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After eight months of steady gains, stock market volatility has again rocked investors this week, with a global sell-off triggered by the prospect of slower global economic growth and rising bond yields. The S&P 500 fell nearly 7% in six days, bringing the index down to levels last seen in July.When stock markets tremble, the advice from financial advisors is simple: Stick to your investment plan.That’s easier said than done. If your financial house is on fire, you want to fight the flames or flee as surely as if your actual home were ablaze, behavioral finance experts say. To stand back, watch and periodically throw more money on the bonfire is tough even for the most seasoned investor, let alone your average 401(k) holder.“You’d think that a high-net-worth individual is more sophisticated, that they are not going to panic like an investor with ,000 at stake? Not true,” says David Thomas Jr., founder and chief executive officer of Equitas Capital Advisors in New Orleans.Still, Thomas says, “You can be smarter than your emotions, but that’s an acquired skill.”Here are some ways to sidestep the natural emotional triggers that can be costly during the next market correction or crash. 1220
ALPINE, Calif. (KGTV) — Sheriff's deputies are investigating reports of a suspicious vehicle near an East County school.Students walking to and from Joan McQueen Middle School Wednesday said they saw a vehicle slow down next to them as they were heading to school. This was near Victoria Drive and Sneath Way, according to the Alpine Union School District. The students became concerned and reported the incident, according to San Diego Sheriff's investigators.The driver or passenger didn't talk to or touch the students. The school district added that there were two instances in which the reported vehicle slowed near students as they walked.The school district sent a message out to parents saying, "we have asked all campuses to be vigilant about safety. I hope you will partner with us in our efforts to keep our children safe by appropriately talking about this incident at home and discussing how to practice proactive safety skills." 950
Amazon's search for the perfect home for its next headquarters could be leaning towards larger cities.Executives have visited some of the bigger names on the list of 20 finalists in recent months, according to a report in the Wall Street Journal. They dropped in on New York City, Miami, Chicago and Newark, while possibly ghosting smaller or more suburban ares like Raleigh, North Carolina, and Montgomery County, Maryland.Amazon may have decided that a city is necessary for luring the best employees."The key for Amazon is that they want to build a second HQ that is an attractive place to live and work for young professionals. This is why quality of life in the city will matter," said Nathan Jensen, a professor of government at the University of Texas at Austin.Other than both being finalists for HQ2, places like Miami and Montgomery County don't have much in common. Miami is a cosmopolitan city that draws business and tourists from around the world. Montgomery County, located outside of Washington D.C. is less well known and lacks some of the splashier attractions of a warm city perched on the beach.Not getting Amazon could be a mixed blessing for the less urban locations. Absorbing up to 50,000 new workers would be a major undertaking, notes Jensen. And many of those would be high-wage positions, which could recreate some of the issues with soaring housing costs, income inequality and gentrification seen in Amazon's home base, Seattle, as well as other regions with major tech companies.The issues wouldn't be insurmountable."Unlike an unplanned expansion of the workforce, cities do have the ability to plan for this. This has been one of my disappointments in not seeing most cities HQ2 proposals. This is exactly the time when we, as a community, can thinking solutions to these challenges," said Jensen.Amazon has searched for a home for its second headquarters — nicknamed HQ2 — for more than a year. The company has whipped up suspense around the decision. It has cities competing with glossy proposals and tax cuts and Amazon watchers are eagerly looking for clues, and odds-makers are aking bets.The new facility would create 50,000 jobs and cost billion to build. After the company received 238 proposals, it selected 20 finalists cities and metropolitan areas in January. Amazon has said it will announce the winning city by end of the year. 2405
AGOURA, Calif. (KGTV) - The movie set ranch featured in the HBO television series “Westworld” and almost 500 other productions was destroyed in the Woolsey Fire, Santa Monica Mountains park rangers tweeted Friday.The piece of Hollywood history, known as “Western Town” at Paramount Ranch, was located in Agoura. With its rolling hills and canyons, it was used to create an Old West look for film and television shoots.Paramount Studios bought the 2,700 acre ranch in the golden era of Hollywood. According to the National Park Service, the permanent Western Town was built in the 1950s and posed as Tombstone, Arizona, and Dodge City, Kansas.In addition to “Westworld”, the set also served as the home of “Dr. Quinn, Medicine Woman” and episodes of Gunsmoke. See a complete list of productions here.WILDFIRES: 10News Complete CoverageThe public was welcome to visit the set’s hiking trails and picnic areas until its destruction. 943
A student at Monroe Middle School in Michigan is facing possible charges after bringing an inactive grenade to school and threatening to "blow up the school."Police were called to the school after the student showed the device to other students and made the threatening statements. Later interviews determined that he has shown it to others multiple times during the day.A school resources officer searched the student's locker and located the grenade. He noticed that it had been modified to make it incapable of detonating.Further inspection confirmed the device was not capable of exploding and did not pose a threat to anyone.The student was removed from class and taken into custody. He has been placed in the Monroe County Youth center for possession of a device that is represented as an explosive or bomb.Anyone with information in this case is asked to call the Monroe Police Department. 919