JC Denizens' Investment Advice??

[Casual Observer]

Eric, do you think your Filipina employees basically resent you on some level because they see you as a rich American who exploits them even though you cut them a lot of slack and invest in extras for them like generators? Does that just inevitably come with the territory? I think I'd absolutely hate that feeling personally. It's honestly a big reason why I'd be reluctant to ever have employees no matter what country they were based in. I'd want to be the cool boss who is always looking out for everyone and who always has an open door and a ready ear, but my experiences in life tell me that there's always someone in every workplace who feels like they're being totally screwed over and that person tends to know exactly who to blame for their plight. Uneasy lies the head that wears the crown.

Thanks for the update, by the way!

Good question, i imagine most feel used, probably worse than Americans feel used by our companies. I hope Sarah doesn't feel like that. I'll say this, things must not be too bad over there or they would work harder as I'm now offering pretty close to US rates to her. She just had another "emergency" that prevented her from logging in. Working on my website now, thinking the next contractor will be outsourced to Detroit.

[Casual Observer]

Quick update: since being hilariously firedfor this joke, gotta post it again soory, (reversed of course) on a zoom team chat, it's been a couple of months later.


Have added a client and kicked the Filipinas to the curb. Keeping all the lists and income for me baby! Over the summer I actually did an experiment with these filipinas to see if anything would motivate them. At the end I offered them $400 per appointment but they still had excuses. They used to be better over there, in fact these two woman used to be better but all I can say is now lazy. That's ok, I easily made $1000 today with just two appointments set so they can eat their . . . maybe tDarcos has a word. I can get an American in Detroit or Rochester to do this work for a fraction of that when I get ready to expand. No more fuckhead bosses, no more forced video zoom calls, no more retreats in NYC during a global pandemic varient upsurge, no more working under insecure little fucks.

[Ice Cream Jonsey]

You are living the American dream!

[odyssia76]

That's ok, I easily made $1000 today with just two appointments set so they can eat their . . . maybe tDarcos has a word.

What is it that you do? What did the Filipinas do for you?

[Casual Observer]

That's ok, I easily made $1000 today with just two appointments set so they can eat their . . . maybe tDarcos has a word.

What is it that you do? What did the Filipinas do for you?

Thanks for asking, I set up sales appointments for software companies for money, now full time, currently for a telecom billing system, an application security solution, and a "Proof of Success" tool which automates a proof of concept process for sales teams. The offshore bitches used to be a solid resource for cold calling but they got lazy.

Why, do you need a job? Smart chicks kill at this shit. Oddly, in this thing i do, sexism is a natural advantage for female callers*.


*Reference: Since decades of the IT industry's well documented sexism driven hiring, for selling high tech products we're basically facing a similar audience as the folks I went to school with at Rochester Institute of Technology: 80 - 90% white male geeks. The guys love getting cold calls from women and the few women are less threatened by a woman cold call, fact. I've had green female cold callers, gave them the most basic script and these guys took appointments left and fucking right.

[bryanb]

That's great news on the business front, CO! I'm giving it two years before Odyssia takes over completely and proceeds to make untold millions with an innovative, socially conscious sales strategy.

[Tdarcos]

Over the summer I actually did an experiment with these filipinas... used to be better... but all I can say is now lazy. That's ok, I easily made $1000 today with just two appointments set so they can eat their . . . maybe tDarcos has a word.

Kainin ang iyong puso out, tamad walang halaga na!

[odyssia76]

Why, do you need a job? Smart chicks kill at this shit. Oddly, in this thing i do, sexism is a natural advantage for female callers*.

Thanks for the compliment, but nah - I'm good. As much as the idea of using my female-ness as an advantage, I'd be terrible at cold calling, even assuming you get your leads in an ethical way (which I will assume you do). And I don't need a job anyways. If I wanted to do something like that I'd just go right to the phone sex side of things.

[Casual Observer]

If I wanted to do something like that I'd just go right to the phone sex side of things.

uh,oh, you said that in front of tDarcos, get ready for three pages of posts about something I'm quite sure he's NEVER partaken in just like Porn.

[Casual Observer]

even assuming you get your leads in an ethical way (which I will assume you do)

Interesting point about the ethics of getting leads, would love to hear more about what you mean by this. Lots of my leads to call lately come from public databases like those run by the FCC, FDA, and USPTO which I augment with better contact info if possible. I do scrape lots of contact names off Zoominfo's advanced search, which I guess is a tad unethical because I'm vastly exceeding my number of contacts to export. On the other hand ZoomInfo itself is a tad unethical in that they get lots of their data by getting people to install a little app on their computers that copies the contact info from your address book and all of your emails.

