Business Contents Archive

Any bears left? If so, what is your thesis?

Markets rose a stunning 1% today, and tech rose 2+% across the board. Markets continue to reach new highs as the pandemic rages on. MANY of this subreddit were bearish back in March/April. The market has risen tremendously since then, with some stocks like Tesla rising more than 8 times their pre-pandemic value. If any of you were foolish enough to short, you would have suffered massive losses. I am curious if there are any more bears left. If so, what could possibly be your thesis at this point? Vaccine is rolling out, interest rates are low for the next decade, a stable president is going into office, and trade war with China is finally coming to an end as China and US move towards friendship once again.

Bank of America is the worst. They cannot answer a simple question. All they do is refer you to : FAQ on their website, the SBA, consult with a CPA or your payroll specialists.

I tried to get a simple answer on their pre-application question as to what year they want us to report for their pre-application prices for these 2 questions: annual business revenue and annual business profit before tax. And he says, on repeat, he cannot advise me. And keeps referring me to everywhere else to get advice. When the actual sba application is asking for a comparison between 2019 and 2020.....how do we know which year to use for these answers??????

How can shares shorted exceed the float? (i.e. more shares shorted than there are actual shares)

Hi - can someone help me understand how the number of shares shorted can exceed the float? The obvious example here is Gamestop (GME) right now. There are 70 million shares outstanding and the float is 51 million shares. However, 71 million shares are shorted, representing 138% of the float. I've done some research online but I can't find the answer as to how the number of shorted shares can actually exceed the float. Any explanation would be greatly received. Thanks!

Is GameStop worth a buy?

Have noticed it performing pretty well recently and seems to have a lot going for it: * Demand for video games growing * New consoles, such as PS5 seeing strong appetite * New multiyear partnership with Microsoft I was shocked that is only has a $3bn market cap and apparently there is a negative float which could mean a huge short squeeze. I bought some today, but wondering if anyone had any views and if I should add more?

How is bonds a good investment?

I've always heard bonds are great for a recession and bonds are a safe cushion when things goes bad. [https://i.imgur.com/IaCtaUE.png](https://i.imgur.com/IaCtaUE.png) Well things did go really bad for a while back in March. Hindsight we didn't know it would recover so fast but that didn't stop bonds from absolutely getting crushed. Obviously they didn't crash as hard as stocks but what is the point of bonds if I just gain back my value in stocks quicker. Only reason I see for bonds to exist is if you need to panic sell in a bear market. ​ I obviously don't know it all so I would genuinely like to know the upsides.

P. Thiel: "Successful companies are rarely founded by immigrants"

Quote from SEI Torino Forum 2018 (34:14): [link](https://www.youtube.com/watch?v=_yzQJF-UZ0M) Peter Thiel is saying that 1st generation immigrant in the U.S don't success as much as American when starting companies before they are usually not getting advantage of the "network effect". As a 1st generation immigrant, I found it interesting and quite true. If you look at the most successful companies launched during the last 20 years, a large majority of founders were born in the US including Apple, Google, Amazon, LinkedIn, Snapchat, Airbnb. I have only two counter-examples in mind: Instagram (Mike Krieger) and Udemy (turkish founder). ​ What do you think of Thiel quote?

What software has made your business more efficient?

As a small business owner, or employee, what software do you use (across any area of your business) that has made your processes more efficient?

Can a tech bubble pop burst green energy, too?

I've thought for a little while now that green energy ETFs (ICLN, QCLN, TAN, PBW, etc.) were safe long-term bets. Especially since barrels of oil went negative during the pandemic and the Biden team has been signaling that they are going green, and just re-entered the Paris Climate Agreement. However, I did in fact spit out my peppermint tea when I saw this chart: [https://www.ft.com/content/9a19f41e-1fb6-451f-b0eb-02decf331592](https://www.ft.com/content/9a19f41e-1fb6-451f-b0eb-02decf331592) Now, to look at the proportion of these ETFs' holdings that are invested in tech: * ICLN: 38% tech * QCLN: 46% tech * TAN: 66% tech * PBW: 31% tech Seems like a lot! Looking at TSLA, PLUG, NIO... all on that FT EV bubble watch spreadsheet.

How to Invest in US stocks from a communist country?

I'm 23, making some money online and I want it out of the god forsaken wasteland that is a communist economy, so I want to invest. I don't live in the US, so I don't have a SSN or ITN, this rules out most investment apps and websites ( Robinhood, acorns, vanguard, fidelity etc etc). And Investments accounts are non existent since that goes against communism. I have my money being stored on a Payoneer account, and I'm soon to receive a credit card for it. I found out about a broker called Etoro, but they don't allow Venezuelans in the platform, and Uphold doesn't allow funding the accounts using Payoneer. Is there any way I can get into investing into from this hell hole?

Bake your own cake and pastries - APP

I have this idea wherein you will input all the available ingredients in your kitchen/bakeshop in an app then the customer can select which ingredient and how much should be used in his/her own experimental baking. The procedures have tenplates and all they can do is adjust time or heat level of the oven. The team will follow the customer's recipe. The price of their order will depend on the cost of production. Once all set, the baked good will be delivered to their home.

anyone here use gusto?

I'm planning on hiring my first employee - but have zero idea how to go about it. Based in new york, currently a SMLLC. I feel like therse 50000 forms to file, and i have no idea how this works. Is gusto as simple as filling in a bunch of info, paying them /linking a funding source, and they handle all the tax filings, employee paperwork with the government, etc.? Not just taxes -- but all thos eother burecratic forms. i do already have an ein.

Almost to 100 orders! Advice how to get there?

Hello! My name is Dorothy and I run a small bookshop where you pick a genre and receive a book, homemade bookmark and tea! It’s a “blind date” book. Sells are not bad but I would love to get to 100 orders, (I’m at 65). Any advice or ideas would be appreciated the website for the store is matchmaking-librarian.com And the Instagram is: matchmakinglibrarian

How can I legally take advantage of becoming a US ex pat working overseas in a tax haven for a few years?

I'm an American. I'm juggling a job offer that would give me the opportunity to work overseas in a popular tax haven country with zero income tax. (for the same of simplicity let's say I roughly understand all the rules limits and exclusions about earning tax free income overseas) Assuming I stay and work there for a few years ie two to three, is there anything super creative I can do to take advantage of the situation from an investing/retirement account standpoint? For example can I somehow essentially turn 100% of my tax free overseas income into essentially a completely tax free (both pre and post) retirement account? (basically turn it into a Roth IRA except not paying any taxes at any point) And for the sake of my example say I learn the legal tax free maximum of foreign income and meet all the other rules. Let's call it 100k a year to be simple.

My business partner refuses to compensate me for expenses incurred for the business that I pay for out of pocket

I run a small business and I am sometimes forced to pay out of pocket for business expenses for example fixing the water cooler or slight repairs to the bathrooms or changing a lightbulb or paying for postage or courier services. They are small expenses but when added up over the last 2 years the business now owes me 3000 usd (a whole month's paycheck). Despite having receipts, my business partner thinks that is a small sacrifice to make for the business and thus there is no need for compensation. Would I be terrible if I stop making these payments even if the business suffers for it so my partner can see the effect on the business?

Getting my business known on a budget

I run an online store making and selling bird toys in Australia and struggling to get it off the ground. I have a very limited budget so I'm looking for ways to get word out that are either very cheap or free. At the moment I'm getting one maybe two orders a month, I'd like to get to at least one a week as a first goal. Currently I'm using Instagram and Facebook to try get some traction and Google ads at about $60 a month. Any suggestions of what else to do?