Archived threads in /biz/ - Business & Finance - 619. page
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Lowes is trying to buy out Rona gor 3.2 billion. Hope some of my fellow Canadian fuckers had some shares cause I didn't.
this is why people do insider trading.
>>1075972
How does insider trading work anyway?
>>1075973
you work for Lowes.
you call me and tell me Lowes is going to buy out Rona so buy a bunch of Rona stock.
I buy a bunch of Rona stock.
We get caught and both go to prison for a long time.
http://www.worldfinancialgroup.com/
Is this a scam? my dad sells insurance under this company and recently moved up to "senior marketing director" which is a title you receive when you reach a certain number of recruits and sell a number of insurance policy's, He started doing this part time for "fun money" but Its been really easy for him because he has a background in sales and has been successful at it, finding recruits on craigs list, and they call his wife(business partner) to set up and interview and start interviewing them then bringing...
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>>1075943
It's an MLM so 99% of people get scammed and make under minimum wage and maybe a small percentage make anything resembling a real wage.
Your dad's expertise and supposed skill could be earning him way more in other sales jobs.
>>1075967
You are talking out of your ass. Selling insurance is the ultimate sales job. The commission is super high and the job is very simple. The issue with WFG is that the recruits are kept ignorant of the fact that the person recruiting them gets most of the money from the sales they do. If they work with a proper financial company or a brokerage instead they would get to keep a much higher percentage. What his dad is doing is terrific.
>>1076206
>The issue with WFG is that the recruits are kept ignorant of the fact that the person recruiting them gets most of the money from the sales they do. If they work with a proper financial company or a brokerage instead they would get to keep a much higher percentag
How is that not what I said?
So, is the stock market the same as informed betting? Therfore wouldn't it be just as profitable to use the same tactic of: Spread out your finances and hope that most of them don't drop, the same as spreading out your bets, that way you lose on one or 2 but win on 2 or 3.
>>1075893
Welcome to finance. This is called diversification and is extremely important in creating a portfolio. What people do is pick stocks that have low correlation with each other (different sectors, markets, countries) so that if one drops, others wont follow its path
in casino you know the rules and they never change, its a static system where you know the bounds.
the stock market is a chaotic system where the rules change and the bounds are unknown so the same math doesn't apply
>>1075949
This. Think of it as a poker game, with established rules. Only occasionally another poker game on the other side of the world affects the rules of your game. Or armed terrorists storm the game and shoot up the deck. Or some of the cards spontaneously burst into flames. Or...
>>1075823
System is glitchy as hell. I'll put in orders and come back to find they haven't been filled.
>>1075825
bid ask spread ya mongoloid
Put a limit order a few cents above/below what you're buying/selling for.
>>1075827
i lol'ed pretty hard at the mongoloid part. Yea im new to this stuff so yea....it doesnt matter to me really. When I eventually have enough capital to invest in the market, it will be with money i could give two shits about, so i dont care about losing it
more uwti astrology
>>1073498
look at dat upside
>>1073498
Where do I get sexy chart software like that?
>>1073498
Looks like the last rave party i went to.
someone mistakenly sent me 1350$, what to do?
i am poor student from europe and need US bank account to receive the money
Be a good person and call the bank explaining to them there was some kind of mistake.
>>1071921
Send it back.
Talk to your local bank about it
If you really don't know the person, then it was either an accident or some kind of scam being set it.
If it was a mistake, then you are morally obligated to correct it
It could also be drug money and fuck your shit up.
poorfag here. explain to me why i have to pay so much in taxes if I end up getting half of returned back to me anyways?
also, is it a good idea to not take the return and transfer it to next year instead?
A large tax refund means you gave the government an interest free loan because you were too lazy to adjust your withholdings
The mantra of the poor is celebrating their tax retund
>>1075952
>adjust your withholdings
speak english please
>>1075952
Do they even let you adjust witholdings at poorfag jobs? I assume some corporate office just sets default rates
Should i invest a million dollors now or after 5 minths in stock market
>>1075860
Neither. The way to do it is to invest $25k per month over 48 months. Only a dumbass goes all in.
>>1075877
The math is wrong, but this is otherwise shockingly sane advice -- especially considering the present market conditions.
I'd do it closer to $41.5k over 24 tho.
Op you should invest only 50$ on a lemonade stand and make about 25 a day.
And invest the rest on stocks.
Lets talk about business oportunities similat to pic related, boxed subscription packages that when purchased, the customer recives monthly (or whenever). Basically shit in a box, so what shit can we put in a pretty box to make it sell, im thinking buying cheap shit rings and designing boxes for em and selling them at a much higher price because im a cunt like that.
>>1075832
For women? Cosmetics. Cheap, light and easy to ship. Good luck trying to get into the niche though.
>>1075836
Yeah thats the thing, hard to get a name for your company with so many competitors...
Subscription boxes have extremely low profit margins. Check it out.
/biz/ maybe you guys can give me some sound advice.
I financed a Harley through their finance company, having a budget that could easily accommodate the payments at the time. For the past year, I have not. I've struggled making payments on it and simply am in a bind financially.
My question is: should I try to get someone to take it off my hands, or should I just let them repo it?
>my credit is fucked anyways
Anyone?
>>1075818
Sell it and pay off the debt.
>>1075841
So take what I can get for it and pay off the difference?
How long will it be until South America and East Europe are developed like the Western world?
>>1075794
Considering the brain drain, possibly never. Countries don't develop over time, its men inside them who develop them continuously.
South America: leaning in towards capitalism so around 30-50 years.
East Europe: soon if it doesn't get burned down by rapeugees.
>>1075794
If the West gets its way and imposes austerity then never
Left my debit card in a friend's car, can't get it back until tomorrow.
Is there any method of buy an ecard online that will allow me to spend money right away? I have my card info and everything.
Help me please /biz/ and I wont give you any of my info. I dont frequent /biz/ but i assumed someone would be helpful
>>1075681
Btw I'm poor so this will help a brother out, this is the only solution I can come up with
>>1075681
If you came to biz more often you wouldn't be a poorfag. Lurk moar
>>1075681
if you have the card info than any retailer can run a debit card as "credit" presuming its from a real bank (visa logo)
Is this company a scam/pyramid scheme?
Has anybody here worked for them?
>>1074577
Yes it is.
All "multi-level marketing" businesses are pyramid schemes.
I did for a bit because I talked them into waiving all fees. Its shit and all the people act like a cult. I got them to pay for my certs and moved on to an actual company.
meme
>>1074577
absolute shit. my cousin got sucked in to that. i tried so hard to convince him not to, but he did and dragged his wife into it with him. he embarrassed himself on facebook. tried to get involved in our family members financials. he wasted a few years, friends and family talk shit about him, and hes out about 35k.
the golden question i always asked was if it was so good, why didnt they have advertising like normal and small locations everywhere in strip malls. why did they have to approach people and meet them...
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Robinhood General Thread -- /rgt/
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NETE 2 DA MOON
Join up faggots, we catchin green themes in this bitch
I'm so glad I didn't fall for the ASTI meme
