Imagine a client who is very conservative–a risk-averse investor. It’s 1999, and she has watched from the sidelines as tech stocks have skyrocketed. Year after year, she’s seen tech equities beat cash and bonds like clockwork. The client grows convinced that there’s no risk to investing in tech stocks — they only go up. In …
Financial Advice for the New Year
2017 was certainly an interesting year in the world of finance. The gains in the stock market surprised nearly everyone. But will the good news continue in the year ahead? How will things change? We don’t know what the future holds, but great advice is timeless. To help start the new year off right, I’ve …
Dunncreek Advisors Named Five Star Wealth Manager!
Exciting news! Dunncreek Advisors was recently named a Five Star Wealth Manager by Mpls. St. Paul Magazine! We are thrilled by this recognition and proud to offer top-rate service to our customers. Thank you, Mpls. St. Paul Magazine, and thank you to all our clients who motivate us to go the extra mile each and …
When Will the Stock Market Correct?
Classic rock fans may remember the Grateful Dead song that goes, “. . . when life looks like easy street, there is danger at your door.” Those lyrics sound like they were written for 2018. It seems everybody is asking when the stock market will top out and pull back. One thing is clear: The …
How Does the New Tax Bill Affect Me?
Congress just passed a controversial tax bill. There has been much discussion about what it “could” mean, but now it’s passed, let’s look at what we know. New tax brackets The number of brackets remains the same at seven, but rates have changed and the income levels to which they apply have moved. Notably, the …
Five Investing Traps to Avoid
We all know somebody who thinks they’re the smartest person in the room. They know the best vacation spots, the hottest bands—and the best wealth building ideas. But just because they know the difference between echidnas and enchiladas doesn’t mean they’re a financial wizard. Chances are you’ll run into one of these people at a …