Archived threads in /biz/ - Business & Finance - 891. page
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Hey /biz/ just got some interesting info on a stock that will drive the price up a ton. So here it goes.
Ticker: TEAR
TearLab corp.
They make this diagnostic system that helps doctors to diagnose dry eye and apply a numerical gade so they can track the progress for verious treatments.
It's a test where they just touch a little stick to your tear duct and in 5 seconds it gives them a numerical value. Simple and it works. I'm no expert but that's it in a nutshell.
So they have this platform on the market now all across the US and...
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im down, will prob pickup around 400 shares
>>965807
What's your source?
Also you should screenshot this if you really think it'll take off. That way you can post a new thread declaring yourself a genius
I'm going to buy in next week once my funds are available.
Why does the US Government care so much about controlling the media through the FCC but leaves something like health care up to capitalism?
Healthcare is clearly not left up to capitalism, it's by far the most regulated industry in the US. Insurance companies can't even sell across state lines. Some medicines can be sold in one state but not others. Often, companies are granted monopolies in certain states. The US government spends more on healthcare than any other program, including the military.
The FCC, like healthcare regs, is designed to give big companies monopolies. It created barriers to entry so that Murdoch and the like can have a monopoly on the media.
>>965989
That's the way the health insurance companies want it. Google "crony capitalism" if you want to learn more. Insurance lobbyists wrote Obamacare, they love the bill.
>>965991
Exactly, as always the well wishers who wanted to "save" the US Healthcare system held hands with those big companies who wanted to create barriers to entry into the market.
I CAN'T stress enough the fact that all it takes to get rich in 10 to 15 years is holding a stack of 21 Bitcoins. I want to leave this really clear here, and I want everyone to take pictures of this. This is based on existing knowledge. If you do not agree, you haven't still researched enough what is going on. You simply don't get it yet. Your brain hasn't "clicked" yet into what the fuck is going on in front of your eyes due normalcy bias and other natural coping mechanisms.
Im going to give you this one last chance for you to get it. I...
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In the following posts i'll address classic ignorant arguments about Bitcoin.
>muh private blockchains
Blockchains, as a concept, are not controversial. Bitcoin is highly controversial. That is why the narrative changed – because “Bitcoin” makes financial professionals uncomfortable. There was no conspiracy to change the subject, it just happened naturally; the path of least resistance.
But what is it, exactly, that they hope to achieve by advancing private, non-Bitcoin blockchains? Without Bitcoin, a blockchain is just a distributed database – not exactly a novel technology. What is R3 CEV but a sexier and more social MySQL database? Why did banks not build such distributed ledgers long ago? If they are the arbiters of transactions, there is no need for mining, and thus no need for a blockchain, per se.
Perhaps such a distributed database never happened before because the banks haven’t felt the true competitive pressure to innovate. Banks’ biggest innovation in the last two decades was the Geithner Swap, in which loss due to excessive risk taking is swapped for taxpayer money. Banks aren’t so much financial innovators as they are lobbying cartels. But can you blame them? When Government forces its way into bed with you, who do you imagine you’ll wake up with?
It remains to be seen how long it takes for the financial industry to realize that the true valuable innovation is not the distributed ledger of the blockchain (which has existed in other forms prior), but rather the open platform of financial inclusion with no trusted party or cartel (which has never existed).
Blockchain technology, properly understood, is decentralized. It is an open platform. It does not pass judgement on human actions, it simply enables more action, more easily, to everyone. A blockchain strategy that doesn’t appreciate this is doomed in the same way and for the same reason as AOL and CompuServe. Does industry really need that lesson again?
Can I actually buy anything in the year 2030 with Bitcoin? Or just Gift cards like now?
Gotta love those shills
So should we just buy 21 Bitcoins or?
I'm 23 and I have no clue what to do. I can only pick majors without math because I'm disabled at math. I want a job where I finish up all my work in 4 hours and lounge the rest of the day.
What should I start thinking about?
Investment danksmoking
>>965619
Becoming Amish, you'll work bout that much
>>965621
Actually maybe you're right and I can become a pot grower
It's like you guys don't even want to make it.
god damn dude
800% don't mean shit when you probably owned 2 shares you bought with your tendies money.
>>965487
how many shares tho
What motivates you to work /biz/? People always tell me to set goals but I have never had any ambitions whatsoever.
Me personally I imagine myself on my future yacht, waking up to a big jiggly butt in my face.
>Push her cheeks together and a banana comes out (w/nutella)
>Eat my breakfast then eat her out
>Tell the other girls to get the shower ready
>Get into shower
>Asian washes my back
>Black washes my chest
>White washes my knees
>Indian...
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>>965462
I want to do lots of cool shit before I die.
r9k
Why do so many people still shill this book?
