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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) - U.S. Border Patrol agents arrested a man Sunday on suspicion of smuggling more than 143 pounds of methamphetamine on Interstate 15 in Temecula. Agents pulled over the Ford F-150 near the Border Patrol checkpoint at 9:15 p.m. A K-9 unit alerted agents during an exterior search. A secondary inspection led to the discovery of 33 bundles of meth inside the wood paneling, officials said. The drugs had an estimated street value of 0,640. The driver, a 55-year-old U.S. citizen, was arrested at the scene. 539
The 76th Golden Globe Awards will be a battle of blockbusters versus indies.The nominations were announced Thursday and in the best motion picture drama category, "Black Panther," "BlackKKKlansman" "Bohemian Rhapsody," "If Beale Street Could Talk" and "A Star Is Born" will be competing against each other.That last film proved to be a boon for its star Bradley Cooper, who was also nominated in the director and best performance by an actor in a motion picture-drama category.Below is a full list of Golden Globe categories. Check back for updates as the nominees are announced.MoviesBest Motion Picture - Drama"Black Panther""BlackKklansman""Bohemian Rhapsody""If Beale Street Could Talk""A Star Is Born"Best Motion Picture - Musical or Comedy"Crazy Rich Asians""The Favourite""Green Book""Mary Poppins Returns""Vice"Best Performance by an Actress in a Motion Picture - DramaGlenn Close ("The Wife")Lady Gaga ("A Star Is Born")Nicole Kidman ("Destroyer")Melissa McCarthy ("Can You Ever Forgive Me?")Rosamund Pike ("A Private War")Best Performance by an Actor in a Motion Picture - DramaBradley Cooper ("A Star Is Born")Willem Dafoe ("At Eternity's Gate")Lucas Hedges ("Boy Erased")Rami Malek ("Bohemian Rhapsody")John David Washington ("BlackKklansman")Best Actress in a Motion Picture - Musical or ComedyEmily Blunt ("Mary Poppins Returns")Olivia Coleman ("The Favourite")Elsie Fisher ("Eighth Grade")Charlize Theron ("Tully")Constance Wu ("Crazy Rich Asians")Best DirectorBradley Cooper ("A Star Is Born")Alfonso Cuaron ("Roma")Peter Farrelly ("Green Book")Spike Lee ("BlackKklansman")Adam McKay ("Vice")Best Performance by an Actor in a Motion Picture - Musical or ComedyChristian Bale ("Vice")Lin-Manuel Miranda ("Mary Poppins Returns")Vigo Mortensen ("Green Book")Robert Redford ("The Old Man in the Gun")John C. Reilly ("Stan and Ollie")Best Supporting Actress in a Motion PictureAmy Adams ("Vice")Claire Foy ("First Man")Regina King ("If Beale Street Could Talk")Emma Stone ("The Favourite")Rachel Weisz ("The Favourite")Best Supporting Actor in a Motion PictureMahershela Ali ("Green Book")Timothee Chalamet ("Beautiful Boy")Adam Driver ("BlackKklansman")Richard E. Grant ("Can You Ever Forgive Me?")Sam Rockwell ("Vice")Best Original Score in a Motion PictureMarco Beltrami ("A Quiet Place")Alexandre Desplat ("Isle of Dogs")Ludwig G?ransson ("Black Panther")Justin Hurwitz ("First Man")Marc Shaiman ("Mary Poppins Returns")Best Screenplay in a Motion PictureBarry Jenkins ("If Beale Street Could Talk")Adam McKay ("Vice")Alfonso Cuaron ("Roma")Deborah Davis and Tony McNamara ("The Favourite")Peter Farrelly, Nick Vallelonga, Brian Currie ("Green Book")Best Motion Picture - Foreign Language"Capernaum""Girl""Never Look Away""Roma""Shoplifters"Best Animated Film"Incredibles 2""Isle of Dogs""Mirai""Ralph Breaks the Internet""Spider-Man: Into the Spider-Verse"TVBest TV series - Drama"The Americans""The Bodyguard""Homecoming""Killing Eve""Pose"Best performance by Actress in a TV series - DramaCaitriona Balfe ("Outlander")Elisabeth Moss ("The Handmaid's Tale")Sandra Oh ("Killing Eve")Julia Roberts ("Homecoming")Keri Russell ("The Americans")Best performance by an Actor in a TV Series - DramaJason Bateman ("Ozark")Stephan James ("Homecoming")Richard Madden ("Bodyguard")Billy Porter ("Pose")Matthew Rhys ("The Americans")Best TV series - Musical or Comedy"Barry""The Good Place""Kidding""The Kominsky Method""The Marvelous Mrs. Maisel"Best Performance by an Actor in a TV series - Musical or ComedySasha Baron Cohen ("Who Is America?")Jim Carrey ("Kidding")Michael Douglas ("The Kominsky Method")Donald Glover ("Atlanta")Bill Hader ("Barry")Best