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Stitch by stitch, Juanita Martinez is creating a better future for her family and her community.“As a woman and a Hispanic, I think that I’m really proud of what we’ve done,” she said.Martinez is a co-owner of Three Amigos Graphics, a mother daughter-run business in Houston, Texas, with the third amigo being their neighborhood.“They love us,” Martinez said of her community. “I don’t know how else to put it. They take care of us and they make sure that we’re okay and that’s part of the community that we’re in.”Martinez runs one of more than 600,000 thousand Hispanic-owned businesses in the United States. According to the Houston Hispanic Chamber of Commerce, those businesses account for almost trillion in annual economic spending in areas ranging from, what experts describe as, the barrio to the boardroom.“That community has continued to mature in terms of their education and their buying power, so the number trillion doesn’t surprise me,” said Randy Velarde, president of The Plaza Group, an international petrochemical marketing group.While Hispanics continue to add and impact the nation’s economy, Velarde is promoting quality over quantity.“I’m hopeful and encouraged by our ability to be more influential in other parts of society,” he said.In 2019, the number of Hispanics reached 60.6 million, making up 18% of the U.S. population, according to the Houston Hispanic Chamber of Commerce.“As go Hispanics goes Houston and in this case as go Hispanics so goes the United States,” said Dr. Laura Murillo, president the Houston Hispanic Chamber of Commerce. She says Hispanics account for roughly a quarter of the U.S. gross domestic product and she hopes corporate America starts taking better notice.“Latinos have made many strides,” Murillo said. “We should continue to aspire to be in high places but never forget that many of us came from Navigation.”Back on Navigation Blvd., Three Amigos Graphics continues working to better their local economy and their community.“It’s nice to have money but we’re not in it to be rich,” Martinez said. “We want to make sure when I do good my neighborhood is doing well.” 2140
Tens of thousands of people turn to Google every month to see if now is the time to invest. It’s a loaded question, especially this year: In late February 2020, the S&P 500 began a monthlong decline, finding what investors hope was the pandemic floor on March 23.Historically, it has taken an average of about two years for the market to recover from a crash; this time, it bounced back in just 149 days. By the end of August, the index was once again hitting record highs.Stranger still, this unprecedented recovery came amid dour headlines, with U.S. unemployment hitting an all-time high in April and remaining above 10% through July.Between the stock market’s erratic behavior and economic uncertainty across the globe, investors are understandably wary. But that shouldn’t mean sitting out of the market.Understanding the Main Street-Wall Street disparityThe market’s recovery is clearly at odds with the U.S. economy. But a closer look shows this imbalance may not be as perplexing as it seems.The stock market reflects investor sentiment about the future, not what’s happening right now. While retail investors may be more inclined to buy and sell based on daily headlines, institutional investors are looking far ahead. And given the rapid market recovery (and the expectation of continued help from the Federal Reserve), it appears Wall Street isn’t spooked.The S&P 500 is also market cap-weighted, meaning larger companies will have a bigger impact on its performance (see how the S&P 500 works to learn more about this). The five largest companies in the index (Apple, Microsoft, Amazon, Facebook and Google’s parent company Alphabet) are in tech, an industry that hasn’t been hit as hard by COVID-19. The tech-driven recovery helped push the S&P 500 to its record high, despite the ongoing economic issues caused by the pandemic.And then there are the high hopes for an eventual vaccine. According to Robert M. Wyrick Jr., managing member and chief investment officer of Post Oak Private Wealth Advisors in Houston, investors may be betting on the belief that a coronavirus vaccine will be produced sooner rather than later. If and when a viable vaccine is broadly available, it’s likely to be a big driver of continued growth in the markets.“While this is likely already priced into the market to some degree, I would prefer not to be on the sidelines when this ultimately happens,” says Wyrick, whose firm specializes in advanced risk-managed investing.Timing the market vs. time in the marketAccording to Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland, when you start investing isn’t as important as how long you stay invested. And that’s a maxim to remember in a pandemic, too.“The best way to build wealth is to stay invested, but I know that can be challenging,” Cheng says in an email interview.It’s easier if you invest only for long-term goals. Don’t invest money you may need in the next five years, as it’s highly possible the stock or mutual fund you purchase will drop in value in the short term. If you need those funds for a large purchase or emergency, you may have to sell your investment before it has a chance to bounce back, resulting in a loss.But if you’re investing for the long term, those short-term drops aren’t of much concern to you. It’s the compounding gains over time that will help you hit your retirement or long-term financial goals. (See how compounding gains work with this investment calculator.)The water’s fine, but wade in slowlyOne of the best strategies to remain calm and stay invested during periods of volatility is a technique known as dollar-cost averaging.Through this approach, you invest a specific dollar amount at regular intervals, say once or twice a month, rather than trying to time the market. In doing so, you’re buying in at various prices that, in theory, average out over time.Wyrick notes this is also an excellent strategy for first-time investors looking to enter the market during times of uncertainty.