/biz/ - Business & Finance

First!

first for card carrying Kantians

Also friendly reminder that communism cannot ever work when nation-states exist

>or if humans (imperfect beings by definition) are in charge of it

You are buying the dip and writing covered calls, right anon?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Does anybody else think that maybe we should try this communism stuff out in America? I mean we do everything better than anybody, and I bet if anybody could make it work it'd be us.

>>13898165
difference is china offers you a job if your struggling via communism while the US doesn't care and lets you starve to death

>>13898211
whoops

>>13898218
>wrong
>again
>baggie

>>13898227
That's only a thing for China before the end of 1980s.

oh WTF UVXY!! down is the other fucking way.

>>13898218
Better dead than red.

4 is the Galt floor. Get in.

>>13898247
>>13895855
I warned you

>>13898227
US did that before World War II and prolonged the great depression by 7 years. Broken Window Fallacy

Communism was evil at times, yet absolute paradise compared to current debt-slavery
t. person who lived in USSR

It will never come back/ Thing they sell you packaged as "communism" now is just the next level of enslavement. Burgers will vote for it though, as they become more brown.

>>13898260
based

>>13898218
> he doesn't know
America is a Communist country

STOP GOING DOWN WTF

>>13898293
>USSR Absolute paradise compared to current debt-slavery

At least make your larp sound believable, you'd have to be as old as my mother in law to have lived in the USSR, which case you'd be on facebook, not 4chan right now.

>sudden drop
Nooooo give back my double digit percentage green day! 9% up isn't enough!

>>13898227
>rise higher
>fall harder
Also, if you're struggling in US, there are jobs. You can even join the chair force right out of high school. Food, college, shelter, health care, 30 days paid leave, and regular pay, all provided by the US taxpayer. Of course, the military controls you. Good example of how socialism can work if you give up all freedom and have a slave class paying for your stuff because the military doesn't have to be profitable to continue to exist.

I wouldn't want to live in that world.

But yeah, job for you. Chair force is easy and chillio. If you wanna do cool guy shit, join the army and do SF or ranger or something. If you wanna be cannon fodder, join the marines.

oh yeah i forgot all americans are "temporarily embarrassed millionaires" who will defend their jewish masters tooth and nail even if it means 99% of them will work as a wageslave for 50+ years

>>13898383
>if you don't want to wage slave, then you have to sell your body to the government
>communism critiques this
wtf were communists right all along?!

>>13898394
Mr Buffett, I dont feel so good

>>13898206
tesla cheeeeeapies

accumulate

>>13898293
>debt slavery
Anon, whoever pointed a gun to your head and threatened your life to buy things you dont need on high interest consumer credit cards should be reported to police.

That bull trap was by the book, whew

>>13898383
>you want to live? then risk your life for isreal you stupid goy!

im gonna be sick... out of day trades and locked into a UVXY short position right now.

>>13898418
that's the one where they threaten you with lifetime poverty unless you take out six figures of loans to attend an indoctrination center for a weird religion for four years

>>13898413
>I dont want to work for things. I dont want to provide for other people. I'm entitled to other people's things and money for no reason at all.

>>13898465
Didn’t we tell you earlier it was going to be red

>>13898467
i never said that i don't want to work. i just don't want pointless and unfulfilling work.

>>13898465
>what are vertical spreads

>>13898188
>Also friendly reminder that communism cannot ever work
you should have stopped there

No man should have to say he regrets not buying Beyond Meat. But here we all are. In their circus timeline.

>>13898465
theres only one solution
take out life savings and Go long on Vix

>>13898466
>lifetime poverty
>6 figure student loan
Both of those are your responsibility. Going to an expensive university for a degree that barely warrants a barista job was your choice. Strange how so many people manage to avoid poverty and pay off debt by investing in engineering degrees.

>>13898263
They won't buy into GALT until it's too late, they can't comprehend the idea of waiting an extended period of time instead of fixating on short term price action

LMAO LCI is legit going to close at yesterdays close line, AKA ALL TIME LOWS

>>13898512
Aren't companies going to be posting good earnings from the holidays? We're going to keep climbing from that right?

Why did I think I could beat the market?
I should have invested in SPY!

Guys, time out with the commie and capitalist talk.

Question:

Something is wrong in the European finance sector but I don’t know what it is, however it appears that a large credit crisis is likely to occur.

What should we do?

How is that one EVH poster doing? are you okay bro?

>>13898412
I'm gonna work anyway, but those kikes really need to go.

>>13898487
>I dont want to "sell my body"
>I want to be fulfilled
>by having someone else sell their body to me
>so I dont have to work my way up to a significant position
>l'oreal: because I'm worth it

>>13898553
>what is support levels

>>13898569
What is ze nature of ze problem

>>13898569
>but I don’t know what it is
Are you blind? Turkey and Spain are time bombs that are about to take Europe down with them, and the rest of the world after that.

>>13898148
Most people who lived in the USSR miss it

>>13898227
Retard there are employment and workforce centers all over the U.S. you clueless fucking faggit; btw China hasn't been a Communist country for like 30 years and it never will be again deal with it gaylord lmfao

https://www.careeronestop.org/localhelp/americanjobcenters/find-american-job-centers.aspx

>>13898569
they had negative bond yields a few months ago. something really fucky is going on, and to top it all off the largest party in EU parlament is the anti-eu party.... I say the europeans start killing each other within 5 years/

>>13898569
Ror! Short Deutsche. Fuck Deutsche. But I may be biased because I hate Deutsche. Fuck Deutsche.

But anyway, what are you seeing in European finance?

Can someone give me red pill on Dean Foods? How can the largest dairy producer in the US have such shit valuation?

>>13898647
shit skins are lactose intolerant

Dow below 25k

>>13898639
>Europeans start killing each other
When did they stop?

