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Archived threads in /biz/ - Business & Finance - 694. page
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i get the need to separate your personal and business money.

but can i simply use my checking/savings accounts to do this?

e.g. i empty my savings account into my checking account, so my checking account becomes my personal account. money from business goes into savings account and functions as a business account with less fees.

is this okay to do? any reasons against doing it?

american if that matters.
8 replies and 2 images submitted. Click here to view.
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>>1051549
you should have seperate accounts for tax purposes
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>>1051566
>i get the need to separate your personal and business money.

i already know that, but would using an existing savings account solely for business be fine? that is what i'm asking.
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>>1051549
If a large company did this they CEO would go to jail.

There is an Entity conflict. You need to open account in the business's name.

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Can someone give me some good sources on research/understanding crude ETFs?

Im interested in dropping some money, but I want to make sure I know what Im doing.
2 replies and 1 images submitted. Click here to view.
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Are these 2x 3x funds meant for day trading, or is it still realistic to hold on to them for a while?

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Too late to buy now... :(
8 replies and 1 images submitted. Click here to view.
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>>1051503
what app, senpai?
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>>1051503
I bought that shit when stock market started crashing at the beginning of this year and sold it today and earned a 0,7% profit. whoopdy fucking doo
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>>1051503
it's called a bull trap senpai

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>mfw wanted to do an economics degree
>didn't do A Level maths so nowhere in my country will take me
>forced to do Law because of my non-STEM A levels
>do work experience at a Law firm
>now have no non-STEM degree to study

Am I fucked? I was considering maybe doing English but other than being a teacher are there any English jobs out there that are worth the time?
12 replies and 3 images submitted. Click here to view.
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No you would not have survived STEM anyways. Stem have drop out rate over 60%. For guys like you it's 100%.

You should feel lucky you dodged a bullet. And dont fucking do englush degree. Jesus christ.
>>
Is IT really as soul crushing as some people make it out to be?

I guess it depends on what exactly you do, but all around the board I've heard extremely low satisfaction.

I just want to fuck around with computers and hold imaginary power over people.
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>>1051450
Well, what should I do then? Is Law the only choice for me? I was hoping to work abroad. Should I do international law or trading law or something?

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A bold strategy cotton, lets see if it pays off
2 replies and 1 images submitted. Click here to view.
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>>>/int/53872701

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Martin Armstrong will be right again.
2 replies and 1 images submitted. Click here to view.
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>>1051312
.

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Hey guys I want to start a business. Problem is, I don't know what to do first. I don't know what to sell or anything and I don't know if I need any licenses or anything. Pls help.
5 replies and 1 images submitted. Click here to view.
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First step, write business plan. This will tell you how much you will need in initial funds. Next step, get those funds, as well as a business license. Next, buy the basic supplies you'll need to get started. Then, run your business.

I suggest you try something small and low risk at first, such as a business plan to "buy a lawn mower, overalls and weed whacker to start my lawncare business". Try something that will let you try the steps of opening a business that if it fails will only put you out 200 dollars or so.
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>>1051238
WRONG WRONG WRONG
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>>1051240
say you want to start a lawncare business. ok? the FIRST THING you will do is get a business license and go out and buy a lawnmower and a strimmer????

NO

the first thing you must do is get customers, without customers you have no business,

the first step is actually FREE

go door to door with a clipboard and introduce yourself as the new local gardener, ask the house owner if they would like a quote for doing their lawn. if they say yes, quote them a price. and say the next availability...
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How much kill is the market? down 10,6% this year. So how many of you lost money in the market?
5 replies and 2 images submitted. Click here to view.
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>>1051183
As of today, probably down 5% this year.

7% down overall, but I only started early 2014.

I'm just going to DCA for years...

>inb4 I panic about the eternal bear and sell at the very bottom
>>
>>1051183

>lost paper gains
>took principal out since august
>>
>>1051189
The S&P 500 IS down 10 % YTD as of today.

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Best billing/invoice software?
3 replies and 1 images submitted. Click here to view.
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xero has been helpful for me
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>>1051092
Thanks but i'd like to get one I could download ahem legally of course ahem

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Are we about to enter a depression?
40 replies and 9 images submitted. Click here to view.
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Yep.

/pol/ was right
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>>1051002
lol

/pol/ har been "predicting" this yearly since '09. it was all a matter of time
>>
If we start having negative GDP right now, it won't be a recession until the end of the summer earliest. Then, the statisticians won't recognize this fact until a couple of months shy of the new year.

The stock market is not the real economy. Where are the lost jobs? Where is the negative GDP? Stop being a fag.

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How does /biz/ drive traffic to their sites other than paid adverts?
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>>1050988
Dropmylink, spamming, forum spamming, social signals, paid links.

I blow out local companies and they pay me to rent my page or I give it to their competitors

Can some king person help me learn where to find the correct formula I can use to determine the interest rate of my return?

I'm not looking for someone to give me the answer (I'm happy to do the math myself). Rather, I just don't know what the correct formula is to use and was hoping someone here knows.

Starting amount: $10,000
Interest rate is: X
Time: 6 months
Total Earnings Over Time: $1,879 (6 months)
Ending Total Amount: $10,000.00 + $1,879.00 = $11,879.00

The time consideration is what's confusing to me. If I'm...
Comment too long. Click here to view the full text.
7 replies and 2 images submitted. Click here to view.
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homework help is on /r/eddit

This is /biz/ as in /biz/ness; not "help me with my homework, I'd rather spend the next 3 years not working and gathering student loans so I can come out at 30 with 100k in student loans and no workable experience".
>>
>>1050967
Holding period return (HPR) is (end price - begin price + net other CFs received) / begin price

To annualize it, add 1 and compound by the inverse fraction of a year held (365/n) where n is days held, or (12/m) where m is months held

So (1+HPR)^(12/6)

For IRR just use a financial calculator or Excel IRR() function, otherwise shit's a mess, literally guess and check
>>
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J = 11879
C = 10000
n = 6
i = ?

J = C . (1+i)^n
(J/C) = (1+i)^n
(J/C)^(1/n) = 1 + i
(J/C)^(1/n) - 1 = i

(11879/10000)^(1/6) - 1 = i
i = 0,02911 or 2,91 % monthly

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What does /biz/ think of Twitter?
5 replies and 2 images submitted. Click here to view.
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deprecated shit centralised technology along with FB. good riddance
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>>1050936
Stay away from it for now
>>
It wouldn't let me advertise on there/

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WHO HERE /HAPPY FOR LE DEPRESSION/?

>MFW putting all my money into VFV
>Mfw going to make fat fucking guap

I'm so glad I waited to invest until now rather than earlier. This is the best day of my life.
5 replies and 1 images submitted. Click here to view.
>>
We aren't even in a recession. A pessimistic sell off over a 2 week period isn't a fucking depression, loser.
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>>1050877
Go look at a 5 tear graph of the s&p and tell me again how still being at record highs is a depression?
>>
>>1050904
scott nations pls go and stay go

Dow at 15500 by close.

This cancer is finally burning to the ground.
3 replies and 2 images submitted. Click here to view.
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shutup Bernie
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>>1050821
Buuurrrrrn you parasites. Burn until there's nothing left but ashes.

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