Macau is getting rocked by reports of a $258 million casino heist

Some more bad news for Macau's high rollers — or what is left of them.

On Thursday, the Hong Kong-based investment bank Daiwa Capital Markets published a report saying that as much as $258 million had been stolen from a junket operating inside Wynn Macau.

In Macau, junkets operate as third parties within casinos, bringing in cash that high rollers — the VIPs who bet big at the casino — use to leverage their bets.

It is suspected that employees of Dore Holdings, the junket working inside the casino, made off with the cash.

For its part, Wynn told Bloomberg its casino didn't lose any money, but the company's stock has still fallen 9% on the news.

The reason for the drop is that the heist has the potential to do serious damage to the high-roller market in Macau, which makes up a chunky 50% of gambling revenue on the island.

beta.finance.yahoo.com

The Boring Secret to Getting Rich

It's boring, but that doesn't mean it's easy.

The media likes to paint a certain picture of what it means to be rich — huge mansions, expensive cars, high-powered Wall Street or tech-startup-type jobs. If you buy into that image, being rich may feel like an impossible dream.

But the truth is that most “rich” people live very normal lives. You probably wouldn’t even know they were rich if you saw them because they don’t fit the stereotype. Most rich people are a lot like you and me. They just know a secret that, while incredibly effective, isn’t very sexy.

The secret to getting rich -> time.com

How I made almost $24,000 in 4 weeks freelancing online

When people ask me what the best ways to make money are, sometimes I laugh.
Not because the question is stupid, but because, well, there really is no “right” answer.
The truth is that almost anything can make money.
But first, you have to change your mindset.
You must start viewing your skills and experiences as bankable, valuable resources with paying for.
You (yes, you) can help someone with skills and knowledge that you already have.
The easiest way to do this is by freelancing.

Weiter auf: businessinsider.com

How To Be a Millionaire — and Not Even Know It

A financial adviser explains to two teachers why they don't need a lot of money in the bank to be rich.

Mr. and Mrs. Rodrigues, 65 and 66 years old, were in my office. Their plan was to retire later this year. But they were worried.
“Our friends are retiring with Social Security, lump sum rollovers, and large investment accounts,” said Mr. Rodrigues, a school teacher from the North Shore of Boston. “All my wife and I will get is a lousy pension.”

time.com

Mysteriöser Kult-Trader "CIS" verdient mit Börsencrash 34 Millionen Dollar

Sein Gesicht kennt kaum einer, sein Name ist in der Trading Szene allerdings durchaus ein Begriff: Wie ein japanischer Daytrader im Panikmarkt der letzten Woche 34 Millionen Dollar verdient hat.

 Er nennt sich selbst "CIS", ist 36 Jahre alt - und an dieser Stelle erschöpft sich auch das Wissen über den Japaner, der die Internetwelt via Twitter über seine riskanten Finanzmarktwetten auf dem Laufenden hält.

Kühler Kopf in heißem Markt
Während ein Großteil der Anleger am vergangenen Montag einen der schlimmsten Handelstage der vergangenen Jahre erlebte, hatte ein japanischer Daytrader ein glückliches Händchen und bewahrte einen kühlen Kopf.

finanzen.net

Successful people do all the things that unsuccessful people do not want to do

This billionaire follows the same routine every morning, no matter where he is in the world

 Entrepreneur John Paul DeJoria is the co-founder of Paul Mitchell hair products and Patrón tequila.
I love waking up in the morning.
Doesn’t matter where I’m at, which home I’m in, or what hotel room I’m visiting. The very second I wake up, I stay in bed for about five minutes and just be.

Read more: http://www.businessinsider.com/john-paul-dejorias-morning-routine-2015-3#ixzz3kQAx54Z3

 

I'm a self-made millionaire, and here are the 10 best pieces of advice I can give you about money

About six months ago my wife and I decided to turn our North Georgia summer retreat into our full-time residence.
We decided to make a few changes to the property now that we would be living in it year-round.
As I was getting into my car one morning, three of the workers paused from what they were doing and stared me down.
I stopped and asked if everything was ok, and one of the men said, "It's not fair. You have this beautiful home and a nice car while we are stuck doing hard labor for just a little more than minimum wage."

I approached the men, and we ended up speaking about building wealth for more than an hour. I shared with them that life wasn't always this good, and at one point I was $50,000 in debt and didn't know how I would climb out of it. The men shook my hand and thanked me for sharing my insights.
Fast forward to this morning and I was again about to get into my car. A man driving a truck down the street stops in front of my house and yells, "Mr. Siebold, I took your advice and started my own company. I have five employees working for me and business is booming. My family and I are experiencing freedom like we never thought possible."
He continued, "Please share your words of wisdom with others."
So moved that this man turned his life around, I'm now going to take his advice and share the takeaways from that conversation six months ago:

Read more: businessinsider.com