Zaigham Abbas Ahmed

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I was earning $500,000 a year at 30

After graduating from college, my career moved quickly up the corporate ladder, including eight years on Wall Street.<p>I worked at JPMorgan Chase, I was a vice president at Citibank, and then a director at Lord Abbett Investments on the e-marketing and e-commerce side.<p>Every day a new company was …

Personal Finance

Paralysed Opec pleads for allies as oil price crumbles

The cartel is no longer able to steer prices and risks going the way of the Texas Railroad Commission. The oil market has become a jungle<p>The Opec cartel is to continue flooding the world with crude oil despite a chronic glut and the desperate plight of its own members, demanding that Russia, …

What your music taste says about your personality

We’re exposed to music for nearly 20% of our waking lives. But much of our musical experience seems to be a mystery. Why does some music bring us to …

Undertale will make you question the essence of video games

In life, you live with the consequences of your actions. Sometimes games are like this, too, but it’s hard to care as much about pretend consequences. After all, it’s just a game, right? You can do what you want. You can see everything there is to see in a game, morally questionable or no. Why is …

Logging

The single most effective step to start getting rich, from a 78-year-old personal finance classic

Their wealth all started with one emotion, he argues: <b>desire.</b><p>"Wishing will not bring riches," he writes in "Think and Grow Rich," the culmination of his interviews with Andrew Carnegie, Henry Ford, John D. Rockefeller, and hundreds of other successful people.<p>"But desiring riches with a state of mind …

Self-improvement

A watch list keeps investors ready for anything

Jean-Francois Dion, portfolio manager with RBC Wealth Management in Toronto, takes a quick glance at an Excel spreadsheet open on his screen. Bright green and dark red letters predominate.<p>It's his watch list – an assortment of a dozen or so solid companies he's keeping an eye on, stocks that could …

How to invest like ... JD Rockefeller, the richest man who ever lived

How would you like to invest like the richest man who ever lived?<p>John D Rockefeller Snr had modest origins but, as the driving force behind the spectacular growth of the Standard Oil company, became the world’s first billionaire and by the time of his death in 1937 his assets worth about 1.5pc of …

Wealth industry faces huge shift as boomers transfer wealth to their kids

<i>This is part of the Globe and Mail's week-long series on baby boomers and how their spending, investing, health and lifestyle decisions could affect Canada's economy in the next 15 years. Is Canada ready for the boom?</i><p><i>For more, visit</i> tgam.ca/boomershift <i>and on Twitter at #GlobeBoomers.</i><p>Over the next …

Retirement

Oil nations feel the strain of  Opec’s continuing price war

Crisis-hit Venezuela to press for change in policy, reports Andrew Critchlow<p>Almost a year ago Rafael Ramirez, Venezuela’s long-serving former oil minister, emerged from a tense meeting of the Organisation of the Petroleum Exporting Countries (Opec) looking red faced and furious.<p>Within the privacy …

Beijing promotes low-paid college grads to startup CEOs

SHANGHAI (Reuters) - Quitting her job as receptionist, joining rock bands and chancing her tattoo-sleeved arm at small business ventures would once have branded college graduate Ding Jia as a rebel in China. Now she can claim state endorsement as a “creative”.<p>Young entrepreneurs work at an office …

China

The Smoking Gun: Silver & Gold Manipulation Exposed

<i>Gold price suppression!</i><p>The amount of ink spilled on this topic could fill a supertanker. Goldbugs the world over believe in the suppression story as …

Trading

China is making a new 5-Year Plan — and it'll decide the fate of the global economy

That might sound like a bunch of Mao-ist gobbledook to most of us in the West, but if you're interested in where the global economy is heading next, this is The Big One.<p><b>China will use the plenum to set its GDP growth rate for the next five years.</b><p>And if delegates start talking about any number lower …

Markets

GOLDMAN: Welcome to the '3rd wave' of the financial crisis

The financial disaster, which started seven years ago with the collapse in US real estate and investment banking, has entered its third phase, according to a team of Goldman Sachs analysts.<p>This wave is characterised by rock-bottom commodities prices, stalling growth in China and other …

Markets

Iraq plans bond offering for brave investors

Looking to spice up your portfolio? Try investing in Iraq.<p>The oil rich country is hoping to borrow $6 billion from international investors, and could sell the first slice of bonds worth $2 billion as early as this week. It has been trying to drum up investor interest over the past few days.<p>If the …

Oil

www.hautlife.com

12 Rules on Personal Finance

1. Don’t get a salary. A salary will never make you money.<p>2. Don’t invest any of your money. Investing is for wealth preservation, not wealth …

Personal Finance

6 Forgotten Mental Illnesses

Once thought to be the result of religious punishment or demonic possession, mental illness has come a long way. When we think about mental illnesses …

Morgan Stanley: rich investors wary of legal marijuana

America’s legal cannabis industry will belong to a minority of Americans with a large appetite for risk. The rest of us will watch from the sidelines.<p>That’s the verdict from massive financial firm Morgan Stanley, which released the results of a poll about investing in marijuana.<p>Even if marijuana …

Cannabis

The stock market is in 'all or nothing' mode

Investors have been taken on a wild ride this summer that's been nearly unprecedented.<p>The craziness was punctuated by the Dow's 1,000-point nosedive on August 24, its largest intraday point decline on record.<p>But here's an even more telling sign of the swings: Bespoke Investment Group tracks "all or …

Stock Markets

Zotac introduces the Magnus EN970, a mini PC that packs a NVIDIA GeForce GTX 960

Zotac has introduced what can only be described as a mini PC on steroids. While we have detailed mini PCs from Zotac before, the Magnus EN970 offers …