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Is there a mutual fund i can invest in with only $1000?


Is there a mutual fund i can invest in with only $1000?

Heaps! Go to the Mutual Fund center on Yahoo Finance. It will tell you what the minimums are on the funds you are interested in.

You can also check on a discount brokerage site, like TDAmeritrade or Scottstrade. You may wish to invest in an ETF. There are many available and the expense ratio's are much less. There are also no minimums.

Yes.

There are many. You can find them at Moodys or most online brokerages such as Fidelity or Yahoo. Rule of thumb: put your money in Safe FDIC protected cd/money market until you have 3 month's income on hand. The market is where the superbowl looks like a sandlot.

Yes. Go to morningstar.com and search mutual funds. You will find several you can get started with. I can recommend Excelsior Value and Restructuring symbol UMBIX. Can get started with $500. Add to with $50 increments. Stellar large company fund with excellent track record and fund manager who is highly regarded. Good luck.

I would suggest you put $500 in mutual fund and balance $500 buy some good stock. Check the website http://money-review-site.com/shares.html
to learn more on stock trading and how to select the best stocks.
Hope it helps

.Yes Vanguard Star Fund it is a good one go to Vanguard . com
or call them the star fund will allow you to invest $1000. Don't listen to that answer to put 500 in a fund and 500 in stock the commission alone will kill you and you can not buy much with $500

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