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"It's weird being a 16 year old these days," Reid Sotkin said. You could say Sotkin is just your average kid. He's a junior at Jenks High School who likes to hang out with friends. And oh, by the way, he's an investment guru."I just googled what books Warren Buffet recommended and that's kind of how I got my start," Sotkin said.One of his favorite books?"Actually this book right here," he said. "'The Intelligent Investor' taught me quite a bit."Sotkin is so passionate about investing, he's become a source of advice for friends young and old."I started investing myself and then all my friends started asking me what they should invest into and stuff," he said.Now, he's combining his love of investing and his passion for coding to develop an app to teach people how to invest wisely."There's a feature on the app where you put in your salary and how long until you retire, all your bills and everything," Sotkin said. Sotkin's app, "Calculating The Future," is an award winning app."It tells you how much you have to put in each month into each of them and it tells you how much money you'll have when you retire," he said. Sotkin appeared before a panel of judges on a Zoom call, answered all kinds of questions, and won the 2020 Congressional App Challenge."I guess they just chose me to win and then Congressman Hern gave me a phone call one afternoon. Yeah, I was pretty surprised," he said. Sotkin puts his money where his mouth is. He plans on living comfortably. So, he's investing now."I do a couple hundred dollars every month," Sotkin said. "So, I just do that so that way I'll have a couple million dollars by the time I retire just sitting in the background."During our Zoom interview, I just couldn't resist getting some advice about my own investment advisor, 2 Works For You's Chief Meteorologist Mike Collier."He's kind of been giving me some stock tips and they've been kind of terrible," I said as Sotkin laughed. "So, give Mike some advice on how he should invest in the stock market.""Basically, unless you're very smart and spending a lot of time, you're not going to beat the market," Sotkin said.Sotkin said he likes the S&P500. It represents 500 very reliable companies."That's gone up an average of 9.8% since its inception," Sotkin said. "That's the way to go. Just put it in index funds and let it accumulate over 30, 40, 50 years."The future is looking bright for this young entrepreneur and it could be for you, too. Sotkin said it's all about starting early, being consistent, and taking advantage of compound interest."Do you mind if I ask about your net worth right now," I asked."Yeah, but ah... I don't want to say right now," he answered.This story originally reported by Mike Brooks on KJRH.com. 2763
"I thought he was crazy," said Dave Egeler about what his identical twin told him he was going to do to raise ,000 to help two charities dedicated to helping dogs rescued from neglect, dogfighting and other forms of cruelty. This Saturday, Dan Egeler, a retired lawyer and cancer survivor, is planning to run four full marathons in 24 hours. Egeler's goal is to get a lot of people to donate a little bit or a lot to help him get to his goal of ,000. The money will be shared between Waggin' Tails Dog Rescue and Bark Nation which helps dogs recover from the abuse they've been subjected to in dogfighting. Both charities are nonprofit organizations that are driven by volunteers who are dedicated to helping the dogs recover from any physical and mental injuries they've suffered. "Anyone who owns a dog knows they are unconditional in their love," Egeler said. "They provide a lot of joy and excitement in the family and they're just so great to have around so we love dogs."And everyone will be able to keep up with Egeler's progress that will begin Saturday at 1 o'clock in the afternoon because he'll be wearing a tracker.Egeler will start in Dexter and run through parts of western Washtenaw county and on a track at night. He'll end his marathons Sunday at 1 o'clock in the afternoon in Dexter.Click here to find out more about the race, the charities, and where to make a donation. "Obviously it's a strong stress on the body and I plan for that, but I gotta do this and I've got to complete four marathons in 24 hours," Egeler said. "And that's gonna be more of a mental challenge than a physical challenge." This story originally reported by Kimberly Craig on wxyz.com. 1709

