If you are not a total autist you should be fine.

What's the cheapest, yet healthiest way, to eat? I live alone so I have to buy all my food.
89 posts and 10 images submitted.
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1. Find a grocery that sells things in bulk bins.
2. Label whey with the white flour id #

No cashier in the world will notice the difference.
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My biz lunches

>bulk quinoa
In bulk it's cheap as hell. Not as cheap as a 50 lb bad of rice, but it's still almost free and it has much more nutrient value than most cheap grains

>costco roasted chickens
They sell these as a loss leader. It us the cheapest chicken going most of the time ( even if you factor in the membership)

>whatever frozen bulk veggies are on sale


I pick the chickens, freeze half and store half fot imminent use.

Roast the picked bones and make them into a chicken stock. Cook the quinoa in large batches in chicken stock. Freeze some and keep some. End up with leftover stock too.

Then I package up quinoa, chicken, and veg in a plastic container like the ones you get from alot of take out places. Like a 4 by 7 inch plastic container with snap on lid.

This is a well rounded meal and it's very cheap. Not as cheap as rice and beans though.
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>>1049168
No OP, but thanks anon. Great advice and sounds yummy as fuck.

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Is robin hood app a scam?
11 posts and 1 images submitted.
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Short answer

No

Long answer

Yes
>>
Medium answer

Maybe
>>
pans too hot and you need more oil faggot

Hypothetically , I'm to get a 15% to 30% in 15 to 30% (1day 1%) from a ponzi scheme. I do get my capital back with the interest. (Example, I put $100 for 15days. I will get back $115).


What's the best method to earn from that ?
4 posts and 1 images submitted.
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>What's the best method to earn from that ?

To not be the last investor.
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blackmail the person doing the scheme
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>>1054900

Assuming it doesn't collapse within 6months , keep it rolling with the profits and just take out the capital ?

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How to make 2000€ in one week?
16 posts and 2 images submitted.
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sell rare wojaks
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>>1054375
suck dicks
or
>buy memecoin
>sell it for blowjobs
>aquire herpes
>sell herpes to the herpes store
>>
dont you 404 on me yet you fucking cancer bread i want to see moar shitposting

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>not realizing all investors are directly in competition
>taking advice on shares and stocks from anyone who has any

the amount of effort put into misleading investors is what makes the game, anyone giving you advice is either going under or ripping you off

and no oil is not going to rebound any time soon
saudi cartel is driving the price down to put foreign competition out of buisiness, they figure if the margins fall dramatically only the ones with the highest output will survive; and they know demand won't shift because the petrol giants will just pocket the savings

but I think other countries are cottoning onto saudi tactics and will invest in their oil production regardless of poor prices, knowing the saudis will drive prices up with another war when their competitors in shale and sea oil go bust

but then something awful will happen, too many producers will mean the saudis will loose control of prices and not be able to lift prices by reducing output, investors will panic and we will see an oil crash where oil becomes a national protected resource like water, not a traded commodity
7 posts and 1 images submitted.
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Does this mean you are lying to me and oil is going to rebound? Thanks, but I'm already long XOM and VOO.
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>>1054132
I don't see why anyone would short in a commodities market to be frank, maybe I'm an ignoramus

seems to me like a poker game, the house of saud always wins
>>
Whether we're in competition or not depends on our investment timeframes.

My concept of a long term investment is 7+ years. For others, long term means two years, or even just six months.

Success for the short term trader depends on the daily course of sales. Success for me means owning a fundamentally good business.

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we need a new /biz/ group. who's in?
14 posts and 2 images submitted.
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fuck off /biz/
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Make a group on TOX. Easy to use and secure desu.
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>>1053489
can we organize a pump and dump?

anybody down?

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WHEN WILL YOU PEOPLE FINALLY REALIZE THAT THIS IS WORSE THAN EVER BEFORE
http://www.cnbc.com/2016/01/15/a-recession-worse-than-2008-is-coming-commentary.html
>Banks may be better off today than they were leading up to the Great Recession but the government and Fed's balance sheets have become insolvent in the wake of their inane effort to borrow and print the economy back to health. As a result, the federal government's debt has now soared to nearly 600 percent of total revenue. And the Fed has spent the last eight years leveraging up its balance sheet 77-to-1 in its goal to peg short-term interest rates at zero.
>Therefore, this inevitable, and by all accounts brutal upcoming recession, will coincide with two unprecedented and extremely dangerous conditions that should make the next downturn worse than 2008.
>First, the Fed will not be able to lower interest rates and provide any debt-service relief for the economy. In the wake of the Great Recession, former Fed Chair Ben Bernanke took the overnight interbank lending rate down to zero percent from 5.25 percent and printed $3.7 trillion. The Fed bought longer-term debt in order to push mortgages and nearly every other form of debt to record lows.
>The best the Fed can do now is to take away its 0.25 percent rate hike made in December.
>Second, the federal government increased the amount of publicly-traded debt by $8.5 trillion (an increase of 170 percent), and ran $1.5 trillion deficits to try to boost consumption through transfer payments. Another such ramp up in deficits and debt, which are a normal function of recessions after revenue collapses, would cause an interest-rate spike that would turn this next recession into a devastating depression.
26 posts and 3 images submitted.
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>It is my belief that, in order to avoid the surging cost of debt-service payments on both the public and private-sector level, the Fed will feel compelled to launch a massive and unlimited round of bond purchases. However, not only are interest rates already at historic lows, but faith in the ability of central banks to provide sustainable GDP growth will have already been destroyed, given their failed eight-year experiment in QE.
>Therefore, the ability of government to save the markets and the economy this time around will be extremely difficult, if not impossible. Look for chaos in currency, bond and equity markets on an international scale throughout 2016. Indeed, it already has begun.
>>
>>1053195

Not ready yet.
>>
They can, and will, go to negative interest rates. This will coincide with the banning of cash, and further erosion of our privacy and other rights.