>>13898569
enjoy the influx of capital from rich yuropoors into our markets

I have never, in all my life, been this JUSTed.

So much dead money...

*breathe in*
AAAAAAAAAAAAHHHHHHHHHHH

>>13898664
People are only lactose intolerant because of pasteurization

>>13898600
typical capitalist trying to twist my words.

i am working hard up to a significant position. i am probably higher class than you are right now. at least i recognize the unfairness and bullshit that it is.

in a real economic framework, people will be able to choose whether if they want to do x work rather than being forced to do so with economic gun to their head.

we are rich enough that we don't have to have the gun over our head all the time. yet, you'd rather to suck capitalists' cock and make living shitty for everyone. well done.

>>13898559
only after 4th of July

>>13898625
Spain and Turkey dont have enough force to bring Europe down and Europe doesnt have enough to take the world down. US does.

>>13898569
>>Something is wrong in the European finance sector but I don’t know what it is, however it appears that a large credit crisis is likely to occur.
>
>What should we do?
Euro finance has been stale with no growth for like a couple decades now, where have you been?

also >>13898625
(although id peg it as Turkey and Italy are about to implode europe, but whatever)

>>13898677
consensus is when the cold war began (1946 and onwards, ignoring yugoslav)

>but it never really stopped, just slowed down

damn i love being based

>>13898605
What are support levels? I just come here to shit post while pooping and gamble on memes, I'd appreciate an education

>>13898352
It fell apart in 1991, bucko
Lived through only shortly, parents lived in it their entire lives so I could see how much wealth they acquired during muh evil gommunism :D

>>13898690
this is one of the stupidest things i've ever read:

>in a real economic framework, people will be able to choose whether if they want to do x work rather than being forced to do so with economic gun to their head

we are not "rich enough" because if the people who are actually rich stop producing, the economy shrinks. do you know what would happen if we operated today at economic level of 30 years ago? we'd look like Venezuela.

>>13898718
turkey isn't even part of eurpoe

>>13898740
the only thing that the rich do is network and take massive premiums for the relative work that they do.

it's the poor who are producing shit.

Are you niggers ready for power hour?

im not buying anything until QQQ hits 150 again

>>13898738
But was there REALLY any tension after dummy GOMMUNISTS got boned out of Cuba?

>Beef stroganoff, tear down this wall
100% staged

>>13898647
sales have fallen from $9.5B in 2014 to $7.7B in 2018. 2018 saw a loss of $3 per share. shareholder's equity halved since 2014.

http://ir.deanfoods.com/static-files/a0098cd9-22d6-46bf-b22c-5b34cff46d12

>>13898630
>"most old people wish they were young again"

What a revelation

also

>"implying the USSR was Communist"

read a book dummy

https://www.umass.edu/pubaffs/chronicle/archives/02/10-11/economics.html

>>13898763
Sour hour

>>13898690
>choose jobs
They do.
>higher class
Probs. Strange you would throw that out there as a commie.
>forced job
Generally you farm or hunt your food. When farming nature may destroy your crop. When hunting, your food may kill you or you may fail. The principles remain the same, just because we have extra pieces like machines, nations, large business, doesnt mean that will ever change. Certainly not with communism. Someone has to farm. People must eat.

Also you should know
>comfort is not the father of innovation
If it were, all these NEETS wouldn't be NEETS.

>>13898821
>communism is defined as a system implemented by self proclaimed communists that is 'not real communism'

omg, where's the plunge protection team? how could the government let this happen? Who the fuck shorted?!?

This is /stockmarketgeneral/, not /socialistmarketgeneral/

Also, DOW down 363 again

What the hell guys?

For a triple leveredged fund, SDOW isn't giving me very exciting returns at ALL

>>13898860

I did. I doubt my 130K did much tho.

Got invited to a real state meeting, should I go bros?

>>13898764
>implying most wealthy individuals didnt earn their keep
>implying you cant do the same in America
Ror! You're in a stock market forum. Did you forget?

Why are big oil companies sucking dick right now?

Check out HAL and Schlumberger. I feel like these would pump in the event of an oil crisis.

>>13898872

You're up 4% in one day. Stocks don't have the same price actions as crypto m8.

>>13898888
>those digits
>real state
Ror! Were you invited to a fake state meeting previously?

Buy the dip. Buy buy buy. This will be good vibes power hour.

>only down 0.4%
Feels good to beat the market.

>>13898888
its probably a sales pitch from people trying dump their bags

>LCI up $0.02 on the day

Last hour we drop below yesterdays close guaranteed, rest in piece brothers

>>13898718
>>13898746
It's a domino effect. Spanish banks are lending billions to Turks, and some are very involved in Turkish banking. Turkey can tank Spain, and Spain would require a far larger bailout than Greece did. Like, an impossibly large bailout.

>>13898639
>the largest party in EU parlament is the anti-eu party
No it's the 7th party and german bonds yeld were already negative in 2016.

>>13898941
Not yet. Wait for dingdingding bro

>>13898915

Because even if supply is constrained due to bumblefuck Middle East country going up in flames, it's ultimately a question of demand.

People are concerned about a slowdown, hence oil is shitting the bed.

Remember oil hit $41 in late December.

>>13898764
80% of millionaires in the US are self-made first generation millionaires.

DG REPORTS EARNINGS TOMORROW PRE-MARKET

GET IN HERE and BUY BUY BUY

>>13898979
and all pf the top 5 richest people in the US (Bezos, Gates, Buffett, Zuckerberg, Ellison) are self made.

>>13898971
That actually makes a lot of sense. heck, just looking at the HAL chart, the local ATH in Jul 08 matches the local high in Jan 18. Kinda spooky.

