Starting out in the stock market and investing tips and recommended entry to the stock market.
>>1372139
30 year Japanese bonds
In the turbulent, modern economy, you'll want aggressive returns quickly. For that there's only one option
30 year Japanese bonds
>>1372162
I DISSAGREE! jap bonts have extremely high return rates and there for must be a scam. Burn the money as that is most sure fire way to profit
Have 3.2k going into college next year. What should I do with the money? I'm thinking of investing it or just putting it in a savings account, but idk. Will probably work during the school year too.
I have a meal plan, which is 20 meals or so a week. Oh and my college is payed for, so no worries about denbts.
>>1372096
Don't invest it, you will have to use that 3k for things like travel expenses, food, textbooks, extra curricular etc.
If you are set on investing, just dump like 2k in to a market wide fund or something and don't think of it ever again.
>>1372101
Textbooks are paid for as well, but yeah I can see those other things. What is an example of a market wide fund? Like the S&P?
>>1372101
this, keep it in savings, you never know when you might need it. 3k is nothing
Started a new job recently. Boss told me the wage would be 15$/h, but got my first check today and it's actually 11.25$/h (minimum wage here). Naturally I'm pissed as I've already clocked 100h+ and I thought I'd be getting a lot more than this. Can I do anything if he refuses to change to my wage to what he promised?
In Canada, btw
>>1372086
Go to college and get a career
>>1372086
I'm not sure about Canada specifically but I know in the US that's incredibly illegal and you could sue him for the lost wages
>>1372087
I am in college, it's summer. Sorry if I missed your epic meme, first time on this board
Alright, /biz/. You guys are smart and think outside the box and I'm kinda losing it. I'm having a really bad time. My finances have fallen apart in the last few weeks. I lost my job last friday and have a $378 traffic citation to pay on the 16th. I had the money...but another stroke of bad luck hit me two days ago when my 3 month old kitten's leg got crushed in my front door. After a $700 vet bill...I have next to no money left. I have no family to ask either. I wouldn't mind letting the ticket go unpaid and taking the jail time but my kitten won't have anyone to take care of her. The only thing of value I have is my ps4 which is posted on Craigslist for $325, but no one is biting. I dont know what to do, guys. What are my options? Advice appreciated.
>>1371968
Don't put yourself in charge of a life for selfish reasons if you have less than a thousand dollars in the bank.
>>1371968
This sounds like a parody of what's going on with Deutsche Bank right now
>>1371968
>Own pet
>Can't afford for self
You already fucked up
Eat the cat and save a few trips to the grocery store.
> You will never be the CEO of one of the most powerful finance firms of the world, and be worth $1billion
Why even live guys?
>>1371967
at least im not a jew
>>1372005
I'm Jewish and I'd rather be rich, Jewish and powerful then poor, Christian, and homeless.
>>1371967
try r9k
Please tell me it can't be this fucking easy
>>Remember when oil was like at $19
>>Buy a shit load of oil
>>Realize it is now at $46
>>Sell
>>??
>>Profit
What is the catch?
>>1371953
Yep, you literally need to be a moron to be poor. Curious thing is that most people are. Now, advanced question: what can you buy now for cheap that you could sell for a big profit in 6 months? (Tip: it was expensive, now its cheap, and it will be more expensive then its now in some time)
>>1371958
Oil?
>>1371958
I literally cannot believe it is this fucking easy you have got to be kidding me
Now that going to college is the new norm, are skilled trades a viable option to make money given you start your own business or do contract work? We essentially have over educated and underskilled workforce.
https://hbr.org/2014/08/employers-arent-just-whining-the-skills-gap-is-real/
>>1371948
It depends entirely on the trade. Is 30 dollars an hour worth being in an attic all day or dying from welder's lung at 35? Then you have the problem that many trades aren't growing. Obviously all of them aren't bad and everyone has their own tolerances, but quite a few trades are works of passion unlike whatever the fuck it is drones do in an office/factory/field.
>>1371948
Listen I want to dispel this fucking myth... I have a college degree and I have worked in a trade. Working in a trade FUCKING SUCKS. It is dirty dangerous and underpaid.
It is far better to work in an air conditioned office pushing paper than be surround by idiots (trades attract literally lowlife idiotic scum). You will be tired and worn out after a long fucking day. It is not so great. Go to college just don't study some liberal art. Get a useful skill based career like in medicine or accounting or engineering. Avoid the trades they are fucking terrible....
The only alternative is to work for the union but that is completely corrupt and not as good as it once was.
>>1371948
> going to college is the new norm
> We essentially have over educated and underskilled workforce.
I went back to school for a CS degree.
I talked to CS seniors, who tended to be in the top half of the class. NONE of them knew what software version control was.
If you're interested in computers, and you go to school for CS, and you work as hard or harder than the top 5% hardest working people in your class, and you do projects and study stuff outside of class - you will be successful.
One kid I talked to didn't study for CS quizzes. He said "I can pass the class without studying for quizzes, they're only 10% of the grade". This was his fucking major. The point is to learn it. And if you're not going to learn it as a kid, spending 100% of your time going to school with no responsibilities, you will never learn it. I was studying like crazy while also running a small business while also doing outside studying and projects.
