Archived threads in /biz/ - Business & Finance - 790. page
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Every time the "stay in school" thing comes up, invariably someone comes out of the woodwork with the story of how they never went to school and went on to be wildly successful. To be clear -- I'm super happy for those people! Good for them. At the same time, I treat that advice about the same way I treat the story of the cigarette smoker who lived to 95: that's a great story, but the odds of someone else being successful following the same strategy are worse than average. To any people of college age (or below) reading this, you want the deck stacked for...
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I'm failing college pretty bad right now.
>>1021597
you can do better anon I believe in you
im assuming people who made it by themselves didn't need college
everyone else relies on a teacher to baby mentor them to success
>passionate about game programming
>gaming industry is volatile af
>backup plan is software engineering/compsci
If I go alright as a game programmer and then it all goes to crap, would it be too hard to transition across to other coding-based jobs?
>>1021513 (OP)
As long as you're not an idiot and are a good programmer, there are a ton of programming jobs out there.
I wish I could learn how to code, shit is so dope. I've taken a couple of classes but it just doesn't stick, so instead I started a business where I'm the boss of a bunch of programmers.
You're literally me.
>>1021596
no. there may be similarities but i am absolutely sure we are different people.
Who is into betting here ? and i mean single bets (soccer , basketball) Single bets to minimize loss and aim for a study profit, not a get rich in one bet people.
not many betting addicts on biz ha ??
>>1021467
bump
me
Hey /biz/
Is there a book you would recommend to a complete beginner that wants to get into stock market trading?
>>1021464
>Trading
Have fun losing money.
If you want to actually invest, read this.
>>1021465
I have no idea what trading stocks even means. I'm very new to this. Thanks for the recommendation, I'll be sure to take a look at that book
You don't need to read a book to trade. Just do your own research on industries and companies you already understand. You might be able to make abnormal returns some of the time.
As for what you should read and do, first post nails it.
If you try to use the market to get rich quick, you will get fucked. All books on "trading" tips are a scam.
Anybody else using this as an alternative to a savings account? This year wasn't bad. In previous years I've seen as much as 9%.
This year I'm going to actually start funneling money into it instead of just doing it as a hobby.
>>1021369
Returns for 2015.
Interested: pls explain via greentext
>>1021385
> Sign up for a Lending Club account
> Transfer funds from your bank account
> Pick out loans people are asking for based on a variety of criteria and the reason they need a loan
> Criteria include FICO, income, current debt, previous defaults
> Loans have variable interest rate from 5% - 28% based on risk factors
> Majority of...
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I'm in the US. I'm selling a classic car. Is it possible/legal to trade a car for stocks/bonds/private equity, if I find an interested party?
>>1021304
Why not just sell it for cash then use the invest the cash?
Are you literally retarded?
>>1021304
Im a former car dealer, and it may vary state by state but I think what you would do is IF your concerned with making sure uncle sam get's his part you can list the value of items you traded for as the cash price sold for and you will be set
>>1021304
You can only avoid taxes on the swap if you sell for like kind property (I.e. a car for another car). Otherwise uncle Sam will get what's coming to him.
What's the best way to market yourself in the workforce? What are the skill sets & credentials employers look for?
>>1021289
five years experience in X
>>1021289
Fluency in a second language immediately sets you apart.
>>1021309
If you're seeking work in America that is.
Is STEM just a meme?
I'm majoring in Stats and possibly Comp Sci right now and I'm afraid that Pajeet and Yang will take my job when I graduate in 2018.
>>1021254
Not at all, but you're committing to a lifetime of dealing with your predecessors' shit code and collaborating with yang who can barely speak English
Are you white? Are you not autistic? If yes to both questions, stay in comp sci but concentrate on networking. Stats is kind of a nebulous hard to market as a skill in the undergrad level. Learn econometrics if you want to do an applicable stats-based skill. In general you want to learn hard skills such as accounting or coding.
outsorucing is only good for little jobs,no risk until companies fully adjust their workflow with outsourcing
Go here:
http://www.globalrichlist.com/
Post results and feel simoutaneously terrible and great about your financial situation
>>In 1 hour you make 7.46. Meanwhile, the average labourer in Zimbabwe makes just 0.97 in the same time.
>>You earn 14.322 in 1 year. It would take the average labourer in Ghana 48 years to earn the same amount.
>>Your monthly income could pay the monthly salaries of 34 doctors in Kyrgyzstan.