I'm trying to think of truly unethical ways of getting leads, if I needed to call consumers (yuck) then there's probably a bunch of shit on the dark web if I could ever figure that out though why not just go for the credit card numbers then. Whitepages.com used to be a bit unethical because they made it free to look up anyone's home address, but they don't really do that anymore.

What sources of leads are you thinking about that are unethical? What an interesting topic to me.

[Ice Cream Jonsey]

In terms of investments - everything is rising lately. You can't go wrong if you invested six months ago or right now. I am buying a share of Intel stock every month for the near future and I'm trying to see if I can convert a chunk of change into semiconductor stocks.

[Jizaboz]

Stuff I'm interested in according to current holdings..

0 USD
1 BTC
2 ETH
3 LTC
4 SUSHI
5 KNC
6 SHIB
7 WAVES
8 ADA

[Ice Cream Jonsey]

I took some money out of savings and bought a single share of Netflix with it. Finally, my ticket out of this dump!

[odyssia76]

In terms of investments - everything is rising lately. You can't go wrong if you invested six months ago or right now. I am buying a share of Intel stock every month for the near future and I'm trying to see if I can convert a chunk of change into semiconductor stocks.

Buying individual stocks is a sucker's game for so many reasons. Sell everything and put it in a nice low-fee S&P 500 fund. Then forget about it until you retire. Maybe diversify a bit into some bonds depending how old you are. You are not smarter than the market. You don't know anything that isn't already priced in.

[odyssia76]

What sources of leads are you thinking about that are unethical? What an interesting topic to me.

Well, not everyone agrees on what "ethical" means, and I don't know enough about your industry and how leads are normally generated to have a strong position. Ethical ways would be things like advertising and opt-in stuff. Do you run the numbers through the national "do not call" registry?

[odyssia76]

In terms of investments - everything is rising lately. You can't go wrong if you invested six months ago or right now. I am buying a share of Intel stock every month for the near future and I'm trying to see if I can convert a chunk of change into semiconductor stocks.

The reason you cite - that the whole market is going up - is the exact reason to have index funds versus individual securities.

[odyssia76]

https://www.forbes.com/sites/rickferri/ ... 6fccce630a

[odyssia76]

https://prosperitythinkers.com/personal ... ck-stocks/

[Ice Cream Jonsey]

In terms of investments - everything is rising lately. You can't go wrong if you invested six months ago or right now. I am buying a share of Intel stock every month for the near future and I'm trying to see if I can convert a chunk of change into semiconductor stocks.

Buying individual stocks is a sucker's game for so many reasons. Sell everything and put it in a nice low-fee S&P 500 fund. Then forget about it until you retire. Maybe diversify a bit into some bonds depending how old you are. You are not smarter than the market. You don't know anything that isn't already priced in.

"Don't buy individual stocks, go buy this fund which is made up of individual stocks."

[Tdarcos]

Buying individual stocks is a sucker's game for so many reasons. Sell everything and put it in a nice low-fee S&P 500 fund.

"Don't buy individual stocks, go buy this fund which is made up of individual stocks."

Not quite. An index fund is a composite of all the companies in that fund. Let's say there was a supermarket/food store fund. So in this you could have: Ahold Delhaize, Albertsons, Amazon, Aldi, CVS, Dollar Tree, Kroger, Meijer, Piggly Wiggly, Publix, Rite Aid, Shop Rite, Stop and Shop, Target, Trader Joe's, Walgreens, Walmart, Wegmans, and Weis Markets.

Now, normally, retail stores are pretty boring on returns (retailers earn about 1-3% EBITA on their sales) but, some of these are probably stars. By having a mix, you get to invest in the particular (if you'll pardon the pun) market you want to trade in.

In this example, the market is markets. But it could be aerospace, computers, railroads (I have a big fondness for Berkshire Hathaway!), technology in general, textiles, or utilities. Or a basket of companies. This is where a fund can do better than an individual investor unless already wealthy. They purchase a huge block in the various companies, say $10 million each, and sell $200 million in participation shares (or however ownership in a fund is defined), and if some of these have worse performance than others, the ones that are much better performers can outshine those. Also, they can move in and out of a particular stock as conditions change. Owning a mere one share in all of these might be anywhere from $2-10,000. Whereas if you only have, say, $30,000, you're buying an investment in all of them. While you won't do as well as if you picked the 1 or 2 stars of the group that did fantastic, you also don't have as big a risk if you pick the two huge duds. Diversification reduces risk, and the advantage of using a targeted fund lets you play in a particular sector but have less risk than a "pure play" on a single stock or a couple of them.