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PENNIES UNWISE: Investing in penny stocks may seem like a cheap path to profits, but investment advisers say most bets on the stocks are as good as lost. Although some penny stock gems exist, they say most are duds, in some cases offered by fraud companies.
Investment Counsel Co. founder and Chief Executive Officer Randy Garcia treats investing like an Olympic event. “When I walk into the office in the morning, it’s like walking into the coliseum,” Garcia said. He is intent on making wise investment choices and avoiding mistakes.
Could hibernating squirrels help reawaken the Las Vegas economy? Diversification has become the favorite buzzword for weaning the valley from the reliance on tourism and construction that has proven so painful during the past three years.
The new census numbers say Las Vegas is practically a ghost town. When the housing bubble blew and the economy sank, thousands of Southern Nevadans pulled up stakes and abandoned their homes, leaving one in seven houses a vacant shell.