/biz/ - Business & Finance

I was about to make one, you stupid fuck.
FUCKING KILL YOUSELF:

>>23030679
Marie please, put down the gun already, I'm sorry that all these other faggots are too lazy to bake

is anyone actually investing in this economy? or just riding the fluctuations? price valuations are insane.

What's the minimum threshold to get out of being a wage cuck? Approximately how much starting capital is needed? Would 100k work?

Who here has iron hands and will make it?

Is there a Marie Kondō themed JAV yet? There’s a jav spoof of the joker that came out days after the movie but no Marie Kondō jav???? Fucking get to work Japan

>>23030717
If you're going to love comfortable on dividends? Try millions. Takes a while to accumulate my friend

Hey guys, I have $2000 saved and am going to use it all on growth/dividend stocks.

Got any recs for beginner investors like me?

>>23030717
When I reach $300k I'm quitting my job. I'll live like a poorfag with mommy and daddy, and see how it goes before I move out.

>>23030782
Congrats, you'll have $10,000 in 20 years
The less money you have, the riskier you need to be.
Unless that money is money that you can't live without and will kys if you lose it all.

>>23030782
Spy and qqq

>>23030820
He has $2000 dollars.
What the fuck is he gonna do with those returns?

>>23030782
Ditch divvies, buy growth stock that are either currently undervalued or have the ability to become more valuable as time goes. Personally right now I think PLTR is hot after the IPO settles down a bit

>>23030820
Based

>>23030810
You know that people can contribute more capital at anytime right? It’s perfectly reasonable to start with $2000

>>23030861
He could pick some classy recovery stocks and triple his money in 1-2 years even if he wanted to be extremely conservative with his money.
I don't get this divvy shit.

Grading in schools should be abolished. All it does is condition people to believe in meritocracy/capitalism.

Great video:

https://youtu.be/jxDzR6U1Vc8

Fractional shares, or full?

>>23030882
People like to build dividend stocks up over time. A lot of investors are in it for long term financial security for their families. Dividends are an important tool in accomplishing that

>>23030905
Exactly what I expected

ATTENTION ANONS
WHO IS CHAD ENOUGH TO BUY THIS
https://www.marketwatch.com/story/you-can-soon-buy-playboy-stock-again-iconic-brand-returns-to-public-markets-by-merging-with-a-spac-2020-10-01?mod=mw_quote_news

Before you reply to a post, ask yourself
>Does this post spark joy with me? Will writing a reply spark joy with me?

>>23030707
Well interest rates *are* at 0. What valuation level makes sense there?

>>23031004
>playboy
Maybe 25 years ago. Playboy is dead.

When does the stock market recession start? By all metrics the real world economy is in a recession with massive job layoffs, unemployment, people struggling to pay rent/mortgages at a very high level.

>>23028372
So like, the flu every single year?

>>23031078
Don't get me wrong, I'm not buying that shit
I just found it hilarious

>>23031004
Owning it just for the memes
Sort of like owning Rick.

>>23031085
it was in September

>>23031085
>unemployment
you mean UBI where people are making more than they did while working.

Is the recent spac craze the new time bomb? How can this blow up in our faces?

>>23031085
What's the current state of wuflu vaccine development and deployment? What happens to demand as that plays out? How early is "too early" when it comes to that play in a 0% cost of capital environment?

>>23030760
im with ya fellow coom cat

TRUMP PUMP
BUY GOLD MINERS AND TECH

>>23031137
SEC implements new rules to prevent reverse mergers

even if me make it, we'll still be alone

>>23030782
dont buy stock, buy .90 delta calls for jan or later on a FAGMAN with IV percentile 40 or more (AMZN) and sell weekly calls against it

>>23031124
Not anymore. At least, not in some states.

TSLA gonna explode out of the game over Trump recovering. It took a major hit, much more than anything else, over this Trump getting covid news.

>>23031188
Joke's on you
I'm gonna make it to help the people I love
I will pull my family and my friends up from the scum of society if I have to fucken eat shit to do it
Your fitness, your health, and your social wellbeing are in your control.

>>23031078
Playboy is so pozzed that I wouldn't be surprised if they put a tranny on the cover of their magazines.

>>23030906
plz halp

>>23031188
I like being alone, I've gotten used to it
Plus I've got all of my 4chan frens, we're all frens right guys?

>>23031239
What are you asking help for exactly?

>>23031239
What are you even asking?

>>23031261

>>23031198
just sell uncovered calls on amzn bro

>>23031085
In nominal terms? Whenever Congress stops printing money to pay people's monthly payments, so probably right around now.

In real terms? We're already in one, reminder that with March stimulus increasing money supply by 20% we're still effectively 20% off the ATH.

>>23030810
$2k is my starting investment, not my only investment.
>>23030820
Any reason why those specifically?

I'm thinking of starting a waffle house when I make it big. I'm gonna call it Super Syrup.

>>23031263
>>23031268
If I should just go with a fractional share, or buy a whole share.Is there a catch to a fractional share?

>>23031261

>>23031261

>>23031261

>>23031303
The only issue with fractional shares is you can't do stop losses or limit sells. Other than that they are fine.

>>23031299
>Any reason why those specifically?
They are boring and safe etfs

>>23030906
Doing buy-and-hold-forever? Should be fine.
But if mucho-trading, be aware that selling fractional shares will make IRS paperwork more annoying than it already is. More than you would think.

Wmt will double
by 2022

looking for a long into companies with decent 3D printing exposure, or supply chain risk mitigation. Any anons have an idea?

>>23031303
Unless it's Berkshire Hathaway or something, you should have enough money to get to full shares in no time at all.

Kind of like you're setting off on a cross country road trip and asking if you should buy a partial gallon of gas or a full gallon. You should buy lots of gallons - get the money for lots of gallons. And don't worry about the fractional gallons.

>>23031154
Buying tQQQ on the premarket dip

>>23031365
GME
By 2025 they will be 3D printing fully sentient sexbots and waifus

>>23031356
There are stocks that will double by November
There are recovery stocks that will triple in a year

>>23031365
Some anon was shilling DDD last year. I never looked into it but the chart looks like shit.

