Archived threads in /biz/ - Business & Finance - 652. page
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G'day /biz/, first time poster
Us Ausfags are suffering from a real shitty USD exchange rate at the moment.
I was planning on making some purchases from the US in the coming weeks, but PayPal reams you exchange rate wise and credit cards aren't much better.
Is there any tips on how to maximise my AUD/USD exchange?
Pic related, me when I look at the exchange rate
>>1065246
You could take out a 2x leveraged long position on the AUD/USD that will make up your losses on the purchase when the AUD returns to parity with the USD when the commodities market recovers.
not financial advice etc.
>>1065266
>not financial advice etc.
Yeah, no shit.
That's straight up retarded speculation, not a hedge.
>>1065246
Wait until the US Fed has to concede they're back into a recession and the USD tanks. Put off those purchases until the 4th quarter, maybe 1st 2017
/biz/ I want to invest in 3 things,
1. Water
2. Pot
3. Human food grade crickets.
Do you guys have an idea of how to do this?
Are there any other good resources or commodities to invest in currently?
So is there a strategy you have there with an all consumables portfolio?
Can we get a /biz/ness thread going? I and probably many of you will want to be your own boss but the trouble is what business to start desu, let's crack some ideas!!!
shitpostage consultantcy
>>1064428
So like delivering shit?
>>1064405
Ethereum shillniggery
This guy pisses me the hell off.Thinks he is a god for investing in uber when he just knew the right people and was in the right place at the right time.
>>1064329
yeah he's a total fuckface as is the case with most Sillicon Valley 'Gurus'. I'd say Peter Thiel is the only notable one with worthwhile insight. Fuck Tim Ferriss, Fuck Kevin Rose, Fuck Gary V, Marc andreeson is aight, Fuck Ben Jewawitz. Sillicon Valley is a pretentious wankfest with some cool stuff happening in a see of shitty egos.
>>1064344
I'm not done yet, seriously F U C K Gary Vaynerchuk. I bought all that startup garbage and they are selling young impressionable kids lies. Skip to 6:36 in this video and it sums up the garbage that is pumped to kids to buy into the startup atmosphere with their parents money. https://www.youtube.com/watch?v=8G9QIIvSpzE
If he was smart he wouldn't have invested in uber, but sometimes fucktards make dumb decisions with their money and hit the lottery. Governments regulate taxis, existing taxi companies are vicious against competition, and there's a lot of unknown with how liable the company is if someone gets murdered or raped by an uber cabbie. It just happened to work out for them.
I really hope these faggots get hit hard when their stocks in way overpriced tech companies plummet to reality. I hope every leftist nerdy faggot programmer gets kicked out of their home when they...
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What do you guys think about Itrade anyone on here currently using this? if not what are you using?
etoro, its a pretty interesting concept
>>1064843
hahhaha omg go fuck yourself dont be high jacking my post with your bullshit.
How are my stocks? Are they safe? Are they alright?
It seems in your panic... you sold them.
I... I couldn't have. They were arise; I felt it!
NOOOOOOOOOOOOOOOOOOOOOO!
I sense a disturbance in the Markets.
ITS OVER! BITCOIN IS FINISHED! ETHEREUM IS FINISHED!
CHINA CENTRAL BANK TO RELEASE OWN CRYPTO-CURRENCY AS SOON AS POSSIBLE
DUMP COINS NOW
http://www.bloomberg.com/news/articles/2016-01-21/chinese-central-bank-studies-prospect-of-own-digital-currency
>>1052433
This is the beginning of the end. I don't even mean the end of Bitcoin (although this signals that too), I mean the end of everything. Only those who understand what cryptocurrencies really are and why fiat must ultimately be purely digital will know what the implications of this is. This was planned many decades ago and is finally coming to fruition. We live in dangerous times gentlemen. Now we are at the point where you must be more observant or you will miss the writing on the wall.
>>1052439
That's a whole lot of words to simply say nothing.
>>1052459
Only people who know what Bitcoin really is know what he's saying lol.
ELI5. Blockchain tech is like
Skynet
Nsa on crack etc just read what blocduxjdibcos
![micromacro[1].jpg](https://i.imgur.com/KyHTZa6.jpg "micromacro[1].jpg")
Lower division economic student here,
Can some one explain to me why everyone only talks about MACRO!!!! when its literally just made up measurements(HDI, Sen's index, misery index, GEM, ect)?
Micro seems both more useful from a career perspective and less marshmallow science.
My theory is that everyone secretly wants to be the federal reserve chair.
Is this just the Accounting vs Finance debate all over again?
>>1065153
No. It's because the macro economy is literally ruling the roost right now.
