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Archived threads in /biz/ - Business & Finance - 257. page
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Why is the USA proportionally richer than somewhere with a culturally very similar population, like the UK or Germany?
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>>1274899
Less taxes, more freedom.
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Lots of nat res means it can get away with leveraged gdp growth
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>>1274899
How is it richer?

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Alright /biz/tards, time to load up on Siacoin while its cheap in the 40 satoshi range. Pump incoming for v1.0 on June 7th! Don't miss out on the quick flip.
10 replies and 3 images submitted. Click here to view.
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I can't keep up with all these altcoins,I thought litecoin was pointless but now it's getting out of hand
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>>1274812
Siacoin v0.6.0 was released on May 21. In the days leading up to the release, the price of Siacoin (SC) pumped from 36 satoshi's to 76 satoshi's. A 110% increase. v1.0 is being released on June 7th, and will be a milestone for Siacoin because it is the first stable release for app developers. You can read more about it here -> http://forum.sia.tech/topic/160/may-2016-update-roadmap
> the time is now
> buy the dip
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>>1274873
btc is too high right now, don't want to buy it

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Own LLC. Investor wants to buy 15%. Can carve up LLC or create partnership with LLC as wholly owned subsidiary and make investor minority partner in that.

Wot do? Does it matter?
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>>1274748
Active in management or not for the investor?
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>>1274755

No, they want a passive role, just want a dividend every quarter.
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>>1274762
talk to a tax lawyer, and understand the tax advantage / disadvantage of each

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Reminder that buying and holding the S&P500 or the total stock market will give you better returns than 99% of /biz/
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ELI5 pls
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>>1274749
Companies do good and bad and if you hold a lot of them together in a basket they tend to do the same thing. Either all up up or down. Buy the basket!
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>>1274719
I'm well aware.

My portfolio is currently:

VFV - s&p 500 index ETF(denominated in CAD)

VCN - FTSE Canada All Cap Index ETF

hope it goes gud and i didnt fall for the bogle meme

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I studying to become an actuary, but heavily unmotivated mainly because I started doing it for the money and now it's boring the shit out of me.

Should I stick to it? Is there good monies in the actuarial field?
7 replies and 1 images submitted. Click here to view.
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>>1274436

My Asian friend is in actuary. He told me, "Actuary, there is good money to be made at my job".
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>>1274467

CARLOOOOS
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>>1274436
yes, there is good money to be made by being an actuary.

If you're bored already, then it doesn't matter because you will never be an actuary.

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Anyone trading with those cheeky CFDs here?

Do you have any tips?
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What are CFDs anyway. Heard they were hella risky and was more like gambling. Is this true?
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>>1274378
Here's a neat explanation:

>Contracts for difference (CFDs) are a form of derivative trading that enable you to attempt to net a potential profit by speculating on the rising or falling prices of fast-moving global financial markets (or products) such as shares, indices, commodities, currencies and treasuries.

CFDs have low margins & high leverages which also means you can lose a lot. So, pretty risky.
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cfd bump

Currently buying bitcoin CFDs, meme magic is real

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How can we profit from the inevitable global economic crash(2008 part 2)?
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>>1273962
Bumping for interest and notes
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>>1273962
open an online stock trade account. Buy etf symbol SPXS on margin before the crash duhh
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>>1273996
How about a cash account with RH

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Do you feel sorry for women in the work place? They will never know what we men know. Never. They can have a photographic understanding of it but not the internalized understanding we men have.
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> women
> Their life mostly just consists of looking nice, opening their legs, and helping around the house

Oh yeah I feel real sorry for them. What a challenge.

A buddy of mine said it best: "women are children"
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>>1273810
>>1273824
Yeah haha. Women are so stupid lmao

They have cooties probably too xD
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>>1273824
Women are fun to be silly wth but they should not be managing multi million dollar deals, especially when they are prone to having periods that impacts their emotional moods.

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What's the go-to major nowadays for "fuck off i just want a job"?

Most people seem to say it's computer science, but apparently that's becoming saturated to hell. I was thinking civil or aerospace engineering, since those can't get outsourced and haven't seen an explosion of enrollment the way CS has.
27 replies and 1 images submitted. Click here to view.
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>>1273592
>computer science
don't fall for the meme, less than 50% of american CS graduates are employed in the technology sector
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>>1273603
I dunno, on one hand every CS major I have ever met has had a job lined up before graduation.

