Official Credit Union of UMass Athletics

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Archive for October 2016

Quarterly Market Review: July-September 2016

By Craig Boivin.

The second quarter provided a bumpy ride for investors. Following the upheaval caused by the Brexit vote in June, July kicked off the third quarter by ending the month in favorable fashion, as each of the indexes listed here posted month-to-month gains, led by the Russell 2000 (5.90%) and the Nasdaq (6.60%). Stocks held their own for July, despite falling energy shares, as crude oil prices (WTI) sank from around $49 per barrel to under $42 by the close of July. As money moved into equities, bond yields remained on the low side as the yield on 10-year Treasuries remained below 1.60%, closing July at just about where it started at 1.45%.

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. 

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Bring Back The Brown Bag: Saving Money On Lunch The Old-Fashioned Way

By Cait Murray.

Studies show that eating out for lunch can cost between $1,500 and $2,500 per year. However, with some planning, you can spend as little as $5 per brown-bag lunch. Five meals a week, times $5 per meal, times 48 working weeks equals only $1,200, adding $1,300 to your year. Interested? Here are three tips to jump-start your new lunch habit!

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