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Archived threads in /biz/ - Business & Finance - 171. page
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Keynesian Economics vs Austrian Economics.

Which school of thought is the right one, /biz/?
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>>1498823
(((Keynesian Economics)))

Good goy, without us controlling the entire monetary system the economy would surely fail!
>>
>Keynesian Economics

Ideas like this all originate from the (((same group of people))) and are designed to be contagious and easy to understand so people fall for the ruse.
>>
Seriously, which one is the RIGHT ONE?

How do I choose?

NO MEMES PLEASE

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Should I sell Amazon? There's no way this kind of growth can continue right? It's got a PEG of 4.0 for christ sake...
14 replies and 2 images submitted. Click here to view.
>>
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” -Warren Buffett.

How much are you up?
>>
>>1498816
Invested at 320 about a year ago, I'm up 1300.
>>
No, you should not sell it.

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How do I earn money?
8 replies and 3 images submitted. Click here to view.
>>
bottle sacred cow urine
>>
>>1498701
>open tdameritrade account
>buy $3,000 dollars of SPY
>make an extra $300 dollars a year

your welcome
>>
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pay toilets

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>be me
>have MBA
>graduate at top of class with perfect grades throughout school
>work way to top of company
>become president and part owner
>sell company to outside investor who has his own management team
>start to look for work

>6 months later
>still haven't even gotten an interview

Fuck,...
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>>1498697
you're overqualified for most jobs and underqualified for the rest.

It's sorta like being a corpsman in the military- your position has no equivalent in the private sector. What is a business owner qualified to actually do? own things I guess.
>>
Adjust resume to show only experience relevant to the positions you're applying for.
>>
>>1498697
Stop applying for entry level jobs then. Or improve your resume and cover letter. Networ more - join a social club.

Too late now but 1. You shouldn't have done an MBA and 2. You shouldn't have sold yur business without a new job lined up.

MBAs are meme degrees which teach no useful skills and I have seen a few people fail when selling their business who think that their experience owning 1 business makes them an attractive candidate when it's usually the opposite

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>I make 300-400$ a month from Youtube and crypto which is not enough to do anything
>Go to college/trade school!
>I'm too dumb/not autistic enough for STEM/economics shit (due the math) and there's no jobs for trades in spain/they pay like shit anyway, and im 27 with no job experience so by the time I finish I will be too old to ever get hired + suicidal due receding hairline
>Go to college/trade school!

I have no options.
44 replies and 5 images submitted. Click here to view.
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>>1498598
Join the
ARMY
R
M
Y
>>
>>1498601
No, I have girl wrists, i'll get bullied.
>>
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>>1498598
If you already make some money with Youtube, why don't you try to increase it? Not sure what kind of channel you have(?) but you could try to get shout outs or make some advertisement. Also if you are afraid that there are no jobs for example for trades then why not moving to other countries for example Germany? There are no borders in the EU.

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Why do half of you fucking retards shill the shittiest companies? I hope all MSTX shills die a slow and painful death.
11 replies and 4 images submitted. Click here to view.
>>
who cared, only other retards would blindly believe an anonymous person on the internet
>>
Seems like OP lost his money to retards.
>>
>>1498588
I just started playing with stocks maybe 10 days ago and so I've only lost a couple of cents but on a larger scale it definitely could be bad. I actually wanted to test waters. My original plan with MSTX is to sell it during hype tomorrow before the conference but there literally is none, everyone is shitting on them. I just don't understand how so many anons can baselessly shill mstx so hard as if they're actually doing something when they're obviously just as worthless as every other money pit.

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How do you cope with boring wagecuck commutingcuck job when there's people out there that make money playing videogames or uploading instagram pics and are free to do so anywhere in the world and they keep making more and more since it's exponential while you are stuck being a fucking cock until you die?
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>>1498535
I cope by starting a successful contracting company 14 years ago and then retiring to travel the world and shitpost on 4chan.

I make money if I go to work, I make money when I sit at home. I even make money when I'm asleep. I'm fucking amazing. I made $10 in the time it took me to type this.
>>
>>1498535
Well. I get to live with my parents and save almost everything after tax which I invest.

Soon I will buy some property to rent out and that should be the beginning of my path to never having to work again.
>>
>>1498548
I made $16 in the time it took to type this by sucking 8 dicks at the same time.

Does anyone here have any info about the British housing market right now? Which direction is it headed? Which direction is the general economy headed?

