Invest in index fund near $2,000?
I'm starting my IRA side this year at E*trade. I've get almost $2,500 so far but it seem that you can't carry into mutual funds for smaller quantity than $5K or more. I'd approaching to start near a S & P Index fund... what are my option?
Answers:
I believe nearby are index funds that are traded close to stocks--about 300+ of them. You can buy as much as you want. Those available that are indexed to the S&P 500 are SPY, IVV, and RSP (my favorite because it is not capitalization weighted). Also you might check T Rowe Price I regard as that you can take into beside 2500. But ETrade I guess will charge you a stiff allowance to buy it for you. That's energy.
I'd stir near one of the Ryder Funds specifically for a tolerate bazaar. In broad we will be going down into November this year, so a fund that shorts the souk will be the better trade. Give it until Jan. 08 and see if its time to buy next switch to a fund that go long.
IRA is solitary allowed 4k unless you are 50. and these online brokers are NOT mutual fund friendly. You would be better bad beside teh EFT equivalents of them roughly lower expenses but wilder rides.
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Answers:
I believe nearby are index funds that are traded close to stocks--about 300+ of them. You can buy as much as you want. Those available that are indexed to the S&P 500 are SPY, IVV, and RSP (my favorite because it is not capitalization weighted). Also you might check T Rowe Price I regard as that you can take into beside 2500. But ETrade I guess will charge you a stiff allowance to buy it for you. That's energy.
I'd stir near one of the Ryder Funds specifically for a tolerate bazaar. In broad we will be going down into November this year, so a fund that shorts the souk will be the better trade. Give it until Jan. 08 and see if its time to buy next switch to a fund that go long.
IRA is solitary allowed 4k unless you are 50. and these online brokers are NOT mutual fund friendly. You would be better bad beside teh EFT equivalents of them roughly lower expenses but wilder rides.