>>23031386
lmao I've already swing traded that one, don't care to get a wash sale on it

>>23030844
If you bought sqqq at the top and tqqq at the bottom and let it run you would have like 60k off that 2k. I grabbed the top and the bottom but lost the gains by going into sqqq/spxu too soon and losing my gains. Really improved by stop system though.

>>23031416
yeah but this is a sure thing

>>23031427
yeah and short interest is like 46%

>>23030717
It depends on what kind of lifestyle you want to live and you (want to) live.
If you want to preserve your wealth (adjusted for inflation) and you're willing to invest in a moderately risky portfolio (e.g. all in MSCI world) then you can probably withdraw 3-4%/ year. In other words, if you want $40k/year then you'll need $1MM+. I'd say that's the minimum if you want to retire in a wealthy country, but of course that's assuming no other income at all.
If you want to retire in a poor third world country then you can probably do a lot less.

I checked out the money show and the first few vids (i.e. the latest) involving trading instead of generic market stuff was oliver velez. It was garbage, he's just a conman. Trying again with john kuristo. If it's another scam, FUCK the money show.

>>23031550
where you (want to) live*

This is where we're going. Like it or not.

nothing personnel, kid

>>23030717
- You must have permanent housing
- You must be able to cover 2^(decades left to live) times food, house taxes, funtimes, etc. by the time you're ready to die, i.e. money inflow must match this goal
- You should have at least 50% of remaining lifetime expenses ready as a cushion.
2-5m in an expensive country, 500k in a good quality third world country. About 1k in dead african countries.

>>23031550
I want to move to a south american country. I think latin girls are my new fetish. There is this sexy ass Puerto Rican girl at my work that I'm seriously considering offering her $1000 to bare ass fart in my face.

>>23031427
Financials look like shit too.
Don't know about guidance.
Share price is approaching book value.
Might be a spec @ 3.5

>>23030782
Buy NAK

>>23030717
depends on your expenses but if you use leverage and sell options yes

>>23031615
I love that shit and Latin girls rip the best ass for sure. White girls still got belching though

>>23030717
If you want to "get by", 650k. If you want to live decently, but still budget, 1 million. If you want to retire without worrying about money ever again or your spending habits (as long as they're not retarded), 3 mil.

TIDY
KONMARI
KUNNY

>buy any stonk in current market
>if it drops set 1% S/L get out
>otherwise let it ride to 5% or 10% plus
>rinse and repeat
random entry
explain why this cant work?

>>23031669
Well I'll let you know if I make it. We can both go and huff braps together.

>>23031724
Please do I lurk these threads regularly. Post an update of it ever comes to fruition

>>23030717
My thoughts are 1 mil is ez street (5% per year is 50k), 500k will probably be self sustaining if you're good at this game.
Personally I'd love to work a night/weekend part time job for 15-20k and aiming for 15-20k off the market, living like a student and saving/reinvesting until I make it but that's probably all fantasy.

>>23031723
> go to the casino
> if I lose $100 get out
> otherwise let it ride to $500 or $1000 profit
> rinse and repeat
bet on random numbers
explain why this can't work?

>>23031723
Set the SL and TP BEFORE entry.
Yes, this works, absolutely, so long as you move up the SL as the trade goes your way.
Otherwise the problem is purely luck: you could be entering 10 trades in a row that go poorly if you go at random. Your expected returns with this strategy is like 1% per month. It's great, but you can do far better if you use additional information to reduce the amount of bad trades you get into.

*MCCONNELL WON'T PUT A BILL ON THE FLOOR UNLESS IT HAS THE MAJORITY OF HIS REPUBLICAN CONFERENCE - POLITICO *MCCONNELL SAYS EVEN IF A DEAL COMES TOGETHER THE SENATE WON'T BE BACK IN SESSION UNTIL AFTER OCT. 19

>>23031773
The difference is that your RR at the casino is less than 1:2 and you need to do repeated bets to reach 500 or 1000 from $100 risk. In the stock market, you do a single bet, and it either does or does not go your way, with an RR of 1:10 or even 1:20 or 1:60.

>>23031723
It can but you'll have to move TONS of volume like the algorithms you're competing against.

>>23031236
They already did though.
>>23031239
Chad only buys full shares in stacks of 100. Fractional shares market is not liquid.

>>23030782
MSFT

>>23031815
The opposite actually. You can only do this on a stock with good liquidity while you have little volume to contribute, otherwise it will move the stock and you'll get busted on every entry.

>>23031723

Try it and let us know anon. It's not like hundreds or thousands of others have thought the same thing before during coffee break or while showering.

>>23030782
Enter covered calls with monthly/quarterly divvie stocks. Maybe something in financials idk maybe there are some nice optionable dividend etfs. Commit to good shares and sell calls with expirys that are nice and far out. Collect divvies til the stock is called away or if the stock depreciates then you got some downside coverage as consolation loser.

>>23031832
>They already did though
You better be lying

>>23031867
You should try it yourself instead of knocking it. It works both in backtest and fronttest.
t. actually tried it.

>>23031813
>The difference is that your RR at the casino is less than 1:2
Same for the stock market. 50/50 chance of up and down - spread => -100% loss is the multiplicative inverse of +inf%.
Your repeated bet is implicit. By choosing not to pull out after a move you play again.

>>23031904

Post your portfolio then.

White House Chief of Staff Mark Meadows rubs his head as White House physician and U.S. Navy Commander Dr. Sean Conley speaks to the media about Mango man's coronavirus disease treatment at Walter Reed Medical Center.

>>23031782
Senators really are giant pieces of shit aren’t they

How much farther will Nike have to fall before they make any major changes in company policy?

You know, the whole super-woke, kneeling in front of the flag bullshit. I mean, If they have a miserable Christmas season, they will have to change or literally go the way of the dinosaur. Right??

Got 25000$
Want to make it 250000k $
What do

Got 25000$
Want to make it 250000 $
What do

>>23031940
Buy GME and GME accessories

>>23031899
Literally the first issue after High Hefner died. How could I get away with such a lie?

>>23031865

Don't listen to this fucker. I bought 50 shares of microsoft and it's crabbed at around 200 for like 4 months now it feels like. Every other blue chip stock has increased, microsoft is doomed to flounder

>>23031936
As long as new Jordan 1 colorways continue to come out Nike will never be defunct. Jordan’s print money

>>23030679
Dubs and I quit my job tomorrow and day trade from Starbucks without telling my parents

>>23031936

When people stop buying jordans.

