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Archived threads in /biz/ - Business & Finance - 751. page


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/biz/ I am a humble young man man wanting to make smart investments for his future via stock market trading. how do I go about getting started? I've been gathering info on here and various other websites users post when replying to some specific post but it is really quite overwhelming for someone with 0 experience in this field.

So I'm here requesting that you give me a website, a book, a magazine, a blogger or whatever that will tell me all the basics, and from the basics on to the intricacies of the stock market trading world.

And my question to you /biz/ is, how did you start out? How did you learn what to do, and what not to do?
Thanks
8 posts and 1 images submitted.
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>>1031326
Are you in college OP?
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>>1031364
yes
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>>1031326
Try A Random Walk down Wall Street. It is helping me develop a healthy skepticism to what others are saying and encouraging me to do the research myself.

Hey /biz/, since MoneyPak shut down, what alternatives can someone use that are semi anonymous (like MoneyPak) to do every basic thing without having a bank account. i.e. Paypal, Ebay, etc.
4 posts and 1 images submitted.
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>>1031097
Can't visa gift cards do this?
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>>1031097
Vanilla One cards are non-refillable cards that don't require registration to activate. You will need a phone to activate the card by calling in.

Although if you want to make online purchases you probably will need to register a billing address/zip code.
>>
but moneypak was reloadable
can these be reloaded?

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hey /biz/raelis, i want to start trading using some sort of an app / program / website.
any recommendations? can i pay thru paypal aswell? thanks for all the help. boobs in return.
8 posts and 0 images submitted.
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shameless self bump
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Scottrade?
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Piratebay is pretty good

ITT: ask a Forex trader anything...
116 posts and 10 images submitted.
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>>1039958
Did you ever made more than 5% in a year?
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>>1039958
Why did you fail high school?

Was it too hard or are your parents meth addicts
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>>1039959

Yes, I have. Although 24% per year is my current target.

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I'm 22 in Everett, Wa. Making $13/hr currently. I have $11k saved and my supportive parents want me to save it to buy a house which so far I have not spent any of it. Well where I'm currently renting the landlord wants me out by March. I'm so far looking into Condos but I am basically being blown off by realtors and lenders alike by my pathetic income, not working full time fore a year yet, and my measly budget (one pre-approval of $95k) My parents will gift me the rest for a 20% down payment but they still want to hold off on co-signing which makes no sense given how fast I need to move out. Apartment payments seem about the same as owning a home. Is a condo really that great of an investment? I'm starting to feel like taking an apartment and look next year to be taken more seriously, maybe try using my $11k for something else to try and make use of it somehow. What do you think?
27 posts and 3 images submitted.
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>>1039911
I'd always advise renting at your age, particularly since you don't make oodles of cash and your economy's improving. If you get a great job offer halfway around the country, not having a house where you are would be a godsend.

Source: 29 and still renting, but I'm in Canada where the answer's a bit more cut and dried..
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>>1039948
I don't think I'm going to get any job offers out of state.
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>>1039911
you really have to ask yourself if you're ready to want to be a homeowner. Google up some homeowners stuff and ask yourself if youre ready for it.
Since you're in a situation that needs to be fixed fast, I would suggest renting a place for 6 months and using those 6 months to calmly looking into being a homeowner.

>tl;dr
don't make hasty decisions

So I have a big problem right now, no one responds to my emails.

I cold contact clients via email as my main way of reaching out to clients. The problem is no one returns my emails and I'm not sure what to do from here.

Anyone have any similar experience with b2b marketing or have any ideas on what I should do?
26 posts and 4 images submitted.
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>>1039839
What's the scale we're talking about here?

If it's a small business you're running which sells to other businesses:
- Phone calls.
- Depending on your industry: tradeshows and conventions.
- SEO
- Partner with someone established
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>>1039845
Very small scale, just me atm.

Is it normal for them just to now respond? Should I start doing phone calls or should I widened the net and email more people?
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Unless it benefits them, nobody will respond to emails.

Just the way things work

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I have to commute for 3 hours a day on the bus, what are some productive things I could be doing other than shitposting on 4chan? Should I download some PDFs of books onto my phone and read them? 3 hrs a day of reading is a pretty hefty portion of a book.
14 posts and 2 images submitted.
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>>1039759
>Should I download some PDFs of books onto my phone and read them?
Do this but just buy an el cheapo tablet to do it with. The phone is going to strain your eyes excessively.

