Brian Spinelli, co-chief investment officer at Halbert Hargrove, says in a typical 60% stock/40% fixed-income portfolio, a 5% to 10% weighting in emerging market equities is enough to contribute positively to returns but not weigh on performance in down years. He recommends new investors stick with broadly diversified index funds.

The president said on Friday that Venezuela was releasing a large number of political prisoners as a sign of "seeking peace", following last week's dramatic U.S. military operation that resulted in th...

For years, political detainees and their families avoided discussing the news during the brief weekly visits, strictly monitored by armed guards.