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Show Ensemble and the Balia Sinem Choir, 7:30 p.m. March 3, FLC Concert Hall. Free. San Juan Symphony Orchestra, 3 p.m. Feb. 27, FLC Community Concert Hall. $15 adults, $5 students. (970) 259-260- Bernard Zinch will (970) Lectures, Workshops Alexander Murray Faculty Chamber Music Series, with Soprano Undo Mack and Pianist Ying Ying Liu will present works by Shubert, Handel, Rachmaninoff and others at 3 in Roshong Recital Hall. Visual Arts Stained Glass by artist Terri Bonham, through February, Durango Arts Center Gallery Shop. Hours are 10 a.m. to 5 p.m. Tuesday through Saturday. (970) 259-2606. "Evoking the Spirit of the Landscape," a black and white photography exhibit curated by Paul Pennington, through March 30, GamerVega Conference Room Durango Arts Center. "Shared Enchantment," photographs, oil paintings and bronze sculptures, through Feb. 26, Barbara Conrad Gallery, Durango Library, Feb. 18, Fort p.m. Lewis with Mary Crow, 7 College 130 Noble to Piper Jaffray. Handwriting Analysis, nocredit class, 6 8 p.m. Tuesdays Feb. 22 - April 18, Pueblo Community College. Cost is $55. (970) 247-292- Ned Overend's Mountain Bike Like a Champion: Master the Techniques of America's Greatest Rider, will be the topic at "Books Sandwiched In," 12:10 to 12:50 p.m. Feb. 23, Durango Library Periodicals Room. Free. Weather Maps and Forecasts, 6 to 8 p.m. Wednesdays Feb. 23, Pueblo Community College. $20. (970) 247-292- College. $55. (970) 247-292- Large capitalization stocks represent the Mutual Funds Offer Easy Access 9. to Expanding Global Markets 9. Ireland-Frey- 's the Freeing Captives: the Emerging Therapy of Treating Spirit Attachment, will be the topic at "Books Sandwiched In," 12:10 to 12:50 p.m. March 1, Durango Library Periodicals Room. Free. African "The Revenge of the Space Pandas," by the Durango High School Thespian Troupe 1096, 7:30 p.m. March 3, 4, 10 and 11; and at 2 p.m. March 4 and 11. Ext. $5 adults, $4 for students. (970) presented 259-163- 0 101. Recreation 382-382- - The world keep getting smaller and as it does, international stock and bond markets offer investors bigger opportunities. One of the most popular ways to invest internationally is through mutual funds. With a money manager handling the investment decisions, it's easier than ever for individuals to navigate through foreign markets. Based on lire objectives of the fund, its managers select the country (or countries) and the individual Issues, make tlic timing decisions, deal writh the mechanics of making trades on foreign exchanges and may take steps to hedge against currency risks or other concerns. 9. Artist Workshops including photograart therapy, illustration, jewelry, papermaking, screenwriting, batik and phy, ceramics, painting, portrait painting, offered through March 11 at the Smiley Building. Sponsored by Smiley Studios. (970) 259-445- 8 or (970) 382-933- The Town Downhill, citizen's downhill race series, Feb. 19 and 26 Purgatory Resort. Registration at 8 a.m. $15race entry fee, $20 racer lift ticket. Register in advance (970) Art Classes for adults with disabilities, 9:30 to 11 :30 a.m. Thursdays in the Durango 0. Belly Dancing, 6:30 to 8 p.m. Fridays, Barefoot Dance Studio, 1301 Florida Road. $8 drop-in$7 students, and $4 kids and seniors. (970) 8 to 9:30 p.m. Spirit Dance, Barefoot Dance Studio, 1301 Wednesdays, Florida Road. $8 drop-ins- , and $4 students, $7 kids and seniors. (970) Hip Hop Dance, 6:30 to 8 p.m. Wednesdays, Barefoot Dance Studio, 1301 Florida Road. $8 drop-ins- , $7 students, and $4 kids and seniors. (970) West African Dance, beginners 6:30 to 8 p.m. Tuesdays; mixed level 6:30 to 8 p.m. Thursdays and 4 to 6 p.m. Saturdays; and Advanced 8 to 9:30 p.m. Thursdays, Barefoot Dance Studio, 1301 Florida Road. $8 dropnns, $7 students, and $4 kids and seniors. (970) s, Kula Music, Arts Center. (970) 259-260- (970) 247-833- $5 per class (970) or 588-226- 2 6. Public Service 9. 382-382- 9. 382-382- 382-382- Children's Museum of Durango Second Ave. (970) 259-923- "Child Talk," facilitating children's com- two classes monthly at the munication skills, Adult Education Center, 301 East 12th Street. Childcare provided. $2 donation. (970) 385-435- 4. Volunteer judges sought for the 42nd annual San Juan Basin Regional Science a.m. to 2:30 p.m. March 15, Fort College. (970) 247-751- Fair, 9 Lewis 4. Applications for artists or artists' organizations wanting to be considered for exhibits Classes at the Dance Center for teens during the 2001 gallery schedule are now and adults, tap, ballet, modern, belly, African, salsa, Latin, tango, swing, lindy hop, . workout and pilates. (970) hip-ho- avail- able at the Durango Arts Center. Applications due 259-260by March 25. (970) 259-4122- Club, mainstream and advanced plus calls, 8 . Why invest internationally? Investing internationally gives you exposure to different stages of economic market cycles. Most U.S. investors arc unaware of the powerful growth potential of foreign stocks. In fact, foreign equities have historically offered higher Lvels of king-tercapital growth than lomcstk' counterparts. Only once during the past 21 yean was the U.S. stock market the world's top performer. And it was among the kip five markets only five limes. (Source: Morgan Stanky Capital International) What's more, diversifying into foreign markets may actually lower your exposure to risk. That's because foreign and IhS. markets do not necessarily rise and fall at the same time. White one market might have a difficult year, another may be flourishing. Of course, foreign investments pose certain risks not associated with U.S. investments. Among these risks are currency risk, which is the fluctuation