Comments by "Joe Swanson" (@joeswanson733) on "Wall Street Millennial" channel.

  1. it's not soon right now you need to spend more than $10.00 for them to even ship your order out..
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  2. $55,000 profit on $320,000 gross sales a year? that's only around a 17% profit margin so for selling 25 cups a hour you barely bank $4580/month?
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  3. you can thank walmart for that...they pioneered that
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  4. Banks borrow short and lend long. They often borrow, for example, by taking demand deposits, such as checking and savings deposits, which must be paid back whenever depositors ask for them. On the other hand, most of the money they lend out is tied up in long-term loans, such as mortgages. any bank that strays from this formula will fail.
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