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Originally Posted by Alvin  It seems like index funds are the way to go for the long-term, low-risk security basket. The problem is, the Vanguard 500 index, which looks really good, has a minimum of $5000 to open an account.
Is there anyway to start investing small amounts into index funds without bursting the bank? |
Here's an article from Brendan that mentions that you can start an IRA for $50 bucks:
Start a retirement account with only $50! at Catch a Gideon
Also, you can also look into various
ETFs (Exchange Trade Funds). It's the combination of index investing with the handiness and lower costs of individual stocks.