The market's decline this year means there are plenty of compelling investments that are trading at attractive levels, making for appealing entry points for long-term investors. The financial sector is a great place to look, and you can split a $5,000 investment among these companies and own three blue-chip stocks with strong businesses, attractive valuations, and compelling dividend payouts, all operating in different segments of the financial industry. While you may not be an institutional investor or a high-net-worth individual who can invest in one of Blackstone Group's (NYSE: BX) deals or funds, that doesn't mean you can't benefit from putting some money to work in Blackstone's stock.
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Today's leading business headlines include China placing sanctions on House Speaker Nancy Pelosi over her trip to Taiwain, Alex Jones being ordered to pay Sandy Hook parents $4.1 million, and Goldman Sachs disclosing that its credit division is under investigation.