Recent Stories | SierraSun.com

Recent Stories in Business

News Briefs: South Lake Tahoe man accused of killing roommate with piece of firewood

January 18, 2019 — South Lake Tahoe man accused of killing roommate with piece of firewood A South Lake Tahoe man is in custody for allegedly killing his female roommate with a piece of firewood. South Lake Tahoe officers initially responded to a report of an assault with a

Learn more »

Ritz-Carlton, Lake Tahoe sells for $120 million

January 16, 2019 — Global real estate investment company Kennedy Wilson announced Wednesday the sale of the Ritz-Carlton, Lake Tahoe for $120 million to Braemar Hotels & Resorts. Braemar Hotels & Resorts announced in November it had agreed to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee. At that

Learn more »

Market Beat: Looking ahead to 2019

January 14, 2019 — This should be an interesting year for the markets. 2018 closed out with high volatility and negative returns for most of the major indices. Market volatility tends to run in cycles, spending about 85 percent of the time falling with the market rising. The other

Learn more »

Ken Roberts’ Market Beat: Historical bear markets

December 30, 2018 — The major averages just finished their worst day of trading on Christmas Eve ever. On Dec. 24, The Dow Jones industrial Average closed down 653.17 points which is a fall of 2.91 percent, the S&P 500 was down 65.52 points or 2.71 percent. A bear

Learn more »

Ken Roberts: Protecting retirement plan assets

December 17, 2018 — For most Americans, their retirement account represents a significant portion of their net worth. Qualified retirement accounts like 401(k)s and 403(b)s have some protection from creditors under federal ERISA law. IRAs also have creditor protection, but the amount varies from state to state. If you

Learn more »

Market Beat: Year-end tax planning

December 10, 2018 — As the year end approaches it is a good time to review your portfolio for tax considerations. There have been some changes in the last year due to new legislation. If you have realized long-term capital gains in your account, you might want to review

Learn more »

North Lake Tahoe Resort Association/Chamber hosts Local Business Holiday Market

November 27, 2018 — The North Lake Tahoe Resort Association/Chamber of Commerce will host a Local Business Holiday Market to highlight the incredible range of artisans and businesses on Friday, Nov. 30 and Saturday, Dec. 1 at North Tahoe Event Center. This one-stop shopping event amplifies the "shop local"

Learn more »

Connecting the community: Encouraging entrepreneurs to scale their business

November 26, 2018 — Like Tech Meetups that pop up all over, co-working spaces and makerspaces that will help the ecosystem become more connected are multiplying and expanding in Nevada County. Jamie Orr, co-founder of Tahoe Mountain Lab co-working space in South Lake Tahoe, discussed the importance of such

Learn more »

Market Beat: The market capitalization of index funds

November 19, 2018 — Broad-based low-cost index funds are a staple part of most investors' portfolios. They give investors exposure to an entire stock index with low expenses ratios. Younger people that are starting their first retirement accounts at work should consider dollar cost averaging into a low-cost stock

Learn more »

Work to be done: Nevada County economic model is unsustainable

November 19, 2018 — Western Nevada County has some work to do to attract — and keep — a younger demographic. A great number of young people who grow up here move out of Nevada County after graduating because they can't find well-paying jobs locally. Other young people discover

Learn more »

Digital disruption: Tech, entrepreneurial ecosystem paves way for growth

November 14, 2018 — Tech industry trends are aligning to make Nevada County an ideal location for entrepreneurial tech businesses and talent. All we need to do is connect the dots. Embrace Change or BE Left Behind The disruption of traditional industries, a shift to cloud-based software, and an

Learn more »

Market Beat: Stock market election cycles

November 12, 2018 — As I'm writing this, the mid-term elections are one day away, and I thought that it would be interesting to look at how the stock market has performed historically during election cycles. One common election cycle that you may read about is the presidential cycle

Learn more »

Mountain Minds Monday: The future of shopping: virtual, mixed, and augmented reality

November 6, 2018 — Tahoe Silicon Mountain, a local network of entrepreneurs and professionals, will welcome Dave Nickens to present at Mountain Minds Monday: "The Future of Shopping: Virtual, Mixed, and Augmented Reality" Billions of dollars are being invested in virtual reality, augmented reality, and mixed reality, which are

Learn more »

North Tahoe First Tuesday talk features tourism partners officially kicking off winter

November 5, 2018 — The first day of winter might not mark calendars until Dec. 21 but in North Lake Tahoe, the season begins as soon as ski resort chairs start spinning. To celebrate all things winter, the North Lake Tahoe Resort Association/Chamber of Commerce has themed the November

Learn more »

Market Beat: So far, so good in the third quarter

November 5, 2018 — We're about halfway through earnings reporting season and the results have been good so far, however the stock market is going through a volatile phase. The valuation of the market is still relatively high even though it has fallen somewhat in recent weeks. The current

Learn more »

Market Beat: Fixed income strategies for rising interest rates

October 29, 2018 — Most investors, especially older ones, have some allocation to bonds in their portfolios. Bonds are part of an asset allocation strategy to provide income and lower risk. All stock portfolios will be typically be more volatile than stock and bond portfolios. Even though bonds are

Learn more »

Market Beat: The Fear Index

October 18, 2018 — The stock market regularly goes through cycles of volatility. On average it spends about 85 percent of the time trending upwards with relatively low volatility. The other 15 percent of the time the volatility increases rapidly and the market trends lower. The historical volatility of

Learn more »

Market Beat: Better than expected third

October 11, 2018 — Earnings reporting for the third quarter of 2018 will get going next week and most companies will have their reports out by November. Traditionally, Alcoa Aluminum kicks off the earnings season. Alcoa used to be a component of the Dow Jones Industrial Average, but it

Learn more »

Truckee’s iFoster receives national recognition

October 9, 2018 — Each year tens of thousands of youngsters in foster care age out of the program, leaving youths with little recourse or places to turn other than welfare or crime. Since 2010, Truckee nonprofit iFoster has been steadily working to give that segment in foster care

Learn more »

FiftyFifty wins Brewery Group of the Year

October 4, 2018 — FiftyFifty Brewing Co. piled up the awards last month at the Great American Beer Festival in Denver. Competing against nearly 8,500 other entries from more than 2,400 breweries, FiftyFifty achieved the highest accolade a brewery can obtain from the festival, Brewery Group of the Year.

Learn more »