Archived threads in /biz/ - Business & Finance - 539. page
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I'm 25 going to be 26 in 4 months. NEET since 09 and no work experience. How do I get a job? I've been filling out online applications because stores don't take any physical resumes. Not a cal back, What to do?
>>1097175
give up hope
or go outside maybe? You realize that your chances of being hired are about 1000x better in person right?
Do volunteer work for a couple months.
>>1097175
eye contact
firm handshake
Question that doesn't deserve its own thread.
Can people nowadays still make money from making a website with godaddy or shopify offering cheaper options?
>>1095224
Lotta considerations.
You can export labor to cheaper countries, but it means more liability and less reliability, and you have competition doing that.
I make 10 dollars an hour. Can I afford a 60,000 dollar condo if I have a 10,000$ down payment?
When did you get your first job?
How long did you have it?
18, dishwasher at my aunt and uncle's restaurants in South Florida. Worked there from July 2015 to November 2015. Their management was fucked, so no one was getting paid. I stopped showing up after a while. It's still fucked.
5/1998-9/1998 $5.15-$5.30
>dishwasher 16yo
>>1100322
>15, work for family business (part time + summers)
>21 now, I'll be working full time after I graduate next year
Gonna be loaded desu senpai.
I'm a tax lawyer in the Netherlands. AMA.
Do your bang hookers bro? If no why not? Genuine question.
>>1100099
Lol no I guess I have too much self-respect.
Hoeveel risico loop ik als ik m'n bitcoin verzwijgen voor de belastingdienst?
Niet dat t nu veel is, maar stel ethereum gaat naar de maan, funk 50% betalen over die shit.
Pls advice
ITT: Unethical ways of making money.
Last one of these went well.
I'll start with this god tier piece of art.
>>1100800
hue.
>>1100800
This story screams fake as fuck
>>1100800
create fake 'male escort' website, nicely designed and with a high standard and professional appeal. advertise everywhere. tell clients you are into pretending you are 'just some guy'. then outsource the actuall act to some gay twink on craigslist.
have never tried it but i can imagine it would work.
What does /biz/ think of reverse mortgages? I'm considering bringing it up with my parents.
>>1100004
I would rather inherit a fully paid house than one with liens on it senpai
>>1100010
>thinking you inherit the house
oh boy
>>1100013
>not leaving your property to your children
it's like you want them to be poor
/biz/ help me out, I'm studying business management and I've only got 11 weeks left to finish my dissertation. I've not even got a topic yet, can anybody think of anything I could write about?
>>1099574
I don't even know what a dissertation is senpai #yolo.
>>1099589
Its sometimes called a thesis
Write about the rise of antisemitism in your country
Is it normal to start off your first job out of college with something you don't really like and then move on to a better job that suits your interests?
yes nobody is special
>>1097584
Yes but don't get stuck there. Makes sure people at the company know you and know your ambitions. Figure out what you would like to move into and meet some people in that department, let them know that you're interested and that you will do whatever you can to help. Get a masters in whatever you plan on doing while you work at the job you don't like. It's very normal for people to work jobs they don't like for 5 years before they figure out what they would like to do. Experience is key and...
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>>1097584
you'll probably just get deeper into what you're already doing
Do you guys read any magazines regularly? I keep reading that wannabe analysts should stay on top with NYT and WSJ and such.
But I reckon they just have shares in those
>>1099563
I only read what I can borrow/find/get for free as a bonus/get on the cheap.
So rarely.
I'll start:
Bloomberg Business+ (cos it came free with my phone)
NYT (cos I like the pictures)
Playboy (cos I like the articles)
Nature and Science (cos I'm back in school)
Regular magazines from the EAGE, PESGB, GeolSoc, GSA and any number of other geological organisations I'm a member of (cos ya gotta stay up to date - they're also begging for people to write for them so it's an easy soft publication if I want it)
>>1099564
You can get most big magazines on TPB tho, just sayin
Is it legal to be homeless? also how legal is it to collect tobacco from used cigarette butts and sell it
not legal at all
>>1100579
I think you'd have a better time selling aluminum cans you find in trash bins outside of parties? Try going homeless in a college town and making rounds around the fraternity houses after parties. It's littered with cans.
