Hi /biz/,
Going on a student exchange to Moscow, Russian Federation in February and have almost 6000 AUD saved already. I have already been offered an informal job to teach English at a school by a friend, but I'd rather not and just look for jobs to come back to after my exchange. I would preferably like to work outside of the whole teaching English thing.
I have a few questions that I think will be best answered here than anywhere else:
-How do I preserve the value of my humble $6k? Am already with citibank and only really have to worry about the value of the rouble.
-How do I get into the right circles to get a decent job? I have many friends there but they're all quite young.
>I have many friends
>>1016208
>-How do I get into the right circles to get a decent job? I have many friends there but they're all quite young.
If you are a Burger, you are fucked. If you are an European you'll have it easier. If you are a Slav, learn russian and do as Russians do.
>>1016251
>AUD
Should I do Texas A and M Galveston's Marine Administration Program is that just another useless degree. They also have a 5 years Master and Bachelors Program where you get Masters of Marine Administration and Logistics. Is it worth it or will I just be racking up debt only to go back to lifeguarding.
I am 21 now.
I recognize that I have a limited amount of time and cannot be wasting it and need a REAL CAREER with advancement. I already got 39 college credits at community college and a few lifeguarding jobs under my belt I can use as references.
>marine administration
Literally what.
>>1016204
The people that run ports or does office work behind the scenes in Maritime companies. As long as there are ports they will need people like these.
>>1016207
or computer software to do their jobs
Get the meme-CS degree
How many pages should the typical business proposal be?
My idea is to set up a small team operation that will acquire the license of an existing product (in this case, a foreign language book) which is then sold via digital distribution backed by pre-order demand. It would involve four major steps (acquisition, advertisement, localization, distribution) and about two to four workers including myself.
Any advice about the process of enticing investors is appreciated, I'd like to hear about about personal experiences involving investors, proposals, etc.
Keep it simple.
5 - 10 pages
First year Finance student gracing you with presence. Though I don't do autographs I'm afraid.
Which of these future job prospects does /biz/ regard as the least 'meme'? Thanks.
>>1016105
Internal Auditor.
>>1016110
That definetely most came to mind, but I wasn't either convinced that I'd be apt for how sociable it's outlayed as.
>mfw actually entered finance to not deal with the "people skills" bullshit
What is the minimum number if hours I should work per week so that I can tell that my failure to be a millionaire is not due to my work ethic.
100
>>1016059
As many as you need to keep your house up, put some money into savings/investments, etc.
Spend less, enjoy life more.,
>>1016059
>40 work
>20 productive hobby or sidejob
If a site has a monthly subscription < $10 for content, what would be a typical chargeback rate?
What do you mean? What type of content? Netflix type shit? Or music? Or is it a subscription to watch bondage porn?
Need more information. How many customers do you have, how long have you been operating, etc etc etc
>>1015995
How easy is it to acquire most or all of your product and then cancel?
Because I'm pretty sure people who dump porn images from pay sites charge back like 100% of the time.
content will be unique tutorials in a professional industry. no porn. I'm considering dripping in the content to avoid people joining downloading, then running.
These are the inflows of energy-related funds (i.e. oil).
These are the worst performing mutual funds of 2015.
Do you see a pattern here?
Stupid people act like a herd, put a ton of money into something (2013, 2014) and then it crashes because herds always get slaughtered.
Does anyone here have an app with a lot of downloads? I just released something and its barely getting any traction. How did you promote your app?
I already contacted some journalists and even smaller newspapers want $1000 bucks for an article, which is way over my budget for this thing.
what's your app
buy an add on 4chan
make hiroshimoot happy
>>1016078
ad*
So with the fed raising interest rates what are traditionally the moves to make?
Are we to just accept that things will be tighter and we will make less money or is there any kind of silver lining to it?
Im pretty upset, I had an opportunity to invest directly in some oil wells and then oil crashed, now I have been trying to get a good deal on a piece of real estate and rates are going up. I feel like a boat missing piece of shit right now. Feels like all the parties are ending as soon as I have saved up enough money to do anything.
What do I do now /biz/?
Pay more careful attention to what's been happening to the money supply than just interest rates anon.
>Fed is loaning money
>Buying bonds back
>Letting interest bearing accounts be opened up by banks at the Fed
>Give more interest than they charge
>Doing this to "keep money from circulating"
>Basically handing out free money to major banks while not fighting unemployment
>The "raised interest rates" just means that the subsidy is probably coming to an end
>Delayed reaction as money that was not previously circulating is pulled out of accounts at the Fed and circulated, triggering the money multiplier
It all depends on whether the Fed lets big corporations keep on making easy money or not. They sure as shit haven't been fighting unemployment.
Has anyone here ever applied for a job listing online and then gotten a reply that is obviously some sort of scam? What do you do about it?
I just applied for a job on craigslist, then almost immediately got a email about it with Indian-tier grammar asking for all my personal information and a lot of weird shit. When i checked craigslist the ad had been deleted. I called the phone number in the email (Which said text only, with an out of area area code) and got a voicemail for someone with a different name then the one given in the email.
Is there anything you can do about things like this or just ignore them? I sort of want to report it just to see what happens.
I'll post the email if anyone is interested
>>1015864
Got one Indian who cold called and aggressively asked for my passport or drivers license # before I even knew anything about the position. Told her to fuck off. She still had the gall to email me 10 minutes later.
