Archived threads in /biz/ - Business & Finance - 7822. page

>>978838

now

Yea right now. There almost no risk. I'd be buying it all winter.

>>978838
bump

>>978625
Not many ways to dip that low. Maybe like shitty beggar or waiters minus tips.

>>978625
nzfag here, I just got a summer contract in retail and only work 30 hours a week (currently between HS and uni), and I make 4-5 times that. How the fuck is it even possible to make that little?

>>978625
Here in the Netherlands if you're 23 years old that's less than 1/6th of the minimum wage.

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This better not post sideways

>>978554
Fuck

>>978547

I don't really care.

I steal pens all the time, I don't carry anything around. In my office I have almost five new pens at the end of every day.

That way I don't have to worry about ink running out.

We sign our own documents digitally, so I don't have to worry about the ephemerality of shitty ink.

At the end of the day my secretary takes all the pens but the best one, I think he collects them.

The best pens I've gotten are from high stakes tech incubators. They try really damn hard to have quality marketing handouts.

>>978543
if you don't have a botnet of 1000 computers doing it, you're wasting valuable time.

Also, the mining bubble was like 4 years ago.

>>978546
Are mining pools not a profitable option?

If I'm able to generate 1-2 bitcoin with hardware they pay themselves off within a few months.

>>978548
No there not.

>>978542
there are none.

>black friday deals
>same shit you can buy at any other fucking time of the year with fake "markdowns"
>only a few good deals but not even worth it because the niggers will just beat you up for it anyway.

>cyber monday
>the exact same bullshit.

look at fucking newegg of all places. the Harddrives on sale WERE THE SAME FUCKING PRICE 4 WEEKS AGO

>>978542

Black friday/cyber monday has been fucked for the past 5 years.

Back in the mid 2000s was the "golden age" of black friday/cyber monday. Nowadays, there simply are no "deals" and the only way to truly find good prices on shit is to physically enter stores and stalk the clearance racks/open box/etc shit.

Basically, we've gone so far forwards that we're backwards again.

yeah I didn't find anything worth buying either.

>>978461
Finance is harder to get a job but pays more.

Accounting is boring as shit, so not as many people want to do it.

Accounting, to make money in finance you have to be outgoing, lucky, and actually talented

>>978463
>>978464

*kicker* I live in a huge retirement area in the US (South Florida), not sure if a bunch of old rich fucks need financial advice, fuck working for a bank though...

I don't care if I sit behind a desk or have to deal with fucks, I just want to be financially stable for the future and make $$$ I can invest myself.

I trade oil (among other futures). Been doing pretty good. I always take days off every Wednesday for inventories and OPEC meetings. Trying to trade them is gambling.

>>978332
I honestly don't know what the fuck to do, coming from an upcoming oil and gas engineer here, I really think I've fucked up. I'm finishing a 2 year extended diploma and trying to get an internship with a degree tied into in, just for the experience. How fucked am I? What should I do instead of oil and gas (there's still time to turn my shit around)

>>978337
Chem engineering. That way you can work even if oil and gas goes down the tubes

>>978328
No being rich is relevant so only a small percentage can be.

>>978328
Its all relative. Hundred years ago not skipping a meal was reserved for the privileged few. Now it's maybe owning a house, next will be something like owning a private jet?

>>978338
>owning a house
Nah senpai, the rich are gonna buy all the houses and you're gonna have to pay rent.

>>978269
>Why shouldn't we have a flat tax where I pay the same amount of tax dollars on my investments as Jamal does on his money flipping burgers

Because that's raycis cracka! Some people iz less fortunate! U can't be marginilizing dem likes dat racism and all that bix nood mufuggah gibe reperations whitey

>>978275
Damn, right. A regressive tax would actually be better, come to think of it. Those poorfags don't know how to properly use their money, so it would just go to waste in their hands anyway.

