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Archived threads in /biz/ - Business & Finance - 511. page


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https://www.kickstarter.com/
https://www.indiegogo.com/#/picks_for_you
https://www.patreon.com/

Listen you little shits, you're going to learn how to properly make money or you die.
There are many, many, many, many(40x) ways to make money. Don't limit yourself to jobs when your whole deal is to sell, not sell the products of your boss.
Almost like any video game you've ever played, never use the conventional obvious ways.(jobs) They always yield the least money.
http://runescape.wikia.com/wiki/Money_making_guide
35 posts and 5 images submitted.
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My common sense tip to dumb farmers: Stop selling the common denominator garbage which everyone already has: milk, rice, potatoes, tomatoes, beans.
Sell instead condiments for a slightly lower price and make sure you're the Nr.1 product dispenser.
Cinnamon, mint, hot pepper, etc. They never go bad unlike the usual foods.
>>
Let's talk my favourite aspect. The Internet.
http://www.ebay.com/

You can monetize anything in here. From you making videos reviews about websites or a game, writing a text review about it, to selling franchise-related merch without getting sued.
Create anime artwork of lewd chicks and get the dosh going.
Sell your random junk with a starting bid of at least 900 dollars.
Create logos, websites, allow ads, youtube, livestream.
Plenty of ways.

As for video games... as a player you can sell the in-game currency for real world money. Some chinese and american players made a total of 400.000 dollars due to RWT from some bug which wasn't fixed for 3 years.
Counter Strike Global Offensive with it's 1500 and 5000 dollar weapons.

But the things get very sweet for you when you actually own a game which you can monetize directly and easily sell the gold and rare items for real world cash. All you need are the buyers.

Cater to large fandoms and demographics with their needs. DOTA, Counter Strike, Sandbox Minecraft.
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>>1102356
Good thread op, I've been having a shit time of finding a job since I lost my last one (oil industry kek) so probably gonna give some of this a try. Gotta find some sort of income over fast food.

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Hey,

I don't mean to bother anyone, but I need some advice.
Sort of a NEET right now, but let's not get into that. I have some job prospects that are very different and I am literally tearing my hair out trying to decide what to do. What do you guys think:

1) nuclear engineering in a beach town that nets around 100k (but it is shift work and probs hard as fuck)

2) aerospace eng. for probably 60k with big company

3) aerospace eng. for probably 60k with small, unstable company and will be very stressful

Do I go with the money? I'm sort of young and i think that type of money could do some serious shit to my life (investing wise) I'm not much of a career fag and really don't know what i want to do for a career, so we can avoid the dream job talk. idk idk idk

>24 yo
>ME degree
>finally got entry lvl job prospects
>wtf nuclear?
>aerospace meh...
20 posts and 3 images submitted.
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bump bump *sweating*
>>
I'd do the nuke for a while because the money is good as fuck and that will look awesome on your resume assuming that it winds up being temporary.
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can anyone identify this book?
4 posts and 1 images submitted.
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'$5000 a week by sucking dick in an alleyway'.
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>>1108243
bump
>>
>>1108243
"How to Crop Images" by Not OP

you should get a copy

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>oil drops further and stays there
>pure nat gas energy companies go bankrupt
>remaining coal companies bankrupt
>lots of oil companies bankrupt
Is this enough to warrant the next recession?
(I assume nat gas price drops when oil does, therefore coal will remain in the shitter as well. Companies like
CHK and BTU are already practically doomed, so)
10 posts and 1 images submitted.
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>>1108052
And by warrant I mean be a catalyst for
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>>1108052
nah the price will shoot back up during the summer due to increased demand. I'm not sure why investors dont just buy a bunch of oil company stocks in the fall/winter (NovemberDecember and sell them in July/August
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>>1108065
Assuming the price doesn't go up. Imagine Saudis are full on destroy mode and nations like Iran refuse to back down

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>alarm goes off
>get ready for work
>drive to work in traffic
>spend your entire day working to realize someone else's dream
>drive home in traffic
>shitpost the rest of the night
>wake up and do it all again
>literally selling your life for a few bucks

fuck. even with good pay this shit isn't worth it. is every employee basically a financial cuck? Why haven't you started your own business yet?
32 posts and 4 images submitted.
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>>1107916
>is every employee basically a financial cuck? Why haven't you started your own business yet?

Hate to break it to you but you'll still be a cuck if you start a business, especially the first few years, and most likely forever.
>>
I don't get this mentality

I was a NEET for 6 months and it drove me absolutely insane. By 3 months in I had nothing to do and no matter what hobbies I picked up I couldn't possibly fill up the whole day

OP jobs keep people sane, now there are good jobs and bad jobs, the latter being what you're describing. There's no reason you can't find a job you enjoy with coworkers you enjoy being around.
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>>1107916
>Wake up
>5 Am
>Drive to your business
>Big chain store just opened up down the street
>They take your already minimal amount of customers
>You're barely breaking even, take home 17k a year,
>100K in debt
>Your minimum wage employees are taking home more than you
>They still bitch enough that it has to be raised
> Your company goes under
>You lose everything

But at least you're living the dream and working for yourself.

