YOUR
FREE
LOCAL
The Traumas
LIVE Matt Hackett
VOLUME 3 ISSUE 12 | MARCH 20 - MARCH 26 | 2019 ARTS, ENTERTAINMENT, HEALTH, PERSONAL FINANCE, & MUSIC NEWSWEEKLY
SPORTS Basketball
HEALTH
Floods- The Psychological Impact
TABLE OF CONTENTS
FOCUS ON THIS WEEK!
- MARCH 26 | 2019
YOUR
LY 12 | MARCH 20 MUSIC NEWSWEEK VOLUME 3 ISSUE NAL FINANCE, & MENT, HEALTH, PERSO FREE ARTS, ENTERTAIN
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LOCAL
The Traumas
LIVE
SPORTS
Basketball
STREAM
Marvin Gaye
Matt Hackett
THE ARTS
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FAMILY
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EVENTS
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HAPPY HOUR
We gathered up some of the BEST Happy Hour spots around the Omaha metro.
Your Daily Guide
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FINANCE
Exchange-Traded Funds: Do They Belong in Your Portfolio? By Michael Herek Sponsored By Blue Capitol Wealth
ON TEN
Focus is your FREE Arts, Entertainment, Health, Personal Finance, & Music Newsweekly. We’ve brought all of these elements together for the first time, ALL in one weekly format. Our goal is to provide you, the customer, with the best possible publication to suit all of your needs. 12 THIS WEEKS FEATURE Getting to Know theGreatest Bass Player That Ever Lived: Jaco Pastorius By Jesse D. Stanek Top Ten Events By Focus Omaha
Focus 7914 W Dodge Rd. # 413 Omaha, NE 68114 14 THE SHOPS AT COUNTRYSIDE VILLAGE (402) 208-6545 focusomaha@gmail.com www.focusomaha.com
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FOCUS ON BENSON
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HEALTH
Floods- Dealing with the psychological impact By Focus Omaha
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SPORTS
Creighton Bluejays, Nebraska Huskers & Omaha Mavericks By Focus Omaha
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LOCAL
The Traumas – One of a Kind By Andy Roberts
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LIVE
Matt Hackett – Sioux City Sax Man By Howard Schwartz
March 21 - Through May 5 Indecent by Paula Vogel Blue Barn Theatre, 1106 S 10th St Omaha Thurs-Fri: 7:30pm/Sun (March 31 & April 14): 2pm/Sun (April 7): 6pm Admission: $35 Adults/$30 Seniors/$28 Military/Educators Phone: (402) 345-1576 Inspired by the true events surrounding the controversial 1923 Broadway debut of Sholem Asch’s God of Vengeance—a play seen by some as a seminal work of Jewish culture, and by others as an act of traitorous libel.
Friday, March 22 | 5p-9p Mac N Cheese Throwdown Courtyard by Marriott Omaha Bellevue at Beardmore Event Center (Bellevue, NE) 3730 Raynor Parkway, Bellevue Bellevue and Omaha metro area, the gloves are off as the city’s most talented chefs, groups, moms, and businesses go head-tohead in a MELTY-CHEESY-SMACKDOWN of epic proportions! YOU decide who will be named the MAC & CHEESE CHAMPION of Greater Bellevue & Omaha Metro Area. Join us on Friday, March 22, 2019 from 5:00 pm - 9:00 pm for the 1st Annual Mac & Cheese Throwdown Bellevue and get your taste on! This event will sell out so don’t wait to get your tickets.
types of creatives are welcome to come hang out, network, and talk about your greatest trials and successes you are facing right now. See you there! ----------------------------------------------------------Bright Half Life Outrspaces, 7:30p Outrspaces 1258 South 13th Street, Omaha Join us at OutrSpaces for this production of Bright Half Life By Tanya Barfield!
Performances at 7:30p on March 22, and 23. Tickets are $25 presale or a $25 suggested Tony Award-winning INDECENT charts the donation at the door. Seating is limited! history of an incendiary drama and the path A moving love story spanning decades in an of the artists who risked their careers and instant — from marriage, skydiving, children lives to perform it. A glorious celebration of the power of theatre to harness the very best Bring the kids: You’ve all asked for it and this and the infinite moments that create a life. of the human spirit. year we’re making it happen! Make it a family Deceivingly insignificant words and interactions ripple through their memories as these ----------------------------------------------------------- event - children 5 and under free. The kids Roots of Compassion will even get to vote on their favorite Mac N two women decide if soulmates is an idea The OM Center, 7p Cheese. worth fighting for. Om Center 1216 Howard St, Omaha Best of all...Every $ from this event is going to Roots of Compassion ... Cultivating Mind of the Bellevue East Chieftain Marching Band! Enlightenment A weekend with Dr. David Bole Ph.D., A.P. TICKETS (Lama Losang) General Admission Tickets (13 years old March 22-24, 2019 Please RSVP: and above): Ticket includes entry into Mac 402.345.5078 & Cheese Throwdown on Friday, March 22, 2019 at Beardmore event Center plus Mac & Join Lama Losang/Dr. David Bole for a fasCheese Samples and 10 voting tickets cinating weekend discussing the philosophy $15 at the door / $10 in advance and practices of Tibetan Buddhism. Call OM to RSVP 402-345-5078 Kids Tickets (6-12 years old): Ticket includes ----------------------------------------------------------- entry into Mac & Cheese Throwdown on Friday, March 22 | 5p - 8p Friday, March 22, 2019 at Beardmore event Figure Drawing Study Center plus Mac & Cheese Samples and 5 The HideAway, 5701 NW Radial Hwy. voting tickets. KIDS 5 AND UNDER FREE!! A figure drawing study for artists of all $10 at the door / $5 in advance experience levels featuring several models in multiple poses each. Charcoal and charcoal Each attendee will receive a voting tickets paper provided. $15/person, message us to and at the end of your exploration, you help reserve your spot today! choose the People’s Choice Award! ----------------------------------------------------------- ----------------------------------------------------------Friday, March 22 | 5p - 9p Friday, March 22 | 7:30p-9p Community Bike Project Omaha, 525 N 33rd Topher Booth // Featured Artist Q&A The Community Bike Project Omaha is hold- Loft 22, 134 N Washington St STE 2, Papiling a one-night only bike-themed art show! lion They’re looking for artists and makers and A loosely structured Q&A style event meant crafters who are inspired by bikes and want to support the bike shop’s community build- to connect creative freelancers, artists & entrepreneurs. Create personal connections ing efforts by participating in the art show. Bring your awesome bike-centric artwork to at this event for questions, referrals, etc. All display and sell at the shop, all submissions will be accepted! ExhiBIKEtion is an all-ages FOCUS OMAHA art show, and youth are encouraged to WHAT’S YOUR FOCUS? submit art!