That book was shilled so hard that it now has an autopilot for shilling.
Literally thousands of people are forced to read that book every year for public school. It was actually mandatory reading in my high school economics/finance class, and that was ten years ago.
Even though it's complete shit, you have to admit that the book is very well written. It lies to you, but it lies in a way that you can rationally accept it as realistic and assume it is common sense advice.
>>965402
I prefer to refer tothe book as "Rich Cu ck, Poor Cu ck"
>>965414
cuck
Wife and I make 200k (gross) have an option to buy a 850k place with a 25yr amort or a 450k place with a 13 year amort. In both cases will only put down 5% - thought and rational appreciated
>Wife
theres your first mistake
>200k gross
>5% down
keep renting until you can put at least 20%
rational? figure our money is better served in the market than as a down
>>965293
I dont fully agree with the wife comment. But I do agree that OP should put 20% down to avoid PMI. With that salary you should really be able to save more man.
> come from memeing class family
> go to meme school
> be mememployed
> can only find meme-time jobs
> be stuck with meme work experience
> can't find a full-time meme to save my meme life
> my entire life will be a meme
How do I stop the pain?
>
I know this feel. I'm 24. Went to a great university because my parents told me I had to. Graduated. Did pretty good. Popular. Social. Move across country to get away from overbearing parents. Can't find a good job. Start to crumble. Get skinny fat. Can't afford health insurance. Start putting things off (like auto-repairs and dentist because no money). I've been working low wage jobs for years now. Figured I'd eventually be able to choose and industry and work my way up, but I still have no idea which direction to go, and now I'm a loser. Can't...
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The only way to break the cycle is to risk everything and start your own business
Learn everything you can, put together a solid business plan and start trying to raise money
You cannot get rich working a job
>>965269
Maybe stop typing the word meme like a retarded teenager and get off 4chan as a start?
is there much of a difference between sports betting and putting money into the stock market?
>>965184
The people here will say yes, but the reality is no, especially if you're working with derivatives.
Both are moronic and a waste of resources.
Nigs that make dumb plays
>>965184
Yes.
So I recently transitioned from one job to another. I had worked 40 hours at the previous job and I just realized that I was payed for a full 80 hours. What should I do? Is it safe to keep the money or would there be legal action taken against me if I did in the future?
>>965102
Move to Monaco and live the big life on that $15 x 80. Escape the fascist feds and enjoy your early retirement you bigshot you.
If I get overpaid I say nothing ,just plead ignorance.
>>965102
You better be careful OP, if you don't report that WalMart might send a collection agency to rape your ass for that whole $200
Reselling Chinese tat - is it as profitable now as it used to be?
Importing into UK I assume wouldn't be so much a problem, but are more buyers buying directly from China now to make a reselling business less viable?
What is tat?
I import stuff from china and sell into australia, may be able to answer some questions
>>965284
"tat" being a UKism for anything and everything!
Do you find types of products that sell are seasonal? And what advice can you give on sourcing and choosing merchandise to sell
I just inherited a 401k plan with Merrill-Lynch as a beneficiary of my dad's estate.
Would the smarter decision be to leave that money alone, or reinvest it in something with better returns?
I'm only in my early 20s, if that's a factor.
how much did u inherit u n00b
>>965069
Around 4500 dollars.
Here are probably heavy withdrawl penalties.
For 4500, I would just leave it there. You're not going to be able to do anything meaningful with that amount of money in terms of investment, especially after a 40% tax penalty.
What does /biz/ think of the Square IPO tomorrow? I'm bullish.
>>965032
A CNNMoney article told me that there are better IPOs to invest in tomorrow. I forget which one though.
Square is apparently still losing money, but that doesn't mean anything. It's pretty trendy and it'll probably have a good run initially.
Shits gonna tank.
>>965059
>better IPOs to invest in tomorrow
Match Group IPOs tomorrow too if you want to invest in websites catering to lonely people who don't want to grow old and die alone.
Mortgage question, I can never really get a straight answer about this.
I've got £82k left on my mortgage £8200 to be exact.
I'm paying it off pretty quickly but I wanted to know is there any point to putting smaller amounts in aside from the monthly payment and overpayment.
If I had a spare £50 is there any danger to dropping it in the old mortgage fund? I understand this is 0.06% of the total fund but does every little help? does every little add up? IS there any point?
>>965020
>I've got £82k left on my mortgage £8200 to be exact.
82,000 and 8200 are very different numbers OP.
How long would it take to pay off at your current rate?
This matters because the faster you pay it off, the more interest you avoid. Lets say, after 30 years, paying an extra $50 today would have a significant difference due to the compounding interest that would have accrued had you not payed it.
>>965020
It depends entirely on the interest rate, which you haven't provided us with.
Do you think we're oracles?
