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Archived threads in /biz/ - Business & Finance - 213. page
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As someone grown up in a socialist family, how can I shed this incredible unproductive and destructive mindset for all and become a capitalist.

Why, because socialism is the ideology of death
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Well first define what it means to be a capitalist.
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>>1297791
Entrepreneurship by legal means. I have no understanding of economics or investing. Give me a introduction or some books.

I'm from Northern Europe by the way. My parents are both public employees who're completely against investing. I read that book Rich Dad Poor Dad and that opened my eyes. My parents are the classical example of the Poor Dad.
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>>1297787
Start a business.

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What are the best jobs/ways to make money from home?

obviously daytrading, but what else?
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You could make a glory hole in your door
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>>1297748
Saved
>>
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Vending Machine Route
Real Estate
Adsense
Selling Products Online
Selling Services Online (writing, art, etc)

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Watching a socialism for dummies lecture on jewtube.

But I have some questions.
What happens if the state provides services for poor people, like in state capitalist countries like china but those are so poor people can be hired and have a job, a basic income making the goods and services they will later buy.

What happens if next to those public sector there's also a normal private sector, like any normal capitalist country?

Has anyone tried this in history?
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>>1297279
>What happens if next to those public sector there's also a normal private sector, like any normal capitalist country?

When the state controls the oligarchs, there is no "normal" private sector like in a free market.

The private sector is entirely at the whim and dictated by the few state oligarchs.

These systems promote corruption, favoritism, & kill innovation.

See: Russia, China
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>>1297380
I don't mean trully comunist shitholes.

It was just an idea:
Oh, let's make this new thing:
There's a public sector to provide cheap goods to poor people and there's a private sector to provide goods to middle and high income people.
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>>1297388
>There's a public sector to provide cheap goods to poor people

This won't happen, government will always be less efficient than the private market.

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Alright boys. I'll be receiving around 200k over the course of the next 8 months (inheritance, no will, waiting on probate nonesense).

What skills do I need to learn to make my money, make more money?

Is a stock broker a waste of my time?

Would business classes teach me anything I can't learn in my free time?

Finally, I'll be continuing my night job which fully pays for my daily expenses, rent, etc. I'll be able to fully utilize the 200k without living off of it after a few quality of life purchases.
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Oh sweet goddamn, KEK in I.d. it's a sign.
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Self bump
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>>1297205
>Would business classes teach me anything I can't learn in my free time?

no, learn how to evaluate stocks. everything you need to get you started you can find in gurufocus webinars and investopedia.

good luck

learning how to invest is not the hard part of making money, but knowing where to invest.

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WHY CAN'T I USE THE POWER OF MEMES CORRECTLY?
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>>1297134
you're not using the right instrument
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>>1297134

Are Nvidia and AMD really up that much?

I thought AMD was a dog of a stock?
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>>1297338
>thought
stop thinking and do some research, cunt.

AMD will try to get some slices from the server market.

server market around 50bl value
and graphic cards are only 5bl.

Robinhood General Thread - /rgt/

Friday Gainz Edition

Visit the website first - www.robinhood.com

Candlestick charting guideline:
> http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks

FAQs
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.

> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).

Comment too long. Click here to view the full text.
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F-first.

Thoughts on EYES, lads?
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Remember!

PTX and MNKD are long holds
Sell now for profit or wait for success

Only posting once
>>
SPHS

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If you had a second shot at life, what would you do differently? From age 15 or 18...
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I would get a trade apprenticeship. Then probably lose my job in 2008.
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>>1296735
Wouldve invested all my money into bitcoin when it was worth pennies and sold at the 1000$ peak and id be relaxing in a paid off house not working for the rest of my life with a fine piece of ass.
wbu op
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>>1296735
I'd probably kill myself, senpai. Assuming I knew then what I know now.

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I definitely want to get better at public speaking, and practical experience in a comfortable environment seems like the easiest way to reach that goal.

Anyone been to toast masters? Seems like it's for legit autists kind of but also seems pretty neat
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Like anything, if the group isn't shit, it will help a lot. If the group is shit, you'll have to figure it out for yourself and just better yourself. Def worth a try if you ever plan on moving into a management role.
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Recommended. Even if you only go a couple of times and it turns out it's not for you, you're not out much money and you'll meet new people.
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Good way to meet career minded chicks?

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I work at Bloomberg's Hong Kong base. Today we received notice that articles on China can no longer be published if it reflects poorly on the Chinese government unless approved by our chief "ethics" editor.

Is Hong Kong dying? Should I try and transfer to Singapore? It seems like the CCP will continue milking this cow while they can, but everyone is jumping ship.