Fuck this market I'm jumping off a bridge today

>>13899028

>rorposter continues to post stupid things, Cato institute talking points
>confirms he has no rich friends who tell him the real shit with no shame
>speaks about millionaires who spent their whole lives busting their asses just to hit seven figures in their 401K/IRA's as "The Rich"
Go make your own thread and post a link m8, it's getting too distracting. The poor arguments make for good bait, but it's offtopic.

>>13898916
True... it's just not a large enough stake to offset my massive losses, and I bought it in 3 stages and that's another $5 per transaction, plus the selling fee...

The crazy thing is, I want to buy more. I should maybe be taking profits and waiting for a dip when trump tweets some more nonsense and pumps it, but I want to buy more. I have a very bad feeling, but I don't want to exit all my red positions, too low for that.

>>13899057
>down $19
OH NO NO NO NO NO NO NO

>>13899021
>being born into rich families and being able to attend elite schools/getting college paid off is "self made" now
JUST

>>13899057
>down $20 on 40K
???

TSLA predictions? i'm laughing as it drops but i guess there'll at least be a good bounce somewhere

>>13899021

Pretty sure Gates and Zuckerberg were born into rich families.

https://www.cnbc.com/2019/02/06/mark-zuckerbergs-dad-offered-him-college-or-a-mcdonalds-franchise.html

Just think, in an alternate timeline you could have been served chicken nuggies by Zuckerberg.

>>13899021
>>13898979
And getting $1m while living in the US is a realistic goal. Compared to other places where $5 a day is good money.

>>13899097
Niggers, everyone is the product of their environment. No one is self made.

I haven't seen LCI guy around recently, is he posting without his trip to avoid being harassed?

>>13899115
probably suicide

>>13899035

Check the low of this decade as well in early 2016.

I went into some undervalued stocks when they were getting hammered in January 2016, but I sold when they rallied 30% later that year. Big mistake.

Those same companies are up 150% to 200% now.

Subsequently, I'm a greedy cunt now when it comes to profits.

CHK keeping me green on this shitty day.

>>13899113
That's nonsense. Individual decisions matter a lot. Yes, environment matters. But you give it too much weight into how people become what they are.

>>13899100
greater injustices don't make an injustice okay

This rally is real we're going to recoup everything.

>>13899138
profit is profit

>>13899064

How big is your SDOW bag now and what's your average price? I'm the BearChad with 2603 SQQQ shares from yesterday.

The market is at a pivotal point. It either needs to crash through these levels now or tomorrow, or it's going higher.

We need more news from China or America. Everything on CNBC today is conjecture from a week ago.

>>13899113
Think about how many rich daddy's girls went to college and ended up flipping burgers because they made the decision to major in English or some dumb shit

>>13896850
underrated post famalamadingdong

>>13899149
Really wanted to buy when I saw the insider buy yesterday, but I don't know the story or the sector

>>13899165
>can't into determinism
You don't have to like it, in fact I think it's a very limiting belief system, but it makes a lot of sense. Before you roll the dice, it seems like there are many possible outcomes.

>>13899205
why would it go higher? the best it can do is crab for years.

>>13899064
Just duckduckgo'd Cato. Why bring this up? Because they're libertarian?

>spent whole lives making only 1m in 401k
You're doing it wrong. You're doing everything wrong.

>no rich friends
Not buddy buddy with billionaires, but millionaires are common. Y u claim to know my friends? Ror! The real question is why are your wealthy friends crooks?

>>13899213
Well, they didn't choose to be born dumb college sluts.

>>13899213
probably 0, you literally don't need to do anything to succeed as a woman

>>13899165

The way I figure it, you're born into a certain amount of wealth/prestige and based upon your individual decisions you can either fuck it up or improve your lot in life.

I'm willing to make big bets at this point in my life as I can't bear the thought of wageslaving in my 30s and 40s.

>>13899216
No, it's silly. Environment can definitely shape people in their early years but as they get older their individual acts matter far more. Blaming the environment is almost always people externalizing personal failures.

>>13899196
Define injustice. I dont think you're using that word correctly.

>>13899213

Rich daddy's girls don't wageslave, they get married or become cool wine aunts that leech off the family.

>>13899251

>you literally don't need to do anything to succeed as an attractive woman

ftfy

>>13899260
people being unable to earn more than $5 a day because of where they were born isn't injustice ?

What a fucking day

>>13899252
Which is fine. You just get the proceeds of your bets as an internalized success or failure. If you lose it all, it will have been your own actions, not societies.

You could always choose a job and slowly build a compounding fortune.

>>13899229
>You're doing it wrong. You're doing everything wrong.
I'm just telling you the conventional route that most of those "rich" people took. They grind and save all their lives to break into that seventh digit, and then they hope it's enough to provide for them in their retirement. These are not the "ultra wealthy"

>millionaires are common
exactly, that's why your argument about the rich is specious, and I think you're just being a contrarian for the fun of it.

>>13899224

Wrong. Money could flood back into stocks if the right headline happened.

>>13899286
nope, unless you're extremely deformed, a 2/10 female can use makeup to appear at least 5/10 and get married to a betabuxx

>>13899318
This just in Trump to be impeached for obstructing justice!

>>13899318
so, the market is just wildly over-speculated and due for a massive correction?

gotcha.

>>13899064
>Mao's economic policies were what advanced China-China just happened to be completely stagnant economically and in all other ways until shortly after Mao himself died and China economically moved away from his policies by complete happenstance; the 27 years of Mao rule themselves don't count.

Don't post outside of your gay bathhouse of a board again

>>13899301

>You could always choose a job and slowly build a compounding fortune.

I hated my 85K a year job. I'm either getting rich or I'm going to die by age 30.

>>13899318
It will do it anyway when the FUD works and people capitulate. They are already doomsaying on every website that covers the market. It's a full court press.

