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What if you could own part of a premier NBA franchise for just $200? Well, you can.

Madison Square Garden Sports (ticker: MSGS) is a publicly traded stock on the New York stock exchange that provides investors fractional ownership in the NBA’s New York Knicks and the NHL’s New York Rangers.

Almost everyone is invested in the S&P 500 index, which may present a problem.

Any way you slice it, 2022 was a challenging year for investors.

The S&P 500 lost 18.1%, which ranks as the seventh worst year since 1929. Meanwhile, the Bloomberg US Aggregate Bond Index lost 13.0%, which ranks as the worst year ever for bonds.  

Five years ago, I introduced Forbes readers to a stock strategy called the Dobermans of the Dow. This is my annual strategy update.

It’s been a long December for technology stocks.

The Nasdaq has fallen 8% this month and is down 32% year-to-date. That puts the tech-heavy index on pace for the worst December drop since the dotcom bubble burst twenty years ago.

It’s easy for investors to be gloomy following a rough September in which the S&P 500 Index tumbled 9.2%. That marked the worst September showing since 2002, when the index fell by 11%.

“We’re going to make sure everyone knows Exxon’s profits. Exxon made more money than God last year,” President Biden said Friday at an event near the port of Los Angeles.

The S&P 500 Index is flirting with bear market territory, down almost 20% year to date.