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How viable is a career in programming?

I've been teaching myself C++ and actually been having a lot of fun with it. The idea of having fun and being productive has been lost for a long time for me.
Currently enrolled for next year, gurned 18 a few months ago
undeclared major
10 posts and 1 images submitted.
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There are no jobs left in programming, sorry to say.

You're going to have to change majors if you want any sort of future. Otherwise, you may want to consider professional sports if you have any athletic proclivities. Are you at a large university? Players get recruited at those locations for professional basketball and football.
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>>1107679

It's absolutely true.
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>>1107674
Just knowing code will get you nowhere. Consider getting a Software Engineering degree. There a still a lot of jobs around and only more in the future.

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Are US savings bonds a bad idea?
27 posts and 5 images submitted.
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>>1107614
Tippity top lel. That summarizes this board perfectly.
>>
>>1107614
Not if you're looking for long-term safety. You won't get gains that even outpace inflation but it's safer than losing money. Typically a good idea if you're older and close to retirement and are highly risk adverse. Also good for kids under 18 who are going to go to college because there's tax benefits there.
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>>1107631

So putting $200 of my tax return into one isn't a terrible idea but it isn't really a good idea?

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Do eBay sellers have to honour the sale if they made a mistake in the pricing?

I bought an item on ebay for £20, the seller marked it shipped on Friday. Yesterday I get a message saying they mis priced the item and it should be £60, and they won't send it at the current price (even though marked as shipped).

I want the item at the £20 price, what's the best way to get the seller to honour the sale?
Seller is a business seller who sells a large amount of items every month, not some noob. Seller is based in the UK and so am I.
7 posts and 2 images submitted.
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Report the seller to eBay to open a case for unshipped purchase.
>>
>>1107462
>Report the seller to eBay to open a case for unshipped purchase.

Then eBay will just refund the money, I want to get the item.
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>>1107466
Try offering £40...

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You have 45 seconds, no cheating.
46 posts and 8 images submitted.
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Why do you want a pen?
>>
>>1105912
buy this pen and ill suck your cock and drain your balls
>>
>>1105915
Well.... hmmmm.... you're right, I guess I don't really need it.

>>1105923
What's this? This is extremely inappropriate, sir, I'm going to have to leave now...

>Call local branch of Capital One Bank.
>ME: "Hi, I have a cashier's check worth $44,000 that I'd like to redeem at your bank for cash."
>BANK: "Don't you think it's dangerous to walk around with that much money?"
>ME: "No."
>BANK: "Well, I'm sorry, we can't do that."
>ME: "Why not?"
>BANK: "Because we don't have that much cash here."
>ME: "One of your colleagues, whom I spoke to last week, told me you'd be able to if I gave you advance notice and requested the funds be available."
>BANK: "I'm sorry; you'd have to open an account, and we'd have to let the check clear, and see how it goes from there."
>ME: "The cashier's check in question was written by your bank: Capital One."
>BANK: "I'm sorry, you'll still have to open an account."
>ME: "Alright, I'll open an account. Once the account is opened, will there be a problem with me immediately closing the account out and taking the money as cash?"
>BANK: "...no --"
>ME: "So, you're telling me that you *do*, in fact, have the cash on hand, right now?"
>BANK: "...yes --"
>ME: "Thank you; I'll be right over." *click*

Actually, the last three or four lines were more along the lines of "that's fine, but we don't carry that much cash at our branch normally, and will have to make arrangements to have that much on-hand in advance."

Anyway, what the FUCK is up with that? I have a CASHIER'S CHECK made out to ME for $44k; why the HELL can I not just waltz into a Capital One bank branch and trade it in for a nice bag of cash?! IT'S MY MONEY AND I WANT IT NOW! Are banks just greedy fucks who'll do anything to keep your money, or are they really that cash poor? Why can't I just get the fucking money, /biz/?
39 posts and 3 images submitted.
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>>1105895
Because negative interest rates are going to be the new hotness, the banks figuring most people have converted to all digital they will be powerless to stop it. Also, in most monetary systems today, only a few percent of the money is in paper form. People are already starting to horde it, maybe have been for a few years now, who really knows?
>>
Where can I subscribe

To you blog that is
>>
>>1105895
So did you get your money?
Im really curious. Could i just walk into my bank here in Aus and withdraw all my money? is that allowed?
talking 70k+, I was under the impression you could only get 10k out.

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Why couldnt banks keep loaning money to fuel consumption? Was it because they had nothing left in their settlement accounts so they weren't allowed to loan anymore (In america theres a minimum settlement account balance by law I think?).

