Sooo... Alibaba... which is a competitor for amazon, is likely going to buy out GRPN.... they just bought 33 million shares. I'm a small investor.. only have about 1500 shares in the company. Just thought i'd let everyone know might be some money to be made here, I got in today around 3.50.... thoughts ?
http://finance.yahoo.com/q?s=GRPN
Neat
Thoughts anyone? Small investor here, not giving financial advice etc. But highly likely big money hopefully. I'm a peasant lol. Research is showing good things though, earlier news said, Alibaba wants to buy them, then 33 million shares purchased ? Any experienced stock investors or day traders in here?
Lol how the fuck is alibaba a competitor for amazon
Have you guys heard of Nortel Networks? This stock looks like it has serious potential. It once made up 70% of Canada's stock market value and is getting major hype and news coverage in right now.
>>1100104
I see what you did there....
>>1100104
thanks, anon. this is a fucking brilliant stock pick. rarely does one witness such moments of serendipity!
I'm going long on this so am buying HIGH and selling LOW
>>1100104
Can I trade my ETH and Bombardier stock for it?
Why should I invest in stocks when I can just invest in real estate all over the world?
Why not?
>>1099965
> fell for the real world meme instead of buying eth
Top cuck.
>>1099965
Real estate generally has time and financial costs of doing business. Fixing shit, maintaining shit, meeting with real estate companies or potential renters, things like that.
Stocks you check up on now and again, but that's it (assuming you're a long term investor, and not a meme day trader).
So I have a trust fund and I want access to it, what do?
>>1099615
Are you just an income beneficiary? Is it an irrevocable trust your parents set up? If you are just an income beneficiary you may be able to set up a credit card under the name of the trust and spend away.
This is assuming US is the country.
>buy thermometers
>put them in freezer
>mercury shrinks to tiny little balls
>put it in your parents' coffee
>wait
Be smart and pay in cash. Be smart and drive 2h away to shop. Be smart and don't buy multiple at once.
>>1099651
>irrevocable
it might be, I know very little and I know that isn't helpful
By pouring continuous data about stocks into bars and barbershops, kitchens and cafés, taxicabs and truck stops, financial websites and financial TV turned the stock market into a nonstop nazional video game. The public felt more knowledgeable about the markets than ever before. Unfortunately, while people were drowning in data, knowledge was nowhere to be found. Stocks became entirely decoupled from the companies that had issued them—pure abstractions, just blips moving across a TV or computer screen. If the blips were moving up, nothing else mattered
>>1099324
I'd argue that the advent of low-cost brokerages and in particular online brokerages is equally to blame.
It used to be that getting into the markets required that you hired a stockbroker, a respected professional who from a reputation standpoint was on par with doctors, lawyers, and accountants. And while the financial merits of stockbrokers and their fees can be debated, there's no question that they served as gatekeepers and failsafes to prevent people from getting into stocks who had no business getting into stocks.
Then stockbrokers started marketing to the masses. First as scams, and later as legitimate "low cost" brokerages. Stocks for the people became a popular selling point, and every moron with a phone could have their own brokerage account -- and none of the advice or restraint that would have come from a professional broker.
Theory: Do-it-yourself stock picking started (or at least massively magnified) the wealth gap in America.
Finally, we come to the current age and current generation, who "play" stocks on their phones like it's Flappy Bird. As OP said, stock have become completely decoupled from the companies that issue them. They're just notifications on a phone screen.
Fortunately, indexing arrived on the scene not long after brokerages opened their doors to main street. John Bogle created a way to democratize the the markets while minimizing the side effects.
Ironically enough, I doubt he realized at the time what studies would later prove: he'd discovered the most efficient, most optimal way to invest for the long-term player.
Interesting stuff OP. Thanks for the post.
>>1099324
> le everyone is stupid except me meme
This is true try to make money out of it faggot.
>>1099324
t. Benjamin Graham
Air Canada AC.TO $7.39 down -12% from yesterday.
Any thoughts on what it will do tommorow?
It will definitely go down! Unless it goes up
>>1098943
It will definitely go up! Unless it goes down
It will go neither up nor down
Just trying something out. Ignore this shit.
>>1098408
Is this picture a video game logo?
>>1098408
Nice try, Illuminati Saturn-worshipper
>>1098408
NO I WILL NOT IGNORE
WHAT ARE YOU DOING AND WHY
WHO ARE YOU MAN
WHO ARE YOU?
Which companies stand to make the most from VR?
Seems like its gonna do well in the next few years. Buying shares in a company that stands to make money on vr seems like a good idea.
>>1097902
Sony or Facebook.
>>1097917
Get the impression Fb has had its day, it will be around for maybe 5 years more then get replaced.
Sony, I haven't heard anything about so don't really know.
>>1098172
Well youre feelings are irrelevant to commerce. Facebooks positioned to be a top player in VR
Why are small business owners such losers?
>met up with some old friends from high school
>2 engineers and one working in PE
>one owns some yogurt shop
>goes on and on about "le didn't need a degree to be successful"
>other topics included:
>muh own boss
>muh "hiring firing and perspiring"
>muh "control my own destiny"
>mfw
>met up with friends from high school
>losers
What does that tell you about yourself in high school?
