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SAN DIEGO (KGTV) - Charles Schwab is the latest large investment firm to offer fractional stocks as a way to get more people to invest.The move puts more high-dollar, blue chip stocks within reach for younger customers."It's a big win to consumers in general," says Steven Fox, the owner of Next Gen Financial Planning. "That's particularly helpful for younger investors because they typically tend to have smaller accounts."A recent report says that 66% of millennials say they're afraid of the stock market. Fox thinks it's because that generation watched their parents go through multiple downturns and were turned off by its volatility.But, Fox says fractional stocks, and other new ideas from large companies are enticing more people to invest. He says many firms are starting to offer perks like zero-commission trades, fractional stocks, and on-line based accounts to help people save money and invest more."It may only be 1%, but for a lot of people over a long period of time, as you account grows more and more, that 1% can mean a difference of tens or hundreds of thousands of dollars that you would have available to pull out later in life."Fox says it also helps people keep a more diverse portfolio. He says this is the start of a shift to more direct indexing, where investors will be able to use fractional stocks to create their own groups of investments, rather than buying pre-set mutual funds or indexes."You're gonna see more technology come out that makes it easy to do direct indexing and consumers are going to see more and more options here," says Fox. 1585

SAN DIEGO (KGTV) - County officials created a Dia de los Muertos altar to honor the lives of 891 San Diegans who died from the coronavirus, and put a face and heart into the fight.Supervisor Nathan Fletcher and Assemblywoman Lorena Gonzalez championed the altar as a way to send a message."We wanted to honor those families and honor those lives lived and acknowledge the tremendous impact it's had, but also pay particular tribute to the impact that covid has had on the Latino community," Fletcher said.Saying more than half of those who died in the county are Latinos. This is extremely disproportionate considering only 30% of the population is Hispanic, according to the 2019 Census."When we start looking at the actual human toll and our relatives who have moved on now as a result of this virus it becomes more real and reminds us why it's so important to stay so vigilant," Gonzalez said.Vigilance is what Treasure Felder said would have saved her mom Ronda."She was our angel on earth and is now our angel in heaven, that's how we like to refer to her," said Felder. Felder says her mom was a social worker with the county, caring for foster youth and a strong woman in her 60s."She was never really ill, in the hospital, or hurt. Even if she had a little pain she'd always push through. So to see her in a place where she could barely stand up and also having to be put in a chemically induced coma was something that none of us prepared for." she said.She said she walked into her mother's room on July 4th and found she couldn't stand and was breathing heavily. She called an ambulance, even though her mother didn't want to go to the hospital, and never saw her again.Felder said her mother always had her hand out to help others and is so incredibly proud of how her mother led her life. She hopes sharing her story of pain and emptiness, now that her mother is gone, will stir others to take steps like wearing a mask and social distancing to stop the spread of the coronavirus.The altar will stay up through Tuesday morning. 2048

SAN DIEGO (KGTV) — Boomers! has announced it will close its Kearny Mesa and El Cajon locations, after being shuttered in March due to the coronavirus.The local family entertainment centers announced online that they would close, though season passes, play cards, and "Boomers Bucks" will be honored at Apex Parks Group's eight other properties, including Irvine, Modesto, Santa Maria, Livermore, Calif.10News reached out to Boomers! Vista on whether that location would reopen in the future and have yet to hear back.RELATED: Gyms, other businesses begin preparing for California's June 12 reopening dateSan Diego Zoo hopes to reopen in 'coming weeks' under new limits"We apologize for the inconvenience. If you prebooked an experience prior to the COVID-19 closures a representative will contact you directly," the closed locations' websites read.Upon closing due to COVID-19, parent company Apex Parks said it was also going through "comprehensive financial restructuring and sale of the company," resulting in it filing for Chapter 11 bankruptcy.This week, the state offered guidance for approved counties to reopen family entertainment centers amid the coronavirus pandemic. 1186

SAN DIEGO (KGTV) -- California and 13 other states filed a lawsuit against the Trump administration Thursday, seeking to block changes to the federal food stamp program that would put 380,000 Californians at risk of losing benefits.The lawsuit claims the Trump administration failed to follow proper procedure and is undermining the intent of the food stamp program, known in California as CalFresh."No one should have to choose between a hot meal and paying their rent," said California Attorney General Xavier Becerra in a statement. "But this latest Trump Administration attack on low-income Americans will force them to do just that."RELATED: Thousands of San Diego senior citizens now eligible for food stampsBeginning in April, able-bodied adults without children will be required to show documentation every 90 days that they are working at least 20 hours per week or in vocational training. Otherwise, those adults can only receive three months of food stamps every three years.About 26,000 people in San Diego County would be impacted by the new rule, according to County Health & Human Services Agency spokeswoman Sarah Sweeney.The Trump administration estimates the change would save about .5 billion over 5 years. “These are taxpayer dollars and President Trump takes that very seriously,” said San Diego County Republican Party chairman Tony Krvaric. “Every dollar that is given to somebody who does not qualify, someone who is able-bodied, is taking resources away from somebody who actually truly need it.”RELATED: San Diegans relying on food stamps await word of program's future under shutdownVince Hall of Feeding San Diego said the federal food stamp program is a proven success. He said veterans will be particularly vulnerable to the changes.“Hunger is not going to motivate people who are already highly motivated, but it is going to disable their ability to find good productive jobs, to engage in meaningful job training programs,” he said. “Hunger is debilitating not empowering.”Hall said the cost of verifying people’s work requirements will likely exceed the cost of the food stamps themselves. The average recipient collects about 0 a month, he said. 2196

SAN DIEGO (KGTV) - Businesses are bracing for Governor Gavin Newsom's announcement Monday after San Diego has been on the state's watch-list since July 3, due to a surge in coronavirus cases.Newsom could announce indoor activities, like arcades, restaurant dining, movie theaters and museums will be shut down to contain the spread.This news comes as San Diego restaurants faced a volley of changes over the past four months."I think that the only thing that is constant is the change," Chief Brewing Officer Mike Hess said from his Imperial Beach brewery.He said the lucky thing about most of his locations is they have outdoor space, so they can shift more easily. "I called everybody Friday when we got word when it might change on Monday and everybody was like ‘Okay what do we need to do?’" He said sighing.READ RELATED: Mike Hess Brewing Company serving up a different type of alcoholSome of the changes he's made to be compliant with health orders have come at quite a cost. He said in one pay period his labor costs at the Imperial Beach location are three times the norm because they switched from bar service to table service and have to sanitize more often.Across town at Small Bar, Owner Karen Barnett said they shut down at the beginning of July and don't have any plans to reopen.'At the end of the day a business is a business, people are more important.' Barnett said they have been doing take out since the beginning of the pandemic, but never reopened for dine in.She said the small space at her business and horror stories of other restaurants and bars dealing with enforcing social distancing, wearing a mask and employees testing positive with the virus, helped her stick to her guns.On Friday, she posted this on Instagram, "After much consideration, Small Bar will be closing for the entire month of July (possibly longer). When the global pandemic was declared almost 4 months ago, we decided to quickly switch gears and continue to serve our community as thoughtfully and safely as possible. Unfortunately, Americans both near and far don't seem to be listening as closely to science as we are. We no longer deem our services "essential". We care about our community and feel the best move right now is to take a step back for a few weeks. In the meantime, we will be working on our footprint and how we can safely reopen later. We encourage more businesses to follow our lead to help flatten the curve, yet again. We will be working on ways to serve with as little contact as possible, but until that time we wish you all health and peace in the world. Take care."Monday we will find out if all restaurants will have to shut down inside dining, and wait at least three weeks until reopening. 2725