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Breath Ray posted:the bbc say drop shipping is good https://www.bbc.co.uk/news/technology-53759932
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Aug 18, 2020 18:22
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Breath Ray posted:the bbc say drop shipping is good https://www.bbc.co.uk/news/technology-53759932 Christ, my buddy thinks he's gonna be a millionaire doing this poo poo. Fucker also thinks they stole the idea for tik Tok from him. Good guy but brain dead as hell
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Aug 20, 2020 05:20
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KOTEX GOD OF BLOOD posted:ashamed by how much this tempts me what have you got to lose? sex toys are meant to be a good starting point as people prefer to buy them online
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Sep 1, 2020 13:40
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KOTEX GOD OF BLOOD posted:ashamed by how much this tempts me The trick is that you have to get around the Chinese sizes. It wasn't a bad idea a while ago but the first gen of influencers that adopted it also had the bodies to match. That demo is hip to it now so you are left with, well, people who can't buy the products you are dropshipping unless there is some other "lifestyle" component like making it a "mystery box" where you curate a bunch of dumb poo poo for people. But at that point, it's more of a dollar shaveclub model repackaging as opposed to straight dropshipping.
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Sep 14, 2020 03:07
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There were some really good threads 8-10 years ago about the whole dropshipping thing then I think the wider world got wise to it and there's not too many niches left. My brother has a buddy who's done it for for a couple years now with something for dogs, like clothes or carrying case or something seemingly lame, but business is booming and he quit his job and is now making hundreds of thousands a year, it's absurd but more power to him. In short, invest in an index fund OP.
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Sep 15, 2020 18:14
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Send it to me, I have proven 40% return since march! A few years ago people (including a friend of mine) use to do the dropshipping thing. I think now it's not quite as attractive and the cheap bastards learned to use aliexpress themselves. But apparently it's still possible to pull off if you rebrand a generic product and bribe influencers to peddle it for you.
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Sep 19, 2020 20:54
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i recommend avoiding this harrowing conversation with your next of kin
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Oct 19, 2020 16:50
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Pokeman cards OP. Opening up a foil charizard is better then heroin
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Oct 28, 2020 18:30
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Invest it in stocks for companies that you would personally like to see do well, and that have a low P/E ratio and/or have good growth potential.
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Oct 29, 2020 03:25
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If this was 2019, and you were an Australian like me, I'd say "Buy Aussie Shares!" Now that it's 2020, and the market has dropped like a brick, I'd still say "Buy Aussie Shares!" Shares Shares. SHARES! If you have cash, it is not going anywhere if you just keep it as cash. Inflation will eventually make it worthless. Bank "savings" will maybe keep it up to the CPI, but that's just letting the bank reap all the rewards. The market is...[I'm not qualified to say], right now. But the regular bluechips are always strong if you want to privately invest. The trick is, a lot of actually decent people, not just crooks, are looking at your 10k right now, and the decent ones know that they can invest it super well, get a good slice of the return for themselves, and give the rest to you. It's a good way to start, you still get something, but some nerd at a computer is still winning more than you. Those are investment funds and exchange traded funds. Otherwise, go it alone. But I'm Australian, I invest in Australian shares, and I've never regretted it. If you're American, and you invest in solid American companies, you'll never regret it either.
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Nov 6, 2020 14:01
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fundsmith is full of american tech but they scared me by going into the red a week after i trebled my investment. well, it's still better than just sitting there i suppose
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Nov 6, 2020 17:50
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Cheap call options are fun
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Nov 6, 2020 21:01
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Invest in myspace, its due for a comeback
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Nov 30, 2020 09:32
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Should've bought bitcoin
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Nov 30, 2020 10:25
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snowparty posted:Tell me ways I can at least double it. I’m not really interested in putting it in a savings account or anything like that with slow return rates. I already have money in savings accounts, 401k, IRA, etc. If you're trying to do this and don't know the answer you shouldn't be doing it. Since you clearly don't know what an [removed] is or whatever you're even more likely to piss it away than the [removed] dorks. Edit: Strongly recommend you visit Cumshitter's business hole and see what Capital Under Management can offer you. I've also changed my post since I realized OP is probably the type to google the things I said not to do rather than spend any time reading investopedia or googling actually sound advice. Butter Activities fucked around with this message at 12:56 on Nov 30, 2020 |
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Nov 30, 2020 12:50
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mobby_6kl posted:Should've bought bitcoin It’s not too late to get in on the ground floor, these are still early days and the value can only go up!!!
