Archived threads in /biz/ - Business & Finance - 7732. page

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Title says it all.

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I'm Rich but what now?
I have a hote bitch
Nice car
Nice house
All the stupids things
And I have savings.
But what know ... Damn help

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Is buying customised shit off of Alibaba and selling on Amazon/ebay etc. a viable way to make money these days?

I'm not looking to make millions, just some income during summer holidays etc. when I don't have classes

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There are Levels to this shit.

The Natural State of mankind is Poverty.

99% of the wealth in the world was created in the last 100 years.

Resources were allocated in the manner of Kill them and Take their stuff.
If you survived pregnancy and your parents not bashing your head on a rock, you had a 50% chance of being killed by another human being.
Later Slavery was developed and there was a surplus of manpower, the Egyptians put it to good use and built some shit.

Proto-Capitalism was formed in the 16th century, when the spanish conquistadors brought 36 tons of gold and more silver from the new world and collapsed the European Economy with an inflation rate of 1.37%. This spurred the english to create goods to sell the spanish for their gold. This caused a few economists like Adam Smith and Jean Baptiste-Say to figure out that making things is far better off for the world than taking things, but nobody could read so no one cared. Before capitalism the worlds resources were cut up and controlled by might of arms or populace and other protections. Mercantilism was the first economic arms race. It was still pretty easy to kill the Spaniards and take their gold though. However in the New world capitalism was allowed to flourish.
Richard Arkwright, one of the first great capitalists of the industrial revolution, and NEET wigmaker, needed tons of cotton to make stockings on his new machines. See the Luddite Revolution. b/c of him out of the 50 Millionaires in America 20 were farmers. This was unheard of. Capitalism became Reality.
Marx bitched a bit because he couldn't stand the idea of profit. But we've figured out for a long time that the reason, that the blessing of new gold collapsed the economy, and a bunch of new stockings machines increased the workforce in the industry 100 fold.

Today we know that efficient use of Free Cashflow is the mechanism for growth in business and in life.

Personal Finance is the Bedrock from which you will grow

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Anyone else here a financial advisor?

Edward Jones here.

Would anyone like to know what my job is like?

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I want to get into a company like Intel or NVidia.

Any tips? My resume links to my website where a full resume is posted with all my bullshit on it.

I posted on /sci/ but as someone pointed out there, you guys more than likely have a better understanding of the hiring process.

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So /biz/, what went wrong?

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Hi /biz/,
europoor here, with a few friends we're creating a way for Indians to sell some of the traditional items they create to european hipsters. We pretty much established everything we needed with the concerned Indians, and we're set when it comes to funds, but we need some advice regarding logistics.
Basically, is there anything regarding the law or juridiction that we need to know about in order to avoid getting into anything illegal ?
Also, do you have any general advice ?

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If you only had this chart to look at, would you go long or short?

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Fellow Australian /biz/nessmen, I need your advice.

I saved AUD $20,000.00 over the last year. To avoid the temptation of spending it and to keep welfare in the dark, I subtracted money every time it hit my bank account and left only what I needed to pay for the essentials.

As a result of this, I have $20,000 in various notes stored away. Yes, I know I am losing interest on this, but without it, I would be paying more on tax, losing social security benefits and have it pried at by others.

I want to convert this $20,000 - which is mainly in $50 notes, with some $20 and $10 notes - into a neat $100 note collection. Why? Because it's easier to store and keep track of. 200 notes. Great.

I want to take this money to my bank branch and have them convert it. But I face a dilemma. I recently found that it is - bizarrely - illegal and suspicious to carry large amounts of physical money with you. It makes you look like a drug dealer or tax evader (the latter of which I may be guilty of).

So my questions here, are:

1. Can I take the full $20,000 in to the branch, notifying them in advance to stock 200 $100 notes? Do they actually offer this service?

2. Should I notify the bank of my intentions in advance?

3. Should I do this in small increments (i.e. $5,000 at one branch, $5,000 at another, to avoid suspicion?)

4. Do I a legal obligation to provide evidence of how I obtained the money? Will they ask?

Thank you in advance.

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Hey /biz/,

Ive got $40k AUD just sat in a standard saver account and its time to put it to good use.

Im thinking a split between as "high" an interest saver account as i can find (currently AMP @2.6%) and opening a Vanguard account.

Does anyone recommended any of the current vanguard funds or ETFs?

In terms of risk/reward im open to anything 50/50. maybe even a bit more risk seeking.

Thanks in advance for any information/advice provided.

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anyone here doing sportsbetting? ive been trying to get into it for fun and ive only had medicore success. i just feel like the risk/reward ratio is almost always shit. ive used statistical methods to choose my picks and while that seems to work just fine to get a good number of bets right i just about break even. can anyone give me some general advice how to maximize profits?

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this is pretty much my first real resume,is there anything i did wrong with it?

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Greetings biz. I currently have about 15k in my savings account that I will be spending next year. I was wondering if I could do anything with about 10k of the money that would safely net me some extra money by next March. My alternative is just letting it sit for a year...

Pic related, it's my cat.

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Young adult here,

Redpill me on housing vs renting? or housing as an investment in general

Why does every boomer keep saying its an investment because when you sell it later, it will be worth more?

Like just thinking about it. If I buy a house now for $500k, then in 30 years its supposedly worth $1mil and I sell it for that much. Doesnt it mean that Im not really making an extra $500k because if I sold my house for $1mil then that means the new house Im going to have to buy to live in will be around that price range too?

Why do boomers keep pushing this meme? Are they trying to make a quick buck off us before they retire or something or are they oblivious to their stupidity?

Shouldnt a house be treated more as a lifetime asset that you plan on living in for life and pass on to generations to make it worthwhile. Rather than something to Profit off.