When will the market recover?

Everybody seems to have a different idea.  Watch CNBC or other business channels and you’ll get as many opinions as you have speakers.  Members ask me to tell them if this is a good time to invest.  I tell them my crystal ball is broken right now.  There are always reasons not to invest—wars, gas prices, terrorism, recessions, and yes, even bank failures.  The truth is, if we wait until the world is entirely stable and people are optimistic and happy, we may never get... Read More

Is the American Dream Dead?

You may have seen this billboard around town put up by American Family Insurance, and as I was sitting in traffic looking at it, it really inspired some thought.  What is the American dream?  You get married, buy a house, start a family, maybe open a business, retire by 65, and play golf or buy an RV and travel.  So, is the American dream dead?  Let’s break it down: Getting married–still very much alive, even though your reception will now be at the Motel 6 instead... Read More

Great Basin Blog Switches Things Up

Firstly, thank you to our loyal members and blog followers.  This blog is still in its infancy, but so far has been a lot of fun for us.  To this point, the blog posts have been provided by our Executive Team of three.  However, our employees have recently shown some interest in contributing as well.  With that said, we’d like to introduce our newly formatted and named “GB Blog”.  Posts will now include various topics and points of view from the executives... Read More

Pigs Teaching Kids About Money?

Article taken from Credit Union Times – June 29, 2011 Fabian Fernandez-Han, at the age of 12, won the New York Stock Exchange Financial Future Challenge. Fernandez-Han created the Oink-a-Saurus, a new iApp and interactive website. Designed to show kids how investment opportunities exist all around them, the app tracks web browsing and buying habits while providing an alternative option of what would happen if the money spent was saved or invested. Instead of just buying... Read More

Missed it by That Much

I thought I’d give a quick update to the debit card interchange fiasco. This one started with the sleight of hand senatorial shenanigans to move $16 billion to the retailers, mostly the larger ones. This MINOR amendment to the Dodd/Frank bill to prevent the next financial collapse (or might it be the cause of it?), was to reduce the debit card fee from $.44 to $.12. There was no discussion as to possible effects or hearing of testimony from the experts. The open discussion... Read More