Archived threads in /biz/ - Business & Finance - 733. page
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What tools do I need to make an Android/iPhone application that uses GPS location and its own rudimentary form of social media?
Passive aggressive comments are welcome as long as they provide info.
Thanks!
You'll need an app developer.
Let me warn you though: They're massive tools.
you need to either build it twice natively using XCode for iOS and Android Studio for Android or use a hybrid platform like Apache Cordova or just build out a website and make a mobile friendly layout.
I'd highly recommend the last one.
Hey, /biz/, Canadian Jew here (not kidding, pls no bully). I'm going to Israel for about a month in March and I have about 2500 CAD saved up for it, which should be more than enough for me. However, with the way our dollar is going (they are saying it could go as low as .59 cents US), I'm thinking about exchanging it into USD or NIS as soon as possible to avoid another holocaust of losses.
My question is, should I? Or should I wait? What should I exchange it into? Also, what is the cheapest way to exchange money where the bank won't take a huge cut? I've...
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aren't you supposed be good with money?
>>1038903
Well I'm quite thrifty, my family are poorfags so I probably get it from them.
the best thing you could do is probably convert it to swiss francs, but that is difficult and expensive so I guess US dollars would be better?
Feeling sad as f' bros. Anyone wants to cheer me up with stories from difficult parts of your life?
>>1038825
>be me
>be now
>have many great ideas but not a clue as to how to do them
>mfw
try r9k
You're never going to make it.
Can someone explain to me how commodities and futures/ options on commodities actually works? What happens if I hold a contract to maturity? Do I get a phone call asking when I'm going to pick up my 2000 barrels of oil and 3 tons of corn?
Who actually ends up with the commodities and how?
>>1038799
Pretty much. I held my contract for 500,000 dragon d****** to maturity and now my whole house is decorated with the stuff. Luckily I live in SF so its the most progressive house on the block ;)
>>1038799
>Do I get a phone call asking when I'm going to pick up my 2000 barrels of oil and 3 tons of corn?
No. Your brokerage will qualify you and make you post "margin" at vastly higher amounts until you say fuck it and get out of your position.
To take delivery (or make it) you have to sign agreements and prove you have the capacity to take or make delivery at approved points.
Other than that do research via Google on "commodity markets" and you will...
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>>1038816
So what happens to the commodities with all these home traders when they get into a bad position that nobody wants to buy? They forfeit their margin to the person selling the physical commodity, and that entity is free to resell it?
Hello /biz/nessmen,
I'm wondering if you'd be able to provide me with some books that you think would be good for getting an edge on applying for work in investment and finance jobs in the City.
I'm a law student so I don't have a background in finance or economics and would like to spend my last year self-teaching as much as I can in order to be able to go to interviews with levels of knowledge at least comparable to some undergraduates from finance fields.
I have a book called microeconomics and behavior that's alright. I guess it would help.
>>1038772
I guess you want to join as M&A? To get in there is really difficult if you don't have a finance background. You need to fully know accounting, corporate finance, financial markets, financial valuations, m&a procedures and a large etc.
It won't be easy. People who don't come from a finance related backgroun have more chances as traders. Don't want to demotivate you, everything is possible, but it won't be easy. And btw expect a big focus on the question why a law students...
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>>1038807
I'll look that up, thank you.
>>1038832
Not necessarily M&A, although the legal background would probably be a bit useful there.
Trading I could look at too, but I've no idea how people get good at that before starting the job.
Money isn't the issue, lawyers make decent money here too, starting salaries are bigger than for bankers actually.
Finance just seems much more rewarding and competitive, something that I think...
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Why exactly is oil dropping so low? What are the reasons/events that are causing it to hit the pavement?
Bumping because why not.
google you fucking faggot
>>1038764
Cheers m80 :^)
Is payday/ title lending a good way to make money? You have to deal with the worst people in society, but it looks like a relatively fast way to turn massive profit. How hard is it to collect from people who don't pay up? Do you have to litigate so often that legal fees eat up your profit?
You dont litigate on such a small loan, too expensive. It's literally roulette with people. You sell your bad debt when you get it, which you will. The most important aspect of this is location. You build your biz in a state with friendly laws, in a fairly well to do town. Your better off with title loans, as you then have security.