>>23031940
>>23031952

>>23031983

Dave ramsey says something like 95% of day traders lose money

>>23031983
Day trade SBUX while at Starbucks is the ultimate red pill.

>>23031996
Dave Ramsey can eat my ass

>>23031959
interesting
unusual option activity?

>>23031940
>>23031952
have the indians infiltrated /smg/

>>23031936
Nike has the chink market now. Literally nothing can stop them no matter how retarded they are.
>>23031960
Oh I didn't know hugh hefner died. Just kill the magazine then.

>>23031936
Ha
The people running the show already have their money. So much money. SO MUCH MONEY.
I don't think you understand that the end game is no longer about making money. Think about all the businesses that lose ridiculous amounts of money over woke shit and refuse to change.

>>23031983

>>23032010
wat

>>23031996

The 95 provides for the 5. Who cares what some hack has to say.

>>23031983
I wagecuck but having a day job removes a lot of the emotional element of trading. I'd have very weak hands if I knew my playmoney trading account determines if I'm going to be homeless next month.

>>23032018
"Nothing can stop them"
>China makes cheap rip off on Nike products, government sponsors them, Nike blown the fuck out

>>23031866
I was thinking about the limited upside, if not heavily investing on one stock you'd have to collect your 5-10% off many instruments concurrently to make a good return.

>>23032010

>>23031908
In the stock market you make the bet ONCE, not 10 times in a row. On the ONE bet, your RR is no less than 1:10. If it really is 50/50 chance of up or down, you would gain infinite money (it's not 50/50 chance. The likelihood it goes down if you're entering on an accelerating red candle is almost 1, for example. Stocks are also correlated in some ways based on various timeframes, e.g. industry moves slow, total market trend moves even slower, and they contribute together to the slow components of the individual stocks' movement), news and pnd contributes to the fast components. Depending on events, you could be taking 10 random non-pennies and they'd all move in roughly the same way at the time you entered the trade simultaneously.
Regardless, a random entry still actually has a slightly higher than 0 expected return at RR's at least 1:10.

The bare bones simple retirement end goal amount: Current yearly expenses amount times two. Assumption being the cost of everything would double by the time your an old fucker. In actuality the expenses would be less due to less being sucked out by the time your old. (no college debt,no house payment, no credit card payment, no auto payment for example). So you'd be left with a nice extra amount just to fuck around with. Now the rub. Your health. You don't take care of yourself today by the time your an old fuck you may be in bad shape so all your fuck around money may be going toward health issues.

>>23032031
I live with my parents so

>>23031932
There's only two kinds of politicians, ones who are in it for the money and idealists, and the only difference between them is that the idealists believe they're doing the right thing when they lie to you.

>>23032048
It's generally better to do one trade at once, but entry/stop/tp and walk away also works if you use more than literal random entry. In that case you really need a good clue as to where's a good point to take profit though, otherwise the stock will just rise and then fall to your sl and you'll lose almost every trade.
There is no difference between entering 10 trades and getting 5% on each, or entering one trade with 10x the size and getting 5% once. If you're thinking about it in terms of risk mitigation, I think compounding is more efficient (hence better to enter trades sequentially).

>>23031723
I suggest you actually research the company and buy LEAPS on an undervalued option contracts with good premium that you really believe in and not bet more than 25% of your liquidity on one company.

>>23032071
I live with my parents, so ya

>>23032071
At around 7% it's hard not to have this beauty in your portfolio. I have 1000 shares and keep looking for opportunities to add more, I know it's risky but the divis are just to sweet.

>>23032075
It would be less insulting if the dem and rep senators issued a bipartisan statement to the public reading only “fuck you”

>>23032076
I'm still going to say that having all of your income from day trading if you haven't already made it brings emotions back into play. But if you already have a giant stack at such a young age (I'm assuming that you're college age) good on you.

you've payed your taxes, right anons?

>>23032067
>If it really is 50/50 chance of up or down, you would gain infinite money
What? No.
> your RR is no less than 1:10
Your reward of 10xRR is much more unlikely than your stop loss getting hit. It always averages out to +-0% - spread.
If you limit your returns you can create an homolog case where you play multiple times by staying in. It makes no difference.
> The likelihood it goes down if...
Yes and roulette is just physics.

>>23031778
>It's great, but you can do far better if you use additional information to reduce the amount of bad trades you get into.
I always hear people say this, but rarely do they actually expand on the point. What kind of information can you use to determine the wheat from the chaff? Meme lines? le fundamental anal isis?

>>23031778
Sounds good

>>23031967
> 4 months.

Nigga, everything in tech has crabbed except TSLA which is an entirely exceptional and not in a good way.

Microsoft is a good long term hold.

Are you guys college educated when it comes to this stuff? Or are you self taught?

Ok,
>$30k in checking account
>$35k in 401k
>almost paid off a $150k condo
>have a stable job
>want to buy land and house, ideally keep the condo for rent income

>>23032233
I would find it baffling to know if any one of you mooks actually came here with a sound, formal financial education background. How the fuck would someone like that even end up here?

Trump made it
Futures blood green aimirite?

>>23032166
Yeah. Ran one of those investment calculator things. After 27 years I'll have, well a nice fuck around pile thanks to just drip. Growth fund/401k/pension for regular expense coverage. Divvies for "play money" Hell may not even have to tap the divvies for play money in which case I'll just let them roll on.

>>23032190
Stop being clinically retarded please.
>>23031915
Here's the timeframe where I tested random entry on my play account.

>>23032233
college education even finance doesn’t help with this shit
Where stocks move only on retarded stories and emotions

>>23032294
You didn't run shit lmao.
>dividend
>going anywhere but down
lol you are retarded. Sad!

>>23032302
>Stop being clinically retarded please.
You just don't understand basic math.

>>23032305
>>23032233
Today's modern markets aren't driven by logic
They are driven by a combination of emotion, clown world situations, and trading AI
You have to teach yourself, but you can't teach yourself by traditional means. This shit is a battlefield where there is no Art of War.