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Focus | March 20 - March 26 | Volume 3 Issue 12
Starring: Regina Palmer as Vicky Be Louis as Erica Director and Producer — Be Louis Stage Manager and Lighting Designer — Haley Clark Costume Designer — Regina Palmer Bright Half Life is presented by OutrSpaces’ and is a part of our Artist Collaborative Event series. ----------------------------------------------------------SATURDAY, MARCH 23 Haunticon Omaha 2019 Sokol Auditorium , 2234 S 13th St., Omaha 11am to 7pm Haunticon Omaha is a convention consisting of all things paranormal! Meet & greet people that you have watched on paranormal television shows over the years - Ghost Hunters, Ghost Hunters International, and others! Check out over 50 vendors, key note speaking sessions, interactive classes, an
escape room, the Premier of “A Brush With Evil III”, and more. Thursday, March 21-Saturday, March 23 Imana Kids Gala & Fundraiser Event Series KANEKO, 1111 Jones St. Omaha To kick it off our event series we start on Thursday at 6:30 at KANEKO! We invite you to join us for drinks before hearing our renowned speaker, Immaculee Ilibagiza, from Rwanda. She survived the Rwandan genocide in 1994, has written and published multiple books, and will tell us all about her life during a 90-min presentation. Lean in and hear all about her journey to faith, forgiveness and freedom! ($100) *Business Casual
Friday: Citylight Benson Church, 5612 Corby St, Omaha, NE 68104, 7:00 PM Join us for a free family movie night as we watch the film “Beautifully Broken.” Saturday: KANEKO, 1111 Jones St. @ 5p Join them for a cocktail hour, a silent auction, a program featuring one of their very own Imana Kids, and dinner to follow. ($100) *Cocktail Attire ------------------------------------------------------Through April 31 Here Comes the Sun Artists’ Cooperative Gallery, 405 S 11th St, Omaha, NE 68102 The thirty-four members of the Artists’ Cooperative Gallery will share new works and selected favorites during the All Member show “Here Comes the Sun” February 26 to March 31, 2019. The artists will host an
opening celebration during Omaha First Friday at the Artists’ Cooperative Gallery, 405 S. 11th St., from 6 p to 9 p Friday, March 1, 2019. Gallery hours are 12 p to 6 p Tuesday through Thursday, 11 a to 10 p Friday and Saturday, and noon to 6p Sunday. -------------------------------------------------- Through June 23 American Democracy: A Great Leap of Faith Durham Museum, 801 S 10th St Omaha American Democracy: A Great Leap of Faith, explores America’s bold experiment in a government “of, by, and for the people.” Featuring engaging multimedia experiences, immersive design, and artifacts from the Smithsonian and state historical organizations, it demonstrate that democracy relies on our active participation. ------------------------------------------------------‘30 Americans’ Exhibition Joslyn Art Museum, 2200 Dodge St Admission: $10 Adults/$5 College Students/Free for Members & Youth ages 17 and younger Phone: (402) 342-3300 This exhibition brings together over 60 works by contemporary African American artists focusing on important issues of racial, gender, and sexual identity; ongoing narratives of racial inequality in the United States; poverty; racial stereotyping; and the power of protest. -------------------------------------------------------
WHAT’S YOUR FOCUS?
Focus | March 20 - March 26 | Volume 3 Issue 12 5
Unlock Midtown Midtown Crossing at Turner Park , 11a PRESENTED BY SPIELBOUND Friday, March 22 – Sunday, March 24 11am-5pm Check in at Spielbound (3229 Harney St, Omaha, NE 68131) Free & open to the public; family-friendly Spielbound is introducing a NEW and FREE neighborhood-wide game comprised of a series of 11 puzzles across 11 retailers.
bounce-back from the retailer hosting the puzzle before moving on to another one of the retailers listed below. Participating retailers include: Alamo Drafthouse Cinema, Cantina Laredo, Corky Boards, Culprit Cafe and Bakery, LeadBelly Omaha, Pickleman’s, Ray’s Original Buffalo Wings, Spielbound, The Afternoon, Waxing The City Omaha (Midtown), & Wohlner’s Grocery and Deli.
So what is the ultimate goal? Solve for all 11 codes to be entered to win a Midtown CrossYou can enjoy this interactive experience ing Prize Package worth more than $150. with family and friends for one weekend only. Once you’ve successfully completed all 11 All 11 participating retailers have different codes, return your Unlock Midtown guide to puzzles in need of solving inside their stores, Spielbound to be entered into the drawing. and your mission is to successfully complete each one. For more information, visit MidtownCrossing.com/Events To start your sleuthing, pick up an Unlock -----------------------------------------------------Midtown guide at Spielbound. This will have Through September 1 a list of all participating retailers and provide ATTIC ADVENTURES you a place to keep track of codes solved. Omaha Childrens Museum, 500 S 20th St Attic Adventure offers a variety of handsFor each code solved, you will receive a on learning experiences for children in the
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Focus | March 20 - March 26 | Volume 3 Issue 12
imaginative setting of Omaha Children’s Museum’s attic. The exhibit contains popular components from past exhibits alongside new interactive spaces that utilize items commonly found in attics like instruments, stuffed animals, and dress-up clothes. The wide variety of exhibits and types of play allow for children to pursue their own interests and self-direct play. Intertwined with the exhibit is a scavenger hunt that encourages children to explore the exhibit as they observe, solve, and decode. Activities in the exhibit will include: -LEGO Vehicle Building and Test Track -Werner Semi Truck -Musical Experimentation -Tea Party Table and Stuffed Animals -Dress-Up Area and Costume Chest -Giant Operation Game -Suspended Kayak -Climbing Wall -Imagination Playground Blocks -Dentist Chair -Scavenger Hunt
Included with museum admission http://www.ocm.org -----------------------------------------------Through April 23rd I LET THEM IN. Conditional Hospitality and The Stranger, Bemis Center for Contemporary Arts, 724 South 10th St. “I let them in. Conditional Hospitality and The Stranger” is a two-person exhibition featuring videos by Kader Attia and Candice Breitz, curated by Taraneh Fazeli, 2018 Bemis Curator-in-Residence. Amidst the current “migration crisis,” these artworks interrogate who is afforded the right to speak or the ability to be understood considering dominant representational narratives and the political, socio-psychological and technological systems that shape our understandings of self and the communal. http://bemiscenter.org/iletthemin
Family events continued onto the bottom half of page 7.
