Sun Current http://current.mnsun.com Local News for Bloomington, Eden Prairie, Edina and Richfield Minnesota Fri, 27 Mar 2015 04:50:10 +0000 en-US hourly 1 Bloomington cable television schedule, March 27 to April 2 http://current.mnsun.com/2015/03/bloomington-cable-television-schedule-march-27-to-april-2/ http://current.mnsun.com/2015/03/bloomington-cable-television-schedule-march-27-to-april-2/#comments Fri, 27 Mar 2015 04:50:10 +0000 http://current.mnsun.com/?p=145023 Cable Channel 14 TV Listing

Friday, March 27

6 p.m. BPD Roll Call: March 13 to April 9

6:30 p.m. Olson Grade 4: Music Around The World

7 p.m. Kennedy Mid-Winter Choir Concert

8 p.m. Jefferson Band Pops Concert

10 p.m. Bloomington Today: March 25-31

10:30 p.m. Continental Ballet Company: Annual Student Recital 2014

11:30 p.m. Cinema Judge: “Cinderella”

Saturday, March 28

6 p.m. BPD Roll Call: March 13 to April 9

6:30 p.m. Bloomington Today: March 25-31

7 p.m. Bloomington Rotary: A Journey in Music

8 p.m. Cinema Judge: “Cinderella”

8:30 p.m. 2015 Bloomington Speech Showcase

10:30 p.m. Boys Basketball: Benilde St. Margaret’s at Jefferson

Sunday, March 29

6 p.m. Angelica Cantanti – Rita Docter Scholarship Fundraiser Concert

8 p.m. Cinema Judge: “Run All Night”

8:30 p.m. Celebrate Black History Month: The Underground Railroad Quilts

10 p.m. BPD Roll Call: March 13 to April 9

10:30 p.m. Bloomington Today: March 25-31

11 p.m. Commission Updates: March

11:30 p.m. Olson Middle Morning Show: March 25

Monday, March 30

6 p.m. BPD Roll Call: March 13 to April 9

6:30 p.m. Bloomington Today: March 25-31

7 p.m. Bloomington HRC: Black Baseball in Minnesota and the Twins in Bloomington

8:30 p.m. Bloomington Home Improvement Fair: LED Lighting the Hows, Whats and Where to Buy

9:30 p.m. Bloomington Rotary: Bradley Beard, Fairview Southdale Hospital

10:30 p.m. Cinema Judge: “Do You Believe?”

11 p.m. Bloomington Rotary: The GAMe: Unraveling a Military Sex Scandal

Tuesday, March 31

6 p.m. Medalist Concert Band – Cathedrals

7:30 p.m. Bloomington Today: March 25-31

8 p.m. Valley View Middle Morning Show: March 27

8:30 p.m. Husky News: March 24

9 p.m. Safe Roads and Bridges

9:30 p.m. Bloomington Rotary: STRIVE Luncheon

10 p.m. Thursday Musical: March 6, 2014

11:30 p.m. BPD Roll Call: March 13 to April 9

Wednesday, April 1

6 p.m. Cinema Judge: “Home”

6:30 p.m. Bloomington Today: April 1-7

7 p.m. Bloomington Home Improvement Fair: LED Lighting the Hows, Whats and Where to Buy

8 p.m. Bloomington Rotary: Bradley Beard, Fairview Southdale Hospital

9 p.m. Bloomington HRC: Black Baseball in Minnesota and the Twins in Bloomington

10:30 p.m. Jaguar SPOTS March 25

11 p.m. Kennedy Impact: March 25

11:30 p.m. Commission Updates: March

Thursday, April 2

6 p.m. Bloomington Chorale: A Salute to Our Veterans

8 p.m. Commission Updates: March

8:30 p.m. Cinema Judge: “Home”

9 p.m. Bloomington Today: April 1-7

9:30 p.m. Thursday Musical: March 6, 2014

11 p.m. Safe Roads and Bridges

11:30 p.m. Bloomington Rotary: STRIVE Luncheon

The Bloomington Channel 14 daily schedule starts at 6 p.m. and repeats every six hours for the next 24 hours. Other local channels are BEC-TV 15 (952-681-5900); and BCAT 16 (952-563-4980). For more information check cable Channel 96, TBC14.org or call 952-563-8874.

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Bloomington community calendar, March 27 to April 2 http://current.mnsun.com/2015/03/bloomington-community-calendar-march-27-to-april-2/ http://current.mnsun.com/2015/03/bloomington-community-calendar-march-27-to-april-2/#comments Fri, 27 Mar 2015 04:23:40 +0000 http://current.mnsun.com/?p=145014 Friday, March 27

ROTARY CLUB OF BLOOMINGTON DAYMAKERS

When: 7:29 a.m.

Where: Hilton Minneapolis-Bloomington, 3900 American Blvd. W., Bloomington

Info: daymakers.org

PRIME TIME WRESTLING

When: 7 p.m.

Where: Knights of Columbus Hall, 1114 American Blvd. W., Bloomington

Info: ptwrestling.com

Saturday, March 28

CLASSIC COUNTRY MUSIC JAM

When: 9 a.m. to 12:30 p.m.

Where: Creekside Community Center, 9801 Penn Ave. S., Bloomington

Info: 952-563-4944

FREE FAMILY FLICK: “HOW TO TRAIN YOUR DRAGON 2”

When: 10 a.m.

