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Archived threads in /biz/ - Business & Finance - 704. page


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Is USO a safe bet? Am I going to get rekt? Thanks guys.
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>>1047374
$WLL
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>>1047374

It's not a safe bet at all, and it has nothing to do with whether oil continues to fall.

USO will only be profitable if oil makes a significant move during the current month's contract. There is always price decay when the contract rolls over the next month. So USO will lose money in any period where:
-Oil goes down over any time frame
-Oil stays flat over any time period
-Oil goes up on a month-to-month basis by less than the difference between the prior month futures contract and the current month futures contract

USO is not "investing in oil". It's making a short term bet that oil will rise before the current futures contract expires.
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>>1047374
yolo all in UWTI

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Should I buy a share in Apple?
7 posts and 2 images submitted.
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>>1047348
buy two
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An apple a day keeps the doctor away is what my pappy used to say.
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throw everything you have in DIS, I promise you'll be a millionaire by 2020

I just spent 5k on crude oil
>roast me faggots
6 posts and 2 images submitted.
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>>1047264
>life savings.
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>>1047264
long or short?
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>>1047264
Before the iran has even started selling their oil? A moment of silence for your dead dollerinos.

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i have many questions about this. for my background, i live in florida and have only access to UPS to ship.

>1 what is the maximum amount of days that i can specify for 'handling time' on ebay?
ideally, i want to only leave the house once a week to ship all the items that people buy. would i be able to do this or will it violate the 'ship the day you receive payment' standards thing?

>2 how do i prepare packages for shipping?
is there a way that i can have everything packaged and ready to ship so i simply drop it off at the UPS store? someone who has experience shipping through UPS and could tell me some tips would be greatly appreciated too.

>3 i've already researched some of the tax forms and things i'll have to do eventually to make it a legit business in florida, so here is my list:
-obtain [tax id number] through irs.gov using [SS-4 Form]
-register locally for [state sales tax], [use tax], and [business tax]es (i have no what these are, or how to do them)
-file a [tradename certificate] of my business name to county of clerk's office
-file a [schedule c form] with my [form 1040] every year (not sure how these are done, i've only done my taxes online when i was military)
-pay estimated tax quarterly (i have no idea what this means)
-no autioneer license required for florida for what i'll be doing
is there anything else i need or you guys could elaborate on for me?


i currently live with parents and pay NO rent and have like $8k that i've decided to use for this endeavor. i cannot drive, so the reason why i can only use UPS is because it is the closest and i'll be forced to use bicycle to send very small packages. i'm 23 and exmilitary living off savings, but NEET and scared of driving and one day being forced to work or something, please don't bully me, i just want to succeed in something small and get sell better things eventually and be happy
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bump for help
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>>1046572
I really need to start dropping a phone# so i don't have type as much.

1) you can take up to 30 days to ship (if you set it to that... no body will buy your shit, but that's whatever)

2) honestly, too many variables... how big are your packages?

3) all irrelevant. First sell shit; then, worry about rules.
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>>1046664
What an ugly fucking gook

I dont understand why it would be difficult for you to send shit out within the same day seller made payment or 24 hours max

Before asking these questions try it out first and slowly and see where that takes you

THEN worry about the trials and tribulations of starting a business

>ex military

What were you in, regardless thanks for the service

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I can speak 6 languages almost perfectly but my math abilities are crap.
How much of a chance do I have to succeed in the business world, assuming I'm good looking?

Is language skill even useful anymore?
18 posts and 4 images submitted.
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>>1046347
That's bullshit.

Record a vocaroo of you reading 2-3 sentences fluently in all 6 languages right now.
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>>1046348
Lol I'm on my phone right now and I have no idea how to do this for you anon, but I'm fluent in French,English,German,Swiss-German,Portuguese and Japanese even if the last one is a bit harder.

Back to my question, is there some use to this shit?
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>>1046352
Yes. Translating, transcribing, etc.

I am highly skeptical of you being good at all in all of those languages though. If you were any good at them you wouldn't be asking such a silly question.

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Any engineers on right now?

