Jodie Ernestaputra

255 Flips | 8 Magazines | 86 Likes | 4 Following | 7 Followers | @jodiern | Interested in global cultures and economics

Should Poor People Save For Retirement?

Andrew Biggs, American Enterprise Institute scholar (and fellow Forbes contributor) has a new article at the Washington Post, “State-run retirement plans are the wrong way to protect the poor,” in which he addresses the new auto-enrollment state-managed IRA plans.<p>Five states are launching plans to …

Retirement

Tips for Understanding and Using the P/E Ratio for Investments

In the world of investments, the letters P/E stand for Price/Earnings. The price/earnings ratio is a measure of the current share price of a company …

Stock Markets

Stocks Tumble as Trump Escalates Trade War With $200 Billion Tariff Threat

The Wednesday Market Minute<p>Global stocks tumble as White House unveils new $200 billion list of China-made goods targeted for fresh 10% tariffs.<br>• China …

Stock Markets

7 Studio Apartment Layouts That Always Work

Studio apartments come in all shapes and sizes, and usually, with tricky layouts. Fortunately, there are some tried and true furniture arrangements …

Living Rooms

Trump Calls For Privitization of the Postal Service

The Trump administration last week called for the privatization of the US Postal Service, as one of many proposals to overhaul the post office and …

Trump Administration

JPMorgan's ultimate guide to markets and the economy

Volatility has defined 2018's stock market. Trade war fears, and an increasing belief the US is nearing the end of the economic cycle have both put a damper on investor sentiment.<p>The S&P 500 is only up slightly this year, and the Dow Jones is down, with the tech-heavy Nasdaq is leading the way in …

Trading

Why no-one speaks Indonesia's language

Bahasa Indonesia was adopted to make communication easier across the vast Indonesian archipelago, but its simplicity has only created new barriers.<p>The woman stood in her roadside stall in a quiet neighbourhood in the Indonesian city of Yogyakarta, chopping tomatoes, beans and spinach, plus one red …

Language

U.S. Loses at World Cup and It’s Not Even Playing

Distracted bond traders skipped a Treasury auction. Thanks, Brazil-Mexico.<p>It’s bad enough for Americans that the U.S. men’s team failed to qualify for the 2018 World Cup. But to add insult to injury, the tournament may have cost Uncle Sam during this week’s Treasury auctions.<p>The U.S. government’s …

Trading

Dell will soon be a public company (again)

Dell, which went private in one of the the largest leveraged buyouts in tech circa 2013, announced today that it will once again be going public through a relatively complex mechanism that will once again bring the company back onto the public markets with founder Michael Dell and Silver Lake …

Dell Technologies

Complacent Investors Are Blind To How Fragile The Markets Truly Are

Yesterday, bank stocks recorded their longest losing streak - <i>ever.</i> The S&P 500 Financial Index is down for the 12th straight day.<p>The irony of this is …

Stock Markets

China's penetration of Silicon Valley creates risks for startups

SAN FRANCISCO (Reuters) - Danhua Capital has invested in some of Silicon Valley's most promising startups in areas like drones, artificial intelligence and cyber security. The venture capital firm is based just outside Stanford University, the epicenter of U.S. technology entrepreneurship.<p>Yet it …

Venture Capital

U.S. bond market recession gauge nearer to red signal: Reuters poll

BENGALURU (Reuters) - An inversion in U.S. Treasury yields, a solid and reliable predictor of past recessions, is at most two years away and perhaps only a year off, according to bond market experts polled by Reuters who have brought their forecasts nearer.<p>While there is still plenty of optimism …

Stock Markets

10 Books Every Aspiring Millionaire Must Read

If you aspire to the summit, learn from those who have already climbed mountains.<p>9 min read<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You have big dreams and big goals -- you want to be a successful entrepreneur or business leader and join the millionaires’ club. But how do you go …

Self-improvement

The world's biggest hedge fund warns: '2019 is setting up to be a dangerous period for the economy'

Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on nearly every financial asset.<p>"We are bearish on almost all financial assets," the firm said in a note to clients last week that was seen by Business Insider and first reported by ZeroHedge. "Markets are still pricing …