EVENTS THURSDAY, MARCH 21 Murk & Yung Cat SPRING BLING CUBE Ultra Lounge, 8p --------------------------------------------------Singo Night 3rd Base Bar & Grill, 8p FRIDAY, MARCH 22 Fork in the Road Amerisports Bar, 8:30p --------------------------------------------------Midwest Move Makers Tour OFace Bar, 9p SATURDAY, MARCH 23 Pig Roast for Charity and Karaoke FOE Eagles #104, 6p --------------------------------------------------Fork in the Road Amerisports Bar, 8:30p Family events continued from page 6. Through April 28th Oliver Jeffers: 15 Years of Picturing Books Joslyn Art Museum, 2200 Dodge This exhibition chronicles Oliver Jeffers’ development and success as a children’s book artist, including illustrations from The Day the Crayons Quit and The Day the Crayons Came Home, both The New York Times #1 Best Sellers. A Mind’s Eye Gallery exhibition. -----------------------------------------------Omaha’s Henry Doorly Zoo and Aquarium Passes 3701 S 10th St, Omaha Free Passes to Lauritzen Gardens can be checked out for Members of Omaha Public Libraries and Council Bluffs Library! Adults ages 18+ who are Douglas County residents or have a non-resident paid membership to OPL are eligible to check out the tickets. Accounts with outstanding balances greater than $25 may start a payment plan in order to obtain a ticket. Expired accounts must be renewed and outstanding fines must be paid in order to obtain a ticket. Due to the great demand and limited supply, tickets cannot be held or reserved. Tickets are good for one-time use. Only one ticket per library card and customer can be issued, admitting up to two adults and six children. An OPL library card must be presented to the zoo at the time of redemption.
WHAT’S YOUR FOCUS? Focus | March 20 - March 26 | Volume 3 Issue 12 7
KoZee Karaoke KoZee Lounge. 9p -------------------------------------------------------Happy Hippie Hour with Carrie Jean BADgeneration Open Mic 4 Musical Mash Up at B Bar with Tim Budig The Down Under Lounge, 3p Lookout Lounge, 9p -------------------------------------------------------- Thu 5:30 PM · The B. Bar --------------------------------------------------------------------------------------------------------------Dr. Webb Music Latin NIght, Rehab Lounge, 9p Jeff Jensen Band The Down Under Lounge, 4:20p --------------------------------------------------------------------------------------------------------------- Chrome Lounge, 6p Chris Shelton ----------------------------------------------Beer, Bingo & Trivia Dubliner Pub, 9:30p Ed Archibald Kros Strain Brewing Co., 6p --------------------------------------------------------------------------------------------------------------- Ozone Lounge, 6:30p Punch Clock Martyrs w/Gottberg Solo -------------------------------------------------------Bozak and Morrissey The Down Under Lounge, 9:30p Jeremiah Dane Ozone Lounge, 6:30p --------------------------------------------------------------------------------------------------------------- Vino Mas, 7p EDM Thursdays -------------------------------------------------------CD 105.9 Whiskey Wednesday Candlelight Lounge, 10p Sounds of Comfort with 3gypt Library Pub, 7p -------------------------------------------------------- The B Side of Benson Theatre, 7p FRIDAY MARCH 22 -------------------------------------------------------Trivia, Stocks n Bonds, 7p Acoustic Open Mic Night -------------------------------------------------------The New Frontier Bar, 7p Acoustic Open Mic Night Unlock Midtown -------------------------------------------------------The New Frontier Bar, 7p Midtown Crossing at Turner Park, 11a -------------------------------------------------------- Skretta Etc., Vino Mas, 7p --------------------------------------------------------------------------------------------------------------The DiBaise Brothers Face-To-Face With Black History Exhbit Mainstream Jazz Quintet, Jambo Cat, 7:30p Therapy Bar & Grill, 7p Great Plains Black History Museum, 1p -------------------------------------------------------- -------------------------------------------------------- -------------------------------------------------------Steve-O, Omaha Funny Bone, 7:30p Jorge Nila and the Jazz Ninjas Women’s Midlife Reinvention Conference -------------------------------------------------------Jambo Cat, 7:30p Omaha Design Center, 1p -------------------------------------------------------- Dan + Shay: The Tour -------------------------------------------------------with special guest Morgan Evans The Temptations & The Four Tops Arendelle At Night Orpheum Theatre, 7:30p Orpheum Theatre, 7:30p Omaha Children’s Museum, 4p -------------------------------------------------------- -------------------------------------------------------- -------------------------------------------------------Trivia, The Sociable Inn, 7:30p Josh Hoyer Solo ExhiBIKEtion -------------------------------------------------------The Omaha Lounge, 7:30p Community Bike Project, 5p -------------------------------------------------------- Mace Hathaway, Growler USA, 8p --------------------------------------------------------------------------------------------------------------Comedy Open Mic w/ Dusty Stehl Mac N Cheese Throwdown Thursday Night Trivia, Nifty Bar, 8p Barley Street Tavern, 8p Courtyard by Marriott, Bellevue, 5p -------------------------------------------------------- -------------------------------------------------------- -------------------------------------------------------The Zealots, RGF / Beryllium Takeover Thursday Night Trivia, Nifty Bar, 8p Figure Drawing Study, The HideAway, 5p -------------------------------------------------------- Reverb Lounge, 8p --------------------------------------------------------------------------------------------------------------The FLOcase: A Comedy Show Chris Shelton, The Cove Lounge, 5p Better Oblivion Community Center Reverb Lounge, 8p --------------------------------------------------------------------------------------------------------------- Lala Lala, Christian Lee Hutson The American Fish Fry Slowdown, 8p Aly Peelers Open Mic Night American Legion Post #1, 5:30p -------------------------------------------------------The Down Under Lounge, 8p --------------------------------------------------------------------------------------------------------------- MarchFourth , The Waiting Room, 8p 39th Annual Truman Dinner -------------------------------------------------------Trap House Livestock Exchange Ballrooms, 5:30p Dirty Thursday w/ Tony Prince, Bar 415, 9P Bar 415, 9p --------------------------------------------------------------------------------------------------------------- -------------------------------------------------------- Human Condition Public Tours King Me and Sugarpulp Karaoke w/ Host Adam Flohr KANEKO, 6:30p Barley Street Tavern, 9p Brokedown Palace, 9p --------------------------------------------------------------------------------------------------------------- -------------------------------------------------------- Hybrid Theory with Chop Suey! and Altura Ladies Night Sam Riggs & Read Southall Band Lookout Lounge, 7p Copacabana Cocktail Lounge, 9p The Waiting Room, 9p --------------------------------------------------------------------------------------------------------------- -------------------------------------------------------- Hoggy D Feat. Yella Beezy - Gotdamn “Video Thirsty Thursday Karaoke Open Mic Night (Hosted by Stathi) Release Party” Love’s Jazz & Arts Center, 7p Forte Music Hall, 9p The B. Bar, 9:30p --------------------------------------------------------------------------------------------------------------- -------------------------------------------------------- Sips & Dips: Grease Night Imana Kids Gala & Fundraiser Event Series Wednesday Night Karaoke with Brixz Omaha Ballroom, 7p KANEKO , 6:30p Brokedown Palace, 10p -------------------------------------------------------- --------------------------------------------------------