>age
>degree
>job
>pay
Bonus points if you're MechE
54 posts and 4 images submitted.
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29, elec+MBA, management consulting, 165k+bonus
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>>1045678
Nice nice
>>
26
EE
graduNEET
see above

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How long do foods patents last?
2 posts and 1 images submitted.
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>>1048577
7

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Bullish.
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What do you mean deregulation the financial sector lead to heavy booms and busts? Clearly more market liberalism and less social security will fix this.

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http://mobile.abc.net.au/news/2016-01-19/china-gdp-economic-growth-data/7098230

I'm gonna risk buying Chinese stocks after the crash they just had. The government won't let them fall much more.
6 posts and 2 images submitted.
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>>1048516
>>1048516
I don't disagree with doing this even though I'd rather buy US, there just seems to be too much value in China to pass up. Any specific stocks? I've been watching XIN for this kind of moment but I'm pretty shy since it weathered the storm decently
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>>1048516
>The government won't let them fall much more

The government has only shown their attempt at controlling the market has failed miserably and investor confidence is shaken.
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Put your life savings in YINN

Thank me later

I just opened a kickstarter on Gofundme and I would love for anyone to go hear my story :) il leave the link here
11 posts and 2 images submitted.
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Ok.
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It won't let me post the link so il just leave it in a photo :)
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Thank you everyone who shows even an inklink of interest :)

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Anyone have any tips on finding the cheapest flights (domestic, US)? Any ways to save money that aren't entirely obvious?
5 posts and 1 images submitted.
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>>1048433

Walk to your destination
?????
Profit
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>>1048433
travel when gas is cheap
i can get flights to las vegas for about 40 bucks each way.
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>>1048433

Call the airline directly or go to their website instead of a aggregator, they can get you cheaper rates than what you see online

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Transferring to a university after my gen eds are done at my current community college.
I now have two options, I wanted to major in compsci and go to school in state in IL.

My first option is to just go to uni here, and rack up probably 50k in loans.

My second option is to take ASU's online software engineering degree for free.

What do?
12 posts and 2 images submitted.
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>>1048351
the main thing im worried about is how online programs are looked down upon, although my diploma wouldnt have any mention of it being online

also the availability and possible difficulty in finding internships
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>>1048363
online is garbage and no one will respect you or your degree.

do normal uni. apply for financial aid, federal work study, scholarships, etc. Be frugal. There are lots of scholarships for community college transfers. I got a 5000 dollar one for just having above a 3.0. Make connections with people to increase chances of jobs later. Get a job during school and use money to pay loans.
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>>1048398
like i said my degree wouldnt be any different from somebody who studied on campus.
we would both graduate with the same major, no note of it being online

what do you guys think about this book ? is it still best book about investing ?
13 posts and 2 images submitted.
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Replace the word "stock" with "etf" and you have an updated version of that book
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>>1048291
it's not necessarily relevant anymore, however, if you're beginning to invest, it's the best place to start, and continue from there.
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>>1048291
it was never the best book about investing
it contains almost zero actual practical advice

Hey /biz/ , a bit of a weird question but that's really holding me back. So how do you stay focused and don't lose concentration? I know what I have to do and how to do it but I just get distracted all the time, I can't seem to be able to focus on something in particular and even if I do I lose interest quickly when I see that I can do that shit. For example my hobbie was fashion, I was super interested in all the fabrics, the textures of the garments and so on. But I started a small business selling designer clothing and while I do admire the craftsmanship I don't really feel....engaged with all that, I feel that I know everything there is to know about the industry ( even though it's not like that probably) and I kinda lost interest in that. Now there is another field I want to develop in and I just can't focus enough to do all the necessary research and learn all the stuff needed and so on. So any help?

TL;DR How to stay focused to do shit
7 posts and 1 images submitted.
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KOKANE
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>>1048292
Nah, doesn't work and I hate that shit anyway.
>>
See a shrink and get on add medicine.

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If there is "no STEM shortage" as all the smart neckbeards on /biz/ here like to claim, then why does SpaceX have over 300 job openings?
http://www.spacex.com/careers/list
24 posts and 2 images submitted.
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>>1048066
i didn't even know spacex had 300 people
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>>1048066
>cooks
>security
>accounts payable
>sales
Lel
Also
>they have job postings, that must mean they are hiring! definitely not building a database of resumes while telling govt they need more h1b permits
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>>1048086
/thread

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