Negative interest rates will save the economy's ass, but at what cost.

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Well biz I did it. I started my own small business with a friend of mine. Registered with the state and formed an llc.

Its computer repair and there is virtually no competition and we plan on doing other things like web development and app development and several muses we have had over the years.

We rent a space my family owns and have little to no overhead besides the rent and utilities.

Any advice on how to raise more capital and how we can be successful? Anyone else in the same business that can offer advice?
10 posts and 1 images submitted.
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WHOAAAAAA

APPZ!??!?!
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>>1055739
my wifes parents do this, charge hourly for things that dont take hours - if they drop the computer off you can squeeze a little extra dosh out of em

do housecalls (old people)

resell old parts, and although youll be ripping people off do extra stuff "oh I installed this anti virus software for free!" <- even though its a free anti virus and all you did to their comp was download and run it

do that and theyll give you "broken stuff" that you can resell

they make crazy good money like 6 figures with a little storefront
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>>1055739
>we plan on doing other things like web development and app development and several muses we have had over the years
Sounds like failure. You should focus on one service at first, especially if you don't have big marketing budgets. Getting clients is incredibly hard, and the hardness gets exponential the thinner you spread your offerings. Focus is key for you, and for perception. You will always make more money by focusing on a drilled-down niche than by offering everything under the sun.

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When will be a good time between now and this summer to buy a large volume of Euros with Canadian dollars?
4 posts and 2 images submitted.
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Looks like you plan to buy high and sell low. You will do well on /biz/
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>>1055714
Suck dicks to crash the eurofag and syrupfucks markets
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>>1055714
change to usd

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>2016
>not being me

I honestly feel bad for you.
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Oh boy, 1600 whole dollars?! Man you're so lucky!
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Wow OP, you almost have $2,000!
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>>1055620
i have $10, can u tch me op?

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I am a Kiwi.

What stock on the NZX or the ASX do I need to buy to take advantage of these crazy low oil prices?
7 posts and 1 images submitted.
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>>1055189

US here, so I'm not familiar with NZ companies. But look at major suppliers to oil refiners or the oil refiners and producers themselves. But be warned, it might not be until 2017 that oil prices rebound so make sure whatever company you invest in has a strong enough balance sheet to whether an extended time of reduced cash flows.
>>
Origin Energy.

Don't buy Santos. Santos will either go bankrupt or be taken over for less that what you pay
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Didn't origin just have a mini-bounce? What's the views on BHP? Are they fucked?

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I'm here to learn and better myself
TEACH ME!!!

(assume I'm starting out on my own)
-jobs?
-banks?
-personal finance?
-beginner investments?
14 posts and 2 images submitted.
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>>1052767
>i'm too retarded to use google.
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>>1052768
guide my google's
-terms?
-topics?
-books?
-documentaries?
>>
>>1052775

"jobs"
"banks"
"personal finance"
"beginner investments"

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So all I have to do when I'm done my bachelors in MechE is pass a CPA exam and then I'm automatically an accountant? No business degree required?

How hard is the exam?
2 posts and 1 images submitted.
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>>1055653
Very hard.

Without a background in accounting you will not pass. You also need a certain amount of hours working doing accounting shit. (Some of this is waived with an accounting degree, check the CPA website of your localality)

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So /biz/, what are some signs of a terrible boss?
12 posts and 1 images submitted.
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>>1055481
>Constant changeswith little to no communication with workers. Example: customer comes in talking about new special you never heard of. "But your boss just announced it today".

>"Why aren't you doing anything" When you are busy as hell, I get it. But if you have been dead for like 5+ hours and he still brings it up, he's a greedy fuck

>Puts shit customers over employees. That guy who just called and said you were a worthless piece of shit is a faggot. If your boss still wants to be all customer service, then you have a boss that will be more than happy to fuck you over for a penny.

>Talks like being employed at their job is the best thing that could happen to you. Like the same shit you hear in the military on how it's such an honor, how you'll be respected by everyone, not everyone could do this job, and so on. Though this is more for low-tier jobs.


All I got ATM
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>>1055481
Are you asking because you might have a horrible boss or because you might be a horrible boss?

Generally from the perspective of a worker:
-Micromanagement
-Vague requests
-Obvious favoritism
-Poor distribution of workload e.g. you have 70 hrs of work to do your peer has 25.
-Showing visible anger when it doesn't serve a motivating purpose
-Ignoring the input of their subordinates
-being unavailable/not following up on blocking issues
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>>1055496

Could have condensed all of that down to one thing

>Boss if female

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