WEDNESDAY MARCH 20
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Focus | March 20 - March 26 | Volume 3 Issue 12
Roots of Compassion , The OM Center, 7p -------------------------------------------------------MagicK K, Therapy Bar & Grill, 7p -------------------------------------------------------EVE TO ADAM, Artifas, City of the Weak, & Mixed Martial Audio , Wired Pub, 7p -------------------------------------------------------Indecent by Paula Vogel Bluebarn Theatre, 7:30p -------------------------------------------------------Topher Booth, Loft, 7:30p -------------------------------------------------------Steve-0 Omaha Funny Bone, 7:30p/9:45p -------------------------------------------------------Bright Half Life, Outrspaces, 7:30p -------------------------------------------------------The Diamonds!, Ramada Plaza Omaha, 7:30p -------------------------------------------------------Tori Kelly: The Acoustic Sessions Holland Center Omaha , 8p -------------------------------------------------------A LATE FALL w/ Bazile Mills, Slowdown, 8p -------------------------------------------------------Black Moth Super Rainbow Steve Hauschildt / High Tides The Waiting Room, 8p -------------------------------------------------------Banda MS Tour Con Todas Las Fuerzas Baxter Arena, 8:30p -------------------------------------------------------TyiHakeem&Friends The Omaha Lounge, 8:30p -------------------------------------------------------Lash LaRue & the Hired Guns / Wagon Blasters / Pink Flamingos Barley Street, 9p -------------------------------------------------------Simplicated, Dr. Jack’s Drinkery, 9p -------------------------------------------------------The 9’s, Growler USA, 9p -------------------------------------------------------Dustin Prinz, Harney Street Tavern, 9p -------------------------------------------------------Taxi Driver, Ozone Lounge, 9p -------------------------------------------------------The 90’s Nostalgia Party Parliament Pub West, 9p -------------------------------------------------------Blue Moon Ghetto, Reverb Lounge, 9p -------------------------------------------------------Eve to Adam, Artifas, and City of the Weak Wired Pub & Grill -------------------------------------------------------Vince Swaney Band w/Motherhood & Brixz The Down Under Lounge, 9:30p -------------------------------------------------------Wild Colonial Bhoys, Dubliner Pub, 9:30p -------------------------------------------------------FYRER FEST PARTY, Karma Nightclub, 10p
Wild Colonial Bhoys , Dubliner Pub, 9:30p -------------------------------------------------------Tucker Hill Citizens Brigade Junktoberfest - Spring Edition Harney Street Tavern, 9p Southroads Mall, Bellevue, 9a --------------------------------------------------------------------------------------------------------------- Trivia, Julio’s, 9p RSBH Presents: Bockfest ‘19 -------------------------------------------------------Rathskeller Bier Haus, 10a Safekeeper ~ Bach Mai ~ Death Cow -------------------------------------------------------- O’Leaver’s Pub, 9p Haunticon Omaha 2019 -------------------------------------------------------The Sociable Inn, 12p Eckophonic, Ozone Lounge, 9p -------------------------------------------------------- -------------------------------------------------------2019 Prom Expo Patrick Conrad Live Love’s Jazz & Arts Center, 12p Rathskeller Bier Haus , 9p -------------------------------------------------------- -------------------------------------------------------First Race Of The Season. AJ21K’s 2019 Debut Space Monkey Mafia, Bombs Blast / Liar Wire Werner Park, 2p Reverb Lounge, 9p -------------------------------------------------------- -------------------------------------------------------Chris Tomlin:Holy Roar Tour,Baxter Arena, 5p Satchel Grande w/ Andrew Bailie -------------------------------------------------------- Slowdown, 9p Imana Kids Gala & Fundraiser Event Series -------------------------------------------------------KANEKO, 5p The 2nd Annual Punk Rock Prom A Go Go w/ -------------------------------------------------------- Graveyard Smash / RAF / A Summer Better Enterprise Earth, Lookout Lounge, 6p Than Yours / Heat Waves, Waiting Room, 9p -------------------------------------------------------- -------------------------------------------------------Supper , Firewater Grille, 7p Lucky Seven with Square One , Wired Pub, 9p --------------------------------------------------------------------------------------------------Katy Kinard Live , The Well, 7p Wild Colonial Bhoys, Dubliner Pub, 9:30p -------------------------------------------------------- ----------------------------------------------------Live Music w/ Dustin Prinz , Vino Mas, 7p Slow Stoics -------------------------------------------------------- The Down Under Lounge, 9:30p Justin Timberlake - The Man Of The Woods Tour, CHI Helth Center, 7:30p SUNDAY MARCH 24 -------------------------------------------------------Havana Cuba All-Stars presents Asere! Orpheum Theatre, 7:30p Winnie the Pooh -------------------------------------------------------- The Rose Theater, 2p Bright Half Life, Outrspaces, 7:30p --------------------------------------------------------------------------------------------------------------- Still Here Karaoke & Music, Smitty’s Garage, 8p American Legion Post #1, 3p -------------------------------------------------------- -------------------------------------------------------Trivia & Karaoke Night, Stumble Inn, 8p 4th Annual Wining in the Dark -------------------------------------------------------- Nosh Wine, 4p Snakeblood, Ruger & TheCitizens -------------------------------------------------------Bar 415, 8p Omaha Sister City Gala -------------------------------------------------------- Milo Bail Student Center, 5p The Matt Amandus Jazz Trio , Jambo Cat, 8p --------------------------------------------------------------------------------------------------------------- Rock the Nest Trivia Night 2019 4 On The Floor, Therapy Bar & Grill, 8p Omaha Design Center, 5:30p -------------------------------------------------------- -------------------------------------------------------USBG Iron Bartender Throwdown Bonehart Flannigan, Matt Woods & McCarThe Sydney, 8p thy Trenching, O’Leaver’s Pub, 6p -------------------------------------------------------- -------------------------------------------------------Western Electric w/ Smokin’ Shepherd & Liz Cooper & The Stampede, Reverb Lounge, 7p Sawyer Jay, Barley Street Tavern, 9p --------------------------------------------------------------------------------------------------------------- My Favorite Murder Live , Orpheum Theatre, 8p Taylor Smith, Chrome Lounge, 9p --------------------------------------------------------------------------------------------------------------- Booze Bingo!, The Down Under Lounge, 8p The Pinheads, Dr. Jack’s Drinkery, 9p ---------------------------------------------------------------------------------------------------------------
SATURDAY MARCH 23
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Monterey Jazz Festival HOLLAND CENTER
