Click here to download a pdf of The Profit Margin

To download this weeks The Profit Margin.

February 12 , 2018
Statistic of the Week: 
There are currently 47 million Americans over the age of 65 – a figure that is expected to double by 2060. In 1960, 10% of the population was over 65, by 2060 approximately 20% will be in that age cohort. Analysts expect that in 2050 3% of US GDP spending will be accounted for by long-term care expenditures.
Global Perspective: 
In a notable change of national policy, the Trump administration proposed the allowance of up to 47 new off-shore oil and gas wells along the East Coast. The move has enraged environmental activists, just as BP just settled its Deepwater Horizon claims for $1.7 billion. The coastlines around the state of Florida were exempted from the proposal.
Market Moving Events: 
Monday: Markets Closed Tuesday: Empire State Manufacturing Index Wednesday: Industrial Production, Housing Market Index, Beige Book Thursday: Jobless Claims, Housing Starts, Philadelphia Fed Survey Friday: Consumer Sentiment
While frigid temperatures have chilled much in the Northeast, they have not cooled investor sentiment on Wall Street. All three major US stock indices are off to a blistering start to 2018. The DJIA is up 4.36% so far this year, and logged a gain of 2.01% last week.1 The more representative S&P 500 shot up 4.21% year-to-date, and climbed 1.57% last week.2 And the Nasdaq has posted a YTD return of 5.18%, 1.74% of that figure coming from last week’s trading.3 If the S&P were to keep up its rate of change uninterrupted, it would triple by the end of 2018.4 (It should go without saying that we deem the likelihood of that happening as next to impossible). The speed of ascent is certainly unsustainable and is happening at a time when investor sentiment is soaring. For almost all of this bull market, investors have been highly skeptical. Recently, however, the number of optimists (bulls) has greatly increased relative to the number of pessimists (bears).5 This is good for short-term stock valuations, but tends to signal that we may be hitting a local top. When over-the-top sentiment takes hold, investors tend to buy not because they see relative value in the stock market, but because they believe that they will be able to sell the same issues at a higher level to someone else. Read: speculation. It should be noted that there are several factors that are helping to underpin markets currently: strong earnings growth, a new corporate tax rate, global economic expansion, etc. However, after such a strong, uninterrupted move higher, we believe prudence is warranted. - Dan McElwee, CFP®
Chart of the Week: 
About Ventura Wealth Management: 
Ventura Wealth Management is an independent Registered Investment Advisor (RIA). Unparalleled service, objective advice, and comprehensive planning act as the central pillars of our client experience. We are dedicated to building long-term client relationships through diligent management, custom portfolios, client education, and ongoing financial review

Statistic of the Week:

Journal of Financial Planning

Global Perspective:

The Economist

Market Moving Data:

Chart of the Week:

Clearnomics / Bureau of Labor Statistics


4. Barron’s
5.AAII, Clearnomics
Contact Information: 

Phone: 609.671.9100

Toll Free: 866.899.0068

Fax: 609.671.9199


Visit Our Blog:


200 Princeton South Corporate Center

Suite 150

Ewing, NJ 08628


Securities offered through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services offered through Ventura Wealth Management is not affiliated with APFS and APAI.Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc. (APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.