Money Minutes | General Electric Credit Union Blog | Financial Resources

4 Reasons to Join a Credit Union

Nov 19, 2020 | 3 minute read

So, you want to put your money somewhere … but you aren’t quite sure where that is yet. Banks … credit unions … under the mattress (just kidding) … There’s a lot to consider before opening an...

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October Market Update

Nov 10, 2020 | 12 minute read

The Markets (as of market close October 30, 2020)

Stocks fell for the second consecutive month in October as rising COVID-19 cases and related deaths shunted signs of an economic rebound. The...

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Quarterly Market Review: July-September 2020

Oct 20, 2020 | 12 minute read

The Markets (third quarter through September 30, 2020)

July kicked off the third quarter with a bang as stocks surged throughout much of the month. Investors were encouraged by solid...

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How to Navigate Stock Market Volatility

Sep 17, 2020 | 6 minute read

It’s hard to predict what could, and when something might, happen to the stock market – it’s constantly changing. There’s importance in realizing the stock market will have its ups and downs....

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August Market Update

Sep 9, 2020 | 11 minute read

The Markets (as of market close August 31, 2020)

The positive run for stocks continued in August as the major market indexes regularly reached all-time highs. While investors remained bullish...

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July Market Update

Aug 21, 2020 | 20 minute read

 

Stocks posted gains in July in spite of gloomy news on the economic and pandemic fronts. Investors continued to trust equities despite the gross domestic product falling nearly 33.0% in the...

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May Market Update

Jun 9, 2020 | 17 minute read

May saw several states and foreign countries ease restrictions put in place in response to the COVID-19 pandemic. As economies slowly picked up momentum, investors grew more confident in stocks,...

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How the CARES Act May Impact Your Student Loan Repayment Strategy

Jun 4, 2020 | 3 minute read

Due to the COVID-19 pandemic, more than 30.3 million Americans have filed for unemployment as of March 15, 2020.1 To help those struggling during this time, the Coronavirus Aid, Relief, and...

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Keeping Cool: Investment Strategy vs. Reaction

May 11, 2020 | 4 minute read

After losing ground in 2018, U.S. stocks had a banner year in 2019, with the S&P 500 gaining almost 29% — the highest annual increase since 2013.1 So far, 2020 has been rocky and you can count on...

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April Market Update

May 7, 2020 | 12 minute read

April began on a sour note for stocks as each of the indexes listed here lost value. Economic reports reflected the negative impact of the COVID-19 pandemic. There were more than 700,000 jobs...

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