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Archived threads in /biz/ - Business & Finance - 356. page
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Question about Bitcoins

So I'm thinking of looking to get some but I would want a bit of knowledge before throwing money into something.

So, where is the best places to store and buy Bitcoin?

What can I actually buy with bitcoins?

Can I convert Bitcoin back into dollars or other forms currency?
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>>1354924
I use coinbase
its pretty easy
but its takes a few days to transfer from btc to dollars
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>>1354949
Is it able to be transferred to any bank account or is it better to have something set up separate from your main finances?
>>
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>2016
>still not owning bitcoins

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Morning wageslaves, another day another dollar.

https://www.youtube.com/watch?v=rUC5s5K0Fdc
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>>1354923
Hmmph. More like another day, another 265 dollars. After taxes.
>>
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>>1354927
Yes, yes...
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>>1354927
Sounds about right to be honest, 265 nigerian dollars converts to 94 cents.

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>brexit will fuck the economy
>day after brexit everyone laughing at britain's markets
>my face a few days later

how do people still take stock market fluctuations based on sensational short term headlines seriously?

if you invest in stock indexes you will NEVER fail (unless the entire economy fails)
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That ignores the off chance the entire economy does collapse, i think the next century ecological catastrophe's will play an increased role. You're also buying in at a point when markets are heavily inflated due to economic policies which could change in a very rapid time. It's always funny when people show andex charts which typically go back 50 years before fundamental changes happened to our economy.
>>
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what is the more reliable indicator between FTSE and FTMC? anyone can explain to me like I'm retarded?
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>>1354875
FTSE100 is a poor benchmark for UK economy because the companies in it are mainly foreign-oriented. FTSE250, which is more domestic oriented, is at 16 200, comparee to the 17 300 the day before results.

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What are some apps and services you /biz/nessmen use and recommend?
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- bloomberg wallpaper
- kraken app
- how to put on tie app
- SAPlogon.ini
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>>1354839
Facebook and google. Sometimes I use calculator.
>>
>>1354839
Snapchat

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> I won't have to save for my pension right away since my father owns a big house that I will eventually inherit and sell for 500,000+

> I'm close friends with a successful entrepreneur that will eventually help and guide me to set up my own business once I graduate college
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>>1354746
> I won't have to save for my pension right away since the inevitable growth of my memecoin hodlings that I will eventually cash out and sell for $2M+

> Forever alone and embracing the NEET lifestyle, maybe set up my own business once I find the motivation
>>
>>1354746
in summer this pic just gives me the creeps
>>
>>1354917
Meh, it's raining here so I felt comfy, lad.

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Can someone quickly redpill me on investing, or direct me to a useful site?

I'm just about to graduate, and am in the process of applying for my first 'real' job. The ones I'm going for have salaries of ~£25-30k. On that salary, if I keep my lifestyle frugal I could immediately put aside about ~£5k per year to invest in low-risk stocks. Would it be worth doing this as soon as possible, or should I just chill out, enjoy being young for a bit, and wait until mid-career when I have higher earnings before starting an investment portfolio? Also, what...
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>>1354715
Redpill is buying ETFs, focusing on buying dips and holding for 20-30 years

bluepill is thinking you can make more money doing anything else
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>>1355025
this. ETFs all the way. Get the ones rated 4 or 5 stars by blackrock
>>
>>1355025
>>1355028
What rate of return would you be expecting annually with an ETF?

Hi does anyone here have any experience self teaching accounting? I want to go that path since college costs money and I think I am motivated enough to learn at a faster pace than that anyways. I want to learn because I am gifted with math and numbers and have no real marketable business skills, and wanted to change that, because I plan on going into business in a very broad sense.

If anyone could recommend books or other sources of knowledge on this topic, or a more effective approach to entering business, I would be most appreciative if you could give me some advice, or general knowledge about accounting.
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First and last bump.
>>
>maths and numbers
Accounting is more like learning a language.
>>
I studied tax law and accounting isnt that hard. You just have to get it. And then it all falls into place. You just need to learn the rules.
It has little to do with math. If you can add up and subtract you'll be fine.

You could call a local university and ask what books are needed for next semester. If you have to guts you could even join some classes without paying.

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So I want to make some extra cash this summer and made the good idea to invest in altcoins. Whats the best altcoin exchange website? I just signed up for Bittrex but is there anything better? Also is Coinbase a reliable site for a small wallet only for trading altcoins? Thanks ahead of time if anyone helps me.
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>>1354696

poloniex, buy monero.
>>
You would be better off going all in on Bitcoin ,it's a week until the halvening we are going to see a big bull run its might already be underway ,price is creeping up to 700
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>>1354706
now this is helpful, thanks bro

I've recently seriously lucked into a job that I don't really have the experience for and I'm wondering if /biz/ can give me some advice on climbing the corporate ladder.

