English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2007-03-24 18:42:15 · 5 answers · asked by MB 1 in Business & Finance Investing

5 answers

Do you mean the minimum amounts? Some will allow a $500 minimum to open. If you have less than that to invest, you are better off in a CD or money market account, then build that up.
You might also look into DRIPs. A DRIP is where you buy stock directly from a company, not all companies offer this option. Those are low cost and you can get started with a small amount of money.

2007-03-24 18:58:10 · answer #1 · answered by Gatsby216 7 · 0 0

You can buy mutual funds for FREE called no-loads. In fact those are the only kind you should buy. Go to Fidelity or Vanguard and you will see. Or do you mean the amount of money to get started in a fund?? Maybe some are $ 500 minimum but there are plenty others for $1,000 to get started and no cost to you.

2007-03-25 01:48:18 · answer #2 · answered by Brick 5 · 0 0

some funds from places like t rowe price and ing direct allow you to avoid a large upfront investment to open a mutual fund account if you set up regular monthly transfers to fund your account which usually range between 50 and 90 dollars a month.

2007-03-25 01:55:30 · answer #3 · answered by comic book guy 5 · 0 0

You can also buy exchange traded funds, which are bought and sold like stocks, so you don't have minimums to deal with.

2007-03-25 02:05:16 · answer #4 · answered by Adam J 6 · 0 0

Zecco is FREE.

2007-03-25 17:49:32 · answer #5 · answered by Anonymous · 0 0

fedest.com, questions and answers