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Frankie Kipp started the Blackfeet Nation Boxing Club in 2003 for a simple reason. He wanted to teach vulnerable people on the reservation, especially women and young girls, to defend themselves.After years of working as a probation officer, he was tired of bearing witness to tragedy after tragedy. Kipp was a successful amateur boxer in his youth and connected the two sides of his life with the club. Next week, Kipp’s life work and his pupils will be recognized on the big screen. The club will be featured in a documentary called “Blackfeet Boxing: Not Invisible”, set to air Tuesday, June 30 at 7:30 p.m. ET on ESPN.“I started seeing girls getting bullied,” Kipp said from his home in Browning, Montana. “And several in their 20s wanted to learn how to take up for themselves because they were getting abused. We start hearing about young ladies getting taken from Indian country. And so I started training my daughter and I told her if something happens, at least you're going to know how to fight for your life.”Over the past 20 years, Kipp has trained more than 500 boxers on the reservation, and he’s seen positive effects in his charges and in the community.“Some of the girls that come into the boxing club have really low self-esteem. And the confidence they get from boxing is just phenomenal,” Kipp said. “But I don’t train bullies. I tell all the boxers to go to authority figures first if someone is threatening them. But let them know that you box for Blackfeet Nation and that you won’t let anyone hit you. You will fight back.”“It was emotional a sense that, I was a probation officer prior and I put a lot of things upstairs in my head, unpleasant things,” Kipp said. “I had to talk several people out of suicide, kids as young as 8 years old wanted to kill themselves. The documentary had brought a lot of memories back up. There were a few that were real unpleasant that made me break down during the interview.”‘Blackfeet Boxing: Not Invisible’, directed by Kristen Lappas and Tom Rinaldi, is a film about fighting — for respect, identity and acknowledgment.The documentary, which has already screened at several film festivals, paints the gym against the backdrop of stories like that of Ashley Loring-Heavyrunner and several other Missing and Murdered Indigenous Women. Kipp hopes the large audience will help spread awareness to the silent epidemic.“I think it would raise awareness, not just on our reservation but most of the Indian nations. This is what's happening, people are coming up missing,” Kipp said. “We have unsolved murders. It’s crazy some of the things that we see. I do think that it's going to bring up some awareness with that.”There are no scorecards or knockouts for many of the boxers on the Blackfeet Reservation. Their prize is survival.Kipp: "If you don't fight for your life, you won't have a life."This story originally reported by Tom Wylie on ktvq.com. 2916
For those would-be investors wanting to jump into the stock market but wondering which stock to buy, legendary investor Warren Buffett has a suggestion: Try buying 500 stocks instead.“In my view, for most people, the best thing to do is own the S&P 500 index fund,” Buffett said at Berkshire Hathaway’s annual meeting in May. But what is the S&P 500, and how do you invest in one of its funds?Here’s an intro to how S&P 500 funds work, and whether one might be a good fit for your portfolio.What is the S&P 500?The S&P 500, or S&P, is a stock market index comprising shares of 500 large, industry-leading U.S. companies. It is widely followed and often considered a proxy for the overall health of the U.S. stock market.Standard & Poor’s, an American investment information service, created the index in 1957. Every quarter, its investment committee meets to review which stocks belong in the index based on each company’s market size, liquidity and group representation. Today, 505 stocks constitute the index, since some of the 500 companies have more than one class of shares.Contrary to popular belief, the stocks forming the index are not the 500 biggest U.S. companies, but they are arguably the 500 most important companies. Over .2 trillion is invested through the index, with these 505 stocks representing about 80% of the total U.S. stock market’s value.The S&P 500 is a cap-weighted index, meaning each stock within the index is weighted according to its market capitalization, or total market value (number of outstanding shares multiplied by current market price). The larger the company, the greater its influence on the index.As of Aug. 31, 2020, these are the top 10 companies by index weight in the S&P 500:Apple.Microsoft.Amazon.Facebook.Alphabet, Google’s parent company (shares in classes A and C).Berkshire Hathaway.Johnson & Johnson.Visa.Procter & Gamble.How do you invest in the S&P 500?An index is a measure of its underlying stocks’ performance, so you cannot directly invest in the index itself. Buying every company’s shares would be an arduous task (think 505 separate transactions), but thankfully there are index funds and exchange-traded funds, or ETFs, that replicate the index, effectively doing that work for you.While all S&P 500 funds track the holdings of this index, an investor must consider whether using an index fund (a passively