asbury park press front page wednesday, aug. 26 2015

1
ASBURY PARK PRESS :: MONMOUTH EDITION APP.COM $1.00 WEDNESDAY 08.26.15 VOLUME 136 NUMBER 204 SINCE 1879 ADVICE 7D CLASSIFIED 1E COMICS 6D LOCAL 3A OBITUARIES 15A OPINION 10A SPORTS 1C TABLE 1D WEATHER 8C YOUR MONEY 14A WALL STREET NOT CONVINCED MARKET CORRECTION IS OVER PAGE 1B S usan Farber has been through stock market crashes before, but from her post at the reception desk at Intelligent Office in Middletown on Tues- day, she couldn’t help but feel anxious. The stock market has been a roller coaster, and Farber couldn’t escape it. The cable news blaring from the television in the lobby, the radio in her car, the conversa- tion with her husband when she got home. All were gloomy. “You get nervous,” Farber, of Tinton Falls, said. “You see your life savings go in the tank, and you wish you sold before it happened.” For the first time in four years, investors are grappling with a stock market correction, watch- ing their retirement portfolios dwindle and second-guessing themselves. It has prompted Jersey Shore financial advisers to remind their clients to remember the basics: in- vest for the long term; be cautious the closer you get to retirement age; and set your emotion — whether it is greed or fear — to the side. They roll out the same advice every time stocks take a turn for the worse. But as the volatile stock market of the past two weeks has shown, not everyone heeds it. “It’s human nature, absolutely,” said Ryan Zacharczyk, a financial planner with Zynergy Retirement Planning in Middletown and au- thor of “The 7 Deadly Retirement Sins.” Financial advisers: 5 things to know about stock drop “You see your life savings go in the tank, and you wish you sold before it happened.” SUSAN FARBER, TINTON FALLS RECEPTIONIST MICHAEL L. DIAMOND @MDIAMONDAPP FRIDAY 16,460 Down 531 MONDAY 15, 871 Down 588 TUESDAY 15,666 Down 204 BRICK — Two township officers, one with near- ly four years’ experience and the other with a little more than two, have been placed on administra- tive leave after the fatal shooting of a 21-year-old man Sunday outside his home, authorities said. Patrolmen Jay Nye, 31, and Ryan Osborn, 25, were involved in the shooting that killed Julian Hoffman, who police said brandished a firearm outside his house at 47 Cherrywood Circle, ac- cording to an email from Ocean County Prosecu- tor’s Office spokesman Al Della Fave. Nye, a 2009 graduate of the Ocean County Po- lice Academy, was hired Sept. 2, 2011, according to Della Fave and the county website. His base sala- ry in 2014 was listed as $72,594, according to the public employee database on DataUniverse.com. Osborn, also a graduate of the Ocean County Police Academy, was hired April 11, 2013, accord- ing to Della Fave. His base salary in 2014 was list- ed as $40,235 on DataUniverse.com. It is standard practice for officers involved in on-duty shootings to be placed on leave or admin- istrative duty pending results of the investigation. The shooting Sunday night transformed the relatively quiet development at Cherrywood Farms into a bustling crime scene. After the shooting, patrol cars with flashing red lights swarmed the circle, blocking off a section of the STEPH SOLIS @STEPHMSOLIS 2 Brick officers on leave after fatal shooting THOMAS P. COSTELLO/STAFF PHOTOGRAPHER An Ocean County Sheriff's Department CSI officer examines the lawn in front of a home in Brick. See SHOOTING, Page 5A PLUMSTED — A 48-year-old woman was found stabbed to death in her driveway and her 50-year-old husband was hospitalized after a 4½-hour standoff with police that began when officers found her lifeless body, then discovered a threatening note on the front door of the family’s home Tuesday, authorities said. Ocean County Prosecutor Joseph Coronato said his office is conducting a homicide investigation into the death of Susan Haskoor. Detectives were with Arthur Haskoor, the dead woman’s husband, at the hospital, and investigators are still gathering evidence. “Once we determine the condition of the person who is in the hospital, then we can go to court and pursue 1 DEAD, 1 INJURED AT HOME Slain woman’s husband in hospital after standoff KATHLEEN HOPKINS @KHOPKINSAPP AND AMANDA OGLESBY @OGLESBYAPP Visit APP.com to view a video and photo gallery from the scene of Tuesday’s police standoff in Plumsted. THOMAS P. COSTELLO/STAFF PHOTOGRAPHER SWAT team members gather on Evergreen Road in Plumsted near the home that was the scene of Tuesday’s standoff. See STANDOFF, Page 5A New Jersey: Home to the country’s oldest pizzeria 1D See STOCKS, Page 13A

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Asbury Park Press front page for Wednesday, Aug. 26 2015.

