Archived threads in /biz/ - Business & Finance - 853. page
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How much should I put into oil /biz/?
How low can it realistically go?
Supply and demand. How many barrels are filled. Its costing many companies storage. Some companies and methods might go under. Its also priced in dollars which are changing as well. I also don't know your time scale.
As far as speculation plays like this. I use 10% of investment capital. no individual position larger than 1% risked. One aggressive experiment is 2%.
If you're buying shares in US or European oil you better hope that the dollar stays pinned to the Saudi Riyal or you're fucked for years m8.
Warren Buffett has been scooping up oil stocks like penny candy, if that doesn't answer your question idk what will.
I just bought 10 shares of SU (Canadian oil company) at $25.25/share this morning. You really can't buy enough right now. If it goes lower just buy more. Our dependency on oil won't run out just because the current supply vastly outweighs the demand. Eventually we will see high priced oil again, although maybe not for several years yet.
What are some good textbooks on accounting, economics and business management?
Mein Kampf
>google ____ University Accounting courses
>find syllabus
>find textbook they use
Fucking retard
>>989846
>Implying that I'm not asking for the thoughts and opinions from other people.
Piss off.
Starting a small business delivering ice cream 24/7 called "midnight ice cream"
Thoughts ?
Why not open up a little ice cream stand with picnic tables at the end of a parking lot somewhere busy like a mall or shopping center. Hire qt 3.14 girls for minimum wage.
>>989669
Good idea OP there's a successful version of this with cookies near my college campus.
>>989669
it's winter
What is the best way to tell what the job market will be like by the time you graduate.
There used to be a shortage of lawyers in the US, but then the job market suddenly became saturated as fuck! Nobody saw that coming!
Source: https://www.bostonglobe.com/opinion/2014/05/09/the-lawyer-bubble-pops-not-moment-too-soon/qAYzQ823qpfi4GQl2OiPZM/story.html
Nursing/Medicine (Nurse Practitioners are replacing most doctor roles because of cost cutting and lack of Medical graduates), Engineering, Finance, Accounting, and minimum wage/any other major.
Pick 1.
>>989610
Yeah I was expecting someone to say Nursing and Medicine, but unfortunately, I am not suited for these jobs.
>>989782
Can always take up a trade. HVAC is always in demand in the south. I live in Texas and know a few guys in my neighborhood making good money in HVAC.
I want to invest $500, if I lose money on stocks do i still have to pay taxes on that investment?
>>989194
Simple answer, yes. Put it in an IRA and then invest it, and then no I don't think you do.
>>989194
>I want to invest $500, if I lose money on stocks do i still have to pay taxes on that investment?
You're stupid to think of investing with only $500. Build your savings, fund your emergency fund, and then do it right.
But to answer your question, no, capital losses are not taxed in the U.S. >>989197 is a moron.
>>989194
bitcoins
bitcoin fags, and other fags. a question.
If I decide to reinvest some of my monthly business profit into buying terrahash miners would this be a feasible investment. this miners would be considered office equipment thus tax deductible.
>>989043
no.
Do you know basics about mining? Each machine has a % chance of finding a block while they are working, and the reward is worth 25 BTC. Usually this is just barely enough to pay for electricity, but perhaps you can get cheap electricity or deduce tax, wathever, and earn a little.
BUT, from july 2016 onwards, the reward for mining a block will be permanently reduced by half, as it happens every 4 years. Now every miner will only earn 12,5 BTC. It will be years before you earn your money back. If you need...
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OP, if you do this, you're effectively just gambling because you will NEED the price of BTC to go up to ever turn a profit. Why not just buy BTC outright?
Coming from the greatest investor of all times, I command you all to buy oil.
>>989015
No.
To succeed in commodity trading you must buy strength and sell weakness. The market is paying people to sell oil. If you must buy something, buy something that is already appreciating in value: ammunition company equities.
What the hell does that even mean? Don't buy until its too late and the price is already climbing? Its more simple than that to me. Buy at $38 a barrel, wait 2 years and sell at $150 a barrel.
One thing ive noticed about investing is that people always make silly excuses to not buy something that tremendously undervalued...
Eternal IRS hate thread
how is the IRS treating ya goyim ?
bretty gud, i am not an Amerifat.
man I hope she enjoys skin cancer
>>988893
Seriously, bitch looks burnt.
