Hi. I'm a university student in Canada and I have quite a fair amount of cash saved at home. It's not from anything illegal but but I should probably deposit it into my bank account soon. I'm hesitant to deposit it all at once though just because I heard if you deposit too high of an amount you need to fill out paper work and stuff and it just sounds like a nuisance.
>>1045512 Just claim it on your taxes. As long as it's not illegal or sketchy in any way you will have no problems. They're just obligated to notify the CRA about it and maybe keep a closer watch on it.
>raising red flags I think it's 10K in Canuckistan but probably depends on what type of the file the spooks have on you. The technocratic Inquisition is on! Race to remove cash and all that, go all plastic!
>>1045504 "Overall, I think these [high] sales will be stable for at least the next three or four years," he said. "And we continue to see an upside potential. The only threat to SUV sales might be increasing gas prices, which seem unlikely."
>>1045566 Yeah I wouldn't. Full on satellite spy tracking, remote disable, chips in every component (to prevent theft) so very expensive replacements when things start to inevitably fail and poor reliability.
If you want to be hands off, you have to hire a property management company to manage your properties. You can expect to lose about 10% Gross for their services.
You are also responsible for all taxes, repair costs, and misc costs and fees. You can expect this to be around 20% but it very greatly depending on location and age of the building. The more densely populated the area, and the older... Comment too long. Click here to view the full text.
>>1045468 Maybe a little bit but I reckon it's heavily outweighed by the pros of not being concerned with money ever again.
The difference between: >Ok well I have $2000... Let's see what kind of vacation this kind of afford me if I filter by <$2000 inclusive resort + planeticket on vacation site...
>I am just going to vacation in wherever I think is best from personal and online reviews, do whatever I want and how ever long I want there AND whenever... Comment too long. Click here to view the full text.
Hey biz/tards. I've been browsing this board for about two years now and this is my first post. I'm an American with a healthy inheritance and so far I've done pretty well for myself with long term value investing. I'm not overly concerned with recent stock market activities but I anticipated warning signs and pulled out of the market about 80% in mid December. Obviously, I'm trying to catch the falling knife. Throughout the past few years after sifting through the shitposting I've seen some astute observations about economic conditions on this... Comment too long. Click here to view the full text.
I anticipate 20-30% drop in the S&P, but I am positioned to capitalize, based on cash reserves, on up to a 45% drop in the S&P (I'm a conservative investor). That is on top of what has already occurred. I think that most of the commodity devaluation has already been calculated into the market values we are seeing right now. So, I anticipate an minimum Overall of 20%, a maximum of 30% but based on my understood ignorance I am prepared to benefit from up to a 45% decrease in the economy.
Disclaimer: I won't pretend to be an expert on macro-economic... Comment too long. Click here to view the full text.
My father recently wanted me to help with a website called GoFundMe. He badly needs a new wheelchair, but I am not here to ask for money, as 4chan explicitly asks not to do. I am here more asking for advice on how to help spread my father's campaign. Thank you for any assistance you may provide, I am mainly looking for ways to help this campaign
Lately I've been thinking about buying a bunch of second hand vending machines. I figure they literally just sit there and make money off lard asses who want an overpriced can of coke. Is this a good idea? Is it difficult to find a place to set up a vending machine? I figure most offices and schools would be cool with it if I gave them a cut?
It's a huge pain in the ass to find a single place that isn't already occupied by vending machines.
Once you find that place you have to cut them in (the school, work, club, wherever) about 15%+ or pay them a monthly fee.
After all that's done, you have to transport these huge machines to the locations, and pray to god people don't fucking rekt them kicking them open or damage them. Because then you're fucked.
Okay, say you finally have 6 machines set up. Well now you need at least 20 hours dedicated to refilling and maintenance and money collecting on these machines, every week.
And a lot of the time, the earnings are fucking nothing. $10 profit on a machine is a good week. $10 fucking dollars.
How you calculate profit after all the trouble/gas/refilling/etc of these machines? Well that's up to you.
Also you have the fact that new vending super companies like the Avanti System, that use debit card payments, have video cameras, and unbeatable prices because they are mass stocked, will kill your business.
Fuck OP. Vending machines are a worse investment than fucking coin operated laundramats.
I wouldn't even bother with it. You'd have better luck selling candy bars from a shack at a swap meet or something.
Alright /biz/ i have a question. I want to build credit, and i have a credit card, what i do is use my credit card for almost everything (anything over $10) and i immediately go online and pay it off. I heard this DOES not improve credit score. Is this true? Also credit card/credit score general i suppose.
Alright hear me out /biz/, I've got a plan to make it into investment banking and I want you to tell me why its shit and how I can improve it. >go to some undergrad, major in math while taking economics courses >get internships and suck dick to get rec letters while getting a good GPA >exit undergrad early if possible if not spend more time networking >get a job as a financial professional for 2-3 years, while investing and making my money grow Comment too long. Click here to view the full text.
I'm not versed in financial nomenclature well enough to articulate something that is frankly starting to piss of the community, buy/selling/trading retro gaming consoles.
Some of you may be aware of some games like Earthbound that are going for 200 dollars on ebay. Well now this sort of insane pricing has bled into all sort of other areas.
Almost all retro gaming goods are marked up 30% from recent value. A lot of obviously not rare games are marked up to ridiculous amount. Is this the result of supply and demand? Because I actually... Comment too long. Click here to view the full text.
Thanks for the reply anon, I did not know of this term.
Further questions: Why are they appreciating? They are NOT "rare". For example, the nes sold 61 million units world wide. NES is extremely common. Why is it price so high now? Why does it appreciate? Can appreciation be faked/manufactured ?
What one man thinks doesn't really make that much of a difference in the big picture. I am still optimistic and plenty of others are as well, including people with even more influence and knowledge than Hearn.
Just within the last couple of days things are looking quite bright as a lot of users and miners are expressing support for Bitcoin Classic, which can break open the increasingly worrisome Bitcoin Core development team and its censoring and arrogant influential supporters, and thus demonstrate bitcoin's anti-fragile construction.
>>1045350 >Couldn't really cash out his share whenever the coin was above $1000.. and feels majorly butt hurt. >Sells all of his bitcoins before quitting. >Talks about how Bitcoin is nothing but a failure blablabla. >Waits about a week for it to bottom out. >Buys back at a much lower price and waits to ride it back to the moon.
I'm about to buy in... Comment too long. Click here to view the full text.
>>1045350 It failed the minute a few rich people in China got 51% of the mining power. We still have no idea if they were colluding or not. Even if they weren't in it together somehow, no one realized that the largest communist country in the world had effectively committed a 51% attack until it was too late. We would have realized the attack sooner had we not been sucking Mt. Gox's dick on potential $1000+ per coin valuations.
As was said in his Medium post, Bitcoin began to suffer a lot of things related to... Comment too long. Click here to view the full text.
Does anyone have any good suggestion for software to use to manage a portfolio? I can login online on the company's website and view it, but I'd like to have a separate software so i could set up different scenarios and see what the differences would be.
>>1045344 I don't see how this deliver success in my country people still reads newspaper, i had the idea of banner ads but not filling the website this lame publicity that makes people hate it, and nobody browses web pages anymore, people nowadays thinks that facebook is the whole WWW
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