Archived threads in /biz/ - Business & Finance - 695. page
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FB
VOO
>>1050761
MyMothersBasement
ford's p/e is under 10 and it's dividend is over 5% and they have great earnings
I-it can't keep falling... C-can it?
Good thing I didn't invest real money into these /biz/ memes. Dog bless ETFs!
Just buy ethereum dude. Its not rocket science.
>>1050792
Why should I buy ethereum?
If it was good would it really need to be shilled so hard here?
>>1050819
Why don't you look at this and tell me
So what's the fed going to do if the markets drop 50% again? Haven't they already used all their ammo?
They could turn the .25 rate into 0. all hail our lord and savior Janet Yellen
>>1050671
A decline is already expected and planned. It's necessary for the market to have a correction. Equities were supported by QE and there was tremendous asset inflation.
I think the fed is aiming for a steady "soft" decline. I expect the correction will take at least a year.
Hello, /biz/
I came from /g/ because an anon posted a similar thread, calling this a happening.
Can you guys explain this whole situation to a dumb shit like me? I don't do any trading.
Guys
When is the gold price going back up.
What the hell, the world economy is crashing and gold is so low. I thought people would be buying gold like mad.
OK, so there is that gold-oil correlation going on, I really forgot about that. But still, gold, everyone meant to be buying gold. What the hell.
>>1050621
Gold going back up? It has a decade bull run and still hasn't properly corrected. It's going down senpai. Wayyyy down.
Speaking of the gold-oil correlation - it's historically been around 15-1. With oil at $30 bucks that puts gold at $450/oz. This is only temporary since the crude price collapse has been so major.
That paired with the knowledge that in a crashing economy, deflation comes first. I'm a gold bug myself but buying into gold right now is one of the dumbest things you could...
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>>1050621
It's because of the money supply and multiplier. They are both shrinking.
http://www.nowandfutures.com/key_stats.html
>>1050621
>China's financial market colllapsing
>Oil cheaper, not because of demand decreases, but because every supplier is going full bore with production
>Over-inflated US stock market correcting itself, no signs of it in the real US economy
"OH SHIT! WE'RE ALL DOOMED! THE WORLD ECONOMY IS FALLING IN THE SHITTER!"
Good to see you're still unharmed from that acorn falling on your head, chicken little.
does corporate espionage really exist?
anyone have any stories?
>>1050611
Probably. I mean people sneak their guy into competing clans in MMORPGs, why wouldn't you if there were billions at stake?
Then there's counter espionage and intelligence. Feeding false information is a proven strategy. I recall that in the 80s the israelis fucked up the iraqi nuclear program by publishing false papers on uranium enrichment or something.
The disadvantage is that it's in theory easy to detect. Just see if the numbers add upp.
Let's say that the false information is about a landing gear. What's different is that it absorbs a lot more impact than the best on the market.
Two conclusions that can be drawn:
1) They just stumbled upon a new...
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No, corporations wouldn't do such immoral thing
To anyone who has read this book,
what are your thoughts on it?
I've read it myself, and while the title is largely exaggerating (It is the best case scenario), there seems to be a lot of good advice, ideas and resources in it.
ferris is tony robbins for millenials
>>1050514
>fag finds an exploit
>is the only one who uses it
>other fags follow
>the exploit isn't so exclusive anymore
>a new equilibrium is created
>>1050514
Are there any other books that claim to teach you how to build a cash-flow business? /biz/ literature lists are usually focusing on investment.
Do people really believe this shit?
>>1050429
Really?
>>1050429
The gold title helps prove his point
Who else is taking general education classes for ~$2,500 per semester total?
I went to a very well known university that cost me $15,000 per semester and left the day before classes started so I was refunded every penny back. They're all online and equivalent with all of the major universities in my state. I don't see why more people don't do this. I never liked dorm-life, anyway.
>>1050332
what are you asking?
i went to uni because you meet people there who have similar interests and/or can help you advance. the government and some other retards paid for my tuition, and i worked enough for living expenses too.
if you're looking for advice for poor people, i will say don't worry about education at all what the fuck is wrong with you. either make friends and get hired by them, or start at a very low level in some trade. for anything a poor person is capable of doing in his life...
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>>1050332
1. They do it for the experience and to party at a big school for 2 extra years
2. They got a full ride of big scholarship
3. Their family is loaded and the difference between $3k and $15k is negligible to them
4. Prestige/vanity
5. They fell for the meme
I went to youtube and took the MIT graduate courses for free. I also applied to my cv that i graduated from MIT, got hired just like that
Does it matter what I put? Can I just put that I earn $125,000 even though I don't make nearly as much?