Where: Theaters at Mall of America, Mall of America, Bloomington

Info: bit.ly/moafff

MAPLE SYRUPING IN YOUR BACKYARD

When: 1-2:30 p.m.

Where: Fort Snelling State Park, 101 Snelling Lake Road, St. Paul

Info: bit.ly/ftsnelling

Sunday, March 29

POND HOUSE TOURS

When: 1:30-4 p.m.

Where: Pond Dakota Mission Park, 401 E. 104th St., Bloomington

Info: tr.im/gideon

RAPTORS IN THE YARD

When: 3-4 p.m.

Where: Richardson Nature Center, 8737 E. Bush Lake Road, Bloomington

Info: tr.im/raptors

Monday, March 30

FAMILY STORY TIME

When: 10:30 a.m.

Where: Oxboro Library, 8801 Portland Ave. S., Bloomington

Info: 612-543-5775

BLOOMINGTON NOON ROTARY

When: Noon

Where: Hilton Minneapolis-Bloomington, 3900 American Blvd. W., Bloomington

Info: bit.ly/bnrotary

Tuesday, March 31

FAMILY STORY TIME

When: 10:30 a.m.

Where: Penn Lake Library, 8800 Penn Ave. S., Bloomington

Info: 612-543-5800

LONG TERM CARE: AN OPTION TO HELP

When: 11:45 a.m. to 1 p.m.

Where: Meadow Woods Assisted Living, 1301 E. 100th St., Bloomington

Info: martinluthercampus.com

ALCOHOLICS ANONYMOUS

When: 8 p.m.

Where: Mt. Hope Lutheran Church, 3601 W. Old Shakopee Road, Bloomington

Info: 952-922-0880

Wednesday, April 1

BNI NETWORKING GROUP

When: 7-8:30 a.m.

Where: Creekside Community Center, 9801 Penn Ave. S., Bloomington

Info: 763-416-2608 (Doug)

NATIONAL ALLIANCE ON MENTAL ILLNESS PEER SUPPORT GROUP

When: 5 p.m.

Where: Charaka Community Support Program, 7888 12th Ave. S., Bloomington

Info: bit.ly/bl-nami

BOOK SIGNING: TIM GUNN

When: 6 p.m.

Where: Rotunda, Mall of America, Bloomington

Info: tr.im/timgunn

BLOOMINGTON LIONS CLUB

When: 6:15 p.m.

Where: David Fong’s, 9329 Lyndale Ave. S., Bloomington

Info: bit.ly/bl-lions

CHESS CLUB

When: 6:30-8 p.m.

Where: Southdale Library, 7001 York Ave. S., Edina

Info: 612-543-5900

Thursday, April 2

CRIBBAGE

When: 12:45 p.m.

Where: Creekside Community Center, 9801 Penn Ave. S., Bloomington

Info: 952-563-4944

LOAVES AND FISHES DINNER

When: 5:30-6:30 p.m.

Where: Creekside Community Center, 9801 Penn Ave. S., Bloomington

Info: loavesandfishesmn.org

WALK WHEN THE MOON IS FULL

When: 7:30-9 p.m.

Where: Richardson Nature Center, 8737 E. Bush Lake Road, Bloomington

Info: tr.im/treemoon

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Who to Call in Hard Times http://current.mnsun.com/2015/03/who-to-call-in-hard-times/ http://current.mnsun.com/2015/03/who-to-call-in-hard-times/#comments Thu, 26 Mar 2015 20:30:03 +0000 http://current.mnsun.com/?guid=93a1f6c134e7c83e24df2ba85380857e What a lot of people don’t understand about financial advisors is that they are not there solely to plan your future. They are at your side when a present-day catastrophe strikes.

Everyone faces a serious, non-voluntary life-changing event at least once. It could be the death of a spouse, a layoff, a divorce or a very serious illness, something that is often very emotional and not in a good way. Some people may call their parents for support, and others may contact close friends. After those phone calls are made – who next? A financial advisor.

People who are hard hit emotionally may not be able to consider all aspects and nuances of their situation. They need someone to help them understand how those changes affect their financial pictures before they are able to devise a plan to mitigate the harm. An advisor is that someone.

I’ve had clients contact me when hard times came upon them. Although I am not a therapist, I was able to really help my clients look at the event without all of the emotion that clouds their judgment and create an action plan to help them survive.

One of my clients, a young married woman with two small children, called me after she was diagnosed with an aggressive cancer that was spreading. She was afraid that the life insurance company would cancel her policy.

I assured her that the policy was still effective because she paid the premiums. The life insurance policy would still protect her kids. I also asked delicately about estate plans. If things did not go well, everything was in place. The reassurance that all financial pieces were set gave her peace of mind. Fortunately, she survived and is doing well.

During the Great Recession, a number of clients called me in distress. They lost their jobs, worrying about paying monthly expenses. Some wanted to tap into their retirement accounts to help them with the financial shortfalls.

I explained the tax ramifications of taking distributions early and how they might be able to make up for their savings losses once they were employed again. I discussed with them how to create a budget. I also asked them about the health and life insurance that might be gone along with their jobs and how to replace these benefits. 

An advisor not only helps you make sound financial decisions at times of emotions but prepares you for the catastrophes before they hit. Nobody can plan for every single permutation of events that can occur. But it is much easier to tailor a plan if you have savings or life insurance to cover your back.

