Archived threads in /biz/ - Business & Finance - 872. page
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How poor is $250/month pay? Also which jobs in the US would likely have that wage amount?
>>978625
Not many ways to dip that low. Maybe like shitty beggar or waiters minus tips.
>>978625
nzfag here, I just got a summer contract in retail and only work 30 hours a week (currently between HS and uni), and I make 4-5 times that. How the fuck is it even possible to make that little?
>>978625
Here in the Netherlands if you're 23 years old that's less than 1/6th of the minimum wage.
what is your most valuable /biz/ness pen that you use to sign your most important documents? Or pen you keep in your suit for important meetings and events?
I am looking around for a pen just for this purpose, right now I have some Mont Blanc my dad got me but I think it's time to spend a little more and get something a little more prestigious I guess
Lemme see your pens and give me some recommendations!
>inb4
>bic
>papermate
>hotel...
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This better not post sideways
>>978554
Fuck
>>978547
I don't really care.
I steal pens all the time, I don't carry anything around. In my office I have almost five new pens at the end of every day.
That way I don't have to worry about ink running out.
We sign our own documents digitally, so I don't have to worry about the ephemerality of shitty ink.
At the end of the day my secretary takes all the pens but the best one, I think he collects them.
The best pens I've gotten are from high stakes tech incubators....
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Sup /biz/ Bitcoin General thread
Anyone here currently mining bitcoin? Is bitcoin mining still profitable in 2015? Recommendations for someone who wants to start mining bitcoin?
I'm willing to invest about $2000 into mining hardware. Now being that it is not nearly as profitable as previous years I have the possibility to cut out power costs completely. I'm not running solar nor out of a dorm but the way I plan on running it will be entirely covered to where I wont drop a cent on power. I don't see a flaw in this currently however I want input from those that are mining or have mined in the past. How have you guys done with bitcoin?
>>978543
if you don't have a botnet of 1000 computers doing it, you're wasting valuable time.
Also, the mining bubble was like 4 years ago.
>>978546
Are mining pools not a profitable option?
If I'm able to generate 1-2 bitcoin with hardware they pay themselves off within a few months.
>>978548
No there not.
Where the fuck are all the deals?
Sheeeit
>>978542
there are none.
>black friday deals
>same shit you can buy at any other fucking time of the year with fake "markdowns"
>only a few good deals but not even worth it because the niggers will just beat you up for it anyway.
>cyber monday
>the exact same bullshit.
look at fucking newegg of all places. the Harddrives on sale WERE THE...
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>>978542
Black friday/cyber monday has been fucked for the past 5 years.
Back in the mid 2000s was the "golden age" of black friday/cyber monday. Nowadays, there simply are no "deals" and the only way to truly find good prices on shit is to physically enter stores and stalk the clearance racks/open box/etc shit.
Basically, we've gone so far forwards that we're backwards again.
yeah I didn't find anything worth buying either.
What major would be the best option? Main goal is to make $$$$, doesn't matter.
Accounting or Finance
From the BLS:
Accountant growth from 2012-22: 544.2
Median Income 2012: $63,550
Job Growth: %13.1
Financial analysts/examiners growth from 2012-22: 100.9
Median Income 2012: $76,950
Job Growth: %15.5
*bonus* Financial Manager's Median Income 2012: $109,740
Background: After my fifth semester in college I am currently in limbo on what I should decide and I'll be starting my major classes next semester. Worked in...
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>>978461
Finance is harder to get a job but pays more.
Accounting is boring as shit, so not as many people want to do it.
Accounting, to make money in finance you have to be outgoing, lucky, and actually talented
>>978463
>>978464
*kicker* I live in a huge retirement area in the US (South Florida), not sure if a bunch of old rich fucks need financial advice, fuck working for a bank though...
I don't care if I sit behind a desk or have to deal with fucks, I just want to be financially stable for the future and make $$$ I can invest myself.
Hold on to your ass. Opec meets on December 4th. This will be "the big one". There will be many "rumors" this week. Probably not a good idea to trade off any of them.
Traders want to sell a lot of oil "short" but are scared of Opec (read Saudis) making a counter intuitive decision in that regard. So price action might be flat up to that date.
If they, Opec/Saudis, announce no change in policy, oil begins descent to a $20 handle. If they announce "cooperation" (their definition is different than yours) price goes to $50 ish...
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I trade oil (among other futures). Been doing pretty good. I always take days off every Wednesday for inventories and OPEC meetings. Trying to trade them is gambling.
>>978332
I honestly don't know what the fuck to do, coming from an upcoming oil and gas engineer here, I really think I've fucked up. I'm finishing a 2 year extended diploma and trying to get an internship with a degree tied into in, just for the experience. How fucked am I? What should I do instead of oil and gas (there's still time to turn my shit around)
>>978337
Chem engineering. That way you can work even if oil and gas goes down the tubes
Will everyone eventually be rich?
>>978328
No being rich is relevant so only a small percentage can be.
>>978328
Its all relative. Hundred years ago not skipping a meal was reserved for the privileged few. Now it's maybe owning a house, next will be something like owning a private jet?
>>978338
>owning a house
Nah senpai, the rich are gonna buy all the houses and you're gonna have to pay rent.
Why are taxes a form of theft? Why shouldn't we have a flat tax where I pay the same amount of tax dollars on my investments as Jamal does on his money flipping burgers? That would only be fair.