>source: I used to hop on a plane every Monday and Thursday
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>>1039759
Play 3DS, get street passes, live life.
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>>1039772
Ugh I guess I'll do that. I do have a cheapo tablet I was messing around with.

Brb reading like 10 books a month effortlessly desu.

Hello /biz/

I know this is probably not the place to ask for advice but I have a big decision to make regarding my future and you're the audience I would like to get opinions from rather than /adv/.

Basically, I've finished high school 3 years ago and I've always done fairly well in school, especially in mathematics and general science/logic/problem solving areas. However, I've yet to do anything productive or challenging ever since. I started backpacking and been travelling the globe for years now financing myself with mundane labour and service jobs. I do very much like my lifestyle and I really can't see myself committing to 3 years of university any time in the near future, but I also know that I don't want to keep working shit jobs for years to come.

So recently I've sat down and tried to figure out what I could teach myself in order to be able to make a decent living working from my laptop anywhere around the world. I've done research on several options such as online poker, internet marketing, web design and programming but I'm unsure as to what would be my best bet in order to be able to earn a living from it within 1 year of self study starting now. I'm most interested in programming but I also think that's by far the toughest route to take. Also, I'm a lazy cunt and procrastination is a big issue for me so I'm just stuck here trying to figure out my best plan of action rather than actually getting to it and learning something so I'm hoping this will be the kick in the ass that I need to get rolling in the right direction.

So my question to you would be if you were trying to teach yourself a skill from scratch with the goal of being able to make a living from it within 1 year of self study what do you think your best bet would be? Where would you start? What resources would you recommend?

To give you some numbers, I'd plan to study at least 2 hours a day on average and I'd be more than happy if I made 1000-1200 USD a month.

Appreciate your opinions
20 posts and 2 images submitted.
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>To give you some numbers, I'd plan to study at least 2 hours a day on average and I'd be more than happy if I made 1000-1200 USD a month.

2 hours is fucking nothing, don't be such a lazy cunt. Get some caffeine pills and theanine and prepare to be an adult.

Programming is the no brainer here. If you are actually good, you will be swept up and make far more than what you mentioned.
It's also the most interesting too, even according to you.

Build a programming portfolio and take it seriously.
>>
learn a computer language. Start off slow with something like Codecademy and think of something you really want to create. Lets say you want to make the worlds best calculator (just an example) Program it, put it on a few software market places, and use it as the cornerstone of a portfolio. Then make another program, and another. Within a year or 2 you will not only know the language well, but also have a solid portfolio to show off to prospective employers.

Pick a niche. Java and C/++ developers make good money. Amazing money can be had in archaic dead languages as well. Cobol and R are 2 of the highest paying developer jobs simply because schools stopped teaching them a decade ago and they are now legacy software in large enterprises. AS400 programmers make pretty good money as well for the same reason.

I wont say the name of the company, but they are 1 of 2 long term care pharmacies in America... their entire system is built on a 30 year old AS400 suite. When they looked at transitioning to EPIC (another great system to learn. Certified EPIC integrators start around 150k a year) it was determined that it would take 4 years and nearly 900 million dollars. All plans were scrapped and to this day there is no serious talk about moving to anything other than their 30+ year old AS400 software
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>>1039244
go to uni for computer science?

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Whats your niche / have you turned a profit from trading?
16 posts and 2 images submitted.
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making a few cents that you can only spend on games

why?
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No, look into it, actual trading can bring in real world money
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>>1039127
yea i've been interested in this but unless you are doing it on a major big (with bots and such) then it is really not worth the time.

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Could the economics of Star Trek work in the real world?
46 posts and 6 images submitted.
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No.

They had Replicators that turned unlimited energy into matter.

Star Trek Economics would not be a reality until the human race has those seemingly godlike powers where we can turn light and vibration into matter.
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Who mines the dilithium?

http://hotair.com/greenroom/archives/2009/05/15/who-mines-the-dilithium/
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>>1039045
That's a horrible blog post from a very ideologically partisan individual who clearly lacks a good understanding of the Star Trek universe. They have an informal social currency based on a person's reputation.

