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Archived threads in /biz/ - Business & Finance - 226. page
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Is their ANYONE at all in this board that is actually wealthy and successful and that can prove it, and not just a NEET, a manchild or a teenager?
17 replies and 2 images submitted. Click here to view.
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>>1289747
I don't think so, I mean a wealthy successful person wouldn't browse 4chan. Also NEETfag reporting in.
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>>1289756
What makes you think a successful person doesn't find browsing this website entertaining?

I have a friend who made close to $400,000 by selling his business, and he browses this website pretty much.
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>>1289946
define wealth and success? im the lead inhouse engineer at a company, i got the job with only an associates, drive a 40k car i baught for 8k, and save around 25k a year, starting when i was 21. zero debt too. Im also healthy and in a strong relationship. what are your parameters?

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>Just started my ebay business
>15 sells so far
>Only one feedback

Why do people do this?
8 replies and 1 images submitted. Click here to view.
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>make thread
>no one replies
>make thread again

why do people do this?
>>
>>1289736
sage
>>
>>1289736
How much does eBay take out in fees these days? Thinking about starting up myself but keep hearing about horrible fees and that by the end of your sale after dealing fees,taxes,and shipping you only make roughly 61.5% of what you sold the item for.

I am a total /biz/ illiterate and I want to learn how to invest. I am still young so I wouldn't mind going for a more risky way to make money.

It is not a lot, but I actually have 4,000$C I can invest. Would stocks be the best option ?

I can put a lot of time/effort to learn.

Thanks !
8 replies and 1 images submitted. Click here to view.
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>>1289601
Well I would suggest that you become biz literate before dumping money, unless you play it cool and buy into a mutual fund or something.
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>>1289603
A mutual fund is when people like me put their money in a pool so professional can invest it in stocks, right ?
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>>1289601
With the way Trumpcoin is going at the moment, you should put at least 300$C into that. With the marketing videos and massive buyer support; it's feasible that it will be $0.05 by the end of the week.

It is currently trading at just above $0.02 so buy now and sell at the end of the week to 2.5x your money.

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Not sure if this is the correct place to post this, but I was wondering what you guys might think because it has to do with education which translates into how you are going to make money.

I just finished my first year of college with a 3.8 GPA majoring in accounting. I know the first year is generally a lot easier, but I was wondering if college has been dumbed down for diversity quotas and to bring in people with low IQ for the sake of equality. I know things will get harder when I go around to getting my CPA. Oh and what do y'all think about choosing the accounting...
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12 replies and 1 images submitted. Click here to view.
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Another thing I wanted to add to was this. Am I the only person that is taking college seriously? Most people just seem to do the bare minimum and are completely disinterested. Lots of my classes are 1/3 full during the normal classes and for the final the room is generally packed.
>>
http://www.gradeinflation.com
https://en.wikipedia.org/wiki/Grade_inflation

College hasn't been dumbed down for diversity so much as it has been commercialised. American universities will pass a student that should fail because otherwise that student will simply pickup and move to another college, taking their tuition fees with them. Normie middle of the roads students like you get pushed up to higher GPS and now we've got a saturation of people getting 3.5+

Checkout GPA converters like http://www.foreigncredits.com/Resources/GPA-Calculator/
Where...
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>>1289517
Are you at a very good school? If not, then yeah most people are probably just trying to graduate so they can try to find a job in an office as soon as they can once they graduate. They probably don't enjoy what they're doing, but think it's the most practical thing they could do.

Doesn't mean there aren't others who are interested, but honestly if you're in your first year, there's probably a few students who know pretty much all of what is currently being taught, because...
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I recently hired an employee that I don't really like. They passed the interview well, but upon working with them, personality wise they are just kinda a fag.

The new employee has done adequate work, shows up on time, but has never really wowed me.

Is not liking someones' personality grounds for firing them?
24 replies and 5 images submitted. Click here to view.
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>>1289401

My guess is you can get away with it, as long as you're not a dick when they file for unemployment.
>>
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Sadly, no. You'll have to come up with another reason to avoid any hiccups he may cause afterwards.
>>
You might grow to like them.
Or just cut their hours till he or she quits.

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Why shouldn't I 49% DICE ROLL 10% of my income?
9 replies and 1 images submitted. Click here to view.
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Save up a few thousand $.
Play roulette, watch until there's 4 of 1 color in a row.
Place a $1 bet on the opposite color.
If you lose, double or nothing total earnings on the same color
repeat.

Extremely low chance to lose all your money.

Enjoy being rich I guess. Best way to gamble.
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>>1289388

What are the odds on this, I know nothing about the game
>>
>>1289388
>>1289391

Whenever I'm feeling blue I just need to remind myself that there are people as dumb as you guys and I'm gonna be okay.

