6 Figures 6 Certs Random Thoughts Thread

[Secure Da Bag]

So I really have a dream to start/own a hair, nail salon and spa. I have ideas on how to start but obv I need capital. I have fam who have the dough but getting them to come up off it is unlikely. Wondering if it may be more attainable to buy a multi fam in the next few years and then delay my business dream.

Regardless of whether you ask your people or a bank, do you have the following?

• A business plan
• Target demographic
• Advertisement plan
• Potential or favored locations and sizes of facility
• Startup money (ex: 5k, 10k)
• You or a biz partner up on necessary licenses and certs

When you say "multi fam", what are you referring to exactly?

 

[Pyrexcup]

anyone here use Certification - Administrator Overview? I use salesforce at work but dont use it for anything advanced just mainly for sales admin and use an app for our ticketing system, is trailhead worth anything or is it garbage

 

[Formerly Black Trash]

I'm on chapter 11

 

[Yinny]

Regardless of whether you ask your people or a bank, do you have the following?

• A business plan
• Target demographic
• Advertisement plan
• Potential or favored locations and sizes of facility
• Startup money (ex: 5k, 10k)
• You or a biz partner up on necessary licenses and certs

When you say "multi fam", what are you referring to exactly?

I loosely have these things, but definitely not written down anywhere. That’s my goal over the next month, I’ve just started formulating the plan in my mind.

Multi-fam refers to a multi-family property, another goal of mine is to purchase an income-generating property.

 

[Pyrexcup]

these bytches decided to change our job titel im 100% leaving in october way too much fukkery here

 

[Pyrexcup]

So they want to keep the old one internally and new one internally because they hired a new us manager with the new one im keeping the old one idgaf

 

[phcitywarrior]

Anyone ever leave a job off your resume? Meaning someplace you worked at for less than a year.

If it’s less than 2-3 months I think you’re fine. Someone else asked a similar question about bouncing 2 months into the role. I think under 3 months and you’re good. Over 3 months and under a year get’s tricky.

 

[JT-Money]

If it’s less than 2-3 months I think you’re fine. Someone else asked a similar question about bouncing 2 months into the role. I think under 3 months and you’re good. Over 3 months and under a year get’s tricky.

I know other ways around short job stints like going the contracting route. I just hate bring asked questions about dumpster fire type work environments. It's a struggle to think of anything good to say about them.

 

[Apollo Creed]

What yall doing to minimize taxes? Taxes kicking my
Ass and my home is in a gentrifying area so the taxes and such are nothing compared to my it to impact my tax situation.

 

[Skooby]

What yall doing to minimize taxes? Taxes kicking my
Ass and my home is in a gentrifying area so the taxes and such are nothing compared to my it to impact my tax situation.

Fully contribute to you 401k. That'll decrease your taxable income.

 

[Secure Da Bag]

Fully contribute to you 401k. That'll decrease your taxable income.

 

[Apollo Creed]

Fully contribute to you 401k. That'll decrease your taxable income.

I`m labeled as a High in come earner so there is a cap on what I can contribute, which I'm close to, so maxing out at that cap won't do too much.

 

[UncleTomFord15]

Anyone make money with options trading? Have 1k to fukk around with and I'm okay if I lose it all. I already know about and how to go about with actual stocks investing. With options I understand the basics somewhat but how do you go about finding a good deal? I'm using RSI, CCI and MacD and eyeing the news constatly but still not 100% sure when I'm looking at a good deal.

 

[Macallik86]

Anyone make money with options trading? Have 1k to fukk around with and I'm okay if I lose it all. I already know about and how to go about with actual stocks investing. With options I understand the basics somewhat but how do you go about finding a good deal? I'm using RSI, CCI and MacD and eyeing the news constatly but still not 100% sure when I'm looking at a good deal.

You should probably stick to stock imo. Options are like stock trading with 5+ additional variables to take into account. Waay too much things for a straight up recommendation

Spoiler

If you really want to gamble just because, then I say do 1 of 2 things

1. Buy outright calls on a stock that you like with at LEAST 1.5-2 months left that is at-the-money or near-the-money so that you have a fighting chance of being right
2. Buy straddles (equal amount of calls and puts so that you stand a chance to make money as long as the stock moves strongly in either direction) 1-2 weeks before an earnings call

I am not a professional so take this with a grain of salt FYI

 

[OfTheCross]

You should probably stick to stock imo. Options are like stock trading with 5+ additional variables to take into account. Waay too much things for a straight up recommendation

Spoiler

If you really want to gamble just because, then I say do 1 of 2 things

1. Buy outright calls on a stock that you like with at LEAST 1.5-2 months left that is at-the-money or near-the-money so that you have a fighting chance of being right
2. Buy straddles (equal amount of calls and puts so that you stand a chance to make money as long as the stock moves strongly in either direction) 1-2 weeks before an earnings call

I am not a professional so take this with a grain of salt FYI

I was trying to by a Call today but Schwab didn't allow me. Said I can't purchase Naked Puts.

What platform are you using?