Also is there a way to profit off of HK's fall or is it simply too slow to be worth while?

Thoughts /biz/?
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>>1296569
>Thoughts /biz/?
You work for Bloomberg and are complaining that Asian news service is being censored? Are you serious?
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>>1296575
Hong Kong is not the same as mainland China. We can publish anything we want legally speaking, it is just that recently the CCP has been denying Bloomberg employees visas to the mainland.
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Hong Kong isn't dying, it's in a transition. Last couple years the economy has been based on easy/illegal money investments and China retail sales, now money transactions are getting regulated tighter and our competitive advantage in retail sales has been nulled by the Internet and Chinese are going to Europe to shop with better deals over there.

With regards to freedom, personal freedom of expression in HK is pretty high. Yes, any large scale dis against the mainland publicly is a risk but it happens all the time in Hk, and overall you can basically do and...
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I have about $400 and about a month's time to do what I want with it. I need to spend it after about 6-7 weeks from this point. I want to make a profit of some kind. I know nothing is 100% guaranteed, but does anyone have any ideas for a near guaranteed profit in that period of time? Investment ideas? Etc?
7 replies and 2 images submitted. Click here to view.
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>>1296548
nice memory foam carpet and knee pads
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>>1296548
Go to Costco. Buy candy bars. Sell them for $1 each. Bust your ass and get turned down 1,000 times, but finally sell all the candy bars. $7.63 profit.

>This is how we business
>>
put it in a savings account, enjoy your 12 cents of interest

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>yfw you need to be an autist to be a good trader

>Lack of emotional attachment to trades
>Ability to analyze large amounts of data quickly and efficiently
>Obsession with the markets
23 replies and 1 images submitted. Click here to view.
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I'm an autist and I suck at trading. being a jew would be more useful.
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what do you mean when you guys say "trading?" do you mean day trading? Or being employed as a trader, is it difficult to become a trader? What does one need to learn?
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>>1296510
You just need to be an engineer.

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I'm a first year finance student that is doing unpaid shenanigans at a medium sized finance firm (they do other stuff, so IDK if I will be with finance people). I suspect I will be subject to bitch work, office boy shit because I'm a first year that has had no office work previous.

What are some things I should keep in mind like dresscode, etiquette, impressing my superiors so I get paid work etc.
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Dress the part. Be professional. Do everything that is asked for you and then some.

Always keep in mind that this isn't a summer placement, this is a few month long interview. Their are 100 other finance students who would sell their mothers for the position you're in, don't forget that.
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>>1296500
Thanks, yeah it's only a month (mid year break)

Good motivation
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>>1296498
bump

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> Get job keeping dysfunctional families together
> Families about to lose their kids
> Quit old job because this one is a living wage
> After a week of training they drop a bomb shell: I'm expected to be on call 24/7 7 days a week
> I like to drink and travel, seriously can't do this

What the fuck do I do? Quit? Wait till I get a new job?
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>>1296438
do what you want till they fire you.

collect unemployment
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>>1296444
Tempting, except for that second part. I need a 40k job with a Bachelor's of Science in Psychology. Any ideas?
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Negotiate. Propose working only 24/5 7 days a week

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i have an extra room in my house..... should i rent it out or put it on airbnb?

is airbnb have any problems?
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>>1296367

Me too. Monitoring thread.
>>
Rent if your in the burbs, but if your in a metropolis or near a tourist haven Airbnb can be lucrative.
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>>1296390
this
i mean it's not even worth making a thread about
do the math and see which number comes out higher

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Sup /biz/.

I took an elective last semester on Corporate Finance and found out I liked it a lot. We barely grazed the topic of stock market investments so I've got the most novice understanding of the market. Are there reputable online courses I can take to understand valuation of stocks and corporations to help with personal investing?

>mfw idk how 2 stock
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OP here: Just to give you guys something in return - my final project was on evaluating Under Armour Inc. (UA), and it turns out that UA has a ROE, ROC, and ROA of 14% each compared to the 8% market average. The CEO takes a salary of only $20k with everything else in stock shares, so he's been making sure the company does well. It's got a 100% re-investment strategy so the growth stock has doubled its revenues in the past 4 years.

Just some food for thought. May be good to look at as a defensive stock (beta ~0.7).
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>>1296303
bump for your attempt to give and ask instead of being like the majority of these threads taht just ask
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>>1296290
Keep taking finance classes or just major in it. I'm in my last year undergrad majoring in finance and its fucking great. I genuinely can't wait to start up fall semester.

If you don't wanna major then i suggest 2 textbooks: intermediate corporate finance and Equity Analysis. these two will give you a more well rounded understanding of the markets, valuations, and the corporate side of finance.

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