/biz/ - Business & Finance

Poor people think having more money would make them happier. The earlier you are exposed to wealth the better you know

"If I only get that thing I would be happy, if I only had 1m more i would be happy etc..." you would never be satisfied, ask a billionaire which sum would make him finally happy, the cant anwer.

Very basic flaw and even primitive thinking to a degree, yet prolly 95% of people live this way.

excuse me but did ethereum drop 96%? that would quite effectively wipe out quite leveraged positiouns out there lol

>>2268676
Ofcourse the taxman do not know untill you withdraw and exchange to your local bank account in usd, eur or whatever.

>>2264312
Each country has own capital gains taxation system. Some countries have different rules for cfds, forex and stocks for example. While in stocks losses are deductable in forex they are not unless you trade in the name of a company.

For cryptos it tends to be that you pay taxes each time when you withdraw to your bank account. So you might not be able to deduct any losses, and you basically could lose 100% of your remaining cryptos and still pay the full taxes for the previous withdrawals =D

>>1927827
Well, that is true average professor salary is prolly 1% of a fund manager (and there are plenty of clueless managers too!) but as said above it's corporate finance not trading they teach. You might have a class or two by a complete clueless professor teaching investing but that's about it. There are plenty of students taking finance classes that have never bought a single stock in their lives. The degree might come handy when applying for typical jobs but that's about it

>>1922845
You're just the ultimate cuck, at least you realize that most dont.

>saving up for a house
Be very careful buying a house atm, the market is at danger in both usa and europe. Consider rent

>myself a nice sportscar when I get out of uni
Probably wont make you any happier unless you are a car euthanist who lives track driving etc. if you live driving or racing then consider

>I fell for the engineering degree meme, I thought it was worth it and engineers had a good life. Should have went into finance or some shit, maybe law.

All mentioned above are badly overrated. The herd is wrong. If majority do something do not follow it becomes a tough route by a law of nature, you will be competing with too many in similar situation

>starting my wagecuck life
9to5 probably will not make you very happy in the end

>>1905257
Euro is having a slight bounce, about to get positioned for a free fall currently. Also france and germany will have elections this year.

>>1902786
I doubt a 9to5 wagecuck will ever make anything

>>1895956
If that was the case they would then also see the stops (especially if there is a bulk of them at some specific price level) of the clients and clip them easily.

Banks used to do this big time.

Nothing changes 1350 stands first resistance. Likely corssing 1300 next week

>>1808146
You just seem very clueless about the markets overall, like most common people.

The current bull has nothing to do with small private investors buying it up lol

>>1655943
no stupid move atm gold does not look good short term. usd does.

>>1384976
If you do not possess real passion for something you do not have real future in that area. You cannot force somebody to like coding for example, it's either born feature or not. If you dont like it you are never going to be good at it.

Passion and talent go often hand in hand. People like to do what they are talented at. Sometimes, people might be talented at something yet lose passion tho.

>>1273572
1k? buy some quality beer and whiskey

wb the grandpa everybody loves was part of metals manipulating back in 80's

>>1213989
If you just want open an account quickly with zero comissions and leverage available - with no paper work required - just open a bitcoin cfd broker account

basically what's happening is that they look markets but market dont react or correlate with rates at all. so it's very random in the end

In general it's the same poor people who have been shouting for doom's day past 6 years every time dow drops 10%, invest in gold blabla bullshit. If you would have looked fundamentals you would have missed all rallies past 30 years pretty much.

Truth is nobody knows. It's a gamble mostly. Dow could go easily to 30k next 3 years. Or not. It's your choose to bet or not. IF you dont have other use for money, hell, there are not too many options for investing

What is different this time that interest rates are insane historical low thus the big money seeks safe heaven in stocks. You can't hide the big money under the pillow.