Tuesday, November 24, 2015

Was There A Credit Union At The First Thanksgiving?

Thursday, November 19, 2015

The Financial Lessons Of James Bond

Everybody’s favorite spy is back in theaters this month with the release of “Spectre.”  To mark the occasion, we decided to take a look at his 50-plus year history to see what lessons we could learn about life and money from the greatest secret agent in film history.

Friday, November 13, 2015

How Will I Ever Retire If They Keep Moving The Finish Line?

What happens if you’ve made it to the day you thought you’d be retiring, but you’re simply not financially ready? Perhaps you passed your “Plan B” date.  Maybe even “Plan C” has come and gone.  You know you’ve been making the right moves, but a temperamental stock market, kids who stayed home longer than expected or an unlucky series of events keeps pushing back your time frame.  So, in exasperation, you ask …

Thursday, November 12, 2015

Gift Card Holiday Shopping Guide

With Thanksgiving only a few weeks away, holiday shopping is on the minds of many.  You might have gotten off to a solid start but have a few people left on your list that have you stumped when it comes to deciding what to get them. One of the simplest ways to check them off as complete is to pick up a few gift cards.  Clearly, they have become a go-to gift given that Americans spent nearly $32 billion on gift cards last year.  So it should come as no surprise that you’ll hear a lot more about gift cards as November rolls on. This is particularly true of your Facebook friends and family, who are probably choosing sides with one camp believing gift cards to be far superior to traditional gifts and the others finding them incredibly impersonal.  This guide will go over the case for and against gift cards and give you some tips on how to save money when shopping for them.

Friday, November 6, 2015

Daily Fantasy Sports

Every Sunday, Americans gather to watch football. Wherever you are, whatever else you do, the one thing we all (it seems) have in common is this Sunday ritual. When Dr. King called Sunday the most segregated day in America, he couldn’t have imagined the unifying force football would become, dominating popular culture and conversation in a way few other forces could.  In fact, of the 50 most popular programs last year, 90 percent of them were professional football games. Perhaps, in a world of DVRs and on-demand programming, football may be our last shared live event.

We’ve found a variety of ways to enjoy our shared obsession, from tailgating to fantasy football.  Over the last few seasons, a new way to enjoy football has come to dominate every commercial break, ESPN segment and preview article:  daily fantasy sports.  Daily fantasy sports, or DFS, is similar to fantasy football, but it’s played on a weekly basis rather than being a season-long experience.  It was also just declared “gambling” by the state of Nevada, which is an interesting development for the rest of the country.  If you’re curious about DFS, either because you might want to play or because you want to know what all of those commercials are about, this article explains what DFS is, why it’s controversial, and outlines the potential pitfalls that come along with it.
For fantasy football enthusiasts, DFS seems like a natural evolution.  Traditional season-long fantasy football has some major issues. For instance, a single injury can ruin a season, no two leagues have the same rules, and the whole season can swing from a waiver wire pickup of a running back no one had heard of a week prior. Most of these issues are rectified by a universal scoring system and the one-week duration offered by the major DFS sites FanDuel.com and DraftKings.com.  If your fantasy football season has gone awry for any of the reasons listed above, joining a DFS league can seem like a logical way to ease the pain.  In addition, if your fantasy season is going great, DFS can seem like an appealing way to win some easy money.

Thursday, November 5, 2015

The Government’s $3 Trillion Dollar Plan


 So, whatever happened to that interest rate hike?  It was supposed to happen all spring, then all summer, and now we’re supposed to be fully confident that the Federal Reserve is going to raise interest rates by the end of 2015.  But so far, it hasn’t.  On one hand, that’s great news:  You still have time to lock in a fixed-rate mortgage or take out a low, fixed-rate home equity loan to pay off those credit cards before the rates go up. By the way, if you’re interested, that’s only a click away: https://www.corecu.org/loans/heloc.php

Tuesday, November 3, 2015

Investing In New Media


It sounds like free money:  Everywhere you look, people are glued to their mobile phones, whether they’re in line at the post office, watching TV in their living rooms or cutting you off during the morning commute.  All you have to do is throw some money at the stock offerings for Facebook or Twitter and wait for the cash to start rolling in, right?  But, if you’ve checked recently, Twitter’s stock has plummeted, they’re laying off workers and investors are panicking.  Facebook had the same growing pains, and anyone old enough to remember Y2K also knows the names etched on the gravestones in the social media graveyard: Friendster, Myspace, Google Buzz, etc.

How can you protect yourself from disaster without missing out on what appears to be the wave of the future?  You don’t want to end up kicking yourself because you missed out, just like you don’t want to kick yourself for buying too much.  Below are some tips for investing in emerging technologies without losing your shirt.

Monday, November 2, 2015

Buying a Used Car Part Two: Loans and Negotiation

If you missed part one of our guide to buying a used car, take a moment http://corecu.blogspot.com/2015/10/buying-used-car-part-one-finding-car.html.  We covered choosing the right car, understanding the value of the vehicle and many aspects of the process up to the point you sit down with the person from whom you’ll make a purchase.