Archived threads in /biz/ - Business & Finance - 636. page
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.
Can Apple and Wal-mart technically be known as monopolies? if not, why not?
>>1069016
or any other huge brand
>>1069016
I'm not sure why Google isn't, but your examples are fairly fucking awful. Apple barely dominates, if it even still does dominate, a single category of consumer electronics, and Walmart, in addition to being strangled by the internet, has plenty of competition.
Yeah... 10% market share doesn't cut it for a monopoly.
Is a liberal arts degree rally that bad if it's your passion and you're already good at your creative craft?
>>1068461
Yes it's close to worthless
>>1068461
yes its one of the worst possible decisions you can make, unless you just want to network all of college and get a non degree related job, in which case its merely a degree that says "went to university" which is a requirement for many jobs
you can get management or supervisory plus sales or government jobs. its not too bad if its already paid
What are some certifications and degrees that are low time investment with good salaries and employment security?
So I have a business venture that is starting to be more trouble than it is to operate. I want to close it down and find employment. Problem is, I have a non-specialized management degree that hasn't really gotten me further than underemployed clerical jobs. Honestly why I went self-employed in the first place. So now I'm looking for a career focus and real skills. I have enough money and time to get another degree, MBA or certification so that factor...
Comment too long. Click here to view the full text.
>>1062559
no certification has a good salary or employment security by itself
certifications are only a means to an end. they will help you get past the gatekeeper who checks your CV when you apply for a job but they don't actually prove you know anything.
however, generic project management certifications such as PMP are a reasonably good bet.
>>1062559
Even if you get a qualification, you're still going to have to start at the bottom of the ladder and work your way up so stop trying to half-ass it. Decide what you want to do and throw yourself at it, none of this "low time investment" easy street shit and expecting to be earning six figures in three years.
>>1062568
>no certification has a good salary or employment security by itself
True, I think of it more like a step booster.
>PMP
Very interesting, though I prefer a career that is less people intensive
>>1062625
Still, it's better pay and a smaller job pool starting as something like a certified network admin than a marketing assistant or financial clerk. There's no magic bullet but I'm...
Comment too long. Click here to view the full text.
Hey /biz/ I decided I want to be an electrician. Is there anything I should be looking for specifically when it comes to trade schools? Any tips from any other electricians?
Also, I won't be starting until sometime after this summer, I'll be working in the meantime, but I was wondering if there are any books or online courses that could get me introduced to the field and maybe give me a head start. Thanks guys.
>>1070316
Any decent community college should offer the classes to become an electrician in the US
>>1070316
read reddit (https://www.reddit.com/r/electricians/)
I'm srs, they have lots of low level info on basically any trade/hobby and happily answer dumb questions.
So penny stocks. A land full of scammers and pump and dumps correct?
In fact, all these REAL stories of young guys turning like 15k into 500k in a couple years or whatever.. Essentially their "strategies" revolve around pump and dumps correct? Either they pump stocks (illegal and RARE.. because the people who do this kind of shady shit remain in the shadows and aren't going to be all over the news).
Im just seeing if my logic is correct here and I get the whole picture. So essentially making money off of pump and dumps, is a strategy in itself right?...
Comment too long. Click here to view the full text.
So basically one of my main questions is,
With penny stocks you either pump stocks like a jew or just learn how to spot a pump and dump and take advantage?
>>1070214
Either one.
Beware: A lot of pumpers prey on people that are trying to "spot the pump and dump"
At the end of the day, the smart take from the stupid.
There is always someone smarter than you, no matter how smart you are.
Penny stocks is a stressful and dangerous (literally) business-
Average Joe that lost his life savings to your pump and dump sometimes decide they want to smack you in the head with a baseball bat and take their money back.
>>1070225
yep. funny you mention that because all these penny stock gurus like timothy sykes.. They do post all their trades and shit, and they DO make a lot of money.. but I bet they do some shady shit like preying on people who try and spot the dump.
So would you say theres MORE of people A , which include people making money off of preying on those trying to spot the dumps. Or more of people B people who just get really good at predicting and "catching" pumps.
Could you please give me a crude quick...
Comment too long. Click here to view the full text.
Peter Schiff gets a lot of shit for being into gold and hyperinflation, but, you know, he probably has a better track record than most.
He called the housing bubble, of course, and correctly diagnosed banking's exposure to it, but even after the crisis, he has been one of the few voices consistently predicting the next round of QE, etc, and he'll probably be right again when the fed back pedals on its rate hike. He makes a lot of sense when he diagnoses current problems in the US economy too.
Bad at Timing? Yes. Otherwise, kind of under-rated.
>>1070192
It's not really much of anything when you keep predicting it will rain and then eventually it rains.
I can also keep saying "THERE WILL BE A RECESSION SOON, A VERY BIG RECESSION AND VERY SCARY".
And then when nothing happens for years - I can make excuses. "Oh it just didn't happen yet, it will happen you'll see!", and then something small happens and it rebounds, I can say "Oh that's just some small waves before the tidal wave, don't worry it'll...
Comment too long. Click here to view the full text.
>>1070196
>THERE WILL BE A RECESSION SOON, A VERY BIG RECESSION AND VERY SCARY
But he gives specific reasons for the recessions, so its a moot point.