Then there's the kids who don't even take real courses with job opportunities like CS, they take art and music and shit.
The smart kids with initiative I knew all got jobs. But they worked hard and had initiative. No one is going to hand you a great job just because you got a diploma in 2016.
Having a BSCS like this is way, way better than having an HVAC certificate or some shit like that.
Almost all upper middle class men have a college degree.
I'm stuck in QA Hell in the Midwest. I started applying a few places in Seattle to be closer to the family. I just got the first ping back.
What's the standard for references in Seattle tech? I have four - three from a previous position and one at my current. (We have 0 support, and I'm one of two engineers.)
Should I expect something like the "Seattle No" if they're not interested? At this point, I'm assuming "we're proceeding with other candidates" as the default.
>>1371883
Polite bump. I'm a stranger in a strange land here.
>>1371883
Bumping, because /g/ was helpful, but this may be a broader question. Does anyone have experience in recruitment in Seattle?
I used to work there and have friends who work at Google and Facebook there. It depends on your experience and where you're applying.
hey /biz/
I should have around $10,000 in savings by the end of September this year. If all goes well, and life doesn't happen, by January of 2017 I should have an extra $5,000 to play with.
Any tips and tricks for penny stocks? Or should I steer clear of them and play in the stock market? What's the best way to invest my money?
>inb4 401k
fuck that shit.
Any good books that you guys recommend for beginners?
>>1371882
Use it all to short 2 year t bills.
long Btc, sell when it hits 665 cause that's resistance right now. When it breaks that in the next couple of weeks at 670, long again. You can literally just keep long and shorting between 640 and 664 right now and make bank.
Short ETH in a week or so or whenever the time limit is up for the DAO hacker decision
https://whaleclub.co/join/CiCCMS
Do it there cause the spreads are good right now and probably the most straight forward exchange when it comes to leverage trading.
>>1371886
What are t bills? I'm sorry, I know almost nothing about investing. You might as well assume you're talking to a retard.
Should I continue to put money into PRWCX? I currently only have $1500 in it.
I am a young guy and I'm not trying to get rich quick. I just need a better place to store my money than a bank account.
>>1371812
>buy DRD
>7-10% daily gains
Memes are the way to go.
>>1371832
I'm not enough of a Wolf of Wall Street for that kind of thing.
>Expense ratio: 0.70%
Sell out of that shit and just buy VTI.
How realsitic is making $1,000,000 (One Million) a year from a business? I'm crunching my numbers now and to be honest it looks like i'll be lucky to break 50k - 75k a year with the business I'm starting, give or take.
>feelbadman.jpg
>>1371725
explain your business and I'll tell you if you're fucked
>>1371725
Expand it or make more businesses.
What are you sellin OP?
>>1371725
Very if you star of with 2mln budget
I've just started investing, been throwing around £1000 per month into stocks since January. I went for long term, stable dividend paying stocks - pic related
If I keep throwing money into these companies, will this be fine? Or would I be much better off investing in other means? I'm pretty much a complete beginner
>>1371666
so you just showing off?
>>1371672
I'm trying to get advice on whether I should just keep investing into these 'safe' stocks, or whether I should be investing in other means for gains
>>1371680
http://seekingalpha.com/article/3984514-high-dividend-investing-winners-losers-opportunities-following-brexit-vote
>look i posted it again!!!
Fastest growing region in the United States, Go!
>>1371646
car insurance
as cars get safer, payouts lesson
and every driver is legally obligated 2 pay car insurance .
I meant geographic location
>>1371652
Any booming hipster town. I've heard Fayetteville, Arkansas has grown quite a bit in the past couple years in population and real estate has started to go up. I believe it's where the Walmart HQ is located as well.
I'd personally never want to live there though.
It's over, cut your losses. Congratulations to those with the foresight to short.
Nice miniscule thumbnail, bro...
>>1371619
The picture is as small as BTC's future
>>1371619
>125x32
Hi /biz/, anyone else having shit social communication at work due to being the youngest person there?
I'm 10years younger than my all of my colleagues and way too direct in my communication (90% of everything I say is work-related and it sometimes pisses people off.) I'm one of those 'no fun allowed at work' people I guess..
How the fuck can I fix this? Any reading-material etc? I already tried asking them for their holidayplans & their children, but after that they just shut down (they literally never ask me things about my personal life).
inb4 dale carnegie.
In a similar position, but my situation is almost completely different from yours. I'm about 7-10 years younger than most of my colleagues, and I only ever say hi, bye, or something work related.
They'd make half assed attempts to make conversation so in return I'd give them a half assed response. Truth be told, I don't like talking about my private life with my colleagues.
You kind of remind me of a co worker of mine. Are you sure you're not just socially awkward?
>>1371542
> Are you sure you're not just socially awkward?
I am socially awkward, but I'm also only work-focused, which seems to piss off some people. My boss likes that I work hard without bullshitting, but I'm not making any friends with it.
There's nothing wrong with being a "boring person". There's no reason to waste your time talking about last night's baseball game or someone's kid's piano recital. If others are pissed off that you are focused on work, then they are the ones being unprofessional.