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Nov 30, 2020 20:41
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Soricidus posted:It’s not too late to get in on the ground floor, these are still early days and the value can only go up!!! 05:11 EST December 2nd, 2020. As of this post, Bitcoin was trading at 19,053 USD / BTC
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Dec 2, 2020 11:11
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Put it all on the horse with the longest name
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Dec 5, 2020 16:13
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Airbnb and Doordash just IPOed. I hope you got in on it, OP.
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Dec 11, 2020 16:25
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Kaal posted:If the OP had invested $10,000 in Vanguard's VTI fund, rather than posting this thread, he would have bought 61.305 shares that would now be worth $10,459.17. Four months later, those hypothetical shares would now be worth $11,659.60.
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Dec 11, 2020 23:38
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Kaal posted:Four months later, those hypothetical shares would now be worth $11,659.60.  Buy Bitcoin.
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Dec 16, 2020 20:00
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The problem with Bitcoin is its high risk relative to other investments. If you have $100,000+ to play with this is not such a big deal and I’ve known people with this kind of money to have a small proportion of crypto in their portfolio, in the same way you would hold e.g private shares as an angel or exotics like fine art - they’re high-risk assets which help diversify your portfolio but which can also crater it if you rely too heavily on them. $10,000 is way too small an amount to really be thinking about building a portfolio though, so echoing what other folks have said, just find a good index fund and put it in there. Maybe in a pension fund as I believe there’s tax benefits to investing in a pension in the US? Most crypto is notoriously unstable and liable to lose all value if it turns out the developers were actually running a massive fraud, under delivered on promises, or the value was built on hype and memes. Bitcoin isn’t likely to go under tomorrow but it has the very real problem of being massively overvalued as an asset: it can’t be exchanged for most real goods and services, so its value comes from its perceived value alone (and drug and gun prices). This is different to, say, the dollar, which is widely used as an actual currency. Considered as an asset, Bitcoin is very high risk and volatile; considered as a currency, it’s not great unless you’re a hardened criminal. That said, goons were saying similar things a decade ago and I wish I’d bought in back when Bitcoin was $100 a coin. But there is certainly a parallel universe (or many / most) where goons were right and early Bitcoin adopters lost everything. E: $10,000 is also more than enough to start many small businesses if you’re of the high risk mindset and fancy being self-employed. E2: PS thanks for teaching me some forums history, permabanned poster seraph84 Purple Prince fucked around with this message at 12:40 on Dec 17, 2020 |
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Dec 17, 2020 00:38
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Purple Prince posted:That said, goons were saying similar things a decade ago and I wish I’d bought in back when Bitcoin was $100 a coin. But there is certainly a parallel universe (or many / most) where goons were right and early Bitcoin adopters lost everything.
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Dec 17, 2020 04:04
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Extrinsic Value posted:Unironically this. The rocket is currently on the launchpad. All you have to do is step inside. No risk, no reward.
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Jan 11, 2021 16:52
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Invest it in a US traded stock that pays dividends. Reinvest the dividend money into the stock for a couple years to build some generation power. Then start using the dividend cash to buy other stocks that pay dividends as well. Rinse and repeat for 20 years. Its not fast money, but it is consistent. Telecom and medical research are not bad fields.
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Jan 12, 2021 06:35
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The balance shown below in my savings represents a $637.50 investment. Held for 7 years, 2 months.  $50,000 more is on its way as we speak. This will be a ~30% down payment on a 475-500k property. It's not too late goons, Bitcoin's momentum isn't going to stop. Ever.
