Archived threads in /biz/ - Business & Finance - 769. page
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That's pretty much how it worked before usury became legal.
So no, not as well as usury does. Because usury forces the loantaker to produce in order to be able to pay off the interest.
A no interest loan lacks that incentive and historically usually was only given to mighty people as a bribe in order for the moneylenders to be allowed to conduct actually profitable business. Medieval banks got their profits from helping people transfer money over large distances in return for a percentage of the money.
>>1027067
>Economically destroyed country wants to implement economically destructive policies
>>1027067
The Saudis have been barking up that tree for years. Google 'Halal Finance'
What do you think of Trend Bar Failure, and of Price Action in general?
I just do not get the validity of strategies based on the assumption that 'ppl r stupid xd', in the case of Trend Bar Failure the assumption that there are many stupid traders who get trapped in counter-trend trading.
Opinions?
I don't think these are trend bars, in the view of Al Brooks.
Anyway, even if traders are not trapped, it generally means the market expects the opposite. For example, bullish pattern is quickly erased, smart traders can expect to buy even lower.
>>1027037
The professional trading my friend cannot be in a 5 minutes chart, cmon. The problem isnt the chart, the problem its your timing.
I personally recomend 1 hour chart and wait for the validation of the level at least one touch on the same level then you can determinate the posible direction. I will show you some pictures of my trade maybe i can help you
so when are you going to start investing in oil again?
anyone actually think it will get back up to $70 by the end of the year?
http://video.cnbc.com/gallery/?video=3000473975
>>1026919
Soon probably, I'm just too lazy to open a brokerage account on Robbin Hood atm.
Tell me why I shouldn't become a business analyst.
You shouldn't become a business analyst if you hate money.
You love sucking cocks and eating steaming piles of eating shit straight from the asshole of an unwashed Indian man?
Because unfortunately all of that goes away the second you become a BA.
>>1026882
LIFE IS UNFAIR
Hey /biz/, sorry if I'm asking in the wrong place but who knows of any softwares or tools used to make the the video I linked, literally can't find anything (I'm on Mac). I'm starting an e-learning facility if it's any help.
https://m.youtube.com/watch?v=IFKnq9QM6_A&ebc=ANyPxKrIBJrd1f-0tRHLc94W8Dp_K9kiaFfygKlpUwtT7TXgmG9He5bMISaNVQ6NPAp3k1YiOmHu&time_continue=9
Final Cut Pro
decent freeware
is there a job for every person on this planet?
how bad are we?
>>1026797
As global wealth continues to increase overall, and poverty continues to decline, people will choose to work fewer hours and for fewer years. But seriously son, you best be fucking saving and investing like your future life depends on it.
>because it does
>>1026809
so whats your point?
are you aware of jobs to people or things like pricing over time compared to available resources
>>1026797
50% of the world lives off of subsidence farming
As title states, I am 18 and know very little about saving , investing, budgeting and just finance in general(idiotic parents who taught me literally nothing about things like this). I'm able to teach myself given a good resource or point in right way. What are some good books to read that'll give me a good general knowledge as well as allow me to properly manage my money as well as gain the most out of it?
I appreciate anything you guys can give me
Start with I will teach you to be rich system.
http://dropcanvas.com/zpf5p
Mentally see Hustle Muscle Rehab
after you've completed IWTY2BR read and implement credit stuff.
personal finance is the same for everybody, earn more than you spend, plug the major holes, don't let emotions control your money.
Investment advice however is subject to much debate and often its subjective, satisfying a multivariate spectrum of needs and goals.
Once you have 25k in the bank come back for investment advice.
>>1026837
screencapped and noted, thank you very much
http://www.amazon.ca/Mathematician-Plays-The-Stock-Market/dp/0465054811
Enjoyed this book when I read it,
It is mostly about diversification and other tactics/ideas related to playing the markets. I believe that ideas taken from this book can be applied to other aspects in one's life.
/biz/ i really need your help.
i'm a undergraduate sophomore and i just got an email saying that UBS liked my resumé and that they want to schedule an interview.
the position is amazing-- a 2 year long private wealth management internship with a 'competitive salary' and i'm going to be completely honest i would die for this opportunity
however i'm not extraordinarily talented, and i have no experience in the financial sector. for a position like this, there must be some insane competition. pic related is the job requirements....
