Archived threads in /biz/ - Business & Finance - 7845. page

>>962529
Are you sure you're not the same poster who wanted to be in investment memeing and made 10 threads before?

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>>962529
>>962533
Oh I got dubs, I decide that no you shouldn't continue down that path.

Mostly because you are a loser and will always be a NEET

Fuck what anyone thinks. I'm 18 aswell and I wanna be an entrepreneur yet every time I tell them they just say you can't get rich, go get a 9-5.

Never mind what your family wants you to do, investment bankers make good money. Walk your own path and make your own decisions

smdfh

>>962526

Illegal pretty much everywhere.

It's okay, OP. I considered giving you money but made a donation to the Human Fund in your name instead. God bless.

http://www.amazon.com/Car-Living-Your-Way-Practical/dp/0964957337

>>962495
>greatest country in the world

>>962506

http://www.amazon.com/Oppressed-Butt-Inclusive-Holiday-Coffee-ebook/dp/B017UW5POQ/ref=asap_bc?ie=UTF8

Must read.

>>962440
how do you get a visa to live and work in cheap asian countries doing this shit?
last I checked you need to fit their needs and have qualifications to move there

>>962444
I was thinking just travel around and alternate between countries(Thailand, Vietnam etc) with temporary visas. May sound like a bum to /biz/ but it's honestly my ideal lifestyle, just be semi-comfortable and explore on passive income.

>>962445
>Thailand, Vietnam
Lazy degenerate thinks marketing is as easy as "spend money, receive sales."

>>962406
I thought you are supposed to pay it off in full within the payment time. Credit cards have a monthly loan interest of like 30%

What's your monthly income? Debt/Income ratio can be quite telling. I would recommend paying it off at a rate higher than the minimum, but don't just kill your savings in one go. Double minimum tends to work pretty well; just pay 2x the minimum payment. For you, this will probably be 75/month. Considering you will probably only be paying 25 dollars or so max in interest per month, this will be good progress.

Op, just keep doing what you're doing. Don't worry. You're exactly the kind of consumer America needs. Make minimum payments, for the rest of your life, on that debt that's growing at around 30% each month. Just don't default.

>price (of whatever) goes up
>people see price goes up so they buy it
>because of this price goes up even more
>repeat for a while
and then usually after a while someone will realize the price doesn't even remotely reflect the true value of whatever, and start to sell, and then everyone sells and the bubbul is poppd

>>962351
Because there must always be a Lich King.

>>962351
In part, greed. The economy wants to continually improve. Companies want to continually improve. Individuals want the same. On an upward trend of profits, when an economy, a firm or an individual starts feeling friction, what do they do? They try to defy gravity, the opposing market forces. This might lead to increasingly unethical and more risky behavior.

>2008
>banks: Well guys, looks like we've lent to all the credible people already... should we let this limit our profits?
>banks: NO, just start giving loans to everyone to continue to increase profits.

>now?
>colleges: well guys, looks like we're approaching a plateau in regard to the number of highly credentialed highschool graduates to admit, should we let our profits plateau as well?
>colleges: NO, admit more less qualified highschool students that will statistically not be able to find jobs and not be able to payback their loans.

sincerely,

an ignorant anon

>>962349
Christian Bale

>>962355
I don't have wavy hair because I'm not a faggot though.

Come on guys, anyone?

>>962336
The difference?
For smart people - at the end of the year, the CC company will give you cash back on money spent. E.g. 1% - 3% on good ones. You spend $1000, you get $30 back. So it makes sense to use CC for purchases.

For dumber people - a way for instant gratification.

By the way, kosovo is serbia, right?

>>962336
It's just a meme that gives you some rewards for how much you spend if you pay it off on time.

Credit score is for determining how reliable you are on paying back money after borrowing it.

Also why are Estonia girls so qt? How much money do I need to be able to kidnap myself a gf from there?

>>962338
>You spend $1000, you get $30 back. So it makes sense to use CC for purchases.

>Playing chicken with a 20%/y debt for a measly $10-30
Some stupid shit right there.

So you're saying waiting to polish can make a product release better in the face of hyped competition? Now, where have I seen that before?

>>962281
Considering I didn't even know there was an XCOM 2 coming out, and that I am part of the demographic they'd like to target (early 20 year olds with lots of disposable income), no it was not a good idea

>turn based
as if any fallout fan would care about it.

>does not post total return index
>does not understand what long term buy and hold is.
>extrapolates and magically no new high is set in the future like it should based on the past data.

