Category: Wealth Management

Changing Your Investment Strategy as You Age

Woman typing on her laptop

Whether you’ve recently graduated from college or are winding down from a long career, it’s important to choose the proper investment strategy for your age. With the right approach, you can put your money to work effectively and enjoy greater peace of mind as you draw near to retirement. Basics of Asset Allocation and Diversification… Read more »

From College to Future: 3 Steps to Financial Literacy for Young Adults

College student working on finances and practicing financial literacy.

The real world is expensive, and if young adults lack financial aptitude, they will struggle not only fiscally, but emotionally as well. That’s why you need to acquire financial skills as you make your way through college, navigate your first job and learn to save for the years to come. 1. College-Bound: Learn About Money… Read more »

Community Voices: How to Invest During 2020

Retro microphone with minster bank community voices with steve eiting wealth management advisor text

In our Minster Bank Community Voices podcast series, we’re giving you expert advice and tips from the professionals inside our organization. Today, we hear from Steve Eiting, a wealth management advisor at Minster Bank with more than 20 years of industry experience, on what you should be thinking about for investing in 2020. Listen to… Read more »

Don’t Let Emotions Get in the Way of Your Investment Decisions

A woman putting change in a jar while using a calculator considering her investments

The investment landscape can be volatile and difficult to understand, but investing is a phenomenal way to add to your financial portfolio. The one thing it isn’t, though, is sentimental. That’s why factoring emotions into the way you manage your investments puts you at high risk for making poor decisions and racking up losses. Instead,… Read more »

Save for Your Future by Investing for Life’s Milestones

Young couple holds baby they set up 529 college plan for to invest in their child’s education

No matter what your plans are for your life, you don’t want money to get in the way of achieving your goals. As such, you may want to consider investing your money during each stage of your life to make your aspirations are more attainable — — and if you need help along the way,… Read more »

The Pros and Cons of Downsizing When You Retire

Many retirees are faced with a big question: whether or not to downsize their homes. Before deciding to downsize, it’s important to consider the many positives and negatives that come with this lifestyle change. Keep reading for a few pros and cons we’ve compiled. Downsizing Pro: Saving Money Smaller homes typically have smaller mortgage payments,… Read more »

5 Tips to Avoid Getting Trapped in College Loan Debt

Female college student fills out scholarship paperwork to save on student loans

College loans seem like a boon for students seeking higher education, but all too often, they can become a burden. According to the nonprofit group American Student Assistance: • 56 percent of young adults suffer from near-constant worries about paying back their loans. • 61 percent are considering additional employment to manage their mounting student… Read more »