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Page 1: Asbury Park Press front page Wednesday, Aug. 26 2015

ASBURY PARK PRESS :: MONMOUTH EDITION APP.COM $1.00

WEDNESDAY 08.26.15

VOLUME 136

NUMBER 204

SINCE 1879

ADVICE 7DCLASSIFIED 1ECOMICS 6DLOCAL 3AOBITUARIES 15A

OPINION 10ASPORTS 1CTABLE 1DWEATHER 8CYOUR MONEY 14A

WALL STREET NOT CONVINCED MARKET CORRECTION IS OVER PAGE 1B

Susan Farber has beenthrough stock marketcrashes before, but fromher post at the receptiondesk at Intelligent Officein Middletown on Tues-day, she couldn’t help but

feel anxious.The stock market has been a

roller coaster, and Farber couldn’tescape it. The cable news blaringfrom the television in the lobby,the radio in her car, the conversa-tion with her husband when shegot home. All were gloomy.

“You get nervous,” Farber, ofTinton Falls, said. “You see yourlife savings go in the tank, and youwish you sold before it happened.”

For the first time in four years,investors are grappling with astock market correction, watch-ing their retirement portfoliosdwindle and second-guessingthemselves.

It has prompted Jersey Shorefinancial advisers to remind theirclients to remember the basics: in-vest for the long term; be cautiousthe closer you get to retirementage; and set your emotion —whether it is greed or fear — to theside.

They roll out the same adviceevery time stocks take a turn forthe worse. But as the volatile stockmarket of the past two weeks hasshown, not everyone heeds it.

“It’s human nature, absolutely,”said Ryan Zacharczyk, a financialplanner with Zynergy RetirementPlanning in Middletown and au-thor of “The 7 Deadly RetirementSins.”

Financialadvisers: 5 things toknow aboutstock drop

“You see your

life savings go

in the tank, and

you wish you

sold before it

happened.”

SUSAN FARBER,TINTON FALLS RECEPTIONIST

MICHAEL L. DIAMOND@MDIAMONDAPP

FRIDAY16,460

Down 531

MONDAY15, 871Down 588

TUESDAY15,666Down 204

BRICK — Two township officers, one with near-ly four years’ experience and the other with a littlemore than two, have been placed on administra-tive leave after the fatal shooting of a 21-year-oldman Sunday outside his home, authorities said.

Patrolmen Jay Nye, 31, and Ryan Osborn, 25,were involved in the shooting that killed JulianHoffman, who police said brandished a firearmoutside his house at 47 Cherrywood Circle, ac-cording to an email from Ocean County Prosecu-tor’s Office spokesman Al Della Fave.

Nye, a 2009 graduate of the Ocean County Po-lice Academy, was hired Sept. 2, 2011, according toDella Fave and the county website. His base sala-ry in 2014 was listed as $72,594, according to thepublic employee database on DataUniverse.com.

Osborn, also a graduate of the Ocean CountyPolice Academy, was hired April 11, 2013, accord-ing to Della Fave. His base salary in 2014 was list-ed as $40,235 on DataUniverse.com.

It is standard practice for officers involved inon-duty shootings to be placed on leave or admin-istrative duty pending results of the investigation.

The shooting Sunday night transformed therelatively quiet development at CherrywoodFarms into a bustling crime scene. After theshooting, patrol cars with flashing red lightsswarmed the circle, blocking off a section of the

STEPH SOLIS @STEPHMSOLIS

2 Brick officerson leave afterfatal shooting

THOMAS P. COSTELLO/STAFF PHOTOGRAPHER

An Ocean County Sheriff's Department CSI officerexamines the lawn in front of a home in Brick.

See SHOOTING, Page 5A

PLUMSTED — A 48-year-old woman was foundstabbed to death in her driveway and her 50-year-oldhusband was hospitalized after a 4½-hour standoff withpolice that began when officers found her lifeless body,then discovered a threatening note on the front door ofthe family’s home Tuesday, authorities said.

Ocean County Prosecutor Joseph Coronato said hisoffice is conducting a homicide investigation into thedeath of Susan Haskoor. Detectives were with ArthurHaskoor, the dead woman’s husband, at the hospital,and investigators are still gathering evidence.

“Once we determine the condition of the person whois in the hospital, then we can go to court and pursue

1 DEAD, 1 INJURED AT HOME Slain woman’s husband in hospital after standoffKATHLEEN HOPKINS @KHOPKINSAPPAND AMANDA OGLESBY @OGLESBYAPP

Visit APP.com to view a video and photo gallery from the scene of

Tuesday’s police standoff in Plumsted.

THOMAS P. COSTELLO/STAFF PHOTOGRAPHER

SWAT team members gather on Evergreen Road in Plumstednear the home that was the scene of Tuesday’s standoff.

See STANDOFF, Page 5A

New Jersey:Home to the country’soldest pizzeria 1D

See STOCKS, Page 13A