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SAN DIEGO (KGTV): Wall Street set a record last week for the longest "Bull" run in US Stock Market history, topping 3,400 days of growth. Now, financial experts are saying it won't last forever and advising clients to prepare for a downturn."You have to expect at some point, we're due," says Dennis Brewster of SagePoint Financial. "I think everybody's almost forgotten, look at earlier in the year, how sharp the markets broke back in February. So it wouldn't be unusual to see any of those declines coming up later this year or early next year."Brewster says he doesn't expect anything as drastic as 2008, but he still says investors should take a few steps to safeguard their earnings and even make the downturn work in your favor.A lot of it, he says, depends on how close you are to retirement."When you look at the year to year returns, they're all over the board. When you look at the 20-30 year returns they're very close," says Brewster. "If you're younger and have 20-30 year horizons, the day to day gyrations are almost noise to you. But if you're getting closer to retirement or in retirement, then you have to be more careful."'Brewster looked up numbers from the S&P 500 for the last 20 years. He says someone who invested ,000 in 1998 would have lost about ,300 after the crash in 2008. But if they kept their money in until 2018, that same ,000 investment would now be worth more than ,000.He says older investors should be more conservative with their portfolios. Younger investors should increase how much they invest if the market falls, to take advantage of lower prices.As for when the correction could come, Brewster says it's too tough to predict. But he says to watch out for "triggering" events that could rattle the market, some of which may already be happening. Things like trade wars or the Federal Reserve spiking interest rates could be the kind of thing to end the Bull Run."It always goes higher than you think and lower than you think," he says. "You can't ignore it, and you try not to get swallowed by it." 2072
SAN FRANCISCO (AP) — A bill requiring California prosecutors to erase or reduce tens of thousands of marijuana criminal convictions was approved by the state Legislature on Wednesday and now awaits Gov. Jerry Brown's signature.When voters passed Proposition 64 in 2016 to allow adult use of marijuana, they also eliminated several pot-related crimes. The proposition also applied retroactively to pot convictions, but provided no mechanism or guidance on how those eligible could erase their convictions or have felonies reduced to misdemeanors.The Senate passed a bill Wednesday that would make that happen.RELATED: What to know about 2018's new marijuana laws in CaliforniaThe bill orders the state Department of Justice to identify eligible cases between 1975 and 2016 and send the results to the appropriate prosecutor.The state DOJ estimates that almost 220,000 cases are eligible for erasure or reduction. The DOJ has until July 1, 2019, to compile the list of eligible cases and forward it to the appropriate district attorney's office.Prosecutors then have until Jul 1, 2020, to decide which cases on the DOJ list they want to challenge.RELATED: Timeline: How marijuana laws have changed in CaliforniaSince passage of Proposition 64, most California district attorneys have said they didn't have the resources to review their records to identify eligible cases.San Francisco County District Attorney George Gascon is one of a few prosecutors who did that review and found 3,000 misdemeanor convictions eligible for erasure dating to 1975 is still review nearly 5,000 more felony cases for possible resentencing.The bill was introduced by Democratic Assemblyman Rob Bonta, who represents parts of Oakland, California, and passed the lower house earlier this year.RELATED: San Diego's 4/20: the rules pot smokers need to knowIt passed the Senate 22-8 with bipartisan support on Wednesday.Democratic state Sen. Scott Wiener of San Francisco, who supported passage, said many with marijuana convictions don't even know they are eligible.Wiener said the bill "creates a simpler pathway for Californians to turn the page."Republican State Sen. Joel Anderson, who represents a rural district east of San Diego, said the bill will enable some eligible people regain their gun rights by reducing felonies to misdemeanors. "This bill will take those people off the prohibited list, save us time and money," Anderson said. 2427

