eth, lisk and mgt
>>1255795
Open a brokerage account on Vanguard and throw it into the same shit as your IRA.
That is assuming you're not taking advantage of any 401(k) and taking stupid amounts out of your paycheck to make that $18k contribution.
>>1256896
>mgt
Went from 5 to 2 in one day.
>eth
Looks like shit. Are you working for them as a paid shill?
>lisk
Never heard of it.
Lets start. Brb depositing 50€ to gamble.
Track record this week:
Monday: profit 300€
Tuesday: loss 50€
Wednesday: loss 50€
>>1255789
what's binary trading?
>>1255790
Yeah poor effort at a General thread. It's gambling, like Forex.
Recommended trading platforms:
binary.com
iqoption.com (has deposit bonus)
>>1255794
I don't get this.
What's the difference to "normal" buying and selling of stocks?
hey /biz/, I was wondering if anyone could explain the actual importance of compound interest
It's something that Warren Buffett has praised as a key to his success, all wise men seem to have some reverence for it, but one can take the time to learn the math, the formula involved, and still not completely understand its practical purpose?
I get that we're talking about long periods of time. But whenever you talk about interest rates that would actually be beneficial in this lifetime, the phrase "of course you'll never find rates like THAT with actual banks." always seems to cancel out it's applicability. How does compound interest apply to investing, in the real world?
Sorry for bad English, I'm from Pennsylvania.
>>1255724
It's a sort of "trick" to get you to invest with that bank/establishment/whatever
But you can absolutely benefit too. With like an 8% compound interest rate you can turn 80K into 450K in 20 years, with your initial investment doubling in 9 years.
The only thing is you wanting to invest boatloads of money for years and years for your older less sexy self instead of use 80K for all kinds of other shit in your 20s, if you even got it.
(dont pick apart my math we just happened to do this problem at college this week)
It's not really a bad deal, just incredibly long term.
>>1255724
here ya' go
http://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Reinvesting dividends from stocks.
Reinvesting interest from bonds.
Reinvesting profits from your business.
Buying more real estate with your rental income.
Taco neet here.
Poor as fuck. I only have now 16usd, but i want to learn. I was looking at silver and i can save 50euros each month. But then i saw you can buy gold and commodities over the internet like oil and silver shares (cfd)
I just want some good place to save my money.
Any advice?
>>1255668
Invest in yourself and get a better job
>>1255668
>16usd
Lol i blew about $150 worth of cocaine last night alone.
Thank you MGT for making me a handsome profit this and last week!
Oh but to answer your question: you will always be poor you spic
/thread
>>1255668
Honest answer, if you have nothing better to do with it, invest it on cetes directo. Seriously. Is the mexican equivalent to the us treasure bills, that is, a government backed instrument.
And no, it won't made you rich, you'll earn a few cents each month, literally. However, and this is the trick, by messing around with the different instruments the site is offering, you can learn about how the thing works on the real market, you're pretty safe because the government is far away from declaring bankruptcy (despite what the retards from the left claim), and if you play your cards right, you're actually beating inflation, so your money isn't losing value.
And no, I won't tell you which ones are the winner cards, learn that by yourself.
Yo biz, i have my whole life ahead of me (youngin). Never worked a job in my life. What should i get into to make a nice amount of cash to live on?
>inb4 prostitute
Wait tables.
People tell you what they want, you bring it to them, they give you money.
EZEZEZEZEZEZEZEZ
>>1255631
Not enough money to live in aus bro.
>>1255633
just because its not enough money to live, doesn't give you the right to not work. welcome to adulthood in the 21st century economy. suffering is our birthright.
I was offered 5000 to put my name on a loan as a cosigner for an aqquaintence. Other than tanking my credit if she defaults is there any reason not to do this?
>>1255583
>tanking my credit if she defaults
This is a good reason. Remember, there's a reason she can't find a cosigner.
>>1255584
I dont plan on buying a house in the next 7 years. It really seems like free money
Id be interested in something like that. Where should i go to find someone? Craigslist?
I'd reccomend you boys look into Nexus Niro....heavy buying going down. Serious news about to be released and the devs dad is co-founder of Space X, Jim Cantrell. He has a start-up called Vector Space Systems focused on launching economy cubesats annually by the hundreds. Just a little advice....
>>1255568
The chart looks like a pump and dump in progress.
https://www.bittrex.com/Market/Index?MarketName=BTC-NIRO
What's the matter? You bought at the peak and are afraid of getting cucked?
>>1255589
Negative I'm a long-term hold. Do some research and check back in a month
>>1255589
Post a two month chart
Has anyone here passed all the CFA exams?
What are some recommended guides that are free?
What are some recommended guides for purchase.
I'm doing this instead of going back for my MBA so I'm willing to spend money if it's worth it get the best material.