Financial worries add to one’s distress during major life changes. Call your financial advisor who will listen to your problems, provides guidance on your decisions and makes plans to keep you covered.

Follow AdviceIQ on Twitter at @adviceiq

Wendy Spencer, CFP, CDFA, is president of Spencer Capital Strategies Inc., an independent Money Concepts contractor in Arvada, Colo. She is also a family law mediator; her divorce website is www.divorcemoneypro.com.

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

 

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What a lot of people don’t understand about financial advisors is that they are not there solely to plan your future. They are at your side when a present-day catastrophe strikes.

Everyone faces a serious, non-voluntary life-changing event at least once. It could be the death of a spouse, a layoff, a divorce or a very serious illness, something that is often very emotional and not in a good way. Some people may call their parents for support, and others may contact close friends. After those phone calls are made – who next? A financial advisor.

People who are hard hit emotionally may not be able to consider all aspects and nuances of their situation. They need someone to help them understand how those changes affect their financial pictures before they are able to devise a plan to mitigate the harm. An advisor is that someone.

I’ve had clients contact me when hard times came upon them. Although I am not a therapist, I was able to really help my clients look at the event without all of the emotion that clouds their judgment and create an action plan to help them survive.

One of my clients, a young married woman with two small children, called me after she was diagnosed with an aggressive cancer that was spreading. She was afraid that the life insurance company would cancel her policy.

I assured her that the policy was still effective because she paid the premiums. The life insurance policy would still protect her kids. I also asked delicately about estate plans. If things did not go well, everything was in place. The reassurance that all financial pieces were set gave her peace of mind. Fortunately, she survived and is doing well.

During the Great Recession, a number of clients called me in distress. They lost their jobs, worrying about paying monthly expenses. Some wanted to tap into their retirement accounts to help them with the financial shortfalls.

I explained the tax ramifications of taking distributions early and how they might be able to make up for their savings losses once they were employed again. I discussed with them how to create a budget. I also asked them about the health and life insurance that might be gone along with their jobs and how to replace these benefits. 

An advisor not only helps you make sound financial decisions at times of emotions but prepares you for the catastrophes before they hit. Nobody can plan for every single permutation of events that can occur. But it is much easier to tailor a plan if you have savings or life insurance to cover your back.

Financial worries add to one’s distress during major life changes. Call your financial advisor who will listen to your problems, provides guidance on your decisions and makes plans to keep you covered.

Follow AdviceIQ on Twitter at @adviceiq

Wendy Spencer, CFP, CDFA, is president of Spencer Capital Strategies Inc., an independent Money Concepts contractor in Arvada, Colo. She is also a family law mediator; her divorce website is www.divorcemoneypro.com.

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

 

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Eden Prairie Garden Expo gives glimpse at spring http://current.mnsun.com/2015/03/eden-prairie-garden-expo-gives-glimpse-at-spring/ http://current.mnsun.com/2015/03/eden-prairie-garden-expo-gives-glimpse-at-spring/#comments Thu, 26 Mar 2015 19:00:56 +0000 http://current.mnsun.com/?p=144974 Despite the recent snowfall, Eden Prairie residents are ready for spring.

Nearly 105 exhibitors offered advice and insider tips on how to maintain gardens, windows, wood furnishings and more at the 13th annual Home, Landscape & Garden Expo on March 21 at Grace Church in Eden Prairie.

Visitors browse more than 100 exhibitors at the Home, Landscape and Garden Expo March 21 at Grace Church in Eden Prairie.

Visitors browse more than 100 exhibitors at the Home, Landscape and Garden Expo March 21 at Grace Church in Eden Prairie.

“We’ve increased the number of exhibitor tables this year, and our experts [focused] on year-round maintenance,” said Audrianna Schenck, membership and events manager for the Eden Prairie Chamber of Commerce.

This year’s show featured tips for Do-It-Yourself projects, finding the right contractor, protecting outdoor wooden finishes and more. Chamber members were especially excited to announce that former Minnesota Vikings player Matt Blair appeared at the event.

“We wanted to draw in a new and even larger audience,” Schenck said.

Attendance in past years has ranged from 1,500 to more than 2,000 people, and according to Cory Whitmer, design manager at The Mustard Seed Landscaping & Garden Center, this year’s expo drew in a sizeable crowd, as well.

Visitors explore the Mustard Seed Landscaping & Garden Center at the Home, Landscape and Garden Expo March 21 at Grace Church in Eden Prairie. (Sun Current staff photo by Michelle Doeden)

Visitors explore the Mustard Seed Landscaping & Garden Center at the Home, Landscape and Garden Expo March 21 at Grace Church in Eden Prairie. (Sun Current staff photo by Michelle Doeden)

“We had good traffic flow, which is nice because we get to see our regular customers along with new customers,” Whitmer said.

Exhibitors also presented seminars all day in topics ranging from organic gardening to kitchen remodeling to pest removal.

“I’ve given seminars here for six years, and it’s always nice to see a boost in business afterwards,” Whitmer said.

While the event may seem exclusive to home and outdoor maintenance, other companies such as Anytime Fitness, Envy Skin Clinic and i9 Sports made appearances.

Additionally, environmental groups such as the Eden Prairie Conservation Commission, Lower MN Watershed District and Minnesota Renewable Energy Society educated visitors on their current efforts.