>>1050309
I've never been asked to verify my income. My wife wasn't even working and didn't know my income so threw out a number in an online form and was approved for a $12,000 Discover Card based upon MY income and the fact that she was unemployed. They never once asked her for any proof.
So I guess you can put whatever the fuck you want and the worst they'll do is ask for proof - which doesn't seem to happen often.
B... but why would you want to?
It's technically bank fraud, but it's so prevalent that its tolerated up to a point. They DO check your tax returns, though. There was a guy a while back that overstated his income by $100,000+ on like six credit card applications and he did time served+$50k fine
>I want credit card debt
Why aren't you dumping everything into Shell?
>>1050047
Because they're not coming back up.
I seem to remember them making some acquisitions that I didn't like. Leasing up the Utica shale or some other worthless formation. Anyway I wouldnt buy them.
I wont invest anything in oil unless it is Chevron or Exxon. RD Shell is, pardon the expression, a shell of a company. id rather invest in HP if that is my choice
My parents. My parents. My parents. My parents. My parents. http://i-d.vice.com/en_us/article/the-financial-reality-of-a-career-in-art-in-nyc
>>1049712
>his parents are so poor they cant move the money they were spending on you living with them to your bank account when you leave home
If your parents are not educated and affluent and you didn't get a educational scholarship you shouldn't go to college.
Also:
>only people who can afford to throw away money work in art in one of the most expensive places to live in the world.
Are you even remotely surprised. Starving artists...
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Jesus Christ this article made me fucking cringe. How do some people take out $200k for a fucking BFA.... And then complain about not affording basic rent while living in one of the most expensive cities in the world. This a level of stupid that I can't deal with...
>>1049862
>TFW I know girls with big tits that study photography or some other bullshit
>TFW arts fags are probably balls deep in that pussy weekly
Maybe the tuition for that bs actually pays off in amounts of sex with hot girls...
I know some of you have probably done the GMAT before or are studying for it right now.
What did you do? I am looking for advice, should I just read a book, do Kaplan tutoring for freaking thousand + bucks, use torrented videos?
What are you doing right now, any interesting tutor stories?
Any general advice? I am going to begin studying this week. Leaning toward MBA: Marketing but if I get a high quant score definitely finance, I always hated math so not sure if I can hang in finance.
Get the manhattan prep gmat book series. I bought their book set for the GRE and it was the best study series available.
Kaplan and Princeton Review are mediocre
Do not pay to go to tutoring classes. It's a complete scam by any company
They literally only teach you the same shit out of the books. You can get way more out of just buying the books and watching youtube videos.
>700+ reduces your score
When this happens you know the test is bullshit.
Just make sure to do a lot of practice exams, so your pacing improves.
So /biz/,
What is your opening on the six hour work day? Increase or decrease productivity? Depends on the type of work?
http://www.bbc.com/news/business-34677949
Discuss.
France did this in 2000 in an attempt to generate more jobs. The thinking was that the remaining hours would need to be filled by someone, and that hiring would therefore increase.
What actually happened was that productivity went up, hiring did not increase, and unemployment didn't change.
>>1049436
What if I want to work more than six hours per day?
>>1049465
Overtime, just like the current eight hour day systems that exist.
I think productivity would go up, honestly, in many jobs. I know that I feel more productive, at least per hour, when I work a four hour shift versus an eight hour shift (same job). I can work myself harder and feel a bit more pressure to make an impact in a shorter amount of time, whereas during a longer shift I spend more time fucking around wasting time, and I can't maintain as high an output because I'll tire myself out (generally...
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Post ANYTHING that inspires you in business/money making... picture, movie, video, book, article... lets fucking get inspired bros.
mine
I listen to shmoney dance and hot nigga for motivation.
>>1049101
I do it all for her
Can I recover from this
>had a vocational program in high school
>could have taken welding auto body car repair or building
>took criminal justice instead of welding like a dumb fuck
>mom is in a program where I can go to uni anywhere in the country for free as long as I pay my own housing
>took 2 years of criminal justice in community college and dropped out
>they offer a 2 year welding...
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>>1048726
just do welding now its not too late.
>>1048726
try r9k
>>1048726
Suck it up, Buttercup. I dropped out of a PhD program after 9 years and 4 research papers. 2 years later and I'm making $130K.
What makes you think that if you even can't commit to a degree that you'll be able to stick to a career path later?
