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maryspecht

March 14, 2008

Posted by maryspecht

What index funds have a minimum contribution of $5,000 or less?

I noticed many index funds require $10,000 or more at minimum to open an account. It seems like a great time to buy low, but I can't dedicate that much money right now. I appreciate your suggestions.

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bahellman

March 14, 2008

Posted by bahellman

4 stars ( 2 ratings )

look at vanguard's, which I personally own and highly recommend. They have minimums in 2k range.

Comments

  1. bahellman: More specifically I recommend the following:

    Vanguard 500 Index (VFINX)
    INVESTMENT INFORMATION
    Min Initial Investment: $3,000
    Min Initial Investment, IRA: $3,000
    Min Initial Investment, AIP: $3,000
    Min Subsequent Investment: $100
    Min Subsequent Investment, IRA: $100
    Min Subsequent Investment, AIP: $50

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inthemoney

March 14, 2008

Posted by inthemoney

3 stars ( 1 rating )

Exchange traded funds (ETFs) are index funds or trusts that are listed on an exchange and can be traded intraday. Investors can buy or sell shares in the collective performance of an entire stock or bond portfolio as a single security.

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