Mutual Fund Investing Question?

When investing in a mutual fund, what is the difference in the minimun initial investment and the minimum IRA investment. For example the fund im looking at says the min. investment is $2500, min. IRA is $1000, subsequent $1000. Additionally how often must you make the "subsequent" investments?

retail mutual funds and funds held in a tax deferred acct usually have different minimums. in your case, for a taxable retail acct, you would have to start with $2500 and every time you added money, it would have to be at least $1000. They will let you set up a IRA with $1000, but you still have to add at least $1000 at a time. You dont have to make additional investments ($4000 annual limit for IRAs) Those are high mins... look at Putnam mutual funds for very low mins (currently waiving all minimums)

They aren't saying you have to put in more money, they are saying IF you add more money it has to be at least $1,000.

Subsequent investments are optional (not required).

The minimums are the amount that you must send them before they will open an account for you. If you want to open an IRA the amount you'd need to send them is $1,000. If it's a non-IRA account you're opening you'd need to send them $2,500.

Tags

　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield

Related information

What is a very good way to invest my money as a novice - (stock, mutual fund, etc.)?

Dude, you need to check out what is called an indexed mutual fund. The way it works is the company guarantees your full invested capital; so you can't lose that. The money that they make is ad...

Which TSP fund is the best? how much should i invest?

I do think that with MetLife managing the annuity fund, that part won't be too bad. The comparison chart is below, but part of the issue is the risk and reward mix that is best for you. Why ...

I recently came into $5 million dollars via a trust fund. What is the best way to invest this amount of money?

Congratulations! The best way to invest money depends on many things, e.g., your age, married/single, kids, your job, etc., etc. Having $5 million, you need and can afford professional advice...

I need to know what are some good and bad mutual funds to invest in if i decide to save for college?? Why??

Come on. You want us to do your home work for you? The point of a home work assignment is to learn something. Now get busy and start doing some research. You can start with Yahoo mutual fund scr...

Which in better to invest... a house in florida or in a mutual fund with interest rate of 80%?

If you know of a mutual fund that averages 80% documented history then please let me know.

...

Which in better to invest... a house in florida or in a mutual fund with interest rate of 8%?

It's a question of risk and "asset allocation". The house is a single asset. What ever it does, all your money does. A mutual fund by it's nature (most of the time) will...

I want 2 invest in mfs suggest me best open ended mutual fund (nfo)?

Reliance RNR HDFC Infrastructure

...

I want to invest some money in shares in India. Is Mutual Fund a ggod choice? Does Hindalco hv good prospect?

I think its a good time to invest in stock. The bull run is not due to some speculative trading but due to excess liquidity in the market and from FIIs and increase in purchasing from Indian MFs. T...