>>13899333

...And that's how I met your mother, son.

>>13899205
I figured you were, I've only got a stake of 70 shares. Triple leveraged index fund SEEMED like it would be a huge risk, like when I bought TVIX.

And I'm trying not to take huge risks right now, as you can see from my "fun" portfolio, I'm taking heavy fire:
>>13898684

>>13899294
$5 a day is good pay where they are. Government legislates and mobilizes army for borders. Lands have natural resources. People use the resources as they see fit. Not all lands are created equal. Neither are men.

Is it just to forcibly take one individuals possessions to give to another with no benefit to the 1st individual?

>>13899347

Precisely. We're dealing with a Jewish casino here.

You look into the void long enough, the void honks back at you.

We're back baby!!

tiny power hour bouncing

>>13899348
That is a joke image stolen from my favorite meme board. I thought that was obvious?

dax -1.6% diverging from sp now nearly 25% since 2018 levels this does not look good if european pensions are invested in euro stocks or european bonds with zero rates no returns anywhere

IM GREEN

>>13899346
Then take an educated gamble I guess. But I hope you find something to live for besides money.

>hes not all in biotechs right now

>>13899404
https://www.thestreet.com/investing/fixed-income/us-treasury-inversion-worsens-as-12-6-trillion-bonds-trade-with-negative-yield-14974117

>Benchmark 10-year German bunds, for example, are trading at -0.167%, near their all-time low, as the European Central Bank warns on regional financial stability risks
if only you knew how bad things really are

>>13899314
>argument about the rich
>contrarian
Are you sure you're talking about my posts?

Really made me think, OP

Trump is an asshole and i want to fuck bis asshole until it bleeds out the Money i have lost.

Fuck this retard sucker ass.

>>13899484

You're telling me! Down $14,500 and counting because of a fucking tweet...

>>13899346
I make a bit over $100K in salary and I just applied to do a remote work side gig to try and get an extra net $800 a month to invest. Pretty stress free side gig that would allow me to work from home (or even while at my real job).

The extra money over 10 years could net me an extra $5K annually in dividends.

>>13899347
SPY 300 END OF JUNE. THIS WAS THE LAUNCH POINT.

>>13899418

Me too. I think I'm going to ask out this hot foreign chick tomorrow. Probably going to get rejected, but it's the trying that matters, right?

LES GO PPT

Tomorrow's a green day, crabs gettin BTFO!!!!

>>13899464
>...a majority of respondents (52 percent) said they missed the loss of the single economic system of the 15-republic union, while 36 percent said they regretted that “people have lost the sense that they belong to a great power.”

So they miss having a common economic system between states and the feeling of belonging to a great power. In other words, they want to be like America.

what is this pump

>>13899530
Your chance if you don't ask is maxed at 0%. Your chance if you do is at least 0%. Go for it.

>>13899379
people don't choose their government anon. that's why i call it an injustice. how is it poor's fault when it's the rich who cause the conditions with terrible policy decisions? marx do not deny that people are not created equal, and he tries to overcome that difficulty with ideas.

it's telling that you'd rather to cuck out with a terrible boomer talking points that have been refuted for million times. no, communists do not want to seize private properties. they want to eliminate the capitalists' premiums that they steal from workers due to the access to the information that the poor do not have.

that's why i said that the rich got their wealth from networking, not working.

>>13899216
>You don't have to like it, in fact I think it's a very limiting belief system, but it makes a lot of sense. Before you roll the dice, it seems like there are many possible outcomes.
This is one of the big secrets, I think, is that things can genuinely go several ways within certain limits. We assign meaning and determinist logic retrospectively, but in reality, the possibilities are such that multiple mutually exclusive determinist paths can coexist at the same time. Sometimes, even things that "must" take hold, don't. Even the strongest tendency will statistically fail on occasion.

>>13899545
all natural and organic

>>13899545
it's a marge

>>13899545
Winning. Winning and victory.

>>13899543
You talk to many older Russians who can remember the soviet union, they are often nostalgic for its welfare and public services.

What do you folks think about NBRV

>Cramer says MMM is an "auto stock"
>automobiles in 2019

AAAAAAAAHHHHHHHHHHHH
AAAAAAAAAAAAAAAAAAAAAHAAAHAAAAAAHHHHHHHHH!!!!!!!!

>>13899543
It means nationalism is making a big return in the next few decades. Everywhere. Which is fine by me as long as it's tempered.

People want something that is their own and they can look forward to. Multiculturalism demanded nationalism die. People won't suicide their own culture and country to become part of a nondescript balkanized arm of some greater body.

>>13899530
GAMBATTE, bearchad!

I think I'm gonna use this pump to buy more 3xInverses... maybe tvix or SQQQ, but I don't want to complicate things.

>>13899606
I had an uber driver last week who was a Russian immigrant. He was only 30 years old but was INTENSELY nostalgic for the soviet union, he was literally yelling about how Russia's economic woes were a German conspiracy. My sister got really scared and wanted to get out of the car but I thought it was hilarious. I kind of wanted to ask if he read Limonov or something but I didn't want to escalate the situation, he was def a little crazy.

>>13899642
Agreed

>>13899352
>They are already doomsaying on every website that covers the market. It's a full court press.
bullish, desu

>>13899606
then you look at old fotos and videos from that time and you realise those public services must have given brain damage

>apple

>>13899678
he was an infant at the oldest when the ussr collapsed. fucking lol

>>13899533
Jesus, how horrifying

>>13899357
jej

>>13899533
Beautiful.

Guys, is Tesla a meme, or does it actually have term potential?

>>13899606
>old people like free stuff

more news at 11

>>13899545
day traders closing positions
and it looks kind of like some shorts getting screwed

>>13899678
>30 year old is nostalgic for childhood
woah, ive never heard of that before!

