Archived threads in /biz/ - Business & Finance - 523. page
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Hey guys I work for a small company of a dozen or so people. CEO works on site. I want to ask for a promotion to a new title and a raise with it. There is no official HR here, do I ask the ceo direct or the production manager directly above me.
Manager directly above you
hey I'm a mechanical Engineer who's looking to go into investment banking in Toronto area.
Is anyone here in a similar situation, who was able to successfully switch?
I graduated in December, and have been working in the auto industry since June. I know some programming in Matlab, and C++, but I don't have any finance background.
Question is, is it possible? would it help get noticed if I took some courses in finance through edX, and got my CFA?
>>1104543
op what automaker are you working for?
I work for a t1 supplier and am planning on going back to school for a Mech E degree and hopefully get on at the manufacturer
>>1104548
I'm at a T1 supplier as well. one of the big 3 is the dream if investment banking doesn't work out. Are you in Michigan?
>>1104543
its a lot harder to switch than people will tell you, not only is landing an ib job as a non finance/eco major very challenging, but having it not be your first job out of school is even more so. ibs hire out of school, and they hire out of internships. both of which you already missed the deadlines on.
there are so many fucking people who think they can just walk into ib with a random stem degree it blows my mind, you watched too many movies
How important is it to write a business plan BEFORE you start your business?
I'm thinking of starting my own fabrication business, but am wondering whether I should write a business plan straight away or see whether I can get some customers first?
It depends on how much you intend to invest in it, also time-wise.
If it's just a couple hundred dollars that you dont mind losing you can do what you want. But if you have to set uo a business, get a loan and and so on you should consider and overthink the situation carefully. So there are no surprising that you havent considered. It's mostly a tool to aid you, but also a means to sell your business to others.
Okay /biz/, I'm looking to get into aircraft leasing, so I need to learn financial modelling.
I did some finance modules in college (like a retard, I chose to do a business masters), but not modelling.
I'm breddy damn good with excel thanks to my current job, and also have a decent amount of python and sql, so should be able to handle a basic analyst job there from the sound of it, with the exception of financial modelling.
Where should I start with learning this? Any advice from banking/leasing people?
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>>1104459
What do you want to model exactly?
>>1104491
Basically preparing shit like models for transactions, including valuations, cashflows, debt, maintenance costs, etc.
>>1104510
I'm sure you could find a textbook on that stuff, I'm sure there's some course materials floating around too. Tried some google?
What is the cheapest and safest way to begin stock trading?
I work part time and minimum wage, so I would be starting out with like $500 to play around with, just as a hobby mostly.
Save for 30 years and then try again.
>>1104399
Cheapest and easiest way to start trading stocks?
-Google online brokers and compare.
-Pick the cheapest one and sign up.
-Transfer funds from your bank account to the brokerage house.
-Research a stock you think might go up.
-Buy that stock.
-???????
-Profit.
Newfag here
I started working for a company known as Amway the specializes in face to face contacting in order to grow. you basically talk to people in order to build your team. Any advice on how to convince people to join
pic is logo of company
>>1104256
>hi guys, pls help with my pyramid scheme
not advice but okay
>He fell for the get rich quick meme
Tried makig this in /adv but no help there.
Thinking about being a personal trainer.
Should I go to college in kinesiology or a different major or not at all ? BA/AS? Would the extra money be worth it?
Should I get certified right out of high school and try to get a job at a local gym(while going to college/not going to college, depending)?
Btw, GPA is 2.4 as 18y/o junior who hasn't taken ACT/SAT yet.
I guess I could drop out, get GED and get certified but that seems way risky down the road.
You are an idiot.
>hasn't taken the SATs at LEAST once by the spring of junior year
>2.4 GPA in high school of all places
>incapable of Googline "how do I become a personal trainer"
>thinks dropping out would be a good idea
Get the fuck out of here and get your grades up before you even think of a future career. With a 2.4, no college is ever going to accept you.
>>1104162
>"Hi, I'm fucking retarded"
You're already qualified to be a personal trainer. Probably over qualified tbqh. Seriously
What stocks are you swing trading?
Success stories?
Horror stories?
Strategies?
Time frames?
ITT discuss swing trading
>be me
>11 yo
>tough as fk
>control all the swings
>u wanna swing?
>better go through me first
>some bitch, probly 10yo, asks if she can use the swing
>i say that she can, if she trades me 1 chocolate bar
>i was fat (kinda irrelavant but w.e)
>she gives me the...
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Is swing trading literally just trying to time the market? What tools do people use for it?
>>1104092
Recently: Biogen, Regeneron, Intercept Pharma and Amazon.
5s bars.
My average trade lasts about 45 seconds.
It would be more appropriate to call what I'm doing Scalping than swing trading.
Hey /biz/.
So, I'm looking to hold some gold, silver or whatever bars for the sake of diversification, although I think commodities has a lot further downside pressure to come, hence I'm heavily invested in equities ETF.
What/Where to buy ? Where to stock a 1 oz bar ? Collect coins ?
Not searching to make a quick profit, just long term holdings, even if gold depreciates.
>>1103744
Ive been looking into this myself. I would go to your local coin/bullion dealer and ask roughly what their buyback prices are for various types of metals. I was just gonna buy bars/rounds since they're cheaper, but you also get back less when you sell them. The gold eagles/silver eagles are a bit more expensive, but dealers will usually give you at least a small amount over spot price for them, while you might get less than spot for rounds/bars. I haven't bought any yet, but making sure you have a proper...
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>>1103746
I see it more as a trophy. Holding a valuable asset, others than seeing numbers on a screen when you check your vanguard account, so selling on APMEX is not a goal for me.
Which brand corresponds to gold/silver eagles ?
>>1103748
I was looking to mainly hold long term too, but you never know when you might need the money, or if it looks like gold gets way overbought you might want to sell.
Gold or Silver eagles are minted by the us gov and are technically currency with a face value, although the value is nowhere near the metal value so no one really cares, but they are more "official" and popular, and people tend to trust them more. Not sure if you really care about all that, but the buy/sell spread on the eagles i think is slightly smaller than on generic bars/rounds- but that all depends on where you sell them. you will get over spot price when you sell eagles, at any reputable dealer, not sure if you'd get spot, or slightly less, if selling bars/rounds. But if you wanted to just hold forever and look at how pretty they are, some nice gold bars would be pretty good, and slightly cheaper.
I had an idea to make a "fit" Jenny Craig/meal prep service. Turns out that there's similar services but they're like $10 - $20 a meal.
What's your advice? Even though there's a few companies doing this already, I wanna see if I can offer better food cheaper/fresher/faster, etc.
What do you guys think? It's better than trying to do stupid ass surveys online and if anything I can get experience at the very least. I'm not trying to put up any money up front unless I'm pretty confident it can work.
>>1103612
too many regulations to make food
better to partner with an established restaurant for this type of thing
I thought the same thing. At first I figured I'd make the food from home and just send it out to people. But then there's a million problems with that. I thought the same thing actually.
I'm sure bringing in more business to people wouldn't be a bad thing either.
