So I was working in Japan for a few years but I'm now back in the US.
Theres a law in Japan that says you have to close your bank account if you move out the country, so I shut it down and brought all my savings back with me. The problem is the yen is doing really shitty currently so I didn't want to convert it to dollars. I also don't like just having a pile of cash sitting around at home. What are my options in the US?
Its not a massive amount (about $3000) but its still something
>>1037820
There was a similar thread recently, see if it's still up. You can wait for a reversal, or something about bitcoin and precious metals? I don't know.
>>1037820
Safe deposit box at bank?
Cash it in and deal with it?
Give it to a Japanese friend?
Hate to say it OP but I don't see the yen recovering against the greenback any time in the next decade
Either convert it now or just hold on to it as spending money for your next trip to Japan
Hello-
I've gone from NEET and part-time employment to recently being employed full-time. And not just full time, but I'm going to be expected to be putting in about 60hrs/week between working and studying. Pretty crazy, right? The job is good, and the money is great. It's just the time that's worrying me.
how do you do 60hr work weeks without going insane? thanks /biz/.
>>1037793
As a NEET you will want to fall back to your old habits whenever it gets tough. Don't cede an inch, establish a routine that incorporates good sleep and exercise, and follow it every day. Routine is absolutely critical to actually being productive and not losing time like posting on 4chan.
I'm a filthy day-trading scalper who's turning up a profit.
AMA
Teach me senpai
Do you do drugs
?
>>1037716
not yet. Still can't afford it if I decide to feed an addiction.
Hello /biz. Freshman in college here. Should I continue to learn Spanish? Does Spanish help at all in business in the modern times? Will it push on my journey to stop being a poorfag? Insight into Spanish in the business world please. Also, should I learn Chinese?
>>1037658
Spanish couldn't hurt. If you work anywhere in Cali florida or Texas it will be useful.
Chinese takes a lot more time to learn. A friend of mine majored in mandarin and lives in china and still has some challenges with it. But for banking or business it might be the stronger choice.
Be honest with yourself though, you're too fucking lazy to learn a language. English won lad, savor the victory don't make life more difficult than it needs to be
English is the language of bushiness. Its not going to help much unless you're going into something specific.
however, most people waste enough time watching TV to learn a language. If you have the creative energy its certainly a better way to spend your time than most leisurely activities.
>>1037684
I live near Silicon Valley (attending Stanford). How is Spanish for the tech industry?
Hi /biz/,
Long time lurker here who wants some advice regarding Forex platforms, I mainly want to know what is the best (by best I mean hassle free) website/tool to start doing demo trades without having to go through silly shit and phone calls
Also, since there I didn't see one last I checked
>FOREX Thread
Bump for interest
>>1037655
Plus500 takes like 2 minutes. You can Google that shit and come up with 1000 results which all fit your needs
>>1038382
Thanks for the tip, Plus500 looks pretty good. Ill be checking that out for now
Can white men who are born into poverty, don't have any disabilities, don't have any kids, and work minimum wage apply for any form of welfare?
MXC is such a great show
>>1037576
Food stamps and obamacare (healthcare.org). That's it. You can get free condoms and testing at planned parenthood or your local department of health, too. There's also the food bank and churches that give food away.
The rest is pretty much fend for yourself.
Prove yourself as a responsible worker in a nigger infested city. Get promoted to manager in a few months when you are the only one who shows up regularly. Might as well be the lottery
Does anyone here own an Ammazon Affiliate business? What's your niche? Any tips where to start?
>>1037550
People aren't going to spoon feed you when you ask general questions such as "What's your niche?". No one is going to openly give away what makes them money.
Here's my current goal
I want to earn £20 an hour
(minimum wages is £6.50)
this means that if I work a full week I will be able to provide for my family without them needing to work at all that week
I want to do this by with my own business so I have a few questions:
1) How do you control how much you earn in a company if you are the owner/ceo? Can you even control your earnings when it's a larger company?
2)How easy is it to get a subscription based business going? I ask because using a subscription model I could simply package the same service to a billion people which cuts down on my work time per sale and also allows me to earn a regular relatively predictable income
3) give me additional tips
>>1037544
>4
what (simple) subscrition services are successful other than those shitty boxes of mixed video game shit?
>5
do you have an idea for a subscription type service?
>6
is it possible to run a business like this entirely on your own?