>>13899718
based baggie, as usual

>>13899737
you mean delicious?

>>13899776
meme

>>13899484
bit gay

>>13899776
long term short potential perhaps

>>13899696
that looks like late ussr when it was collapsing

>>13899581
>This is one of the big secrets, I think, is that things can genuinely go several ways within certain limits. We assign meaning and determinist logic retrospectively, but in reality, the possibilities are such that multiple mutually exclusive determinist paths can coexist at the same time. Sometimes, even things that "must" take hold, don't. Even the strongest tendency will statistically fail on occasion.

Typical word salad from a commie faggot, like usual. You entire shit post could be shrunk to "mutually exclusive ideas can coexist at the same time". Retard

Sat on my hands all day, while sitting on my ass and watching the market.

Fuck this shit, I've gotta start thinking more long term.

Beyond Meat ends the day up 13.37%

God has forsaken us.

WHERE IS DING DING DING POSTER!?

>>13899776
Their cars are shit but with a macfag following. Their yuge battery factory is the real asset. That or if somebody who akshually knows how to make cars buys them out and makes use of the value of their brand.

>>13899568
>people dont choose their governments
That's not unjust. Nobody gets to choose. At least not entirely. And the few that have a voice in their own governments had ancestors that made some serious sacrifices for that privilege.

>capitalist premiums
Get more specific, cause this could refer to anyone. Capitalist is just a person who owns private property for some sort of profit. Could be a kid mowing lawns with his own lawnmower. Could be a buffett style investor. Could be a business founder. Could be a home seamstress.

>stolen
Commies say this a lot. What was stolen? And how? You're like the girls who cry rape at everything. "Help these men are stealing my labor". How many people steal office supplies from their business? How many people slack off while getting paid? They're stealing too. Of course, aside from your self important middle manager, nobody really gives a fuck.

>networking not working
It's both. Anyone can do it too. It's not as if theres some invisible wall preventing you from talking to people and improving your skills to make yourself useful. Theres hundreds of books written for this very purpose and the internet has a plethora of free information on the same subject. It's not hidden.

Ding ding ding! How did everyone do today? I'm down .12%, another sucky day but this is a controlled slide. My BGS is now strongly profitable!

>>13899848
Dude. I am $20k deep in shorts on that pig. They better slam down to earth tomorrow or I’m gonna an hero.

inb4 dingdingding, lmao

Omg who is always buying out that crappy market?

>>13899871
Up 10.5%. I think that's the first time I've been in double digits two days running. Hoping I bought my calls at the bottom today and I can make it a threebie

>>13898630
>Most people who lived in the USSR miss it

Commie boomers are delusional kek who would have thought

>>13899870
capitalists demand massive payments for basically arranging deals with other capitalists to mobilize workforce for whatever ends.

it is stolen because the poor were never given opportunities to do the same. they are not able to access the capitalists who gatekeeps themselves away from the plebs.

it's not about skills! skills don't mean crap. it's about who you know.

>>13899871
Up 1.57% desu. However, my s&p mutual fund isnt updated yet.

The market is going to bounce tomorrow unless we get some bad news out of Asia. FUCK, I thought that we could have sustained those higher losses.

Such is life.

>>13899606
Old People have to die as fast as possible. They hinder our progress aß a race!

>>13899848
christ

>>13899871
Green day alert

Shouts out to BGS
and UPS showing strength

>>13899896
I added 5000€ to my cash account just to be sure this moment.

>>13899871
Slept until almost 2 and still had a green day

Regret giving communism posting an excuse to follow from last thread into this one though

>>13899929
>premiums
>deals
If you own a company, and this one dude can secure deals for 10m profit on the regular, would you not give him 1m to keep him around? The deals and the dude are consequences of free association and free market. Nobody has to do business with you. They can go to someone else. Same principle applies to the individual. Make yourself useful to the business owner, and reap some rewards. Maybe you dont know business owners. Fine, go meet some. Or go meet people who can help you meet them. Nothing is stopping you. If you dont think they'll give you the time of day, then maybe they're just assholes, or you haven't given them a reason to speak with you. Become the person that can secure those 10m deals. Or shit, maybe just be the trustworthy and honest individual. Rare these days. You will stand out.

>never given opportunities
Not anybody else's job. It's yours to seek out opportunities. Imagine Bezos in another timeline where somebody else founded Amazon and now hes complaining that he wasnt given the opportunity to make Amazon. That could be you. You're depriving the world of your greatness. Dont do that.

>>13899871
Up 24 percent but only because I fomod into bsv. Probably would be higher if I hadn't fucked around with robinhoods shit tier crypto selling.

where's that AMD nigger now? his margin call is coming faster than I initially anticipated

>>13899871
I‘m flat today and until Monday coz I made all my monets yesterday.

>>13900142
Imagine not getting out of AMD yesterday

>>13900072
You concede that capitalists take massive premiums for essentially knowing right people in right places.

Discussion over.

>>13899837
the ussr always looked like it was collapsing,
also the fact that it was collapsing is telling, isn't it?

>>13900177
>implying this is unfair or unjust

>>13900177
>people getting paid is unfair

>>13899871
down 14% on puts 2 months out on a flat stock. insane whipsaw of volatility on news and technicals.

>>13900177
Communism Expectation:
>Free gibs for me!
Communism Reality:
>Govt shoots you, your family, and your dog because you are a lazy neet who doesn‘t contribute anything towards society

Commieniggers get the bullet.

excruciatingly boring couple of days on the GALT/LCI index


much more exciting is the fact that TSLA broke down HARD out of the falling channel that I drew a few weeks ago

>>13899871
Up 0.37% ($86). Good enough. At least I wasn't red on yet another shit day.

