So lots of us are successful or will be successful later in life. Big concern is that you'll get keked by a bitch wife that you thought was the one at some point in time. So in preparation for the future, what's the best way to keep assets protected in the event of a divorce (50+% chance) so the worst damages would be alimony and child support? Basically how do I keep my house and car etc?
My thoughts were creating a trust that only a relative could access. Paycheck automatically funnels into said trust. Relative is the on paper owner of the house and uses money from the trust to make payments. Is that feasible? With somebody trustworthy like parents or siblings?
Pic related. I'd risk marriage for her.
Anything not directly accounted for when it comes to a divorce usually means it's in the hands of someone else. You need someone you can trust. Do you trust your parents with a lot of money, how about your siblings?
You have to realize that legally if you give them this money, they have no obligation to give it back. Ever.
The alternative to this is putting your money into bitcoin and going to a country that doesn't have an extradition treaty. Of course you'd need a large amount of money to make this worthwhile.
All I can say is, think before you act.
Why even get married in the first place
It's an outdated concept and there is no incentive for a millennial to get married
If you do choose to marry, then no hymen no diamond
Hey /biz/ what's a good way to launder money from a drug enterprise?
Around half a million.
>>958860
Open a rehab clinic.
>>958861
I thought of that, if only for irony but I think the oversight would be too high. Also sometimes peoples insurance cover rehab and might create too much paperwork
own a washing machine and car wash buisness
Hey /biz/
I have 20k in cash and i really want to invest with this money, problem is i dont know what to invest in. Im willing to take a risk but i would prefer the safer option, any ideas?
>>958752
no just save it.
>>958804
worst tip u could give him.
>>958752
70/30 split between a total stock market index fund a bond fund.
/thread
Best site for bank owned/ foreclosed homes? Most are shit.
usually the ones that aren't shit are short sales because once you get past a certain amount of money and can afford a house that isn't shit you are smart enough to not let the bank take your house...
>>958596
The best homes are sold off market.
Sorry
>>958596
loopnet
So I just came into some money and I want to start a business.
I need something with a very low overhead and as little permitting as possible. Also cash only is preferred.
Any ideas?
Pic unrelated.
weed.
>>958594
I should have mentioned; not drug dealing.
>>958595
grass that looks like weed
starting up a hedge fund so i can marry this little girl
raised 1.2mm so far
trading futures right now with an algorithmic strategy. I'm 29 with a MS in mathematics from a mid-tier school, partner is a 22y/o with a BS in statistics from a top school
advice on how to raise more money?
any good conferences?
how to meet high net worth individuals?
located in Texas right now but thinking of moving to california or nyc
>raised 1.2mm so far
I see why you need the money.
>this little girl
The one in the Forever 21 and $5 sunglasses? Yea, you certainly do need to raise some money.
>thinking of moving to California or NYC
Do NYC. California exists for people who couldn't make it in the Northeast (with the rare exception of Silicon Valley)
>>958495
yeah its not much in terms of hedge funds but i doubt you could raise 1.2mm! its hard work! took us 6 months to find 2 semi large investors (100k+) and 7 small investors (~20-50k)
don't hate man
>2nd year in college
>hear from brother that a friend of his is making money by driving people in his car through an app called Uber
>whoa, I can make money doing that? Alright, sign me up!
>sign up process was easy, fast, and high tech (all online, didn't even have to talk to people)
>get the final email saying that my account is active and I can drive
I start to hesitate, I start to think
>"if it's too good to be true, then it is"
>"a sucker is born every minute"
>go online, learn more from websites that aren't Uber controlled
>1. you technically aren't an Uber employee, you're contracted by Uber, so they don't pay you benefits and you have to file as self employed when filing taxes (more money lost to taxes)
wow, so that's why Uber always used the word "partner", they conveniently never mentioned the details about that.
> 2. If your personal car insurance company finds out your driving for Uber, the insurance policy you paid for is canceled.
Hey, Uber never told me about that at all.
>3. Uber gets 20% of the money made from each ride given. And they significantly lowered the rates this year.
>4. Doesn't take into account the cost of wear and tear on the car per mile.
>5. Only demand for rides is in big cities.
I live 40 miles away from the capital of this state, I guess I'd have to drive 80 miles total JUST to get to "work".
>6. The only real demand for rides is late at night, 10pm - 4 am.
ah fuck that, that's when I sleep! Now I have to change when I sleep just for this? So, what, now I have to change my whole life and bend over backwards for this "self employed" job?
>7. Total money earned - 20% Uber commission - gas expense - wear and tear expense of car DIVIDED BY hours on the job = less than 7.50 per hour
I'm out, good thing I never did give even one ride. Uber makes a lot of money, the riders pay a lot less than taxi cab fare... and the drivers cheated!
I drove uber select in Austin for a while last year in college and made easily 45-60 an hour.
You not in a densely populated area. Within 20 miles of LAX and with a busy downtown district just a few minutes away, its easy for me to make a little beer money.
>>958374
The way you word this it sounds like your from some taxi company just talking shit on Uber.
So what's up with Australia these days?
Horrible GDP
It used to be the most desired place to live in the world
What gives people? I moved here from California for study (USA and Aus citizen) and wanted to stay but it looks like I can earn more money and live better back in America.
What the hell happened? My salary after 2 years in Australia is 90k which is only like 63k in America.
Yet the same job I do is about 90k in America
What the hell?
My brother is still in America and is a shitty firefighter who barely passed highschool.