in foreign exchange rates; political risk, which is the danger that foreign government action will reduce an investment's value; and complexity risk, which is the risk that arises from differences in accounting and reporting standards, deljys in delivery and set ttement, liquidity probkms and foreign markets that are kss regulated than U.S. markets. Strategies for investing internationally Three strategies can be effective in diversifying your portfolio with international invest - CORTEZ, DOLORES & MANCOS San Juan Swingers Square Dance Plata p.m. to 10 p.m. Fridays, Durango-LSenior Center, 2500 North Main Ave. (970) is extending its hours from 10 a.m. to 5 p.m. Thursdays. The museum is located at 802 East Last volatile segment of mature markets. (Source: Morgan Stanky Capital International Perspective) Emerging markets Emerging market funds should generally tv a smaller portion of an investor's total portfolio and should be combined with mature market funds and domestic assets. All developed countries started out as emerging markets, even the United States. Some of todays emerging markets are moving from an agriculturally-basesociety to a more industrial economy, while others arc opening up their markets after yean of isolation. Emerging markets are typically more volatile than mature markets. Single countries or single rcgknu investors can construct a diversified international portfolio by combining several regional funds. Allows for access to as many established or emerging regions as desired. SingL country or singL region funds may tv more volatik than emerging and mature markets and arc Lss diversified than many other types of international funds. d Drumming, World Beat Drumming, 6 to 7:30 p.m. Thursdays, Community of Learners School. Mature markets The widest array of International Funds n found in the mature market arena. This strategy enables an investor to participate m the stock markets of laiger, more established countries. These markets generally offer investors more stability in areas such as currency fluctuation and securities regulation. Investing in mature markets can potentially offer less volatility tlian emerging markets. Investors can benefit from access to Lading companies in the Big Six" (Japan, Germany, France, Italy, Great Britain and Canada). Seven of the ten hugest banks in the world arc located outside of the VS., and eight of the ten hugest electronics firms are based overseas. Mental Gymnastics - Exercise Your Brain, nocredit class, 6 to 8 p.m. Thursdays Feb. 24 - April 20, Pueblo Community Louise B. Swearingen Durango, CO Vice President Investments Rodney 9. beginnerintermediate 8 to 9:30 p.m. Tuesdays; advanced 8 to 9:30 p.m. Thursdays at Barefoot Dance Studio, 1301 Florida Road. $8 drop-ins- , $7 students, and $4 kids and seniors. (970) Theater 247-900- Gjbancorp Hall. Free. West Arts Center. and Classes Sense Poetry Workshop, 247-715- 1. 382-382- Protect Your Future Dollars & perform High School honor Band, 7 p.m. Feb. 19, FLC Community Concert Hall. Free. (970) and Art ments: by the Children's Museum of Durango from 10:30 to noon Feb. 19, at the museum, 802 East Second Ave. (970) 259-923- 7. Feb. 20, 5. "Fantasy Creatures," presented Mendelssohn's Violin Concerto op. 64 in E Minor, 3 p.m. Feb. 27, FLC Community Concert Hall. $15 adults, $5 students. (970) 247-765- p.m. 247-707- Tips for investing abroad No matter how you choose to invest in international markets, there are some general strategies to keep in mind: Be xiticnl. IVnT rush into international or global mutual funds on good news and out on bad new. That's a sure formula for buying high and selling kw. Instead, approach international investing as you would any king-terinvestment, and remember, in some foreign markets, king term means 10 years or more. Diversify your investments. To help reduce risk, own funds investing in more than just one country or region. You also may want to diversity your international holdings among stock and txmd funds. AAva.e your assets. Some peopte may he comfortabk' with no more than five vrccnl of their assets invested internationally, while other may want k invest more. If youd like more information about inter national investing through mutual funds, contact an investment professional. He or she will explain the types of funds available, help you determine wlikh ones are best for your situa lion and provide you with the cortvsinding prospectuses. Rodney P. Snvarinxcn is Vkv I'resktenl with the Ihirjnxo oftkv of I .S. Bancorp tyvr Jaffray Inc., a full servkv investment firm fiHiihki in ISH.J Atemher SUV, NYSE. Inc. a Nightlife 884-133- Swedish Massages 9 a.m. to noon Feb. 19 and Massage 26 in at the South West School of Durango. $20. (970) 259-6965- . Just for kids Fred Garbo Inflatable Theater, 3 p.m. Feb. 20, Fort Lewis Community Concert Hall. Comedy Night, national and regional acts, Thursdays, Jester's Comedy Club, Ute Mountain Ute Casino, Towoac. (970) 565-880- 0. Blackjack tournaments, 6:30 p.m. Fridays through March 17, Ute Mountain Ute Casino, Towoac. $25 entry fee included seafood buffet and door prizes. I Nondefwil investment pnxtuets arc not insured by the JVC, are not ttevsits or , Viler otVixaiions .V orfuaran teed by the I .X Rink National Association or its affiliates, and invoke investment risks, incluihnx possible Ah of 0k pniKiful amount invested. Securities product! and sem.es are ottered thrcHi$h f ..V. baihcrp hiwjatirav Iik ., member SIIV and NYSE, hit'., a subsidiary of I JL Bani'orj Brought to you by... U.S. BANCORP PIPER JAFFRAY, INC. OF DURANGO, CO 9 1199 Main Ave. Suite 201, Durango, CO or (970) 385-694- Please visit us at our offices in the Bums Bank building. February 1 8, 2000 - Cross Currents a 17 |