Archived threads in /biz/ - Business & Finance - 665. page
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If I open a bank account in a country with a different currency, and transfer money into it, is there an automatic currency conversion or some kind of separate status for foreign currency?
Country in question is Singapore, if it matters.
Depends entirely on your bank, they might only accept US dollars as foreign money, they might convert it automatically but charge a ridiculous fee or give you a shitty rate. You need to research your bank and their terms for yourself.
>>1059406
Canada here
Deposits of a foreign currency into your Canadian dollar bank account will be converted into canadian dollars at the bank's exchange rate.
If you have an account in Canada denominated in the foreign currency you are depositing it will be deposited as that currency.
If you are depositing foreign currency into an account of a different foreign currency it will be converted to Canadian dollars and then converted to the foreign currency of the account.
Hi /biz/
I want to return to being a NEET by age 30, but I am $786,600 short of that happening (pic related).
What can I do to earn $786,600 in the next 4 years?
>>1059331
Get gay married to a wealthy elderly gentleman. Then get gay divorced, and walk off with half his assets.
>>1059333
too many uncertainties.
pls help
As a NEET, I want to get out of this shitty lifestyle and make myself feel like I'm worth more than the burden I put on my parents. I have a high school degree, but I don't have a fuckin clue where to start to get my shit straight. I don't wanna invest in ethereum, I just wanna get out on my own. Please help me you lovely /biz/realites
>>1058682
well how much are you looking to make?
>>1058682
Start by getting a job. Any job.
You can't go from Worthless parasite who wakes up at 3pm everyday to eat tendies and play LoL/WoW -> bigshot earning $100k+/yr with an amazing gf and 3 children
What does currency represent? Time? Value? Status?
>>1058503
It represents monetary value
a medium of exchange for goods and services that is backed by gold. Those paper notes are official IOUs that you were supposed to turn into the bank in exchange for gold.
The reason why gold was the standard is because it cannot be replicated or deteriorate. It was to replace inconventient trading, like trading crates of corn for a cow when the crates of corn would eventually go bad. There would be a well known of agreement on how much gold would be needed to trade for the cow or get a blowjob.
At some point in the 20 century, the gold standard was taken away...
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>>1058503
How much grain you can buy.
Is now a good entry point, /biz/?
Gold has had a rough 5 years lowering it by 40% since late 2011 and with a bearish or even 'cataclysmic' year ahead, like it is known to do, the price may soar temporarily as people shift their money to valuable commodities so their savings don't vaporise in a bank.
Any gold speculators with a similar mindset?
Bump for interest.
I've thought about this. Its still pretty speculative, but the bears will say that gold is going to shoot through thr roof if/when the natonal debt bubble bursts.
There's seemingly less and less the fed can do to rectify the current financial situation, and if they do QE4 then people may become fearful and put their money into gold.
The real question is whether or not to buy gold mining companies. Right now the price of gold is creating diminishing returns for extracting gold, but if gold were to go to 2 - 5k per ounce (very...
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>>1057420
I wonder about this all the time watching the markets have these wild swings. I gotta say I'm a gold bug too but I don't think now is the time.
All I know from my reading is commodity prices drop drastically in deflationary times. Look at mining stocks. They're getting slaughtered right now with oil stocks.
Gold also didn't take off in 08'. Buy near the bottom of said event when people are hoarding cash. If you feel like right now is the bottom then buy.
Waiting doesn't...
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>>1057420
>buying an inflation hedge while the market is tanking
Really /biz? You're gonna abandon bitcoin and buy into this russian scam? Look at this guy lol
>>1057174
Yes thats exactly what I intend to do and it's going to make me filthy rich.
>>1057174
It's only NEETs from /r9k/ shilling it.
No one except gullible retards who would've spent their welfare or allowance on tendies and toy figurines are buying it anyway.
No big loss. Some lucky guys are making a decent amount from these retards and a lot of retards are going to scramble to sell quickly soon and the rest will lose out.
The circle of life.
You know satoshi owns 500,000ETH right? You know its nick szabo and he was a contributor to the ETH white paper right? Or did theymos stop you from knowing the truth?
Calling all value/fundamental investors.