Bit of backstory:

I'm quite an inexperienced manager and I applied for a "department supervisor" position where my line manager would have been the "Director of Operations" who was currently ill (he'd had a stroke and had been in hospital for a few months) The company is a call centre in the security and software industry with about 30 employees.

I...
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And if I can't steal his job how do I readdress the balance?

If two people are on the same rank, one of them can't have a much better title than the other and a much larger pay cheque. I'll need the same pay as him and a similar title.

The MD/Owner has expressed that he doesn't give a fuck about job titles, but in the real world people do.
>>
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And the reason I'm a department manager at 26 years old, with 6 months managerial experience?

My salary is about on par with the lowest ranked manager at a large company. My title is massively over inflated because of the small size of the company (30 employees)

If I had the same title at a normal sized call centre my salary would be double or even triple.

So I'm not really qualified to be a department manager, but now that it's on my CV I'm golden.
>>
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Another casual conversation I had with the MD/Owner surrounding titles where I was discussing how grateful I was to have the job as the title looks fantastic on my cv, the MD/Owner said to me "Well look do you want to leave here after 3 years with a fantastic CV and reference? Or do you want to be the Managing Director on £50k because I'm at home taking an early retirement?"

How would /biz/ play this? As I honestly think this is the best career opportunity I've ever had. Most people get stuck as low grade managers for life.

I've been asked...
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When did you realize that this website is for losers and that the time you spend here is completely lost and you could have done anything else and it would have been more productive?
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a decade ago.
>>
i came here bc i was a loser. well i m still 1
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>>1354662
>>1354664
So why are you still here? Why am *I* still here?

Hi /biz/,first time poster here,and I have a question for you guys.I'm starting my last year of high school this fall,and I need help with choosing a degree/major.

I'm from Croatia and I was thinking about going to Denmark to study Marketing or Business.Are those meme degrees?I know Economics is better,but here in Croatia a degree in Economics is pure shit,anything else is better.
Not talented enough for STEM,but I am able to study hard if something interests me.
Family is going to cover everyday costs but not tuition.I go to one of the better schools...
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Yes, marketing is a meme degree. Why? Well, what do you think you'll learn in marketing class? Basically it's a bunch of models, interesting words etc, and you can learn all that while being terrible at marketing. The only way to actually get good at marketing is to practice it, which is why studying the subject is meaningless..
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>>1354718
What about Business or any Business related degree?
Is it possible to get a job in Marketing or Business without a degree in Western Europe?
Keep in mind that without a college degree my highschool diploma is worth nothing,I have no trade and no "real" skills.
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>>1354652
bump interesting thread

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Just graduated with a BS Biology. Want to become a business analyst now. What do I need to do next? What skills do I need to know?
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I wouldn't recommend doing another degree unless you have the money for it.
Depending on the availability of biology related businesses or organisations in your area, you can just work for one of those with the intention of slowly moving into the business side of things but with specialist knowledge.
So long as you understand the basics of accounting, finance so you can build upon those skills and having good communication skills plus work hard you can get into business.
>>
Is excel or sql important in general?
>>
https://www.cfainstitute.org/pages/index.aspx

Take level 1 and pass and people might pay attention to you. Pass all three and people will probably pay attention to you. Dont take it at all and people will not pay attention to you.

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I just started a new job as a financial admin for an aerospace contractor and I have a few concerns. I was mainly hired to take over a lot of the accounting functions of the business. After getting a look at their books, I found that they haven't been recording transactions properly and a couple of their bank accounts aren't in balance. I just came from a publicly traded company who undergoes regular financial audits so seeing books in this state worries me a lot. I'm wondering if I should try to find another job or just try and fix their books and stay with it....
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>>1354454
sorry for the typos, i'm kinda drunk
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>>1354456
I think that if you do it *During work and a bit over time* it will look good and get more reputation and tell them how it's ment to be done and say this is a better way.
>>
>>1354454
Bring it up with the company manager, the person or persons who did the books before, or whoever else you report to and explain what you are seeing. If they ask you to do something and you see ANY red flags, assume they are trying to get you to break the law, an leave the company. Otherwise, you could get audited and it will all fall on you. Ask what happened to the person or persons before you who did the finances.

