So why don't you faggots just park your money in an S&P 500 fund? There's little risk and the returns are decent.
>>997293
mostt people on this board weren't even born in 1986 dude.
>>997297
You're missing the point nigga, the S&P500 has consistently shown growth. It's fail safe as long as you have patience.
But I already have.
What's the best way to launder money /Biz/? I've got a couple ideas but my ideas all have 7-10 steps in them. Is there a simple way?
How much money?
>>997067
What's the location and destination?
Usa and to my personal account. Probably somewhere in the area of 10k
What can we do to end debt-slavery?
bankruptcy laws have been on the books for centuries man.
>>994426
By not buying things you cannot afford. It's that easy.
No one forces people to buy those new iPhones and cars and "worry about paying it off next year!"
>>994446
wont work since all western states are in debt.
everyone of us pays debts + interest + interest of interest with his taxmoney
where are you from?
You guys seem like okay people. I got accepted into UVA.
http://records.ureg.virginia.edu/content.php?catoid=39&navoid=2370
>first dubs decides what I major in
>>997144
>http://records.ureg.virginia.edu/content.php?catoid=39&navoid=2370
u got dubs so u decide-
choose finance or your a raging homosexual
>>997146
But I'm not good with people. Finance is glorified sales.
>>997148
Social skills are required in college bub
What's the most effective form of online marketing?
tits and pussy
The best kind of marketing is marketing that doesn't feel like marketing. It makes you feel like you're apart of it.
Gulden
Hey /biz/, what's your opinion on network marketing?
If you don't start the company, don't join it
>>996871
i made a collage about multi-level marketing schemes and other scams and added something about "network marketing" which used fake quotes. here it is, see if you can find it
>>996914
/biz/ is it too late to go back to college? I am 28, quit my oil job back in May and thinking of moving and going back to school. Spent the summer getting my house ready to sell and deposited the sale Friday.
I am tired of being a worthless faggot, the only "skill" I have is knowing 1000+ kanji. My assets right now are 40K in retirement funds, 45K in stocks and 35K cash, if that matters. What do?
College is ONLY worth it for a killer degree, you know the world wants, you know you can get bank, and its a career you cant get into without the degree
>>996860
look at different career options, do the math
>>996860
I've had a pretty good lifestyle after learning a skilled trade. I'll be able to start my own business in 2017 after spending 8 years learning and working. It's awesome not having a student loan to pay back. Skilled trades are worth more than a lot of college degrees at the moment. Not enough younger people coming in to replace retiring workers which create shortages.
The real satisfaction comes when you own a business and don't have to get your hands dirty any longer.
I want to get my foot in the door in an industry with a lot of opportunity for career advancement. I am a highschool graduate without a college education at the moment but intentions to do so in the next 5-10 years as I settle down with my girlfriend (and hopefully future wife)
Currently I need to be making above minimum wage by atleast a few dollars and not in an absolutely humiliating position. Where should I start looking? I was thinking the hotel industry...
any other general advice is greatly appreciated
Don't get married.
>>996636
Study Computer Engineering and Applied Mechanics and create a robot to replace your girlfriend. Best way to be financially successful imo.
OILFAGS ON SUICIDE WATCH
$20 A BARREL BY 2016
Oil fag here. Uh no. You can make money no mater which direction it goes. All you need is volatility. Saturday is always full of retards. No community college today? Bitcoin exchange closed too?
>>995878
Bitcoin exchanges dont close on weekends.
>>995858
>suicide watch
More like buying everything in sight. Better get in before nat gas oversupply is burned off next month and shale cos get the boost they needed to outlast the Saudis. The end is near buy it buy it all
WTF IS HAPPENING
>>995250
sup bro u got mc'd ?
>>995250
I should mention, for people too stupid to look at filenames
>>995250
>>995268
yup, he got mc'd XD
Is it possible to actually learn economics by myself without having to make another degree? Let's say a strong basis in maths up to integrals and a very strong statistics basis. Learning game theory up to Bayesian Games and The Myerson-Satterthwaite Theorem. An introduction then to Microeconomics, Macroeconomics and Public Sector economics, based on 2-3 books. (including Basic Economics Sowell).
Would that do the trick and is it doable with some effort in 6 months? I don't see any reason why I should waste 3-4 years on economics alone. I can learn GAAP, IFRS and Finance in no time after I'm done with all the eco books. Finance especially should get particularly easy if you know statistics and accounting very well. I mean as far as understanding finance is concerned.
>>994847
Go to the websites of the top economics schools in the country. Print the syllabus of the classes you want. Read the material. You dont need a classroom setting to learn. Ive followed this piece of advice and i now own my own business which is doing extremely well I might add.
Thomas Sowell is a pretty charismatic, entertaining guy. He presents things in a way that is easily understandable, but I worry he's just another partisan hack who cherrypicks information. What's the deal on this guy?