SAN DIEGO, Calif. (KGTV) - A new website from the City of San Diego's Planning Department is asking residents to help re-imagine the Clairemont neighborhood.Clairemontplan.org is like an online public meeting, where people can look at different ideas for adding housing and retail to the neighborhood and weigh in on which ones they like the most."We understand not everyone can make an in-person meeting at the time we schedule it for or attend a city council hearing in the middle of the day," says City Planning Director Mike Hansen.As MTS builds a new trolley line through Clairemont along the I-5, the area is coming up with a new community plan. The city wants to add housing and retail to the area to help meet new goals for housing, transportation and climate change.To do that, they're looking to add density to the neighborhood.The website identifies eight areas of Clairemont that could be redeveloped. It asks users to make changes to at least three areas while adding 5,000 new homes. At least 40% of the houses need to be near the trolley.To help, it offers basic renderings of what different development could look like in each neighborhood."We wanted to try to find something that allowed people to get into the weeds if they wanted to," says Tait Galloway, the Program Manager who helped design the website. "But, this still allows them to do it within 15-20 minutes."The website will be available until March 14th. After that, the answers will be collected and used as the city devises the new Clairemont Community Plan. They hope to present it by the end of 2020.City leaders hope this will become a template for other neighborhoods and a way to get more people involved in the process. "We understand not everyone can make an in-person meeting at the time we schedule it for or attend a city council hearing in the middle of the day," says City Planning Director Mike Hansen.As MTS builds a new trolley line through Clairemont along the I-5, the area is coming up with a new community plan. The city wants to add housing and retail to the area to help meet new goals for housing, transportation and climate change.To do that, they're looking to add density to the neighborhood.The website identifies eight areas of Clairemont that could be redeveloped. It asks users to make changes to at least three areas, while adding 5,000 new homes. At least 40% of the homes need to be near the trolley.To help, it offers basic renderings of what different development could look like in each neighborhood."We wanted to try to find something that allowed people to get into the weeds if they wanted to," says Tait Galloway, the Program Manager who helped design the website. "But, this still allows them to do it within 15-20 minutes."The website will be available until March 14th. After that, the answers will be collected and used as the city devises the new Clairemont Community Plan. They hope to present it by the end of 2020.City leaders hope this will become a template for other neighborhoods and a way to get more people involved in the process. 3073
San Diego (KGTV)- Hygiene continues to be a struggle for those living on the streets, especially during the pandemic. Non-profit Duwara Consciousness is helping the homeless gain access to a hot shower.The non-profit uses its food trailer to feed the homeless. On average, they provide about 1,500 meals per week."Our distribution network currently runs as far as San Ysidro and as far north as Carlsbad," says Harisimran Khalsa.But as we continue to experience the COVID-19 pandemic, Khalsa says access to a hot shower was limited for those in need. This prompted her and partner, Davinder Singh, to move forward with their idea of a shower trailer."Hygiene access is just not as frequent. So you do end up coming down with more bugs, more viruses," says Khalsa. "We think that this is really a time when we have to focus on hygiene for our homeless population."The shower trailer contains seven individual stalls, including one that is ADA compliant."It's really critical for our guests that they have a secure environment in which to shower."Khalsa says about 20 people can use the shower per hour. The stalls are cleaned after each use following CDC guidelines.The trailer comes equipped with sinks for people to wash their hands, shave or brush their teeth. It also has laundry services. The non-profit partners with other organizations to provide space and water.Duwara Consciousness plans to launch the shower trailer on Friday officially, but so far, they say users have been grateful for a simple hot shower. 1525
SAN DIEGO (KGTV) --Jurors found ex-NFL tight end Kellen Winslow II guilty Monday on three counts including rape, lewd conduct, and indecent exposure.Around 4 p.m. Monday, the jury sent another note indicating that they remained deadlocked on the remaining eight counts. Later in the day speaking in front of the judge, one of the alternate jurors said he had doubts about juror number 12 and their memory. Deliberations are set to continue Tuesday. Winslow was charged with raping three 494
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