Events continued from page 9 -------------------------------------------------------Monterey Jazz Festival Copeland w/ From Indian Lakes & Many Holland Center, 7:30p Rooms, The Waiting Room, 8p --------------------------------------------------------------------------------------------------------------- Mitch Towne Jazz Organ Trio, Jambo Cat, 7p Judd Hoos , Horsemen’s Park, 9p --------------------------------------------------------------------------------------------------------------- Benson Songwriter Exchange, Petshop, 7:30p Karaoke, The Down Under Lounge, 10p -------------------------------------------------------Hector Anchondo The Omaha Lounge, 7:30p MONDAY MARCH 25 -------------------------------------------------------Open Mic Jam , Brokedown Palace, 8p Happy Hour! -------------------------------------------------------The Down Under Lounge, 3p Jerry Paper with Healing Potpourri -------------------------------------------------------- Reverb Lounge, 8p Aly Peeler and Andrew Bailie -------------------------------------------------------Monarch Prime & Bar, 6:30p Animated Everything Trivia -------------------------------------------------------- The Down Under, 8p Ozone Big Band, Ozone Lounge, 6:30p --------------------------------------------------------------------------------------------------------------- Ripe Tour 2019 with Waker Early Karaoke, Forte Music Hall, 7p The Waiting Room, 8p -------------------------------------------------------- -------------------------------------------------------BINGO at Southwest Karaoke, Bar 415, 9p Infusion Brewing Company, 7p --------------------------------------------------------------------------------------------------------------- Quiet Oaks - nashville / Hussies Michelle Eva Bleu w/ B. Baldwin brothers lounge, 9p The Omaha Lounge, 7:30p --------------------------------------------------------------------------------------------------------------- Matt Hackett Trio Ghost Light, Mr E & the Stringless Kite Pageturners Lounge, 9p Slowdown, 8p --------------------------------------------------------------------------------------------------------------- Karaoke, The Down Under, 10p Karaoke, Dubliner Pub, 10p --------------------------------------------------------------------------------------------------------------Karaoke, The Down Under Lounge, 10p
TUESDAY MARCH 26 Happy Hour with the Brandon Armstrong Trio , Holland Center, 6:30p -------------------------------------------------------The AXE is Family Tour, Lookout Lounge, 6p -------------------------------------------------------Musician Appreciation Jam Therapy Bar & Grill, 6p -------------------------------------------------------Grace/ Billy Troy, Ozone Lounge, 6:30p -------------------------------------------------------Open Jam hosted by Scott Moyer Barley Street Tavern, 7p -------------------------------------------------------Harry Potter Trivia Big Red Restaurant & Sports Bar, 7p -------------------------------------------------------Early Karaoke Forte Music Hall, 7p -------------------------------------------------------Trivia, Goldeez, 7p -------------------------------------------------------Charlie Alley Growler USA, 7p -------------------------------------------------------BINGO at Southwest Infusion Brewing Company, 7p -------------------------------------------------------an Evening with Andrew Rannells KANEKO, 7p -------------------------------------------------------Mark Does Drag- Charity Event Nifty Bar, 7p -------------------------------------------------------Prof w/ Mac Irv, Cashinova, Willie Wonka Slowdown, 7p
Focus | March 20 - March 26 | Volume 3 Issue 12 11
Getting to Know The Greatest Bass Player Who Ever Lived: Jaco Pastorius By Jesse D. Stanek
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Focus | March 20 - March 26 | Volume 3 Issue 12
John Francis Anthony “Jaco” Pastorius III is the greatest bass player the world has ever known. As both a music critic and a reasonable person I’m loathe to write in absolutes, and while I would never write such a grandiose statement about any other musician, Jaco’s revolutionary way with the bass guitar mandates such acknowledgment. There was a lyricality to the bass when Jaco played, a sing-songy melody you don’t hear anywhere else. There was also a profound understanding of the electric bass and an impressive innovation born of manipulation and tinkering. As his playing improved Jaco wanted that jazz sound so he bought a standup bass. The South Florida humidity had its way with the instrument, leaving it literally in pieces. Jaco grabbed a kitchen knife and popped the frets off his electric bass. Playing fretless gives the music a deeper resonance, almost like that of a cello. It was in this unique environment where Jaco was able to establish a tone that would thunder through the ages, the fretless set-up was the canvas Pastorius painted on.
“8:30” is the best live document of Pastorius’ playing with WR. Recorded on tour in 1979, the album finds the band playing with an energy and urgency rarely heard. Jaco’s bass is like a rhythmic machine-gun, spitting grooves rapid fire and without hesitation, dancing in-front-of and behind the rest of the band. The tracklist includes two Pastorius compositions, “Teen Town” and “Slang,” both of which became WR live staples during the period. Combined with the recently released “The Legendary Live Tapes: 1978-1981” (over 4 hours of WR at a career high-water mark), you’ll get a sense of the monster player Jaco was and the magnitude of his contributions to the instrument.
A recent documentary “Jaco,” does a great job of showcasing his larger-than-life personality and his lasting artistic footprint. The film features a boatload of rare Jaco footage as well as deserved praise from single-named bass greats like Flea and Sting. The documentary was produced in part by ultra-fan/ Metallica bassist Robert Trujillo and after almost 2 hours of watching the funny little Pastorius’ playing always had that big sound, man on the fretless and listening to others full and robust in the ears. He was talkative paint a portrait of a tortured genius, you’re with the instrument, energetic with his left with a fairly good idea of the importance musical speech. He could slow his roll and of Pastorius’ work. I was surprised by the step in the background when the song called lack of input from Jaco’s old-time Florida for it, but it’s never long before he’s all up in buddy and guitar ace Pat Metheny. The two your face again with that bass. Addiction and collaborated on many fine recordings and mental illness dogged Jaco for the better Metheny was even brought on board to part of his short life. The fret-less four-string fill out Joni Mitchell’s road band on Jaco’s was his salvation, his means of communicat- recommendation. Metheny’s “Bright Size ing with a world he couldn’t always make Life” might be the best studio example of sense of. Jaco lived his life like he played his the overwhelming powerful mood Jaco was bass, fearless and often even reckless. His capable of establishing when he slowed his legend is littered with countless tales of the playing, dancing in and out of Metheny’s brash little man walking into a room and de- complex string work, and allowing the bass claring himself “the best bass player in the tone to fill out its own hushed conversations. world” and he was certainly living recklessly the night he pushed an over-eager club 1976’s “Jaco Pastorius” remains my go-to bouncer over the edge and was killed. when I need a fix of that one-of-a-kind bass. “Come On, Come Over” is one of the greatLike most fans, I first learned of Jaco est funk tracks ever recorded, bombastic through his work with the legendary jazz and booty-shaking, the cut is sure to grab fusion band Weather report. WR served some who may shy away from Jaco’s more primarily as a vehicle for pianist/composer experimental offerings. Songs like “Kuru/ Joe Zawinul and sax great Wayne Shorter. Speak Like A Child” and “Portrait of Tracy” While the band’s sound started out more show a more reserved, reflective side of the in the vein of Miles Davis’ “Bitches Brew,” master, Jaco just talking it through on the heavily improvisational and free, by the four-string. The master creating his own time Jaco came on board in the mid-1970s element. “Continuum” is classic Pastorius, the band had evolved towards a more all cool bass groove and articulated emotion. pre-structured and groove based sound. His cover of Charlie Parker’s “Donna Lee” is The playing may not have been as groundan extremely ambitious cover and one which breaking or daring, but the musicianship Jaco plays with aplomb. To bring his vision remained impeccably amazing. Released in to reality Pastorius enlisted several longtime 1977, “Heavy Weather” is a great introduc- collaborators like Herbie Hancock, Hubert tion to the band’s overwhelming catalog. Laws, David Sanborn, Michael Brecker, and The opening track, “Birdland,” brought Don Alias, all of whom bring an extremely the band a new level of exposure and sold competent pallet and sensibility to the surprisingly well for an instrumental single. recordings. This record belongs on the shelf The record remains one of Columbia Jazz’s of every jazz lover, right alongside Coltrane’s best-selling releases. Many critics and fans “A Love Supreme” and Miles Davis’ “Kind of believed the whole jazz-rock thing was Blue.” losing steam at this time, running its inevitable commercial course. “Heavy Weather” showed there was still fresh ideas and inventive playing within the idiom. continued on page 13