managed mutual fund) or an ETF makes the most sense for them. The good news when weighing index funds versus ETFs is that there are solid S&P 500 options in each category, and all of these products leverage the diversity of the index itself.Because the S&P 500 is weighted by each company’s market capitalization, the larger companies in the index can sometimes have an outsize impact on the performance of the larger index. In other words, a big dip in price for Apple shares can create a dip in the index as a whole. Because of this, some investors prefer to purchase the S&P 500 in an equal-weighted format, so that each company has the same impact on the index. This is meant to create an index that is more representative of the overall U.S. market.After deciding your preference for an index fund or ETF, cap-weighted or equal-weighted, you can begin narrowing down which S&P 500 fund to purchase. To minimize your costs, look into each fund’s expense ratio — the percentage of your assets you’ll pay in fees each year — to see how they compare.Fees are important here since all of these funds track the same index, which means their returns should be roughly the same. The lower the fee, the more of that return you keep.Should you invest in the S&P 500?There are a number of things to think about before you choose any investment. But an S&P fund can generally be a good choice if you want to add broad exposure to the U.S. stock market to your portfolio.“The S&P 500 is a key part of a diversified investing strategy because it’s a good bet that the U.S. economy will continue to succeed and grow in the long term,” says Tony Molina, senior product manager at Wealthfront. The U.S. has the largest economy and stock market in the world, and is one of the most resilient and active, especially when it comes to innovation. That’s why it’s a no-brainer to include the S&P 500 as part of your portfolio.”Larger companies are generally more stable to invest in because they are well-established and widely followed. Thus, these stocks usually have less risk and lower volatility. The S&P 500 combines large companies across various industries, so investors access a broad, diversified mix of companies when investing in it.Choosing an index fund or ETF can also help investors avoid — or at least minimize — the behavioral pitfalls from stock-picking, which is a losing strategy, says Dejan Ilijevski, president of Sabela Capital Markets.Ilijevski cites the May 2018 study by professor Hendrik Bessembinder at Arizona State University, which examined investments in publicly traded U.S. stocks between 1926 and 2016 and found that just over 4% of the companies accounted for the total wealth created.“Picking those few individual winners is impossible,” Ilijevski says. “Your best bet is to own as much of the market with a fund that tracks the index.”Using index funds and ETFs can help investors generate strong returns while also minimizing their costs, says Kevin Koehler, chartered financial analyst and director of the investment strategy group at Miracle Mile Advisors in Los Angeles.“Investing in the S&P 500 the past 25 years would have given an investor over a 10% annualized return, proving that an investor does not need to be paying high expenses to get good market returns,” Koehler says.Are there drawbacks to investing in the S&P 500?There are caveats to consider. The S&P 500 consists of only large-cap U.S. stocks. Portfolio diversification encompasses buying mid- and small-cap companies along with large-caps; allocating funds to international companies along with domestic ones; and including bonds, cash and potentially other asset classes with stocks.Koehler also notes drawbacks in the S&P 500 related to its market-cap weighting.“As passive investing increases, investors are continually investing in S&P 500 funds, which has contributed to a ‘rich get richer’ problem, where the largest stocks are getting larger due to S&P 500 investing, rather than individual stock investing,” Koehler says. “This can lead to higher volatility, as active managers sell an individual stock on top of index funds selling a portion. The market could continuously be overvalued compared to its underlying value.”But relative to the downsides of many investment types, the flaws of S&P 500 funds seem relatively minor, especially when used as a part of your overall portfolio and held for the longer term. This helps explain why icons like Buffett have so publicly endorsed them.“I happen to believe that Berkshire is about as solid as any single investment can be, in terms of earning reasonable returns over time,” said Buffett at the May meeting, speaking about the investing company he’s turned into an empire. “But, I would not want to bet my life on whether we beat the S&P 500 over the next 10 years.”More From NerdWallet4 Ways Women Can Invest in Other WomenHow the Pros Ride Market Volatility — and Why You Shouldn’tIf Doing Less Means Saving More, Try These 5 Money MovesTiffany Lam-Balfour is a writer at NerdWallet. Email: tlambalfour@nerdwallet.com. 7573

