Archived threads in /biz/ - Business & Finance - 7683. page

>>1038906
>(not including fees for trading and such)

it all works fine in caramel candy land

Fees and commissions, plus the possibility that your stock never goes higher than you bought it for (which is higher than you think)

>>1038906

You need a minimum of $25k on deposit in order to make more than 3 trades a week.

Read a book on day trading.

You'll need an app developer.

Let me warn you though: They're massive tools.

you need to either build it twice natively using XCode for iOS and Android Studio for Android or use a hybrid platform like Apache Cordova or just build out a website and make a mobile friendly layout.

I'd highly recommend the last one.

aren't you supposed be good with money?

>>1038903
Well I'm quite thrifty, my family are poorfags so I probably get it from them.

the best thing you could do is probably convert it to swiss francs, but that is difficult and expensive so I guess US dollars would be better?

File: Stressed-Business-Woman.jpg (674KB, 1000x727px) Image search: [Google]

674KB, 1000x727px

>>1038825
>be me
>be now
>have many great ideas but not a clue as to how to do them
>mfw

try r9k

You're never going to make it.

>>1038799
Pretty much. I held my contract for 500,000 dragon d****** to maturity and now my whole house is decorated with the stuff. Luckily I live in SF so its the most progressive house on the block ;)

>>1038799
>Do I get a phone call asking when I'm going to pick up my 2000 barrels of oil and 3 tons of corn?

No. Your brokerage will qualify you and make you post "margin" at vastly higher amounts until you say fuck it and get out of your position.
To take delivery (or make it) you have to sign agreements and prove you have the capacity to take or make delivery at approved points.

Other than that do research via Google on "commodity markets" and you will learn what you need to learn, Grasshopper.

>>1038816
So what happens to the commodities with all these home traders when they get into a bad position that nobody wants to buy? They forfeit their margin to the person selling the physical commodity, and that entity is free to resell it?

I have a book called microeconomics and behavior that's alright. I guess it would help.

>>1038772

I guess you want to join as M&A? To get in there is really difficult if you don't have a finance background. You need to fully know accounting, corporate finance, financial markets, financial valuations, m&a procedures and a large etc.

It won't be easy. People who don't come from a finance related backgroun have more chances as traders. Don't want to demotivate you, everything is possible, but it won't be easy. And btw expect a big focus on the question why a law students wants to change to finance. And the answer better don't be "because of the money". It's has to be a very credible story.

>>1038807
I'll look that up, thank you.

>>1038832
Not necessarily M&A, although the legal background would probably be a bit useful there.

Trading I could look at too, but I've no idea how people get good at that before starting the job.

Money isn't the issue, lawyers make decent money here too, starting salaries are bigger than for bankers actually.

Finance just seems much more rewarding and competitive, something that I think I'd like in a career. I started my law degree with the intention of not practising in my field, I simply liked studying it.

Bumping because why not.

google you fucking faggot

>>1038764
Cheers m80 :^)

You dont litigate on such a small loan, too expensive. It's literally roulette with people. You sell your bad debt when you get it, which you will. The most important aspect of this is location. You build your biz in a state with friendly laws, in a fairly well to do town. Your better off with title loans, as you then have security.

The fee is deducted from the fund itself automatically, you never have to pay anything.

At least that's how it works over here in Europoor and I assume Amerifat is the same.

>>1038679
I'm looking into something like this too, of course it depends on the country. But as far as I know, you could just write any contract between the company and your heirs that you wanted. Pay less than taxes in rent, pay for any maintenance through the corp and use the fact that it lost money as a tax shelter...

Before you do too much planning I think you'd want to talk to a tax lawyer of the country you want to do this in. They could advise you better than I could.

Gonna bump this thread a bit actually as I was asking /biz this exact thing a few days ago. The hivemind's creepy on Reddit, but out here I find it fascinating.

>>1038679
An idea I had was to make it not a standard corporation but an educational institution. I think that might be better for tax purposes, but also possible that the 'education perks' get yanked if the student loan bubble bursts and people get fed up with degree mills. Any thoughts on that, likeminded Anon?

self bum
help a poorfag here /biz/ :^)

>>1038701
*bump

also here's the list of uni that government scholarship cover (at point 4)

lpdp.kemenkeu.go.id/wp-content/uploads/2015/03/Daftar-Perguruan-Tinggi-Tujuan-Beasiswa-LPDP.pdf

>>1038674
Something with import-export. Supposedly Indonesia is the next China, so yeah start selling shit to dumb amerilards so that they can resell it to dumber amerilards on amazon/ebay/etsy.

Start selling those d... tubes people in Papua wear on their d's. People in San Francisco would love you.

He owns a percentage of Southern Wind.
Southern Wind owns a stake in Lumetherm.

That show sucks though.

>>1038663

>what is kneepads

>>1038665
Not bad, not quick enough either.

>>1038653
I guess my 2nd question is, if oDesk was my main freelancing website to use 3 years ago, is Upwork the main one to use now?

Ammo