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Archived threads in /biz/ - Business & Finance - 447. page


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Hey /biz/, I am building a barter trading platform. The platform is simple enough for normies to understand and barter inefficiencies are removed using basic computer algorithms. I am planning to extend from C2C to B2C and B2B and that's where the business is going to make money. Would you use it?

https://www.youtube.com/watch?v=35dNtdlDfcQ
17 posts and 1 images submitted.
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>>1152533
this is a fucking nice video man damn. how much did it cost to make that video?

i wouldn't use it personally but that is because i'm not a normie. normies may use it.

how are you expecting to make money? ads? premium accounts? data mining?
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>>1152533
Pretty cool idea, its like tinder but for the shit you dont want anymore ;P
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>>1152533
Yes.I would totally use it.

It sounds fucking ace. Had a similar idea but never had the stones to go for it.

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All you niggaz out here always be like trades yo. So how do I into trades???.
103 posts and 6 images submitted.
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> Go to welding
> Learn to weld
> Don't be fucking retard

That's it.
6 figures starting if you're willing to put in overtime.
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Canada or US Op?
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>>1152371
yeah yeah nah

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1. What does it mean to short a stock? Does it mean short-term trading or? And what does it mean to long a stock?
2. What is leveraged trading?
36 posts and 5 images submitted.
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1 http://www.investopedia.com/terms/s/shortselling.asp
2 http://www.investopedia.com/terms/l/leverage.asp
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>>1151908
Imagine this:
You know that the stock will drop in price next month.
Current price $100/share
Price in a month $20/share
You go to a broker and borrow 1000 of that stock at current price of $100/share. You now must return those borrowed shares to that broker next month, exactly the same amount(but price can change).
So you have these 1000 and you immideately sell them to someone for $100.
You still owe broker 1000 shares. But now you have $100,000 in oyour pocket instead of shares.
Next month stock's price drops to $20/share like you predicted.
You buy 1000 of that stock at $20/share now.
You return those shares back to broker and pocket the difference.
That's shorting a stock.
>>
Shorting is a dangerous game.

When you hold, you're at risk of losing 100% of your investment with infinite gain.

When you short you're at risk of infinite loss, with a max of 100% gain.

In other words, say the share is worth $100 right now. But you .. "know" .. it will drop to $20.

So you short it.

But the stock could grow. To $200. $300. $1000.

You borrowed 1000 shares and cashed em in for $100,000. In one month you could owe $200k. $300k. $1million.

This has happened many times. There's a story from the great depression of either a steel company or a rail company who'd dropped from $2 or $3 a share to about ten cents. Investors shorted it. It bounced back to something like $100.

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Why do they keep getting away with it?
18 posts and 2 images submitted.
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>>1149169
Thats ridiculous. I believe oversupply was only 500k bb/day most of 2015
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>>1149171
Obviously it is manipulation so they can lower the price of oil and buy cheap!
>>
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>>1149176
It was a combination of this plus the fed not going to raise rates.

Looks like last year the IEA was taken over by this guy. He is from Turkey. Makes me wonder if he wanted to lower the price of oil because his country hates Iran.

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>I refuse to spend money to make money
>I play videogames
>I think that my situation is outside of my control
>I don't read books
>The stockmarket is for smart people!
>I do the bare minimum at my job
>I play videogames
>I am planning on buying an iPhone
>I'm going to major in English
>pays for digital media instead of pirating
>collects anime figures/video games/anything that depreciates in value
>Tells the truth in job interviews
>I don't research the jobmarket or the prospect careers of my major
>I look for excuses instead of solutions
>I try to find what's *wrong* with me rather than how I can overcome difficulties
>I think other people are simply more gifted than me and self-defecate
>Plays computer games
>they're never going to pay me more because they are evil so I have to accept this
>I'm over 23, I don't have to learn anymore!
>i'm poor because of the jews/west/communist
>i'm going to buy the most expensive car/house possible, I will manage the debt somehow
>thinking that buying real estate and renting it is the only viable option when it comes to personal investing
>not even trying to understand stock market and labeling it as gambling
>taking a mortgage/car loan when your net value is 0
>labeling loans as evil and always paying up front with all your saved cash
>keeping huge sums of money on checking account for years while saving for something
>I play videogaymes
>an entrepreneur is he who lives like no one else will for 10 years so he can live like no one else can for the rest of his life
>I'm following the tai lopez mba tutorial to set up my first business selling vemma sodas
>I use drugs recreationally outside of very rare social occasions
>I drink alcohol under I fall over usually
>I don't read books
>I play videogames
35 posts and 4 images submitted.
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>>1153221
You repeated yourself like 5 times in the list.