>>23032250
you have way too much cash on hand

ITS SUNDAY

>>23032233

College doesn't teach you jack shit about these things. Most biz major students I spoke with don't even know how to do simple shit like DCA, bond duration or even option spread P/Ls. Might as well take $1000 and load it in an RH account, you'll learn more than what your professors or paper trading simulators will teach you.

>>23032266

I've been here for about a decade now? Was mainly in /a/ and /vg/ until I grew up and got an IB career in a bulge bracket. Got out of it because I couldn't stand 100hr/wks starting out and enjoy my comfy life not being sleep deprived and meme investing with anons.

>>23032302

Legit or paper?

>>23032266
Have you not been here since you were a teenager?

>>23032360
want to have a down payment ready for land and house, wfh is being made permanent where I work

>>23032266
>>23032305
>>23032337
>>23032366
Oh, I assumed it was taught in college.
In that case, what are some good books to learn about the market?

>>23032362
No yelling

>>23032302
he's right, you're wrong

>>23032233
Kek, my highest education level is high school followed by a few certs with some college credit tossed in. College is a fucking joke now, really a joke under the current mess. When you've got college educated fuckers working at walmart or McDonalds you know the system is fucked. But hey when you can work a low end job, make 15 per in the bargain and don't gotta fool with corporate/office shit the appeal is kinda tempting.

>>23032369
Any other absolute chads come from gaiaonline?

>>23032369
I've been here since I was a teenager, I just don't pry into the personal lives of other anons. I've always been a po' boy so I just don't understand why anyone wealthy, with so many resources to play with, so many opportunities, would do in a place like this.
https://www.youtube.com/watch?v=WkWpjCk7VvQ&feature=emb_title

>>23031952
Buy NAK

>>23032202
All of it. It depends on what you're trading and on what timeframe.
For example, if you're trading pennies, news is far more important than technicals. First you identify news, then you check for accumulation on the chart. If you have both, you position yourself as per the accumulation range (don't just enter at random hoping it doesn't go back to the bottom of the accumulation range, you'll be stuck holding bags).
If you're trading non-pennies, technicals work well, too. Look for triangles or wedges if you're looking to play a breakout, look for diminishing momentum near a resistance level if you want to try to play reversals.
If you're scalping (2m-5m or so), patterns like engulfment or 3bp's are a good entrypoint when confirmed by something else, such as an EMA (e.g. you would always trade in the same direction as the EMA, and you would use a color change to identify your entry and sl).
Additionally, the more tools concur with your story, the better your chances. Nothing's for certain, but that's where RR comes in.
Resistance and support levels are the most robust keypoints in terms of technicals. Even when news comes up, they don't become broken. The only thing that changes is whether you bounce or pass through the level.

>>23032366
Legit money account.

>>23032250
just be my wife instead ??

>>23032400

I'm surprised the OP still didn't include the mega link for the /biz/ reads. It's from when /biz/ wasn't a crypto shillhole like it is now. That and investopedia is quite great for learning the basics. The rest you learn as you go, because your "tuition" is getting your ass beat from making wrong/bad plays and losing money in your portfolio.

https://mega.nz/folder/1R0QATqZ#Eb1_M5KC9gkxK6w32R2ETw

>>23032479

Based anon. Glad it at least it works for you, I'm personally not an equities trader anymore ever since I tasted derivatives. That shit is addictive no matter whether you win or lose.

>>23032483
depends, are you a girl( cis)

>>23032454
interesting play ngl

>>23031877
>Commit to good shares and sell calls with expirys that are nice and far out.
Why would you do that instead of selling calls with weekly expirys? Its way easier to predict what a stock's price will be at the end of the week than at the end of the month.
>But muh premiums
Idk senpai, most stocks I see you end up making just as much money on selling weeklies over and over while adjusting the strike to stay safe than selling months out and hoping your prediction is correct.

>>23032463
Thanks homeboy, I've been trying to find the proper signposts to figure out what to study, maybe I'll stop making shitty plays sooner or later.

>>23032362
Sunday is almost over :(

>>23032266
I got a degree in accounting. Biggest waste of money I ever spent.

>>23032531
Thank you very much, anon

>>23032614

Lots of folks need book keepers and people with accounting backgrounds, especially during tax season. Better than getting some dogshit degree like finance and thinking you'll get into an IB or economics and thinking you'll be working at the Fed.

>>23032560
By far the most important aspect is stop loss/RR in my opinion. I like to never have a risk higher than 1%. Even at 1.5% I'm not comfortable. I'd rather wait for the stock to shoot up and pullback again if I can't safely enter with 1% risk. Second most important is multiple timeframes. I almost never go long if the higher timeframe shows a downward channel and vice versa. It's totally playable, I just don't like it personally. In any case the higher timeframe gives another edge in figuring out which scenario (up or down) is more likely.
Technicals are useful because they allow you to see a bunch of useful information at a glance that you won't figure out without the visual aid until you're an actual long-time pro. When you reach that stage technicals can be thrown out the window because you'll just be able to read all you need straight from the price action. Conversely, until then, ignore anything about 'reading price action' and 'TA doesn't matter' and 'learn to trade like a pro without indicators'. You're not a pro. When you're a pro, then go learn to trade like a pro if you feel like it.
News always matters, but only in confirming entry. Price accelerating near a resistance level with bad news overnight? Probably shouldn't enter, it will pullback, and probably deeply. Price going down to some weak support zone with good news overnight? Probably going to bounce off and rocket instead of dumping through to the strong support underneath.

>>23031917
How did you manage to fuck up this bad, ameribros? Why did you allow this?

>>23032233
Self taught of course. You think a college would teach students about options? Lol, they don't even teach you how to run a lemonade stand.

>>23032614
Why was it a waste of time?
I almost went back to school this year for an accounting degree but changed my mind.

Guys..when the fuck is this usps contract going to be announced? I hear oct 15th is the 90 day limit but these niggas have done radio silent

Thanks to the virus I've been semi retired now for 7 months. Still getting paid as if I worked full time. Hell I've not been this relaxed and just laid back and what have you for damn near 20 years. I work as needed which normally means I go in on days they need me and I'm back home by noon or a bit longer.

>>23030782
BUY PALANTIR

>>23032721
Why do you need to go to college to do accounting? Double entry bookkeeping is easy enough to teach yourself thanks to the internet. Hell, if that fails, your local library probably has shitloads of books on the topic.