You can’t discuss Pastorius’ legacy without bringing up the records he worked on backing Joni Mitchell. After the studio musicians, she was working with insisted she needed jazz players to fulfill her vision she enlisted Jaco. Her overture to Pastorius resulted in some of Mitchell’s best work. On her 1980 live record “Shadows and Light” you’ll hear both Jaco and Metheny doing their respective things behind Mitchell’s angelic voice. Jaco sounds like an overprotective little brother on much of his work with Mitchell, smooth bass lines up front in the mix, almost shadow-boxing behind her vocals. Metheny’s guitar provides an excellent counterpoint to Pastorius’s lunging and chugging bass lines. Sometimes you just want bass in the speakers and Pastorius’ catalog is a fun and rewarding refuge for those moments.
Pat Metheny “Bright Size Life” Joni Mitchell “Shadows and Light” Focus On The Stream/Getting to Know is a weekly column by contributing writer Jesse Stanek. Each week the column will introduce (or in the case of many artists reintroduce) the reader to a different band or artist and tell you why they’re worth checking out. The column will recommend albums by the artist/band to stream or download.
Records to Stream/Download: Weather Report “Heavy Weather” Weather Report “8:30” Weather Report “The Legendary Live Tapes: 1978-1981” Jaco Pastorius “Jaco Pastorius”
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Shinedown w/ Papa Roach and Asking Alexandria at Pinnacle Bank Arena By Focus Omaha Last Friday night was an evening to remember as Asking Alexandria lead singer Danny Worsnop lacked no energy taking to the stage bellowing his poetic lyrics at the crowd while pushing everyone to take to their feet and hold their hands in the air. He used the center walkway with confidence even kneeling during a part of his third and newest song. Not to be undone, Papa Roach’s high octane performance then made all attending jump to the beat. Jacoby Shaddix took to the center stage with such passion it took fans back in time and he kept that energy going from the opening drum beat all the way until when they exited to the admiration and mass roar of the full arena. The band played all the classic favorites that gave the group stardom and even brought out a few of latest album hits.
The lighting effects mixed with welltimed pyrotechnics made it feel like you were in a much larger venue. The group opened with some of their newer songs while mixing in crowd favorites that Shinedown has come to be remembered for. All in all, an incredible experience from start to finish. These guys all still know how to bring the energy home, making this a tour well worth traveling for.
Shinedown opened their set to a full musical intro featuring pyrotechnics. They haven’t lost their touch putting on a show and quickly had the crowd pitched into a heated fever of excitement. Dominating the set, the group took full advantage of all three stages set up for the tour.
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Floods- Dealing with the psychological impact By Focus Omaha
The physical destruction of a flood can vary, with some carrying away everything in its path, including houses, bridges, cars, and even people who may be trapped or wading in water. It’s normal for people to experience emotional distress during a flood. Simply anticipating the possibility of what could be lost or destroyed during a flood can cause people to experience overwhelming anxiety or lose sleep. Other signs of emotional distress related to floods include: Feeling helpless or hopeless Constant yelling or fighting with family and friends Excessive absences from work or school Having thoughts and memories related to the flood that you can’t get out of your head.
Where Can I Get Help? If you or someone you know shows any of these symptoms for two weeks or more, whether you know they are in relation to a flood or if it is unclear how they You are not alone! Call the Disaster Distress Helpline at 1-800-985-5990 or text TalkWithUs to 66746 for support and counseling. The Disaster Distress Helpline is a national hotline that provides 24/7, year-round crisis counseling for people who are experiencing emotional distress related to any natural or human-caused disaster. This toll-free, multilingual, and confidential crisis support service is available to all residents in the United States and its territories. Spanish-speakers should text Hablanos to 66746. English speakers in U.S. territories textTalkWithUs to 1-212461-4635. Calls and texts are answered by trained, caring counselors from crisis call centers located throughout the United States.
Who is at Risk for Emotional Distress? People at risk for emotional distress because of floods include: • Flood survivors. People living in Here are some of the warning signs and risk impacted areas, particularly children factors for emotional distress: and teens, previously exposed to - Eating or sleeping too much or too little traumatic, life-threatening situations - Pulling away from people and things during a flood. These people may also - Having low or no energy have once been displaced. - Having unexplained aches and pains, such • Friends and loved ones. It’s normal for as constant stomachaches or headaches friends and family members located - Feeling helpless or hopeless outside the impacted area to feel - Excessive smoking, drinking, or using drugs, anxious about people who are in direct including prescription medications proximity to a flood. - Worrying a lot of the time; feeling guilty • First responders and recovery workers. but not sure why These individuals may experience - Thinking of hurting or killing yourself or prolonged separation from loved ones someone else (depending on the severity of the flood) - Having difficulty readjusting to home or and show signs of mental fatigue. work life
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Once warnings for floods are issued, the risk for distress becomes greater. It’s normal to feel unprepared, overwhelmed, or confused, particularly if you are not at home. You may also feel isolated due to telephone or electric power outages, or if you are separated from friends or family members. Returning to a home, business, school, or place of worship impacted by a flood may cause additional distress, especially if there is structural damage. A temporary or permanent loss of employment may also occur. Remember, too, that the anniversary of a disaster or tragic event can renew feelings of fear, anxiety, and sadness in disaster survivors. Certain sounds, such as streaming water or sirens, can also trigger emotional distress. These and other environmental sensations can take people right back to the event, or cause them to fear that it’s about to happen again. These “trigger events” can happen at any time.