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Yes, you're definitely qualified to be a poorly paid intern who cold-calls ancient client lists trying to churn commissions. The fabulous world of "wealth management" is primarily about convincing grannies to sell their Coke stock to buy Pepsi stock so that your boss can generate trading fees. Enjoy.
>>1026743
okay i just realized i formatted this horribly. i just got the email and im really jittery so please forgive me
what i need to learn and need help with:
>how can I learn VBA and Excel to the point where I can comfortably utilize it in a financial workspace
>where can i learn about company valuation and analysis
>what is "backtesting", "idea generation", and "strategy development"?
Looking to switch around banks. I need a couple opinions on what bank to choose for a basic personal checking and credit card. Just want to know where is a good place to bank and what perks if any you get
>>1026724
>wants information on local financial services
>doesn't post location
/biz/ never fails to disappoint
NC USA
just go to a credit union
I'm just starting my career in sales and I don't know anything about it. Are there any sales pros out there that give some tips?
Search "sales and bread" on google/in archives. Guy who makes the threads is super helpful and is a sucessful timeshare salesman.
>>1026720
salesmen are born not made
try to connect with the buyer- you're his friend.
you need to be likeable.
convince him that he's getting a good deal- this is a win win
negotating, you have to learn to read people, be smart, how bad do they need it? where else can they get it?
If you're the only show in town you can drag them over the coals while sounding sorry you have to charge so much
>>1026720
Hopefully you have a good sales boss, your sales boss should encourage you but also push you a little to do your best.
You gotta hit all the avenues, phones, doors, emails, flyers, presentations. You gotta give it 100%. Don't put too many hours in per day though. 6 hours of selling is a full day.
The most important thing I think is to make it fun, just have fun with the person socially, and don't worry about the sale. If you can get in that mindset you'll actually make more money.
Be...
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> someone utters the words "gun control"
> your investments go up 900%
why aren't you in on this yet /biz/?
are you some kind of moral cuck?
>>1026717
Too busy rubbing my dick all over Raytheon tbqh senpai
Quick, short it
>>1026717
>riding on the coattails of investor speculation and expecting to come out positive in the long run
Ok, so I want to get into the stock market.
Where can I start and what can I do?
tastytrade.com
dough.com
>>1026716
robinhood
If you had to invest in one today, which would you choose and why?
Sell both. They've been highly correlated for 40 years. and this shits ready to burn. Election year gonna be wild.
>>1026672
BTC
>>1026672
Probably that air force spaceplane that's super mysterious
Sup /biz/feed, what can someone with computer programming skills do to constantly make money in his free time?
Something other than a 9-to-5 (enrolled in school). Anyone use any freelance services, or have any recommendations?
>>1026602
I used flexjobs to find something, you gotta pay per month. Took me 2 months then I cancelled.
Be forewarned a lot of them have lofty requirements so it may be a waste of time as a student, unless you are strong in a certain area.
All of these sites are super competetive and filled with eastern Europeans and Indians who know more than you and do it for pennies. I lost the link but /g/ gave me a github site that compiles all the work from home sites for programmers, so consider asking them. If you do web...
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Hey /biz/ I don't normally post here but I need some advice. My family is a bunch of horders. My grandma is a horder, my aunt is a horder, cousins are horders and, even my mom is a horder. They all keep ganging up on me or other people saying things like "maybe someone else could use it" or "maybe someone else could fix it" as if this "someone" is supose to be a magical person that takes everyone's junk and fixes it and this "someone" usually never comes. What's worse is they get offencive about their junk but don't...
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Don't know much about Amazon, I'll give you some tips for eBay...
They start you off with 10 item limits, maybe 100, and BEFORE you call in to get more, make sure you use them up and ship FAST (I would prepackage the items so you can do same day) because the faster you gain ebay's trust, the faster they'll let you sell big
Don't list high price items for your first few listings, this will trigger reviews and usually you'll have to call in to get it relisted.
Start slow for the first month of ebay, then you can start to sell...
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>>1026598
>Start slow for the first month of ebay, then you can start to sell bigger items and call them for limit increases.
Yeah I'll try to start slow and easy with small stuff like games or something(not really sure how big stuff would work just yet). Also is paypal still shit for selling things? I remember used to hearing bad things about them when it came to selling stuff.