>>13899776
yes

>>13900211
It is unfair because it's impossible for plebs to know these information. How are you supposed to negotiate for a fair salary when you rely on information from capitalists who have every incentive to lie and is lying.
>>13900241
Didn't say this but ok

>>13900267
I just want information to be accessible anon. If workers know how much their labor is worth, then they will be able to actually negotiate.

>>13898466
>he believed the university meme
Top kek my friend

>>13899871
up 1.7% on the day, -11% on the month, who am I? :^)

NRZ starting to look good, AAPL starting to look good...

Hmmmm... Is real estate okay? An anon said community banks to close is the next cue of shit hitting the fan, I assume default on mortgage payments to follow afterwards?

Maybe not so safe... but not as dangerous as consumer electronics without the raw materials...

Maybe time to look into canadian miners or south american? Or even africa...

>>13900486
lmao exactly what info are we talking about here? If you agree to take a job at a set wage how is that unfair? You agreed to it. If you wanted a higher wage, fucking ask for it already or find a better opportunity.

>>13900486
>i want information
>but I don't wanna pay for it

also

>people can not value their time on their own

>>13900177
That is extremely valuable function and asset.

>>13900486
The information is in the wage they get hired.

You can always work for yourself at a wage you set for yourself if you are not happy with what others offer for you.

WHERE MY CY BOYS AT

>>13900466
>impossible
Yet here. We. Are. With full knowledge. Because the internet exists. And the library exists. Maybe in the days of the industrialists you could argue that the information was unavailable, so you had to get lucky, educated, or be skillful enough to have a reputation to become known and be mentored, picked up, or taught.

Again, what is a fair salary? I would say it's how valuable you are to your employer that you choose. If you're employed by company A, and your skills are one of a kind, but company B will pay you more, then you choose which to go to. If your only skill is flipping burgers, well that's not one of a kind. You'll get paid about the same wherever you go.

>capitalists
Again, be more specific. Given the context I'm assuming you're talking about businessmen, officers and boards of corporations. Negotiate wisely. Think of how much value you actually provide the company, as well as potential future value, and how you intend to sell that. A company is primarily focused on service and profitability. Have to give the people what they want in order for them to buy your stuff. Help them do that in some way, preferably a bigger or better way than your peers, and you offer them value. They want that.

>lying
Some do. Some dont. It's not a perfect world. But going back to the first point, if you offer them a service that will benefit them, and they arent paying you enough, and someone else will, you can leave. If you dont offer them something valuable enough to care, chances are others wont either.

Become more valuable. Why is this so hard to understand? Am I not being clear?

How much capital do I need to start a divvy portfolio that pays out roughly $700 a month? I want to reach the point where my true expenses are covered by my investments and I work for pleasure/to increase my portfolio standing.

Have 10K to play with, figure the financially independent bar for divvy profile is somewhere around 350K?

>>13900673
>Become more valuable. Why is this so hard to understand? Am I not being clear?

It requires effort, so internet socialists abhor it.

>>13900679
$8400/yr
with 5% yield that's a principal of $168K to achieve $8.4K.
But to pay taxes, compensate for inflation, maybe lower the yield a bit to be safe, you're looking at ~$200K.
Be really ultra ultra safe at 350K, at that point you only need ~2.4% yield.

>>13900621
workers don't know how their pay compares to others, so they can't know if they are comparatively underpaid.

Not a communist, not a teamster, but the way we talk about workers rights in the US is messed up. It sounds like we really were brainwashed by the corporate elites.

Compared to the rest of the developed world, we get FUCKED in terms of hours, freedom, vacation, benefits, etc. Paternity leave isn't such a radical "free money" Marxist idea. We already subsidize marriage with tax benefits, isn't that because we want stable families to produce productive offspring?

>>13900705
...it's also extremely difficult to do. You can gain skills and experience, you can groom better and practice social skills, network and learn a language... but you can't raise your IQ or dramatically your height and attractiveness, or anything like that.

Not saying give up or anything remotely like that.

But damn, once AI can drive trucks, fight wars, stock shelves, etc., we better find something to do with all these people of the world who aren't Bezos and Buffett.

>>13900830
>workers don't know how their pay compares to others, so they can't know if they are comparatively underpaid.
Hey Bob, how much does the Bossman pay you?

>>13900830
>but you can't raise your IQ or dramatically your height and attractiveness, or anything like that.
Comparative advantage and division of labour has a place for most people, even for the low IQ retards.

It's another, boredfags respond to commie bait all fucking day episode. Nerd virgins, I tell ya hwhat.

>>13899871
I JUST WANT MY DAMN INDEX FUNDS TO STOP BLEEDING

STOP

BLEEDING

>>13900892
I‘m fapping on company time rn

>>13900892
yes its very unfortunate, like half the thread is off topic at this point

maybe next thread will be different

>>13900830
>workers don't know how their pay compares to others, so they can't know if they are comparatively underpaid.

they don't need to know because they can get other offers from other employers and or gigs and then figure out the most profitable way to go.

furthermore if you're anything above a burger flipper you can expect a difference in terms of quality of work among people and therefore different wages.

and you want that because if your work is as good as anyone's else's your only way to compete is by offering lower costs to the employer.

>>13900862
I empathize with that guy but I don't sympathize. Workers in the US are tricked into not discussing what they make, because it's (((impolite))).

>How much do you make, Bob?
>Oh, you know...
>No, seriously! I'm curious.
>About $100k, why do you ask?
>Wow Bob, what do you do to get that much? Maybe I should see if I can get that much. I hear Alice gets 110!

That fuckin' easy.

>>13900830
Slightly agree. US requires a lot of efficiency because it subsidizes the rest of the world. Essentially we work harder and longer so that other people dont have to. Of course this means we can fall much harder, but we can also rise just as hard.

