Nest Egg Briefs: How big a risk are your investments facing?

You might be familiar with the World Economic Forum’s annual meeting in Davos, Switzerland, where leaders from around the world meet to discuss the most pressing issues facing our collective societies. The WEF produces a Global Risks Report summarizing the results, based not only on the discussions at the meeting, but also on feedback from hundreds of economists and other specialists in numerous countries.

One of the biggest risks highlighted in the 2019 report was not the possibility of a global recession, trade wars or political extremism. Rather, it was the risk of nuclear war using weapons of mass destruction. The logic behind this applies to your investment strategy as well.

NowRx campaign aims to expand prescription delivery service

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Courtesy of NowRx
Representatives of NowRx set up an info booth at the San Jose Jazz Festival earlier this month to spread the word about their services.

NowRx has launched the “Be Healthy Now” campaign in which it deploys pharmacists to local events. The Mountain View-based company – which delivers prescriptions to customers – sets up booths to offer various free screenings, consultations and trial packages.

The campaign has already made stops at the San Jose Jazz Festival and the Sunnyvale Music Series. NowRx pharmacists distributed free health packs featuring vitamins and over-the-counter medications, gave prescription consultations and screened people for high and low blood pressure.

Transactions

Los Altos

245 Alicia Way, Robinson Family Trust to P. & S. Vig for $3,550,000

215 N. Avalon Drive, A. & G. Bartlett to J. & R. Bryson for $5,310,000

Sandwich shop opens, showing Mountain View some 'Love'


Megan V. Winslow/Town Crier
Ike’s Love & Sandwiches founder Ike Shehadeh welcomes customers at the grand opening of his new location in Mountain View last week.
 

The line was 15 people deep when Ike’s Love & Sandwiches opened at 10 a.m. By lunchtime, it nearly stretched out the door of the Mountain View restaurant.

Whether attracted by the chance to claim one of 50 free sandwiches or by the opportunity to meet founder Ike Shehadeh himself, hundreds of Bay Area residents attended last week’s grand-opening celebration for the newest tenant of the Rengstorff Center.

Accounting firm moves from Los Altos office after 25 years


Megan V. Winslow/Town Crier
The accounting firm Knight & Co. recently moved to 419 S. San Antonio Road after 25 years at 425 First St.
 

Knight & Co. Certified Public Accounts has made a move, but it didn’t go far. The firm remains in downtown Los Altos, recently relocating just a few blocks away from the building it occupied for 25 years.

Firm partner and longtime Los Altos resident Kamrin Knight Desmond said she and her colleagues “absolutely loved” their former space at 425 First St., and their lease with developer Jeff Warmoth – who purchased the property a year ago – wasn’t set to expire until December 2020. But the building’s continued history of water leaks – a problem Warmoth said he was always vigilant about addressing – and the city’s 2018 decision to approve the building’s overhaul into a three-story, 20-unit multifamily housing complex prompted Knight & Co. to expedite the move.

Calculating capital gains, property taxes on homes


 

I receive a lot of questions about capital gains and property taxes – rightfully so, as they are complicated. Let me start off with a disclaimer: I am neither an accountant nor an attorney.


Open for Business

Town Crier staff are cataloguing the local businesses staying open to serve you

Have a biz to add? Email Megan at meganw@latc.com.
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