>>1097689
At least he doesn't have to suck the boss man's cock everyday
/biz/ is such a shitty board that even our bait and troll threads are shit
Might as well merge this board with /vp/
ETHEREUM The next chapter:
If you bought ETH in the last few weeks what did you actually buy?
You now own the most technologically advanced form of money yet invented by man. Infinitely programable money.
You also own the cryptocurrency which will be BTC's most likely successor. The number of physical meetups are second only to bitcoin and far outstrip all other cryptocurrencies combined.
Ethereum is poaching bitcoin developers at an alarming rate. companies and startups which turned their noses up at Bitcoin are now flocking to Ethereum to develop their web 3.0 applications. It is the likely backbone of the future IOT internet of things.
In a month or so, The Ethereum browser will begin to fill up with exciting DAPPS that empower YOU in ways previously impossible.
Cont:
>>1092016
>Infinitely programable money
And today in "meaningless shill phrases"...
>Meetups
http://www.meetup.com/topics/ethereum/
>List of DAPPS
http://dapps.ethercasts.com/
>How to set up your mist wallet
https://www.youtube.com/watch?v=Z6lE0Ctaeqs
>Important tokens/DAPPS
>decentralised prediction market
http://www.augur.net/
>decentralised gold
https://dgx.io/#/
>stable coin
https://makerdao.com/
>slock.it
http://slock.it/index.html
mining info go to r/ethermining
Technical & DApp Development
>Ethereum Stack Exchange
https://ethereum.stackexchange.com/
>Official Guide
https://ethereum.gitbooks.io/frontier-guide/content/
>Official Tutorials
https://ethereum.org/
>Solidity Documentation
https://solidity.readthedocs.org/en/latest/
>Javascript API
https://github.com/ethereum/wiki/wiki/JavaScript-API#getting-started
>official subrebbit
r/ethereum
>marketplace for individuals exchanging goods and services for Ether
r/ethmarket
Help me out /biz/. A friend of mine came up with an idea to scam the government for some cash and I want to know how viable the plan is:
>Female friend is chinese, lives in my country (holland) for two years now to study
>We pretend to be in a relationship and live together
>She gets a lot of living expenses subsidized by the government
>She pays me ~500 EU per month
Sound good or not? Anyone experience with this? Is there a name?
>>1099492
get fucked, fucking stealing taxpayers money. don't be part of the problem, be the part of solution
>>1099496
:^)
>>1099492
It works as long as your laws don't make you become "married" and then you have to answer for her problems etc.
It happens in some jurisdictions.
Who >bagholder here?
Spent 5000 USD on this shit when it was at 5.7. Bought the bubble. /biz/ just fucking my shit up.
>ETH/USD
Wtf are you doing
hold it, you dummies
>expecting massive gains in a week after a 500% increase YTD
>>1099590
>eth
You spent 5k on imaginary coins? Should have given it to me, I could have gotten you pounds of crypto gold or a crypto car. Shit, maybe even a crypto apartment.
Why did he do it, /biz/?
What makes Kinder Morgan worth buying?
>>1099423
buy the fucking dip you fucking idiot
The fact that it's going to rise 10 points this year? Why do you think? Why does someone like Buffett do anything? It's an opportunity.
>>1099430
Apart from the fact that any stock Berkshire puts its hands on will inevitably rise thanks to herd behaviour, why was Kinder Morgan a good company to invest in? Why is it going to rise this year? Why did no one else see what Buffet did?
>"technical analysis"
>"correction"
>"dead cat bounce"
>"bull trap"
>"signals"
>
>mathematically backed technical indicators
>>1099272
>animal spirits
>>1099272
>fundamental analysis
>index funds
>no quant strategies
Can we discuss housing prices and why they are so pumped up?
Can you explain it by "supply/demand" or does the problem lie in people's willingness to enslave themselves in mortgages?
For reference, I'm from South-East Europe living in London. To be able to afford the basic human need of shelter, I need to:
>Enslave myself to a bank and become extremely risk-averse in terms of job changing and ambitions.
>For the privilege to live in a shoe box.
OR
>Share the toilet seat with a stranger and instead of mortgage, pay rent, that doesn't really add up to anything long term and is the worse options.
Now, I understand that's the game and I have to play it, but when I walk around real estate agencies and see the words "Let Agreed" for some 6-bedroom house in Surrey at £4000/month. Some faggot accepted to pay FOUR THOUSAND POUND STERLING PER MONTH and some boomer enjoys that, probably from multiple properties. For what, 2m by 2m bedrooms?
Can someone shed in some light, why are people willing to play this game? This system is surreal to me; how people are willing to contest mini-tents or share their fucking home with strangers. The only reasonable option would be to use my recently-acquired citizenship and passport to move to a more feasible place in EU.
Bemp
what's your job? can it be done remotely if so get out of london
>>1098465
>an you explain it by "supply/demand"
Supply is unchanged, demand is high. It will never get better.
![spammer[1].jpg](https://i.imgur.com/1kxzwN8.jpg "spammer[1]")
