Joel Sotikon

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Billionaire hedge fund manager Ray Dalio explains how capitalism works

Every Bridgewater employee, for example, is given an exhaustive 120-page manual on Dalio's world view.<p>In late 2013, he produced and narrated an animated video that explains "How the Economic Machine Works" that simplifies the economy as the interaction of short- and long-term debt cycles over a …

Insider reveals why investors are going crazy about companies like Uber, Snapchat, and Pinterest

After the dotcom bust destroyed the paper profits of a generation of speculators, the regulatory ethos in the U.S. shifted from facilitating the free flow of capital to preventing the public from losing money. Specifically, regulators imposed so much red tape, cost, and scrutiny on public companies …

Here's What 13 Top Wall Street Pros Are Predicting For Stocks In 2015

The S&P 500 closed the year at 2,058, above the year-end forecast of all but one strategist — FundStrat's Tom Lee.<p>For 2015, Wall Street sees stocks gaining some ground, but few strategists are calling for the fourth straight year of double-digit gains from stocks.<p>The average year-end target on the …

Muscle Foods for Men

Men's Health cover model Gregg Avedon shows you what he eats every day<p>When I began training and competing in bodybuilding contests, I realized that my diet was my best edge on the competition. Over the years, I've learned which foods accelerate or slow my gains. I think the right nutritional …

Start-up Aims to Fix America's $165B Food Waste Problem

You know that bruised apple you pushed aside at the grocery store? It's probably in a dumpster or a landfill somewhere, along with the 40 percent of America's food that is thrown away.<p>Food Cowboy is a start-up looking to redirect the fate of rejected food, not only to end hunger in America but to …

Russia's Central Bank Makes 'Risky Move' As Economy Suffers From Ukraine Crisis

The Russian Central Bank has reversed course, as expected. Following the surprise interest rate hikes in mid-December from 10% to a 17%, the bank’s monetary policy committee has opted to risk worsening inflation by cutting rates to 15%.<p>In theory, lower interest rates make capital cheaper and might …

Why China wants to become the world's banker

First, it lent Argentina cash to replenish its dwindling foreign-exchange reserves. Next, with the rouble crashing, China offered credit to Russia.<p>Then Venezuela begged for funds to stave off a default. Strategic interests dictate where China points its financial hose: these countries supply it …

Got a spare billion? Investment bankers are keen to help

LONDON (Reuters) - The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers.<p>U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. REUTERS/Kim Hong-Ji<p>Traditionally focused on companies and …

Investing

TOM LEE: These 8 Stocks Should Thrive When Oil Is Falling And The Dollar Is Rising

"Of the five 40% declines in oil, the stock market only fell two times—and both were a result of the US being in a recession at the time," Fundstrat's Tom Lee writes of the the history.<p>"We realize investors are a bit concerned about the negative effects from a surging currency (hurting exports) but …

Where Big Data Jobs Will Be In 2015

Demand for Computer Systems Analysts with big data expertise increased 89.9% in the last twelve months , and 85.40% for Computer and Information Research Scientists.<p>Demand for Python programming expertise increased 96.9% in big-data related positions in the last twelve months.<p>These and other key …

One Wall Street Guru Correctly Predicted 2014 Would Be Huge For The Stock Market

Almost no one but Tom Lee.<p>As JP Morgan's chief US equity strategist, Lee forecast in December 2013 that the S&P 500 would top out at 2,075 in 2014, surging 17% from the time he made that call.<p>"The bull market, which began in March 2009, is acting like a 'classic' secular bull market," Lee wrote in …

The best thing to do now for your portfolio

The stock market roller coaster is back.<p>The Dow and S&P 500 shed over 4% in December before rebounding sharply this week. Take your pick of what to be most concerned about: cheap oil, a flat-lining Europe, a slowing China, Russia on life support, the Federal Reserve taking away the stimulus punch …

56 Ways to Start Losing Weight Today

Consider it your ultimate weight-loss guide.<p><i>This article was republished with permission from POPSUGAR Fitness.</i><p>Losing weight isn't easy, and whoever tells you differently is lying. It takes commitment, hard work, and for many, a complete lifestyle makeover. But these 56 techniques will make losing …

