Archived threads in /biz/ - Business & Finance - 465. page
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I mean...
>>1138707
R/bitcoin r/btc and r/bitcoinmarkets on suicide watch
Beware.
>>1138714
Beware what? Wealth?
Ethereum just passed 1 billion market cap.
Homestead is releasing in 3 days.
Bitfinex is adding ETH in 3 days.
Lots more good news will follow.
Hey /biz/, I was wondering, if investing in metals is good and which is the best. I'm considering silver and copper since they are affordable and seem good to me.
they're a good hedge if you think the economy is going to crash
but they don't produce anything so they're not really a growth vehicle
>>1137849
no and it never has been.
>>1137873
/thead
Hello /biz
i read alot about investment banking i think you can make alot of money with this profession.
Though now i am only 18 years old and almost ready to go to a university.
my question is what is the best education for this, what kind of direction do i have to go.
Computer science, statistics, math. Investing and trading is quickly becoming automated. Everywhere, institutions are building algorithms to do the work, predict market moves, interpret and react to news and political events, as well as trading in the high frequency mode.
>>1137272
Meanwhile our biology and intellectual pursuits are getting weaker as the years pass.
>>1137260
>alot
forget about it
Redpill me on the gold standard
It hasn't been around for a century
I rate it a strong buy
>>1137026
top kek, dont shit post. Its worthless since it been taken off the gold standard
>>1137026
all it means is that own paper money isnt actually back by physical gold that the USA treasury holds. It was a way to artificially boost the economy.
For example: "silver US coins" used to contain actual siver, like 90%. If you ever find a $.50-.05 coins they are worth much more. I think a .50 cent goes for around $4-6 at the moment. To rare to find nowadays.
Why pay $165k for an MBA when I can learn everything about finance for free from Martin Shkreli?
Introduction to Investing and Finance - Lesson 1 by Martin Shkreli: https://www.youtube.com/watch?v=ARrNYyJEnFI
2. https://www.youtube.com/watch?v=6rgGgCkEokU
3. https://www.youtube.com/watch?v=F9D2704NolU
4. https://www.youtube.com/watch?v=TRXqVOrdsz0
5. https://www.youtube.com/watch?v=unI4MbTY1lY
6. https://www.youtube.com/watch?v=_8iWlaA_uVg
7. https://www.youtube.com/watch?v=KGZHZ_l8Kpc
Youtube videos don't help you make any real world connections or networking.
>>1137003
Good point, but once you learn enough and can show that you can trade well, having connections is irrelevant (Although great).
Trading without a lot of capital, and showing that you can make a profit is quite hard.
Thanks bro.
Downloading all the videos right now(on video 2 but they're in queue)
They're p big. Each one 1gb+ in size.
If they ever go down I can reuplosd them... Actually with my upload speeds maybe not but thanks anyway!
I can pick anyone of these
-Civil Engineering
-Accounting and Finance
-Accounting and Maths
-Pure Accounting
Which one will gives me dats them most cash senpai
dunno, but will bump
>>1141106
Thanks m80. I know that STEM is supposed to be the best, but what if that's just a meme
>>1141055
Civil Engineering is hard
Accounting and Finance is hard and boring
Accounting and maths is hard and hard
Pure accounting is boring
ALL MEN ON DECK, PUMP HAS BEGUN!
(yes it's another ETH thread)
>>1140727
(nothing happens)
Nice try
>>1140728
It's happening dude.
Learn to read charts
>>1140731
Checked the chart again. Nothing happening.
The anti-cash agenda continues, and now Obama just showed how scared shitless they are that people start using Bitcoin to circunvent the future dystopian society we are approaching where their electronic-only fiat will be 100% controlled, closed source, centralized, and full of NSA backdoors.
https://www.youtube.com/watch?v=fV8ScIImSCo
Here's the confirmation of how in 10 years there will be no cash
https://www.youtube.com/watch?v=JwkC8WaN5T4&t=30m14s
Look how excited Lagarde is at the thought of a cashless society.
Now, think. Imagine the...
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>>1140384
I didn't know there was a difference between Shitcoins and BTC. I still don't know one.
umm like the billionaire rothchilds of the world wont use their money and influence to take over your silly bitcoin. the rulers of the planet probably already have their greedy paws into it.
all they need to do is pull those strings.
you will be watched.
