What is the cheapest easiest way to buy shares in the US – I want a low minimum investment amount

« Back to Previous Page
0
0
Marked as spam
Posted by Jana Sanchez (MONEY FORUMS: 1, Answers: 0)
Asked on December 17, 2015 12:38 pm
62 views
0
Private answer

There are many mutual funds which have low minimum investments, particularly if you choose a target date (retirement) fund ($1000). Mutual funds provide diversification and are less risky than buying individual stocks. You buy directly from the mutual fund company and don’t pay commissions or fees. The mutual funds with the very lowest operating costs (the costs that reduce your returns) are index funds, which are pretty much run by computer program and not by highly paid financial guys trying to beat the market.

Marked as spam
Posted by Beth Tallman (MONEY FORUMS: 1, Answers: 61)
Answered: January 18, 2016 6:29 pm
0
Private answer
Have you heard of Acorns? It's an app that helps you invest in very small forms. There are some great reviews of it out online that can explain it more in depth, but I love that it is a great way to get your toes dipped in investing.
Marked as spam
Posted by Michelle Diamond (MONEY FORUMS: 0, Answers: 26)
Answered: December 17, 2015 2:20 pm
« Back to Previous Page