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Index Funds 2021

Posted on 2/3/21 at 8:39 am
Posted by PelsForLife
Member since May 2019
456 posts
Posted on 2/3/21 at 8:39 am
What are some good LOW COST index funds for 2021? I know of FNILX. Anymore that I should keep an eye out on? Thanks.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11338 posts
Posted on 2/3/21 at 8:54 am to
there are literally dozens if not hundreds. what space/industry are you looking to get into?
overall market? VTSMX
Large/Mid/Small cap?
Overall international?
International emerging markets?
S&P 500?
S&P 500 value?
one that specifically tracks the russell, dow, nasdaq or other index?
if you google one of these areas and add "index fund" you'll get a list of vanguard, fidelity & other funds where you can then check the expense ratio and compare between them. google allows fund comparison now, just click "compare" and add another one. you'll see a vanguard and fidelity fund in the same space will have very similar expenses(both low cost) and track pretty much the same on a chart.
Posted by PelsForLife
Member since May 2019
456 posts
Posted on 2/3/21 at 9:08 am to
Under the $30 mark would be ideal since I'm new to this.
Posted by geauxpurple
New Orleans
Member since Jul 2014
12350 posts
Posted on 2/3/21 at 9:20 am to
Vanguard Total Stock Market Index.
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1541 posts
Posted on 2/3/21 at 9:31 am to
Most Index funds have a minimum amount to get into the fund. Once in there is no minimum after. FOr example: VTSAX is minimum $3000 initial investment. After that you can invest as little as you want each purchase.

I don't beleive you are getting into Franklin or Vanguard funds for $30 at a time
Posted by PelsForLife
Member since May 2019
456 posts
Posted on 2/3/21 at 10:03 am to
Got it, thanks for that info.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31131 posts
Posted on 2/3/21 at 10:09 am to
quote:

Under the $30 mark would be ideal since I'm new to this.


Don't think about the share price. Think about the growth prospects... because at the end of the day 10% growth is 10% growth on your investment.
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 2/3/21 at 10:11 am to
TD Ameritrade will waive or significantly reduce the minimum purchase amount if you are adding to traditional or Roth IRA.

For under $30, the only one I'm in is VWINX.
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