Archived threads in /biz/ - Business & Finance - 600. page
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How do I become a professional student who leeches off the government?
![[economies being destroyed in the distance].jpg](https://i.imgur.com/EbUtyE9.jpg "[economies being destroyed in the distance].jpg")
1. take out a student loan
2. acquire a useless degree
3. fail to find a job
4. have a five figure debt in your early 20s and no real money making prospects because you never learned
5. bitch about it on the internet and watch as a clueless old man with NO understanding of how the economy works fails to get the democratic nomination
6. bitch about america becoming great again when dynamo don becomes the next president
7. miss out on the upcoming gravy train because you're a stupid, useless moron who's too far in debt to do anything and your degree...
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Why do businesses accept bitcoin when its value is so volatile?
>>1079852
it was free marketing when bitcoin was talked about non stop in the media. They'd just convert it all to $$ instantly anyway.
>>1079852
they convert it to goybux
>>1079852
BECAUSE THOSE BUSINESSES ARE GRASPING AT THE LAST STRAWS
I'm thinking about becoming a city councilman one day. What path do I have to go down for this to happen? I'm thinking about getting a law degree and working as a paralegal for a while.
Also how do I get SSI benefits? I want to be a full-time student for a while. Carpal tunnel is killing me.
As soon as it gets released that you post on a cyber terrorist funded cryptocurrency exchange board, you're fucked
So I had to turn in a document to the state for my trade certification and have my signature notarized. I dated my signature the day I signed it 2/5 but the stupid notary dated her signature as 2/4. Will this be an issue? The stamp is the most critical part right?
Yup, document has to be signed in witness of notary and dates need to match.
>>1079796
I signed it in front of the notary she fucked up and wrote yesterdays date. I cost me money to submit this to the state so if it is rejected I am going to go back to the credit union the notary was at and demand they reimburse me and/or reprimand the incompetent notary.
How much house can I afford?
Background:
I am 25 years old, college grad, I make about 42-44k a year in a state gig and it is not likely to change much in the next 2-3 years. Past that there is a good chance of a federal job which will pay much better, but almost definitely require moving. My debt is extremely low, pretty much nonexistent (month to month expenses). I currently live at home as I have been saving since I got out of college to buy a house. I have about $45k in easily accessible savings now so I could make a heavy down payment (I am socking much away in retirement funds but my job is pensioned and very stable) but I don't really know if it is advisable to dump that much into a down payment with rates this low.
I want to buy this house to live in for a while but perhaps later to rent, as I anticipate having to move to follow my career path. There is a property contiguous to family land and some land that I inherited that I am very interested in. I think it will sell for about $110-115k when/if it goes on the market.
The home I am looking at is very attractive to me in layout, proximity to other properties I own, and has significant sentimental value (I was very close as a young child to the couple that lives there, and their family) but the owners are an elderly couple, and one is likely to pass away soon and it is probable the wife will not be able to live on her own due to health difficulties. I guess those are extraneous details, but just gives you an idea that I personally want "THIS" house.
I would like to hear your thoughts on owning a home in the present market, viability of looking at a home as an investment (I know there are differing thoughts, but I plan to rent it out if/when I move for work later, and it is in very good condition presently so I think it would be an attractive rental home if I did that), and the advisability of purchasing a home at my age. Homeowning may be dumb for me, share your opinions on the matter.
Talk to lenders and realtors. There are a lot of fees on top of the normal 20% down payment, but there is a lot you can do. If you're a first time buyer you may be able to get a conventional mortgage for 3% down. You could get an FHA for 3.5% down. You could put in your offer 'seller to pay buyers closing costs up to 6%', and optionally offer 6% over list price. You could have a cosigner to increase your price range and rent rooms out. You could buy a duplex or triplex. You could buy a shithole, fix it up with 0% credit cards and cash out refinance.
Usually...
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>>1080280
Thank you for the input. It seems to me that over the course of just a few years, it is cheaper than renting.
Home prices and COL are very low here in general, but I will admit the idea of such a long term loan at this point in my life, while not scary, makes me cautious.
I am personally thankful that my parents insisted that I live at home out of college. I feel like having this much money on hand is a great asset, and I am in a pretty good financial position. But the assumption of a significant...
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>>1080501
A 30 year contract for hundreds of thousands of dollars is a little troubling at first. Not too many people enter with the thought of being profitable. Are you adding value to the house? Can you rent it out for more than the payments? Is it appreciating?
