Business & Real Estate


Los Altos

544 Cherry Avenue, Cherry Avenue Limited to S. & M. Cutler for $6,549,000

1911 Colleen Drive, Spiritu Sanctu to Boyd Trust for $2,070,000


New Los Altos clinic focuses on supporting adults with ADHD

Becky Remmel/Special to the Town Crier
Phil Boissiere, from left, Dr. Lawrence Choy and Dr. Zaakir Yoonas co-founded Elite Focus Clinic.

While Silicon Valley has earned a reputation as a home for innovators and entrepreneurs, the co-founders of Elite Focus Clinic in Los Altos believe that some of the area’s brightest minds suffer from attention deficit hyperactivity disorder – and they’re here to help.

“You look at the people who come here – visionaries, creative types, people who really have big ideas – and there’s a correlation between creative aspects and aspects of ADHD,” said Zaakir Yoonas, M.D.


Look for another wild week

The Dow Jones industrial average finished up 0.2 percent last week following Friday’s 211.79-point rally.

Last week started ugly for investors, with a computer glitch shutting down the New York Stock Exchange for several hours, United Airlines grounding its planes, Greece failing to agree to anything, China losing market stature and a 10 percent quick correction hitting the U.S. market.


Should you dollar-hedge your foreign bonds?

Courtesy of Dimensional Fund Advisors
This chart from Dimensional Fund Advisors shows the Citigroup World Government Bond (excluding the U.S.) 1-3 Year Index from 1995 through 2013, both hedged and unhedged.

A well-diversified investment portfolio should include some investment in bonds issued by foreign governments or companies. The simplest way to buy them is through a mutual fund or exchange-traded fund (ETF) available here in the U.S., of which there are many.


California buyers returning to housing market

California’s healthy economy and employment picture are drawing buyers back to the housing market, according to a California Association of Realtors survey.

The association’s 2015 Survey of California Home Buyers revealed that buyers include young adults who moved back with their parents during the economic downturn and those who suffered a foreclosure or short sale on their homes.


Businesses come, go, change hands on Main

Megan V. Winslow/Town Crier
Jacqueline Gladney of Los Altos recently assumed ownership of Gourmet Works on Main Street.

Blue Horse Saddlery emptied the contents of its shop at 169 Main St. last week, transitioning to an online-only retail presence.

Owner Sara Kenny noted on her website that she was seeking eventually to move the business to a smaller brick-and-mortar location. The equestrian supply store operated for six years in the space formerly occupied by Full Thread Ahead knitting shop.


The plot thickens in Greece

Stock market averages in the U.S. have teetered back-and-forth on the recent headlines out of Greece. Sunday’s referendum is sure to generate more turmoil, as Greek voters defied Europe and rejected a bailout offer from creditors.

For the first time since 2010, the Dow Jones industrial average declined in the first half of the year, and the Standard & Poor’s 500 index experienced its worst first-half showing in five years. Last week, the Dow fell 1.21 percent to 17,730.11.


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