“It’s very difficult to time when to get into the market, and so there’s no time like the present,” Wyrick says. “I wouldn’t go all-in at once, but I think waiting around to see what happens to the economy or what happens to the market in the next three, six or nine months in most cases ends up being a fool’s errand.”So how, exactly, do you start dollar-cost averaging into the market? A common strategy is to pair this with stock funds, such as exchange-traded funds. ETFs bundle many different stocks together, letting you get exposure to all of them through a single investment. For example, if you were to invest in an S&P 500 ETF, you would have a stake in every company listed in the index. Rather than investing all your money in a few individual stocks, ETFs help you quickly build a well-diversified portfolio.To dollar-cost average you could set up automatic monthly (or weekly, or biweekly) investments into an ETF through your online brokerage account or retirement account. Through this approach, you would achieve the benefits of dollar-cost averaging and diversification, all through a hands-off strategy designed for building long-term wealth.More From NerdWallet5 Things to Know About Gold’s Record-Breaking RunNew Investors: Quit Stock-Picking and Do This, Expert Says6 Ways Your Investments Can Fund Racial JusticeChris Davis is a writer at NerdWallet. Email: cdavis@nerdwallet.com.The article In a Year of Uncertainty, Should You Still Buy Stocks? originally appeared on NerdWallet. 5570

TEMECULA, Calif. (KGTV) -- Border Patrol agents arrested a man Sunday after discovering more than 0,000 worth of drugs hidden inside his SUV. According to Border Patrol, agents spotted a man in a Ford Expedition swerving in and out of lanes on I-15 near Temecula around 11:15 Sunday. A short distance later, agents stopped the man and questioned the driver when the agency says a K-9 alerted agents that there may be drugs inside the vehicle. After a search, agents discovered six bundles of cocaine and two bundles of black tar heroin inside a panel behind the driver’s side rear-quarter panel. Another search at a nearby station revealed eight more bundles of cocaine and two more bundles of the heroin. The value of the cocaine is estimated to have a street value of 4,000 and the heroin’s value is estimated at ,700. The 39-year-old man, who agents say is a U.S. citizen, was arrested for possession of narcotics. Since the beginning of October 2018, agents have seized 865 pounds of cocaine and 2,648 ounces of heroin. 1041
The “chicken wars” may be heating up again in the fast-food industry.McDonald’s announced Tuesday that it will soon be introducing spicy chicken nuggets to its menu, an item popularized by competitor Wendy’s.McDonald’s says it will start offering both Spicy Chicken McNuggets and Mighty Hot Sauce in the United States starting on September 16.“Breaded with a sizzling tempura coating made of both cayenne and chili peppers, these craveable, dippable and downright-delicious Spicy Chicken McNuggets are joining our classic McNugget line up, and pack plenty of spice and flavor into each bite,” wrote McDonald’s in a press release.The spicy nuggets and sauce will only be available for a limited time and at participating restaurants.“This is the first time we’ve introduced a new flavor of our classic Chicken McNuggets in the U.S. since they came to menus in 1983,” said Vice President of Menu Innovation, Linda VanGosen.The fast-food chain says the Mighty Hot Sauce is its first new sauce since 2017 and it will be the hottest one available at its restaurants.“For those who care to dial up the heat, we’ve crafted our new Mighty Hot Sauce, boasting a powerful blend of crushed red peppers and spicy chilis,” said McDonald’s.Additionally, McDonald’s says it will start selling a new McFlurry made with Chips Ahoy!“This delicious treat features vanilla soft-serve, caramel topping and Chips Ahoy! cookie pieces blended throughout,” said McDonalds.The Chips Ahoy! McFlurry will also be available for a limited time starting Sept. 16, in snack and regular sizes. 1568
TAMPA, Fla. — If you’ve decided to keep your child home this semester for virtual learning, you may need to step up your shopping list game — because comfort is key!“They experience strain just like we do,” said Dr. Erin Mitchell, a Chiropractor in Clearwater.That strain on their neck and back can keep them from concentrating on the work in front of them plus, it hurts.“We shouldn’t be seeing kids with headaches. All of this stuff are symptoms of something going wrong that needs to be corrected,” she said.The corrections are pretty simple. Get a chair that fits your child or retrofit a chair for them.“For children, you want to make sure that the knees are going to be at the edge of the seat. Obviously for me, I don’t need that but if not you can also crop a pillow behind here,” Mitchell said, as she points to space between her back and the chair.Also, get a footstool to rest their feet on if they can’t touch the ground.Ankles, knees, and arms should be at a 90-degree angle, and don’t forget the computer.“You wanna make sure that your screen is right at eye level,” Dr. Mitchell said.Another headache trigger is the damaging blue light that comes from your laptop or computer screen. You can get glasses that block that.“It messes with your natural melatonin production which is what regulates your sleeping cycle,” she said.But most important, Dr. Mitchell says kids need to get up and move every 30 minutes to an hour.“We’re kind of designed to move. We’re not designed to sit for long periods of time and that’s gonna help with the kid's comfort as well as their concentration,” she said.Set timer as a reminder and change up the activities.Pictures of the "do’s and don'ts" were provided by AL-Inclusive Therapy Services and can be found on its website. You can also purchase your own copy of the learning guide — Discount code teach2020 will save you .This story was first reported by Heather Leigh at WFTS. 1937
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