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Start up mutual fund account? |
what mutual fund company has the lowest start up balance i do not have 2-3k to put in to an account i am only 24 but would like to start something can i do something with a few hundred and just add like 50 a month for the next 45yrs??? what is the link for the fund screener-- i thought i found it but it is asking for my credit card Use Morningstar.com's fund screener to search for no-load funds with minimum initial purchases of $500 or less. There are many. Why would you invest in a Mutual Fund. Why not just buy the stocks the mutual fund possess and save 2-5% they are taking out of profit. They over all have not produced as well as the stock market has. |
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If there were such a fund it would be more risky than most. First the supposition that it concentrates solely upon foreign telecommunications organizations is limiting the amount of diversificatio... No hassles. A mutual fund certificate is of absolutely no value. If, at any point of time you wish to redeem the investment, you would only require your folio number, and the bank details and the a... check with the Securities and Exchange Commission for complete details to get your question answered--they are in NYC, NY, i believe.. good luck to you...... ...Your daughter owns the mutual fund, but you probably own the 529. Any funds moved from the child's mutual fund into your 529 plan would still be subject to the rules for custodial accounts. ... No, you do not pay any taxes on it. Bona-fide gifts are never taxed to the recipient, only the giver. Assuming that that didn't make any single deposits to it that exceeded the Gift Tax ex... u can redeem your mutaul fund investments by filling up the transaction slip, which is given on the bottom of your mutual fund statment. fill theat slip correctly and send it to the mutual fund com... T. Rowe Price is a fund company, so it makes sense that they would require you to put the money in some type of mutual fund. If you had opened it with a brokerage like Fidelity or Banc of America ... What do you mean by MIS? AFAIK MIS stands for Monthly Income Scheme. What is that MIS to monitor SIP? ... |
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