>>1044474 Land is always where the actual value is on a property. If you dont intend to live there then yeah buy land. Then go to google earth and look through the satellite imagery history slider and find the development patterns for specific areas. then buy in front of where the development is heading.
>>1044501 yeah thats what i was thinking. find a good spot where development is likely to be, and then lease or sell the land to companies. ill certainly have to look the history slider though, i didnt think of that. is there an area you would recommend starting at? Ive heard riverside, CA is a decent spot.
>>1044446 Not exactly. If you're looking to invest, I would just DCA when the S&P falls below 1500. It's too difficult to time the market when the fed is still pushing QE and engaging in stock manipulation. The problem is that stocks might not decline below 1500 for a year or even two years from now. It could even be a decade from now.
You want to keep a table for inventory and sales at the very least. Each table breaks down the respective transactions into their smallest components. For example, I track item price, tax, fees, insurance, shipping vouchers, shipping cost, refunds, etc. Then at the end of the year (or tax period), all you really have to do is sum up some rows/columns.
Now I over complicated this and did it in SQL Server with some fancy calculations to calculate item cost on the fly to determine a gain/loss on every sale and print out price sheets and a ton of other things. But you can still do the core functionality (how much did I make this year, how much tax do I owe, etc) with Excel or another spreadsheet.
You definitely want to keep a box with all of your receipts and invoices. And you definitely want to keep a backup of your spreadsheet on CD/SSD/paper or something. Just in case because the IRS can audit you a few years back. May be naive here but I expect an audit isn't such a horror story for people that A) aren't immediately hostile towards government and B) are organized enough to prove profits/losses.
A CEO is the highest ranking employee of a company and reports directly to the board of directors. Chief Executive Officer of a company has the responsibility of ensuring that the company is profitable and that the company is always steered in the direction of growth. He knows he will find favor of his bosses (the board of directors) only as long as he keeps raking in profits. CEO plays the role of a visionary for the company and rest of the employees look up to him because of his leadership abilities. In reality, he is the link between the board and other managers of various departments of the organization. CEO is the ship of the captain and oversees the performance of the managers and also devices strategies to help the company achieve its goals.
The President is always next in command to the CEO in the chain of management. The CEO puts the responsibility of running the operations of the company on the shoulders of the President. President it is who has to oversee day to day operations, sign the checks, and see the availability of raw materials and so on. While the CEO has to deal with the investors and media, it is the President who keeps the business running, doing all that the CEO asks him to do. He is the guy who actually runs the show under the guidance of CEO.
>>1044392 In the company I work for (a global corporation), the president is (in my opinion) more of a mascot.
The CEO is a link between shareholders and senior management and appoints / oversees senior management. Senior management makes day to day business decisions and these trickle down the management ladder to the common worker. There's about 8 levels of management (managers managing managers) between the CEO and the common worker.
What does /biz/ think about the importance of IQ in financial success? I have an iq of 131. (according to the test administer that could be an underestimation tho). Assuming I put in the effort, how far do you think I could go?
On the balance of probabilities, it isn't very important.
The surest ways to financial success are,
1. Earning more than you spend 2. Investing savings sensibly.
Number 2 doesn't require that much intelligence. As for number 1...spending less doesn't require that much intelligence...earning more is where intelligence can come in to it...but even that doesn't correlate very well.
Why do people network so aggressively? How do I get noticed when I couldn't care less about recruiters that don't care about me?
My classmates crawl over each other just to get face time with recruiters for a chance at a 50k salary job.I have no motivation to compete with them. I don't want to look vulnerable for a shitty job.
I have much better offers from other industries but I can't really bring that up during networking. If you're wondering why I don't just take my better offers, it's because I don't want to work in finance anymore
>>1044310 I'm extremely competitive, I'm in the top 10% of my class at a top 20 school that is heavily recruited. Our career services know me by name and often refer me to recruiters when they ask who they should look for. I get invited to our school's networking trips all across the country (canada).
As long as I don't have to stroke my dick in front of others, get me one on one with recruiters and I shine.
I don't want to work for a company that values someone based on how well they... Comment too long. Click here to view the full text.
I recognize how cocky I might sound, but I'm just not a fan of this recruitment process. I like developing a network through natural processes instead of attending these "networking events". It's literally just a dick waving contest.
Let's say I have the very very strong theory that the Chinese economy is going to collapse (specifically the housing market) in the next two or so years and lead to another global recession. What type of stocks should I look at going long on to take advantage of such an event?
shoes like nike reebok. most poor people around the world have either one pair of shoes or no shoes. the last big growth has brought millions out of poverty. the first thing they buy are shoes. whatch nike during a global recession the demand for shoes will drop.
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