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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) -- As coronavirus cases increase across the country, there is a concern about staffing in hospitals across Southern California.Not only are hospitals dealing with patients they typically see during this time of year, COVID-19 patients are adding stress to thinning resources.“If these trends continue, we’re going to have to much more dramatic—arguably drastic—action,” said Governor Gavin Newsom during a news conference on Monday.Currently, 74 percent of ICU beds are occupied in Southern California. State health officials protect it to be at 107 percent capacity by December 24th.“I have a guarded concern about the direction that we’re moving in,” said nurse practitioner Samantha Gambles Farr of the rising cases.Gambles Farr said she is not only worried about staffing numbers, but also the physical and mental health of her colleagues. “The staffing issues have always been something that we've dealt with in the ICU because of the critical acuteness of our patients and the burnout of staff,” she said. ‘In these unprecedented times with COVID in the pandemic, what we're seeing is that nurses are picking up a lot more overtime and shifts.”Early in the pandemic, the state created the California Health Corps. It asked for those with health care experience to help during the COVID-19 outbreak. Thousands, including retired workers and nursing students, volunteered to help. However, only 900 people are currently ready to be deployed, according to a recent story by the Sacramento Bee.In New York. Governor Andrew Cuomo has already asked for help from retired health care workers.“It’s not like we can then call on our colleagues from another state to help us because they’re dealing with the exact same issue,” Gambles Farr said. 1766
SAN DIEGO (KGTV) -- Border Patrol agents arrested a man Thursday they say had more than 100 pounds of narcotics in his car.According to the agency, the arrest happened just before 11 a.m. on October 8 along Interstate 15 near Vista.Border Patrol says agents initiated a vehicle stop “on a suspicious 2015 Chevy Camaro” when a K-9 alerted authorities.After searching the car, agents found 68 bundles of cocaine and crystal meth hidden inside the vehicle’s quarter panels and cowling. The narcotics have an estimated street value of more than 8,000.The driver, who is a US citizen, was turned over to the Drug Enforcement Agency.Since October 1, Border Patrol says it has seized over 491 pounds of cocaine, 7,169 pounds of methamphetamine, 178 pounds of heroin, and 383 pounds of fentanyl. 798
SAN DIEGO (KGTV) -- Callum Wagner rose up among the capacity crowd inside a University City ballroom Monday. He took the stage in front of hundreds, as they gave him a standing ovation."My mom keeps saying it's a big deal," said Callum, 12. "I don't like to talk about it."Callum's mom, Beverly Wagner, says she wouldn't be alive today if not for her son. That's why on Monday, Callum was one of three children honored as 2020 local 9-1-1 for kids heroes. It was July 1, 2019. Beverly had just got out of the jacuzzi in their Alpine home when she said she was feeling ill. Moments later, she was unconscious, suffering cardiac arrest. Callum was the oldest other person home at the time. He called 9-1-1, and Heartland Dispatcher Kim Gonzales picked up. "All I remember hearing him say was, his mom is dead, and at that point, it's go time," Gonzales said. For the next eight minutes waiting for first responders, Gonzalez instructed a desperate Callum how to deliver C.P.R. "She's not breathing," Callum told her on the phone call."It's OK, keep doing 1, 2, 3, 4. 1, 2, 3, 4," Gonzales responded. It was Callum's first time delivering C.P.R. He did it so well that Beverly made a full recovery, with no brain damage. "He did a great job because he broke my ribs, and that kept me alive," Beverly said. "They said that's a good sign of CPR."Beverly says Callum deserves all the accolades. During the 9-1-1 call, Callum told Gonzales that his mom was going to die. That's when Gonzales replied, "Listen you're going to be your mom's hero. We're going to help her, OK?" 1575
SAN DIEGO (KGTV) - Come February, SeaWorld San Diego is hoping to fill the night sky over Mission Bay with the lights of a drone show.The California Coastal Commission began considering their proposal for a test run at a hearing near San Francisco Thursday.For decades, fireworks capped off a day of summer fun at SeaWorld. A few years ago - amid ongoing concerns over impacts on wildlife, water quality and pets - SeaWorld scaled back the shows, in favor of laser light shows. Now comes another high-flying option in the form of the drone light shows like those that have wowed at places like Universal Studios and Disney World. RELATED: SeaWorld San Diego says new dive coaster 'Mako' coming in 2020SeaWorld applied for a 15-night test run from February 4 through 18. Using GPS technology, more than 500 12-ounce drones would fly up to 400 feet in the sky, forming shapes with on-board lights in a five minute show, accompanied by music on the ground."I think it would be amazing to see it," said Alan Trachman, a Los Angeles resident who has visited SeaWorld San Diego about 15 times.Industry observers believe if successful, the drones could eventually replace some or all of the fireworks shows.RELATED: Groundbreaking held for SeaWorld's Sesame Place San Diego theme park in Chula VistaIf the idea is approved, SeaWorld will be required to monitor noise, light and any bird strikes during the test run. 1416