Also, some of the stuff you listed is stupid.
>pays for digital media instead of pirating
>Tells the truth in job interviews
Apparently honesty isn't a virtue in your world.
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>>1153246
>Telling the truth
>When everyone else is lying

Enjoy no job
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>>1153249
Haha. I've been employed continuously for the past 10 years, since I graduated college. And that's 5 different jobs.

Do you know why? Because I've got skills and I am a people person. I always tell the truth on job interviews.

EXPANSE GOING ON AZURE!
GET IN CHEAP WHILE YOU STILL CAN!

>https://github.com/Azure/azure-quickstart-templates/tree/master/go-expanse-on-ubuntu

>https://twitter.com/ExpanseOfficial/status/710524679178620928

>https://twitter.com/ExpanseOfficial/status/710938340502216704

>https://bitcointalk.org/index.php?topic=1173722.3200

Get in now cheap unless you enjoy being poor.
28 posts and 2 images submitted.
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>>1153208
Ugh I'll bite. Why should I hop on this pump and dump?
>>
Get RADS before it explodes.

Dirt cheap. Huge volume every day. Only about 2 million coins. This shit gon get pumped so get in before it does.
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>>1153214
where to get in

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Best way to invest $1000?
What works best for you, anon?
19 posts and 3 images submitted.
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>>1152814
three letters

E T H
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>>1152815
4 letters
S U C K A D I C K
>>
knee pads

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Majoring in accounting and finance
>accounting is boring as shit and I just cant accept being a public accountant for a few years working 80 hours for 50 k a year
>tired of telling people my major and them instantly showing a bored expression, I was told it lead to a good job you stupid linguistics major
>go to tier 2 university so I know finance is useless,
> im a junior and too late to switch degrees because I need a job and to pay off debt
>already committed to the fact that Ill go back to night school when im done to become something like a doctor or PA because thats better than getting stuck in the accounting world my whole life

>anyone actually enjoying accounting?
>I thought of just working in it for a few years then using the CPA title to bounce ship into a more profitable manager world but that sounds too vague in the first place.
24 posts and 2 images submitted.
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>>1152666
Its a lot better than entry level work so in that way im thankful.
Still I just dont think you should absolutely hate your work after investing so much time and money into getting the degree to find the better paying job
>>
>Something like a doctor

Do you seriously believe that?

>Hmm weird day today, fuck it I think I'll undertake 250k in debt and 10 years of my life studying desu. Maybe afterwards I'll become a scientist if I feel like it
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>>1152670
Well I realize that so I mentioned a PA

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if i ask donation of 1.00 usd from each of 173mils registered paypal users, how many of them will be kind enough to let go their 1 usd without any question?... can i be a millionaire just by doing this?
18 posts and 1 images submitted.
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Sure.

But ask for $10, you'll make 10x as much and $10 is still not that much compared to $1.

Source: I did this and I'm now a multimillionaire
>>
really???..hahaha
>>
i myself a bit doubtful.. but if you say you did this and now you are multi - millionaire.. just tell me, how did you that.. by what means?..how to contact all paypal users?

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What is the biggest lesson you have learned in the corporate world?
22 posts and 3 images submitted.
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Never trust a nigga
>>
>>1152476

always important but niggas don't exist in the corporate world anyway
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>>1152479
Theys niggas just in a suit and good hair

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I'm 19 with no debt and have scholarships to pay for uni. I am a mechanical engineering student. Any tips?
>pic unrelated
22 posts and 0 images submitted.
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>>1152232
>step 1: be jewish or have jewish relatives
>step 2: use your connections to get a jewish investor to invest money in your business
>step 3: ???
>step 4: Profit!
Hope this helps.
>>
Play the lottery
>>
>>1152235
not a jew, thankfully

pic related is my credit score. just found this out and was pretty happy but if i took out £300 on a card for about 4 months then paid it back at then end of those 4 months how much would it fuck it up? always paid in full i'm new to this
20 posts and 2 images submitted.
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who the fuck cares about this, seriously
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>>1152225
my future mortgage
>>
m-muh good boy points

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Any Freelancers on here?

