Archived threads in /biz/ - Business & Finance - 706. page
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/biz/-lit
Couldn't find one, so here you go. Bought this the other day
>>1047872
That's a shit tier book: social skills trumps all.
Pun intended.
>>1047872
>Literally being named "Shiller"
Did he invent Ethereum?
On a scale of 1 to 10, how important are the following factors in being successful as a wagekek:
>Intelligence
>Looks
>Social skills (minus looks)
>Contacts inside
>Contacts outside
>Starting age
>Getting higher degrees (MBAs, MFs, etc.)
Some of them may be conflictive, or a sub-factor, but whatever. It came out that way.
>Intelligence - 7.5
>Looks - 5 (Average)
>Social skills (minus looks) - 8.5
>Contacts inside - 9
>Contacts outside - 7
>Starting age - 3.5 (As long as you are in your early to mid 20s)
>Getting higher degrees (MBAs, MFs, etc.) - 6 (It helps)
Intelligence - 7
Looks - 5 (source: dad isn't the most handsome but has a high-end job) (dress nice and crisp and have a good breath)
Social skills - 8
Contacts inside - depends on your company, I'd say around 5 or 6
Contacts outside - 4 (its only a booster seat)
Starting age - obviously matters in terms of salary, but getting in probably only 3 or 4
Higher degrees - 7 or 8
Try to have a handful of the higher tiered ones.
>>1047858
>>Intelligence
5-6 Helpful, although hardwork and organization is much more important.
>>Looks
4-5 Helpful, although as clearly seen by many businessmen being *VERY VERY* far from 10/10 male models not so much.
>>Social skills (minus looks)
10, very important.
>>Contacts inside
it can make everything but it's not the end-all because you can make them....
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Ex-NEET here. Industrial Engineering degree, 29 years old. Average-looking, p. smart but LAZY AS ALL HELL..., social skills seems to range from Hollywood celebrity to Columbine shooter; i.e.: people either love me or want to kill me.
Gonna get a job at EY as a consultant soon. The pay is average.
What's some definite pointers I should keep in mind for the first few days? Particularly given that I'm gonna be older than the rest of the other kids around (I do look like a 23-year old, though). Don't ask why it took so long to get a job - it just did.
General...
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>>1047845
1) work comes first. If they want to chat, fine, but remember that they will throw you under the bus at the first sign of trouble. Dont expect to receive or give favors for/from people that screw up.
2) Start making friends. Most college students could do your job and your boss knows it. Career longevity comes from removing as many reasons to fire you as possible. Offer to help with projects etc so you learn more quickly too.
3) Dont date at the office. Remember: remove all reasons for them to fire you....
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>>1047845
>Industrial Engineering degree
kek what's with the biggest retards always going into this shit. case in point: OP.
>General rules about co-wokers?
be courteous to all
>Should I keep to myself at first, or start making friends right away?
don't keep to yourself, but that doesn't mean you have to make friends right away, just be friendly
>Rules of dating at the office?
stay away from this, unless he/she is legitimately a great person and you could see yourself marrying them
>Immediately make friends with...?
I don't think you have to immediately...
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Is it worth the effort?
Want to start putting money away for my 2 year old child's education.
Am I better off just setting up a small cap index fund on my own?
Curious if there are any older folks around with some experience doing this sort of thing...
In theory it's a good idea because you will save on taxes with the money you put in a 529. You do tie the money up though so if your kid ends up not going to college for whatever reason things can get kinda fucked. I would use it, but don't just go ham with the contributions like you would a 401k.
>>1047757
No - It doesn't keep up with the inflation rate for college tuition.
Better off putting the money elsewhere and get him involved with a sport at a young age so he can get an athletic scholarship. It will also deter him from becoming a fatass who plays video games and browses anime imageboards all day.
Please check their investment plans. A lot of 529s are absolute shit and offer a return of like 2% maximum per year because they are just buying munis.
It can be worth it but you need a good one.
Also consider just having them take loans and then pay them off as a reward for graduating with a good gpa or something.
Hi folks. So I've read a few books on stocks and it was recommended by Bogle to invest in index funds for long term investments. But for short term speculating on specific stocks do you guys recommend just researching the fuck out of the company? I've read a few books about the different ways to analyze a stock, P/E, growth, value, etc. but also I understand geopolitics and the current events can also have an Impact. Basically my question if I go about this from an analytical approach is there more chance of a successful investment? Or is it just a who the fuck knows...
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>>1047723
>image.jpg
fuck off, ifag.
Why are you interested in the market? What is your goal?
Do you expect to put money into some company and find that you have more money 5 years from now?
>>1047723
Basically, I would try to buy stocks that are oversold on bad news and still have good fundamentals.
Hi /biz/ im a neighbor from /b. I change my job at the 1.1.16, the problem is i get my first paycheck on the 15.2. so im without money the whole month
> gotta pay my bills
> 1k in the red already
any ideas guys ?
>>1047719
credit card
I guess you'll either end more in the red or you'll have to borrow money, which is the same thing.
>>1047745
Suck dick
How do you maintain the work ethic you had when you were struggling once you're comfortable?
>>1047702
I guess that's what separates you from ordinary people
>>1047702
I don't, honestly. I busted my ass of after graduating at my first job. I'd come in at 6AM and work hard to 5-7 PM and coming in on weekends. My bosses loved my hard work and dedication and I got a promotion, raises, my own office. I still come in early but I take long lunches and dick around a lot, but it still looks like I'm busting my ass off.
I'm sure if I got a new job elsewhere I'd bust my ass again until I established myself at my new employer but I'd probably get lazy once again.