>>23032785
Because boomers demand a degree in order to work for them.

>>23032799
I'm going to introduce you to a revolutionary concept in the field of getting hired by boomers:

Lie.

>>23032785
>>23032799
Because of that piece of paper.
I ultimately changed my mind about going to school, but I was curious why anon thought it was a waste of time.
I don't know what to do with my life, so I thought I should do SOMETHING.

What do you guys think about UUUU? Recent executive order might turn their revenue and operations around.

>>23032835
College doesn't teach you anything (unless you're physics/engineering/doctor/lawyer). Literally everything else can be self taught.

>>23032703
That's true but it wasn't work $48k in my opinion.
>>23032721
I could have learned all the stuff my shit teachers taught me in half the time on YouTube.

What do I buy if I'd like to invest in Chinese semiconductor companies, especially at the expense of American chip manufacturers?

AMD and NVIDIA are American right

Thanks to the explosion of online college hell just fork out $500 and get a "fake degree" complete with transcript. Long as you don't try for some high up level job right out the gate and display some competence in the job in question no one will give two shits.

>>23032551
What is interesting about it exactly
Either the permit goes through this fall and your investment is 2-4xed minimum or the USACE tells NAK to submit another proposal and your investment is halved and you're bagholding until NAK resubmits a proposal and the next ROD comes in
It's kinda 50%/50% but if you don't mind bagholding NAK then it's one of the safest plays to 2-4x your wealth that you can get right now

>>23032799

Sounds great until they want 3 years of relevant work experience on top of your overpriced tissue paper of a degree as well. Just fucking stretch the truth and sell your expertise at the interview, they don't care about how green you are. All they give a shit about are: are you willing to work and not bail in 2 months, do you know your shit like if you born with the knowledge and are you willing to take shit pay starting out.

>>23032873

NVDA and AMD are taiwan based, so chinese but not mainland china which afaik has no semis yet.

>>23032873
>Chinese semiconductor companies
Kek. Why?

>>23032863
Any channels you recommend?
>>23032855
Yeah, I'm starting to realize that. Still don't know what I'd like to do though. The only thing I'm kinda good at is cooking, but I don't wanna be a poorfag all my life.

>>23032820
>>23032895
I don't think I could handle that.

>>23032938
AMD is actually an All American Company, founded in California. Nowadays it's multinational of course, but still.

>>23032955
Washing banned sale of Taiwanese-made chips to China, right? So China is being pushed into a corner and is either not going to have top-shelf semiconductors (unlikely), or they are going to create their own substitutes.

>>23032969
>The only thing I'm kinda good at is cooking
Walk up to the doors of small businesses, talk to the owner, and tell them you sell bagels to employees to raise moral. $3 each.
>>23032979
Boomers lie all the time. "Fake it 'till you make it," was coined by them was it not?

>>23032969
I used to watch a good one back when I was still in school but it was years ago and I forgot. I teacher made us watch them, that's right my TEACHER made us watch youtube videos to learn. You can basically just search principles of accounting on youtube and you'll find a ton of good info.

How much SPY or VOO do you think I'll need to buy to have 40-50k in 3 to 4 years? I had money to buy a house before 'rona but put it into stonks. I just want something I can sit on for a down payment.

Do you niggas honestly believe we'll be green on monday?

>>23033084
>Connecticut
Do gen X'ers really?

>>23033115
why do you hurt my feelings?

>>23033115

>>23033115
I was thinking no but if a faggot like you thinks it will be red it will surely be green.

>>23033115
yes, blood green actually.

>>23033173
Blood aren't green though ...

I didn't go to college. Instead I looked around trying for a job that gave me security and would let me retire in the shortest time possible that wasn't military or police. I entered the state workforce. Some may hate it but when you can fully retire after 27 years (I'll be 50), can't get fired (you gotta actually try to get fired), have job security (I'm still employed even with this virus mess) and have a set pension, 401,medical, paid time off, get paid holidays it's hard not to see the appeal. Oh and my stress level is nil, no paperwork, no upper level management bullshit, just go in do whatever, then leave.

>>23033052

Fake it till you make it or act as if was coined by a 1920s psychotherapist as a rehabilitation technique according to wiki. But you can stretch the truth a bit to cover any necessary bases. Just don't lie and say you have things you actually don't like technical/professional knowledge or referrals.

>>23033115

Don't care if the market is green, only greens that matters are my portfolio and bank account.

>>23033195
best learn up on your memes, new blood

>>23031058
being a profitable business is something

So what are the markets doing tomorrow?

>>23033195
Ask me how I know you never played mortal kombat

>>23033084
based

>>23033171
>>23033167
>>23033157
REDREDREDREDRED
REEEEEEEEEEEEEEEEEEEEEEEEEEED

>>23033202
>the woman is taller
manlets, when will they learn?

Anyways, I'd rather just outright lie to the boomers. They don't care about me and I don't care about them.
If I'm put into a situation where I _REALLY_ needed that job, and I know I have the skills to do it, but I simply lack the qualifications - I'm going to lie. The risk to reward ratio is literally 0 because if I don't get that job I'd still be in my shitty situation.

>>23031612
>Yeah, be a good goy and keep contributing to your (((401k))). You need $5M to retire.
>Rubs hands.
500k x 5% = 25k per year without touching principal. If you don't live in the city and either live with parents or in a paid off home, this is plenty.

>>23033242

>>23033301
Try to be over 5'6'' feet and sit in the driver seat those race cars.

>>23033347
stfu manlet cope harder ahahahahahhahaha

>>23032716
What. Any decent corporate finance class will teach you about options and options pricing theory.

>>23033301

Small/medium businesses you can get away with that, large biz/corps it's going to be a bit hard. But everyone's situation is different.

>>23033084

Invest in NAK. There may be better investments out there but two things are going to have to happen to torpedo NAK wholly, which makes it a lot safer than most other investments that I'm aware of
A: This Fall the USACE tells them to submit a new proposal and deny their current one
B: Biden gets elected
If the current proposal fails the permitting process then it's ok because they will be able to just resubmit like they did back in August, because permitting agencies don't shut you down completely barring political motivations, they work with you so you can spend more money by getting permits through them.

