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Mutual Funds (1)

Mutual Funds

A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds, and each share represents an investor’s part ownership in the fund and the income it generates.

Mutual funds are a popular choice among investors because they generally offer the following features:

  • Professional Management. The fund managers do the research for you. They select the securities and monitor the performance.
  • Diversification or “Don’t put all your eggs in one basket.” Mutual funds typically invest in a range of companies and industries. This helps to lower your risk if one company fails.
  • Affordability. Most mutual funds set a relatively low dollar amount for initial investment and subsequent purchases.
  • Liquidity. Mutual fund investors can easily redeem their shares at any time, for the current net asset value (NAV) plus any redemption fees.

Ready to start investing? As a LSCU Member, Lone Star Investment Solutions will create a free, no-obligation customized plan for you.

About Lone Star Investment Solutions

Lone Star Investment Solutions offers no obligation financial consulting and investment services. Our financial advisor can help you plan for tomorrow and beyond. 

We offer a wide range of products and services and we can help you choose from a variety of providers to find the one that best fits your needs, including:

Meet Timothy Mangus, Financial Advisor 

Timothy began his financial services journey at Chase Bank as a Licensed Banker and then a Financial Advisor. After eight years with Chase, he moved to TD Ameritrade before returning to the retail banking industry at BBVA Compass. While at BBVA Compass, he focused on holistic financial planning for his clients.  Timothy joined PFG Financial Group in February 2021 and became the Lone Star Investment Solutions Financial Advisor in March 2021.

He looks forward to working with Lone Star Credit Union Members to provide individualized in-depth planning and education. His priority is to give peace of mind to Members by developing plans and solutions that help them achieve their goals.

Timothy earned his Bachelor of Science in Business Management from Dallas Baptist University and his MBA from Lamar University.

 Timothy Magnus

 

Check the background of this Financial Professional on FINRA's BrokerCheck: https://brokercheck.finra.org/

 

 

Securities offered through Securities America, Inc., Member FINRA/SIPC. Advisory services offered through PFG Advisors. PFG Advisors, Lone Star Investment Solutions, Lone Star Credit Union, and the Securities America companies are separate entities. *Not NCUA insured *May lose value *Not credit union guaranteed *Not a deposit * Not insured by any federal government agency. This site is published for residents of the United States and is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.

*Trust accounts will be completed through a third party.