Archived threads in /biz/ - Business & Finance - 510. page
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Check out Shkreli par off another but hurt idiot
https://www.youtube.com/watch?v=HWd4-Z0xBos
>>1106157
He's surprisingly patient, and disarming. I see why he's made so much money, because he's obviously smart. She didn't carry herself very well at all, lost her composure fast.
>>1106317
shes black of course she cant d oanything well
Is real estate not a viable way of growing wealth steadily?
>Get good education and job (Whatever profession you desire)
>Save as much as possible
>Buy house / apartment
>Rent it out
>Buy house / apartment
>Rent it out
>Buy house / apartment
>Rent it out
>Repeat
I mean, shit, take some carpentry classes, and hustle to improve the houses / apartments for a relatively small budget.
It would have the benefits of:
>Almost complete liquidity
>Stable income
>Exponential growth
>Can be turned into a company (Hire other people to manage it)
>Your children can inherit a lot of wealth
With the downsides of:
>'Landlocked' into country
>Maintenance work
>Renters from hell
Why do so few people do it then?
>>1103950
real estate around the world is in a gigantic bubble, liable to pop any day and make you lose half your investment or more.
if this wasn't the case, yes, it's generally a good investment.
>>1103954
Is it really a global bubble?
Even then, once it bursts, it is bound to go back up due to the nature of real estate.
Or am I mistaken?
>Be me
>Dad retired, sold his business, but kept the mortgage free proporty and rented it out for €1,500 a month after cost
>Dead dies, FeelsBadMan.jpg
>Inherit property
>Get monthly income from property, rents gets raised once a year, basically no work from it because I have a manager on it.
>Don't give a shit about the market value of it, just keep sending the rent checks every month
I...
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Explain to me like I'm five; why is Japans Long-term credit ratings at Standard and Poor's AA? Why is Sweden AAA?
I honestly don't get it, engineering major, know very little about econ.
Isn't Japans population decline and massive debt a huge risk when it comes to long term credit rating? Isn't Sweden with it's immigration and current political chaos extremely volatile? The Stockholm OMX has been going way down recently as well.
Any ideas welcome, thanks in advance.
>>1108695
>Isn't Sweden with it's immigration and current political chaos extremely volatile?
this is just a /pol/ meme, if mass immigration will cause any problems it will take ~10 years at least, a couple of weak effeminate swedish boys getting mad seeing their perfect aryan girls twerking with ahmed and mohammed doesn't really affect the economy at the moment
>>1108704
Any ideas about Japan then?
>>1108708
Japan has been fucked since the late 80s. They just nirped themselves so they have proven to have no idea what they are doing
Guys I need ideas, just spill all you got.
>I have clothing shop one in internet and one OP
>No one is buying
>Shit need to do something
>4chan!
>>1108667
What's your website?
suck dicks
I don't know if I can post it here but http://drabuziai-internetu.lt
Are you ready for the £900/oz happening?
https://www.youtube.com/watch?v=8iwOQKnQUy0
>£900/oz
it's like saying 900 flugles a jumbit or some shit
use real measurments
>>1108646
>put £10000 into PHGP back in August
>pay a touch over 7000 a share
>tops 8600 this morning
Muh dick.
Commodities are quoted in USD.
Why are you being a faggot?
>growing worker insecurity is a significant factor keeping inflation and inflation expectation low, thereby promoting long-term investment
Was he right /biz/?
>>1108568
>Was he right /biz/?
Yes, at the time he said it (1997). After that ... not so much.
>>1108568
He's technically right if you think in terms of the Phillips curve.
But fucking over workers to manage inflation has never been good economics and never will be good economics.
>>1108575
Why not?
![1456206485571[1].jpg](https://i.imgur.com/JNW7Bvd.jpg "1456206485571[1].jpg")
Hey, /biz/, I've been thinking about two different ideas for a while now for monetizing a hobby, but they go in very different directions.
One is my hobby for competitive terrestrial RC cars and designing parts in autocad (Two years experience) and getting them machined to sell.
The other is selling custom (illegitimate) TCG cards; I've dabbled in four or five different games and researched their production methods.
The latter is very grey area (A.K.A super easy to be sued for copyright by multiple parties), but has virtually zero overhead unless...
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Switch to drone racing, you'll find more opportunities there. Create racing parts, exterior aerodynamic design (or simply looks cool).
>>1108088
I'll have to look into that; I don't know much about drone aftermarket.
Guess which housing market this is.