If Trump loses to Biden but they get permitted this Fall, they're in the clear, because by the time Biden takes office the only permitting agencies they will need to go through will be state and local. If Biden does any EO bullshit to shut down the mine, NAK will have the courts throw that shit out so fast your head will spin. They will have already been permitted to perform the work on a federal level.

If the permitting falls through this Fall but Trump wins, just unironically buy the fucking dip, because it WILL go through eventually.

If BOTH happen, that's when you have to worry.

If neither happen, you're looking at a moon this Fall with an immediate dump while baggies cash out their chips, which means you can either flip your stocks for short term cash or go even more heavy in for the long haul. Afterwards, you'll likely have a trend back to a lowish price point, because mining investments are boring to investors so they will slowly start pulling money out, which means you can sell covered calls. You'll get minor dips and booms depending on random nonsense like Trump tweets or news but by and large things are going to be pretty static right up until the mine operations start and their first quarter earnings are in. That's when the second moon will likely come, but that's going to be 5-7 years out.

be afraid of the futures, anon
be very afraid

>>23033084
What kind of a question is this? A hundred shares of SPY or VOO already gets you close to your goal just by buying at market value.

>>23032220
>Nigga, everything in tech has crabbed except TSLA which is an entirely exceptional and not in a good way.
but tech gilf says its going to 7000+

>>23032020

This. The game is now about manipulating society to reach their end goals.

>>23033443
didn't read lol.

Guys I'm driving home right now and I think I actually might shit my pants

>>23033478
based

>>23033173
Always trust a bald man. Men with hair haven’t been through the struggle.

>>23033478
Digits and you shit on the highway for other cars to run over.

>>23030782
CRSR
GILD

>>23033495
rollin

>>23033474
Nazrin a shit

Why has TSLA not trading at 50% of its high?

>>23033423
professor noseberg isnt gonna teach you how to find this and make money on it

>>23033340
Ever heard of this thing called "inflation", gramps? You do realize that official inflation and real are not the same? And that some things become more expensive faster than others?
If you have access to pension then you can do with far less, but not everyone has that luxury.

>>23033115
Most likely yes. Unless we get some bad news between now and the open.

>>23031612
I never understood this. If you have something like 100k to invest, why not go for 10% per trade? Thats an easy 10k per week if you're feeling lazy, and way more if you know how to ta. Long dated atm options can easily net you 10%+ no problem. Just keep doing that and youre set for life. Always use a stop loss. If you trade crypto its even easier

NAKers
I heard the approval won’t be until late November
Is this true?

>>23033565
>10% per week
Were it so easy...

>>23033566
It’s nakfrican American

>>23033340
Also you'll be looking at minimum 600k, since you have to put 100k aside for a house, although that's if you're lucky enough to live in a country where you can find houses that ridiculously cheap. Even in rural areas it's more like 650k minimum assuming a golden opportunity, and that's today. In 10 years, more like 1.5m. IN RURAL AREAS. You also need to prove income for a mortgage. Just being able to buy the house outright is no good for (((banks))). Point is, you have no idea what life costs, let alone what it will cost.
Hope you don't expect to break an arm either because if you do, say goodbye to all your principal.

https://www.youtube.com/watch?v=mT2XqHyXrMY

look at the nice waterfall he has

>>23031612
I'm moving to Zimbabwe now.

>>23033566
Their website just says the USACE ROD will occur in Fall 2020. Where are you getting your information?
>My dad's homosexual lover's friend's gardener works at NAKtendo

>>23033423

Like knowing what's the difference between what's the difference between call/put options and Black Scholes means anything when you ride the eternal roller coaster where everything not index options are american.

>>23033527
covered OTM short strangles?

>>23033529
Inflation will inflate your investment portfolio as well. If recent history is any indicator, at a faster rate than the price of goods.

>>23030782
All in on NAK the gold rush for the modern man.

>>23033527
>>23033665
looks like a calendar on vxx to me
didya win big son?

>>23033653
I got my info from here, that's why I'm asking someone who looks like they know what is up.
Do you have a specific link to the article? Sorry fren, I'm just really curious about this.
Is there a specific date or will it just get thrown to the public at random?

I'm nervous because I'm doing the GME play right now and I won't see the rewards for that until November.

>>23033527
It's easy as fuck to get basic options data. I don't work with options but I do know how to use a Bloomberg terminal kek. Of course a basic corporate finance class won't magically turn you into a professional options trader but it will teach you the basics. And more importantly, a good Finance/ CS/ math/ data degree can land you a job with a good hedge fund (if that's what you're going for) where you will learn countless things you can't find on investopedia.
If you're a one-man team retail trader trading options you have close to 0% chance of beating the markets long term. And if you're one of the few extremely talented traders who can pull it off then you could most likely be making way more money working for a fund.

>>23033685
You have to hope that your stocks are going up more than inflation. So more than 4%. If you are under 4% then you are losing money.

>>23033565
Firstly we're assuming no active trading, otherwise, if you're god-tier, you can retire on 100k, if you're merely decent, you'll make it on 250k.
Secondly,
>10k a week
>on 100k
>if you're lazy
The fuck am I reading? The absolute bestest pro traders 20+ years of experience pull 150-200% on a good year, that's max 3.8% a week for 10 hours trading a day (extended hours mandatory).
That's the exception top-10 in the world tier.
50-75% is what you expect from a really good top-10% trader.

Guys I have good news. I made it, but fucking barely. I think this is bullish for GME.

Any hopium for bears left?

Trump better post a video of himself doing a backflip or something

>>23033685
Not if you're already using 100% of yearly returns on life today. Your returns will not be 100% yearly on SPY 10 years from now. Not to mention that the years where SPY is doing poorly, you're essentially double-spending (each dollar you spend is really worth more than that because it comes out of the principal and will not recover when the SPY recovers, permanently reducing your returns).

>>23033698
it was my first arbitrage opportunity with AM options so i didnt go all in but didnt want to miss out either. made 20% on 25% of the folio it landed smack in the middle of my calendar

>>23033663
He said a degree won't teach you about options which isn't true. If you're interested in options you can take an advanced class on derivatives. Of course you can learn this stuff on your own, but that can be said about literally everything that is taught at college.
You can learn everything a doctor knows by buying medicine books and studying from home too. But good luck landing a great job with no degree. inb4
> "I landed a $250k/ year job at a hedge fund with no degree"
congrats but 99% of people can't do that.