Haven't posted for a while but for those who remember Spreadsheet Guy, I'm back.
3 transactions in the last few days:
$20k AAPL
$20k OFX
$20k IVV
Taking any questions.
>>1055863
Thought process behind OFX and IVV purchases?
Is the ASX headed down or going back up in your view?
>>1055863
Further to that, your views on WOW moving forward? I'm thinking of getting in - seems solid despite the gloom and fear mongering regarding Masters
>>1055870
I want to own US equities but don't have the time at the moment to research individual companies so the SP500 is the next best option.
OFX is an interesting one. Think it's a great company, and bought it initially around $2. Has since had a takeover offer a few months ago. On one hand I'll make a quick dollar if the takeover goes through, otherwise I'm happy to hold for the long term.
WOW.. I'm unsure on. Pretty low conviction on this one. The concern is when I go to Woolworths...
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- Anyone here have a successful and durable experience in forex trading ?
- What's techniques did you use ?
- With how much money did you begin ?
- Gives me advice for a beginner like me, please.
I am really sad when i read specialized forums in forex, why?
Because all the trading journal I read ends the same way :
They end up losing all their gains and have their account to 0 dollars, after 6 months or 1 year.
I need testimonials from people who really live forex successfully since several years.
http://forums.babypips.com/newbie-island/70214-truth-about-forex-you-cant-become-rich.html
I...
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>all the trading journal I read ends the same way
And you think you'll be any different?
![[devil beating intensifies].jpg](https://i.imgur.com/FqDODni.jpg "[devil beating intensifies].jpg")
>>1038133
>tfw it's the bi-weekly forex thread
have a bump breh.
I'm all over this jpy shit breh
Create a membership adult tube site hosted overseas, upload quality clips from brazzers, reality kings ect. but never allow registration. (this is just a front)
Create a plugin for an android TV stick to stream from this site... charge people $100 for one, point out the exclusive access to the adult video streaming
I think I'm about to become a millionaire...
Most people will go elsewhere to watch porn if they find out they need to pay Imo, but it still sounds like you could expand on it
invest in internet stock because this shit is about to explode
>>1060838
>mfw making bank shorting internet stock
>>1060838
Not sure if being sarcastic....
Ive started getting some orders to fulfill for my clothing brand. Any tips on shipping the shirts with relative ease and the cheapest manner? I would like to be able to ship without having to go to a usps as i have no car.
Shirt cannon
Leave the package in the mailbox for the mailman to take. Just put them in those bags that seal shut.
>>1060799
Which bags? And what kinda postage or stamp would i need to use?
Hey why doesn't /biz/ have their own forum?
this is 4chin what do you mean
>>1060650
Like its own website specifically designed for buissnes related intrest
>>1060692
Having a board is enough for how few people use it.
>realise i've wasted the day on 4chan
>realise i should give up 4chan even in my spare time so that i'm not tempted to avoid work
>realise that the true strong willed person would do both work while having 4chan in their spare time without using it outside the spare time
>realise that the true strong willed person wouldn't feel the need to do work
Where does it fucking end? And don't get me started on my coffee addiciton...
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>>1060649
it ends when you go 5 days straight without porn or 4chan
>>1060664
Thats fucking inpossible. This site could be the husk pissing all over itself that it is now and id still come here, and I cant sleep without rubbing off, else i get lost in mad thought for 3 hours until i pass out.
>>1060671
>Thats fucking inpossible. This site could be the husk pissing all over itself that it is now and id still come here, and I cant sleep without rubbing off, else i get lost in mad thought for 3 hours until i pass out.
tfw the ride never ends
What is your opinion,
Why does/doesnt NEM sound like the future of blockchains
Introducing smart contracts
Introducing better way for private blockchains
Can be used to save companies, governments, institutions money.
Its not about the coin , its about the platform.
So much like ethereum, it provides a ledger for businesses
coded from scratch.
thoughts?
>>1060482
Sounds better than Ethereum. Thanks for the info
>>1060482
Sounds like buy ethereum or be a perpetual poorfag sucking dick for his next meal
>>1060726
all this hype on a coin with a beta wallet
what about when the full version is released and all your coins are gone?