>>978269
>Why shouldn't we have a flat tax where I pay the same amount of tax dollars on my investments as Jamal does on his money flipping burgers
Because that's raycis cracka! Some people iz less fortunate! U can't be marginilizing dem likes dat racism and all that bix nood mufuggah gibe reperations whitey
>>978275
Damn, right. A regressive tax would actually be better, come to think of it. Those poorfags don't know how to properly use their money, so it would just go to waste in their hands anyway.
Many of us here agree with you, and you are in fact correct that a flat tax rate is fairer on everyone
However, the majority of people are burger flippers, and they have decided that since higher earners can afford to cover more than their fair share, they should be forced to do so and take some of the burden off the working class
It's pragmatism over idealism, the only realistic way to support bloated modern governments
A flat tax rate for everyone would necessitate a huge reduction in the size of the state, and politicians can't propose something...
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I'm in a dilemma because I'm trying to approach the problem with opposite mindsets, so I'm looking for some advice on the matter.
I started my first year of university in Poland (it's free here) this year. I'm doing Chemical Technology and I started the year with a plan of mastering later in pharmaceutical chem. While I do find some of the subjects interesting (especially the chemistry subjects) I'm having second thoughts because I perceive it more as a "This is interesting and cool to know" rather than a "I find this so interesting...
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>>978132
I'm hoping to get some advice on it from a business/financial perspective.
>>978130
Tl;dr
I'm a busy guy and I don't have time to read some 19th century blowhard's manifesto.
I'm also kind of stupid and lots of words make me tard out.
Let's tear down some of the business book classics to their smallest applicable denominator.
Side Quest: New science on simple concepts to self-improvement.
>>977996
"business/sales" books are a fucking meme
That shit is just a scam. Why would a successful businessman need to make $36/month royalty off selling books?
Dale Carnegie's "How to Win Friends and Influence People"
TLDR: EMPATHIZE, LISTEN AND SMILE, NO AUTISM ALLOWED
>>978001
No, fuck off, many books are great. You're angry because you can't read because your dad is black.
Return to your cocks per hour thread.
When will the student debt bubble burst and what will its consequences be?
It isn't a bubble. It will not burst. There is no excess speculation driving the cost up and no assetts to give up if you default to cause it to burst.
>>977974
Student loans are already backed by the government. So there is no vicious cycle of margining off the loans like the banks did in the housing situation.
A massive number of graduates need to default, massive like in the 100,000s. Then the government will lose expected income that will be noticeable. Then they will garnish wages of those 100,000s because you cannot default on government backed loans.
It will then become a California default situation where a private bank will then have to cover the debt...
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>>977978
The speculation is a college degree will allow a person to get a well-paying job, which will then be able to pay off student loans plus interest. What happens when the job market becomes too saturated with college (happened before, pre-revolution Iran had tons of unemployed college grads because not enough jobs were available that need college grads)? If grads have no (well-paying) jobs, and cost of college keeps going up, we sooner or later will see a mass-default on student loans. Won't this have a massive effect on the economy?
If the poor are so poor, then why don't they just invest in the stock market and become rich?
Why are poor people so stupid and lazy?
>>977875
Hell, just come up with a system and bet on sports or something.
If you think you're guaranteed to lose, you're going to lose.
People are poor because they don't save money. They would rather buy "nice things" than save money. Unless you are a minimum wage degenerate, there is no reason you should not be saving. Everything you've done, you've so voluntarily. Don't blame your student loans, credit card debt, and other mistakes on the government or "muh capitalism" like a little faggot. If you are too ignorant to thrive in a capitalist economy where anybody can make it, then go hang out with the socialist faggots in Sweden.
>>977875
What are some tips on making money then faggot?
What's the difference between "Economics" and "Finance"?
Economics is the baseless propaganda the finance people use to control the public and politicians. The results can't be replicated, so they're effectively useless.
See the federal reserve study:
http://www.federalreserve.gov/econresdata/feds/2015/files/2015083pap.pdf
Economics has no predictive power or consensus, nor has it ever had predictive power or consensus. It's just a bunch of baseless opinions, not a science.
>>977863
So what exactly is the difference between the two?
You managed to reply to my topic, without replying to it.
>>977872
The first line: the economics people work for the finance to produce sufficiently convincing studies in order to get the public to do what the finance people want. That's the difference.
Economics is more about money in general, while finance is money as applied to banking and stock market speculation.
>Live in central Iowa
>Acquire 63K
>23 years old
>Make 42.5k a year
>No debt besides 3k in student loans
>Pay 540/mo in child support/health insurance
>110 phone bill
>130 auto insurance
>500 rent/utilities
Should I buy a house?
Pic unrelated
>>977695
Think of it this way.
>rent a place
>you give your money away and someone else gets a nice house in return
>get a mortgage
>you pay for a house and you get your money back when you sell your house
>only interest rates cost you money
>>977697
>>only interest rates cost you money
+ Maintenance costs + property tax
>>977697
>>rent a place
>>you give your money away and someone else gets a nice house in return
Don't listen to this bullshit. Unless you live for free with someone, you will always have to pay for a place to live. You can get a 30 year mortgage and at the end of 30 years you will have paid whomever holds the debt triple the original price of the home. Then you are the dumbass. Paid triple for a fucking house.
Rent a cheap place on half/third...
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Passive income is the idea of making your money work for you. This can be anything from living off the interest earned on stocks or collecting revenue from tenants on a rental property.
What kind of brilliant ideas have some of you idiots come up with?
>asking for free ideas
>calling us idiots
lurk more shitlord
>>977648
relax your throat muscles as you passively make income while cocks enter and exit your mouth
>>977648
Try slumlording. It's fun!
