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Archived threads in /biz/ - Business & Finance - 120. page


>you will never have the technical knowledge or connections required to create something like airbnb or robinhood or bitstamp or ethereum

Is everyone Howard Roark but me? Or am I missing something? I'm not even illiterate, I have a mechanical engineering degree
5 posts and 1 images submitted.
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>>1339301
try r9k
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>>1339301

You have a degree. Thousands don't.

Get to work, you know what others don't.
>>
do these 2 things...Get trumpcoins and go long crude..
congrats you can start your own startup in 3 yrs

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Hey /biz/.

Give ideas of investments that differ from the usual ETF's, crypto, etc.
Have a few k and want to diversify.

Pic related : financial freedom and qt's.
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>>1339272

VTSAX and STFU
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>>1339299
Good idea, but it sounds like ETF.
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>>1339272
Buy puts on vxx if the Vix is over 30. Volatility will eventually subside

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Remember me?

How did you do?

Did you listen , did you make gains?

And why is nxt next?

Its forming a bullish pennant friends
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>>1339268
bullish pennant
>>
I'm hoping it'll rise to 200. I don't have much invested because i didn't have much to start with, but these gains will be good
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>>1339268
>Remember me?
HEY HEY! I remember you!

You're actually the reason I bought a lot of sia when it was at 36 sat back in late march. I'm holding onto 87 million sia and it's pretty fucking great.

It's a great coin, it might go to 100-300 million market cap, the chinese love it, it has great devs, a solid design.
It's a dream coin.

Seriously dude, it's literally all thanks to THAT image you posted so many months ago that I invested heavily into sia.

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What type of website but should I maek
16 posts and 1 images submitted.
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kneepads seller
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>>1339230
csgo skin gambling site

teh big ones make $300,000 per month
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>>1339235
Wait what the actual fuck, really?

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What are the best stocks in France ? I want to acquire money to study in America. France's éducation is free, but is it better to go study in one of America's top school instead and get debts ?
6 posts and 3 images submitted.
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>>1339097
French ppls are faggots. Stay there plz
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>>1339097
no america sucks frenchie
the american dream is false
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>>1339097
"""""""""""French"""""""""""
>pic related: it's OP

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You got told a fuckton of times to buy Bitcoin and holding no matter what price it was at since in 10 years you will be rich, but no, as the short sighted moron you are, you had to give your BTC to some scammers.

Now suffer.
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>>1339084
lmao gg hashocean shills
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I was going to put $1000 into HashOcean Monday morning. I'm glad they shutdown before I gave them anything but what am I suppose to do with all these bitcoins I just purchased? Just sit on it?
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>>1339104
yeah i guess you can sit on them. or try gambling on some altcoins.

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Ok, i am not an expert. But tell me something /biz/. What exactly stops someone from buying from one and selling to the other, since the price is so enormously different?
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>>1338901
>$450

>mfw
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>>1338901
Good luck trying to sell on yobit when the bid price is the same as bittrex
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>>1338901
Isn't yobit some chink scam site?

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How to make 10$/day with no effort?
19 posts and 3 images submitted.
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Invest in knee pads and lip balm
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>>1338852
I don't want to mix pleasure with work
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Put $10,000 into Bitcoin and sit on your hands.

Hey biz,

I need some advice. I am working for a start-up this summer and they made me an offer for a full-time position for the following year.

I am finished with my bachelors in environmental engineering, but was planning on pursuing my master this fall.

But this job offer threw a spanner in the works. The offer is 43 000 USD as a base wage (which is enough to live ok/comfortably in my country) and 30 000 USD in company stock.

The job entails a lot more responsibility than a 23 year old would usually get, and could potentially put me in touch with a network of investors and business-people.

The company is valued at 1.5 million dollars atm, but I honestly believe it will be worth a lot more in the following years, increasing the value of my stock. But its still not a liquid asset, it would be hard to sell it, at least now, I think?

It is not related to my field at all, and it's just for 1 year. Do you think I should do it?
18 posts and 3 images submitted.
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>>1338786
Sounds like a pretty cool job actually.
Grad school will be there waiting for you next year.

Do they offer any other benefits?
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>>1338792
No, its a start-up with significant growth ambitions, but still fairly small. Start-ups arent exactly known for their perks.


Office is dingy and shared with a couple of other start-ups. Work is result-oriented but varied and challenging. We have a coffee machine that fuels the place and a fridge stuffed with red bull, thats it.

Still, I could get a masters and a job that pays maybe 60-70 K USD in two years..
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>>1338799
May I ask how they got their 1.5 million dollar valuation?

Does it have a history of constantly making money for its shareholders?

yo /biz/, I have $8000 and I want to invest it, whats the best thing I could invest in that's not stock
28 posts and 2 images submitted.
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>>1338766
$8000 isn't actually that much, I would start by putting it in a high yield savings account that gives you at least 1% APR. It's always a good idea to have at least 3 months of your paycheck saved up for emergencies.