FRESNO, Calif. (KGTV) - The former Camp Pendleton Marine accused of supporting a Christmas Day terror attack at San Francisco's Pier 39 popular tourist destination was sentenced Monday to 15 years in prison.Everitt Aaron Jameson, 26, pleaded guilty to the plot in June. He supported radical ISIS jihadi beliefs, wrote social media posts supporting terrorism, communicated with people he believed supported his views, and offered to provide services to them with a tow truck, according to a report written by FBI Special Agent Christopher McKinney.A confidential source alerted the FBI last fall to a Facebook account Jameson ran, agents said. Jameson “liked” and “loved” posts that were pro-ISIS and pro-terrorist, the source told the FBI. Among the posts was a picture of Santa Claus standing in New York with a box of dynamite.RELATED: Ex-Marine who planned Christmas Day terror attack pleads guiltyJameson met with an FBI undercover employee he believed to be associated with ISIS and described his interest in planning and undertaking a violent attack in San Francisco, the report said.Agent McKinney said James specifically mentioned Pier 39 in San Francisco because he had been there before and knew it was a densely crowded area.According to the undercover agent, Jameson said he wanted to use explosives and “funnel” people into a location where he could inflict casualties. He said he needed ammunition, powder, tubing, nails, timers, and remote detonators. Jameson planned to go to the mountains and build the devices at a remote campground, then store them at his home in Modesto, said officials.A search warrant was executed at Jameson’s Central Valley home on Dec. 20. Investigators found his will and a handwritten letter. Jameson said he did not have or need an escape plan because he was ready to die, according to the report.RELATED: Father of terror suspect details son's recent troublesJameson also voiced support for the October 31, 2017 terror attack in New York City during which a driver used his truck to kill eight people and mentioned the 2015 San Bernardino attack, the report said."Jameson put his fellow Americans at risk by supporting ISIS and planning an attack on behalf of the terrorist organization," said Assistant Attorney General for National Security John C. Demers in a statement Monday. "This is unacceptable, and I am grateful for the hardworking agents and prosecutors who are responsible for this successful result."Agent McKinney said Jameson attended basic recruit training for the U.S. Marine Corps at Camp Pendleton in 2009. He earned a ‘sharpshooter’ rifle qualification and a National Service Medal. Jameson was discharged for fraudulent enlistment due to an undisclosed history of asthma. 2767
FLORIDA — A man in a photo of three police officers that went viral after they posted it during Hurricane Irma relief is being investigated for anti-Semitic comments.Jokes published on the account of Officer Michael Hammill were found, and a complaint filed with the Gainesville, Florida Police Department. According to Gainesville.com, one reads:“What’s the difference between boy scouts and Jews?” Anybody know? Well it is because “Boy scouts come back from their camps.” 496
For the fourth time, Democrats in Wisconsin believe they have a chance to finally defeat Gov. Scott Walker and steer the state back to the left after eight years of Republican rule.First, though, the party will have to use Tuesday's primary to sort through its own crowded field of little-known candidates to find a nominee to oppose Walker.Tuesday's primaries in two key Upper Midwestern states -- Wisconsin and Minnesota -- will kick off Democrats' midterm push to capitalize on President Donald Trump's unpopularity and wrest back the dominant positions they once held in the states.The two states will join Ohio, Michigan and Illinois on the list of Midwestern battlegrounds with governor's offices on the ballot this fall that Democrats believe they can win.Walker, who frustrated Democrats in 2010, rolled back union rights in 2011, survived a 2012 recall election, and won again in 2014, looks vulnerable this year. A recent poll by NBC News/Marist found him trailing his potential challenger Tony Evers. He has warned Republicans repeatedly that the party faces an enthusiasm gap. And the progressive candidate's victory in a state Supreme Court election earlier this year buoyed the left's hopes there.In Wisconsin's wide-open Democratic gubernatorial primary, the leading candidate is Evers, who has been the state superintendent of public instruction since 2009.Polls have shown him with a lead of at least three-to-one. But the highest he's been in any recent public poll is 31% -- reflecting how little voters know about the vast field of potential Walker opponents.The two candidates who have received the most national attention are firefighter union president Mahlon Mitchell and former state Rep. Kelda Roys.Mitchell would become Wisconsin's first black governor. He's endorsed by California Sen. Kamala Harris, a potential 2020 presidential candidate. Another 2020 prospect -- New York Sen. Kirsten Gillibrand -- has endorsed Roys. She's also backed by EMILY's List, though the group, which backs Democratic women running for office, hasn't spent as heavily in Wisconsin as it has some other races this year.Five other candidates are in the race -- including state Sen. Kathleen Vinehout, Madison Mayor Paul Soglin, former state Democratic chairman Matt Flynn, activist Mike McCabe and attorney Josh Pade. 2336
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