Everything is "free" in the monetary sense, where people will give you what you ask for without charge because it makes them look good. However, if you're an asshole that abuses the system and demands a lot of stuff without contributing to society, people will dislike you and be less likely to give you stuff. People do their jobs in the Federation because it improves their reputation in the eyes of others. Similarly, if you invent some new and innovative warp drive design or whatever, people will honor you much like how we honor Steve Jobs or Thomas Edison today, and you will be granted social riches.

Basically the whole idea is that you can trade your reputation for material goods and services, and vice-versa.

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with canada going to heck and everything devaluing around us canucks, what can a young canuck do to climb out or be ontop of this mess and financial rubble heap?
22 posts and 2 images submitted.
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>>1038989
bump?
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>>1038989
There's no upside for a few months.
Until oil production cuts happen, the dollar and oil will continue there decline.
Unemployment is going to keep climbing.

The BoC will do everything in its power to prevent the housing crash.
They used to be dogmatic about inflation, but house values are all we have left. Once they fall everyone is going to blame the current gov't so expect the libs to pressure Poloz into negative rates.

I have lost thousands of dollars so far and expect the pain to continue.
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>>1039114
so far I have:
0 debt
a good job
low monthly expenditure
month-to-month rental(lease expired and was not renewed)
a couple grand in cash

I'm about as liquid as it gets. Hopefully housing corrects so I have some hope of one day owning a house, which is possible given speculation and chinese money that could be drying up

I only hope I still have a job.

not op btw, just another cancuck trying to live his life

The thing is, while housing has made lots of people wealthy undeservedly, the devaluation is destroying buying power and many people including myself actually reduce spending in this environment because buying power is more important than stuff/easy credit, etc. Unfortunately I feel like we're in the minority. I can only hope my "meekness" will allow me to inherit the earth. Or a piece of Canada

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What the fuck is happening? 1.28?

24% gain in 24 hours? What the fuck?
13 posts and 1 images submitted.
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>>1038756
pump n' dump
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Well, a price increase it to be expected because yesterday the foundation announced they were cutting costs so, Less costs = less dumping to keep foundation running.

That is my theory.
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>>1038778
Current price 89p/Eth

Imo anything under £5/Eth is cheap. Im not even considering selling for any less than £10

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Help /biz/. I work for an economic magazine every now and then and they asked me to contribute something this month. I usually have to write 5-8 short articles on economic topics (or countries) from around the world that aren't covered extensively in the news. So far the only one I got is how the Sanctions from Russia will affect tourism in Turkey but that's it.

Any other ideas? Need to write them by Friday
12 posts and 1 images submitted.
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Sex tourism in South East Asia and the benefits to their economy.
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>>1038710
oh should've mentioned those topics should be somewhat timely relevant to recent news/developments/anniversaries etc.
>>
timely?
Write about how journalism is a good career choice.

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POWERBALL

What would you do if you won? More importantly how does one secure like 600 million after taxes? Securities? Banks? How does one go from impoverished to super wealthy without losing large sums of money due to stupid spending or bad management?
138 posts and 15 images submitted.
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>>1038565

I would literally shit because I didn't buy any tickets.

But thanks for subsidizing the government and keeping my tax rates low.

>The lottery is a stupidity tax
>>
> tell nobody about my winnings
> find someone to manage my money
> live off the yearly interest alone, still enough for me to live the good life
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>>1038575

Seriously though. If one did win, how would they go about keeping it safe and making sure it gets properly invested?

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> ""Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small," it said in a client note. [...] Brent oil prices will continue to slide after breaking through a key technical level at $US34.40, with a "bear flag" and "Fibonacci" signals pointing to a floor of $US16."

http://www.baka.com.au/business/markets/rbs-tells-investors-sell-everything-20160111-gm3ssa.html
22 posts and 6 images submitted.
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Baka.com

Lolwat? What's a fibonnaci signal and a "bear flag"? Post this troll shit on /pol/
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>>1038524
Try, " .baka.com.au " baka, instead of baka
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>>1038524

>implying RBS is not a valid source of market info
>implying RBS investor newsletter is /pol/ tier

Stay poor, pleb

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