>I'm OK with this
>>1021144
living in a third world country and being in the top 0.7% feels pretty good
Do you guys think the college bubble will be the next to burst?
>>1021108
But everyone should own a home
and college is a good idea for a lot of people
what is college bubble? degrees being overvalued and not realizing its actual skill that matters?
>>1021108
>Everyone should eat fruits
>OMG FRUITS BUBBLE SHORT ALL FRUIT RELATED COMPANIES
You're fucking retarded, there is no such thing as college bubble. Also everyone SHOULD own a home, it's personal finance 101 (read biz fundamentals: the richest man in babylon "make thy home a profitable investment").
There might be too much graduates in one domain or another, there might be a shortage in people qualified for manual labor such as plumbers and so on. But in this system you will never see companies hiring people just for the sake of hiring, a minimum number of degrees are required (being associate/BS/MS/Phd/MBA etc).
Now that 2015 is over, what were your stock results for the year?
Remember that if you made a profit, you beat the market.
>>1021071
Started playing on Xmas eve
>Remember that if you made a profit, you beat the market.
If you believe this you're a fucking retard.
>>1021071
>Remember that if you made a profit, you beat the market.
You mean how the S&P500 lost out this year? That's not counting the dividend payments anon. If you held 100 shares of S&P500 from the start of 2015 to the end, you made money.
Is it commendable to reject nepotism from your father if I'm trying to enter the same field as him, or am I just arrogant like my family says I am?
Don't be an idiot. Leverage any connection you have to get what you want.
One man choosing not to use a family connection is not going to solve the issue of nepotism, and all you're doing is hurting yourself. for your own sense of pride. If pride is a big deal for you, though, then go for it.
>>1021049
what field? what amount of nepotism?
In general everyone takes what they can get, but if you feel you would rather do it on your own then go for it
>>1021057
This.
I wish I had some nepotism I could bank on. When I got out of college my father's connections weren't worth shit. I'm currently doing manual labor.
My buddy on the other hand, his parents own a travel management company. He works like 30hrs a week, does fuck all, and gets $45k a year.
As the old saying goes, don't look a gift horse in the mouth.
Commodities fags, get in here. How fucked is your chosen commodity?
Qt talking about how fucked the petrol market is
https://www.youtube.com/watch?v=BI0rm7ZeIYw
Its proper fucked, please run.
I'm not sure whether to bet against high grade coffee. I'm definitely inclined to bet against oil. Still making picks....
2015:
Sold off my double leveraged oil bull shares at a loss of 1.8k
Still holding a platinum etf that is down about 30%
>>1020921
So how would you go about making a long term play for energy? I'm talking 10+ years, oil prices cannot stay this low for much more than a few years because these are below cost prices. I was thinking of watching a few oil companies and getting in at a good price but I'm worried about the amount of debt a lot of them are in and whether they will be able to stick around through a long period of low prices.
I've been unemployed for almost a year now, mostly because I had a nose job done on February and quit my previous job because the recovery process was going to take a while. Since around May though I had begun to search for a job and only managed to land a few interviews, but only made it far on one. Didn't get the job in the end.
I'm a bachellor in business administration with a specialization in international business. Considering it's the beginning of the year and lots of corporations start hiring new people, how can I explain that gap year when...
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>nose job
>business administration and marketing
Oh god, you're one of those people. Please remove yourself from this planet before you do any more harm.
>>1020887
>Oh god, you're one of those people
Please elaborate. I'm curious.
>>1020880
No just tell them you're vain and spoiled so you didn't need to work
I want to make some fucking money, i have no education or income, $150 in cash and a computer. What do?
Tell me to buy crack or pull a 5 year plan out of your ass.
>>1020875
it's not rocket science. invest time and energy towards the goal of making money, and you will. you don't have to be particularly smart. just work hard.
'but how'
part of working hard is figuring that out. spending time on /biz/ can be a good start, and you can always check back looking for specific answers. but all the info you need is out there in the world wide web.
'give me time and internet access, and i shall conquer the world' -Anon
You can resell bitcoin from an online exchange at localbitcoins.com at like a 10% markup.
I've made good money trading Forex before but keep in mind it us not easy!
Resell shit on eBay, (just think where you can get valuable things cheap)
Drop shipping(think outside the box for markets)
Go to Walmart.
Buy a $100 vacuum cleaner and spend the rest on a bucket, rags, soap, chamois, and waxes.
Now go detail cars.
You can make $200 a day if you work hard, and sell yourself.
Hooray.
