Archived threads in /biz/ - Business & Finance - 7842. page

>>965020

>I've got £82k left on my mortgage £8200 to be exact.
82,000 and 8200 are very different numbers OP.

How long would it take to pay off at your current rate?

This matters because the faster you pay it off, the more interest you avoid. Lets say, after 30 years, paying an extra $50 today would have a significant difference due to the compounding interest that would have accrued had you not payed it.

>>965020

It depends entirely on the interest rate, which you haven't provided us with.

Do you think we're oracles?

>>965023

82200... my bad.

At my current rate, It'll take 4 years. to pay it off.

I'm currently living in the US (although I'm In the UK RIGHT now for meetings)

So I have lodgers paying my mortgage which I'm also overpaying

>>965029

again, my bad, 4.95%

The real thing is completely different, friend.

You should have started with the real thing.
>inb4 that's bad advice.
Simulators remove a large and very influential part of a (shitty)human trader's decision making process.

It's not the same thing when it is about real money bru

>>965017
>>965018
But I just got the stocks and let them sit. What would I do different IRL? Panic whenever they drop something like 1%?

Well what are you doing with your life Mr. Bigshot?

>>964936
18, currently in college and working on a business with a couple of friends of mine.

I know way too many people who got ruined trying to do a business. They lost everything and in Germany that is not a good point in your resume. That is why I prefer a 9 - 5 job. I go to work, surf on 4chan and go home and can relax the evening not thinking about money. With each year I earn more money. I mean if you don't care not getting rich then it is a totally fine life.

529s similar to 401k's use pretax dollars, however on use they are not taxed upon use.

What is your tax rate?

>>964927

Dont get a 529 you retard. What if your son goes to college in another state or decides not to go? Put your money in an IUL and overfund it

>>964927
Fuck your son over. Tell that fuck boi to get scholarships and take our student loans in his name only. Make him work and appreciate not getting a hand out

>>964894
encourage spending

>>964896
Why would a bank loan money though

>>964901
The negative interest rates are for the deposits, no? No banks are gonna lend money with negative interests.

>>964636
no. What happens is this. This also applies for crowd funding type of websites.

A lot of commercials loans get rejected by banks because of crazy high risks, the company has loads of debs etc etc.

They still want money so those companies (usually start ups ) tend to turn to crowd funding and other online loan financing plans.

The risks are much higher because if the company had a solid idea or structure it would have not ended up online. That´s where all the garbage goes.

Bitcoin lending is the future. You can do microloans to thousands of people, it's insane.

>>964912
>Hey Everybody, its me again the all consuming thirsting for semen online Buttcoin shill again. When I'm not skulking around in public toilets, slithering about on my belly between cubicles looking for used scraps of toilets paper or dingleberries to eat I'm on /biz/ reminding you all that you too could dwell in the dizzying heights that I do and it's all due to shitcoin, forget your share markets, your commodities and your futures and Real estate is over valued as fuck anyway- good luck getting on board with their prices and getting a return in maybe 3 decades anyway- bitcoit is here now ready to save you from the drudgery of working for a living and giving you the freedom to shitpost on /biz/ all day long, from a tropical beach on island in the pacific while qt brown girls suck you off

What's a wage-kek?
I make a salary

>>964561
still a kek regardless

>>964558
i go to work, say hi to everyone, then go to the toilet, sit in a stall for 8 hours and go home.

First for losing money to make money

>>964471
XGTI is gonna be an interesting morning. If you're gonna pick some up, wait until the morning hype dies down.

>Meme dreams are real

>tfw went all in XGTI at 0.63 a share
>drops 35 cents
>fuck
>yesterday
>XGTI at 0.19 think about going all in but decide against it
>Woulda profited $400 this morning

Bugger.

The amount of pictures you post with overlaid text in that font is inversely correlated to your success in life.

>>964429
Define success. It may not mean the same thing to everyone.

We all know that money can't buy happiness :^)

Get a new job
You are right, don't wait until retirement to have fun, that's retarded

>>964361
>>964361
>>964361
>>964361
>Be me:
>>spend 10 hours at work staring at a computer
>>spend 2 hours commute staring at smart phone
>>spend 4 hours free time watching tv
>>spend weekends resting from work week
>>have 0 friends outside of work
>>struggle to have any relationships outside of work

Here is your problem, and the problem with most people after getting a job. Complacency. Cut that 4 hours time of tv to 1 hour or record it and watch on phone during commute. Spend the rest of your time honing your skills and and finding a job with a less shitty commute. On the weekends, use it as a test to throw yourself into social situations. Say hello to passerbys in the park, start talking and just fucking do it

>>964361
I'm in the same boat dude. I got an epic job recently that pays more than anyone I know and even though I have more money than I can spend: what is the point if you have no time to enjoy it?

So far, I haven't spent any of the money I've earned. It's just accumulating in a huge account. Like what the fuck. And apparently this is success ...

Women have higher social IQ.

Marketing is more social IQ intensive.

>>964352
[Citation needed]

>>964350
Women are more emotional than men
Marketing appeals to people's emotions

Also, a lot of psychology is involved and women absolutely dominate the psychology field.

Runescape, the original cut throat /biz/ness game.

>>964321
Was just going to say. That being said, it truly shows you the value of capital.

>>964322
>TFW pking idiots with your mithril scimitar after training on monks

Gud times faam.

bump for discussion

>>964275

Looks like a little research could have gone a long way.

>>964275
I was in accounting but I just switched to finance. Not because I wasn't good at it, but I went to a couple of networking events and was surrounded by asian robots and patels and could not picture myself fitting in with them. Not sure if finance will be better, but I'm looking at pursuing the Certified Financial Planner designation, I really like talking to people and trying to help them. If you can't get intro accounting I'd get out now.

Door to door dildosalesman.

Great base and commission and best of all you get to chat to lonely housewives and teach them how to use your products.

>>964265
I feel like sales jobs would stress me the fuck out.

>>964267

Yeah... Definitely want to stay away from door salesman.

Nothing illegal about selling them. There's 3 in my town and it's an illegal state (rec and med). They aren't very profitable businesses though.

Hardly anybody is going to buy more than one bong or vape. You won't have many returning customers. And the margins at these shops are small, forcing you to raise prices. Why would I pay $5 for rolling papers at one of these shops when I can buy them for a dollar at 7-11?

>>964053
I agree with you 100%
Do you have any ideas for a similar shop? something that can turn out profit.

>>964065
Fucking sell weed if its legal