Economics is a pseudo-science; you would be better off spending your time learning alchemy instead
sorry for the kinda offtopic thread, but from earlier threads i know there are at least a few poker wizards here that post on /biz/, so im asking here for help.
recently i was accepted into a weekly poker cash money homegame (shorthanded 200-500nl) that a small group of entrepreneurs host and yesterday i took part in it for the first time. well.. i had a losing session despite being the most epxerienced player (albeit only online), because i had huge trouble trying to read them and exploit their weaknesses. im hoping if i share some details about last nights session with you, you might be able to give me some advice how to exploit their play and take their money.
here are some notes on last nights players, ill call them player 1, 2 and 3 in a later post. all of them have in common that they:
- are recreational homegame players, no one except player 1 has put in any time to study poker
- play 90+% of their hands, always limp/call preflop, never raise or reraise preflop
- dont fold any hand to preflop raise up to 5x
- dont fold to c-bets, are calling stations on any street as long as they are drawing, hold an overcard or hit a tiny piece of the board
- will bet out hard on any board texture whenever they hit anything including low pair
- bluff very frequently, are capable of bluff raising and reraising once theyre committed
- dont seem to slowplay any hand
cont.
some notes/reads on each player:
>player 1
- wont fold on flop but folds more often than the others after getting 2 barrelled
- usually gets to the river with some showdown value, e.g top pair (any kicker) on any 3 straight or flush board
- sometimes announces that he hit the board (and more often than not he did) and trys to talk people into calling, probably thinks it makes him look weaker
- checks his cards more often when hes drawing
- typically semi bluffs oop
>player 2
- raises, bluff re-raises excessively, got me to fold a better hand twice, might just overvalue his hands though
- seen him bluff all the way from flop to river with no showdown value
- often smiles a lot when hes picking up his cards and was dealt a strong hand (though what they consider a strong hand is questionable)
>player 3
- newest player out of the three, worst calling station of them all
- stays in hands until showdown and for some reason calls river bets even when he knows he has absolutely nothing and is beat
- got dealt pocket aces and went all in preflop when everyone was still super deep stacked
- noticeably struggles with himself when he knows he has nothing but wants to call
>>994207
here are some of the main problems i encountered and some of the reasons why my original strategy didnt work out:
1) the game being 4 handed i couldnt play as tight as i wanted
2) raising up to 5x pre-flop did not reduce the number of callers, i ended up limping aswell
3) with 3 callers c-betting or bluffing to get them to fold isnt effective
4) usually failed to isolate certain players with my bets (as for 3 & 4 i have to admit i didnt try betting pot or more)
5) despite having a tight image i couldnt semi bluff credibly on high cards, they didnt notice scare cards either
so if anyone really took the time to read through all of this bullshit and has some sound advice for me so i can make some profit next week id really highly appreciate it!
First of all, in poker you only truly make profit in the long run (thousands of hands) if you have an edge, short term winnings have more to do with getting lucky. Even the best possible situations (eg. pf all in with aces vs 1 other player holding rags), will result in you losing a significant percentage of times. The correct mindset is where you should start. You cannot go into a good game expecting profit. You can only go into a good game expecting to be making many +ev decisions, and your opponent to be making many -ev decisions.
If you dont understand this, dont bother with poker or treat it like gambling/having fun.
Should I file for bankrupcy? Here is my situation.
>Owe $35K to gov in missed taxes
>Owe $20K in credit card debt
>No savings, no job
I make like 5-6K / year under the table that I use to pay this shitty apartment. This all happened due to a failed business venture.
hit the phone book/google it. see a bankruptcy atty, consultations are usually free.
and if by gov debt you mean irs, its tricky. it has to be taxes owed that you reported to them and just never paid. they also have to be at least two years old. even when those two are met you also have to be all caught up on your returns (which you can do while filing). considering thats your biggest debt, if you cant include that its not worth destroying your credit for years to come over 20K.
>>993976
Bankruptcy isn't just an easy pie the slate clean, especially with back taxes.
Can you Bring more money in? A minimum wage job would triple your income.
>>993976
You can pay back your debt by joining the military soon : )
Best way to invest $200? ok I know that is a very small amount but I am doing a project for school and started with $1500. I invested $1300 of it in a friends advertisement start up and so far it has been doubled but I wanted him to keep using it until the due date (I get 15% of what ever his thing makes). Anyway since I told my profesor i was starting with $1500 he said I must still use that other 200. Only reason I even did this project was because i knew about my friends thing and knew i could easily make some money.He didn't want the other $200 so I've just been holding on to it.Now i only have 7 months left until this thing has to be done.
>>993620
Ya know I turned $350 into over $2000 in like 1 month playing the forex.
True story. See pic related.
Twas a wild ride though with many a gamble. Trade a demo for 6 months straight, and then on the 7th month try this lmao.
>invest in coke alcohol and a night out at the casino
>>994860
Lets keep it legal, eh?
Seriously though, this is fucking great for me. Gas was $1.99 this morning. That saves me about $8000 a month from when it was 3 bucks.
>>989747
wat is dis op
>>989761
Oil
>>989761
Production keeps up. Supply keeps building. These are decade lows. I'm long a few spots.