Archived threads in /biz/ - Business & Finance - 7819. page

>>980110
put it in SPY and retire now fag?

Suck 500k dicks and become a millionaire!

I could retire off of that much right now (barring taxes the sum may be subject to). With even a 4% return you'd see 20k a year, and that's enough to live on if it's just you. For me that would be living like a king. My advice is chuck it into an index fund and find something you enjoy to do for money as a fallback/to augment it. Really once you have that much as a single person though you should be set.

>>980024
I just picked something, ideally I'd like to do everything I figured I would just start doing one thing first and work my way up there. Just pick something and off you go.

>>980024
>>980036
Pick something useful. Something that will make you money. If you're going to be unhappy you might as well be rich.

Is it better to aim for a job you could enjoy for peanuts (<70k), or a job you don't enjoy but make six digits?

>>979991
I'll try to stick to industries I've actually done in depth financial analysis on. Like I said, intuition usually prevails in these industries

Brands gaining momentum
>Nike
>UA
>Home Depot
Becoming the exclusive go-to store for contractors
>Amazon
>Yuengling
private company whatever

>>980012
ew, gross formating

Weakening brands

Apple
>Terrible design and no innovation since jobs died, they survive entirely off the excitement of their next product and people are losing excitement
Facebook
Pepsi
>most people can't even recognize their new logo, when was the last time you bought a pepsi
McDonalds
>biggest branding flop of all time, they grossly over reacted to supersize me and the whole health craze
Taco Bell
>What are they even doing these days
Adidas/every other athletic clothing company, they're just handing market share to Nike and UA
Walmart
>Not handling online distributors' success well
Subway
>JUST

>>979991
how are you measuring 'brand development' - it seems like a potentially interesting parameter to look at but you're not begin clear how you're quantifying it. It is something that ought to be quantified if you want to give it any serious weight - some subjective personal opinion of how well a brand is doing is likely to be unreliable.

It's not that risky as long as you don't take on a lot of debt and can get all the zoning done without hassle.

Was actual looking to do one of these projects myself with a carwash on half the property but ended up starting another company with more potential. Even if you have it fully rented it you aren't looking at alot of cash relatively compared to a a tech based startup.

enjoy not getting paid properly by your customers and/or ending up being liable for the shady shit they do there

I was thinking of starting one, like specifically for storing cars. It's a very simple business, it usually works as long as startup costs are low, so do it in a cheap area

>>979886
typos in your summary first off.

>within non for profit sector
It's also too long. THat's not much of a summary when it's a section of it self.

Remove the extra line spaces

After that, your resume will be about 1/4 of a page. Think of some shit to say about yourself which is valuable to a company beyond typing "gaytabase" over and over

>>979906
This.

There's people with phds and 10+ years of work experience who fit their resume on a single page. Why can't you?

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I work hard.
I self-medicate.
I am happy.

>>979829
Adderall won't treat depression.

I have depression. I tried antidepressants (an SSRI, specifically) very briefly. It worked. However I felt like a different person. I didn't want to take a pill and be someone I'm not.

Learn natural ways to cope with depression. Stay busy. Find a hobby. Do things that make you happy. Idle hands are the devil's workshop.

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>>979872
Drugs are for faggots, especially marijuana. Aka the gateway drug to homosexuality

>>979794
Take a shit in your hand and eat it. Hue hue lief hax

>lifehacks for manchildren

how about taking the cans out of the box

It's not your fault for being born poor - it IS your fault for staying poor. Go back to /r9k/ you fucking faggot

Poverty is the state of nature.

However, nowadays if you were born in a 1st world country and you can't hit middle class, you're either stupid, emotionally unstable, or you fucked up big time.

Really the question becomes: can you blame someone for being stupid/lazy/etc?

>>979741
See.
>>979743

Now not every poor person is going to be uber elite 1% and it'd be stupid to say "It's poor people's fault they aren't billionaires" when nearly every billionaire had millionaire parents, that elite level of wealth comes down largely to the foundation established during your childhood and poorfag parents just can't give you that.

But a poor person can make it to living comfortably, oh undoubtedly so.

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my gf

>>979698

You didn't 'make' anything until you sell and realize the gains

>>979698
>not buying iron instead

Liquidate everything as soon as possible.

>>979586
Turn the business into something profitable or liquidate all remaining assets and cash out for pennies on the dollar.

Not sure what you expect /biz/ to tell you. You could probably lease the warehouses for storage assuming you own the property and aren't just leasing it yourself.

I think dad would be proud to see his son revolutionize his creation and make it successful again.

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Read these, they should help.

http://eventualmillionaire.com/Resources/ThinkandGrowRich.pdf
http://www.what-is-coaching.com/support-files/lazymansway2riches.pdf
http://www.fxf1.com/english-books/The%20Intelligent%20Investor%20-%20BENJAMIN%20GRAHAM.pdf
https://torontoinvestclub.files.wordpress.com/2014/07/security-analysis-benjamin-graham.pdf

bump?

>>979554
Interactive Brokers not listed? Into the garbage.

>>979587
Damn that's really cheap compared to other brokers.

What exactly makes the price vary between them? And is TD memehouse $10 per trade even if im buying ETFs?

I'll probably use interactive memers then

>>979518
Yen

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usd atm, in 10 years maybe cny

>>979527
>>979529
So wrong it hurts

It's the dinar Kuwait I think

Being a teacher today is a shit fucking idea because of stagnate pay, uncontrollable millennial children and the fact that more and more of a burden is being placed on teachers, meaning that if Tyrone is being a stupid little shit and wont shut the fuck up, YOU get blamed.

Don't do it.

>>979514
I have 100% confidence in the following statement:

Do NOT teach in American public schools this decade or the next. The system is broken and disgusting and getting worse still.

>>979514
The only reason you should get into teaching is because you value time off AND you really, honestly WANT to help kids. Otherwise, you'll be absolutely miserable most of the year and make shit pay. Summers off are glorious. Everything else is horrible.

>>979510
web development is a huge fucking waste of time.

you will literally be competing in an oversaturated field with a low barrier to entry with one or more of the following: 3rd world cheap labor that will undercut your price by atleast 60-80%, college graduates with infinitely more social skills and business acumen (and or simply women who studied marketing and advertising and will get the business owner hot) than you who will also undercut your price, actual professional web development firms that have established reputations who will charge 2x more than the average for a shittier job than the 3rd world country developers will do.

change your major to either mathematics or physics if you don't want to be a loser.

The trucking industry is on the cusp of disruptive change due to automation, getting in to it now would be quite risky

>>979510
>study trucking

lmao

It's the slow season for real estate speaking of property.

>>979436
When is fast season?

>>979432
Detroit