Pls stop trollan newfriend

>>962274

>does not post total return index

look at hypothetical growth of 10k and you'll see that because of the two crashes, unless you invested and withdrew during two small windows of opportunity, you will have lost money

>does not understand what long term buy and hold is.

the market is so volatile even if we're talking about 10+ year investments it's still not guaranteed returns

>extrapolates and magically no new high is set in the future like it should based on the past data.

the extrapolation was not entirely serious but i imagine fluctuations like that will still happen

>>962266
To make it really simple for you.

If you were oldfag and had a kid in 1995 and invested $ 10.000 dollars in the S&P500, that spoiled shitkid would be in university now with $65000.

Hurr durr muh inflation. Inflation adjusted that still turns it into $41250

>>962165

It's easy to inject credit cards into a conversation. After you've been chatting a few hours try to get on that subject, then ask her whether she pays her credit cards off in full each month. If she doesn't just turn around and leave. Block her number and delete any details you might have on her so that you aren't tempted.

As an aside, avoid anyone who plays the lottery or does any other kind of gambling.

>>962165
The biggest red flag is if she always running out of money and having to eat nothing but ramen for several days before getting her next paycheck arrives, same thing if she can't afford to pay her phone/electricity/rent bills until they're overdue.

A slightly smaller red flag is if she frequently buys junk like new clothes and fancy electronics with her credit card, in my experience people who do that usually have at least twice as much debt as they think they do

>>962165
You should be able to tell right away if someone compulsively spends money, I mean all women compulsively spend but if she had a stable father there's no way this could happen. I mean how do you date someone for more than a week without realizing this

>>962138
Maybe you should try other brands

>>962139

/thread

Wow

>>962121
It will allow them to build more Russian suburbs like the one in your pic

I don't think it will do much. Most of the major oilfields in Iraq border Kuwait or are in Kurdish areas. Iraq only produces 3% of world crude anyways.

We have an over supply problem that is causing pressure on energy prices. Any action in the Middle East is likely to be seen as a potential to restrict supply. While we have OPEC not restricting supply further we will unlikely see any significant reduction in global stockpiles. Should supply be restricted we would no doubt see Shale Oil from the US be increased with the rise in prices restricting the upside value. All in All we need to either see a significant blow to oil producing countries that would limit supply, or a massive shift in demand that would cause demand side pressure. Either way I wouldn't be looking to oil as a saviour. For what its worth, Russia do not need the oil, they do need strong trading partners. I would say that they would make more out of Assad being in power than a guaranteed supply of OPEC's oil.

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I couldn't take it anymore so I said the Porsche 918, the McLaren P1, and the LaFerrari as well as the Koenigsegg Regera all pollute as much as a Prius, sometimes less. They have amazing performance, and cost more than a million dollars, some even more than 2 million. Some students got so angry they actually told the Prof I was being a bigot, and the Prof actually told me not to share my views if they were so detrimental to the discussion at hand. I told the Prof that I was done with this hatred I'm seeing here against the wealthy and intelligent individuals that make it possible for so many of the students in this classroom to even afford a university education, and I told him that if he was going to continue to teach a class on Ethics and Morality, he should be teaching both sides of the story, instead of filling students minds with blasphemous ideas about the intelligent and wealthy members of society that make it possible for this University to even exist.

I then proceeded to walk out of his class, and students boo-ed me on my way out, and as I was walking out of the door, the Professor actually commented on my disdain for his teachings by telling the rest of the class "he's just like them, there's someone you should not aspire to be." After hearing this, I immediately went to the Student Center and booked a meeting with the President of the University.

The meeting is next Monday in the afternoon, what do /biz/? I need some material, how can I defend the wealthy and intelligent individuals in society, in front of the President of a predominantly Liberal University?

Please help a Business Student out. I have goals, ambitions, I want to make it in this world, but everyday I'm constantly challenged by the ideas of the poor, the ideas of the less intelligent, and the ideas of the less fortunate. How can I put these things out of my mind, and carry on through my plan to forge ahead and obtain my PhD and do what I love, which is making money, and loads of it?

I understand, it's humiliating to be booed out of class and have your professor say mean things. That's not right.

Just keep on going down your path. It's not candy land out there and people are going to hate on us. Are these people worth your time and possible resentment for bludgeoning them to see your side? These are your possible clients, employees, investors, lawmakers, bankers, anyone who could help you succeed. We all have our own opinions. Are you running for public office of the rich peoples party? You don't need to espouse anything to the public. Channel your energy into something productive.

>>962055
>colleges full of communists with zero real world experience

More news at 11

Pray to Jesus

Take it urban. feed 50 families off 1 acre https://www.youtube.com/watch?v=jSNc13cmknE

60k sounds like peanuts compared to what a big fram would be losing. Just make it 200k, people will come.