My father and I are looking at maybe getting into property development. I'm an accountant and he's a carpenter and joiner - I think we'd make a great team. Tips and general advice about property development are also welcome.
16 replies and 1 images submitted. Click here to view.
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>>1498532

property investment, new zealand style

>buy house. any house. doesnt matter
>immediately put back on market (same day, if possible)
>cross fingers that more than one chinese person turns up (a full room of chinese is ideal, but just 10-15 will do)
>sell house in ridiculous bidding war between rich assholes desperately trying to get their dirty money out of china
>make...
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>>1498532
There will be plenty to develop thanks to the immigrants destroying homes in the next few years. Problem is they will be in immigrant neighborhoods and no one will want to buy them after they are developed. Except for immigrants, and selling to them is never fun.

Housing market for actual brits will be similar to how it's always been.
>>
>>1498563
What if there aren't any Chinese people bidding, you can't sell the house and you have to pay interest every month

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>Be me
>Have Civ 5 gifted to me by sister
>Been playing that and Crusader Kings 2 for the past 6 months
This morning I had my first ever Economics class and its all about opportunity costs and exchanging resources.

Anyway post media that has assisted you in your career or education by accident
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>>1498492
>be Spic
>play Animal Crossing
>every time I find a new item I go to my house to see what it looks like
That's how I got to learn a lot of English vocabulary.
>>
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>>1498492
>Highschool dropout in Europe
>Spend my teens looking at funny videos and pictures on the Internet
>Tired of looking at the translated posts on blogs in my language, which always translate the jokes in ways that obviously never works
>Start reading the English version on the websites I always saw linked as source, always having Google Translate on another tab
>Start...
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>>1500123
>learn the most important and useful language in history and then spend all your time jerking off and looking at funny pictures
You're just like a native speaker.

Hey /biz

Not sure if this is the right place to complain. Whatever, he's a little story for you.

>be me, mid30, trader in a small HF (CEO who also takes care of investors,research analyst and me)
>every now and then we hire an intern for 3-6 mths
>they support us with annoying admin stuff for little pay, in return they get a peek into the industry ->win/win
>this time, it's a girl
>smart, good grades,...
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>>
L O L
>>
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>>1498232
I mean if she is a hot girl in finance, can you really blame her? There is so much testosterone flowing on the trading floor, people try and fuck the 40 year old secretaries.

Maybe if you had explained the situation better instead of whatever cringeworthy response you gave, she would have just said "Oh, haha sorry, of course I can go to lunch Anon!" Now she probably thinks you just want to bang her. lol. Have fun with that awkward office environment...
>>
>>1498232
> not explaining that you do this with every intern, because it's a work thing.

Who's the retard here?

God damn it I just wanted to buy drugs
11 replies and 1 images submitted. Click here to view.
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>>1498224
Haha same thing happened to me
>>
>>1498337
Haha same thing happened to me
>>
>>1499054
Haha same thing happened to me

Where do you see yourself in 5 years?
44 replies and 11 images submitted. Click here to view.
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>>1498103
Done with the other degrees I'm working on, out of my law firm, and likely working in a business trying to make it amazing. Without getting into my finances too deeply, I'll also have paid off all student loans, the remainder of my car, and maybe my condo (doubt doing that, I'd rather have the cash free).

I'd also like to be dating someone and close to marriage, but lol let's be real that shit isn't gonna happen.
>>
>>1498103
I just started working for a teeny tiny IT contractor that's expanding very quickly. In 5 years I can definitely see myself as a partner or I can jump ship to land a senior role with another company. Within 5 years I would like to be engaged to my gf but depends on how our careers are going.
>>
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Well, i will start working at MC Donalds tomorrow earning $260 per month (yes third world), i really don't know where i will be and i worry a little about that.

We used to look up at the sky and wonder at our place in the stars, Now we just look down and worry about our place in the dirt.

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Best job for a 17 year-old in Europe. Asking for my brother :D
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>>1498064
dick sucker
>>
>>1498064
gold mining
door to door sales
>>
Kneepad distributer

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So I came here a few months ago, there were a few suggestions that I should only have one page on a resume, how could I improve this even more? I was going to put my degree on there but since I'm hoping to find a full time job I dont see the need to put that I ma currently studying full time
13 replies and 3 images submitted. Click here to view.
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>>1498030
don't put references directly on resme, write something like "references available upon request"
>>
>>1498030
also work on tailoring your resume to what you're applying for. will free up space from irrelevant experience, and allow you to expand on things relevant to that which you're applying.
>>
>>1498034
>>1498039
I second both of these things. You don't need to put stuff like foreign language experience on your resume if you're working in some basic customer service role. I see students put this on their resumes all the time, it's usually bullshit and it just makes me cringe.

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Be me. Job offer in communications paying 90k. Another job offer in finance/insurance brokering paying 65k.

I recently finished up a job in communications and want to try something new. The pay is better from public service, but brokering could be worth more down the line.

