I'm part of the investment club at my business college and we're about to do a portfolio competition using the investopedia stock simulator. iirc we all start with 10 grand and see who makes the most money by the end of the semester. I want to have fun with it so I want to make a biz-approved portfolio. What memes/stocks should I invest in?
I'll occasionally post progress threads if anybody is interested and let you guys decide to sell or short or anything.
It really is for the benefit of the students. To get them exposed to as much of their future work environment as early on as possible.
No researcher worth their salt gives a shit what companies do. Academic research is typically on a different level and type of doing things than practitioner research. (This comment does not apply to engineer in general).
There are 5 ways to get rich, in no particular order:
1. Develop real estate 2. Start a business and take it to the IPO/franchise stage 3. Leverage your money in the stock market 4. Crate something that gets popular (invention, artistic, whatever) 5. Become a celebrity
Every rich person I can think of (that didn't inherit it) did one or more of these
We all know the the middle class pays the most, atleast here in Europe.
The poor ones don't have any money to be stolen from and the rich ones use their massive amount of money to generate more through interests mostly.
But what if you have a small amount of money, lets say in the 5 digit zone?
Account book gives you so few interests that falls below the inflation rate. Investing in stocks is highly speculative. Gold seems okay, but at the moment it is still living in a bubble that could burst at any moment.
There are two basic paths you can go down depending on what you want out of life.
Option 1 is to invest in a traditional diversified portfolio and continue adding to it throughout your working life until you have enough to retire.
Option 2 is to risk that money in hopes of a substantial return. For example, you could leverage that money with options and potentially control millions of euros worth of equity, or else you could be an angel investor in a startup business and help them make it big.
>make a friend with somebody your dad's age >get him to play pretend boss >create work experience >put him as Manager >he covers for you
Been doing this with a good friend since I was 19. He's 50 and always has my back. I loaned him $50 to pay off a hooker's pimp and we've been best friends ever since (I'm 22 now). He got me a $19/hour job working for a Property Management company. I... Comment too long. Click here to view the full text.
>>1095499 >tell some guy i work with (intern at a bank) that im interested in working for a public accounting firm >he says he knows some accountants and will email them >next day i get an email from a partner at the firm and says hes known my contact for years and respects him etc. >day after that get an interview for an unlisted position with the firm >by the end of the... Comment too long. Click here to view the full text.
/biz/ what should i invest my money on the long term? huge profits/sure profits? risks? what i looked up so far: >FCX (i'm not sure about its potential, maybe someone would give me more info) >AGHI >NFLX (netflix seems like a sure deal right? i dont think it will fall anymore from this point, so what do you think?) >UWTI (been in the shitter for more than a year now, stocks are very cheap, will it ever come back? this is the one i would really... Comment too long. Click here to view the full text.
It goes up and down, round and round, It's got thrills and shills, And its very brightly colored..
Regardless of which side of the table you're on, the crypto market is proving to be extremely volatile lately.
So, which cryptos are you trading? What timeframes do you prefer? Can your nerves of steel stand the 1-3-5 min tick trading, or are you sticking to 1h/2h frames? Which indicators do you trust the most in this environment?
How are you faring agains the bots? Have you learned how to play them, or piggyback ride their whale buyouts and selloffs to great success? Or are you using your own algos in which case how have they proven lately?
In any case, its been quite a ride the last couple of weeks, gonna be fun to see where its heading
I want to play a little bit on kraken but I still don't understand the maker/taker fees system.
1. Am I right in thinking that when setting a fixed not yet available price for a transaction the maker fee applies and when in instant operations the taker fee is charged?
2. Krakens description also says that if I then place a next order which will execute before the maker order it will be charged with a taker fee. Could I bypass it i.e. by making the second order in another currency as in EHT/EUR and ETH/USD?
3. Considering that my maker/taker understanding... Comment too long. Click here to view the full text.
>>1095348 no, they already know you have 50k with that bank. you can move it around within that bank all you want. now, if all of a sudden another 50k were to come in without good reason, this may trigger some suspicion.
How do you survive being a wageslave when obviously more talented then your colleagues but not getting any credit for it at all? I started as a lawyer at a big firm almost a year ago. After a year of working my ass off, still nobody gives a shit who I am and what I do just because I don't have a share in the power. I was planning to start my own firm anyway but this is ridiculous. I love the work but I hate my colleagues and superiors. It's like high school.
TL;DR I graduated cum laude to discover I obviously don't belong at a law firm.
Does anyone... Comment too long. Click here to view the full text.
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