“We’re going to have quite a solar industry here in Minnesota,” said Doug Shoemaker, Minnesota Renewable Energy Society volunteer.

The event also featured local family-owned and operated landscaping company Pudas Landscape and Construction for their 13th year.

“It’s great to see the people we’ve done work with, and it’s just as important that we let people know about us,” Designer Richard Pudas said.

Contact Michelle Doeden at michelle.doeden@ecm-inc.com

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Answers to 4 Big $ Questions http://current.mnsun.com/2015/03/answers-to-4-big-questions/ http://current.mnsun.com/2015/03/answers-to-4-big-questions/#comments Thu, 26 Mar 2015 19:00:03 +0000 http://current.mnsun.com/?guid=1bb28ad231505ac09feb21c065b6c7b9 Costs of education and retirement are likely two of your biggest financial concerns. Just in time for tax season, here are answers to a couple of common questions on each important topic.

Education:

Are my student loans deductible? Student loans can be a heavy burden on many taxpayers. Luckily, the Internal Revenue Service allows you to deduct a portion of student loan interest, taken as an adjustment to your income.

This means you can claim the deduction even if you do not itemize deductions – that is, file a Schedule A on your IRS Form 1040 tax return. Unfortunately, the IRS also imposes many limitations on the deductibility of student loan interest: The maximum interest deduction is $2,500 for 2014.

To secure the deduction, you must have used the loan to pay for qualified education expenses and your modified adjusted gross income (MAGI) for last year cannot exceed $160,000 if you file taxes under the status married filing jointly or $80,000 if you file using another status. If you’re like most taxpayers, your MAGI is your adjusted gross income as figured on your federal income tax return before you subtract any deduction for student loan interest. 

Can I transfer a Direct PLUS loan to my child after graduation? You usually take out a Direct PLUS loan to pay for your child’s college education; your child still completes the Free Application for Federal Student Aid (FAFSA).

The U.S. Department of Education sets the interest rate on Direct PLUS loans; the rate also depends on the date of disbursement. Some parents assume they can transfer the loan to the child once the latter graduates. Unfortunately, no: You the parent are responsible for repaying the loan.

Retirement:

How often can I make changes to my 401(k)? Generally, you can change your 401(k) employer-sponsored retirement plan as often as you want. I say “generally” because employers can impose their own restrictions to prevent employees from trading in 401(k) plans.

Our firm strongly advises against actively trading in your 401(k) or trying to time the markets to boost returns. Rather, rebalance your portfolio periodically to minimize risk.

For example, your original blend of assets – such as stocks, bonds and other holdings – probably changed in the wake of differing returns. Your allocated percentage of different asset classes probably also shifted. To rebalance, you might sell a portion of the asset class that increased above your optimum target.

Review your 401(k) at least quarterly to ensure that the allocations you initially selected don’t deviate from your intended percentages. If they do, rebalance your entire portfolio, including your 401(k), to bring it back in line with your goals.

Is there still time to contribute to my individual retirement account? Despite what the calendar shows, 2014 is not over yet. Whether you have a Roth, traditional or simplified employee pension (SEP) IRA, you can still count a contribution toward your total for last year.

For 2014 and 2015, according to the IRS, your total contributions to all of your traditional and Roth IRAs cannot be more than $5,500 ($6,500 if you’re 50 or older) or your taxable compensation for the year if your compensation was less than this limit. If you’re self-employed, your contributions to a SEP-IRA cannot exceed the lesser of 25% of your compensation or $52,000 for 2014.

You must contribute funds to an existing or new IRA before the April 15 tax-filing deadline this year.

Follow AdviceIQ on Twitter at @adviceiq.
 
Ara Oghoorian, CFP, CFA, is the founder and president of ACap Asset Management in Los Angeles. A fee-only investment management firm, it specializes in helping doctors and physicians make sound financial decisions. Contact Ara at aoghoorian@acapam.com or on the Web at www.acapam.com.

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

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Costs of education and retirement are likely two of your biggest financial concerns. Just in time for tax season, here are answers to a couple of common questions on each important topic.

Education:

Are my student loans deductible? Student loans can be a heavy burden on many taxpayers. Luckily, the Internal Revenue Service allows you to deduct a portion of student loan interest, taken as an adjustment to your income.

This means you can claim the deduction even if you do not itemize deductions – that is, file a Schedule A on your IRS Form 1040 tax return. Unfortunately, the IRS also imposes many limitations on the deductibility of student loan interest: The maximum interest deduction is $2,500 for 2014.

To secure the deduction, you must have used the loan to pay for qualified education expenses and your modified adjusted gross income (MAGI) for last year cannot exceed $160,000 if you file taxes under the status married filing jointly or $80,000 if you file using another status. If you’re like most taxpayers, your MAGI is your adjusted gross income as figured on your federal income tax return before you subtract any deduction for student loan interest. 

Can I transfer a Direct PLUS loan to my child after graduation? You usually take out a Direct PLUS loan to pay for your child’s college education; your child still completes the Free Application for Federal Student Aid (FAFSA).

The U.S. Department of Education sets the interest rate on Direct PLUS loans; the rate also depends on the date of disbursement. Some parents assume they can transfer the loan to the child once the latter graduates. Unfortunately, no: You the parent are responsible for repaying the loan.

