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Monthly Investment Newsletter - May 2015 

We hope you are doing well, and it looks like we finally have Spring-like weather! It is time once again for our Newsletter, and we hope that you find it at least somewhat informative. If you have any questions on this or anything else, feel free to reply back.

A brief overview of recent market activity and expectations follows below. Our investment topic for this month is Long Term Care - Is It Right For You?  

You will find past investment articles, and recent stock market commentary and reviews, by clicking on the relevant Quick Links on the right, or peruse past investment topics by clicking the Articles tab above or directly on our website. If there is a topic of interest you would like to see covered in the future, please reply back to this email to let us know, or click here.

This Month's Investment Topic:
Long Term Care - Is It Right For You?

This month we focus on Long Term Care. The advantages, disadvantages, and factors to consider. To read the article, please click here

Recent Market Activity
Recent market activity

For the month of April, the markets showed again some strong resilience during the month, only to see the end of the month trail off and erode a good portion of the gains.  Two of the bigger news stories of the month were:


1) A disappointing GDP number of 0.2% which was below expectations that were already fairly low.  The explanation to this lower than expected number primarily being due to the result of weather related problems in the first quarter, coupled with a strong U.S. dollar which is hurting corporate profitability overseas. 


2) The FED meeting in which the Federal Reserve signaled that it could raise interest rates at any meeting, removing any specific calendar references as to when it may occur, and stating that it was going to be data dependent in terms of their decision making. 


You may have heard one of Wall Street's oldest sayings mentioned, "Sell in May and Go Away".  While we certainly never advocate market timing, it is important to note that in May historically the market does not "tank" during that period, but more often than not the returns are just a little bit more lackluster, however they are generally not negative.  

A look back at some of last year's May 2014 performance numbers:


US Large Cap Core: 2.1%, 
US Large Cap Value: 1.1%
US Small Cap Core: 0.9%
US Small Cap Value: 1.1%
International Large Core: 0.9%
International Large Value: 0.4%
International Small Core: 1.0%
Emerging Markets: 3.3%
Short Term Bonds: 0.3%




Major Market Indices


Below is a summary of April's performance of some of the major indices:


Index April 2015 YTD
US Treasury 3 Month T-Bill
0.01% 0.03%
Barclay's US Aggregate Bond Index
-0.36% 1.24%
Barclay's Municipal Bond Index
-0.52% 0.48%
S&P 500 Index
0.96% 1.92%
Dow Jones Industrial Average 0.45% 0.78%
MSCI EAFE (International Equities) 4.08% 9.16%
MSCI Emerging Markets 7.69% 10.10%
Russell Mid Cap 
-0.91% 3.01%
Russell 2000 Index (Small-Cap Stocks)
-2.55% 1.65%
Morningstar Commodity Index
5.73% -0.55%
Morningstar REIT Index
-5.79% -1.35%

Quick Links

This month's investment topic: 
Long Term Care - Is It Right For you?

Recent reports available from Morningstar:

Stay Connected
On the Investment Horizon
Upcoming Key Dates on the Economic Calendar 
  • Friday, May 8: Unemployment report for the prior month, released at 8:30AM.
  • Wednesday. May 13: Retail Sales, released at 8:30AM.
  • Tuesday, May 19: Housing Starts, released at 8:30AM.
  • Wednesday May 20: The Federal Open Market Committee (FOMC) issues the minutes of their previous meeting at 2PM.
  • Friday, May 22: Consumers Price Index (CPI), released at 8:30AM.

Spring cleanup

The Spring is a great time of year to go through your file folders, and eliminate old papers that you may no longer need to hold onto (make sure to shred anything with personal information). For instance, the IRS requires you to k eep records for 3 years  from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. You need to keep records for 7 years  if you file a claim for a loss from worthless securities or bad debt deduction. For more information on this subject from the IRS, click here.

If you desire an appointment, have any questions on any of this material, or any other financial subjects may relate to your own financial circumstance, please reach out to us at the contact information below:






Brian Cohen, CCO; email:; phone: 631-923-2487
Joe Favorito, CFP®; email:; phone: 631-930-5336

Direct office email: 

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