>>1070192
>he probably has a better track record than most.
Track record for being consistently wrong as a petulant doomer or consistently profitable for selling his gold to other retarded doomers?
Anyone have experience managing inventory for a small business?
I've just started this year and am having a hell of a time getting it straight.
I've been using excel to track changes but haven't yet come up with a reliable structure to give summary totals, keep a running record of ingredient use and set reliable thresholds for reordering.
What tips can you offer from your experience?
what kind of small business
>>1070142
pesticide manufacturing
I used Quickbooks Point of Sale with a neat little barcode scanner to handle lots of inventory at a tire store.
Could a gas company, personally fund electric cars, build solar farms somewhere with plenty of sunlight, and switch to using that as their product, in an attempt to decrease pollution, yet still make a profit?
I believe implementing the infrastructure is quite expensive, so the capital would be high
I bet they have the technology to do so already, but won't because they're making bank already, why change what's working?
There's also a lot of people that wouldn't allow it and politics, I think that's why electric cars aren't fully out yet
depends on how much land their willing to buy and having no returns on just extending their gas burning production. If they are not getting solar subsidies then the answer is absolutely not.
>>1070108
Guess ill have to do it then.
Cyclically-Adjusted PE ratios.
>>1070069
Source: Robert Shiller.
I kid, though, he knows his finance even if he is a neo-Keynesian.
What is /biz/'s opinion on the US Federal Reserve being an independent entity and all those "conspiracy-theorist" videos on YouTube?
Who owns the US Federal Reserve? Why isn't it ran by the U.S. government? What about the claims that all the central banks are owned by the same groups of people?
Why are more countries in debt now than ever before and why is this amount of debt constantly increasing?
tfw dont know what is real and what isnt
Central Banks being controlled by the same people is true. The stuff about your SSN being a bond number and population control to pay off debts is a crockm
>>1070004
Who controls these Central Banks then? Why isn't something done to nationalize them or make them publicly owned?
>>1069968
The federal reserve is in the hands of an independent entity because politicians shouldn't directly control the source of funds for the government. The funds need to be allocated in a proper, organized way (like a budget bill) so that things don't get out of hand (or into the hands of congressmen). Basically it keeps elected officials' skin out of the game. It doesn't matter who owns it really, as long as they're not incompetent and the government can audit them then things should be fine.
Debt...
Comment too long. Click here to view the full text.
Wtf does my friend work as?
He tells everyone he is a broker.
I shadowed in a brokerage and saw that their main clients were banks.
His clients are random people he calls. He might get one sale per 3 weeks for $600.
Yet he takes the piss out of telemarketers
What does he do?!
He's a 'broker' who is selling investments through the phone as a telemarketer would, possibly in an illegal boiler room. It's not necessarily shady, as sales is a MASSIVE part of the financial world regardless of your role, but it very well could be, and your friend sounds like he sucks at it either way.
I was a financial advisor for two years. I did a lot of cold calling and door-to-door, and that was my bread and butter, but I also got to actually manage client accounts.
Do I need a license to borrow people's money that they put into an online profile that they can withdraw at anytime?
>>1069899
Sounds like you have something going on... I'll help.
>Some questions are better left unasked.
>>1069899
Yes and it requires huge amounts of paperwork and responsibility.
Even if you do fulfill it all good luck not getting in trouble for money laundering.
>>1069915
See? You shouldn't have asked until after you took a profit...
Live and learn
Okay guys, what's a good university and business type major to go to that will help me land a job as an economist/business type employment. I'm 27 years old, so I need as much prestige and desirable business major out there. I live in California within an hour distance of LA and San Diego. I tried for computer engineering, but Physics fucked me over. Here's my transcript. Any major that will at least take Calculus II+ so that I can say that I didn't waste a year doing additional Maths.
>>1069868
TWENTY SEVEN?
LOL DUDE GET A JOB ALREADY HOLY FUCK
>>1069870
In what? Every job out there wants a degree and no employer even gives me a call. I had odd end jobs where I worked as a dish washer, but that's about it. I don't want to be 40 and have a minimum wage job.
>>1069873
Well at this rate you will be 40 with no job.
Honestly, I hate people that think they are too good to work minimum wage, when their time is worth minimum wage, because they have minimum brains
Get off your high horse
Does anybody here do personal branding?
if so
Don't you worry about your privacy?
What about all those people you've wronged getting access to your details?
personal branding: promoting yourself and your own experience to sell
think elliot hulse, that guy with the lambo on youtube ads etc
>>1069472
That family looks so fucking happy
I wish I were the kid in the Buzz Lightyear costume
>>1070040
At least you're not a nigger
Hey /biz/ I have this idea for an extra buck
I want to make a business in my school where I sell notes that I've made in previous courses and sell them to people who need it.
I make some pretty good notes as the people who bought them truly liked them and told other people how it helped them mode than other notes did.
So I was thinking of expanding on it and hiring a bunch of other nerds who took courses that I haven't and sell their notes and pay them loyalty for it. And also share previous tests for a small fee for potential costumers.
What...
Comment too long. Click here to view the full text.
>>1069217
You have to make an app because there are already many websites
>>1069217
been done years ago
>>1069217
yeah sounds good
