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Definitions

B Bond

A debt investment, which involves an investor loaning money to a company or government for a defined period of time where the issuer promises to pay interest and repay the principal at maturity.

C CD (Certificate of Deposit)

A savings certificate that has a maturity date and a fixed interest rate. It can be issued in any denomination.

M Money Market Fund

A mutual fund that specializes in investing in short-term securities and tries to maintain a constant net-asset value of $1.

M Mutual Fund

Pools of money managed by an investment company that offers a variety of goals depending on the investment objectives of the fund.

S Stock

A type of security, representing ownership in a corporation that can rise or fall in value

Mutual funds

What is a mutual fund?

A mutual fund is a professionally-managed investment that can offer diversity, liquidity and convenience depending on the investment strategy of the fund. Each mutual fund is made up of a variety of securities depending on the goals of the fund set in the prospectus. The prospectus that contains complete details on investment objectives, risks, fees, charges and expenses as well as other information about the investment company, which should be carefully considered before investing. Because a mutual fund pools the money of many individuals, it has the buying power to invest in hundreds of different securities at once.

To learn more about our Mutual Funds, Click Here

 

College 529 Savings Plan

A 529 Savings Plan is a tax-deferred, college savings plan. It is designed specifically to create
savings for higher education. Withdrawals are federally tax free providing they are used at any eligible college, university or graduate school in the
U.S. for qualified education expenses. For non-qualified withdrawals, the earnings portion of the "non-qualified" withdrawal will be subject to income tax and an additional 10% penalty tax.

To learn more about our 529 Products, Click Here

 

IRA's

Why would I want it?

Because you want to live comfortably in retirement and Social Security will probably not provide you with enough income to do so. An IRA with its potential for long term investment growth -- may provide an easier way to save for retirement.

To learn more about our IRA services, Click Here

 

 

 

Mintco Financial, Inc is independent of John Hancock Life Insurance Company and Signator Investors, Inc. Registered Representative/Securities offered through Signator Investors, Inc., Member FINRA, SIPC. 4444 Main St., Buffalo, NY 14226. 1-888-MINTCO-8.