Archived threads in /biz/ - Business & Finance - 827. page
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Pic related is one of my biggest positions. Bought some, it went down so bought some more. Bought the last batch today and now I have 900 stocks at an average price of 67 NOK with thousands of euro down of the original value.
I'm in on Sdrl too. Bought a bunch at $10.50 in January and doubled down at $4.20 last week. I-it's bound to recover, right?
Not even close to my biggest loser. No, that spot is reserved for ISH, which I guess just got taken off of the NYSE today and is down another 90%.
Where is a good place to get one of those suicide bags?
>>1008384
nah you're good. It'll rebound
offshore drilling investors on suicide watch
Hey /biz/,
First year commerce student checking in. Still unsure what to specialize in, b/c I like everything I study so far. I was told these books would teach me a lot and help me understand what I want more. What book would you recommend I start with? Is there more must read literature that is not on here?
Also got a side question. It seems to me that one of the most important skills in business is talking to people and whatnot; anything I could do to further better myself in that field?
Thanks!
>>1007769
>karl marx
>starting a business for dummies
>>1007784
you'll also notice it contains the likes of Hazlitt and Schiff who are basically AnCaps, the polar opposite of Marxists economically
you gotta include every school of thought. I'm supposed that Keynes or Krugman aren't on there
Does it work? Can I see good returns? Or am I better off sticking with ETFs?
If you have insider information you're better off picking your own stocks, but if you don't have insider information or a computer network doing calculations you're basically playing a game of complete chance so you should go with etfs to minimize risk.
>>1007183
Worked for me.
>If you have insider information
I don't, I just read the fiscals and the analysts reports from experts in the industry I was thinking of investing in.
30% anual book value. However bear in mind I bought my positions in the shmitah when they were massively underpriced in relation to the DCF's and Graham Nr.s (not necessarily below it, but near them) and in my understanding that is what you have to seek for while value investing, the "sales".
Might as well ask here. How do I start investing? What to read, where to do it, etc? I've never had any education on the subject and I'm from a medical course, so I've had absolutely 0 contact with this subject during my whole life and don't know where to turn to.
Is the secret of those who got rich is to never ask "How to get rich?" and do EVERYTHING by themselves?
>>1006944
Discussing "how to get rich" is a fruitless discussion because no one will ever tell you how to get rich
>>1006945
They'll tell you how. People discuss it all the time.
But once they know, people don't actually do it. They keep talking about it. Endlessly. They don't cut their expenses, they don't work hard or learn more to advance their careers. They just...keep going, always feeling like they are missing some trick. Like there's a post they can like or a tweet they can retweet and the riches will roll in.
Spend less money
Make more money
Pay off debt and save/invest everything you...
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Asking random questions with no thought or direction put into them is going to receive equally terrible answers.
People are either gonna tell you lies about how to get rich, speculate about some way they haven't tried yet, or preach about their own decisions.
No one is going to hand you a pathway to money that they haven't already tried themselves. This is only anecdotal or interesting at best, because "riches" are found by making your own brand and path
tl;dr get of fukchan and read a fukin buuk
![taxes-5[1].jpg](https://i.imgur.com/dOs6wzi.jpg "taxes-5[1].jpg")
I make $3,840 a month. At the end of the month, taxes take away 26.87% of my income. I am left with $2800 to live on at the end of the month. In California. WHAT THE FUCKING FUCK.
I feel like my income is getting raped.
>>1006489
But anon the government needs that money so it can give it to the rich people who own everything.
>>1006489
buy anon how are mothers who got pumped and dumped by chad going to feed their kids?
>>1006489
I make $8,500 a month. At the end of the month, taxes take away 30% of my income. I am left with $6,000 to live on at the end of the month. In Texas. WHAT THE FUCKING FUCK.
I feel like my income is getting raped.
[Robinhood General Thread] -- /rgt/
memes to dreams edition
>Stock Questions & Answers
>Stock Predictions & Forecasts
>Stock Graphs & Charts
>Stock Successes & Failures
>Stock Highlights & News
Visit the website first - www.robinhood.com
*Only works for US citizens right now, Australians can get on a waitlist for the Australian beta
Candlestick App - thinkorswim
Available...
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hope y'all are loaded up on UVXY for black Monday
If you ain't buying OREX on this low you're an idiot.
>new thread
>new ID
How low do you think Gold is going to go?
Would you buy into this drop hoping to profit years later?
Invest in companies that are growing and making highs despite the current market conditions. Don't get why /biz/ thinks catching falling knives is "getting a discount"
>>1003736
I understand that. Im not suggesting anyone go all in with gold.
Gold is at a 6 year low. Was wondering if /biz/ thinks it'll go even lower.
>>1003744
Yes, I think it will go lower.
So what do you /biz/raelis invest in during a downturn? My index funds have been getting consistently btfo and I'm tired of throwing money into a blackhole just so it can double in 20 years.
