2007-09-21 04:21:18 · 4 answers · asked by kev1616 1 in Business & Finance ➔ Personal Finance
Start a new bank account and one that gives you $25 or more to switch.
Put $50 in every month.
Start an IRA, where the minimum for a mutual fund is often very low.
2007-09-21 04:28:20 · answer #1 · answered by Feeling Mutual 7 · 0⤊ 0⤋
Depending on age and other considerations, you may want to invest into a ROTH IRA. There are a couple companies that have minimum investments of as little as $25/month. Primerica is one that comes to mind. Before beginning they will complete a financial needs analysis for you. This will tell you exactly what you need to invest for a comfortable retirement.
2007-09-21 12:13:48 · answer #2 · answered by Mark S 6 · 0⤊ 0⤋
FInd yourself a financial advisor locally if you are unsure. If they are honest, they will help you out. That is how I started. Locally I used Edward Jones.
2007-09-21 12:02:00 · answer #3 · answered by Midwest guy 4 · 0⤊ 0⤋
You don't . . .
Put it in ING or Citi's eSavings until you have enough for a brokerage account .
Good Luck and congrats on knowing it is time to start saving !
>
2007-09-21 11:32:02 · answer #4 · answered by kate 7 · 0⤊ 0⤋