>>1100588
i mean being homeless seems like a great way to get capital
how to i increase my credit score /biz/? also post your credit score
>>1100566
Why do you need to? You credit score qualifies you for the best rates on everything ya Jew.
>>1100571
i want the top score
>>1100566
You beat me!
I'm convinced that the only way to increase my credit is to make more money and get rid of my student loans.
This company is super undervalued and it's gonna be a big winner.
Vanguard Group just bought 27million shares 8 days ago.
http://www.sec.gov/Archives/edgar/data/1349436/000093247116011660/0000932471-16-011660-index.htm
of course it's entirely possible that they dumped them in 8 days time.
>>1100455
they are going to restructure their massive debt when their stocks are as low as possible.
this is all contingent on whether the company can restructure their debt to lower their interest payment on their massive 4 billion dollar debt.
the stakeholders have so much more to gain by restructuring because right now Sandridge is worth pennies and if that is split between stakeholders, they lose billions, literally.
So Sandridge will restructure because the stakeholders want their money ofc. their CVP still has 250,000 shares of SD:OC.
Vangaurd Group bought 27 million shares of SD:OC 8 days ago.
Right now it's dipping hard as people are...
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http://www.sec.gov/cgi-bin/browse-edgar?company=sandridge+energy&owner=exclude&action=getcompany
look at all these companies buying up SD:OC Stock.
Of course that was weeks ago, they could have possibly dumped all their shares between then and now, because SD:OC hit a big spike in the last 2 days and suddenly dropped off earlier today.
Is this the man who single-handedly saved capitalism?
All he saved was Obama's run vs Romney. He made the economy worse by inflating market bubbles.
>>1100403
Nope. Hank Paulson was.
I never get to post this anymore.......
:( come back ben
You are nominated Japan's Prime Minister.
What do you do to fix the economy?
>>1100198
i would lower taxes
Let the yen appreciate, lower taxes and tariffs, and decrease welfare benefits except for families with children.
>>1100202
amazing
hey /biz/, can someone explain the great recession, the " global financial collapse" and in general how business and economics works to someone whos semi financially illiterate. I know it started back in 2008/2009 and it was riding on the housing market and over inflated stock market and everything came tumbling down 6 -7 years ago and the world is still slowly crawling out of it, it was pretty bad for a while millions lost their jobs and millions lost their homes and many big companies went out of business or were on the brink of collapse, I want to figure this out...
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>>1100174
Basically the economy was doing growing and banks were handing out loans left and right.
Since the economy seemed to be doing so well, nobody worried and people took lots of loans.
Loans proved a very profitable investment, especially real estate loans. You see, amidst all this lending and buying the prices of real estate went up and up and up! So lending to someone who wanted to buy a house was incredibly low risk. If he paid back, well he paid back and your profit was the interest. And if he defaulted, you got the house for which the loan was taken. By that time the house was worth more than the initial loan and thusly, you could make profit regardless of whether the debtor paid back or defaulted.
Then once banks ran out of low risk loans to give, they figured they could still keep making money by giving out riskier loans and disguising them as safe
There were lots of complicated transactions done with loans, and there were these things called CDOs. A CDO was a bunch of loans put together and then sold as one security. Basically people invested their money into investment funds and those funds bought CDOs. This is important, because now banks gave absolutely no shits whether the loans were good or not, ie they gave no fucks whether people paid back or not. They gave out the loan, and sold it as part of a CDO. The buyer carried all the risks involved with the loan.
It was like the hot potato game with a timebomb. It was obvious this shit would blow up, but if you were quick enough to sell the hot potato to someone else before it happened, you made profit and were off the hook.
Once the real estate prices skyrocketed to the roof and it became extremely fucking obvious to absolutely anyone how overpriced they were, the prices plummeted.
This fucked everyone over and soon people ended up with debts that were bigger than the values of the houses they were taken on. So if they defaulted, the would actually gain money.
>>1100200
And once everyone started defaulting, lots and lots of people with their money invested in CDOs, the real estate and whathaveyou lost the huge majority of it. Lots of banks went bankcrupt and those that didn't stopped loaning. All businesses dependent on loans for their everyday stuff we're fucked and had to lay off people to not go bust and still remain solvent.
So yeah once shit hit the fan everyone holding a potato lost, and as a chain reaction, others suffered as well.
Will China or commodity/oil loans go to shit this year and will it spark a similar crisis?
