Archived threads in /biz/ - Business & Finance - 544. page
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Is it retarded to buy stocks simply because they have a good p/e ratio?
>>1098483
Yes. You should only buy stocks that people on biz recommend to you.
P/FCF is superior. Just buy stocks trading under a 10 P/FCF with stable historical 3 year sales/earnings/FCF growth with boring/predictable business models. A 3%< dividend doesn't hurt either.
>>1098558
Why is P/FCF superior? No accounting tricks possible?
Currently practicing PWC logical tests. How on earth do you do this? I cant find a consistent rule.
Think of the 2 outer ones as a fan that changes colours. It rotates anti-clockwise. Do you see it?
In the next position the position of the "fan" will be vertical, which leaves option A or D. And the colour of the "fan" will be different than the previous one, which leaves option A.
A.
>>1098553
I can start bruteforcing ideas into getting A as an answer.
Thanks.
>>1098439
A, fag
I have $10k in liquid savings for the purpose of buying a house. I want to save the full %20 down + closing costs + maintain an emergency fund. I am anticipating having what I need about this time next year. What would be a good investment for my 10k for the year's time? A few shares of Intel? A few shares of Apple? Index fund? Want to be safe, and be able to get my money when needed, but I don't want to let it just sit in a savings account and do nothing. I also am not in a huge hurry to buy a place, but thinking of next year as more of a window to get started looking....
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With such a short time period be prepared to lose a good chunk of your money and have to put off buying a house if you invest it. I would park it in a money market account or one of the online savings account. You could probably get close to 1% return. Needing the money in a year makes investments extremely risky.
>>1098182
I was thinking the same thing actually. It would probably be too much of a gamble and I would probably at best break even due to fees & taxes.
>>1098196
Barclays online savings is 1 percent interest. It's what I'm using for my home savings
/OIL/ THREAD: IVAN IN THE DESERT EDITION
>link to live WTI price:
https://www.dailyfx.com/crude-oil
>Russian and Saudi energy ministers meet on Tuesday (will update with results)
http://www.bloomberg.com/news/articles/2016-02-15/saudi-russian-oil-ministers-said-to-plan-talks-in-doha-tuesday-ikoag6a0
>General Electric looking to get a piece of Xerxes' sweet Persian oil money
http://www.reuters.com/article/us-ge-iran-idUSKCN0VP0AO
>Shell...
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Im really interested in liquid natural gas (namely Cheniere) and hoping someone has some insight into the industry or just thought in general
>>1096068
I used to work there. Save your money for a legitimate biz
>>1096082
Please expand. Also, pre Icahn or post Icahn?
I have to make a choice in my minor soon. My major is Accounting and I can either do an Accounting or Information Systems minor.
How important is it and what difference does it make? I kinda feel like I should take an Accounting one since I've practically done all my accounting subjects and still don't feel like I know how to be an accountant. On the other hand I took a subject in Information Systems last semester and feel like I'd prefer it, plus having a broader range of skills could be useful. All that being said I'm not sure if anyone actually...
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>>1098975
Information Systems is a fucking meme.
Do a CS minor mate. I was an Economics major and it was the best decision I've made. It was hard as fuck though.
Also, if you want to do a double major, I would recommend doing Finance and Accounting.
>>1098994
Unfortunately I only have a choice of certain Business minors and CS isn't an option. Why do you say IS is a meme?
>>1098975
Your minor has no relevance in the real world, I'd go for something completely different from accounting, like Anthropology or a foreign language, just to show you're diverse and not simply a number reading autist
http://www.huffingtonpost.com/2013/11/05/income-inequality-crisis_n_4221012.html
"Highlighting this gap, more than half of U.S. wage earners made less than $30,000 last year, according to an analysis released by the Social Security Administration on Tuesday. That's not far above the $27,010 that marked the federal poverty line for a family of five in 2012."
i made $40,000 last year which means i made more than 60% of americans and i'm just a stupid server. i honestly feel shocked right now. how is this even possible?
>>1098938
>mfw I make 130k, still don't feel rich enough
Can't imagine how you goys must feel if you have a family to support on $30k per year.
>>1098938
>Huffington post
k
>>1098938
I guessssssssss
If I traded stocks this year and don't mention on my tax forms that I made 30 dollars from stocks, will the IRS somehow find out? I don't wanna deal with figuring the forms and whatnot this year.
Hard mode: what about if I lose money? Would they fuck me for that too? Even if that saves me money in taxes?
>>1097057
Losses are tax deductions. What tax bracket are you in?