>>1008724
Dont be a fundcuck. Buy stocks
> caring about stock prices
Come to the light, anon. Dividend investors only care about their dividends per year growing, price can rollercoaster all it wants.
>>1008732
>Dividend investor
>Raped by taxes
Don't do that.
CRASH YOU MOTHERFUCKER
CCRAASSJJSJSHSSHSHSJSHSJSSHSHHSHSH
>>1008645
Pissing me off too.
WILL YOU JUST CRASH ALREADY!?
>>1008649
This desu senpai.
Nearly all my stocks are tanking, lets get this over with.
So I am pretty sure I covered this all on the page but I just have to ask for help.. I don’t have family to pick me up and put me on my feet and I cant do it anymore. For the last several years I have juggled working full time, crippling depression, school, recovering from being raised in a cult masquerading as a church, and working through a mountain of debt because of said things.. I just cant do it anymore.. I need help and am past pride when it comes to asking.. please anything you can do.. Its to the point now where I'm having major panic attacks and literally feinting...
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>>1008539
I used to have alot of stress myself living alone from the age of 19 working and going to school. What I realized is that I was mistaking responsibility for stress, there is a huge difference and the sooner you realize that the easier you will have things become. NEVER have that mentality. "Oh I'm stressed time to freak out" is essentially what you're saying to yourself whenever you feel something bad is happening and it will slowly build up especially if you have no one to talk to. It's really...
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That was literally the nicest thing anyone has said to me in months.. Thank you so much
I'm in the same spot brother, I was actually about to post a thread asking if anyone else has lost a lot of money with bad decisions and made a comeback.
Basically I bought a car from a guy for 7k, found out he lied about the mileage and the car had triple what he advertised, and it has problems he didn't tell me about. Now he says even if I sued him, he doesn't have a job or income so I would receive nothing. I'm fucked.
Anyways, look into mental alchemy and hermeticism. Mindful meditation or occult practices which teach you things youve never...
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Where can I download SAP ERP and SAP Logistics? The cost of the courses is just too high and the software is just too expensive.
>TL;DR Hello /biz/, pls help this /b/tard here, he's trying to get a better job.
>>1008532
self bumping
>>1008532
pls?
You really cant.
Not only is the software insanely expensive (Last I looked a non-customized ERP suite was 70k per seat) but SAP are very very serious about piracy. Ive seen SAP twice in 10 years on a torrent site and it was gone within a day, even on my invite only tracker.
>tfw SAP has a department of almost 1,000 people dedicated to nothing buy keeping it off sites.
FYI most of the courses you take give you a limited time (usually 8 months) seat for free or almost free.
I'm 28
Only worked retail ( Best Buy and Apple)
2 classes away from an Associates degree (in general studies)
I'm thinking about learning a trade (electrician) but that will take 5 years to complete
Any advice guys?
>>1008364
Learn Carpentry instead.
You can build a shack to live in on your retail salary.
if you want to learn a trade, learn a trade.
You're not asking for advice you're wanting reassurance
>>1008364
Apprenticeships typically pay better than retail but lead to higher wages upon completing journeyman test for your licensing. I'm in Texas, picked plumbing as my trade to learn over eight years ago. I switched to a commission based plumbing company in February this year, busted my ass working lots of overtime shifts and overnight calls, and can say that as of last Friday I've cleared over six figures for the year (before tax).
My plan is to get my master's license, open up my own residential...
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Long story short, I'm employed full time and get paid $15.55/hr, I found out I've been approved for a loan, my job pays for my rent, groceries and internet bills but nothing else, now my question is, since I've been approved for a loan, minimum $2,000, maximum $7,500 (my credit score was able to bump the max of 5,000 to 7,500) is the bank gonna pull a fast one and raise the monthly fee?
>>1008304
>15.55/h
>fulltime
>covers rent, internet, groceries and nothing else
How
Why
>>1008306
You'd be surprised, I know I was
>>1008304
Are you saying your job pays for those things for you or that your wages do and nothing more?
Also, why the loan and what fees are you curious about? Like a maintenance fee on the account shouldn't go up because you have good credit. If they do that, tell your bank to fuck itself and go somewhere else. If you mean loan payments, yes. Payments on a $7,500 loan are higher than payments on a $5,000 loan if ask other terms stay equal.
Im Joining the army for money
Am i stupid?
No college credit, just got a GED and some admin work history
>>1007967
No if you plan on going to college.
>>1007967
If they actually let you into the military with a GED you've already beaten the odds anyway.
>>1007967
It really depends. It can get you free college. So in that sense, it might be worth it, as you can use that college education to make more money.
The money likely isn't that great. It's my understanding they get paid more when deployed. So there's that, but the base salary is shit. The good part is the government covers your housing, food, healthcare, etc. If you don't blow all your money on stupid shit you should come out ahead.
Is there any money in bounty hunting as a profession? Dog seems to make money. I would really like to help find this asshole and his mother.
Google "Ethan Couch".
Do you have money to start?
>>1007907
not anymore
you might be able to get like 50k a year
>>1007907
Find new career