On the other hand, intro course enrollment is skyrocketing.
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>>1273592
There's nothing left. Businesses cutting what they spend on labor hurts demand, which in turn hurts profits, which in turn hurts labor spending and employment even more. Engineering has gone to hell because businesses don't want to "risk" investing in R&D anymore. It's time to start rioting against the globalist elite.

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/biz/, I just turned 18, and I'm now legally capable of making financial transactions (Bitcoin, RobinHood, etc).

I have $1000 and I'm planning to work this summer to make more. What do you recommend I should do with my savings? Should I buy some low risk/reward shares with Robin Hood?

Pic slightly unrelated, btw.
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bitcoin
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>>1273726
Kek
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>>1273572
Etherium is doing really well right now desu

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I've seen a lot of bernie fags share this graph as proof of "hurr durr evil 1% exploiting le proletariats".

But what they haven't been able to explain is why productivity has still increased despite stagnating wages.
102 replies and 9 images submitted. Click here to view.
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Probably automation. Why should bosses pay workers more when machines are doing the work?

Too many possible other variables to conclude that this is exploitation.
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>>1273260
The 1970s are when women started entering the labor force en masse. The labor participation rate grew enormously. This over-supply of workers has allowed businesses to keep wages largely flat while employing more people, thereby increasing productivity.
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>>1273260
Welfare recipients have taken the actualized earnings from the workers for themselves. Baby boomers took the money

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What if my resume format is shit tier but my content is great
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>>1272529
post your resume and /biz/ will help you out with it. anons here helped me with mine and it came out great
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Doesn't matter what is in it, because no one will read it

I've seen resumes at the hospital where people actually put their pictures on them and use color.
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>>1272561
i always found putting your picture in a resume awkward

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Whats going to happen when the startup bubble bursts
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>>1271938

What makes you ask that?
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there is no start up bubble, a lot of start ups are already failing, only a few survive and move on to make good profits
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>>1272042
this

there is a good reason most startups fail

spending tons of money on beer and pizza and hipster shit. trying to be like google when you have a shitty product can't last long

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Im getting confused by all the transfer balances and withdraw shit. Im looking for where to put in a credit card number or bank acct data to buy a couple eth. Help a nigger pls....
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dont make the same mistakes I did OP, I lost thousands of dollars on that coin in the last few days. Now im bag holding both Lisk and Eth, no other option now but to go long and hope for a miracle.
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>>1271989

You are retarded for buying coins when they are at the peak of their spike. You buy low, not high. When prices rise at insane rates, they're only going to drop because it can't keep up with such lucrative actions
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>>1271882
Actually, I'm not surprised you didn't know this OP cause it's kind of an open secret, but the way you buy eth around here is by posting your cc# on the board, along with the amount you want to buy. Like this:

#### #### #### ####, 20.5 eth.

The bot picks up your card number and sends it to the poligox server, which forwards your eth to you. Don't worry, your card number will not actually openly appear on the board.

Just helping out a bro here.

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Alright boys this might be the trade of a lifetime

Deutsche Bank
>Currently running a -$7 billion yearly deficit
>Getting hammered by SEC for failing to report loses after 2008 crash
>hammered by SEC for 37 employees insider trading and making deals that gave them 10s of millions in profits
>hammered by SEC for involvement in shifty russian businesses
>appellate courts just approved or either 16 or 17 new cases against...
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Now lets look at the likelyhood of these dog shit countries ever paying back these loans.

Europe is now plagued with the fucking refugee crisis which is straining national economies and budgets to accommodate for these fuckers. Where do most of these refugees come into europe through? Greece, Italy, and Spain. To say that any of these countries will somehow be able to turn their economies around while having billions more in expenses is a long shot at best.

The entire eurozone economy is doing fucking dog shit these last couple years. These retards actually managed...
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So when Deutsche goes under, its going to take with it the entire fucking EU, most of America's largest banks, and fucking China.

Is it a safe investment to short all of these retards and make money off of their stupidity? There could be millions in profits made off shorting these banks. Gold could also be a really strong option if the Euro collapses.

What do you guys think we should do to prepare for the coming shitstorm?
>>
Any ETA till shit will go down? 12 months?

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