From California to South Carolina, a former Marine is riding is motorcycle across the country to raise money for Save the Brave.Major Scott Huesing is riding to honor his friend Dave White, a former Navy Veteran, who recently passed away from alcohol poisoning.When asked to give the eulogy at his friends funeral, Huesing want to do something more along the way. He's riding 4,600 miles round trip to raise money for Save the Brave, a nonprofit that's combating suicide and Post traumatic stress disorder among veterans and first responders."This pandemic has created a lot of fear for people and it’s isolated people," Huesing said. For veterans and people dealing with post traumatic stress, isolation is probably the worse thing for them. I think it’s probably the jump off point to where they reach hopelessness."According to a United States Department of Veterans Affairs Report, suicides are on the rise. In 2017, more than 45,000 Americans died from suicide and 6,130 of them were U.S. Veterans."I think right now people want to feel united around something and to be able to hop on my Harley and drive 4,600 miles round trip, I think that gives people a reason to come out and support," Huesing said.One of his first stops was in Tucson, but he's been riding ever since. You can follow his journey on Instagram.To donates to Save the Brave, go here. KGUN's Veronika Vernachio originally reported this story. 1439
An employee for Oakland County doing work in Commerce Township, Michigan, was injured while removing a political sign that was incorrectly placed in the road right-of-way. There were several razor blades attached to the bottom of the political sign. There were two political signs with several razor blades attached to the bottom. The sheriff's department is investigating the incident, and has taken the signs into custody. The employee was taken to Huron Valley Hospital for treatment of his hand. This article was written by Cara Ball for WXYZ. 591
An apparent banking fraud scheme leaves one Tulsa couple scratching their heads and with a frozen bank account.The Bruce family said a mysterious amount of money showed up as if from thin air, and then disappeared, leaving them, the account holders, as the prime fraud suspects.Larry and his wife Crystal were thrown for a loop after watching a couple thousand dollars appear in their bank account overnight."Somehow our mobile app on our USAA app was activated by someone on the outside,” Larry said. “They deposited ,000 in a business account."Confused, the couple immediately checked on their funds only to watch even more activity unfold."Then they transferred a thousand dollars from that account to our social security accounts,” added Larry.From there, that ,000 dollars transferred to a woman Larry said he's never heard of using the mobile banking app, Zelle."We don't even have Zelle on our phones,” Larry said.Even more baffling, the fraudulent check appeared to be endorsed by Larry and his wife."That is not my signature, and it sure is not my wife's signature,” he said.The couple acted, calling their bank, USAA, to make a fraud claim, only to be dealt a frozen bank account and an alleged accusation."They said they had proof that my wife did it on her mobile app on her phone through her member ID.”The bank sent this statement:"Our member's financial security and outstanding service are of the utmost importance to everyone at USAA. While we can't get into the detail of a member's account, we have worked with Mr. Bruce to bring the matter to resolution.""After we notified you all, we got a call from one of the CEOs down there… that she was working with the investigations and she said they found an error,” Larry said.The couple said a new investigation revealed they had nothing to do with the fraud, and their accounts were unfrozen, and funds replaced.Officials with USAA told the Bruce's they believe the fraudster was able to hack Larry's email address and somehow gain access to their account, but that the paper trail didn't go very far.To protect yourself from bank fraud, USAA gives this advice:Never provide your personal or banking information to unauthorized individuals. Fraudsters ask for things such as personal identifiers, debit or credit card information and account numbers.Be cautious when asked to make a deposit or send money back. Fraudsters sometimes convince you to make a deposit or payment to reduce your debt and provide an account number/routing number to use, but require a fee to be sent to the fraudster when the payment is made. The payment will return, the fee will be lost, and the account holder will be responsible.Contact your bank immediately if you provide your personal banking information to an unauthorized individual or see suspicious activity on your account.Consider changing online banking and email passwords on a regular basis. Some financial apps are tied to your email account and can be accessed with those passwords.Remember, if it sounds too good to be true, it usually is.This article was written by Cori Duke for KJRH. 3121
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