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Old 11-09-2006, 03:00 AM
Henry Henry is offline
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Quote:
Originally Posted by Alvin View Post
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.
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