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Jan 14, 2021 05:48
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It kind of has to in order to be useable as a currency. Otherwise it's just a fad collectible and will die whenever the next one comes along. I'm sure someone thought the same as you about beanie babies once. e: If it's such an amazing investment, why are you pulling it out to buy real estate? Property values don't go up that quickly. Hello Sailor fucked around with this message at 14:02 on Jan 14, 2021 |
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Jan 14, 2021 13:56
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Canine Blues Arooo posted:Short Tesla. if op had bought tesla on this date, they'd have 2.5x'd their money by now lol
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Jan 17, 2021 01:17
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Hmm what can I do to prove I’m good with money. I know, I’ll post a made up bank account where I have a definitely not photoshopped even 100,000 sitting in an account and less than 1500 in my checking account and talk about how I’m gonna buy a house with a 5k/month mortgage soon.
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Jan 17, 2021 09:11
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Internetjack posted:Invest it in a US traded stock that pays dividends. Alternatively go back and buy tech stocks in winter 2019. Would have made you at least $2500 in the last year.
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Jan 17, 2021 17:03
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truly there will never be any shortage of people who don't understand the difference between investing and speculating
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Jan 17, 2021 17:11
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PIZZA.BAT posted:understand the difference between investing and speculating This repeated a 1000 times over. Both are fine, but understand the difference.
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Jan 17, 2021 22:06
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Just spend it on good food op. Why be rich in 10 years when you could be well fed this week
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Jan 24, 2021 22:52
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snowparty posted:Straight to the point, I have 10k just sitting in my safe. I’d like to put it to work. Tell me ways I can at least double it. I’m not really interested in putting it in a savings account or anything like that with slow return rates. I already have money in savings accounts, 401k, IRA, etc. If you had bought GME stock when you made this post, today it would be worth $758,536
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Jan 29, 2021 16:38
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Fozzy The Bear posted:If you had bought GME stock when you made this post, today it would be worth $758,536
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Jan 29, 2021 23:22
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Goon investment advice explained:Jesustheastronaut! posted:Goons when bitcoins are $100 each: "what a bubble, if you buy now you're an idiot who deserves what you're about to lose" Dogecoin, 24 hours later:  Dogegoons: "Well gently caress." Meanwhile: Goons when bitcoin is at $5 each: “It's a scam, it's a bubble, never invest in this poo poo!” Goons when bitcoin is at $500 each: “It's a scam, it's a bubble, never invest in this poo poo!” Goons when bitcoin is at $5,000 each: “It's a scam, it's a bubble, never invest in this poo poo!” Goons when bitcoin is at $15,000 each: “It's a scam, it's a bubble, never invest in this poo poo!” Goons when bitcoin is at $35,000 each: “It's a scam, it's a bubble, never invest in this poo poo!” Seraph84 when bitcoin is at $255 and every day since: “buy and hold bitcoin!” Seraph84 when bitcoin is at $40,000 each: “I just realized $150,000 in profit. Time to buy some Manhattan real estate.” Never take investment advice from goons, unless that goon's name starts with Seraph and ends with 84.
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Feb 3, 2021 14:36
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A) You're not a goon, Seraph84. You've been repeatedly rejected in your attempts to join the community of goons and just can't take a hint. B) At this point all purchases of digital currency for speculation purposes are gambles, not investments. You can find any number of economists who have gone into great detail as to why, but you can't take a hint there, either. Anyone who gambled on bitcoin or dogecoin or etherium or whatever digital currency you want to cite and made money was lucky. Good investments are not based on luck. C) gently caress off.
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Feb 3, 2021 15:28
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I was gonna suggest closing this thread but it seems to be a pretty reliable revenue stream for the forums so gently caress it. I think it's a wise investment to leave it open
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Feb 3, 2021 15:49
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GoonInvestmentsLLC posted:Goon investment advice explained:
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Feb 3, 2021 15:53
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he needs the liquidity to buy dozens of accounts on a dead forum for compulsive, sad reasons
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Feb 3, 2021 15:57
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