>>23033760
What is up with GameStop? Did the fucking NEETs spend all their money at GameStop?

>>23033618
Lots of houses in America for less than 100k in rural areas. Mine was 50k on an acre of land. I have municipal water and power, my monthly bills are around $350. I paid cash, and needed no banks approval. If I break an arm I'm in the same boat as everyone else; I have health insurance. It really is possible. If you are willing to make sacrifices, you can escape the plantation. Don't fall for (((their))) demoralization campaign.

>>23033789
Well cbs just reported that they think the president is much worse than he the white house admits and that he is only I'm phase one of covid.
>>23033823
Banking on a short squeeze and based cohen.

>>23033443
Wasn't Donny Jr. completely against the mine?

>>23033718
your right, but almost any info you need to become successful can now be found online and likely explained in vulgar english or with drawings and sheeeit

>>23032725
Just hold. Your patience will be rewarded.

based banter president pissing all over meme cough

>>23033716
Whoever told you that was just guessing then. Here is the actual website that lists their scheduled milestones, and I cannot find any article published by the USACE that contradicts this or gives a more specific time frame.

https://pebbleprojecteis.com/schedule

I would be stacking money in it by mid-late November at the absolute latest. Personally, I'm going to be dumping in late October. There's no telling when a random tweet or some bullshit will cause the "imminent USACE decision" to inflate the stock value as people finally start buying in.

>>23033855
I think biden victory is priced in already, so market literally dgaf about orange man’s life

>>23031669
>>23031724
I like you guys, you have the right ideas

>>23033740
You always have to hope something. If there is price inflation than I do expect equivalent or more stock inflation. I also have real estate, so rent inflation would be nice as well.
>>23033798
I get returns from dividends and capital appreciation. The dividends provide the 5% to live on, and the capital gains will offset inflation.

>>23033823
didn't you hear? gamestop is going to replace amazon

>>23032233
I did finance in college, and it honestly did fuck all for me except the part about making sure not to put all your eggs in one basket. Still down money cos I'm a retard and this is a clown market

>>23033867
>"Wasn't [talking head] against the mine?"
Probably, but unless they wield actual legislative or executive power that can directly interfere with the process, who the fuck cares?

>>23033877
The entire plan was to use the gains from GME to throw into NAK...
God dammit why is this shit always so stressful.
Anon, is there any place I can see if new news about the mine is announced? Like if they meet to approve it? Or is it just going to be a random event?

>>23033823
console cycle hype + activist investor trying to sway the board and modernize the corp

>>23033516
>nazrin

>>23033829
true this. deals on houses are around all the time. Just gotta look for them. Hell my house payment is just 400 a month and I live in an smallish city. Workplace is just 15 min away lol. Nice house to.

>>23033443
So buy chainlink?

>>23033829
So do the same math I explained: take all your bills related to this kind of lifestyle as of right now and double them for every 10 years you plan to live like that. This includes current phone and internet service, if applicable (you are allowed to not want internet in your neet retreat), water, electricity, heating, house maintenance, car maintenance, etc.
For simplification, assume you never pay a premium and that the cost of insurance doesn't go up as fast as it does in practice as you get charged extra when you become older.
What figure do you come up with? Add some buffer, 10-20% at least, to account for unforeseen expenses.
This is your target YEARLY returns. Can this be reached on 500k RELIABLY? (you have to be able to weather market downturns, but you don't need to assume japanification).

My crystal ball says HYLN going to the moon tomorrow

>>23033873
yea, the internet is the greatest equalizer

>>23033895
>dividend
>capital appreciation
The fuck am I reading? Complete delusion. Wew.
Even KO has total returns assuming DRIP in 5 years of just 15% (vs over 150% for SPY).

>>23033524
because it split 1:5

>>23033951
You know where you are right anon? Link is a prerequisite for shitposting on biz.

>>23033972
imagine fucking those tits

>>23033920
I learned more valuable shit from my one intro to wall street class, than anything else I took.

>>23033935
As far as I'm aware, any news regarding the ROD would be published either on the website I just linked you. Maybe keep up with more local Alaskan news organizations if you're fine with second hand sources, but more likely than not they'll just be reporting after the fact.

If you're hoping for more specific info than that, you're going to just have to hope some reporter somewhere has a fly on the wall inside the USACE.

>>23034052
mmm bags of sand

>>23034073
Well anon, I plan on dumping a ton of money into it at the start of November.
I hope it isn't approved before then or I'm going to feel very sad.

https://www.mining.com/trump-says-no-politics-in-pebble-mine-review-northern-dynasty-stock-surges/

>>23033815

> "I landed a $250k/ year job at a hedge fund with no degree"

Nepotism beats everything. Also most hedge funds suck shit unless you're aiming for the AAA funds like Bridgewater, Renaissance or Millennium. Even then you need the skills and network to even get you a seat at the interview. The degree is just the minimum requirement.

>>23033823
Has nothing to do with the product itself

Wow some anon weeks ago claimed to have inside info saying france would shutdown again. He was right

>>23034107
Dont worry you have time. I picked up ny first shares of NAK going on three years ago now. Been quite the wait. Always more exiting news which dumps it. You will always have both time to accumulate and average down.

>>23033565
haha wtf, this is why u don't have 100k... like me

i'm fearful now so stocks should rise? ....right?

>>23034134
If you think insiders are abnormally common here, pol is where you find the real dirty shit. I mean, only if you aren't an easily offended pussy.
I saved so much fucken money because I watched the Corona virus early with those guys.
Not to mention they called Trump getting Corona way before the news because an insider heard that someone on Trump's plane had the virus and met with him.
Good shit man.
The Chinese dam on the verge of collapsing might be another big oof, but I'm not sure if investors even care.

In a way I feel sorry for all the new college grads or those who're almost grads. They're gonna be tossed out in deep debt with loads of other likewise people all fighting for jobs. Then also having to deal with all the out of work people due to the virus looking for jobs as well.