What do you do? How did you go about getting started and finding clients?

I'm looking to get into Freelance bookkeeping and I'm wondering if it's worth it.
43 posts and 1 images submitted.
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>>1152032
I have good job for you, if you want, its a bit illegally
>>
>>1152057
?
>>
>>1152032
Do you have Bitcoin?

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hello anons

> should i buy everything with credit and control my cashflow ?

> should i ever use CREDIT function?
As Warren Buffet said, one should buy things with cash instead of credit

> am i'm fucked because i own more than 1 cc?

> should i use cc's ?

> what is the accounting indicator that i should look to identify how much can i spend using cc?

i'm a 22y economics and accounting male student

I have 2 credit cards

1 - bank1 - 500
2 - bank2 - 800

total = 1300

i wanna buy a computer, 2,5k+

how can i do that?

> should i get more credit cards?

i think i can control my accounting, since i work as an accountant and already control my personal finance
16 posts and 1 images submitted.
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>>1151994
>buying a computer for $2.5k
>on credit
Why are you even here?
>>
>>1151996

can you explain a little better?
>>
>I am an accounting and economics student
>"How do credit cards work?"

Are you studying at a community college or something? WTF

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Does anyone else pretend for social/business benefits?

Do you ever make up stories at work or try to seem more knowledgeable(or maybe even less) or to have more/less social status?

Personally I have very few friends but I read a lot and watch pop culture movies and stuff so I just make up stories.

>So anon how was your long weekend? Do anything cool?
>"Why yes Wendy, in fact I actually went downtown with some buddies and we had a wild time! [Make up some more shit that sounds believable] and that reminds me! We were doing x and then [unnecessary information to make story seem truthful] Brad got too drunk and he did [crazy/embarrassing thing]!"

This type of stuff seems to make you more socially valuable and now your coworkers look up to you and try to compare their lives to you rather than look down on you and feel (perhaps subconsciously) superior to you.

I also like to make up girlfriends I've had so that I seem more high value. Rather than telling someone I've had barely 2 gfs.


But I also do the opposite. It feels like whenever someone finds out I have extensive knowledge of a topic(s) or (modest) wealth they begin to bombard me with questions. It feels as though they either get jealous or bitter/angry because they try to always poke holes in what I succeeded at.
>Oh you did x in y time? YEAH WELL MY COUSIN DID X*2 IN Y*0.8 TIME!

At first I spent extensive time replying truthfully but now I tend to play dumb and downplay anything or feign uncertainty/doubt in my knowledge.

Just wondering if anyone does anything similar or has some interesting stories to share as to how it's noticeably benefitted them one way or the other. As well as bring the idea up since I know a lot of people on here are used to "always being right"/truthful as a side effect of *Chan.
20 posts and 3 images submitted.
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Well?
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consciously or unconsciously you're controlling your image in other people's eyes.

Be the best version of yourself. If you really want to go rampaging with friends all day do it.

If the person you want to be is 10 steps ahead and the truetrue will stop you cold, omit it.

Generally act cordial and friendly and ease people into your weirdness.

Imagine you have a choking fetish. You don't just go around, If you choke me I'll choke you. You get a little intimate and then ask/tell/confess. and that's life its a bit of a dice roll. and there's a general order of operations.

Learn to master the art of the humble brag and of subtle high value cues.

People asking for advice is a sign of Success. It automatically brings authority. Get used to it and frame it appropriately. "I'm happy to answer a few questions but this really isn't the best venue, call me at this number at this time"
People one upping you is also a social cue that you've risen in their estimation and their own position is threatened. Just fully commit. "Really, your cousin sounds great. I'd like to meet him or her. When can you introduce us b/c I always like to meet people in ζ field. Its so hard finding good people to work with."

A mentor of mine became a multimillionaire before he was 25. Now to occupy his day he teaches at the local community college to give back. He's always telling girls he lives with his parents. He omits that its his house. He drives a honda to work b/c of gas mileage but omits that he has custom built hot rods in the garage. Because the gold diggers come out fast and furious.
Money is a serious motivator and girls will act way differently.

Learn to manage your image anon and respond to these situations in productive ways that benefit yourself and those around you.
What! are you afraid you'll lose if you have more fun, sex, money, opportunity, a name for yourself.
Take Control, Say it I'm Anon the XYZ guy. I'm devoted to being great at XYZ$$$$
>>
suck dicks

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