In your case, I'd probably just watch out for any sort of identity theft. It's also quite possible the job was legit and they simply filled the position. Recruiters ask for all sorts of shit.
When I was about 15 years old, I applied for a job on a reputable online jobs board. the vacancy was seeking somebody to work from home doing data entry. the organisation was supposedly German.
they put me to work straight away, and I did a bunch of data entry on a spreadsheet for them. didn't seem too suss at the time.
got paid a week or so later, but before I could spend the cash, my account got frozen by my bank. It was reported that i had stolen funds in my account. Turns out, the company had paid me with funds that they had stolen from a random someone's account. In my statement, the payment read like it was a domestic transaction from one personal account into mine.
I had to go in for a meeting with my bank and hand over evidence of my correspondence, and get it all witnessed by police etc. I was pretty young at the time. I remember being mostly pissed off that the jobs noticeboard would advertise a scam. lesson learned.
Hypothetical question: let's say you gain insight into the future and become almost certain, that the at least moderately wealthy people from your generation will live at average 200+ years (some possibly much longer), if they dole out cash for various procedures later in life.
How does that change your outlook on investment and your business? Which financial tools become more and which less attractive for the long, looong haul?
Land, Logging and Mineral Rights, farmland, and other raw resources.
Modern Structures reach full depreciation, and are less good. population demand might outstrip this though
Technology will advance highly with high level experts needing to work harder longer.
As such corporate equity is more volatile over the long term.
Multigenerational family run companies are now able to run by a sole member, the enlightened head of the family. So gifted individuals are more highly prized.
Water rights
consistent gambles in biotech.
Still depends if societies accept this and the physical and mental state of the old farts.
>>1015816
Won't basic stuff like raw resources devalue in the future?
>>1015822
If you want specifying let us assume it will be via extension of regular medicine. There won't be any flashing lasers or miracle elixirs to rally against in some kind of pseudo-philosophical luddite/lumpenprole rage. Just a bunch of different therapies treating various age-related problems and frailty. Lets assume the optimistic scenario, where younger generations don't go full retard, ban access to excellent health and slash their own life expectancy, because muh fee fees.
Anyone know a good site where I can use Paypal money to buy Amazon card codes to be sent to my email? No Gyft suggestions, please. Thanks.
Why? try pcgamesupply.com and giftcardsupply.com I think it's called
I just graduated university with a finance degree and I have a lot of internship experience under my belt (Buy-side credit internship 1yr+).
Should I immediately start applying for investment analyst jobs or is there something more junior I should do?
>>1015664
*most recent internship in buy-side muni credit and has gone over a year
>>1015670
Apply for every job you can and if you get multiple offers take the highest salary
this shit isn't rocket science
how did you not figure it out on your own? Oh right, finance degree, dumb as shit.
>>1015664
A 1 year internship and you never asked the bosses how to get their job? Shit man, that was my first question I asked during my job interview and he explained the whole path he took to get where he was, starting from my position. You had a year to do that?
Is this true /biz/?
https://www.newscientist.com/article/mg21228354-500-revealed-the-capitalist-network-that-runs-the-world/
Previous studies have found that a few TNCs own large chunks of the world’s economy, but they included only a limited number of companies and omitted indirect ownerships, so could not say how this affected the global economy – whether it made it more or less stable, for instance.
The Zurich team can. From Orbis 2007, a database listing 37 million companies and investors worldwide, they pulled out all 43,060 TNCs and the share ownerships linking them. Then they constructed a model of which companies controlled others through shareholding networks, coupled with each company’s operating revenues, to map the structure of economic power.
The work, to be published in PLoS One, revealed a core of 1318 companies with interlocking ownerships (see image). Each of the 1318 had ties to two or more other companies, and on average they were connected to 20. What’s more, although they represented 20 per cent of global operating revenues, the 1318 appeared to collectively own through their shares the majority of the world’s large blue chip and manufacturing firms – the “real” economy – representing a further 60 per cent of global revenues.
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
Paper
http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf
Forbes linked the same research
http://www.forbes.com/sites/bruceupbin/2011/10/22/the-147-companies-that-control-everything/
Yes and no.
Imagine you're a bank and have billions to invest. Then you can pretty much buy lots of businesses. But you don't want to buy them and get too involved in them, you just want to spread your risks around. So you buy chunks of thousands of companies.
And all major businesses do this. Banks, insurance companies, pension funds, oil companies, big tech companies, food companies etc. They cant just keep sitting on their cash, they have to do something with it. So you end up with a couple companies that own everything on paper.
Buying companies too fast might inflate the prices so you want to avoid that. But selling the stocks might be just as troublesome as that means you might crash the market value of the stocks of that business. And the stocks will be worthless before you sold everything. So you just hold on to your investments. Or buy/sell them very slowly.
Power law distributions are just a fact of nature
>>1015644
how hard could it be for all the 147 companies to coordinate their actions and control together the rest?
WHY DID YOU TELL ME TO BUY GULDEN, /biz/????!??!?!
IT HAS FALLEN SO MUCH IN VALUE
WHYYYYYYYYYYYYY
>>1015583
he he another one of those fake money scams.
Did you actually really fall for these scams?
>>1015583
Nobody told you to buy gulden.
Every one of those shill threads was full of people attacking the OP. Do you even read?
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