The only funds you need in your portfolio now

<i>How many mutual funds do I need to have a diversified retirement portfolio? And what funds should they be? -- E.F.</i><p>A lot of people have the mistaken impression that to successfully invest for retirement you've got to assemble a portfolio of at least a half dozen or more mutual funds or ETFs.<p>That's …

Goldman's Top Economist Answers The 8 Most Important Questions For 2015

Here's a list of the questions and our quick summaries of his thoughts:<p><b>1. Will the US economy continue to grow above trend?</b> Yes. Domestic strength should offset weakness from other economies.<p><b>2. Will the dollar appreciation weigh on growth?</b> Yes, but it's manageable in the short term because of lower …

14 Incredibly Impressive Students At MIT

Less than 8% of applicants are admitted to the Massachusetts Institute of Technology, which means getting in is an impressive feat by itself.<p>We found 14 students who stand out at this esteemed university. MIT is known for its top notch engineering and computer science programs, and some of these …

Risk Management For Investors

In my previous article, I explained that large companies aren’t alone in their need for risk management. In fact, individuals can benefit by it as well. We also discussed a four-step process which can be followed to minimize poor decisions. In this post, we’ll focus on the specific risks associated …

The Best Cruise Ship Suites

<i>By: Andrea M. Rotondo, Cruise Critic Contributor</i><p>Cabins in two categories are the first to go whenever a cruise itinerary goes on sale: the most inexpensive stateroom -- be it an inside cabin or porthole view -- and the top-of-the-line suite. It may surprise you that the priciest accommodations are …

Five reasons why markets are heading for a crash

Hold onto your hats. Stock markets look much as they did in 2000 and 2007<p>Many stock markets are close to their all-time highs, the oil price is plummeting, delivering a significant boost to Western and Asian economies, the European Central Bank is getting ready for full-scale sovereign QE – or so …

Stock Markets

Benin says Lassa fever kills 9, no Ebola found

COTONOU, Benin (AP) — Nine people have died in Benin from Lassa fever, a viral disease common in West Africa with symptoms similar to Ebola, the …

When Will This Administration Finally Imprison Crooked Bankers?

As every day goes by, with more and more wrist slaps of crooked banking and crooked bankers, I am more and more convinced that two of our nation’s top attorneys, Helen Davis Chaitman and Lance Gotthoffer, have it right: The Obama administration, and Eric Holder in particular, have decided to give …

HUSSMAN: The Stock Market Is Overvalued By 100%

His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers.<p>John's public appearances are rare, so we're especially grateful he made time to speak with us yesterday about the precarious state in which he sees …

Goldman Sachs Group Moves Up In Market Cap Rank, Passing MasterCard

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Goldman Sachs Group Incorporated (NYSE: GS) has taken over the #50 spot from MasterCard Inc (NYSE: MA), according to The Online Investor.<p>Market capitalization is an important data point for …

Will natural gas kill coal?

The 5 Most Common Investor Mistakes

When investing, the stakes are alarmingly real: If we screw it up, we lose money.<p>In his book "The 5 Mistakes Every Investor Makes And How To Avoid Them," Peter Mallouk outlines some of the most common investor errors he's seen over the course of his career as a wealth manager.<p>His firm, Creative …

Forget the jobs numbers, America needs to focus on its income problem

Tomorrow is the first Friday of October, which means the Labor Department will release its monthly jobs report, an updated look at how many jobs the …

American Airlines Group Larger Than S&P 500 Component Corning

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component American Airlines Group Inc (NASD: AAL) was identified as having a larger market cap than the smaller end of the S&P 500, for example Corning, Inc. (NYSE: GLW), according to The Online Investor.<p>Market …

Russian minister says US must abandon claim to 'eternal uniqueness'

Russian Foreign Minister Sergey Lavrov issued a blistering attack on the United States and its NATO allies on Saturday at the United Nations, accusing them of being unable to change their Cold War “genetic code” and demanding the U.S. drop its claims to “eternal uniqueness.”<p>"The U.S.-led Western …

Russian foreign minister Sergei Lavrov calls for ‘reset’ of relations with US

Russia’s foreign minister, Sergei Lavrov, has called for a “reset” with the United States, following statements by western leaders that their sanctions could be lifted if Russia works toward peace in Ukraine.<p>In an interview with Russian Channel Five, Lavrov accused the west of setting off the …