Whats a cfa
>>1255586
Chik fil a?
>>1255590
I could probly pass a chic fil a exam. I go there once a week
Anyone else investing in Border state construction companies and/or American oil when this man becomes President?
pls answer my serious inquiry
>>1255539
Probably better to invest in gold since even normies will be running for the "safe havens".
>>1255617
Speaking of which, why is Chyna, Soros, the Fed and others buying up tons of gold? Is there an imminent happening?
How do you even buy gold? Do you buy a gold backed type of stock or literally go and buy a nugget (fucking where?) and put it under your bed?
>try and get an internship at a no name company
>do you have relevant work experience?
>Every job in your professional discipline
>masters degree and 5+ years experience *required*
>"Desired skills" at least 10 lines long
The economy is a complete fucking joke at this point. Might as well get into a life of crime at this point, probably pays better and has endless demand; and if shit goes south you've got a hot cot and 3 meals a day waiting for you.
I got a gig at a bulge bracket firm coming out of college
U jelly m8 ?
>>1255536
>job fair at a shitty university
>come across a noname software startup
>ask what they do
>dude just blanks for a second like he can't believe I haven't googled their company beforehand
>starts talking over my head with a condescending tone
>Ok are you hiring?
>referred to website (=yes, but not you)
And it actually WAS a random small noname company. I could have been more proactive, but they have to be losing out on talent by acting like microsoft.
Hey /biz/
I've just started looking into CFD trading and opened a demo account with Plus500 (pic related). With the demo account I managed to double the fake $25,000 i was given in a couple of days through forex.
I'm considering opening a real account and depositing $100 and seeing where I go from there, but upon looking into plus500's reviews a found a lot of people complaining about having major issue with withdrawals. Many are calling it a scam.
I wanted to ask you guys if any of you have had experience with plus500. Any problems ? If you don't use it then what CFD trading service do you use/recommend ?
>>1255517
Well, seeing as how most anons here are burgers, we don't trade CFD's. In fact, they might even be illegal here.
UK?
>>1255609
Nope Australia. And I'm really new to all this so I'm just trying to make sure I don't at least get scammed.
>>1255634
I too am in aus and would like to know. What part of aus?
Soup /biz/.
I found a bank with an 18% apy and 2% local inflation rate.
Does /biz/ want?
Is it with gold coins stored in the Bank of the Bathroom Closet?
>>1255510
alright well if you don't want it just say so
>>1255500
Is it in Greece?
How do I profit from this?
Short orange juice
BA might dip a bit if it wasn't ISIS
>>1255448
What if it was Isis?
Is there money in esports? or is it just a meme?
>>1255374
in the future there will be money in gaming, outside of e-sports. in the future big boss companies like valve and blizzard will have their own cryptocurrency, and it will be used to purchase in-game cosmetic items, dlc packages, features etc. it will also be the only currency used to purchase the companies games, and it will be possible to play money-matches against players, where you put tokens on the line that are then paid out to the winner of a ranked match or the winning team. this will be the new era of professional gaming, and there will be serious money in it. the entire steam platform will be valve-coin in the future.
I for one, can't wait.
>>1255381
Where is your evidence that leads to such a speculation? If a company tries to enforce use of their own cryptocurrency for literally every product they sell, then the company that takes actual minted currency is going to take their place.
>>1255374
There is money, but only if you are at the highest tier of play. And even then, the money only rolls in for certain games like Dota 2/CSGO/LoL. IMO the culture surrounding the Esports scene is still in a baby stage. The tournament organizers need to grow up and start taking cheating more seriously. I completely understand that drug testing can be costly, but is it so hard to take better measures to prevent cheating at a LAN? Particularly in the CSGO scene. The players spend so much time playing or cultivating an online personality that they don't often branch out into other shit too. And there's good fucking money to be made in that other shit, but they're just not doing it.
I'm at a bit of an impasse. I graduated in December with a bachelor's in Business Administration (oops), and I haven't been able to find a full-time job, which might be due to a lack of experience:
>3 years of clerical work
>1 semester of marketing for a large theater as part of an internship
>1 semester of tax preparation
I'm in Miami and interested in either a management or marketing job, and I'm not sure of what kind of jobs or where I should be applying to. What should I do?
>tl;dr: recent grad, don't know where to look for meaningful employment
>>1255336
>bachelor's in Business Administration
>(oops)
why?
Also you fucking idiot youre supposed to entrench yourself in nepotism circles around the city through staff at your school. i thought people realized this by now that positions are achieved through nepotism and not certification
>>1255341
idk, it wasn't anything specialized, like marketing or finance.
Also,
>job opportunities
>community college
>>1255341
How do you do this? I start college full time in the fall.