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Goldman saggots are shit eating inferior little girls who sucked at math and physics..
youre so inferior that God wouldnt even forgive you for killing yourselves now because it took you so long to remove your second claass asses from His chosen Ubermensches' sight.
You are all a bunch louis carutherses.
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>>1354439
Where do people who are good at mathematics and physics work?
>>
>>1354482
Off the grid McDonald's
>>
>>1354482
Zero-gravity dick sucking @ MIR space station

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>it is not a meme
>it will be worth more than a quarter
Trump threads are all quiet now
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>>1354426

I hope trump sues and rapes everyone what goes near this shitcoin
>>
Trumpcoin is truly the absolute pits. Trumpcoiners: pathetic. Donald Trump: fuck him.
Hahahahahahaa. Ah ha!
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>>1354426

> he completely ignores that it was worth$0.03 only days ago
> increasinglynervous.gif

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For the last 2 weeks I've been getting solicited by a tech start up in California to be a systems engineer for a retarded amount of money. I've talked to the CEO, some software engineers, the director of engineering, the CTO, etc etc and they've all been very pleased with me. I feel like I'm misleading them and don't deserve whatever interest or respect they might have for me.

I guess some context might help. I'm a 19 year old male and have previously been a systems administrator for an industrial pulp mill. I've got some pretty screwed...
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cheer up man, im a borderline full fledged psychotic schizophrenic with extreme anxiety issues but i have never in my life been bullied or anything but liked and well spoken of. maybe find a qt gf if you dont have one or never have before, love is one of the most fulfilling things in life. youll find like i have that the more people you meet and the more you do for others the happier youll be. besides if these people need you and pay you well i dont see why you should feel weird about it. count your blessings and keep plucking that chicken.
>>
also so are you working for that tech start up or just contracted? just go ahead and try to get them to bring you on board and if youre hired then you can ditch your old job.
>>
>>1354373
The best revenge is a life well lived.

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Just graduated high school and will be attending vocational school and later an apprenticeship to become an electrician. Electricians make decent money(50k med, 70k where I live) but I would like to have a side business for some extra cash flow. and ideas?
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>>1354357

male "services"
>>
>>1354366
kek
>>
>>1354357
>Im going to sell crap I never use in my house for $$ on craigsdick
>"But, I dont have stuff to sell, anon! WHAT DOIDOOHGODHELPSOMONE HESRAPINGM-"
>"Go to yard sale, buy stuff cheap, sell for profile"

What's your endgame, /biz/?
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The Presidency.
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>>1354168
not seeing that shitty sequel again
>>
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Bane

I tried applying for a Discover IT credit card online but was declined because of Collections or a Charge off. The only thing that comes to mind is a hospital bill I was charged $700 for. I was punched in the back of the head by a nigger, and went to the emergency room only to have a doctor tell me I needed an ice pack for the swelling to go down.

That was back in July of 2013. I know that the statue of limitations for these type of things is 7 years, this happened in Texas which only has 4 years. Now my question is will the charge off be removed from my credit report...
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>America
>>
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>yamborghini high

yeah dude youre an idiot, pay your fucking bills
>>
>>1354150
>american health care
It feels good to not live in a third world country.

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How do I get a broker? Im autistic, will I have to talk to people?
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>>1354142
tdameritrade.com, Venture forth little Neet!!!
>>
>>1354142
>will I have to talk to people?
Not really.
They actually prefer it if you don't talk to them.
>>
>>1354142
fuck a god damn broker, go to options house or something

there is so much published research online you can get for free, here's your very first broker consultation for baby's first safe bet with dividends included

>BUY RDS-A AND ENJOY IT

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https://investor.vanguard.com/mutual-funds/fees

Is Vangaurd a good mutual fund holder to buy into? They seem to perform pretty well, have low fees, and offer a pretty broad amount of sector coverage (relative to available funds for purchase) for a $3,000 minimum.


So my thought is to go through Vanguard for my mutual fund desires and ATM, I'm thinking about going through Options House for my online service for strictly stocks.

Thoughts? Any input is appreciated, I've been upping my competency and market savvy with Edward Jones for a while, their...
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Vanguard is arguably the best for index and mutual funds.

I haven't looked at Option House, but make sure you read about their fees and charges per trade.

Fidelity was like a flat $7 per trade a while back
>>
>>1354115
OH is 4.95 flat transaction fee for stocks. I've been paper trading with them, their interface is alright, I might paper trade a few other joints. What is it like when you want to pull the money out of these places? Do they rape the shit out of you with outgoing cash fees if you go directly to a financial institution or get a non-overnight check?
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>>1354119

Vanguard is very simple to move money in and out of and they don't rape you at all

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Can I properly into coins without giving people my ID?

Why do they even need that?
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because the baby boomers created a literal nightmare for us to all """""""live"""""""" in
>>
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>>1354162
fuck i hate boomers
>>
>>1354162
this

Welcome to hell

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What valuable company is nobody building?
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GSD: Global Sucking Dicks

the market is full of freelancers they just need one company to orgnaize them all for a piece of the $
>>
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RWDC: Robot Waifu Developmental Center

Women have already become obsolete and it is only a matter of time before mankind gets good enough at AI and robotics that everyone will be free to purchase their own personal waifu.