Post your age, profession and what your worth
I will start
>29
>Aerospace electrician
>35k in stocks
>25k in gold and silver
>5k in cash
>22
>Fucking NEET (not by choice)
>-500 in debt and climbing.
I hope none of you top that.
>>986120
>19
> automation engeneer
> 30k cash
> 3k (car)
21 y/o disabled veteran
19k truck paid off
5k stocks
5k cash
4.5-6k gold/silver
I should save more desu I spend too much on dumb shit and girls that don't like me
What was the exact point when you realized /biz/ is good for nothing but satire and memes?
I realized it when I saw that the strawpoll of 500 people showed over 50% being unemployed, with about half of that not even volunteering or being in school.
Also when there is at least a handful of easily Google-able question like right now.
No wonder everyone who knew anything has long abandoned this board.
A lot like /k/
I remember multiple businesses and companies that spawned from our love of firearms. Now its a bunch of kids playing the 300 US Marines VS 10,000 Lions, who wins...game
>>991921
/biz/ has to be the worst of them all though. I guess you can't expect much from a literal containment board.
I guess I'll time to leave. Good bye everyone.
The problem with /biz/ is that a lot of people make threads without looking at the catalog.
Fucking bitcoinshit should stay in one thread. Precious metals in one thread, etc etc.
The format doesn't lend itself to actually making an effort with your postings, and the demographics of the site are piss poor.
Need advice
>be me
>18 year olds
>decide to go study abroad
>why not Finland? Free education and gf lives there.
>live at host family with qt 3.14 gf for 4 months now.
>Spend 4 months getting all documents when suddenly something hits me.
>"wait, why do I want to do this study"
>wanted to apply for international...
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>>991524
Haha, are you studying in Ammattikorkeakoulu aka University of Applied Sciences? It's a meme in Finland, only losers and idiots go study business there. The english name for it is only "University" because it attracts stupid foreigners.
>>991531
Kek dude, I am not even studying here yet. And I have never heard of that school.
However the school I was planning to attend to is kyamk, also shit tier, but I don't think school name/rank matters that much compared to competences and potential.
Disregarding skills and potentials of someone because of the school they went to is just a really stupid generalization so I am not "afraid".
Thanks for informing me on the meme though, did not know about it.
>>991533
Bad news dude, Kyamk is also an Ammattikorkeakoulu. (AMK)
You should consider Aalto IB University in Mikkeli, or IB University of Turku.
Hey /biz/ I want to be a corporate psychopath making heaps of money making other people poor and miserable. I have no morals and no problem doing anything to become filthy rich.
How do I become gordon gekko?
>>991381
>oh my god how underaged are you
Thats the answer to most of the questions about getting rich quick youll get around here
>>991381
I will add
It doesn't take a lot of effort not to be evil or a criminal. Its harder to do things the honest way imo. You're just a bad criminal lol
Thought it would be good to have a bunch of brainteasers that bulge brackets like asking at interviews. Mainly applies to quants, strats and S&T but I know they ask these in some tech interviews as well.
Here are a couple:
You have two non-identical non-uniform ropes. Each rope takes exactly one hour to burn from one end to the other. Using just these two ropes and fire, how can you time exactly 45 minutes?
When the minute hand and the hour hand cross over for the first time after midday, what angle do they make with the vertical? (give an exact solution)
Pic...
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>>991379
Idk. Off the top of my head the second one is 32 degree angle. Amirite?
>>991385
You're close but it asks for the exact answer. What was your thought process?
>>991379
Measure the distance of the rope burning for the first 15 min. Take that distance and put the fire out when the length matches on the other side
If I wanted to become a stockbroker, which fields of study and social skills should I base my time around?
>>991229
You mean advise other people and buy/sell their investments for them?
Kind of a dying gig.
>>991229
Be honest. Did you watch Wolf of Wallstreet?
>>991240
Bingo. No seriously though, I've been taking classes in finance for quite a while now, and haven't been able to settle on a career related to that. Stockbroker kinda stood out though, once I started doing research on it. Kinda like a telemarketer you can trust, no?
Is technical analysis still a valid approach to getting results in your portfolio? I know it was popular in the 80's and 90's but it seems fundamental analysis and price action trading have become the norm.
>>991132
>Is technical analysis still a valid approach to getting results in your portfolio?
>still
>still
>still
bump, i need to know whether it's worth my time to read a book on the subject matter
>>991132
>>991132