Retirement:

How often can I make changes to my 401(k)? Generally, you can change your 401(k) employer-sponsored retirement plan as often as you want. I say “generally” because employers can impose their own restrictions to prevent employees from trading in 401(k) plans.

Our firm strongly advises against actively trading in your 401(k) or trying to time the markets to boost returns. Rather, rebalance your portfolio periodically to minimize risk.

For example, your original blend of assets – such as stocks, bonds and other holdings – probably changed in the wake of differing returns. Your allocated percentage of different asset classes probably also shifted. To rebalance, you might sell a portion of the asset class that increased above your optimum target.

Review your 401(k) at least quarterly to ensure that the allocations you initially selected don’t deviate from your intended percentages. If they do, rebalance your entire portfolio, including your 401(k), to bring it back in line with your goals.

Is there still time to contribute to my individual retirement account? Despite what the calendar shows, 2014 is not over yet. Whether you have a Roth, traditional or simplified employee pension (SEP) IRA, you can still count a contribution toward your total for last year.

For 2014 and 2015, according to the IRS, your total contributions to all of your traditional and Roth IRAs cannot be more than $5,500 ($6,500 if you’re 50 or older) or your taxable compensation for the year if your compensation was less than this limit. If you’re self-employed, your contributions to a SEP-IRA cannot exceed the lesser of 25% of your compensation or $52,000 for 2014.

You must contribute funds to an existing or new IRA before the April 15 tax-filing deadline this year.

Follow AdviceIQ on Twitter at @adviceiq.
 
Ara Oghoorian, CFP, CFA, is the founder and president of ACap Asset Management in Los Angeles. A fee-only investment management firm, it specializes in helping doctors and physicians make sound financial decisions. Contact Ara at aoghoorian@acapam.com or on the Web at www.acapam.com.

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

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Do you believe in miracles? Edina Junior Gold plays in nationals http://current.mnsun.com/2015/03/do-you-believe-in-miracles-edina-junior-gold-plays-in-nationals/ http://current.mnsun.com/2015/03/do-you-believe-in-miracles-edina-junior-gold-plays-in-nationals/#comments Thu, 26 Mar 2015 18:15:10 +0000 http://current.mnsun.com/?p=145133 The last week has been a whirlwind for the Edina Junior Gold traveling boys hockey team.

After winning the state championship 3-2 in seven overtimes against Wayzata at the start of the week, the boys left almost immediately for Toyota High School Pure Division National Championships in St. Louis.

Edina Junior A boys hockey goalie Collin Dunn prepares to glove a slap shot in his team’s 3-2, seven-overtime victory over Wayzata in the state-championship game. Teammates looking on are Ryan Spades (6) and Jack Stanchfield (2). (Photo by John Bloom - Contributing Photographer)

Edina Junior A boys hockey goalie Collin Dunn prepares to glove a slap shot in his team’s 3-2, seven-overtime victory over Wayzata in the state-championship game. Teammates looking on are Ryan Spades (6) and Jack Stanchfield (2). (Photo by John Bloom – Contributing Photographer)

Edina won four straight in nationals before losing to Santa Margarita, Calif. 4-2 Sunday, March 22. With the loss, Edina finished third in the tournament.

Bill Smith, in his 28th year as Edina Junior Gold’s coach, said, “We just finished playing eight games in 11 days, so it hasn’t all sunk in yet. It was a lot of hockey.

“I didn’t know what to expect at nationals, but it was quite a deal with 64 teams in two divisions.”

This is the first time a Minnesota team has competed in the High School Pure Division National Championships. It is a tournament for state-champion high school teams, and the Minnesota State High School League does not allow its state champion to play in national tournaments of this sort.

Minnesota, however, did receive permission to send its Junior Gold ‘A’ champion to the event.

Edina’s Junior Gold A team consists mainly of players who did not earn a spot on the Edina High School squad, but still wanted to continue playing hockey.

“Many of the kids on our team could play for most high school teams in the state,” Smith observed.

Noah Ostlie of the Edina Junior A boys hockey team fires a shot on goal during the Toyota High School Pure Division Championships in St. Louis Thursday, March 19. (Photo by John Bloom - Contributing Photographer)

Noah Ostlie of the Edina Junior A boys hockey team fires a shot on goal during the Toyota High School Pure Division Championships in St. Louis Thursday, March 19. (Photo by John Bloom – Contributing Photographer)

As most people in Edina know, the high school team has been exceptional the last three years with two state championships and third-place finish. And with all the talent coming through the pipeline, there is enough talent to stock a Junior Gold A team.

Edina’s depth showed in the state-championship game and later at nationals.

The Edina-Wayzata title game lasted 109 minutes before Chris Bloom’s goal ended it in the seventh overtime.

“I was afraid my heart was going to stop,” said Smith.

What was his first comment when the game ended?

“Thank God!” he said.

National surge

Winning the state championship gave Edina momentum for nationals, and the Hornets won their first four games in St. Louis.

“We played at the Hardee’s Iceplex, a complex with three rinks, including one Olympic-size rink,” said Smith.

Edina beat St. Rita from Illinois 4-1 in the opening round with goals from Bloom, Owen Palmer, J.R. Brauer and Bobby Terwilliger.

The Hornets were outshot 31-27 and survived 11 penalties.

