Archived threads in /biz/ - Business & Finance - 7746. page

Get a job.

Or focus on school.

No seriously, what do you mean "What should I do?" You don't give enough information.

>>1019324
Get contract marriage (double income for step 2). Join the Military. Use GI bill for College and basic living expenses. Take Military savings and invest, or at least buy a home. Roth IRA, Bonds, Stocks, Real Estate rental properties. Go back to work until you're 65. Social Security. Teach children. Die. Repeat forever.

>>1019355

I literally did exactly thi

>>1019310

have u tried trading it on indexes?

how long u been doing this strategy? I know its a high prob strat, but how do u control your losses? Do you let it go full loss or sell it off before it reaches that?

What delta do you like?

Netflix is a beast. Sell spreads every downtick.

Also monitor CMG.

Also why weeklies. 45 dte is golden spot.

>>1019535
I haven't tried it yet, but also I usually let it go full loss. My dad and I have been basically going halfsies on the plays and we've only lost really a handful of times, though that obviously adds up pretty quickly if you do it wrong enough lol. And>>1019726
Honestly I just look at the spread. I haven't really learned how to calculate all the greeks yet and though I know that delta tells you how much the options price changed per dollar the underlyings does, I don't exactly get how that can be applied to the risk of a stock

>>1019296
What's the idea in the most vague sense?

>>1019296
These things are usually referred to as Loans.

>>1019300
New law enforcement and defence equipment/technology

Pretty sure they can already do it, its just prohibitively expensive.

Take your DNA, grow your hair on a rat and do a transplant. Or something like that.

>Personal computers will decrease dramatically in price, power, and sales for consumers are devices like Chromebooks become more popular and tablets take over.
>Smart watches are a dying fad that won't last another couple years.
>Smartphone sales will decline as consumers lose enthusiasm about the latest devices.

>>1019276
They do have that, it's about 10k per treatment, each treatment has a 60% chance to succeed or fail, and it falls back out in 3-4 years.

>>1019274
I've got a bit of insider knowledge in that I know AI is NOT the future. All the advances into it and the major applicable solutions add no value. The current company with the best AI in the world is scrambling to find a reason for people to buy into it; there's no current dire problem it proposes a solution to.

PS - Renewable energy is fucked for another decade or three. Most major projects for it are shutting down; they finally caught up to the whole $120/barrel equivalent on some solar or wind power plans, and then prices for oil were cut by almost 3/4. Solar and wind can't compete with that, so the major projects are all being scraped or put on hold, and while they're on hold (for years) the researchers, technicians, architects, and business leads are all finding new work.

>>1019242
Covered calls mean selling your upside while leaving your downside intact. This isn't a good position if you are uncertain about the underlying's movements.

Capping your gains for guaranteed income has the same opportunity costs as investing your 401k in bonds instead of stocks while young. Lower returns than just holding the stock itself, unless the stock muddles along without moving much.

Selling calls falls apart if volatility goes up because volatility is a bigger input to options than stocks. So you are effectively shorting volatility in a low volatility environment. Not necessarily a great play right now, imo.

Covered calls are best if you expect low volatility and a boring market.

I use them on low price products $15 or less.

The risk curve is the exact same thing as a naked put. Naked puts have a higher premium and subsequent POP.

They are an expensive trade as far as return on capital works.

if volatility shoots up it can be difficult to exit or roll the position if your stuff doesn't move.


https://www.tastytrade.com/tt/shows/ira-options/episodes/when-your-covered-call-goes-in-the-money-10-29-2015

https://www.tastytrade.com/tt/shows/the-project/episodes/covered-calls-are-not-a-good-hedge-12-16-2015

>>1019256
You left out the most important difference. Stocks don't move up/down in an instant.
If you were selling covered calls for stocks in 2018 options, then you would be right. But we are looking at 40 day trades. A stock can do nothing in 40 day and when the call expires worthless, you made money on owning the stock.

This can be done multiple times in a year and only get called away once. Essentially, it is playing the fact that most stocks just aren't super whippy.

Of course on Biz, everyone trades 10 cent penny companies. These are not the things you sell covered calls against.

>>1019238
Not personally, but my uncle lives downtown and is a CEO for a very large firm. I love visiting him but when I come back to the States I always end up slightly more pretentious then the last visit.

I do office work at a Toronto hospital doing stuff like answering faxes, mailing doctors, updating patient registration info, etc. Nothing too fancy.

>>1019360
Lmao what

>>1019369
I want a bank job or a management consultancy job :/

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>>1019198
This is excactly why uni is worthless and you wont learn a shit. These guys graduate with a piece of paper having never been traded, so with literally zero experience of the real markets. Cant blame them, the professors are just as bad. If they really know what they are doing they wouldnt be teaching kids, they would be top bankers or hedge fund managers.

>not just using IB and doing your own DD with the entire wealth of human knowledge available at your fingertips.

>>1019207
.... we are doing real trades, my professor just doesn't like investing in single international equities because they're riskier. I can still push if I need to for a specific equity, but he mainly wants me looking at ETF's. I would love to sit back and trade options, which I have done.

If you understand calculus there is no reason not to use derivatives. Trade like a quant, not a pleb.

2016 tomorrow mutual funds ever
Index futures are where its at.Index funds are okay too.

https://www.tastytrade.com/tt/shows/you-gotta-be-kidding-me/episodes/biggest-misconceptions-around-passive-investing-11-13-2015

ETFs are fine with liquidity >1M trades/day >1k options trades

Dividends can be okay, but options can act as dividends. So you get something very similar to a dividend in a growth stock.

https://www.tastytrade.com/tt/shows/options-jive/episodes/option-premium-dividend-vs-growth-11-04-2015

Making a buttload of money is the most sensible investment plan.

>>1019108
>applied to 1 job
God this is such bland bait

I find that following up with the human resources rep or whoever a few days after never hurts.

>>1019119
Well this was the first time I applied to a job and I thought that my 4.0 GPA would help.

I'm currently making a resume and cover letter for another job. Wish me luck.

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>>1019086
Mostly picking thinking of Vanguard because of low fees.

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>>1019086
>>1019091
plz respond....anybody :(

>>1019086
Yes. Do it

>>1019085
>other than that, been doing various farm labor*

>>1019085
I would start by sending an application.

>>1019089
I have been job hunting for almost 3 months now. Running out of funds, but luckily I moved back in with the parents a while back. I just want to land a decent 9 to 5 job and then seek internships relating to advertising/graphic design.

>>1019029
Read all about maidsinblack on reddit. Super interesting read.

You say you want to get into the cleaning-up-human-shit-for-the-lowest-possible-cost industry, eh?

>>1019029
Your biggest obstacle will be finding reliable employees, and competing with immigrants who may want it more.

If you have the capital you may be able to bypass that with giving a higher wage and using better supplies, but there's not a lot of room.

I hear waxing floors is profitable.

Keep a clean image, get shit done on time and done right, and be realistic with your prices but don't sell yourself short.

>>1019015
I would like to know*

sorry for autism

Do your own homework

I probably could have worded and formatted this better but I'm on mobile, so you'll have to excuse me.

>>1018972
>You own and operate a small scale steroid lab.
>You have no education
Yeah no pick one.

Its all good until one day you gonna fuck up and someone gets seriously sick or even dies because of your shitty steroid. You will then end up in jail or killed or both.

>>1018937
Just give up already and marry a successful man.

t

>>1018945

Best conceivable reply, thread over.