Say you have 100K$, why start a business over trading/investing?

[marketsurfer]

Quote from Pekelo:

Bullshit. Anything can be a business. It is not the definition really but the approach what defines what is business and what isn't.

Is book writing a business? Depends. You can write and/or publish books for profit, or you can just write a book and put it up on the internet for free. You can selfpublish a book and lose money, it is still a business, just not a profitable one.

But if we really want to go by your definition, what is the difference between a pizza owner trying to sell his pizzas for a profitable income and a stock owner (trader) trying to sell his stocks for profit???

It is the approach and intention of the person doing it, what tells us if it is a real business or a hobby/vanity activity. I could have my own restaurant and not trying to make a profit (so not really a business or not for profit), just because I like my meal specially made my way or I like to chill in my own cool bar.

Ok, Pekelo. You go right ahead and argue with the business school's definition of the word. how does trading ( other than the exceptions I listed) fit the definition of business?

<b>defined as an organization that provides goods and services to others who want or need them.</b>

 

[Fireplace]

A "Trade"", by definition, is defined as the transfer of ownership of a GOOD OR SERVICE from one person to another who wants them. Stocks, ETFS, futures...these are all included. Who cares how LONG one owns them, that's not relevant.

So a "TRADER" is one who facilitates trade.

Thus trading is a business. Just deal with it and move on.


PS Let's not kid ourselves on 'butting in'.....we all know who the puppeteer of 'dalmation' is

Quote from marketsurfer:

Sorry to but in here, but this needs to be addressed.

You are completely wrong.

You can treat trading anyway you want-- treat it in a business like manner--- a good thing-- but this does not make it a business. The poster is 100% correct, trading is not a business untill you manage others money, have clients, or some kind of "trading infrastructure" providing a service or good to others. It's a money making endeavor if you are succesful, but its not a business in any stretch of the word. Call it whatever you want, but it does not fit the accepted definition of the word business--therefore it is not a business.

From the University of Minnesota School of Business:

<i>. What is business?

<b>A business can be defined as an organization that provides goods and services to others who want or need them.</b> When many people think of business careers, they often think of jobs in large wealthy corporations. Many business-related careers, however, exist in small businesses, non-profit organizations, government agencies, and educational settings. Furthermore, you don't need a degree in business to obtain many of these positions. In short, every sector of our economy needs people with strong overall skills that can be applied to business-type careers. There are a wide variety of career areas that exist in business settings. Some of these include: </i>


The way you folks MAKE UP DEFINITIONS and TWIST logic is appaling. You are not an organization, you do not provide goods or services, and you certainly do not run a business.

surf

 

[Pekelo]

Quote from marketsurfer:

argue with the business school's definition of the word.

So being a writer is NOT a business. Got it!

But I also know how to use the DICTIONARY, so:

http://dictionary.reference.com/browse/business

1. an occupation, profession, or trade: His business is poultry farming.
2. the purchase and sale of goods in an attempt to make a profit.
3. a person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.

Trading is a business by all 3. (if you can think of stocks as goods)

P.S.: This is my last post on this obvious subject, specially to you.

 

[murray t turtle]

Quote from peilthetraveler:

Why start a business over trading? Let's see....

Imagine Sergey Brin and Larry Page said "Hey, why start a business called google? Lets just put our money into Yahoo instead."

Do you think they would be billionaires today if that happened?


And thats why a business is better....much more upside potential. On the downside...you cant just sit in a chair watching a screen for 6 1/2 hours and then go do whatever.

With a business, you actually have to work and manage it. It's like dancing with a bear...you can only take a rest when the bear gets tired.

=========
Good points;
and with a service type business, you can & should work by appointment or watch a screen as much as you can afford

May want to do both

 

[marketsurfer]

Quote from Fireplace:

A "Trade"", by definition, is defined as the transfer of ownership of a GOOD OR SERVICE from one person to another who wants them. Stocks, ETFS, futures...these are all included. Who cares how LONG one owns them, that's not relevant.

So a "TRADER" is one who facilitates trade.

Thus trading is a business. Just deal with it and move on.

A stock/future/option/currency is a good or a service?

You folks should just give it up.

surf

 

[etile]

Quote from marketsurfer:

A stock/future/option/currency is a good or a service?

You folks should just give it up.

surf

If its not a good, then please be sure to drop whatever stocks you are holding at my door!

 

[marketsurfer]

Getting back on track--- I have wondered the same thing--- As I lover of Chipotle--- am I better off spending a million to buy a franchise (thus becoming a BUSINESS OWNER) or investing a million directly into the stock?

any thoughts?

surf

 

[marketsurfer]

Quote from etile:

If its not a good, then please be sure to drop whatever stocks you are holding at my door!

Futures can be turned into goods if you take delivery at your front door. I don't believe stocks have this fungibility.

 

[Fireplace]

All that matters to me is making bank week in and week out, you can call what I do whatever the heck floats your boat

Quote from marketsurfer:

A stock/future/option/currency is a good or a service?

You folks should just give it up.

surf

 

[EMRGLOBAL]

I would go the Business route Surf.

Stock market is not the same free market pre 911 and it will never be again. NYSE is owned by the Germans, basically, the bottom line of companies are cooked and the GOV manipulates the market worse than any 'Insider" i have ever witnessed.

IMHO, the Markets are DEAD. No one I deal with and I mean 0% of the wealth I deal with put new money to work in the US STOCK MARKET in the last 8 or so years.

Most only hold 1% of their net worth in the US STOCK MARKET.

People are fools who really think that they will become wealthy by playing the stock market if they lackl capitalized.

Enlightenment, Entrepreneurship and Entertainment are my 3 Es for the rest of my life.

Day traders are dreamers for the most part as are most who have 5K or even 20K in an trading account and are leveraged 100 to 1 in buying power. FOOLS.

This country was not built on the stock market. The stock market was a place for the Privileged to put some of their money to work.
The average joe did not have access to the market like he does today.

The average Joe is fucked out of his money by most Financial Institution, BUcket shops, Brokers, etc.

The Financial System found out fast that the illusion of Wealth would create such a huge money make stream when the Average Joe jump's in the Stock Market. And they did for 20 -30 years, rake in billions.

Now the STOCK MARKET is a breeding ground for TO BIG TO FAIL SOCIALISTIC CORPORATIONS who use TAX DOLLARS to Re balance their 10ks. This money is taken by force, in the way of taxation from the citizens of the US>

Who in their fucking right mind would want to be part of that system?
Game over.

Now its time to create wealth one idea, one brick, one service at a time.

All the others, will be broke before this "Depression" ends.