Edina Junior Gold teammates Jack Vorlicky (81) and Hunter Gervais (19) celebrate following a goal by Gervais at the national tournament. (Photo by John Bloom - Contributing Photographer)

Edina Junior Gold teammates Jack Vorlicky (81) and Hunter Gervais (19) celebrate following a goal by Gervais at the national tournament. (Photo by John Bloom – Contributing Photographer)

In the next round Edina’s offense was on fire in a 9-4 victory over Orange Lutheran, Calif.

Mike Sarp fired in three goals for the winners, while Hunter Gervais scored two goals and Brauer, Michael Miller, Jack Jahnke and Sam Dunn had one apiece.

Edina came from behind to down Carroll, Ind. 6-5 in a penalty-filled game. Edina was whistled for 13 infractions, while Carroll was tagged for six penalties.

Even with the penalty problems, Edina played exceptional defense, holding its opponent to only one power-play goal.

The Hornets trailed 5-3 in the third period before scoring the last three goals of the game.

Brauer, had the game-winner, his second goal of the game, in overtime.

Palmer also netted two goals for Edina to go with one each by Bloom and Terwilliger.

Coming off its rally victory against Carroll, Edina dominated Idaho Falls, Idaho 7-0. The Hornets outshot their opponent by a 35-7 margin.

Brauer led the Edina attack with two goals. Dunn, Gervais, Jahnke, Sarp and Terwilliger also found the back of the net.

After averaging 6.5 goals a game through its first four national games, Edina couldn’t catch a break against Santa Margarita.ed26hockey

“We were all holding our breath, hoping for a comeback,” said Krista Gresham, one of the mothers who made the trip to St. Louis.

Comebacks were expected whenever Edina fell behind. Going into the last game against Santa Margarita, the Hornets had 23 straight wins.

The comeback never really materialized although a late goal by Jack Stanchfield cut the final margin to 4-2. Palmer scored the other goal for Edina.

Edina goalie Alex Branton was the victim of two California power-play goals, one in the first period and one in the second. Stanchfield’s goal also came on a power play.

“Our depth helped get us through the tournament,” said Smith, whose team had an overall record of 36-8-1 this season.

And it was Edina’s depth that won them the trip to St. Louis.

Members of the Edina team, in addition to those mentioned above are: Nick Chamberlain, Devin Decker, Collin Dunn, Andrew Gresham, Noah Ostlie, Ryan Spades and Jack Vorlicky. Head coach Smith is assisted by Rick Barnes, the other co-founder of Edina Junior Gold hockey, Sammy Schulz and Jimmy Kohler.

Looking back on the epic seven-overtime game against Wayzata, Smith said, “I had never been involved in anything like that. Both teams played hard from start to finish.”

And when it finally ended, an old line from a game in 1980 came to mind. “Do you believe in miracles? Yes!”

Contact John Sherman at john.sherman@ecm-inc.com

]]> http://current.mnsun.com/2015/03/do-you-believe-in-miracles-edina-junior-gold-plays-in-nationals/feed/ 0 Eden Prairie High School preschool registration open http://current.mnsun.com/2015/03/eden-prairie-high-school-preschool-registration-open/ http://current.mnsun.com/2015/03/eden-prairie-high-school-preschool-registration-open/#comments Thu, 26 Mar 2015 17:07:17 +0000 http://current.mnsun.com/?p=145131 There are openings in the morning and afternoon preschool programs offered at Eden Prairie High School for children ages 3-5. The preschool, a tradition since 1978, is planned, organized and taught by students in the parenting and child psychology classes at the high school.

The dates for this year’s preschool are Thursday, April 16 through Monday, June 1. Children must be available to attend Mondays, Wednesdays, Thursdays and Fridays. The morning session is 9:35-11:35 a.m., and the afternoon session is 12:20-2:20 p.m. A $40 donation helps cover the cost of snacks and supplies for the entire session.

Info: anne_almli@edenpr.12.mn.us

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Eden Prairie Police Department investigates burglaries http://current.mnsun.com/2015/03/eden-prairie-police-department-report-burglaries-on-rise/ http://current.mnsun.com/2015/03/eden-prairie-police-department-report-burglaries-on-rise/#comments Thu, 26 Mar 2015 17:00:19 +0000 http://current.mnsun.com/?p=145125 A burglary of a dwelling was reported at 7:06 p.m. March 19 at the 11000 block of Westwind Drive in Eden Prairie. The victim was a 15-year-old male from Eden Prairie. According to the report, the victim left his backpack in his garage while he was playing basketball. The victim said the garage door was closed but not locked. The victim reported his backpack was stolen and that he saw a male suspect flee the scene. The backpack contained textbooks, an iPhone valued at $300 and a MacBook Pro belonging to Eden Prairie Schools valued at $900. The report is still under investigation.

A second burglary of a dwelling was reported at 8:30 a.m. March 19 at the 7000 block of Muirfield Lane in Eden Prairie. The victims were both Eden Prairie residents, ages 23 and 25, respectively. According to the report, one victim left for work and returned at 12:30 p.m. when he noticed the glass next to the front door had been broken and the door was unlocked. Nothing was out of place. The report is still under investigation.