>dont know comparative pay
Glassdoor exists. Internet forums exist. Talking to other people in the same industry exists. If they dont know, that's their own fault.

>skills can be difficult
Yes it can be difficult. And nothing we do will fix low IQ individuals. Sorry. However, if your IQ is in the triple digits at all, you'll be fine. You can learn. You can maintain discipline. You dont even have to be the best, you just have to be pretty good and consistently improving, however slight.

>>13900950
>and you want that because if your work is as good as anyone's else's your only way to compete is by offering lower costs to the employer.

which is for low productivity people (often poor and dumb people too) limited by minimum wage law and other 'workers' rights'

>>13899941
What makes you think that? I was about to add to my short position until I saw this post...

Got a little bit of time before after hours ends, care to explain?

>>13900925
>>13900862
Do you have a real job?
That question is a fucking minefield.

>>13900873
Not really, if the US Army can't find a use for you, there's not much hope for you. And there are plenty of people like that. People who can't handle complex tasks. And right now, tasks keep getting MORE complex.

crab futures

>>13901025
Die

>>13898507
I regret not buying BYND. I regret buying KHC. Who doesn't love processed foods?

>>13900998
> limited by minimum wage

but we want that because pic related

>>13900862
Some places it's against the rules to talk about pay. Kys yourself

>>13901005
>tasks getting more complex
This actually made me stop and think for a bit. You're not wrong. This is a trend. Hadn't really thought about that before. This leads to more questions. Thanks fren, something new to consider.

It's not about comparing salaries retards. It's about how much you make as a result of your labor. You do not have access to company finances to make an accurate assessment of your value.

The capitalist have full access to the information and extracts the maximum amount of premium that they can get away with.

>>13901052
Damn that's metal as fuck, are they alive for this?

>>13901056
BYND has a 5b market cap off a projected 350mm in sales. Fucking ridiculous. If they go over $100 it is pure manipulation.

>>13901087
The interests of the elites are tied closely with the acceptance of meat substitutes. The company will be a success because big money won't let it fail.

>>13898352
I’m 40

>>13901079
>You do not have access to company finances

he said in a stock market thread

>>13901082
yes, they arnt even crabs

>>13901079
>You do not have access to company finances to make an accurate assessment of your value
Man that depends what company you work for.
I know roughly, and can ask exactly, what my current job site makes/spends, what the other job sites make/spend (breakdown parts and labor), etc.

It all depends what company you work for. Most companies aren't some evil empire. Especially if you're a good employee making good money ;^), they will see you as a leader and contributor.

How many jobs (real, adult jobs) have you had?

>>13901136
You only have access to broad and vague information. 37% of total revenue goes to paying labor. What does this mean about your labor exactly?

>>13901005
Yes, I am a mailman. A corporate one, not govt

>>13901152
I worked as a landscape worker for a year before going back to school. They memed open book but it wasn't possible to find out how much the clients that I was working for was paying my company.

>>13901151
Wait i'm confused now, does this mean it's cuttlefish futures?

>>13901120
remember when all mainstream news sites simultaneously ran articles about how great maggot based meat substitutes where? Hmmmmm

>>13901170
It means that a housebuilding co has to buy bricks and shit from a brick making co, paying for other peoples labor too.

>>13901170
that you're not very smart.

you're probably not human if you eat meat substitute burgers

>>13900905
Invest according to your risk tolerance.

Buy Sprint

>>13901236
meat substitute? Are these like dildo burgers or something?

>>13901212
just feel free to hold off on the big brain discussions of corporate culture and employment practices until you get an adult job
;^)

>>13901236
I've been eating more vegetables and less meat recently, but I still eat A LOT of meat.

be ready for meat prices to rise, make sure your freezer is stocked with chicken breast and sausages

At what point is this trade war bullshit going to be finally priced in? I'm sick of this "stock market opens with a base of the trade jitters" every day for the past month.

There's a lot of spouting indoctrination in this thread.

I want my stocks to go up too. I mean fuck, I bought Altria, but I would rather people stop smoking because more cancer leads to more suffering.

Yes, lower wages and less worker rights mean more gains for your stockies. But the idea of the rational market, especially when it comes to the labor market, is inaccurate.

Being good at your job and valuable to the company are not as well rewarded as being good at negotiating and good at finding high paying jobs.

Models are great, but they don't capture the complexities.

>>13901124
>1 post

>>13901151
Cthulu as FUCK

>>13901201
Alright, go ask the other corporate mailmen in your company what they make, and then figure out who is more efficient at their job. Repeat this with the rest of the mailmen in your building, area, and broader marketplace.

>>13901217
maggots are unironically a great source of protein.

>>13901220
No shit, and it's not possible for workers to know the numbers to make an educated negotiation about their value..?
>>13901231
Enlighten me then faggot

>>13899115
I sold all my LCI. I'm the real LCI guy.

>>13901305
More gatekeeping bullshit from capitalist. Exactly what I always get from talking to you faggots.

>>13901074
There's no way that's legal.

Knew I should have gone all in on FOMOing this shit

>>13901307
If you just want the trade war priced in and none of the other FUD (food crisis, credit crisis, etc. etc. etc.) we're approaching those levels

there are a lot of things being priced in right now


>>13901366
you don't sound like someone I'd hire :p


>>13901372
it's not

>>13901372
>America
We have a long history of fucking over our workers.

It's also not legal to send agent provocateurs in to your worker's union rallies.

>>13901074
So talk about it on your own time. Are you all just pretending to be helpless babies?

>>13901430
If you have proof that your boss is fucking you over just take them to court. Use the settlement to gamble with options

>>13901456
>implying they'd settle and not just fuck you over even harder.

>>13901391
Don't care. I'm interested in actually getting my worth out of my labor rather than giving it to pigs like you.

is it smart to buy american stocks right now?

