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Archived threads in /biz/ - Business & Finance - 707. page
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Can an American buy property in Canada?

Now that the currency is devaluating, it seems like the right time to snatch up cheap property, then turn aground and sell it to the Chinese when it goes back up.
4 replies and 1 images submitted. Click here to view.
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>>1047823
>Cheap property

You know we have the most inflated real estate in the world and the bubble is popping because no one except for Chinese millionaires can afford homes, right?
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>>1047827
Yeah this, look at the annual returns in our property market. Total bubble territory. I can only hope the.Chinese stop buying up all our shit
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>>1047827

I'm a banker in Florida and we've had multiple funds of various American and foreign investors buying up foreclosed and distressed and other residential properties as of late. They buy homes in the $100k-$300k price range and then rent them out. I've personally seen at least $300 million worth of these funds pop up as of late; there's probably billions more I don't see.

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>The oil price has recovered slightly after earlier falling below $28 a barrel, as Opec predicts crude will mount a recovery this year.
>Brent crude, used as an international benchmark, fell as low as $27.67 a barrel, its lowest since 2003, before recovering to trade at $28.86.
>The price of US crude was $29.65 a barrel after hitting $28.36.

So is this good or bad?
6 replies and 1 images submitted. Click here to view.
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Just wait until tomorrow. The end is nigh.
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>>1047821
>recovered
Yeah, I'm sure
>>
>>1047821
God I'm glad for a day-break. But I'm going to have to list some baggage. Maybe one day we'll hit a bottom

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>put stuff on sale on eBay yesterday
>check it today
>each item only has 7 views

Where did I fuck up? I set low prices, added a good picture, and provided a good description page with a custom design. The auction duration is set to 7 days by the way.
14 replies and 3 images submitted. Click here to view.
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>>1047500
What are you selling. What is your buyer rating.
>>
>>1047504
I'm selling a few antique items, and I never bought stuff from eBay using this account, since it was made specifically for selling stuff.
>>
>>1047508
What is your feedback percent and star colour?

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12 replies and 2 images submitted. Click here to view.
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By ignoring it and buying ethereum
>>
by shorting dow and nasdaq simultaneously
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By buying high and short-longing gamma low

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Anyone here considered setting up a porn site?
9 replies and 1 images submitted. Click here to view.
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How are you competing with xvideos and brazzers?
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>>1047333
I was thinking more of a site where you cater to a niche. So for instance shemales or something. Start off by ripping videos from major sites, but also give the option for users to upload their own for when your site grows
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>>1047331
Saturated market unless you're super-niche. Go look at TBLOP. Also you're going to make nothing with just ads (streaming video is expensive), you'd need some sort of premium model.

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Tell me what it is. Picture is not me.
39 replies and 1 images submitted. Click here to view.
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Prove you're an investment banker
>>
EBITDA multiples dictate more than you think
>>
School?
Course?
Grades?
Company?
Tips?
Proof?
Salary?
Hours?

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How and where do I go from here?

Like seriously, where the fuck do I go from my current position.

I'm fully engulfed in the society circle of a dead end job and constant paycheck to paycheck. I have literally $0 by the time I have paid everything, even then I'm still starving myself every month,

My dream has always ALWAYS been to start my own business or get into investments but I just don't know where to go from my position, It's like I'm trapped in this circle and there is no way for me to make capital (loans aren't an option)...
Comment too long. Click here to view the full text.
29 replies and 3 images submitted. Click here to view.
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bumping this thread because i believe.
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>>1046611
>My dream has always ALWAYS been to start my own business or get into investments but I just don't know where to go from my position, It's like I'm trapped in this circle and there is no way for me to make capital

Figure something out man.

Think unconventionally. Learn and practice a new skill, you can easily monetize with the internet.
>>
You have to give more info than that if you want any advice...

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I've sold all my ETFs at Ameritrade last year and decided to build my own moderately conservative "ETF" with Robinhood.

Goodbye trading fees. Goodbye ETF yearly maintenance fee.

$200k split between 50 small/mid cap companies of my choosing.

