320 Palisade Ave. Bogota, NJ 07603
Phone: 1(888)489-7788 Fax: 1(201)457-1082
Email: NHF@ae.cadaretgrant.com

Stocks: Stocks- A stock is an ownership interest in a business. There are over 10,000 corporations that are publicly traded. <<  Back to Table of Contents Bonds: Bonds- A bond represents a debt or an IOU from the issuing party. Bonds are issued by governments and corporations. The amount of loan is known as the principal and interest is the compensation given to the lenders. <<  Back to Table of Contents Annuity: Annuity- A contract between an individual and an insurance company in which the individual pays money into an account in exchange for a guaranteed payment at a later date. Annuities offer tax-deferred growth. <<  Back to Table of Contents Mutual Funds: Mutual funds- A mutual fund is a pooling of assets investing in diversified stocks or bonds. Advantages to investing in mutual funds include diversification, professional management, high liquidity and accessibility for people with a smaller amount of capital. <<  Back to Table of Contents College Planning: College Planning- On average, college graduates earn almost twice as much per week as high-school graduates. Clearly, one of the best investments you can make for your children is an investment in their educational future. You may think that setting up a bank savings account for your two-year-old's education will get him/her off to a great start. You might, however, want to think again. According to the College Board, the projected average cost for your toddler's four-year degree at a public college will total $98,394. You would have to sock away $3,961 per year in his/her savings account, assuming it earns interest at an average rate of 5% per year, to equal that amount by his or her freshman year. And should your child decide to attend a private college, tack on about $113,600 more to your savings goal, bringing your savings account annual contribution to $8,535. But don't despair yet. Even without time on your side -- if your children are teenagers, for example -- a sound investment strategy coupled with knowlege of other college financing options can put your children on the road to a valuable four-year college degree. <<  Back to Table of Contents Life Insurance: Life Insurance- A contract that provides cash at the time of the death of the insured. Life insurance proceeds can provide needed cash to support family members, pay taxes or buy or continue family business. <<  Back to Table of Contents IRA's: Individual Retirement Accounts- are vehicles designed to provide for the "golden years". The two types of IRA's are Traditional IRA's and Roth IRA's. Educational IRA's are also a vehicle that can be utilized for a child's education. <<  Back to Table of Contents Retirement Planning: Retirement Planning- Retirement planning is a process that has many considerations. Long term goals greatly improve the chances of reaching long term retirement goals. Factors to consider for retirement planning are the number of years until retirement and the number of years in retirement. <<  Back to Table of Contents

Securities Offered through Cadaret, Grant & Co. Members NASD & SIPC
110 W. Fayette St. Syracuse, NY 13202 (315)471-6550

---

Copyright© 2000-2002 New Horizon Financial, All Rights Reserved. Web Site by:ISM, Inc.