Investors have rediscovered market volatility. After a relatively placid three months, when stocks did not move more than one percent in either direction, the October sell off has reminded everyone why investing remains a dangerous activity.
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Unless you have been hiding under rock, you know that the entire country has a case of lottery fever, as the combined Powerball and Mega Millions jackpots have soared into the BILLIONS. With no Powerball winner over the weekend, that jackpot has climbed to $620 million for Wednesday's drawing and Tuesday night’s Mega Millions drawing has set a world record with a $1.6 billion prize, which amounts to a one-time cash option of nearly $905 million.
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