After that start by putting the $100 dollars every month in your retirement account.
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>>1338766
bitcoin
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>>1338776
this

pay off debys with it or use it as an emergency fund if shit happens

>>1338779
if you follow this guys advice theres a reason you're poor

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How do I make the most money out of BREXIT?
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>>1338758
their banking stocks - LYG, RBS, BCS lost 20-25% each, wait a bit for them to bottom out, then buy and wait for them to rebound as they will when the sky inevitably fails to fall on their heads
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>>1338758
By understanding business/markets enough on your own to not have to rely on people on 4chan to tell you how.
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>>1338758
also that image is kinda backwards

the millenials that dont know shit wanted to stay in

hard working folk, and elderly people who know how shit is wanted out. Hell the queen supported the Brexit

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I'm a 20 year old earning a math degree (3.6gpa). I know nothing about finance and never gave money much thought. Where do I start?
8 posts and 1 images submitted.
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Start by learning.
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>>1338746
Take some classes on options valuation methods and corporate finance, read anything by Michael Lewis.
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>>1339021
thank you

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I'm 30 and I have 70k in cash.
I have no fucking idea what to do with it.
Should I buy a flat? If so..where? I like to be mobile and since I'm a software dev I can find work anywhere.
Should I buy gold? Should I buy cryptos? Should I keep the cash in the bank?
Should I buy a sport car to fuck hot girls?

I'm confused, I usually live like a bum, and don't need much money monthly.

Let me know some advices
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>>1338705
Index funds with vanguard. Never hurts to keep it simple with a S&P 500 index fund from Vanguard. (Assuming you're in the USA)

Just remember to max out your Roth IRA contribution. (Assuming you're in the USA)

If your company matches 401k contributions, make sure to max that. Let's say they match 4%, put 4% of your paycheck. It's free money. (Assuming you're in the USA)

Should I buy a flat? no
Should I buy gold? Should I buy cryptos?no, no Should I keep the cash in the bank? maybe, if it's a high yield savings account that's at least 1% APR.
Should I buy a sport car to fuck hot girls? lolno
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>>1338705
>I'm 30 and I have 70k in cash.
I have no fucking idea what to do with it.

put it into dividend stocks that pay 4+% a year and set up a DRIP so that the dividend payments go to buying more stock

then forget about it for 20 or so years only looking at it to add more or diversify into other dividend stocks

>Should I buy a flat? If so..where?

no, thats dumb

> I like to be mobile and since I'm a software dev I can find work anywhere.

get an rv/trailer then

>Should I buy gold?

no, its on the upswing now but how much longer no one knows, its volatile as fuck

>Should I buy cryptos?


ahahahahahahaha, no, dont be dumb

>Should I keep the cash in the bank?

other than the dividend stock option this is the second best option

>Should I buy a sport car to fuck hot girls?
>should i buy a RAPIDLY DEPRECIATING ASSET that will net me stds and possibly a gold digging wife

if thats your thing go for it, but im going to assume you want financial advice not suicide advise so im going to say no

>I'm confused, I usually live like a bum, and don't need much money monthly.


thats a good thing
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thanks for your advices guys.

Also, I'm thinking about buying some kind of farm+land in the country side with a friend. We're pretty convinced shit will hit the fan at some point in our life and we want a retreat place.
Is that a good idea or did I read too much fucking collapse stuff?

I'm from Europe btw

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REEEEEEEEEEEEEEEEEEEEE
WHAT THE FUCK

https://en.bitcoin.it/wiki/Tax_compliance
28 posts and 4 images submitted.
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>>1338506
it's only capital gains when you cash out, or if you have a wallet linked to your bank account (i.e. the feds)
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Move to Puerto Rico.

http://www.forbes.com/sites/laurengensler/2015/02/11/puerto-rico-new-age-tax-haven/#6aa3ec654d26
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>>1338506
>not knowing you had to pay for money you make
the fuck? Why do you think the IRS was made?

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I'm looking for an app or programme to record stock, purchasing price, sales price. Hopefully with added parts to record tax, shipping costs, promotional expenses etc.

I realise 99% of /biz/ only have $2 to their name and just shitpost about online currencies that have no real value but hopefully there's some other successful people out their browsing.

I sell around 30+ items a week and obviously import the same amount. I want to keep better track for tax purposes but also it would be good to see what my most profitable items are and what needs to be culled.

I've looked on the android app store but 90% seem to be garbage.

Ill check back on the thread later on. Thanks in advance.
6 posts and 1 images submitted.
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>>1338291
I wrote a Windows application that does that. But Android is too much of an undocumented basketcase to do an app version.
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>>1338361
What's your application
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Any excel formula or anything? Anyone here actually running businesses or is biz really just all poor fags with $10 worth of bitcoins?

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