I don't want to have to employ some idiot to drain £250+ a week out of this prospective business if I can help it, many employees just don't seem to be worth the minimum wage here in the UK
Hello,
I want to go short on the Saudi riyal, currency of the Kingdom of Saudi Arabia. What are the cheapest products or strategies to bet on the following scenario:
Right now the riyal has a fix 3.5 SAR/USD peg. However, the Saudis are burning money like no tomorrow and they would need decades of social engineering and conditioning to extract sustainable taxes out of their people. Everybody is living from Oil handouts. Only around 35% of the Saudi population works real jobs (mostly government) and the rest is NEETing. The royal family is forced to keep up the generous subsidies, since they are their only legitimization. The time they have to change their economic model is also too short. With the falling oil price their currency reserves are deteriorating very fast and Oil income is going down while all the western workers, Asian workers are going to continue to send money home. Also the Kingdom imports large amounts of cars, other machinery and luxury goods from all over the world.
With the collapse of the oil price, their trading balance becomes increasingly unsustainable and their central bank will sooner or later be unable to keep the currency peg up. Once they can not peg anymore, the riyal then devalues very fast at least 30-60% like the Russian ruble has done.
So how can one bet on this scenario? I tried to find some FX options or something but there just weren't any or I was too stupid to find them. The only product that I found was the SAR/USD pair on Oanda (I did find no products at all on my home platform Interactive Brokers) but there the margin interest payments are too high I think. Is there a cheaper way.
Please help me /biz/. ;(
1. Is it a sound idea?
2. What are products to short Saudi riyal?
3. What is the best product to structure the bet?
Picture: Exports and Imports of Saudi Arabia
Export: Mostly oil
Import: Everything
>>1037512
I want to do to Saudi Arabia what George Soros did to the Bank of England.
>>1037512
according to your chart, saudis, who more or less only export oil, are sitting on their oil while burning every single piece of currency they have, in a waiting game against nations who, while depend on oil, export a lot of diffrent stuff. So if this is a waiting game, saudis are going to run out of actual cash first, which will force them to sell oil for cheap to refill their cash deposits, while this might not hurt the saudis a whole fucking lot because they have so much oil, its most likely going to affect the oil prices one way or another that the single largest producer of the product has to get rid of alot of it fast if they want to stay internationally signifigant, and its fairly safe to assume that they want to do that.
If saudis went full retard and started selling their oil reserves cheap, how far do you think oil prices would fall before the saudis have to become conservative about it?
hey /biz/, which book I should read if I'm a newbie in economics and all that stuff?
>>1037358
say you're desperate, they may kick in some kneepads and help you pay-out the book
learning by doing mate, no other way around it
>>1037370
thanks for your invaluable advice, bloke
>>1037358
Basic Economics 4th Edition by Thomas Sowell. Changed my life.
http://www.amazon.com/Basic-Economics-Common-Sense-Economy/dp/0465022529
Has anyone had any luck buying large quantity of items from alibaba and reselling them on ebay or the like?
What do you guys sell? What are some items that are easy to make profit on??
>inb4 not telling me because of potential competition
>>1037340
Wasn't this a thing like about a year ago, don't think this is still viable
>>1037442
i just checked for a handful of articles.
the margins seem very slim indeed.
Both ebay and amazon are overrun with chink junk. No need to do the same.
Fuck Exxon! They get subsidiaries and pay little taxes because they are expanding operations in 3rd world countries creating jobs for all and not being such a nationalist!
I love Apple! They get away with tax evasions, have suicide nets on the windows at their plants, and design their phones to break so we have to buy new ones every 4 months!
>>1037325
>They get subsidiaries
And you, OP, have got the retard
>>1037351
I'm not retarded, I'm autistic faggot.
Will Vietnam changing from a communist state to a capitalist state benefit the country?
>>1037295
Capitalist > Communism
If that answers your question
>>1037674
Wow, those are some solid statistics anon! Nice research!
>>1037720
Go take a history class u fucking commi
Hey /biz/, anyone with a legitimate business or starting one looking for a partner?
Without giving out too many details, (this is 4chan after all), I'm currently majoring in information systems, previously studied graphic design, I've also done some web development. I'd like to play a part in growing a business, figured posting in /biz/ wouldn't hurt.
So what do you got /biz/?
>>1037288
post your resume noob
>>1037288
I might have something for you. Do you have any experience with retail bookstores or libraries at least?
>>1037293
yea i went to a librarie before son
i haz masterz and am lab tech paid 17/hr as temp. this is also entry lvl pay. I am getting hired on now after 6 months werkin(3 yrs prior experience), what salary do i ax 4?
>>1037196
What was the point of getting a masters if you don't know how to write coherent sentences?