>>13901480
No lmaooo

>>13901480
No, sell Nikkei calls instead

>>13901260
I mean, I'm overreacting. Bear time is normal, and I've got about 30 years of investing ahead of me. It just hurts a little more each day is all.

>>13901475
>Don't care. I'm interested in actually getting my worth

how much do you think you're worth?
what's the most valuable service you can provide?? ;) ;)

>he didn't buy calls at the bottom today
lel

>>13901528
you won't tell me. i won't tell you.

>>13901525
Chaos = Opportunity

>>13901480
Yes

>>13901567
Aw yeah straight puffin bro

>>13901475
>I'm interested in actually getting my worth out of my labor
>I was a landscaper for a year and now I don't make any money
hmmm

>>13901599
>weed
You did it wrong

>>13901339
>I can't do anything on my own

read pic related and apply to your problem you child

>>13901614
Is that so?

>>13901614
Who cares, he has the sacred herb Tabac

>>13901475
Ever thought if maybe you are getting your worth, or even more? Just because you want your worth to be higher doesn't mean it is.

>>13901652
Tell me more about the prophecies of this Ronald McPaul

>Me go on vacation :< no make threads for few days

we'll miss you Dobber!!

>>13901637
i am already beating the market significantly with my investments. not even related to my points about getting fair wage as well.

more useless capitalist drivel.

>>13901680
experience tells me he never worked a day in his life, anon. at best he had some entry level job and got confused because "mama's special little snow flake" didn't get treated as such.

>>13901689
He convinced Crapo to support it

>>13901575
>Chaos = Opportunity

Of course.

>>13898559
Those are already priced into the market.

>>13901741
finally new guppie OVA next month

>>13901725
keep being a good indoctrinated goy. the capitalists like you that way.
>>13901680
open the damn books then.

>>13901723
stfu you larping idiot. the book is about information discovery, the very problem you are ironically having in a thread about the stock market - a place where people based on their ability to gather information speculate on price development.

Rate my portofilio I wanna get, bros:

HAL, TESLA, GD, LMT, Facebook, Amazon, Beyond Meat, Aurora dude weed lmao

R8 and h8 or b8

>>13901723
Why do you hate freedom?

>>13901729
...who?

>LCI beings to sell Methylphenidate Hydrochloride ER tablets
>I will be profiting off of actual spergs
This isn't how I wanted to make it frens...

>>13901772
> the capitalists like you that way.

they like me because I'm valuable person. are you? (hint: your wage tells you how much people value you)

>>13901791
im talking about using information for negotiations for your wage, not stock prices. TWO DIFFERENT THINGS WITH DIFFERENT REQUIRED INFORMATION TO MAKE INFORMED DECISIONS.
>>13901808
and you would rather to be wage slaves than being liberated. okay?

>>13901772
You dont sound like someone who is worth more than minimum wage. Maybe 10% more if you look good in knee pads.

>>13901832
no, your wage tells you how much your production contributes to your company after discounting premiums stolen by your bosses.

>>13901213
horseshoe crab futures would be better
only biotech i'd ever touch

>>13901834
I am not a slave, I work for my employer by my own choice. I can leave if and when I want to.

>>13901841
keep sucking that fat capitalist cock oh yeah!

>>13901856
Whats stopping you from making a company that's not stealing any premium and thus beating other companies on price?

>>13901856
Company owners need to get paid too. Why are you so greedy?

>>13901875
nothing, and that's my plan.

>>13901871
Fat capitalist cock> malnourished communist noodle

>>13901824
The single guy preventing it from even being voted on

>>13901884
they deserve maybe 50k-100k for a reasonable middle class life. why do they try to get 100k+ out of their jobs then? just how twisted your rationalization is if you actually think that company owners get paid less than their workers.

New

>>13901914
>>13901914
>>13901914

What do you guys think of General Dynamics? If war happens, shit might get pumped, yeah?

>>13901703
i dont make th-threads baka

>>13901891
So you'll be making a form of cooperative. It can work successfully, but you need like-minded folks. Honestly, good luck.

>>13901834
>TWO DIFFERENT THINGS WITH DIFFERENT REQUIRED INFORMATION

here's why you're utterly useless as a human being: obviously you are unable to apply learned knowledge to new, but similar situations.
you know there are people who define 'intelligence' that way. did it ever cross your mind that knowing how to acquire information from and about a corporation is the very thing you want to assess your value to them?

you're a fucking child and it is obvious that your real problem isn't so much that 'the workers don't get treated right', but that people constantly let you know what a despicable worthless piece of shit you are and you are angry about not being treated in the overvalued way you think you're worth because you lack any reference to the real world.

even now you forced me to spell out the most simple ideas to you becaues you are unable to carry your own weight.

>>13901915
Investors should get paid relative to their investment. If someone invests 2 mil in a company he should get double the dividends of someone who invests 1 mil.
The thing about capital owner income is that it scales up much better than wagie income. Can always invest more money, but workers can't work more and more hours, only so many hours in a day. Capital scales.

>>13901906
had to look up Crapo's twitter and found this guy, lol:
https://mobile.twitter.com/AngryNIdaho?p=s


>>13901915
>never had a real job
>ready to decide what everyone 'deserves'
these zoomers are really naturally born commies aren't they

>>13901703
thats old from early morning thread

>>13901856
no, your wage tells you how much people value your contribution (and by extension you).

there are people employers fight over. and then there are people like you.

>>13901984
>implying rkg is a pretty, blonde-haired, blue-eyed, big-titted white girl

>>13902053
>implying the original rkg didnt die almost two years ago

>>13901391
>it's not
Yes it is.

>>13899871
i'm only up 0.13%, but I just started investing so its good to see some green after a few initial days of red

How fucked am I?

>>13902704