Archived threads in /biz/ - Business & Finance - 856. page
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.
Advice /biz/?
Most days I feel like my mind is foggy and I'm running at 50% energy. I eat healthy I got to the gym every weekday. Yet I still feel like there's a weight on my shoulders throughout the day. But whenever I take adderall the fog is gone and I feel like I'm running 100% and then some. The laziness and mental fog is just gone. Though I hate the idea of having to take a drug to feel normal. What should I do? Am I missing something?
The last thing I'm thinking is to start running every morning before my classes. I don't do vardio...
Comment too long. Click here to view the full text.
Also, I have no script. I just bum some off friends every once in a while.
Food, sleep, stress relief.
I'm not sure if there's anything else you can do honestly.
i used to feel just like that, and then i figured out i was often feeling weird because i was smoking a lot of hash and taking xanax a lot at that time. so i cut back a bit on the drugs and now i have a lot more energy and i can remember things better. so maybe if youre doing a lot of drugs try to reduce a bit!
I'm pretty positive I just failed an interview for an actuarial position.
The guy asked me the question "what's one way you've seen the actuarial industry change within the past few years?" and I said something about the Affordable Care Act and he said said "Ok, what's one risk and one benefit that the affordable care act has caused for actuaries?"
And I had no fucking clue how to answer that. I had a long pause and then said something about how to be honest I would need to read and look at it more closely to know.
How...
Comment too long. Click here to view the full text.
>>988671
Interviewers like honesty.
Saying you didn't know and that you'd need to look more closely into it for an answer is so much better than bullshitting an answer.
Saying you don't know something during an interview isn't an end all be all. So if the rest of your interview went well, there's still hope for you. Don't worry about it too much, and good luck.
>>988671
I doubt you failed the interview because of that. Most interviewers try to ask at least one question they know is going to trip you up just to see how you will handle it. The fact that you admitted you don't know instead of trying to give him a bs answer actually serves in your favor. Since this is for an internship position they don't expect you to be fully knowledgable. Relax, bro, you probably did fine.
>>988675
And I didn't even see this post before writing my response.
With oil companies suffering left and right, I figured now would be the time to ask.
Who do you think is left standing when it all settles out? Is it time to pick up some stock while it's dirt cheap, or is that stock going to stay bottomed out as bigger companies eventually gobble up smaller ones?
Tell me what you see in your crystal balls, /biz/.
>>988667
Sorely tempted to buy Shell after that 5% drop today.
Dat falling knife tho.
>>988667
Shell, Cat, RR, GE seem likely to survive.
>>988667
xom
bp
apa
apc
cvx
You should consider PBT and BPT for intermediate term passive income.
You're welcome.
OPEC recently announced that they will not curb oil production, resulting in short-orders on petroleum across the market. Now that the hooks are in, do you think that OPEC will suddenly reverse their decision as part of a clever ruse, perhaps putting a total moratorium on their oil exports in order to collapse the global market and reap huge profits off of some smartly-placed orders? It just seems like shorting oil right now is too good of a deal to be true, and I don't trust those turban-wearing goat-fuckers.
Their goal is to wipe out US shale producers. Unless our government foils their plan by subsidizing it(unlikely), they will inevitably succeed, though they will take a long time to recover
>>988627
So you're saying that there is practically zero risk of OPEC suddenly stopping production in order to cause the price to go back up, leaving everyone who shorted holding the bag, before going back to producing again? Are you sure?
>>988818
The Saudis cant do shit, they need to keep selling the oil, whereas the US shale companies will use new tech to lean up their operations or go bust.We can wait the Saudis out. It is the US who are bankrupting them. Then you have the Iranians supply coming online. We are trying to strangle the Ruskies too.
![Jaws of Death - Dow [1].gif](https://i.imgur.com/XpUpaTV.gif "Jaws of Death - Dow [1].gif")
Jaws of Death trading pattern signals a down slide of 50%-70% of stock values from the yearly highs.
>Would it be worth it to make a short play?
>What is the best to short play?
![Jaws of Death - Dow [2].gif](https://i.imgur.com/VDiJT2t.gif "Jaws of Death - Dow [2].gif")
>>988579
Chart [2]
>>988579
>analyzing charts
>>988579
lmaoing tbqh family
I recently made a partnership with a large stainless steel manufacturing plant to make and sell metal products. Only problem is I have no fucking clue what to sell.
Help me /biz/
>>988506
Stainless steel?
Make parts for appliance manufacturers, maybe cutlery, etc. Big companies take bids for smaller manufacturers to make components. Find a niche and do it the best and the cheapest. That's the only way to grow a business in manufacturing.
>>988506
Hire me ill write a business plan for you :^)
>>988533
Any steel really. Only problem is I need to keep it on the down low so business to business isn't really an option
About 1.5 years ago I started doing "fantasy" betting, which means that I gave myself 100 "credits" that I then "placed" on various bets (was only pretending, kept track on my wins and losses in a word document) and I have managed to reach 14,000 credits since then.
So, apparently I am very good at betting, and I plan to do it with real money soon (of course only money that I can afford to lose).
Anyone else here doing this?