>>1108015
Vancouver or San Francisco
Boston
Lel that's toronto
i Live in CA
in 2016 is growing Marijuana a profitable business?
i run a few small businesses and thought about getting into this "industry"
am i fucking myself over dumping money into this. any stories. good? bad?
As a seller (dispensary or recreational shoppe), the banks won't accept your money as it's legality is not recognized on a federal level (US only). You'll need to hire a lot of security, and keep your money in a vault. Do not avoid paying taxes despite the opportunity to do so as businesses in this industry are under a lot of pressure to act responsibly and feds will look for any reason to shut it down.
All things considered, it is a very profitable business but in some states/provinces, you'll need a farm or large scale grow op (licensed, of course) to supply x% of your product.
I know of a family of farmers that got contracted into growing medical marijuana in Canada and despite all the annoying paperwork and government inspections, they're caking in money.
>>1108013
I work as a producer in the southwest area. Our medical program is a bit more strict than in your state (which is quite frankly borderline recreationally legal imo), and I think you should focus your money on cannabis products derived from growing marijuana. Believe it or not, growing isn't the hardest thing in the world, and most dispesaries have no problem getting bud to the shelves. However, edibles, extractions, etc are going to be all the rage in the next 6 - 10 years. Specifically solventless extractions....
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Is Timothy Sykes legit?
>>1107935
>Timothy Sykes
>Jew
>becomes rich
What do you think?
>>1107935
>can he teach you to scam?
yes
>can he teach you to trade?
no
he did make a couple million trading when he was in his early 20s, then he set up a hedge fund that failed. he knows how to trade, i mean hes no superstar or anything but he has some good results to show to. however these days my impression is hes mostly selling stuff to hopeful/stupid people, since its an easier and less stressful way to make money than to actually trade.
![little_lake_creek0006[1].jpg](https://i.imgur.com/qfBif5C.jpg "little_lake_creek0006[1].jpg")
I've got 1.5 acres of land in bumfuck nowhere, how do I make money off it? Market value is about $7900.
Grow weed
What he said.
What State is your property in?
How do I get started with shares? I've read some about how the system works and I wanna get into it. What are some good programs/sites that I can buy shares online? I've got a little under 2000 usd to spend.
get paid pupper!
>>1107499
Don't be foolish, read some business magazines for recommendations for share purchasing, and remember, its a risky business if you're not smart about it.
they key is to spread, dont put all your eggs in one bucket. also companies stock price increase when they publis there year repport and it shows a positive number, if you have faith in a company it's easy to boost you money with 10% that way
Was looking in some ways to make money of of the internet, anyone have suggestions for an 18 year old student? Not particularly skilled with coding except for some basic shit i learned at school
>>1107451
Camwhoring, playing CSGO to sell skins
>>1107451
get a real job
I have a real job + i've recently sold 600€ in skins, did a nothing to knife but it took a year. And i find i get bored quite easily when im not working so thats why im asking
What can you tell me about the sales industry, /biz/? I am a disillusioned EE student that wants to quit and since that would effectively leave me without any formal qualifications, sales seems to be my only alternative. Is it a good idea to enter this business? How about the perspectives in the long run once you've entered this? Thanks for your help.
depends what you're selling. Basic cheap retail then there are a few reqs, social ability etc. but obviously you want to be making alot of money, so you're going to want to sell high cost cars,yachts or real estate, the long term in these can be extremely fruitful. but you need to be socially adept, well groomed etc. good luck. its more about who you know than what you know. so network find some people ho work high up and befriend them.
>>1107436
Thank you man. The social abilities and basic charisma shouldn't be a problem as even my fellow students ask me what I'm doing there with my skills. EE is really a gray and low-energy environment..But it's good to hear that this switch is possible. If somebody can do it, then so must I. Also: Is it better to start in smaller companies and then work up, or try to land in larger ones where they require degrees even though I won't finish mine? The basic strategy would be to get noticed through my success, right?
>>1107488
go for smaller companies, for 2-3 years, if you notice a way you can work up, go for it. but those couple years of experience will be looked at really favorably by the larger companies. just work hard and all and any success will be noticed, not just by your current employers but by potential future business partners too.
Which are you, /biz/?
generally kanban, though as annoying as they are I would insist on scrum-style reviews so everyone knows what is happening in the wider world and has an opportunity to whine, complain and bitch in an atmosphere that encourages them to handle banter and not be dysfunctional
>>1105714
I used to be scrum, but my department got merged into a larger one that does Kanban. I'm fine with it though, because we didn't to scrums right at all
>>1105714
wtf is this shit? I am none.. I've got a big dick and that's it.