What do?
8 replies and 1 images submitted. Click here to view.
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>>1497937
What kind of broker? That's extremely vague, OP.
>>
>>1497945
Insurance and then eventually finance. Probably a 3-5 year process all up.
>>
Anyone?

Do you make money from AdSense /biz/
What type of site do you have, how much do you make?

I'm only making a few cents a day, and I'm looking for ideas for new sites.
17 replies and 3 images submitted. Click here to view.
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>>1497830
Make a good porn site for people with weird fetishes, riddle it with ads and you're set.
Call it the Wank-o-copter
>>
>>1497869
where would one get the content for a site like that?
>>
No, I handpick my affiliates. So I can be sure they match my website. Plus I don't like Googles content regulations. I want to be in charge of my own site.

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Let's do a little survey
>Do you trade stocks

>What kind of education or knowledge do you have on the subject

>What software you use

>Do you have a job

>How much money do you make monthly

>Do you have a partner

>Are you happy with your life
18 replies and 4 images submitted. Click here to view.
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>>1497819
>Let's do a little survey
>>Do you trade stocks
No
>>What kind of education or knowledge do you have on the subject
None
>>What software you use
I don't
>>Do you have a job
No
>>How much money do you make monthly
0
>>Do you have a partner
No

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>>1497828
>>>Are you happy with your life
>Yes
are you over 18/still living with parents
>>
>>1497819
>Do you trade stocks
Yes
>What kind of education or knowledge do you have on the subject
Self taught, I read a number of books
>What software you use
My bank's trading platform
>Do you have a job
Yes
>How much money do you make monthly
I save about a grand a month for trading
>Do you have a partner
No

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>mfw you missed on FLDC

https://poloniex.com/exchange#btc_fldc
14 replies and 1 images submitted. Click here to view.
>>
>20x gains + any other gains from CURE
Why live?

It wasn't even like Fldc was out of nowhere, it had plenty of hints that it was going to moon.
>>
I need more "Why God" pictures.
>>
>>1497848
>https://poloniex.com/exchange#btc_fldc
What hints? It was just another random shitcoin.

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CERU, GALXF, and AMD....all decimated...ALL MY GAINS, COMPLETELY GONE!

i thought i was killing it this summer boys...i fucking quit my job at wendys and everything....now what the fuck am i going to do i've lost over 55 percent of my portfolio im FINISHED
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>>1497724
Welcome to the jungle

/thread


On the off chance this isn't a meme just stay calm and keep doing what you've been doing. Pick your day job back up, make sure you get yourself on nights so you have all day to look/check charts/read news, etc.

It'll be okay in a few weeks, don't rope yourself just yet.
>>
Sit and wait
Or sell me whatchu got at market price then become an hero
>>
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draftkings it is with the rest

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So me and my friend might try to start a food truck. At first it was just a joke really, but then he talked to his uncle who is actually a successful business man and is interested in investing in it. slowly its becoming a bigger and bigger possibility. So i was wondering if any anons have any tips, or anything to share on the topic of food trucks.
28 replies and 2 images submitted. Click here to view.
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What is it about all these food trucks? Why do you think it will be a viable business ?
>>
>>1497732
Well people are always going to need food, and location is very important for businesses that sell food. so being to change location with demand sounds very useful. and it would be convenient to be able to get food without having to travel very far from a place were some one works. I would not mind hearing some of the problems you feel it has to maybe help me see them and think about them. also they seem to be doing well in my area.
>>
Sign up for a community college that has a Mintel subscription to get existing demographic info. Find the most hipster neighborhood in your city.

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I get 16k a year, he gets 19k a year. We both do the exact same job, when he is off I do his role, when I am off he does my role. When we are working together we randomly split the tasks. I'm fully trained in all aspects of the position, but he has the "manager" title.

How do I approach his boss and get me moved up to the same pay?
20 replies and 2 images submitted. Click here to view.
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Who has been there longer?
>>
>>1497726

Me, I've been there 3 months, he has been there 2 months.
>>
>>1497728

don't negotiate SHIT until you have another job lined up. At 16k a year you are rather replaceable, any sign of malcontent will be taken as a lack of productivity and the owner/manager will look at you as 16k down the drain.

Keep it up, if you're not happy then look for another job, and then use it as a bargaining chip AFTER your request for a salary rise is denied.

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End game is building an enough budget for a small patch of land, build a house on it and furnish it, and settle with my future wife.

Meanwhile I'm stuck in a decent survivable paying job and gov paid college until they both will end in about 3 and 1/2 years.
Plan to settle some time after that.

How can I manage to build at least some of that budget during this time table?