Seems interesting, OP. What sports are you betting on?
>>988486
Hockey and Football, mostly.
I registered at a betting site and if a bet gives let's say 1.6x if won, i take my "bet" and multiply it by 1.6 when I win.
>>988484
How much have you lost?
Ok, so I've got a friend who daytrades commodities from home, who keeps telling me that what he's doing is the same as what traders in companies are doing.
Is this true? Because it fucking doesn't seem like it to me. Fundamentally, what's the difference between trading from home and doing it as part of an actual firm?
The difference is partly psychological. At a firm you're not trading with your own money.
He's also using much less money and doesn't have to be wary about liquidity.
>>988464
I see.
Would the firms be using special data and tickers unavailable to me as a home trader?
>>988572
tickers are just security identifiers.
they WOULD use special data, and have access to more financial products, info, etc.
Gold has been plummeting for 3 years when will be a good time to buy it
>>988408
never
there is fed policy which is propping up the price of gold
the banks have been getting rid of their physical holdings since being allowed to physically hoard gold is part of the fed policy, designed to drive up price.
with record breaking demand from three countries, russia, china, and india, one would think that gold would go up, not down. yet, we see gold going down and down with each new record being broke.
what it really means is that there's a lot of supply of gold in the open market,...
Comment too long. Click here to view the full text.
>>988422
How long will this take
>>988426
not that much longer. gold dropped from it's peak a couple years back. under 1k will be a new norm, and then under 500 will be a new norm, which everyone will have forgotten about gold at that point. id say one to three years.
im also under the belief that the dollar index will rise to 120 and maybe higher.
I am 19. I am going to put my money in a ROTH IRA for 6 years compounding yearly at 1.4%, 5 times in a row, which means 30 years. I also plan on contributing $500 monthly to it.
So, when I am 49, I will be at $222,559.38
What could go wrong?
That's dumb as shit. My checking account has a 2.5% APR so long as I make at least debit card purchases a month.
Just put it in a Vanguard Target Retirement 2045 (or 2050/2055) Mutual Fund.
>>988330
You can't put 500 a month in it. You can only put ~450 to start with.
>>988345
You should be saving that money instead of spending it for a higher APR, silly.
What's the logic? What's a good rate if you don't get to save as much money as you could have?
Hey /biz/! Any successful swing traders out there?
I'm a web dev who's been investing for quite some time, and now feel confident enough to start exploring ways to trade while I work. I think the sweet spot would be where one can combine both fundamental and technical factors (the latter mostly for timing) but I have absolutely no idea where to start. Most blogs usually have these super specific magic patterns which "always" work, as in:
>long straddle the usd/eur when it's raining outside and the williams %r is below...
Comment too long. Click here to view the full text.
>pick a volatile stock
>wait for Implied Volatility to be low and price consolidating around a weekly/monthly high or low
>buy a long straddle
bamp
>>988241
come on biz, you can do this
>Be a NEET for a few months (already graduated)
>Get sick of it, want to start life
>Entrepreneurship is the only way
>Ask parents for starting loan to get me on my way, legit have things I plan to invest in and use it for
>"No anon, you do not know the value of money"
>Worked multiple jobs, even while studying, but just because I did nothing once I graduated while trying to figure...
Comment too long. Click here to view the full text.
Try getting a loan from the bank.
Then just never pay it off and live in apartment and shit.
Become like the rest of millennials
Try /r9k/.
Entitled faggot
>>988210
>Just want some opinions on it.
sounds like you haven't gotten over puberty yet
I go there before work (And even on off days as of late since I don't like being at home wasting time all day) and I sit and read whatever catches my eye. Learning the basics of PHP at the moment, even have a notebook and junk.
What's some /biz/ related books. Skill-building ones preferred, though it doesn't have to be programming.
>>988176
You really have the patience to read in a public book store? I don't see the logic.
>>988176
>reading books
>2015
What, why?
>>988211
I prefer paper books as well rather than staring at a screen
Someone made an excellent 2 liner post explaining why regulated (rigged) markets in hopes to maintain stability of a prize (ie fiat currencies) are shit and cause havok in the long term, but I can't find the post. Please post it again.
When less than 20 people own 90% of Bitcoin, how is that better? It's virtually the same.
You forgot to add "Volatility: high"
>>988144
>>988154
Wrong. You pulled that number out of your ass, since there's no way to know exactly how many people own what in Bitcoin, it's all speculation. In any case, there will always be elites, that's basic human nature.
The difference is in Bitcoin elites come from visionaries that saw the potential since the early stages, and got naturally rewarded by this in a non violent way. This elite cannot manipulate the total money supply at will, and run...
Comment too long. Click here to view the full text.
Can I wear these to a job interview?
I'm an engineer going to a energy related company but me mum says I dun fucked up if I wear sandals to an interview.
Is it a big deal I like to allow my feet some air?
I went to a job interview in pajama bottoms and a Hanes t shirt. Got a second interview, but ultimately didn't get hired. Was for a Finance internship.
>>988139
>Is it a big deal I like to allow my feet some air?
No, but you will not be hired over someone who does dress professionally.
Are you autistic?
>>988148
What the fuck lol