A third burglary of a dwelling was reported between 9-11 a.m. March 19 at the 10000 block of Frederick Place in Eden Prairie. The victims were a 49-year-old man and a 49-year-old woman, both Eden Prairie residents. According to the report, the victim noticed that the door to the deck had been kicked in, drawers in the master bedroom were opened, and items were left on the floor. Among the items stolen were watches, jewelry, foreign currency and a safe containing antique watches and other items. All items are of unknown values. The report is still under investigation.

A fourth burglary of a dwelling was reported between 8:33 a.m. and 5:58 p.m. March 18 at the 12000 block of Sandy Point in Eden Prairie. The victims were a 43-year-old man and a 38-year-old female, a 6-year-old girl and a 2-year-old boy. According to the report, the victims entered through the garage when the one of the children noticed that the glass window next to the front door had been broken. In the master bedroom, drawers were pulled out, and several items were missing. The items included a Tiffany necklace of an unknown value, a pearl choker valued at $1,000, eight gold rings, a red Tory Burch bag valued at $439, a Louis Vitton wallet valued at $800 and Bose headphones of an unknown value. Several items were missing from the child’s room, as well, including infant gold bracelets valued at $89, a tweety bird charm, a gold pendant and a silver coin. The report is still under investigation.

A fifth burglary of a dwelling was reported between 2:10-2:35 p.m. March 19 at the 10000 block of Franlo Road in Eden Prairie. The victim is a 58-year-old Eden Prairie woman. The report resulted in the arrest of a 48-year-old man. According to the report filed by a neighbor, a suspicious car was parked in front of the residence, and someone knocked on the door, rang the doorbell and left. Then, 10 minutes later, another vehicle pulled up, three men exited the vehicle, and the vehicle left. The suspects went to the backyard and then entered another vehicle shortly after. When the officers arrived at the scene, they noticed that the left side window pane by the front door had been broken, and the sliding glass window in the back of the house was open and broken. Officers also notices that other rooms had been rummaged through. When police arrived, there was one occupant in the vehicle. Officers obtained a search warrant for the vehicle and found watches and jewelry that didn’t belong to the victim. Police believe that the suspect is involved in some of the other reported burglaries including the burglary at Sandy Point and Frederick Place. The suspect was arrested for burglary and transported to Hennepin County Jail.

“The burglaries are believed to be related,” Sergeant David Becker said. “Not all of them, but likely some are. The key point is that because the neighbor observed and reported, we were able to make an arrest.”

Becker urges residents to report suspicious activity to the police as soon as possible.

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Star Legacy Foundation announces new support groups http://current.mnsun.com/2015/03/star-legacy-foundation-announces-new-support-groups/ http://current.mnsun.com/2015/03/star-legacy-foundation-announces-new-support-groups/#comments Thu, 26 Mar 2015 16:56:39 +0000 http://current.mnsun.com/?p=145123 The Star Legacy Foundation announces three new support groups for families who have experienced stillbirth or neonatal loss.

The Bereaved Parents group is for parents of babies who have died before their birth (stillbirth) or those who only live a short time after birth.

The Pregnancy After Loss group is for parents who are in a pregnancy following stillbirth or neonatal loss.

The Grandparents and Extended Family group is for those that are grieving the loss of a child to stillbirth or neonatal loss, and at the same time they want to know how to best support the parents of the baby.

All groups will meet monthly at the Star Bank in Eden Prairie 250 Prairie Center Drive. Meetings are free and open to all who have experienced the loss of a baby no matter how long ago the loss occurred.

• Bereaved Parents meet at 7:30 p.m. on the second and fourth Tuesdays each month

• Pregnancy After Loss meets 6 p.m. Tuesdays

• Grandparents and Extended Family meets at 7:30 p.m. the first Tuesday each month

All groups are led by trained professionals.

Info: starlegacyfoundation.org

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Oil Prices: Forget a Rebound http://current.mnsun.com/2015/03/oil-prices-forget-a-rebound/ http://current.mnsun.com/2015/03/oil-prices-forget-a-rebound/#comments Thu, 26 Mar 2015 16:00:42 +0000 http://current.mnsun.com/?guid=e44ae709a32f5d652106e9ef5204d5fa With the price of oil slashed in half since last summer, we keep hearing predictions that a reversal is waiting in the wings. Forget it. The showing of another energy product, natural gas, shows us why: Ever-improving technology keeps prices low, amid more efficient and cheaper production methods.

The price action of natural gas likely gives us clues about where oil prices are headed over the next several years. Natural gas prices used to be somewhat correlated with oil’s. After reaching peak levels in 2008, both natural gas and oil prices collapsed on weak demand in the recession. While oil prices rebounded over the next five years from about $40 to $110 per barrel, natural gas prices trended even lower.
 
Shown below are natural gas spot prices overlaid on the gas rig count – the number of drilling rigs. These rigs drill vertically (down), horizontally (to the side) or directionally (at a slanted angle). The chart shows natural gas prices declining from $12.69 in June 2008 to about $3 per million British thermal units (MMBtu) lately.

Macintosh HD:Users:aiqinc:Desktop:unnamed.jpg

Since the 2008 peak through the end of February, the U.S. gas rig count fell from 1,606 to 280, almost an 83% decrease. Yet U.S. dry natural gas production has increased from 1,681,469 million cubic feet (mcf) in mid 2008 to 2,303,935mcf at the end of 2014, a 37% production increase. (Dry natural gas is after producers processed it for distribution to consumers.) Basically, innovation made U.S. energy producers better, faster and cheaper at extracting gas from shale formations.
 
