Archived threads in /biz/ - Business & Finance - 813. page
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ITT: Would you invest?
Take a look at this graph, and explain, while only using this graph, without image searching it in google, why you would or wouldn't invest
>>1018296
You are asking me if I would invest with only one source of intel over an indeterminate amount of time?
I would not invest without gathering more information.
>>1018300
>You are asking me if I would invest with only one source of intel over an indeterminate amount of time?
Yes. Due to the business being relatively new, this is all they have
>>1018301
There's no information on the X or Y axis.
This could be a graph about beers drank over time.
How long do you have to be self employed before you can get a mortgage? I've been self employed for 9 months and have over $60K in savings and would like to buy a house.
>>1018140
Until you die.
Mortgage = morgue gauge
>>1018140
What need does a house satisfy that your current accommodation doesn't?
>>1018797
I'm currently renting an apartment.
No yard to build a BBQ pit.
Not able to build a shed and workshop.
Not able to park my boat.
Not able to do any renovations because it would only benefit the owner.
Etc.
I could rent a house for $2K/month or get a mortgage for the same value house at $600-700/month.
What's a good blue collar job to train for? Im not stupid but if im being honest with myself I don't really have the motivation or self control for anything more than a year or so of schooling. I just want a job with decent pay without backbreaking work.
Welding?
Carpeting?
Trucking?
>>1018021
am also dealing with the same issue desu senpai
Bump
I'm go with electrician.
>>1018056
I'd*
On second though perhaps I'd be better suited to bricklaying.
How do I make millions off of the misery of college graduates who are $100,000 in debt?
>>1017907
In general?
You get them before their loans are in repayment while they are exploiting their parents' money.
You aren't allowed to carry weapons on most college campuses, so most college students can easily be robbed at gunpoint.
Advertise around campus that you've opened up a new company.
Tell everyone that this company will pay off their debts for them, and all they have to do is pay you a commission rate of whatever the loan's interest rate is, plus 2% every month.
>>1017914
You might as well be a silent partner in a bunch of campus bars it amounts to much the same thing without the illegality.
I'm 26 years old, currently living with my parents. I make ~60k a year, have 20k saved in my checking account, and I have $430 a month car payment to make with like 5 years to pay it off. My question is, what are my best options to make money with the 20k I have in the bank. I'm currently saving for my own house, but I don't plan on doing that for at least another year or shit maybe even two.
I've thought about possibly flipping houses, and maybe having my father be a partner in that seeing as how he used to frame houses, and built his house and did...
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>>1017857
Paying off the car faster is the best way to 'make' money, in the long run.
For starters you could pay off that fucking car. You have $25,800 more to pay? Are you retarded? What is the principle?
>>1017857
I stopped reading after you said you're paying off your car in a 5 year duration at $430/m.
Fucking idiot, don't go broke trying to look rich.
My GPA is fucked atm and I want to transfer out of the shitty state school that I'm at currently. I'm a sophomore with a CS degree plan and a 3.1 GPA. This last semester was very tough on me and I had to drop most of my courses. Not due to partying or anything, but because my father recently passed away and I haven't been able to cope really well with it.
The thing is, I want to try and get a job in finance. Is there anywhere that I can transfer to that offers a good program in finance? Or am I SOL? Money doesn't matter, as my father's estate will pay for it.
selfless bump
>>1017832
>3.1 GPA
>fucked
You, uh, you do know that most bosses don't look at your GPA, right?
>>1017890
I meant to transfer to a reputable college with; not to get a job.
>18
>just recently dropped out of high school because I hate it
>Don't plan on going to college until I have the money in full because no student loans for the rest of my life
>making $350 a week after taxes as a contractor (manual labor) with a family member
>Only paying $150 a month for electricity since I live with girlfriend and her obese mom
>crummy car but I passed emissions with...
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>>1017614
-Don't go to college.
-Learn Java Web Application Development
-Make a web app that people like
-Profit
>dropping out in your final year
>if this was recent you only had half a year left
>if you're American you could've had them hold your hand till graduation
You're pretty fucked cause you're pretty fucking retarded.
I was born and raised near New York City, but I'm trying to move to Charlotte, North Carolina because there's more opportunities there for me to work in the field I want to (Sports Marketing, specifically Auto Racing). I have a few job interviews next month with some unrelated companies, but I got some questions initially about my applying from out of state. Now, I feel like I have to prepare myself for people questioning why I would decide to leave the economic capital of the entire world to pursue a career in a smaller city instead.
I personally know why I'm...
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I left the Bay Area to work in Columbia, SC after I graduated from college at Cal. I make the same salary here working in tech as I would at big time Silicon Valley company but the cost of living is WAY less and the girls in the South are way hotter and get wet for guys from big cities. Couldn't be happier.
Just say you want to see what the rest of the country has to offer you and that you've heard great things about the South, specifically Charlotte. It's a very respectable business town especially for banking.
>>1017642
I should mention that I went to school in the central part of the state. I never wanted to leave, but had to move back in with my parents after I finished because I didn't get hired immediately.
Why aren't you saving for retirement already?
I am. I saved $125,000 this year alone.
>>1017598
9% interest rate? on what fucking planet op
>Spend your money now and enjoy your life, then be conservative when you get older
vs
>Save money your whole life so you can be a little more comfortable when your life is almost over
Yeah, no thanks. Enjoy your pointless cash hording.