>>1097060
10%. I do Robinhood meme trading and have an account on TD ameritrade for actual investments but none of those have been sold this year
we'll see. the brokerage deadline for 1099's is Feb 15th. I filed on the on Jan 30th because I wanted my return. about the same dollar amount too I made like $30
i doubt it honestly, thats like a $6 liability or something. i think the threshold is $100 for them to kick back a letter
My classmate took issue with my theory that Facebook will fall as quickly as it rose. He says
>"with Facebook advertising and with social media only growing higher and higher, I believe Facebook will be one of the largest and most profitable company by 2040. Facebook is always creating new ideas and is now focusing more on creating solutions and apps for businesses. "
I think he's a fucking moron, but what does /biz/ think? Are online businesses, especially those based on social media, as volatile as I think? I believe easy profits are also easily lost.
I don't think it will fail. It's like the new tv. Even if edgy people like us don't watch it, it's still going ot be around for ages.
Facebook as in the website will experience a significant downfall in popularity imo; the company however will remain prominent for a while due to investments outside its core business
He's wrong about Facebook being one of the largest and most profitable companies by 2040, but at the same time Facebook isn't Myspace.
It is widely used by most all age groups that the site allows, unlike Myspace which relied a bit too heavily on teenagers.
It's a heavily established brand at this point, and it has enough smart people in its upper ranks (helps that Zuckerberg isn't a retard, either) that they won't fuck it up on a stupid risk. It's the Google of social media at this point, it isn't going anywhere anytime soon.
About the only thing that could kill Facebook is if the US passes a law (and only the US; EU or the rest of the world couldn't do shit to hurt Facebook) establishing such extensive consumer privacy rights that online advertisers no longer have any data to work with and won't pay for ads. Of course, if that were to happen that would also kill Google and literally every other website that relies on advertising.
tl;dr you're both wrong on opposite ends of the spectrum
Bitcoin is the idea that its protections can't be thwarted by any authority. No military has the hidden capacity to break Bitcoin?
Yep, there is no way there are big bucks in hidden offices being spent on putting backdoors into Bitcoin. No way.
where in the open source code publicly viewable by all are the backdoors newfriend?
>>1099004
Open source developers are always competent and can see all vulnerabilities. Totally infallible, invincible.
Always trust unpaid open source developers with your investments.
Srs question: Why is GDP the big important indicator for a country when a broken window would increase it? Why not purchasing power per person?
What is so wrong with Japan that its government devalues the currency so intensely and introduces negative interest rates to punish savers? Is it really just a decreasing population that will be unable to pay for pensions? Why not just force people to save money for retirement? How can people take this as morally right? You read discussions about economics in the news and the morality of decisions is NEVER discussed in mainstream...
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>>1098977
your mom takes my dick as a vaginal right
>>1098977
That's because the educational system/market relies at people being financially retarded.
Consumerism is the reason that America's companies have performed so well.
They can market and get normies to spend fortunes while paying gooks $1/hr to make the products.
Think of it this way. The required highest level of financial education for a useful idiot is a Microeconomics class at University.
Personal finance classes aren't really a thing. Just let the your bank representative...
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>>1098977
Doesn't Japan have superfunds?
Door to door sales internships are pretty much worthless, right? I get the impression from a lot of the recruiters that they're pretty much desperate for people to hop on for an internship that's only like a few months.
I'm graduating in a couple months with a bachelor's degree in CIS and I already feel like I'm underqualified for pretty much everything I could apply for because most internships require you to be currently enrolled and my skills are pretty entry level as it stands. I would be a pretty good salesperson, but door to door feels like...
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door to door sales are usually a pyramid scheme
> Internship
you're not considering doing door to door for free are you?
door to door sucks dick. Its just bad on all levels.
It's ONLY worth it if you can make like $200 a day or more.
>>1098880
It's paid. No way in hell I'd do it for free.
Best way to invest $10000, or even better. Best things to read/learn as a beginner to investing.
>>1097767
Ethereum
>>1097767
99995 bucks into Ethereum now that it has been
dumped. 5 bucks into a strong rope and and get an onlien streaming account.
>>1097767
Hi OP, here are a few books I found from another thread.
>had many interviews for prestigious jobs and internships in the past few years
>failed them all due to bad social skills
>see entry level investment bank middle office opening
Would it be a kiss of death or a good opportunity? The alternative is living in my parent's house and menial part time work.
> kiss of death
You literally have nothing to lose...
No idea why you're even posing this as a question, the answer is glaringly obvious. You really do have autism.
>>1098875
Unless you're making too little money to make your own lifestyle, getting into an office is a chance to move up to a do nothing position.
What do compliance officers actually do? Is this a meme job /biz/?
>>1098610
>working finance in anything but front-office
>not kys
how do these brave souls manage it I don't know
>>1098616
Are back-office finance roles really that shit? what if you're a typical 4chan autist?
>>1098646
Then you're Milton from Office Space. Still hated his job and nobody liked or valued him.
How do I learn to invest in the stock market?
Go to vanguard and read the directions
>>1098540
Only way to learn is to do
what is this apps