>>1140389
btc - first decentralized digital currency, even though it went through a few financial bumps, ups and downs, technical crysis(the one a few weeks ago with tiny transaction ddos attacks), its still around the block and used, for sure it has a long term future no matter what
shitcoins - herp derp we fixed some groundshaking problems bitcoin had, we btc 2.0 basically - ethereum, litecoin, maid, peercoin(to name a few)
![calif-sucks[1].jpg](https://i.imgur.com/Vw9PkEX.jpg "calif-sucks[1].jpg")
I'm becoming disillusioned with los angeles and the oc and southern cali as a whole. Everything is expensive and I can't imagine how anyone can afford anything. I just want to live a frugal life (thanks moneymustache and jlcollins) but the numbers just don't add up correctly here. If I move to texas will thinks be easier as a whole? (I'm working to become journeyman electrician with two years experience so far, so not some crybaby not willing to earn my share).
> Everything is expensive and I can't imagine how anyone can afford anything
The short answer are real estate moguls, or recent Chinese plutocrats driving the cost of everything up. I know that feel bro, though. Sometimes I just want to drive to Ontario Airport, book a flight to Texas or any Midwestern state and just see how it is there.
Is Salinas as shit tier as people say?
Will I get killed when I go there?
>>1139858
Yes it is. And yes you will.
I've been driving a beater car for a while. But it's now at the point where it's costing me way too much in repairs to be feasible going forward. Problem is I'm a Starbucks wagecuck and barely make enough to pay my bills. I wouldn't be able to make monthly payments if I signed a lease. Drained my savings by moving out of my mom's house.
How the fug can I get a new car?
buy a civic for $500, scrap your car. I hate civics but they're extremely reliable if you find a decent one someones just trying to get rid of
also:
I don't pay for any subscription services. I don't have any debt. I don't have a smartphone, I use the cheapest possible flip phone. Mum is paying for my car insurance. I literally do not spend any money I make at all on anything except bills.
>>1139787
Monthly income and monthly expenses, itemized. Spit it out, OP
I need to get a finance job in Chicago in the next few months biz. Any advice for this? Can someone hook me up here?
>msf from the shittier end of top 20 graduate B schools
>taking level 2 of CFA in June
>currently am in corporate finance at a big manufacturing company in a city 4-5 hrs away (good exp working for senior mgmt but I'm done with this)
>>1139668
Under no circumstances do you want to live west of Western Avenue or south of Pershing. Live in Bridgeport if you want to save money Ukrainian Village/Wicker park if you don't care to.
If you clean out the snow from a street parking spot you should mark it as your own by putting lawn chairs in the spot when you go to work.
The gay district is called boys town and it's located around 3200 N. Halsted. Fag.
>currently am in corporate finance at a big manufacturing company
>(good exp working for senior mgmt
what's your definition of Senior Mgmt? If you're rubbing elbows with CFO / CEO already then stay there in investor relations until you make contacts
assuming you want some kind of financial services. You get new job offers from people you know by working with them and you have the position to do that.
firms do massive layoffs all the time and you're competing with others with CFA charters...
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>>1139724
That is my definition of senior mgmt but fuck this. Investor relations is nothing it's a private business. There isn't really working with anyone outside the company so that isn't an option.
This is not constructive advice I need to know how to get a job.
>>1139720
I am not planning on living in a shithole and I am open to the burbs.
Has 4chan ever successfully pulled an pump and dump?
Dude look around. Where have you been for the past month?
Successfully?
If you were "successful" would you be on 4chan?
>>1139617
successfully. I've been around trying to do the ethical thing, but the time has come.
>there are people on this board right now who consider themselves "educated" because they went to a degree mill, racked up thousands of dollars in debt just to have a piece of paper that says theyre smart.
>>1139551
how's high school?
>>1139551
well, that is the definition of educated.
maybe if you used 'intelligent' instead, you'd have a point... unfortunately it seems you're neither educated or intelligent.
>>1139557
>ramen noodle, college kid detected.
Enjoy poverty
in about 4 hours there will be a 20k $ buy on polonex for litecoins
Litecoin needs more than 20k.
>>1139482
20k is literally nothing.
I just threw 90k into ETH a few weeks ago, and didn't hop on 4chan to announce it.
>>1139518
Yeah, you just did.
Would you prefer a house or an apartment?
In my humble opinion, an apartment in the city center is much better investment than a house in a shitty remote neighborhood.
>>1139374
Those old eastern european houses look comfy as fuck.
>>1139374
Sure, unless you happen to buy an apartment next to a borderline retarded neighbor whose favorite things in life are loud bassy music and parties at all hours of the day and week. Oh, and his only mode of communication is shouting. That's my experience with an apartment so far.
>>1139374
In terms of an investment, a house is a far better investment, as you're buying more land.
An apartment in a multi-level building is a terrible investment. Price doesn't go up very fast, and you're stuck paying fees forever.