>>1047702
Spend the extra time planning and staying informed in your field.
So, I've decided to attempt to get my forklift license. Anyone here do this as a profession? What should I expect? I've pawned most of my possessions to make this happen. I'm tired of living off 290$ a month.
>>1047411
Also, general skilled trades thread.
I have one, and here in Europe, they first let you do a theory test (which is fairly easy, I got it without learning anything), then they let you ride around in a forklift and let you do general tasks. It takes about a day and costs 150 euros here
>>1047422
Nice. I'm a little intimidated by machinery, cause well , I've had lots of injuries. Do you enjoy doing it ? What is your pay like?
Hey /biz/ is my plan realistic?
Make a million bucks through Ebay flipping, fx trading, stock trading, and other ventures.
Then reinvest said money into high dividend paying stocks and other investments that give out returns, then travel the world with what I make from that.
Is it possible?
>>1047198
Possible, but not probable. To win 1 million dollars you need a lot to start with.
If step one of your plan is "have a million bux" you might want to refine your plan.
>>1047198
What do you have that others don't?
Because if the answer is nothing, why isn't everyone else already following your plan?
Any of you folks good with writing engaging SEO descriptions for shit?
I personally need about 10 essays written, as well as some "dynamic content" for social media updates.
I'm not looking to spend much, because i can just hit Fiverr for adequate ad copy, but i love my /b/ros and want to check here for interested parties first.
>>1046515
I'm open to monthly fees, if this works well, because I'm not going out of business, and i know impressions matte.
Also, don't be shy. Break out of that beta shell. I know nobody responding here is going to be an established expert, and I'm will to let you learn your craft, paid, while working with me.
I've been told I'm a pretty good writer and would definitely like to give it a shot since I can use the experience and extra money. Could you elaborate further perhaps? What kind of products are we talking about?
What are some must read books on business, finances and investing?
>>1046118
The Art of the Deal
>>1046118
I would recommend the Gone Fishing Portfolio, and Getting Rich with Dividends. TBQH FAUM.
>>1046375
Thanks I'll check those out.
>Women entrepreneurs who appear on ABC’s Shark Tank experience the same kind of unfair gender bias as they do in real-life Silicon Valley. Female contestants on the hit reality show receive fewer investments than male contestants do.
>According to Mashable, when they do get money, female-fronted companies receive significantly lower valuations than businesses headed by men. According to data compiled by Rock Health CEO Halle Tecco, male founders received an average valuation of nearly $1.7 million, while women founders received an average of just over $781,000.
>Studies have shown that venture capital firms that have women in senior positions are more likely to invest in companies led by women, so the show’s female contestants have better luck when the panel includes female investors. Real estate mogul Barbara Corcoran invests in companies led by women 48% of the time, while inventor Lori Grenier invests 29% of the time. “It perfectly reflects what we see in Silicon Valley,” Tecco told Mashable. She also said, “Studies show that men are judged on their potential, whereas women are judged on what they already have accomplished. This means more bets are being placed on unproven men than unproven women founders.”
>Tecco also points out the women on the show ask for less money than the males. “Something is happening during the negotiation where the sharks are driving the valuation down and women are willing to give up more of their company to close a deal,” she said.
>Ann Crady Weiss, an entrepreneur who appeared on Shark Tank for her startup Hatch Baby told Mashable she does believe that venture capital wants to make change. “The industry is interested in bringing underrepresented people to the table. Diversity does create more success. They’re going to do it because it leads to better outcomes.”
Why is this allowed?
>>1047392
She sucks good dick
>>1047392
Maybe the women should stop having shit ideas.
It's... SEXISM!
Never mind that women do much better in many statistics, that's just meritocracy! :^)
But this? This is simply unfair.
>mfw you have to be a politically correct SJW liberal c uck to get into the current space industry / astronaut training because you're representing "muhhh humanity"
It will remain pricey for a long time. A personal trip could cost $20,000 one day, but that would still be out of range for most people.
>>1044858
Other than your obvious engineer, and pilot, what kind of astronaut jobs will be available once space travel becomes more mainstream.
might get affordable but i would wait atleast 10 000 flights or something, those space crafts seem to blow up frequently
>Applicants must show strong interest in finance and financial markets
How do I get into finance /biz/?
I have been to the bookstores and seen all the fancy textbooks and everything. I attend UPenn of all schools, but I can't afford to buy a bunch of finance books and it's no longer possible for me to take a finance class. I know mathematics and study actuarial science on the side.
Where can I start?
>>1042703
>I know mathematics
Then you can definitely get any job you want.
>>1042713
I'm not sure if this is sarcastic?
I meant that I am about to graduate with a bachelor's in mathematics and have taken quite a number of graduate math courses. I have also studied statistics and for 2 of the actuarial exams.
How do I get into becoming a business analyst?
Either for an investment bank, consulting firm, even financial services corporation, etc.?
Everywhere I look says the same thing. "Have a strong interest in finance. Know the financial markets and have an opinion about...
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>>1042720
As a non finance major with no real experience :
Business Analyst for a consulting firm is possible. The rest not really.
You'd need a PhD to be seriously considered for an investment banking position. Probably a Masters to be considered for a position in the less glamorous financial services (insurance, payday loans etc...)
How hard it is to make a 10% return with a $5k capital in 3 months?
not hard, just risky
>>1046343
You can make that in a week trading stocks.
>>1046376
Seriously, stop this meme. Throw away your money on stocks while knowing nothing about the market is a great way to lose everything. Day trading in general doesn't generate great returns. As a regular investor you should be more dividend focused in your market investments and worry less about stock price.
