Rendy Putra

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24 books to read this summer that will change your life forever, according to my coworkers

Books can be incredibly powerful. They have the ability to suck us in, take us on adventures, and influence the way we think.<p>They can teach us, move us, give us new perspectives, and help shape us. And the most powerful ones change our lives forever.<p>I asked my Business Insider colleagues to share …

China is walking its economy right into a trap

Likely without fail, every quarter you read an article about how the country's debt-to-GDP ratio is rising to a dangerous level, now 284%, or has reached an unsustainable level. This, you read, is the beginning of the end. This is what will bring down the Chinese economy.<p>In a note on Thursday, …

China

Warren Buffett: Here's How I Would Solve the Trade Problem

<i>Warren Buffett wrote this article, originally titled “America’s Growing Trade Deficit Is Selling The Nation Out From Under Us. Here’s A Way To Fix</i> …

China's Political Turmoil Worsening, Affecting The Economy

On the 15th of this month, the premier of China made inspection visits of Tsinghua and Peking Universities in Beijing. Now the talk in the Chinese capital is the “rapid rise in the political status of Li Keqiang,” as one Chinese observer put it. Premier Li, says former official Liang Jing, “may …

China

The problem with negative interest rates

I wrote at the beginning of January that economic conditions this year were set to be as weak as in 2015, which was the worst year since the global financial crisis erupted in 2008. And, as has happened repeatedly over the last decade, a few months into the year, others’ more optimistic forecasts …

Interest Rates

5 Companies With 5 Rising Dividends

Real estate investment trusts (REITs) are a more reliable source of income than many comparable high yielding stocks in volatile sectors like energy. That’s because REITs are legally required to hand over the bulk of their income to investors. This unique structure, which is the result of …

Investing

The secret meeting at the G20 was designed to do 3 things

It also leads to "groupthink," which is usually associated with everyone missing obvious dangers and walking off a cliff in lock step.<p>Even when Wall Street analysts do venture out, it's to visit clients in skyscraper offices with canned presentations and programmed scripts. The dialogue is stilted. …

Stock Markets

Warren Buffett on Booms, Bubbles, and Busts

Smart people still argue what caused the Great Depression, almost nine decades after it happened.That's the nature of deep recessions. The desire to assign blame to tragedy and the will to avoid being blamed makes these debates less scientific than we'd like.<p>One way to make sense of what happened …

Investing

The biggest force powering the stock market is starting to disappear, and it could be a huge problem

Companies have been supporting the stock market through buybacks for years.<p>But according to some analysts, the era of buybacks may be coming to a close.<p>And this could be terrible news for the stock market.<p>Companies have been their own best friends<p>According to a note from analysts at HSBC, buybacks …

Warren Buffett Explains Why Over Time Stocks Go Up

As we head into March, global financial markets continue to be troubled. Stocks have opened the year, now two months in, down 8% (globally).<p>The world is hampered by systemic risks from cheap oil, and fears about a slowdown in China, negative interest rates (i.e. policy mistakes) and rising fears of …

Economics

Negative interest rates are a calamitous misadventure

The world's central banks should take a deep breath and step back from the calamitous misadventure of negative interest rates.<p>Whatever theoretical profit can be mined from this thin seam, it is entirely overwhelmed by the slow ruin of the banking system.<p>Huw Van Steenis, from Morgan Stanley, calls …

Economics

Vanguard founder John C. Bogle explains where most investors go wrong

Chances are, if you have a 401(k) or an IRA, you've got money in a fund owned by Vanguard. The good news is that means you're probably not paying a lot in fees to hold it. Bogle, who turns 87 this year, has long espoused low-cost index funds.<p>His firm introduced the first index fund in 1976. The …

8 New Self-help Books That Actually Help

1<p>If you want to be better with money<p><b>Read:</b> <i>The Index Card</i> by Helaine Olen and Harold Pollack<p>A financial journalist and a college professor team up to …

The Hidden Consequences of the Oil Crash

Crude prices are at their lowest levels since 2003. Fifteen experts tell us what that means for the United States and the rest of the world.<p>For months, American drivers have been greeted at gas stations with a pleasant surprise: Gas prices have fallen by half, dropping an average of more than $2 a …

Oil

Sell Stocks, Buy A Birkin? Not So Fast, Experts Say

To quote the sales clerk from <i>Sex and the City</i>, true: “it’s not a bag, it’s a Birkin,” but is it a better investment than, say, stocks and bonds?<p>A recent swath of articles touting this pricey arm candy as a sensible investment had me channeling my inner Carrie Bradshaw. I “couldn’t help but wonder” …

Sex and the City