When /biz/ thinks US economy will finally collapse?
How it will affect other countries?
>>1263073
>When /biz/ thinks US economy will finally collapse?
May 28th. Youtube says so.
>How it will affect other countries?
Massive deflation. Exports to the worlds largest consumer dries up completely. Effects domino from there. Entire global economy will grind to a screeching halt. Every major bank will collapse as default rates skyrocket and at home it will be a near extinction level event.
Take Australia as an example. Nearly 60% of all our exports go to the US and China in a 25/35 split. Both of which would completely evaporate as china would no longer be producing or exporting to the US. It would be fullblown chaos as all your digital funny monies simply disappear. You'll be trading your daughters butthole for corn, sugar and flour.
If you haven't invested in some prime age woman-flesh, hope you have far more ammo than the other guy.
>>1263096
>May 28th. Youtube says so.
On a Saturday? When markets are closed?
>>1263098
Youtube says so man.
But lets hypothesize. The trigger could be Friday close with the event on the Saturday. Markets get obliterated during the week. There's a run on cash, they call a "bank holiday" Friday.
Saturday no one can withdraw money from an ATM, all online banking frozen. No one can access their savings, businesses immediately stop accepting credit. No one can buy food because all of America literally runs on credit. Panic ensues.
Yep, May 28th "on a Saturday" could be the first day of a collapse.
Thinking about buying this mining rig, what do you bros think.
http://www.ebay.com/itm/179-MH-s-Ethereum-ETH-Mining-Rig-6-x-R9-390-8-GB-GPUs-IN-STOCK-/182126072265?hash=item2a678f51c9:g:ToEAAOSwlHRXIrNr
>>1263072
>buying a rig
>"during the gold rush, the people selling the shovels became rich"
Most of /biz/ is outsourcing its rigs by renting commercial ones online. No setup, receive all functionality, electricity cost included, make basically the same profit.
>>1263072
An excellent investment
getting a rig set up and watching how slow mining is (compared to just buying ETH directly) has made my hands stronger.
20 year old, no drivers license, highschool dropout, living with my parents with only 3k USD to my name. From Sweden.
What should I do to get my life on track? I'm feeling very lost and don't want to wither away in my room.
Get a drivers license. Do you have a job? If not. Apply for one. If you are going to study, find something that you love plus you can make a good career out of it and work towards it. Before you do that however you should work to form good study habits. Self-study something or take a short online course.
>>1262961
When I was youre age I had no money and raging alcoholism although I did have a GED
Youre doing better than many
Only 3k to my name..
Top fucking kek.
Ok what is this meme?
Is this for real? does this company will worth that?
What the fuck does it even do?
How can I buy it?
>by new fag
>does this company will worth that
>by new fag
Yes
Pump and dump scamcoin like every other altcoin
The creators own most of the coins and has reached the top of its bubble and will be dumped soon and soon forgotten
>>1262601
watch this autistic fuck. he does a good job of putting ethereum into perspective.
https://vimeo.com/161183966
Robinhood General Thread - /rgt/
End of May 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/).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
No, please go to Stocktwits, Plebbit, or one of our many chat groups.
> What's a good penny stock to invest in?
Don't buy penny stocks you cum guzzling mouth breathing retard.
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.
Old Thread: >>1254171
LPCN has a PDUFA in the next 6 weeks. Even if the outcome is not favorable you can make mobey off the hype.
>>1262429
newfag here, does that mean I should buy now while it's low?
>>1262484
I would say so. Just don't get greedy in case it tanks.
looking to do some trading based on constant-volume instead of time charts. does anyone trade like this? what's the most affordable software to do this with interactive brokers tie-in?
>>1262108
See Chalek's "Dual Thrust" trading system.
I have said more than I am supposed to say.
>>1262391
i can't find much about it online, so i guess it is hidden knowledge. what trading program/brokerage do you use?
>>1262391
delete that!
Hi guys, translatorfag here,
I've been thinking about my future, and I have done some calculations. I want to know your opinions and advice, if you can.
To retire, I want a house. I want to build one for myself, that's about $200 000 ($300 000 for a nice one). I calculated that to run a household like this for 3 people, I need $1 000 a month. I can make this money no problem, but the problem is retirement. I want to be completely independent in retirement, financially, that is. So I need to either:
Make enough money for retirement and put it in an inflation hedge (silver)
OR
Create a big enough portfolio that can sustain me and my family in old age.
I already started silver stacking, only partially, got about a hundred bucks in it, nothing big, but I'm hooked. What would be the best course of action? Without inflation, I'm counting I'll need about 3 million (approximately). Anyone got a good retirement plan going on? Share your stories.
Use a retirement calculator (there are many you can find on Google). That will tell you how much you need to retire as a goal. As a general rule of thumb 15-20% of your income should be saved for retirement.
>>1262112
Well the problem is with my occupation. I don't work for wage, and if I have a bad year (barely scraping to keep shit running), I need all the income I can get. Translators don't USUALLY work for wage, they work contract-wise. So that means I can make 1000$ one month and 5000$ the next.
I'll look at the retirement calculator, thanks.
>>1262124
Is it a decent job to be a translator? I want to join the military and I have the grades to get in as a translator/linguist but there's too many jobs to choose from. Is it worth joining as one and learning some languages, money wise?
What languages are best to learn for money, and what kind of work do you even do with them?
Is there any way to make it if you have kids?
I guess, if you don't go about it like a nigger.
>>1261549
>Knocking up 3 women on a minimum wage job.
I'm not angry, just disappointed.
