Archived threads in /biz/ - Business & Finance - 7711. page

>>1031948

define "rich"

But in terms of pure power, capitalism has proved to be far better as it's just a more efficient system in terms of both giving people the ability to buy things, as well as giving the government the ability to buy better equipment.

As for your image, which is clearly bait, the EU may have a larger GDP than the US but it's also a "country" that won't be around in ten years due to conflicts of interest between France, Germany, and the PIGS.

>>1031948
no nigga lol

>>1031950
It's not bait at all Europe has almost double the population over America.

Just want to find out if the living standard and GDP would be a lot worse under a marxism society.

>>1031783
Just buy VOO in chunks over the next few months and you'll be rich soon enough

>>1031785
i was thinking about this, but im not too sure about exchange rates and whats generally cheap or expensive. see, i live in newzealand so i dont have easy accessibility to american stocks unless i call the bank and order a specific ticker.

that is why i am asking if i can somehow profit within my own country because of the effect of whatever is going on.

[sorry for bad typing shift key is broken]

>>1031788
I was looking at ANZ yesterday trying to figure out how to short an index too.

Seems if you fill in their PDF form on PAPER and MAIL it in you can trade on NZX as well as the Dow Jones and other international markets.

But wft that is going to take weeks.

And I'm in the county in the middle of the SI so cant easily visit a branch

>>1031672
Wait for bankruptcies in the highest cost producers.

>>1031698
Who are the highest cost producers?

>>1031728
Shale first, then moon drillers, then the Brazilians who poke the ground with long sticks.

If I was able to telecommute id go up to Washington

California

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>>1031526
If you plan to own your home look at property tax rates too.

>>1031350

Got that nailed... I think its a major reason my resume is so big. They say include the last 5 years of work history. Problem is, just work history for me is a page and 3/4

>>1031320
They're not hiring you for your soul or your personality. They're hiring you to kiss their ass. If they even bother to do something stupid like ask for your bestest favoritest thing, you better put on a shit eating grin and make something up related to the job, because that's all they care about. Cut relevant work history last.

>>1031360

I will not work for a company like that again. If it is not a Tshirt and Jeans kind of place its really not for me

>>1031227
Prove it or gtfo

why is a bottle of coke fuckin 1.79. I can get a 2 liter for less than a dollar at most places.

Is the generic shit the same as Pepsi/Coke? What do you think of me putting Pepsi first?

Depends on how minimum wage is expected to increase. Businesses aren't going to want to incur the heavy investment unless they know for sure that wage-hikes are inevitable. But if wages go to like 10 or so i expect this to happen

What restaurant?

>>1030782
Eatsa

>>1030779
Min. wage in SF is expected to reach $15. I'm not sure about the rest of the States, but I wouldn't be surprised if they go $10+.

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for hedging fortunes

What's the difference between put and call?

it's all about expected value. when you write or sell options most of the time you win small but sometimes you lose big. option selling strategies have been very successful in general for the past 5/6 years.

Finally these fiat pigs will know the taste of pain. Crypto uber alles!

GAS THE DOLLAR CURRENCY WAR NOW

Fuck im too tied up in bleeding stocks right now but otherwise i would convert them to bitcoin.

Is this actual shilling or just memes?

Those books are pretty helpful.

I recommend this short YouTube video for business noobs, by Big Bill in Baltimore. It really helps shake the dust off and explain some simple business principles:

https://www.youtube.com/watch?v=SBs455jwb8w

>>1028084
Early retirement extreme by jacob lund fisker

You dont realize how deeply ingrained your consumerism is until you read this. Im pretty frugal and im still a whore

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>>1028084
https://kat.cr/usearch/Rich%20dad/
Rich Dad Poor Dad series. Not specifically about trading, rather the mindset you want to be in when you decide what to invest in

Computer science in my opinion will always remain in highest demand, anything involving gas and oil distribution, medical & treatment, engineering, etc. I'm only a freshman in college so I don't know everything but I know those will definitely guarantee you a job after graduating. And when it comes to skills, many people *post grads who have the job they want* have gave me the same answer, don't be an asshole, be "diverse", be open to learn. :)

>>1023325
Computer science for sure.

>>1023332
>>1023335
So computer science is basically a guaranteed job nowadays and in the years to come? Since it's getting increasingly outsourced, how does one stay competitive in the field? What skills should I prioritize, what certs should I get if I want to become a valuable asset in the industry?

What branch of CS is best to get into? I'm guessing it's either software engineering or security

I made a thread on this earlier and nobody replied :(

So I think either we decouple with the US and keep rates low, or possibly negative as Poloz suggested, which would be unprecedented and would destroy our currency, or we raise rates and bring destruction upon the credit system. I dunno. Someone smarter than me will have to post, I'm just a lowly Canadian.

i'm not a cuck like you OP but the plan is simple. we sell CAD at a reasonably adjusted slightly higher price to the americans on the premise that CAD is bound to return to normal levels in the near future. we then sell the USD acquired for CAD and rinse and repeat

>>1022143
Oh didn't see other thread.

Tbqh though I really hope that CAD keeps falling since I've nearly all my money in US stocks... Fuck this country

no one on this board in real estate?

>>1035574

I was in real estate.

I mean, it's a hard business. A lot of people get rich, a lot of people lose everything.

There are a lot of people in this space that have 100k net worth that fuck around buying million dollar properties, that's why it's known as "cutthroat"

For the past 8 years, it's been a "everyone makes money hand over fist" business, but soon it will be a "everyone stupid enough to still be in loses everything" business when housing prices correct

>>1035596
Thanks for answering. I was just about to change and head to the gym. explain the whole "everyone makes money hand over fist" part. And how is it that people lose everything? What are they losing besides money?

Be an engineer. I don't graduate for another 6 months but I already have a job for 75k. And I go to a state school... Do yourself a favor and be an engineer.

>>1034872
What university? Are you a particularly good student?

>>1034876
Also interested in this

>>1034123

Go ahead and buy 1000 tickets, better odds than bitcoin going up :>)

>>1034124
but it went up 20$+ in the passed 3 days

>>1034124

Yes, the odds of bitcoin going up are lesser than a thousand in 230 million. Go for it