Performance by an Actress in a TV series - Musical or ComedyKristen Bell ("The Good Place")Candice Bergen ("Murphy Brown")Alison Brie ("GLOW")Rachel Brosnahan ("The Marvelous Mrs. Maisel")Debra Messing ("Will & Grace")Best Limited Series or Motion Picture Made for Television"The Alienist""The Assassination of Gianni Versace: American Crime Story""Dirty John""Escape at Dannemora""Sharp Objects""A Very English Scandal"Best Performance by an Actor in a Limited Series or Motion Picture Made for TelevisionAntonio Banderas ("Genius: Picasso")Daniel Bruhl ("The Alienist")Darren Criss ("The Assassination of Gianni Versace: American Crime Story")Benedict Cumberbatch ("Patrick Melrose")Hugh Grant ("A Very English Scandal")Best Performance by an Actress in a Limited Series or Motion Picture Made for TelevisionAmy Adams ("Sharp Objects")Patricia Arquette ("Escape at Dannemora")Connie Britton ("Dirty John")Laura Dern ("The Tale")Regina King ("Seven Seconds")Best Performance by an Actor in a Supporting Role in a Series, Limited Series or Motion Picture Made for TelevisionAlan Arkin ("The Kominsky Method")Kieran Culkin ("Succession Edgar Ramirez, The Assassination of Gianni Versace: American Crime Story")Ben Whishaw ("A Very English Scandal")Henry Winkler ("Barry")Best Performance by an Actress in a Supporting Role in a Series, Limited Series or Motion Picture Made for TelevisionAlex Borstein ("The Marvelous Mrs. Maisel')Patricia Clarkson ("Sharp Objects")Penélope Cruz ("The Assassination of Gianni Versace: American Crime Story")Thandie Newton ("Westworld")Yvonne Strahovski ("The Handmaid's Tale") 5284
The Associated Press is reporting that six officers involved in the arrest of Freddy Gray — a young black man who died in the custody of Baltimore Police in 2015 — will not face federal charges.The U.S. Department of Justice announced Tuesday that the officers would not face charges from the federal government. Six officers were charged at the state level, three of which were acquitted. Three others had their cases dropped.Gray died on April 19, 2015, a week after he suffered a spinal injury while in custody after he was arrested for carrying a switchblade a week earlier. 597
STUART, Florida — A 29-year-old teacher at Stuart Middle School was arrested Thursday night and charged with sexual battery after incidents with a 13-year-old girl at the school.According to a Martin County Sheriff's Office report, the investigation began when a school resource was alerted on March 27 regarding suspicious behavior involving a seventh-grade math teacher.The teacher, later identified as Jeffrey Tomasulo, was accused of tickling several female students, causing them to feel uncomfortable.Detectives interviewed the girls, who said they were tickled on their stomachs, thighs and armpits. Surveillance video taken outside of Tomasulo's classroom during first period on March 20 showed a 13-year-old seventh-grade girl knocking on his door. At that time, Tomasulo has a planning period and not teaching a class.Video showed the girl entering his classroom 9:15 a.m. At 9:17 a.m., video shows Tomasulo opening the door and checking the outside handle of the door. The girl then leaves the room with Tomasulo at 9:27 a.m. On March 28, the girl's mother was interviewed by a detective. The woman said that her daughter admitted to performing oral sex on Tomasulo in his classroom.The girl told the detective and a state attorney victim advocate that the teacher asked her "creepy" questions about her virginity.She said Tomasulo asked her to stay longer after class and occasionally come to his classroom either during first or last period. The teen said she felt pressured by him and that's why she performed oral sex on him approximately five times from January 4 to March 20.At first, Tomasulo denied any sexual involvement with the girl but did say he was alone with her on several occasions to tutor her.He admitted to watching pornography in his classroom but said he was alone. Eventually, Tomasulo told detectives that the girl performed oral sex on him while alone his classroom. Tomasulo was charged with sexual battery/custodial authority. He made his first appearance in court Friday morning where his bond was set at 0,000. He remains in jail Friday. 2221