If so, wouldn't it be easy to predict the crisis? You just look at the banks and see how much more they can lend? Or was it because of the CDO's that confused people into thinking they were in top shape as their assets were over-stated (mainly CDO's)?

I just want someone to explain to me fully why it even started
66 posts and 5 images submitted.
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Then big short
>>
Inside job
>>
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Read Veblens "The use of loan credit in modern business" from 1903 -- it describes credit fueled cycles pretty good:

https://archive.org/details/useofloancrediti00veblrich

(a) an extension of loan credit beyond that involved in the transference of productive goods from their owners to more competent users is unavoidable under the regime of competitive business ; (b) such a use of credit does not add to the aggregate of industrially productive equipment nor increase its material output of product, and therefore it does not add materially to the aggregate gross earnings obtained by the body of business-men engaged in industry, as counted in terms of material wealth or of permanent values; (c) it diminishes the aggregate net profits obtained by the business-men engaged in industry as counted in such terms, in that it requires them to pay interest, to creditors outside the industrial process proper, on funds which, taken as an aggregate, represent no productive goods and have no aggregate productive effect; (d) there results an overrating of the aggregate capital engaged in industry, compared with the value of the industrial equipment at the starting-point, by approximately the amount of the aggregate deposits and loans on collateral; (e) the overrating swells the business capital, thereby raises the valuation of collateral, and gives rise to a further extension of credit, with further results of a like nature;...

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Small, startup, big, struggling, profitable etc.
Doesn't matter. If you own a business of any kind, you're welcome.

Self-employed trades, marketing/advertising, questions, nightmare stories, and related success stories.

Question of the thread: What is your end goal, and why?
117 posts and 9 images submitted.
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I'll post my own story for now.
I've worked and finally found a supplier for a product. My current plan is to buy it, slap my own brand on it, and sell it for a higher price.
I've made the site, bought the domain, done all the graphical work, negotiated rates, made some people spread the word for free, and so on.
Everything is in place already. Literally all that remains is:
>Registering the business officially
>Launch site (1 click away)
>Launch ad campaigns and find out what sticks.

So I'm pretty excited to be honest. The budget is pretty low for what it is, so if it fails I'll just stand here with some experience and a set back for a bit economically.
>>
>need general liability insurance for security company
>ok
>get it
>$1700, Not bad at all ok
>1 month passes and no invoice
>suddenly mailed invoice
>Payable on mail date or something like that otherwise you get 2% interest
>uhh thanks

The fuck man.
>>
I sell collectibles online and at conventions. My end goal is to fund an action figure made in the US. Because A) I'm tired of everybody making the same 10 toys over and over and over and B) I'm tired of everybody crying about not being able to do anything in the US.

How stingy is the IRS? I'm not used to paying taxes, and this is my first year I have made some serious cash. Stock and bond gains are easy enough, but here are some examples of things I am not sure if I should report:

>Get $1000 in birthday money
>Get $20 in birthday money
>Watch friend's dog for a week, obtain $60
>Sell $20 gift card for $18
>Find 5 dollar bill on the sidewalk
12 posts and 5 images submitted.
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No to all those things.
>>
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>>1108087
>reporting under the table cash earnings

don't do this
>>
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>serious cash
>$1,103

jej

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I have these discussions with my friends. They all say that suit is not necessary anymore.
I say that it definitely helps getting you the job, especially when you're highly educated and applying for some corporate job.

Opinions? Do you wear a suit?
23 posts and 1 images submitted.
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>>1107604
yea wear a suit
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>>1107604
Depends on corporate culture.
Wearing a suit while applying for a Software Enginner or a programmer to Google is probably a bad idea. While wearing a suit when applying to companies with more serious atmosphere is really important.
>>
>>1107604
They might ask you why do you wear the suit and they might tell you you're a big guy

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Whether you invest or speculate, everyone uses some notion of risk.We like to choose our risk.

But when someone buys an all stock portfolio, they could reduce risk (in the Markowitz/modern portfolio theory sense (so volatility of the market value might be used)) by buying bonds or holding more cash, possibly at the expense of growth. You could use the 'fundamentals' notion of risk, in a Ben Graham sense, where you take debt into account etc)

Or they could take on a bit more risk with leverage. Or people could use derivatives to change risk or speculate.

What do people here do? Do you buy stocks and assume whatever risk is associated? Do you use bonds/cash/derivatives/leverage? I'm interested in what you do.

I ask because I understand the theory of derivatives, some of the mathematics of risk and would like to maybe use them.
5 posts and 3 images submitted.
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I'll leave this here. Semi related, just found it today.

http://ozstock.blogspot.com.au/2008/11/fundamental-analysis-ratios-formula.html
>>
>>1107081
Yeah, they're fundamentals.

What do you use to manage your risk?
>>
https://www.youtube.com/watch?v=oQqONI2k5wM

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