That’s why what happened with gas may be the best predictor of what is likely to happen in the oil market. Gas and oil in the U.S. are often extracted from shale formations. Fracking and other technology improved dramatically in the gas fields, causing increased productivity to drive prices lower. The implication: U.S. petroleum engineers will adapt to $50 and $60 oil prices by continuing to improve extraction technology and efficiency.
 
Since last October, when the oil-rig count hit a record of 1,609, the tally dipped to 922, according to a survey from oil services company Baker Hughes. The price of oil a year ago was roughly $100 per barrel and today around $50.
 
The prolonged depressed pricing in the natural gas market is an enormous red flag to those who believe oil prices will “correct” to higher levels in the next couple of years. It is also a reminder of the importance of technology innovation in the United States – and how productivity enhancements can create growth in unlikely areas. Not too long ago, meaningful extraction from shale formations seemed improbable. Then came the fracking revolution.

If you knew in 2008 that the natural gas rig count was going to fall so drastically, a forecast of gas production rising by 37% and prices falling by 76% made no sense. In investing, considering what seems improbable often pays off. As Warren Buffett stated in his most recent letter to shareholders: “The dynamism embedded in our market economy will continue to work its magic.”

Follow AdviceIQ on Twitter at @adviceiq.

Nicholas Atkeson and Andrew Houghton are the founding partners of Delta Investment Management, a registered investment advisory firm in San Francisco, and authors of the new book, Win by Not Losing: A Disciplined Approach To Building And Protecting Your Wealth In The Stock Market By Managing Your RiskAdditional market commentary and investment advice is available via their websites at www.deltaim.com and www.deltawealthaccelerator.com

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

 

]]>
With the price of oil slashed in half since last summer, we keep hearing predictions that a reversal is waiting in the wings. Forget it. The showing of another energy product, natural gas, shows us why: Ever-improving technology keeps prices low, amid more efficient and cheaper production methods.

The price action of natural gas likely gives us clues about where oil prices are headed over the next several years. Natural gas prices used to be somewhat correlated with oil’s. After reaching peak levels in 2008, both natural gas and oil prices collapsed on weak demand in the recession. While oil prices rebounded over the next five years from about $40 to $110 per barrel, natural gas prices trended even lower.
 
Shown below are natural gas spot prices overlaid on the gas rig count – the number of drilling rigs. These rigs drill vertically (down), horizontally (to the side) or directionally (at a slanted angle). The chart shows natural gas prices declining from $12.69 in June 2008 to about $3 per million British thermal units (MMBtu) lately.

Macintosh HD:Users:aiqinc:Desktop:unnamed.jpg

Since the 2008 peak through the end of February, the U.S. gas rig count fell from 1,606 to 280, almost an 83% decrease. Yet U.S. dry natural gas production has increased from 1,681,469 million cubic feet (mcf) in mid 2008 to 2,303,935mcf at the end of 2014, a 37% production increase. (Dry natural gas is after producers processed it for distribution to consumers.) Basically, innovation made U.S. energy producers better, faster and cheaper at extracting gas from shale formations.
 
That’s why what happened with gas may be the best predictor of what is likely to happen in the oil market. Gas and oil in the U.S. are often extracted from shale formations. Fracking and other technology improved dramatically in the gas fields, causing increased productivity to drive prices lower. The implication: U.S. petroleum engineers will adapt to $50 and $60 oil prices by continuing to improve extraction technology and efficiency.
 
Since last October, when the oil-rig count hit a record of 1,609, the tally dipped to 922, according to a survey from oil services company Baker Hughes. The price of oil a year ago was roughly $100 per barrel and today around $50.
 
The prolonged depressed pricing in the natural gas market is an enormous red flag to those who believe oil prices will “correct” to higher levels in the next couple of years. It is also a reminder of the importance of technology innovation in the United States – and how productivity enhancements can create growth in unlikely areas. Not too long ago, meaningful extraction from shale formations seemed improbable. Then came the fracking revolution.

If you knew in 2008 that the natural gas rig count was going to fall so drastically, a forecast of gas production rising by 37% and prices falling by 76% made no sense. In investing, considering what seems improbable often pays off. As Warren Buffett stated in his most recent letter to shareholders: “The dynamism embedded in our market economy will continue to work its magic.”

Follow AdviceIQ on Twitter at @adviceiq.

Nicholas Atkeson and Andrew Houghton are the founding partners of Delta Investment Management, a registered investment advisory firm in San Francisco, and authors of the new book, Win by Not Losing: A Disciplined Approach To Building And Protecting Your Wealth In The Stock Market By Managing Your RiskAdditional market commentary and investment advice is available via their websites at www.deltaim.com and www.deltawealthaccelerator.com

AdviceIQ delivers quality personal finance articles by both financial advisors and AdviceIQ editors. It ranks advisors in your area by specialty, including small businesses, doctors and clients of modest means, for example. Those with the biggest number of clients in a given specialty rank the highest. AdviceIQ also vets ranked advisors so only those with pristine regulatory histories can participate. AdviceIQ was launched Jan. 9, 2012, by veteran Wall Street executives, editors and technologists. Right now, investors may see many advisor rankings, although in some areas only a few are ranked. Check back often as thousands of advisors are undergoing AdviceIQ screening. New advisors appear in rankings daily.

 

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