No one wants to think about needing extended healthcare after retirement, but it’s an important factor in planning for retirement. Without setting aside funds for extended healthcare now, you may find that, when you’re in need of extended care in the future, you won’t have the funds or insurance to afford your healthcare needs on your own. Rather than leaving your healthcare to chance, come to DunnCreek Advisors to begin planning your investments in extended healthcare. Our St. Paul, MN extended care investment advisors can help you ensure that when you reach retirement, no matter what happens, you’re prepared for any healthcare needs you may have now or in the future.Read Full Article
Portfolio Rebalancing
If an investment is successful, many people assume that they should stick with it and watch it grow. However, that is not always the best strategy if you’re looking to have a well-rounded, successful portfolio that fits the criteria you originally lay out, including the risk profile and composition of your portfolio. In fact, the longer you let your investment portfolio rest, functioning without evaluating the changes it undergoes each year, you may be surprised just how far you’ve gone from your original investment portfolio. At DunnCreek Advisors, we want to help you ensure that you’re making productive changes to your investments, so we provide St. Paul, MN investment advising services to be sure you have access to the information you need to make smart investment choices, starting with rebalancing your portfolio.Read Full Article
Rebalancing Your Portfolio
Seeking advice when it comes to finances is a good idea, as long as you are seeking advice from the right individuals. Obviously, asking a gambler what you should do with your money is not the brightest of ideas. Instead, asking financial advisors who have years of experience and an education in finance is the right path. When it comes to your current investment portfolio, evaluating and rebalancing is something that should be considered and it’s not a process you should handle without financial guidance. If you are in the St. Paul, MN area, our team at DunnCreek Advisors provide trusted financial advice that can help you rebalance your existing portfolio. Read Full Article
What are the Differences Between a Roth IRA and Traditional IRA?
When it comes to planning for retirement there are a variety of ways that you can go about saving. If your employer offers a retirement plan and match, you should definitely take advantage of this opportunity. While becoming less common, some employers still offer pensions, which offer a guaranteed payout at retirement. However, if you …
What are the Differences Between a Roth IRA and Traditional IRA?Read More
Are You Paying Too Much for Your 401(k)?
A recent study shows that more than 90 percent of investors do NOT know how much their 401(k) costs. You can often reduce the cost of your retirement investments. According to a NerdWallet study, roughly 92 perent of Americans have no idea what they’re paying in 401(k) fees. Many also underestimate their fees and wind …
Dow 20,000 – It's Just a Number
The Dow reached the 20,000 mark recently. What does it mean? What should you do?
It’s been hard to miss the news that the Dow Jones Industrial Average of 30 U.S. companies recently hit the 20,000 mark. It’s been almost 8 years since the market pullback of the great recession stopped on March 9, 2009 when the Dow closed at 6,547.05. Although we didn’t know it at the time that was the end of a 17-month slide of 54 percent from the prior peak of 14,164.53 in October of 2007.
[caption id="attachment_394" align="alignright" width="300"] Copyright Drew Angerer, Getty Images[/caption]
Read Full Article