Here's a list of mutual funds with low initial minimums:
http://mutualfunds.about.com/od/cheapmutualfunds/a/under250.htm
An alternative would be to purchase an ETF. An ETF is basically an index fund that trades like a stock. You'll need a brokerage account to purchase them. With ETFs, there are no minimums and no early redemption fees.
2007-03-01 14:41:32
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answer #1
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answered by LongArm 3
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google mutual funds low minimums. One web site, below, lists funds from State Farm and one other family of bonds. I believe if you invest $50 directly wired from your checking account each month until your reach $2500, you can buy a fund from T. Rowe Price starting with only $50.
2007-03-01 14:44:00
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answer #2
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answered by gosh137 6
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Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/ed075
2015-01-27 11:50:20
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answer #3
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answered by Anonymous
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i'm sure there are the best place to look is morningstar.com and look at the funds you are interested in and go to purchase info they will tell you right there.
2007-03-01 14:15:17
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answer #4
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answered by Anonymous
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