Criteria:
>3% dividend yield
<20 PE ratio
<3B market cap
examples: Cal-Maine, Douglas Dynamics, DSW, Gannett, Hillenbrand, Petmed, Rent-A-Center, Seadrill

I haven't bought anything yet. What are the negatives of this plan? Why doesn't everyone do this?
17 replies and 1 images submitted. Click here to view.
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>>1046525
You are not building an ETF you're building a portfolio.
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>>1046530

True, highly diversified portfolio. That's why I put ETF in quotes.
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>>1046525
>What are the negatives of this plan? Why doesn't everyone do this?

because not everyone has the time and motivation to manage 50+ product in their portfolio.

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Does this guy know his shit?
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No.
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>>1044353
he'll run for Prime Minister next election. I don't think he's Trump tier though.
>>
Yes. He knows how to exploit entrepreneurs by staking them and taking a huge cut of their profits indefinitely. Some of these people would be way better off just getting a loan from the bank.

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Is gold and silver a good investment or just a Libertarian meme?

I'm currently at college getting everything paid by daddy, and from my tutoring gig i have loads of cash to invest. Is gold and silver a good idea? The prices seem pretty volatile and there's no inherent value to them really. I may just put my cash into index mutual funds.

What do you think about precious metals /biz/?
2 replies and 1 images submitted. Click here to view.
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Fuck off retard and learn what you are getting into

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Quick Resume Question: I worked from home in college doing remote customer support for some startup. I was 1099 and don't think I ever had sustained contact with any "superiors" outside of some emails where I asked questions about how to deal with situations that weren't in the pdf they gave me.

Do I put the company's name on the resume, even though if they check with them they might not have any record of me, or do I put that I was self-employed?

Also, resume thread, I guess.
2 replies and 1 images submitted. Click here to view.
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Independent IT contractor for said company

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Who's been buying all this ethereum the past couple of weeks?
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The pumpers who spam forums such as this one.
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>>1047590
The pumpers themselves have been buying? Doesnt seem like a very logical story.
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>>1047593
Yes... Pumpers buy up the supply before selling it. Would ya think of that!

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Hey I'm a first year Finance major. Do you guys have any good books that I could pick up to read to deepen my understanding of the vocabulary and just the general subject?
4 replies and 1 images submitted. Click here to view.
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>>1046833

bump, I would also like this
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>>1046833
This will sound dumb, but go pick up a for dummies book on finance or investing, or both. Seriously, those books are actually pretty damn helpful.

Also

>The Intelligent Investor
>A Random Walk Down Wall Street

Two different approaches to investing that I'd recommend anyone new to the subject read.
>>
I want to know bump

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http://www.cbc.ca/news/business/sean-cooper-mortgage-debt-1.3402026

>Not wanting to face a lifetime of debt, Cooper sacrificed three years of his life to pay down a $255,000 mortgage on a $425,000 Toronto home he bought in 2012.

> He worked up to 100 hours a week at three jobs: pension analyst; financial writer; and supermarket clerk. Naturally, the bachelor's social life suffered. Cooper also lived like a pauper, maintaining a strict budget and residing in the basement so he could collect rent on the rest...
Comment too long. Click here to view the full text.
91 replies and 10 images submitted. Click here to view.
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>>1045040
Feel sorry for the guy working like an animal for an expensive house. Had he worked as hard these last years living at his parent's house(with 100 hours per week you have no life anyway) then very soon he could probably buy 2-3 houses for that money.
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>>1045040
>Cooper sacrificed three years of his life to pay down a $255,000 mortgage on a $425,000 Toronto home he bought in 2012.

>$425 000 Toronto home

I would love to these this. Literally every single home in Toronto is 1 million+.

>Pay off $255k in 3 years
>"Just earn $85k/yr after expenses and taxes bro! It's easy in today's economy except that skilled professionals work...
Comment too long. Click here to view the full text.
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>>1045040
I wouldn't waste my years like that 2bh.

But good on him, at least he did something instead of being lottery cuck.

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Hi there,

I have recently launch a website called www.trenatics.com. However, i have problems trying to get beta testers. Would anyway care to share their experience to get testers or the initial traffic for their website.

Thanks.
3 replies and 1 images submitted. Click here to view.
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>>1047512
I'll do it for bitcoin.

How much are we talking?
>>
>>1047512
I'd call it well designed but the look needs a bit more modernization, and for the love of god change how the login button looks, it's an eyesore
other than that the website's pretty solid

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