Treatment at the University of Nebraska College of Medicine stated that community support from counseling centers will be ongoing, Dr. Edwards also talked about the importance of seeing you regular Doctor to help with loss of sleep, anxiety, etc. associated with the ongoing stress. She told Focus, “Also take time to connect with the community and family members. It’s important to remember you’re not alone. Deep breathing, meditation and other practices can also help with the reduction of ongoing stress and anxiety while also helping to manage the ongoing stresses related to the rebuilding process.” (Some Information provided by SAMHSA, for more info go to samhsa.gov) Special thanks to Dr. Lauren Edwards, Assistant Professor and Medical Director, Anxiety and Subspecialty Treatment at the University of Nebraska College of Medicine
People can experience a wide range of emotions before and after a disaster or traumatic event. There’s no right or wrong way to feel. However, it’s important to find healthy ways to cope when these events happen. Solutions Dr. Lauren Edwards, Assistant Professor and Medical Director, Anxiety and Subspecialty
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State in the Summit League final last Tuesday in Sioux Falls. After multiple comeback wins, the Mavs were unable to work their magic with the NCAA bid on the line. Mitch Hahn scored a team-high 16 points with seven rebounds, and Zach Jackson added 15 points. Matt Pile collected his team-leading 10th double-double of the year on 12 points and a game-best 14 rebounds. KJ Robinson finished with 11 points for Omaha as the club ended the season with 21 wins, a record for the Division I era.
Creighton Bluejays
Nebraska Huskers
Creighton’s five-game win streak and NCAA Tournament hopes ended on Thursday with a first-round loss to Xavier at Madison Square Garden. The Jays record fell to 18-14 as Ty-Shon Alexander’s last second 3-pointer and potential game- winner was blocked.
After falling short to Wisconsin in the third By Focus Omaha round of the Big Ten tournament 66-62, the Nebraska men’s basketball program will make The Omaha Mavericks played with fire once its second straight postseason appearance, too often and feel 73-63 to North Dakota as the Huskers were selected for the 2019 National Invitational Tournament. Nebraska, 18-16 record, is a No. 4 seed in the NIT and will meet Butler (16-16), a No. 5 seed, on Wednesday at Pinnacle Bank Arena.
By Focus Omaha
Alexander had 21 points to lead Creighton with Martin Krampelj added 14 and Mitch Ballock chipping in 10. Most of the young team’s contributors look to return next season, and on Sunday they accepted a bid to play in the NIT. Creighton was to host a first-round game on Tuesday against 20-13 Loyola-Chicago – a Final Four team last year coached by CU alum Porter Moser. A win would allow them to host the winner of Memphis and San Diego at a date to be determined. It is the 21st time in the last 22 seasons Creighton has made a post-season tournament and 35th time in school history.
By Focus Omaha
“We are excited to have our season continue, especially for our seniors who wanted to return to postseason play,” Nebraska coach Tim Miles said. “We had our share of struggles at times, but I think the way we have played over the final two weeks of the season is a testament to our players and the character they have . . . we are looking forward to the postseason challenge.” Butler tied for eighth in the Big East at 7-11 mark and features guard Kamar Baldwin, a second-team All-Big East selection who averaged 17.2 points, 5.0 rebounds and 3.2 rebounds per game. The 2019 NIT is the 26th postseason appearance in school history and 19th time NU has been selected for the NIT. The Huskers are 23-17 all-time in the tournament, including a 1996 championship. This will also be a great time to see what could be “The Green Miles,” as it would be surprising to most if Miles retains his position at the end of the post-season.
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However, stranger things have happened and history has shown it’s not likely premier coaches are leaping at the opportunity to coach at Nebraska. Stay Tuned!
#FocusOmaha Focus | March 20 - March 26 | Volume 3 Issue 12
Omaha Mavericks
NDSU, which lost twice to Omaha during the regular season, advanced to the NCAA Tournament with the league’s automatic bid. South Dakota State earned the Summit League’s automatic NIT bid by virtue of winning the regular season title. Omaha announced it would end the season and not complete in one of the expensive pay-toplay post season tournaments.
The Traumas – One of a Kind By Andy Roberts
Their Facebook page says it best: This is a band like no other!
The band has a strong collection of originals in its repertoire plus some covers.
The Traumas are a mix of rock, R&B, and blues “We are definitely going to record,” she said. to get any audience on their feet!. “We perform our originals mixed in with the Described by singer Ruth Michelle Nash as covers.” an “Afro Punk” band, they are hitting the local scene in an effort to establish themselves. A This promises to be an exciting band with St. Patrick’s Day gig at The Omaha Lounge dynamic live performances and top-flight was just their latest show. musicianship. Be sure to catch them soon. “We are all encompassing when it comes to music,” Nash stated. “Eclectic.”
For more on The Traumas https://www.facebook.com/TheTraumas-620817575045307/
Nash is joined on vocals by Carol Brownell with D-Vine Jones on vocals, keyboards, drums and bass plus Jaymir Phillips-Hare on vocals and guitar. The band has only been together a few months now. “So we are still babies but we have some vets in the group,” Nash emphasized.
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Matt Hackett – Sioux City Sax Man By Howard Schwartz
Timing is everything, especially in music and anyone who plays knows that. Sioux City-born saxman Matt Hackett is such an individual. He grew up down the hill from Ryan Kisor, an Iowa trumpeter who won the Thelonious Monk national competition back in the early 1990s. Kisor’s father was his music teacher and, as luck or timing would have it, Hackett was introduced to jazz and had the opportunity of getting into lessons a few years earlier than he might have. Interestingly, he’s the only musician in his family.
Jacob Sorensen on bass and Nate Van Fleet on drums – two ace players.
“We’re getting used to each other’s styles,” Hackett observed. Playing jazz, as opposed to other musical forms, allows Hackett to put his own spin on things. “It’s just, there’s something about it. It’s the freedom. Before you think he’s way out there, Hackett will tell anyone who is willing to listen that he’s not pretentious and just wants to have fun. It was the Kisors who recommended Hackett “I’m pretty mellow for a jazz attend trumpet legend Clark Terry’s Jazz musician,” he stated. “A couple of those tunes Band Camps, and it was then he realized he I get a little wild on . . . I can’t do that all the wanted to be a musician. That connection time. Nobody would come see me.” even helped Hackett sit in with Terry’s Big Band when his tenor player was sick. He does acknowledge that mixing things up makes the performance more interesting Those musical roots gave him a strong for his talented band. Hackett has played respect for traditional jazz, but his musical on assorted funk band recordings but has education has opened his ears and talents nothing under his own name on the market. to the avant garde. Hackett’s musical heroes It is something he’d like to do. include Charlie Parker, John Coltrane, Miles Davis, Ornette Coleman, and Eric Dolphy “I need to work on that,” he admitted. among others. Hackett is still establishing himself in Omaha, and while it is a big city, he knows He’s been playing in Omaha for about a year it takes time to make connections and jazz and since August he often performs with opportunities are fewer than for other types of acts. Music is what he plans for his career
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“This month I’ve played about three gigs a week.” Pageturners on Tuesday nights and the Omaha Lounge are among the places to see him. “I teach lessons and I play gigs,” he said. Don’t expect him to stop anytime soon. For more on Matt Hackett: /www.facebook.com/profile. php?id=100014922845355
and he’s willing to work on it, supplementing gig pay with lessons. He admits things are looking up.