>>1261549
If you're making more than someone at a McJob, sure.
What does /biz/ use for personal budgeting? I have this excel spreadsheet I've been building over the last ten years which can answer all sorts of neat questions like "how much am I spending per week on X vs how much I've budgeted", "if I stop spending now how long until I'm on track again", "how much slack do I have *today* to spend on X", etc, and generally gives me specific guidance on how I need to change my spending habits.
I like this, but one thing it can't do is show me what my finances look like at some point in the past. I'd have to change the "today" cell, which is easy, but also delete a bunch of transactions from my expense and income sheets, which is a PITA.
I'm already typing every single transaction into this thing, I don't mind that inconvenience...does anyone have suggestions for something else to use?
>>1260481
Mint is pretty good. You don't have to type in every single transaction, just the ones you do in cash. It automatically tracks your spending with credit cards, and you can also link bank accounts and retirement accounts to roughly calculate your net worth at any given time. Once I started getting into the habit of spending approximately the same amount of money week in, week out, I started to drift into inactivity on Mint, but it's pretty useful if you want to understand and control where your money goes.
>>1260481
Care to email me that spreadsheet?
@[email protected]
Thanks.
I tried this software You Need a Budget 4 the other week, I didn't see the point. You enter all your regular expenses, and you find what you have left each month. What's the point? Should I then not buy what I want to buy? Money isn't real if it doesn't roll.
>Be half-Filipino
>Soon to leave the Army
>Traveled to the Philippines (just got back today)
>"Holy Shit I want to live where the nice-looking bitches are at!"
>thinking about being an expat
Thoughts /biz/? How can a US Citizen, ex-military ossifer who has a Secret clearance get a good job in the Philippines that pays as well if I was to stay in the US?
Thinking of making my own security company since grandpa has land over there that I can use as a range/training facility
>Pic related; Avg Filipina qt
I wont be dating American girls anytime soon, brb breaking up with 2 years gf
Dont make me dump my avg pinay qt folder
>>1259022
But I want you to do that.
Pictures aside, surely you have some connections to security companies that work internationally? That's the first thing that comes to mind; seems like a former officer would be in high demand in the security world.
>mfw great-grandfather was filipino
Is it possible for me to get citizenship?
(WILL NOT PROVIDE WHAT CHANNEL IS)
I am doing a youtube lets play channel. *cough cough* the herpes of the internet.
I am trying to self advertise (not on here) but dont want to come off as a twat. I release 1 video minimum a day everyday and only get a small number of views. my Metadata is maximized (other than the description only use 1500/5000 words.) and I dont want to use click bait shit any advise?
Are you gaining subs? If not then your videos probably suck and you need to improve them.
>>1256638
Not many subs (71) and my videos are improving. I have improved video quality, speech patterns, backdrop, video content... all of it. I feel like I need to just keep making videos until I get something that is hit.
>>1256624
do you have 'branding' ? a unified sort of logo, banner, whose design matches your videos thumbnails, etc ? do you stream? livestreams and follower/fan interaction is crucial.
Hi all welcome to the AUSBIZ ASX/NZX thread.
It seems all we talk about now is shitty microcaps so lets keep the gains on coming
Today should be a good day for us in traditional stocks. Oil has hit its highest price in a few months and and wall street closed higher on apples share price rising.
As a young guy with little more than 5k savings that "Micro Crap" made me over 500$ after brokerage. Also between that and the ASX sharemarket game I feel I've begun to learn a lot of the basics of stock trading. I also gave my boss a pro tip with PIO and AGY yesterday her turned into a 2k profit and gave me $150
>>1250226
Have fun bud, I'm in the microcap game too. Just be careful as its become a culture of YOLO RED OR BLACK.
>>1250226
PIO is on TH until tomorrow
>Be me sitting in my finance class final year.
>About to start revision lecture cause final class
>Normally like 20 people rock up.
>This time can't even move cause 150+ people rock up
>Teacher goes over nothing cause she knows most people want to shortcut
>Hear guys behind me say "She didn't even go over anything wtf"
>Mfw
Help me out here biz, how do shitcunts like these even get to final year?
Will they get a job? Cause if they do ill just kill myself now.
Yes, they will. It's incredibly easy to prepare for IB interviews if you are in a frat or know a handful of people who can help you. Many times, banks will hire people based on on-paper qualifications (exert-curriculars, decent GPA, etc.) and natural speaking skills (some banks fail to even bother asking technical questions).
So yeah, knowing your shit ain't shit. Not that it matters -- everything you've learned up till now will be nothing compared to what you learn in your first year working full time.
>>1265151
Using that logic higher education is pretty much pointless. May as well have 1 dude know it all and everyone else piggy back off them.
>>1265214
It is pointless
Boutique/bespoke/custom motorcycle builder
Viable startup or waste of time?
>>1265119
nah mate
self driving cars will make non self driving cars illegal
car manufacturers will be legally held responsible for producing cars that people can drive themselves, since it's such a high cause of death
If you could build custom bikes you already would have
>>1265153
I have, just only my own and not with the intention to sell for a profit.
How should I spend $200 on these stocks (or any better ones) tomorrow morning.
I like spin offs. Checkout:
MFS
NGVT
Heelp
TTNP is either going to explode or become nothing until Thursday, until then it will be growing.
I predict large growth in CBYL and CPXX
![robinhood_1[1].jpg](https://i.imgur.com/F7Hri0W.jpg "robinhood 1[1]")
![MYAMUuT[1].jpg](https://i.imgur.com/Nl7mv5T.jpg "MYAMUuT[1]")