Many of us here agree with you, and you are in fact correct that a flat tax rate is fairer on everyone

However, the majority of people are burger flippers, and they have decided that since higher earners can afford to cover more than their fair share, they should be forced to do so and take some of the burden off the working class

It's pragmatism over idealism, the only realistic way to support bloated modern governments

A flat tax rate for everyone would necessitate a huge reduction in the size of the state, and politicians can't propose something like that because nobody would vote for it

>>978130
didnt even read thread
>>>/r9k/

>>978132

I'm hoping to get some advice on it from a business/financial perspective.

>>978130
Tl;dr

>>977996
"business/sales" books are a fucking meme

That shit is just a scam. Why would a successful businessman need to make $36/month royalty off selling books?

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Dale Carnegie's "How to Win Friends and Influence People"

TLDR: EMPATHIZE, LISTEN AND SMILE, NO AUTISM ALLOWED

>>978001
No, fuck off, many books are great. You're angry because you can't read because your dad is black.

Return to your cocks per hour thread.

It isn't a bubble. It will not burst. There is no excess speculation driving the cost up and no assetts to give up if you default to cause it to burst.

>>977974
Student loans are already backed by the government. So there is no vicious cycle of margining off the loans like the banks did in the housing situation.

A massive number of graduates need to default, massive like in the 100,000s. Then the government will lose expected income that will be noticeable. Then they will garnish wages of those 100,000s because you cannot default on government backed loans.

It will then become a California default situation where a private bank will then have to cover the debt impact of the government and the Fed would be faced with the impacts of having almost 0 loan rates and no way to pay off the debt the banks are covering.

So they might push then into negative interest rate territory like Swiss and Japan have been doing in hopes people spend more money and more of that tax trickles back into the government.

The implications for our dollar would be terrible. But it would bring in the tax the Fed needs to cover the loss when no one can pay the loans.

>>977978
The speculation is a college degree will allow a person to get a well-paying job, which will then be able to pay off student loans plus interest. What happens when the job market becomes too saturated with college (happened before, pre-revolution Iran had tons of unemployed college grads because not enough jobs were available that need college grads)? If grads have no (well-paying) jobs, and cost of college keeps going up, we sooner or later will see a mass-default on student loans. Won't this have a massive effect on the economy?

>>977875
Hell, just come up with a system and bet on sports or something.

If you think you're guaranteed to lose, you're going to lose.

People are poor because they don't save money. They would rather buy "nice things" than save money. Unless you are a minimum wage degenerate, there is no reason you should not be saving. Everything you've done, you've so voluntarily. Don't blame your student loans, credit card debt, and other mistakes on the government or "muh capitalism" like a little faggot. If you are too ignorant to thrive in a capitalist economy where anybody can make it, then go hang out with the socialist faggots in Sweden.

>>977875
What are some tips on making money then faggot?

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Economics is the baseless propaganda the finance people use to control the public and politicians. The results can't be replicated, so they're effectively useless.

See the federal reserve study:
http://www.federalreserve.gov/econresdata/feds/2015/files/2015083pap.pdf

Economics has no predictive power or consensus, nor has it ever had predictive power or consensus. It's just a bunch of baseless opinions, not a science.

>>977863
So what exactly is the difference between the two?

You managed to reply to my topic, without replying to it.

>>977872
The first line: the economics people work for the finance to produce sufficiently convincing studies in order to get the public to do what the finance people want. That's the difference.

Economics is more about money in general, while finance is money as applied to banking and stock market speculation.

>>977695
Think of it this way.
>rent a place
>you give your money away and someone else gets a nice house in return

>get a mortgage
>you pay for a house and you get your money back when you sell your house
>only interest rates cost you money

>>977697
>>only interest rates cost you money

+ Maintenance costs + property tax

>>977697
>>rent a place
>>you give your money away and someone else gets a nice house in return
Don't listen to this bullshit. Unless you live for free with someone, you will always have to pay for a place to live. You can get a 30 year mortgage and at the end of 30 years you will have paid whomever holds the debt triple the original price of the home. Then you are the dumbass. Paid triple for a fucking house.

Rent a cheap place on half/third of what you'd mortgage. Put other half in equities (doesn't take 180 days to sell a stock like it does a house) and pay cash for your house in less than 15 years.