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Exchange-Traded Funds: Do They Belong in Your Portfolio?
company would represent a larger share of the index. However, if the index weighted each security equally, each would have an equal impact on the index’s performance.
By Michael Herek
The cost advantages and tradeoffs of ETFs As indicated above, one of the reasons ETFs have gained ground with investors is because of their low annual expenses. Passive index investing means an ETF doesn’t require a portfolio manager or a research staff to select securities; that reduces the fund’s overhead. Also, investing in an index means that trades are generally made only when the index itself changes. As a result, the trading costs required by frequent buying and selling of securities in the fund are minimized. (Note, though, that individuals cannot invest directly in any index.)
Exchange-traded funds (ETFs) have become increasingly popular since they were introduced in the United States in the mid-1990s. Their tax efficiencies and relatively low investing costs have attracted investors who like the idea of combining the diversification of mutual funds with the trading flexibility of stocks. ETFs can fill a nique role in your portfolio, but you need to understand just how they work and the differences among the dizzying variety of ETFs now available.
What is an ETF?
Like a mutual fund, an exchange-traded fund pools the money of many investors and purchases a group of securities. Like index mutual funds, most ETFs are passively managed. Instead of having a portfolio manager who uses his or her judgment to select specific stocks, bonds, or other securities to buy and sell, both index mutual funds and exchange-traded funds attempt to replicate the performance of a specific index. However, a mutual fund is priced once a day, when the fund’s net asset value is calculated after the market closes. If you buy after that, you will receive the next day’s closing price. By contrast, an ETF is priced throughout the day and can be bought on margin or sold short — in other words, it’s traded just as a stock is.
Pros and Cons of Exchange-Traded Funds -
Pros
- ETFs can be traded throughout the day as prices fluctuate - ETFs can be bought on margin, sold short, or traded using stop orders and limit orders, just as stocks can - ETFs do not have to hold cash or buy and sell securities to meet redemption demands by fund investors - Annual expenses are often lower, which can be especially important for long-term investors - Because ETFs typically trade securities infrequently, they have lower annual taxable distributions than a mutual fund
Cons
- Making frequent investments over time will require paying repeated commissions and will increase investing costs - If an ETF is organized as a unit investment trust, delays in reinvesting its dividends may hamper returns - An ETF doesn’t necessarily trade at its net asset value, and bid-ask spreads may be wide for thinly traded issues or in volatile markets
The new wave of ETFs
Since their inception, most ETFs have invested in stocks or bonds, buying the shares represented in a particular index. For example, an ETF might track the Nasdaq 100, the S&P 500, or a bond index. Other ETFs invest in hard assets — for example, gold. With the rapid proliferation of ETFs in recent years, if there’s an index, there’s a good chance there’s an ETF that tracks it.
New and unique indexes are being developed every day. As a result, ETFs that might seem similar — for example, two funds that invest in large-cap stocks — can actually be quite different. Many indexes define which securities are included based on their market capitalization — the number of shares outstanding times the price per share. However, other indexes and the ETFs that mimic them may select or weight securities within the index based on fundamental factors, such as a stock’s dividend yield.
More and more new indexes are being introduced, many of which cover narrow niches of the market, or use novel rules to choose securities. Many so-called rules-based ETFs are beginning to take on aspects of actively managed funds — for example, by limiting the percentage of the fund that can be devoted to a single security or industry.
Why is weighting important? Because it can affect the impact that individual securities have on the fund’s result. For example, an index that is weighted by market cap will be more affected by underperformance at a large-cap company than it would be by an underperforming company with a smaller market cap. That’s because the large-cap
How ETFs invest
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distributes few capital gains during the year. There can be times when some investors find themselves paying taxes on capital gains generated by a mutual fund, even though the value of their fund may actually have dropped. Though it’s not impossible for an ETF to have capital gains, ETFs generally can minimize the ongoing capital gains taxes you’ll pay.
Just how much impact can reducing taxes have over the long term? More than you might think. Even a 1% difference in your return can be significant. For example, if you invest $50,000 and earn an average annual return of 5% (compounded monthly), you would have a pretax amount of $82,350 after 10 years. Even a 1% increase in that return would give you $90,970 at the end of that time. (This hypothetical example is However, don’t forget that you’ll generalfor illustrative purposes only and does not ly pay a commission with each ETF trade represent the performance of any particular (depending on the type of account you have). investment. Actual results will vary.) That means a one-time lump-sum investment in an ETF will be more cost-effective Make sure you consider how an ETF’s than frequent, regular investments over returns will be taxed. Depending on how time. the fund is organized and what it invests in, returns could be taxed as short-term capital ETFs and taxes gains, ordinary income, or in the case of gold ETFs can be relatively tax efficient. Because and silver ETFs, as collectibles; all are taxed it trades so infrequently, an ETF typically at higher rates than long-term capital gains.
What are some other reasons investors use ETFs? To get exposure to a particular industry or sector of the market. Because the minimum investment in an ETF is the cost of a single share, ETFs can be a low-cost way to make a diversified investment in alternative investments, a particular investing style, or geographic region.
straightforward its investing strategy, the lower expenses are likely to be. An index using futures contracts is likely to have higher expenses than one that simply replicates the S&P 500. Your financial professional can help you decide how ETFs might fit your investing strategy.
To limit losses. Being able to set a stoploss limit on your ETF shares can help you manage potential losses. A stop-loss order instructs your broker to sell your position if the shares fall to a certain price. If the ETF’s price falls, you’ve minimized your losses. If its price rises over time, you could increase the stop-loss figure accordingly. That lets you pursue potential gains while setting a limit on the amount you can lose. How to evaluate an ETF Look at the index it tracks. Understand what the index consists of and what rules it follows in selecting and weighting the securities in it. Be aware that the performance of an unmanaged index is not indicative of the performance of any specific security. Individuals cannot invest directly in any index. Look at how long the fund and/or its underlying index have been in existence, and if possible, how both have performed in good times and bad. Look at the fund’s expense ratios. The more
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FOCUS ST. PATRICK’S DAY BAR CRAWL
SUNDAY, MARCH 17, 2019
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