Should I invest in something? Online?
Pull the belt on general expenses more? (I don't smoke and I am generaly economic, but should I be even more? Could I cut more expenses from more parts I didn't know?)

I will try to "milk the cow" at my job as well as I can of it's money but it won't be enough.

Help me /biz/
29 replies and 4 images submitted. Click here to view.
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Bumpty-bump
>>
depending on where you live, you cant build a tiny house, it needs to be a certain size to conform to city code
>>
>>1497666
Yea I'm in the same boat, want to safe around 100-200 k to buy a house asap.
My plan is to start a business and then sell it.
Small percentage of actually succeeding tho.
But i like the challenge.

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why is it so rare for billionaires to have dogs? I actually think zuck is the only one
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>>1497438
Honestly, what point is there in owning a dog?
>>
They have real friends
>>
>>1497473
>what is the point of a companion genetically programmed to be loyal at any cost

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My shifts changed from 9-6 to midnight to 9. Any tips on not passing out? Going to be in front of a computer, but there is coffee at least.
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>>1497425
Tell your general physician that you just go changed to a hard night shift and you find it hard to stay awake throughout.

Should give you some modafinil or amp to get through.
>>
>>1497425
Adjust to your new sleeping schedule and become nocturnal.
>>
>>1497425
Stay on your routine on weekends. It is really easy to fuck up you sleep schedule on the weekend.

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Any way to look under scratch off tickets without removing the coating?
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>>
If you don't win just return it, say you didn't want it.

They have to give you your money back
>>
I thinks it on wired. there is a long form article about the guy who figured out how to beat scratch off tickets based on leaked information printed on the tickets. google is your friend.
>>
>>1497359

No.

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Are you ready for the worst day of the year for the stock market?
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If stocks and USD do bad, will cryptos rise?
>>
my anus is prepared
>>
>>1497230
when is it? Tomorrow?

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Theres literally a gold mine of investing and trading info in this manga
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I bought AMD at 6.42, sold when it got to 7.92, and bought in again at 7.84, thinking that there would be stability until the hype train of Zen reached its max - at which point I was going to sell. Now though, the stock is down to 5.88 and all my gains are gone, and my starting capital is down to the low 2000s. Where can I get cheap deals on a stool and a rope? It's all over folks.
31 replies and 9 images submitted. Click here to view.
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>>1497147
Wow, so it sounds like you had literally no plan for managing this trade. What did you expect to happen?
>>
>killing yourself over not even 25% losses
Good riddance
>>
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>>1497156
I had a plan, but I didn't anticipate Lisa Su to blast shareholders with her bullshit decision to dump shares to raise cash, and then the consequent panic selling that, despite all the positive future prospects, completely changed the public's perspective on the stock for the worst. There's no good reason for the stock to have crashed so terribly and quickly, but I guess the market doesn't need one. Fuck man, people are fucking retarded. It was a good investment. This situation is so unjustifiably...
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Should I spend 30k on bitcoin right now?
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>>1497110
fuck no, unless you plan on spending them
>>
Yes, and send them to me
>>
>>1497110
I'm thinking if buying a few thousand tonight...

Hillary's health shit is going to trigger stock losses tomorrow.

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im thinking of getting an MBA and majoring in real estate instead of finance, accounting, or anything else even though most of my work experience is in finance/accounting and 0 in RE

realistically, what kind of a career paths could i build with such a degree? obviously not a RE agent that makes no sense

situated in NYC btw
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>>1496947
Plenty of people do job transitions after getting an MBA.

That said, think of it this way: there's a heirarchy of difficulty in job jumping after getting an MBA.
EASY: Jumping from Company A to Company B
MODERATE: Jumping from Industry A to Related Industry B
HARD: Jumping from Industry A to Unrelated Industry B

That said, it's not impossible, just a pain in the ass. While getting your MBA, you may want to see if you could package up your work experience properly - that is, get into...
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>>1496968
thanks for the info; im aware that it wont be easy getting into RE coming from finance, but im hoping that good networking and university will help me out - especially here in NYC

anyway, im just trying to figure out career paths related to RE?

the thing is im getting a little tired of finance related work so im trying to move a bit away from it and i feel RE is something i will enjoy and do well in, although i cant base that off anything
>>
>>1496979
Makes sense.

This is actually a great topic to raise with the MBA program's career services department. Reason being - a lot of MBA programs are pretty aware of this issue and seem to have a stable of connections you could exploit. Case in point, the one I'm doing now is helping a lot of HR people get the fuck out of HR by having a list of companies looking for "HR-savvy" Marketing people or whateverthehell.

With that said, that rises and falls on the strength of the MBA program. If you're in NYC, I'm sure you'll have plenty of great options.


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