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/biz/ - Business & Finance

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>> No.57850855 [View]
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57850855

>>57850317
its pretty simple.
it combines multiple factors into one singular descriptive number.

if you've ever had a teacher grade by points instead of out of 100 you've used an index.

say you can earn 600 points in a semester, exams are worth 100 points quizzes worth 50, assignments are worth 10 and a bonus point for perfect attendance.

all those individual things can be reduced to a simple letter grade.
thats an index

now indices don't have to start at 0.

The most useful index to you in your adult life is your credit score.
inb4 loljews
you have to be able to out jew the jews.

once you've mastered the mathematics of the credit score. you'll qualify for the capitalist fast track.
most small businesses in this country are $1M or less.
the SBA will loan any breather who can fill out a business plan a $500k loan, and $20M for the building.
you gotta put 10% down or take an expensive bridge loan but they're usually worth it.

The stock market is okay for raising and preserving capital for this thing, but its way better to be in business yourself.

Do you have entrepreneurial spirit?

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