You will most likely not pay off the mortgage and ever own it outright, but rather make money by saving on buying vs renting, renting to tenants, or selling for a higher price.
how do i sell shit like this really fast?
Put an Apple logo on it.
Work at Starbucks. They're the fastest moving pastry inventory at my store; always have to stock a disproportionate amount when I order.
>>1079699
Add emotions. Girls would be taste your product.
How does one make serious cash flow off of real estate? If I purchase a $100k condo and rent it for $1000/month, I only make say $500/mo on average after taxes, HOA fees, maintenance, and on top of all that I'll need to do marketing and other legwork, all that for just 6% ROI, and that is assuming 100% occupancy. How does that compare to just throwing $100k into a low cost ETF that follows the market or REITs which requires no effort from my end? What am I missing?
You are not considering the increase in value of the property and then the increase of rent.
>>1079682
What you're missing is that eventually you'll own a 100k or more condo.
>>1079682
Other people paying for increased equity in your property. As long as you don't buy it outright, which would be foolish in my opinion.
http://www.zerohedge.com/news/2016-02-05/22-signs-global-economic-turmoil-we-have-seen-so-far-2016-just-beginning
Well /biz/? Is 2016 going to be a shitty year?
>Zerohedge
>Click bait
Pick two
Whats /biz/'s opinion on Market America. Some asshole on my facebook keeps shilling for it.
I have an amazing power OP
I tell you a person's personal finances without even meeting them.
My power tells me your friend is poor.
How correct am I?
>>1079574
minimum wageish, yes. lol
I have a dilemma
> be me
> undergrad economics major with a lot of econometrics
> plan to go economics or statistics phd
> CV is empty, no internships because I don't think I'm competitive to even apply
> Aunt offers me a bioinformatics internship
> way out of my field of interest but an internship is an internship.
What do? Do I take the internship even if I...
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>>1079533
yes you retard.
you could have an internship in dick sucking and it will be more useful than nothing.
>>1079533
Yeah, you take the internship.
But since you were 1) too stupid to realize that you should take the fucking internship and 2) decided the best place to seek advice about it was 4chan,
I suspect that you wail fail in all your future endeavors.
GL.
Hey /biz/. I've got a question about dress. I've been a purchasing professional for two years now, and have a job interview coming up. Problem is, even though I'm 25 I still look really young when I shave. (like I could pass for a teenager) How unreasonable in a business environment is it to have trimmed stubble? This is a pretty conservative place I'm applying at. (automotive supplier) I don't want to instantly lose respect because I'm cursed with babby face.
You need a big scar on your face.
Facial scar is key. Give it a shot, OP.
Pic related: 15 year old with a facial scar
I have $100k and I want to start the next google... how do I do it?
>>1079409
Searchable porn database.
>>1079409
https://youtu.be/TP4-Qm9nl_0
>>1079419
Bing had a good one but they got rid of it. Faggots
Rate my business /biz/
>be on city board
>able to see any sort of event happening in or near the city
>arrive to each event 2 hours early
>buy all of the drinks and snacks in vending machines
>stick an "out of order" sign on them
>sell the drinks for 150% the price on the machine
Been doing this for a year or two, never been told to leave
>>1079300
So you made like 10 dollars?
>>1079300
Did you spend the 10 dollars all in one place?
Will SUSIBA2 be the future of sustainable agriculture? Or maybe, all wet rice cultivation
http://www.nature.com/nature/journal/v523/n7562/full/nature14673.html
>Paddy fields emit more methane than livestock does, the warmer the environment, the more emission as a result of anaerobic micro-organisms. This GMO rice was designed to fight global warming by storing more starch in the seeds instead of the roots (where the micro-organisms live).
bumb
Hey guys. I've got an idea for a mobile app that I think would be wildly entertaining and profitable with advertising revenue. While I'm an IT guy in the real world I have absolutely no coding experience nor any idea where to begin to develop an app.
Looking for someone who'd be willing to partner up on this and put it together for an equal split of the profits. Any idea where I should look for potential developers that would be willing to do such a thing?
>>1079228
Hire a Pajeet or 3, keep them compartmentalized without giving any of them the entire picture. Pay them pennies while you rake in the real profits.
Hire a 4th Pajeet to check their code though and document it with comments and all that jazz.
>>1079235
I'd much rather deal with another American on an NDA.
