08172017Thu
Last updateTue, 01 Aug 2017 5pm

A Runner's Mind continues specialized running tradition downtown


Megan V. Winslow/Town Crier
Monte Keleher purchased On Your Mark in June and reopened it as A Runner’s Mind.

The new running store on Main Street in Los Altos inherits the personalized, service-oriented spirit of its predecessor, On Your Mark.

But when A Runner’s Mind opened downtown at the beginning of the summer, it expanded the selection of “athleisure” clothing aimed at all sporty types, not just runners, and started new traditions for local running culture

Oz Boutique marks decades in downtown Los Altos


Megan V. Winslow/Town Crier
Azar Abdollahi, right, is celebrating 30 years of running Oz Boutique. She operates the shop with Margaret Swiercz, left.

When Oz Boutique owner Azar Abdollahi moved to the area from Iran in 1979, she didn’t know a soul in Los Altos and had never even heard of the city.

In July, she celebrated her boutique’s 30th anniversary in downtown Los Altos and said it’s the “best place (I) could’ve landed.”

How to select the right financial adviser

There is a notion that financial advisory services are only for the super-rich or the financially illiterate. That could not be further from the truth.

Even the most successful athletes have coaches. Why? A good coach will help them stay the course during tough times and guide them through logical and reasoned decisions. An ethical and competent financial adviser can bring similar value.

Transactions

Los Altos

103 Arbuelo Way, R. Ebert to S. Thirumalai for $3,600,000

2016 Crist Drive, R. & M. Heatley to B. Partridge for $2,825,000

Kids' space closes as LACI prepares for State St. overhaul


Eliza Ridgeway/Town Crier
Play! provided a sprawling kid-oriented indoor space for celebrations such as Mountain View resident Logan Grosskurth’s third birthday.

Local parents mourned the loss of an unusual local resource when Play! Los Altos, one of the area’s premier children’s play spaces, had closed. News of the closure spread via the parenting blog Silicon Valley Toddler and elsewhere within hours of the announcement last week. Families from Los Altos, Mountain View and around the region weighed in to regret the loss of a “creative” space at the same time they lamented its reputation for pricey entrance fees.

Play! Los Altos representatives announced July 17 that they were closing their 170 State St. location, effective immediately.

ETNs are not the same as ETFs


Green

Exchange-traded funds (ETFs) have become wildly popular over the past decade or so, with current growth eclipsing that of more traditional mutual funds. Therefore, it is important not to confuse them with similarly named exchange-traded notes (ETNs). They are more different than similar, so it is important to understand both of them before making an investment decision in either.

Here’s a quick primer on ETFs: Like traditional mutual funds, an ETF represents a basket of assets such as stocks or bonds. Unlike a mutual fund, investors cannot buy ETF shares directly from an investment company. Instead, they buy them from other investors, just as with stocks. That has two implications:


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