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Initial amount needed to start buying other funds?
Posted on 2/6/15 at 8:39 am
Posted on 2/6/15 at 8:39 am
Do these vary? Most require $1,000? $3,000?
1
Posted on 2/6/15 at 8:44 am to HailToTheChiz
quote:
Do these vary?
Yes.
quote:
Most require $1,000? $3,000?
Seems about right for "respected" funds... Although I've seen $250 minimum on some.
Posted on 2/6/15 at 9:06 am to Clyde Tipton
LGILX is a good fund with a minimum initial purchase of only $100 and minimum additional contribution of only $1
Also, it can be bought commision free through Schwab
Also, it can be bought commision free through Schwab
Posted on 2/6/15 at 9:16 am to white perch
Fidelity SP 500 fund I just bought into was $2,500. Also some funds vary within themselves depending on the account type (brokerage, IRA, Group retirement)
ETA: FUSEX (Fidelity SP 500): Initial Investment 2,500, Initial IRA Investment 2,500, Initial Group Retirement Investment 500, and Required Balance (charge a fee if your balance gets lower) 2,000
ETA: FUSEX (Fidelity SP 500): Initial Investment 2,500, Initial IRA Investment 2,500, Initial Group Retirement Investment 500, and Required Balance (charge a fee if your balance gets lower) 2,000
This post was edited on 2/6/15 at 9:19 am
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