Markets

The 100 stories that shaped the world

BBC Culture asked writers around the globe to pick stories that have endured across generations and continents – and changed society.<p>“I rarely find someone, really anyone, who doesn’t know some part of this story – the idea of the lost man who can’t get home after the war… the woman at home with …

Literature

The week that Malaysian leader Najib's world fell apart

KUALA LUMPUR (Reuters) - As results poured in from polling stations around Malaysia on the night of May 9, with one parliamentary seat after another falling to the opposition, a stunned Prime Minister Najib Razak stared defeat in the face.<p>Malaysia’s former Prime Minister Najib Razak prays before he …

Asia

Does the VIX Need Fixing? Sure Looks That Way

The first step is acknowledging that something is wrong.<p>Last week, the Chicago Board Options Exchange (CBOE) responded to a research report into manipulation of the monthly settlement of the VIX, sometimes referred to as the stock market’s fear index, and attempted to assure participants that the …

A Baby Was Born in China 4 Years After His Parents Died

Four years after a Chinese couple died in a car crash, their baby was born to a surrogate, BBC reports.<p>Tiantian was born in China in December to a …

China

These Are the Prettiest Places on Earth to Feed Your Wanderlust

It's normal to overlook the simple pleasures in life when we feel stuck in a place or routine that doesn't fulfill us. But ironically, those are also …

Bucket Lists

Much of the modern world is explained by one population spike

We like to think of the story of human growth as a single, long ascent. In fact, it’s a solitary spike. The population growth rate hovered just above zero for more than 10,000 years. Only after something happened in the 1700s did the growth rate begin to climb, and climb, and climb.<p>With the …

Geography

49 Unforgettable Bucket List Trips You Can Do On A Budget

If you like to travel, you probably have a bucket list of places you want to hit throughout your lifetime. If you've been under the impression that …

European Travel

Tokyo to build world's tallest timber tower

<b>(CNN) —</b> A Tokyo skyscraper is set to become the world's tallest wooden building. Japanese company Sumitomo Forestry says its 1,148-feet-tall timber tower will be completed in 2041, to mark the 350th anniversary of the business that year. The W350 tower will cost an estimated 600 billion yen ($5.6 …

Skyscrapers

Ex-JPMorgan trader turned bitcoin fund manager: 'There’s trench warfare going on between analogue and digital financial services'

LONDON — A former high-flying trader who has embraced the world of cryptocurrencies says there is a "trench warfare" going on between traditional financial services and digital upstarts.<p>Danny Masters told Business Insider: "There's something of a trench warfare going on between what I call analogue …

Cryptocurrency

JPMorgan Weighs Buying an Exchange-Traded Funds Firm

JPMorgan Chase & Co. is shopping around for an ETF business that would boost its presence in the $3.5 trillion U.S. exchange-traded products market, …

Peter Thiel Had $244 Million Bet on Volatility Jump at Year-End

Peter Thiel is known for venture investments like those in Facebook Inc. and PayPal Holdings Inc. But it was a macro strategy that positioned him to …

The stock market collapse has blown a giant hole in mindless ETF investing

If your retirement savings are invested in an exchange-traded index fund (ETF), you're probably hurting from last week's stock market collapse. The S&P 500 Index has fallen more than 10% from its high in the last few weeks.<p>ETFs are designed to track indexes like the S&P 500, so that you get the …

Inverse Volatility Products Almost Worked

And people like them so much they keep coming back for more.<p>We have talked a couple of times this week about the unpleasantness experienced on Monday by investors in inverse volatility products like XIV (the VelocityShares Daily Inverse VIX Short-Term ETN, an exchange-traded note issued by Credit …

How I'm Planning To Protect My Portfolio In A Bear Market

It’s no secret at all that the market is aggressively priced after several consecutive years of above-average returns, and many analysts believe we …

In just two hours, Amazon erased $30 billion in market value for healthcare’s biggest companies

Amazon has disrupted fashion, books, furniture, food, cloud-based storage services, and much else besides. Now, it’s coming for one of the biggest, most complex industries in the US: healthcare.<p>Today (Jan. 30), Amazon, Berkshire Hathaway, and JPMorgan announced a vague but market-moving plan to …

Health Care

Modi Courts Investors With Plans for $5 Trillion Economy

India is working toward a five trillion dollar economy by 2025, Prime Minister Narendra Modi said at the opening session of the World Economic Forum …