He earns 60k in America which is the same dam salary as me in Australia while I am in a very desired role with a degree in Construction Management.
Congratulations, you just realized that the current exchange rate is terrible.
You can thank the current global resource slow down.
>>958242
So it America now better then Australia?
>>958251
It depends. Several Australian cities are still ranked in the top 10 most livable cities. Also the HDI for Australia is way above that of the US. Of course if you are living in a rich area of the US it would also be quite nice. Overall, I would say living in Aus would be more pleasant than living in the US. But I can't comment personally.
I don't know where abouts you are situated in Australia but the Sydney region's construction industry is booming. I believe it has the highest crane count after Dubai. You are in a good place to move up and gain a lot of experience.
Pic mostly unrelated
Hey /biz, So I'd like to ask for some advice and useful information regarding Algorithmic trading. I've never traded/invested on the stock market but have done a fair amount of research on the basics of it. What I need from /biz is for you to help me filter out reliable resources and methods for algorithmic trading and any advice will also be appreciated. Note: I'm doing this for my final year project, I'm currently a Computer & Electronic Engineering student in a 3rd world country, and I basically need to optimize algorithmic trading methods.
TL;DR Give an engineering student advice on algorithmic trading, and resources for further research....I'm not a lazy ass will anyway do vigorous research just thought there might be some helpful intellectuals on /biz
Come on, doesn't somebody on /biz know about algo trading?? Please help a guy out
>>958089
>where can I publicly read about proprietary trading methods guise??
When you graduate, instead of using your meme degree to get a meme job, work at a bank.
>>958154
Your reply is extremely irrevelent, but yeah working at a bank isn't >> being an entrepreneur....so do you know anything about algo trading to help me complete my meme degree?
/biz/ What is the biggest industry in the world?
I would think it'd probably either be the computer technology industry or the food industry but i'm a dumbass.
You could have just Google searched that in the time it took to create that post
>>958038
yeah you are a dumbass
Oil and gas
/thread
What happens when the oil runs out?
>>958013
It won't
And we would have found something else by then
>>958013
We'll start drilling in our backyards, dumbass
Is this book worth reading?
I'm currently an intern living at home, managing to save up a lot of money, but I'm pretty new to investing. What books are the most essential to getting started?
The way to Wealth by Benjamin Franklin
>>958001
I was recommended it
>>958001
This book is less about getting rich and more about effectively accomplishing what you want to.
I'd still recommend it though.
Ways to Jew le System or Live Frugally:
I'll start,
>Visit foodbanks and take canned/packaged food, fill your backpack with it and say that you are homeless and need to stock up because you've been going hungry
>Ride the bus for free, if they ask to see your ticket then run away or say you forgot(not recommended)
>Get a prescription for adderall and sell the pills individually to rich college nerds
>Fake schizophrenia or similar to get free dosh, research symptoms and then put on a good display, if you do then work cash jobs so you get even more shekelbucks
>Try to open parked cars on a busy street, sometimes one will be open and you can fill your pockets with a bunch of free shit
>Visit places where heroin addicts go to shoot up and ask for free needles, in some cities you get them no questions asked
>Rob people with a BB-gun at night for their mobile phones
>Get bolt cutters and cut the locks off people's bikes, you can use or sells the bikes(optional)
>Trick retards in RuneScape or similar game then sell the gold
>Get a friend to distract people holding garage sales then steal valuable things
>Help someone move houses but steal things from some of the boxes
Post your own Yiddish ideas senpai!
>Sell heroin but cut it with rat poison to kill degenerates
>Create shitty clickbait blog with tons of ads
>Make stupid youtube "prank compilation" videos
>>957975
>>Try to open parked cars on a busy street, sometimes one will be open and you can fill your pockets with a bunch of free shit
Can vouch for this, I used to do this all the way from home every night. The route was long and took me hours but it was worth it.
I used to try every car door, if a car alarm went off I just ran between each car and quickly tried it. Sometimes the whole streets car alarms would be going off at once. Good times
>>957975
>Fake schizophrenia or similar to get free dosh, research symptoms and then put on a good display, if you do then work cash jobs so you get even more shekelbucks
You don't need to, you most likely already have it (judging by your picture), along with antisocial personality disorder.
4% annualised
1.5% above inflation in real terms
What's the point in saving money
http://www.marketwatch.com/story/john-bogle-says-you-wont-make-much-money-from-stocks-2015-11-05
He knows it can't stay afloat forever
But it's better to barely break even than to lose
>>957959
He's just shilling
Obviously this old fat bastard has never made £400 on penny stocks during a 3 day coke bender. Fuck off who is he anyway
>>957959
i'm glad he can see the future from his wheelchair
All fat fedora wielding Shitcoin lovers on suicide watch after they didn't become millionaires over night?
>>957721
hahahahaha
man i remember the "nocoiners on suicide watch" spam, I was expecting this in a week or two
>>957721
Good time to buy soon desu God knows it'll spike again in some months or years for a 100% roi
Most profitable asset you can buy. Literally doubled in price.
It still amazes me that all these gay little anaylists working for their bigboy investment banks don't shift their focus on one of the most profitable assets money can buy at the moment. Best performing investment of 2015™
>made 10,000 dollars due to the price going up
>now buying 50,000 dollars worth of buttcoins on this next low
>nocoins don't understand the business cycle, they literally don't understand
See you on the other side of the next pump and dump. May the ponzi schemes and chinese arbitrage bots inflate the price again.
Nocoiners on suicide watch. TO LE MOON REDDIT