Member Connections - May 2012

Attention Gen X: Are You Taking Enough Risk with Your Portfolio?

Generation X is known to be independent, resourceful, ambitious and self-sufficient. But risk-averse? That's a new one. Yet several recent surveys indicate that members of Generation X – those born between the late 1960s and early 1980s – may not be taking enough risk with their investments¹. And it's a characteristic that could have dire consequences when it comes time for retirement.

Here are a few reasons you may need more risk.

More from our most recent issue

Save Big at the Spring Car Sale Come to the Spring Car Sale at the Auto Resource Center of Hunterdon from May 21 – June 16, 2012 and take advantage of financing as low as 1.99% APR² for up to 36 months. Save big on 100+ high quality certified pre-owned vehicles. Every vehicle:

• Has passed an extensive 100-point inspection by ASE-certified mechanics
• Comes with a limited warranty³
• Includes two free oil changes
• Is eligible for a 15% discount⁴ on any future service

View Inventory

Security Tip: Keep Your Account Safe with Strong Passwords Your online accounts, computer files, and personal information are more secure when you use strong passwords to help protect them.

• Don't use the last four digits of your SSN, your mother's maiden name, your date of birth, your middle name, your child's name, your pet's name, or anything else easily discovered or guessed.
• Use a combination of letters and numbers.
• Change your passwords frequently.

Test the Strength of Your Passwords

More from Previous Issues of Member Connections

Auto

• 0% Financing: A Deal for Some - A Fairy Tale for Others March 2012
  
• Car Buying Basics: Buy or Lease? August 2011

Business

• Demystifying the Fees Associated with Merchant Services September 2011
• Business Lending: Your Prescription for Growing Pains July 2011

College Financing

• Help! How Do We Pay for College? June 2011
• Child off to College? Checklist for Packing Money Management Essentials June 2011
• Just Finishing College? Plan How to Pay Your Student Loans May 2011

Credit Cards

• Think Smart When Choosing a Credit Card December 2011

Home Financing

• Going from Renter to Owner: Is Now a Good Time to Buy? April 2012
• Financing Flexibility: A Look at Welcoming ARMs April 2012

Investing & Retirement

• How to Boost Retirement Savings in 10 Steps February 2012
• Position Your Investments for a Bumpy Market Ride October 2011

Money Management

• The Truth About Debt: The Good, the Bad, and the Ugly September 2011
• Kick Your Bad Money Habits September 2011
• Save Time while Staying on Top of Your Finances with On-the-Go Services July 2011

Tax

• Watch Out for These Tax Traps January 2012
• 6 Must-Know Strategies for Tax Savings November 2011

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¹ Source: MFS Investment Management, "MFS Investing Sentiment Survey Results," March 21, 2011.
² APR (Annual Percentage Rate) in effect from 5.16.12 - 6.16.12. Rate quoted is lowest rate for highest qualified applicants, for terms up to 36 months and includes 0.25% reduction for automatic payments from an Affinity account. No additional discounts apply. Rate applies to vehicles purchased at the Auto Resource Center of Hunterdon and is available to Affinity members only. Payments on every $1,000 borrowed at 1.99% APR for 36 months are $28.64. Maximum APR on any auto loan is 9.99%. Term restrictions may apply based on underwriting criteria. Loan amounts less than or equal to $10,000 have a 60 month maximum term.
³ Vehicles marked “as is” may not come with a limited warranty; see dealer for information.
⁴ For as long as you own the vehicle purchased during the Spring Car Sale.