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im going to start a debt-acquirement agency
anyone with experience ?
need to find seller but google isnt much help
where can i find sellers that are affordable
how much should i expect to spend
9 replies and 1 images submitted. Click here to view.
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Self bump
>>
Heh, sounds like someone watched the most recent episode of last week tonight with john oliver. Think for yourself and find your own business idea instead of preying off the poor/indebted pls
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>>1289308
I think this isn't as easy as it sounds. It sounds like one of those things like pawn shops, that are a huge hassle to start in the US (I'm assuming that's where you're from since I've never heard of debt-acquirement agencies in Europe). Maybe you can start out buying and selling a bit on the secondary market before throwing money at a market you know very little about. Or you can buy contracts from existing shops and just get into the collection side of it. Trying to do everything at once...
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Any recommendation for budget apps?
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>>1289283
Mint

You're welcome
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>>1289285
...they want my bank account info?
>>
I use mobills. Nice, simple and keeps track of your balance without asking your bank info

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>implying the Fed isnt waiting to raise interest rates to avoid bursting the bubble until Trump becomes president, as Obama, a democrat, nominated Yellen to become Chairwoman, thus tarnishing Trump's image
7 replies and 1 images submitted. Click here to view.
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Thatd be obvious and backfire.
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>>1289241
Rate hike is in September, though
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>>1289299
>implying the rate hikes will have immediate ramifications

We won't begin feeling the effects of the rise until a few months after they've begun again.

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I work here as a Financial Advisor ask me anything.
19 replies and 1 images submitted. Click here to view.
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>>1289221
what happens if you dont meet your quotas
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>>1289274
Basically you wont get the comission on your portfolio and youre stuck making 60k which is shitty if it is a habitual problem you get put on a performance plan
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>>1289298
Is it worth jumping into? Sounds like it requires a CFA

How's the career growth potential

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There wasn't a stupid questions thread up. So now there is. Ask your stupid questions here. Don't bump, you aren't entitled to an answer.
7 replies and 1 images submitted. Click here to view.
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OP signing in with sqt #1
Buy $40 June 17, 2016 Calls @ $1.50 x $1.85

The first part is self explanatory, but what are the last two? The bid and ask?
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>>1289164
Why would you be quoted the ask AND bid with a quote that says "buy.."? You pay the ask
>>
What's the best way to monetize a website? I know ads are giving less and less return.

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>http://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

>Altogether, Buffett's index fund bet is up 65.7%, while Protégé's basket of funds (more on that below) is up 21.9%.

8 years in a row, index funds have outearned people who pick stocks for a living.
6 replies and 2 images submitted. Click here to view.
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>>1289084
eight years?
>since the housing market and stock recession
>thinking that we will have 8 more years of bull market
>>
>>1289084

Is there any reason to go with a company like vanguard or is it better to just use Robinhood and go passive on the main indexes: Bonds, Stocks, International?
>no expense-ratio
>no worry about company bullshit
>>
>>1289098
this

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What are some biz approved methods of winning the lottery?
10 replies and 1 images submitted. Click here to view.
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buy 175million lotto tickets, then shove them all up your butt
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Suck a bilion cocks for 1 dollar. Buy 1 billion lottery tickets. Put sharpie in proper. Fuck green text
>>
If you put 0 USD into it, you effectively play for free.

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So whats to stop me from buying a dividend stock the day before it pays out and selling it the next day for free money?
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>>1289045
Absolutely nothing. But the value of the stock goes down the exact amount of the dividend on the Ex Dividend date.
>>
well of the dividend is like 0.30$ per share what guarantees do you have that the next day the stock value will be the exact same? As the other guy said, they're most likely to drop just because the dividend has been paid so recently
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>>1289049
If this is always true then you can sell a naked call and buy a put on the ex dividend day and profit off a high dividend paying stock


Op, there's a strategy to profit off of this with optiona but you need alot of capital. I calculated if I wanted to do it with Phillip Morris, I'd have to put up about 8500 to make about 40 dollars after taxes and fees assuming all went well. This amounts to a 171% annualized return, however, it is inherently as you're putting up alot of money to make very...
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Hey I'm new to stock trading investments. Is there some reason I can't buy if a stock goes up a penny and sell if it drops a penny and just keep doing this until I'm a millionaire. Stocks tend to rise and drop by more than a few penny whenever they move.

If you are only invested when it's rising and no other time you can't feasibly lose any money. A simple computer program could easily do that for you.

Why is this idea BS?
6 replies and 1 images submitted. Click here to view.
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>>1289005
Fees & You need people willing to buy what you got
>>
I was wondering how that ruse in OP's pic worked,
Then I realized -

'LOL, nobody reads the Terms & Conditions!
>>
>>1289880
>people willing to buy
but isn't that what a stock price indicates? what people are willing to pay for it?

also: don't brokers do this for you?

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