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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) - Cara Knott's family has written a letter to Gov. Gavin Newsom asking that Craig Peyer remain behind bars.In December 1986, Peyer -- then a California Highway Patrol officer -- pulled over Knott on Interstate 15 in the Rancho Penasquitos area. Peyer beat Knott, strangled her, and threw her body over a bridge.Peyer was eventually convicted of killing the 20-year-old San Diego State student in 1988.Peyer's next parole hearing isn't until 2027, but in their letter to the governor, Knott's family says they've learned inmates are being released from Peyer's prison because of COVID-19.“This is precisely NOT a person who deserves to be released early from prison for humanitarian reasons. Officer Peyer showed NO Mercy when he murdered my sister," Knott's sister wrote in her letter to the governor.ABC 10News reached out to California Department of Corrections and Rehabilitation for clarification. CDCR says, at this time, there are no plans to expedite the release of Craig Peyer."He committed a betrayal of trust that's unmatched in San Diego history at my judgment," said Paul Pfingst, who prosecuted the case. "If we don't have room for him in prison, because of a risk that he might catch a disease that all of us have a risk to catch, I think that would be a grievous mistake." 1312

SAN DIEGO (KGTV) — Before 2019 kicks off, a holiday tradition will take over San Diego's streets.More than 100,000 spectators are expected to line the streets of downtown San Diego on Dec. 31 at 10 a.m. as America's largest balloon parade takes over America's Finest City.World-class marching bands, floats, drill teams, and, of course, enormous balloons will glide down North Harbor Drive along the Embarcadero to kick off Holiday Bowl Day festivities.RELATED: Holiday traditions to experience in San DiegoPlan to head out to the parade? Here's what you'll need to know:PARADE INFOThe parade will kick off at 9:50 a.m. near the County Administration Building on Harbor Dr. and head south. Telecast on Fox Sports starts at 10 a.m. and ends at 11:30 a.m.The parade will come to an end at the corner of Harbor Dr. and Pacific Highway, near Seaport Village.Spectating is free, but Grandstand tickets can be purchased for .STREET CLOSURESMultiple streets will be closed along the parade route for the parade starting at 7:45 a.m., including: 1058

SAN DIEGO (KGTV) – Authorities are investigating a car fire in Spring Valley that may possibly be linked to a fire that scorched part of a La Mesa hair salon less than half an hour before.At around 3:10 a.m. Monday, firefighters and sheriff’s Bomb/Arson investigators were called to the Slay Lounge on 8739 Broadway in La Mesa in response to a fire in a Dumpster.The fire caused some minor damage to the salon and some other businesses at the strip mall.Investigators discovered an object at the scene that may have sparked the blaze.Less than 30 minutes later, crews were called to an import auto car lot in the 9100 block of Campo Road in Spring Valley in response to a car on fire. One car was completely destroyed, and the flames damaged other nearby vehicles. Investigators are trying to determine if the car fire is somehow related to the Dumpster fire in La Mesa. No injuries were reported in either blaze. 921

SAN DIEGO (KGTV) - As the temperature rises and more businesses, like movie theaters, are reopening San Diegans and people from neighboring counties are flocking to get a dose of normalcy."We sold out today which is great news for everyone, we sold out today very quickly." General Manager of Theater Box Donnie Eversole said.He said it was wonderful 'being home' back in the theater, "we haven't been in the theater for 90 to 120 days so it's like a new adventure."He said it helps that the week they opened, two blockbusters, Christopher Nolan's Tenet and Bill and Ted Face the Music, are screening.While they're capped at 25% Eversole said you can make sure you claim your seat by reserving online. They are working to add more showtimes while abiding by the new guidelines.Last time San Diego had sweeping reopenings, there was a huge spike in coronavirus cases. Eversole said they are doing everything they cna to prevent another spike, "every cdc guideline is followed to the letter, we do not bend, we do not break. We follow the rules because not only is our business affected, everyone else is and we want to make sure everyone is getting a fair shake and able to recoup some of the summer that's been lost."San Diego is the only lower tier county in Southern California with the ability to have so many re-openings, drawing attention from our neighbors.Supervisor Nathan Fletcher spoke at Wednesday's press conference, urging everyone to do their part to prevent another spike, "One of the most dangerous settings is indoor gatherings, it is house parties, it is people gathering together in an indoor setting and there really is no way for us to enforce that or prevent that other than the public's help and cooperation."He said if there are gatherings and another spike in cases, businesses, like Theater Box, could shut down once again. 1857

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