Macro isn't marshmallow science. It's marshmallow science if you take it at face value, as how it's taught. Learning proper Macro. needs a critical mind and a broad skill set across basic STEM field stuff, especially mathematics and physics, and a good understanding of micro too.
Micro on the other hand is more likely to be correct, but is also extremely theoretical.
Accounting, corp. finance, and applied...
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>>1065153
Also:
Every course in Econ. I studied was useful in understanding the way the world works, right down to Public Sector Econ. Which is basically a "How can we shill for .gov" course. (Also broad-based use of macro, micro and many other Econ. courses, which was nice.)
I only opted for the elective because better electives were full. Turned out to be an eye-opener anyway.
100% free time spend it on my laptop all day , 23 years old currently getting 2000$ a month from EI and I just bought a mac and I want to get in to software engineering and coding I'm starting with Ruby on Rails and going from there but if I just have 100% free time I am wondering what is a good way to start earning money online even if it averaged out to 2$ hr as long as with more practice and more knowledge there was potential to earn more I would be grateful for the information,
Thanks!
>>1065062
jesus christ learn how to use grammar properly
oh hey it's investment bank troll
>>1065068
Holy shit that post was just one long sentence and it hurt my brain.
If GDP is just the final monetary value of the good/service that is provided, then as time increases while jobs become automated life span increases and birthrate or deathrate ratio increases, who is able to purchase these goods when the majority of people wont have money to purchase these goods?
How can GDP increase like this?
Is the happening soon?
Since germany is spearheading ai automation im sure some cuckhold socialist approach will take place, and people will basically just sit around all day and get paid while robot work.
Tfw no ww3 cataclysm
>>1064935
All I can say is that the days of robust growth are over.
Me and some friends are in university and are setting up an online retail company that specializes in outdoor wear and some camping supplies. We are currently having difficulty finding suppliers or even information about who and where we can get product from; any /biz/reali's have experience with this?
Bump
you should approach business from the perspective of someone with a unique or at least above-average opportunity.
if you dont even have a supplier or distributor to get goods from, how you any different from me besides the fact you want to start a camping website? What is the draw? What is the point? Do you produce some unique product? Do you have something that rei doesn't have?
why do you think this would succeed
>>1065054
We have heard all that before, dont worry. Was looking more for information about finding dropshipping suppliers as it's difficult to tell the legitimate ones from the scams and they are all have notoriously bad marketing
Those of you who work (significantly) less than 40 hours per week, yet still make a "full time income", what do you do?
Bonus points for setting your own schedule or working from home.
ive been looking into transcribing audio files. my wpm is around 80 and i bought a foot pedal. just relax at home typing shit all day. i dont think it'll pay as much as the office job i had but at least i get to work from home/make my own schedule right?
>>1064789
Interesting idea.
>be paint correction specialist
>flexible hours, average $400-$500 a car
>minimal overhead, work for myself, run a mobile operation so no huge rent/utility cost
also
>Bartender at night
>pull in $100-$200 in tips 3 times a week + hourly
feels comfy, wageslaves be mad
Hey all, I have 4000 disposable dollars after winning a scratch of lottery ticket. Rather than be a dumb ass and buy something stupid, i want to invest it. I'm 18 years old, and have pretty much no knowledge of how to invest. What would be the best things to invest my 4 grand in?
Buy the dip
That's not enough to "invest" in the sense you're thinking of.
Invest it in yourself. Put it towards a community college or something.
>>1064649
Already have that paid for by my parents. Just want to make some money. Long term is fine, I'm young.
Do you have to act retarded or cater to retards if you want the youtube monez? Obviously if you are a female you just have to position the camera on your racks, but can you get a healthy amount of subscribers with something professional?
>>1064459
"YouTube money" is a misnomer.
Google is just using content creators to generate ad revenue while tossing them table scraps on occasion.
YouTube is nothing more than an informal advertizing agency staffed by volunteers who get spare change for their trouble.
Whether they know it or not, channel operators are Google employees who are working for free or next to nothing.
>>1064466
http://moneynation.com/pewdiepie-net-worth/
>>1064475
He gets the most spare change because he pushes the most ads.
That makes him the top employee in Google's YouTube division.
Nevertheless, he is still a volunteer who works at the behest of marketers.
Anyone else play on Primedice? What are some good strats to play with?
Martingale.
But I lost 20BTC that way after gambling up from 3BTC I lost it all. Depressed for about a month
Should have quit while ahead.
>>1064304
Martingale is one of the worst betting systems out there(although they all don't work but it will get you broke the quickest).
>>1064308
Why dont you tell us a better system?
