basic mutual fund question?

Question by Eric M: basic mutual fund question?
I am looking to diversify and i would like to add a few more mutual funds.

but to do so i need decent funds that allow an automatic investment plan that if set up will waive the initial minimum investment

example a homestead small value fund has a min investment of 1k through ameritrade
but i can set up a monthly debit from my bank and they take out 100/mo

is there a list of fund family’s that offer the same thing as homestead?

thanks

and i asked this once before and didnt get any replies besides lame ppl telling me 100 wont diversify my.

my reply to those ppl in advance.

i am 24 with a small account only 9k and i want to add 3 more mutual funds now. and dont want to wait.

Best answer:

Answer by Sherry
There are a lot of them, but you need to buy direct from the fund family and not through Ameritrade. Open-end mutual funds are purchased directly from a fund company (for example: Fidelity, T Rowe Price, and Vanguard). The Web sites for these and other fund companies provide extensive information about the objectives, risks, and costs of each of the many funds that they offer.

Give your answer to this question below!

Tags: , , ,

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

Leave a Reply