>>23033952
Why would my expenses double every ten years? They didn't over the past ten years. Even if they do, it implies that my income will go up by as much or more. The only thing that will really fuck me is deflation. If rents and dividends go down, I will be stuck paying expenses on rentals that are more than the rent, and my dividend yielding stocks will stop paying dividends. And even if all that happened, the worst outcome is that I have to get a shitty part time job.
>>23033975
I don't own KO. Check out XOM, IBM, ARI, T, PBCT. I also own a couple of rentals that provide some positive cash flow after mortgages and expenses.

>>23034187
UBI is inevitable. It will probably gain more support for the 2024 election.

>>23033946
Fine, ナズーリン。 Don't mess with me bub, I post on /jp/

>>23034073
Also, to clarify, this is a permitting agency senpai. What permitters actually do isn't convene at some publicly reported event to talk about what their decision is. They do a bunch of internal paperwork, consultation with experts, ground inspection, etc etc, then they send a letter to the dude who requested the permit, in this case NAK. They aren't working on any kind of hard time frame, they just give an estimation of their ROD completion.

Chill out senpai, you'll probably be fine.

>>23034187

No different than '08-'09 grads looking for work during the recession.

>>23034185
Dude rona was all over chinese and hong kong media. Pol was ahead of western MSM but that isn’t saying much. Thing is I feel the larp to insider is too high to be reliable. Still interesting

>>23034185
Larp to insider ratio

I want everyone to win. But I don't want to lose. Niggers need to know Biden is actually racist. So ima vote for Biden. Everything democ we ats throw at Trump they are actually guilty of. Thank Harry Ried for nuclear option. Im convinced TSLA is the worst stock to hold, but greedy people aren't willing to unload.

>>23034236
>>23034246
I'm still grateful to them.
Of course, you have to do the real research yourself, but if you aren't a retard and don't fall for larps, you can learn, see, and hear about things long before anyone else.

is it possible for the stimulus to pass but with all the "give money to illegals" and other bad liberal agenda stuff cut out? or is it too late to cut stuff once it reaches the senate?

>>23034279
Our only chance is if Trump passes a stimulus using executive powers reserved for wartime.
He very well might do it and it would pretty much guarantee him a victory.

>>23034269
I just use twitter. As quick as pol on latest news but with less noise and annoying shtiposters

>>23033972
It dipped pretty damn hard after that TSLA news on Friday. It probably is going to end up going straight back up, yeah.

Which sucks, I want to get in on those sweet premiums they have on covered calls but I didn't have 4 grand to toss into them on Friday.

>>23034221
사랑해... long NAK and just accumulate more. This is actually easy long investment.

>>23034288
>wartime
I thought Congress has to declare war? Trump already used the FEMA budget, which is pathetic puny amount.

>>23034265
>Im convinced TSLA is the worst stock to hold, but greedy people aren't willing to unload.
arkk mommy said tsla would be at 4000 in 5 years this past summer, today tsla is 2000(if they had not split the stock). I dont know if she is right or not though

Someone bake new bread

>>23034265

>>23034294
>twitter

>>23034221
AAAAAAAAAAAAAAAIIIIIIIIIIIIIIIIIIIII
SUMIMASEN SENSEI
PREASE FORGIVE MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>23034300
what makes you think tsla will go up?

>>23034288
Wtf you’re crazy. That would just piss off more fiscal conservatives. And i strongly doubt that loss would offset any independent voters gained. Pretty sure market priced in biden victory already

>>23034341
we are on page 3 wait until 10.

>>23034326
>kimchi letters
吐きそう

>>23034368
Don't start barking orders at me. I'll do as I please.

>>23034355
As a fiscal conservative. If trump signs another omnibus bill, im going to be so outraged im going to join the defend police movement. Defend the CIA FBI and start at the top, not the street cops walking the beat and actual people who are putting their lives at risk.

>>23034414
>>23034414
>>23034414

What happens if Trump is still in the hospital tommorow?

>>23034374
Yeah I can't read nip, only gook Fuck me righr.

>>23034420
defend was transmitted twice... its a shame defund corrects. Fuck this auto correct. I was misunderstood and this is a disgrace.

>>23034444
he leaves Tuesday. Buy dips and sell hard when he comes out.

>>23034420
He has nothing to lose with a hail mary. It’s not gonna “guarantee” a win (like that anon predicts) bcz dems would’ve signed it anyways, and he’d lose a nice chunk of his base

>>23034503
You forget conservatives are not going to encourage a bail out for failed leadership from the local level to state and higher. This is really bad... as libertarian and classical liberal I am.. i have to stand withtrump

>>23030760
lets fucking go anons

>>23033823
chewy.com co founder bought 10 percent of it and in november they'll be having 2 console releases and multiple AAA game releases that people actually want.

>>23034197
>Check out XOM
Don't mind if I do, retard.
>Why would my expenses double every ten years? They didn't over the past ten years.
You must be 18 or older to browse this site.

"ROME — Pope Francis says the coronavirus pandemic has proven that the “magic theories” of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity and rejects war at all costs."

>Supreme Magic Man does not believe in magic theories

>>23031365
IMTE

>>23034684
I don't know why you have to be insulting. I remember what my phone bill, electric bill and property tax was 10 years ago. It wasn't half of what it is now. And if you were paying attention, you would see that I invest for dividends. Is 19 years of dividend growth not enough for you? Keep trading TSLA then, I don't care. I'm just trying to point out to people that it's possible to quit the wagecuckery without $5M.

>>23034691
This weak pussy ass bitch is just jealous he missed out on GME pump. I can snap him in half with my hands.

>>23034652
Chewy.com founder got a stipend from ipo did you look at any balance sheets or are you just throwing good money at bad too. Why did chewy ipo.

>>23034691
I became a jew. The pope has lost the divinity that comes with being the voice of god... when the faggot resigned, and now they want women priests and children or something... fuck that. You asked to devote your life to Jesus, and it turns out Jesus was racist and misogynist but he's God and so you tell followers to eat him and drink his blood. Fuck it ina jew.

>>23034788
>losing 80% of your principal
>assuming DRIP, even worse without it
>this is somehow a good thing
>this is somehow going to net you more than $10 per year in old age
The delusions are amazing.
>It wasn't half of what it is now
Yeah it was 0% of what it is now since you were still in your mommy's tummy.