I noticed you can buy VOO through Robinhood, but if you purchase through Vanguard you pay a percentage fee annually (something like 0.28%). If I purchase VOO through Robinhood I would still pay the same fee, but through Robinhood, correct?
The fee is deducted from the fund itself automatically, you never have to pay anything.
At least that's how it works over here in Europoor and I assume Amerifat is the same.
If I want to own properties in different countries, is a corporation a good vehicle for ownership?
My aims are: protecting my land assets from litigation, inheritance taxes and death duties. I want an indestructible legacy for any children I might have.
But how does one go about using property owned by ones own corporation?
Can you make your family the beneficiary of a non-profit company, or do you have to pay yourself rent and suffer double taxation?
>>1038679
I'm looking into something like this too, of course it depends on the country. But as far as I know, you could just write any contract between the company and your heirs that you wanted. Pay less than taxes in rent, pay for any maintenance through the corp and use the fact that it lost money as a tax shelter...
Before you do too much planning I think you'd want to talk to a tax lawyer of the country you want to do this in. They could advise you better than I could.
Gonna bump this thread a bit actually as I was asking /biz this exact thing a few days ago. The hivemind's creepy on Reddit, but out here I find it fascinating.
>>1038679
An idea I had was to make it not a standard corporation but an educational institution. I think that might be better for tax purposes, but also possible that the 'education perks' get yanked if the student loan bubble bursts and people get fed up with degree mills. Any thoughts on that, likeminded Anon?
i'm indonesia and on my undergraduate business management program and looking for government's scholarship to study abroad.
my performance in uni is bad, so assume that my competence on upper middle-tier in my country.
what's /biz/ recommend for my post-graduate/master university (plus what degree i should take)
also, i prefer uni that use english. and i realize that my english is shit. i need to learn better
self bum
help a poorfag here /biz/ :^)
>>1038701
*bump
also here's the list of uni that government scholarship cover (at point 4)
lpdp.kemenkeu.go.id/wp-content/uploads/2015/03/Daftar-Perguruan-Tinggi-Tujuan-Beasiswa-LPDP.pdf
>>1038674
Something with import-export. Supposedly Indonesia is the next China, so yeah start selling shit to dumb amerilards so that they can resell it to dumber amerilards on amazon/ebay/etsy.
Start selling those d... tubes people in Papua wear on their d's. People in San Francisco would love you.
What does he mean? How is ownership of stocks "backdoored"?
Also, Billions general.
He owns a percentage of Southern Wind.
Southern Wind owns a stake in Lumetherm.
That show sucks though.
Not in any debt or anything but college start in a week and I haven't paid back the 3000 dollars for my college classes. Need the money now so that I can pick my classes, what do?
>>1038663
>what is kneepads
>>1038665
Not bad, not quick enough either.
I freelanced 3 years ago on oDesk.
I'm handicapped now, so I want to freelance again
They merged elance and odesk into something called Upwork?
What was the story?
>>1038653
I guess my 2nd question is, if oDesk was my main freelancing website to use 3 years ago, is Upwork the main one to use now?
Hi /biz/,
today I made 15.000 net due to tax benefits. What's the best way of investing my sheckels?
Ammo
I'm applying to work frontline at banks in my city, what aspects of finance and economics should I read about / brush up on so I can demonstrate I know what to do? I have a BBA but have been out of the /biz/ loop for a while and I went to a shit school that taught barely any finance
Frontline? As in a teller? Don't need to know anything other than how to use their system. No one wants your financial advice. You direct customers to the banks products, not your profound insight
>>1038624
I worked at a library for 2 years using an online system and database, you're telling me that should be enough? A friend of mine works at a bank and he says he's learned a lot from working the frontline, it's not just grunt work.
That said I suppose I should have clarified, I want to work frontline and be promoted from there, so if I know my shit going in then the promotion can come faster. I know working as the teller is not difficult.
>>1038620
Brush up on smiling and not fucking up 3 digit addition and subtraction. If you are already good at both, you're going to get a lot of "you are overqualified for this role".