If you were to establish yourself early, the first mover advantage you would have would be monumental, especially if you also branch off into husbandos
>>
>>1354064
A good way to bookmark porn across devices.

Like, an app or something.

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So i'm 24 and i want to qualify for a cook. Planning on going to a cooking school. How is the job market and how's the pay? Is this a profitable route? I love food and already know how to cook some basic stuff so i think it's alright for me.
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>>1354029
Make sure you can handle stress and can keep a cool head

Cooks have to deal with a lot of bullshit
>>
>>1354029
make a food truck, if you're living in australia... get some good ameri ingrediants and make an exact replica of in n out, no one has come close to that burger yet and you'll profit huge if you travel around.
I'll lend you 25k if you can return 60k in 5 years
>>
>>1354029
i was a chef for 5 years.
DO NOT go to school to learn.
6 months on the job, you'll run circles around fresh interns.

tl;dr...
DO NOT BECOME A CHEF...!!
No Matter how much they pay you, you're NEVER going to get more than minimum wage when you find out how many hours your working.

For the first 2-3 years... 16 hour days are common, 90+ hours a week...
A LOT of kitchens with good reputation have "chefs" lined up at the door to take your job.
Its a Dog eat Dog world...People...
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Since Britain decided to leave the EU, the continent needs a new financial capital inside the EU to replace London since London will no longer have access to the free trade zone and will no longer have any influence on EU economic policy.

European economists have identified the following features needed for a new financial capital: English-language facility, which is essential for attracting a global work force; a favorable regulatory environment, especially regarding employment; excellent transportation and communications infrastructure; availability of prime office...
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>>1354003
Luxembourg, because why the heck not.

It's the tiny dot between the main EU nations of France & Germany, and it wants to mine asteroids.
>>
Even better, make it Berlin. That way policy makers in Germany have a direct line to the main financial institutions of the continent
>>
It either going to be Dublin or Luxembourg. Luxembourg has the world best financial laws and small enough to not have poor dumb shit people. Dublin is home to the a thriving corporate environment with a good tax rate that's been properly named the double Irish and Dutch sandwich.

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>130k in debt
>135k in assets

How do I unfuck my shit? I'm so damn tired, I don't think working a third job is possible, and I've already started renting out a room
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>>1354002
>130k in debt
How, nigger?
>>
>>1354008
Mortgage, loans
>>
>>1354002
anon, assets and debt are the equivalent of matter and antimatter. They just cancel each other out when they touch. In the end you'll have $5k for whatever you want to buy

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so I decided on a whim to make a will at the age of 19 and realized I have nobody to will my shit to
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>>1353975
what do you have to will away at 19?
>>
>>1353979
a $700,000 estate, a coin collection, a 2000 oldsmobile alero, some cheap furniture, several hungry man microwave dinners, a keg full of hard cider and a bong
>>
>>1353982
>a $700,000 estate
pics or it didnt happen

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Hey /biz/ I just graduated with a degree in cultural marxism. I was wondering what careers I should be looking for?
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Sounds like you should try to desperatly finish a phd in shitposting or teaching
>>
bernie sanders campaign manager
>>
^ or become a "White" professor

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18 M UK without the funds to trade unless I want to get eaten by commissions

basically waiting for robinhood to come to the UK

why are they taking so long and why are they going to Australia first? I'm literally gagging for this to come to the UK or a service similar to it.
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I guess they don't want a country full of Muslims using it. Best to stick with USA and Oz.
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>>1353918
>basically waiting for robinhood to come to the UK
Don't you have casinos there?
>>
Saaaaaaaame, its taking forever. I believe its the regulation that is the difficulty. US markets are far more complex, however very different. I donlt believe Aus have the same complexity. Very difficult until then though :(

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>Be me six months ago.
>Browse /biz/

>ether is the future! Buy your ticket! Into the moon we go!
>Fuck silver, worthless overrated shit that will never give a solid profit!

>Took the bait, hook and the entire line.

>After the hackening, eth is on palliative care on its long journey to the wastelands.
>Silver just broke $19 per ounce. And still going...
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>>
>>1353911
6 months ago?
That are still like 500+% gains
Are you stupid?
>>
>>1353911
Are you retarded m8

6 months ago Eth was worth shit. If you held you would have made bank instead of panic selling.

t. Someone who hates coin fags
>>
>>1353934
>>1353951
>long journey to the wastelands.

In 6 months, eth will be worth shit again. And in a year, it will be a a footnote on meme websites. Silver on the other hand is going to mars and beyond.


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