I found a really nice location in my city next to a few local high schools. I was thinking that it would be a good investment to open up a nightclub for teens. The marketing would be the word of mouth and people would just talk about it and I would tell friends to hype it up and after the first night, the nightclub would either make it or break it.
I was wondering how much money I would have to invest and if it would be possible to make a profit charging 10-15$ a person a night. The expenses would be lights and strobes and seating such as couches and tables. I could ask for rent to be free until we make a profit since the room hasn't been rented for a while.
The music would be through DJs who aren't too well known but can still play good music so that would be free or very cheap. There's a pizza place downstairs and I'm sure they would offer free pizza as a promotion. Security would be buff friends of mine and an off duty cop just hanging out in the parking lot or something.
It's pretty ambitious and risky, but if it does I'd like some kind of business plan to follow to make sure I don't lose money straight off the bat. It all depends on how many people go and keep going so the first dance would have to be impressionable. It would probably be twice / three times a month if anything, just a giant party but organized and risk free for teens.
>>1017542
Are you retarded?
This idea comes up every few months. I'm not typing it all out again, so cliff notes:
>Your idea fucking sucks
>it will not make money
>everyone who tries it regrets it
>night clubs are terrible businesses
>underaged clubs are worse
> it will ruin your life
>you are a child
>> McY5xy7S
Alright thank you, I just figured it was worth a try. I know I'm a child but sometimes children with a decent idea have a chance at success. Elaborate more on the it will ruin your life, I'm just curious.
I'll put it in greentext as tradition here.
>I am 28
>living in the city of Windsor, Ontario. unemployment capital of Canada
>I dropped out of engineering @ the university a few years ago
>currently living in my mother's basement, going insane and impatient
>I have to pay $2400 to go back to school
>Thinking about computer science, already have some of their courses. possibly...
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>>1017163
Go for CompSci, you wont drop out again since now you literally got no choice. Comp Sci is not just about coding though. Algorithms, datastructures - hackerrank, khansacademy and coursera are gonna be ur friends. Dont wait to start the program, STUDY AHEAD now. Four hours every day at least, get the discipline going. Going to your local bank and ask for a personal student loan if OSAP isnt an option. Good luck.
>>1017173
Is it worth getting a degree now? And I know it's not gonna be easy. Specially since I have no money and have to work for it. I wont get OSAP or student loan. Maybe OSAP after a semester.
>>1017199
Run of the mill programming jobs require a degree. Sure there is a push by Google and recently Accenture to get qualified people without degrees in. But thats aimed at 50 year olds who know their stuff inside and out but never bothered to get one.
Register for a github account now. Start coding and push everything on there so you can use it on your resume. Participate in contests on hackerrank. You'll suck at first but will get better with time. These, and whatever you can think of yourself will be differentiating...
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As someone who knows next to nothing about economics (studying in the health care field) and someone who admires Thomas Sowell I decided to pick up pic related and although I have made it through the first three chapters, I find it really hard to imagine how anyone could be against a free market society in favour for government fixed pricing such as the "fixed rental prices" he talks about and the fixed pricing of food products that causes unnecessary surpluses of food that keep those same food products priced well above their market values.
TLDR; Have people...
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>>1016983
People that support socialism or communism go out of their way to NOT read legitimate economics books.
>>1016990
and avoid logic and reason at all costs
>>1016990
Is this book considered legitimate? I tried my best to find something that wasn't partial to one system or another and I noticed this one is slanted towards capitalism.
Free marketers, how do you solve this without government intervention?
>Company A has a monopoly
>Startup B challenges the monopoly
>Company A drops their prices and floods the market. Startup B fails
>Company A buys Startup B on the cheap
>Company A therefore has maintained it's monopoly
Because it takes a while for a startup to gain economies of scale, they won't be able to compete with the...
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>>1016924
You're oversimplifying the issues
>>1016924
It isn't a problem, it's the whole point.
Well, your example with the Saudis and American Midwest companies holds little ground. If a government regulates something, it is by all definitions, not a free market. And besides, many Saudi companies are in bed with the Saudi government, which would not happen in a free market. Basically, your example only works if the barrier to entry is harder then the barrier to continue, which we have currently, because of government laws. Would not happen in a free market.
Is buying Gold and Silver actually a good investment or just a meme? The price has been tanking recently and I might buy some.
If you live in California your best bet is to go to Mexico with an updatable spot price app and negotiate from there.
I have stocks on ABX, 4% increase in 3 months. If I sold high, I'd have a profit of 8% but I'm holding, it's going up soon.
I've been seeing this shit on the news a lot and was curious myself.
>>1016832
Why? Not OP, and I live in Nevada.
So I had a job with my buddy working search engine optimization and web building for a company. We went in today for a meeting today and were told that we were not able to still be on salary. The CEO wants to independently contract us for projects. He said he wants us to start an LLC and write up contract agreements for pay and other things and he has comprehensive agreements to protect both of us. My question is how do we start an LLC? Is this standard business practice when starting a new company? He assured us we would be taken care of but I am still worried about pay. Where...
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I would first try to find a new job with your skills and then pursue starting an LLC simultaneously if you're gonna do that route.
>>1016844
Our goal is to have the job we were working for as our main contract and then contract out smaller projects as we get going. This is a valuable project and he wants us to begin asap, so we really have to get this written fee contract finished.
