What is a good mutual fund to start with?
September 4, 2009 by admin
Filed under Questions and Answers
Ty C asked:
I want to begin investing and I believe a mutual fund is my best option. Should I go with one that tracks the S&P or one like the Vanguard Total Global Market fund? So many to chose from but whats a good starting fund? I know most Vanguard funds are 2,500 to open and thats fine. And its wise to continue putting money into your fund over the years correct?
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I want to begin investing and I believe a mutual fund is my best option. Should I go with one that tracks the S&P or one like the Vanguard Total Global Market fund? So many to chose from but whats a good starting fund? I know most Vanguard funds are 2,500 to open and thats fine. And its wise to continue putting money into your fund over the years correct?
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Net Advisor on Tue, 8th Sep 2009 6:50 am
S&P 500 Index
Dollar Cost Average pref 4 times a money if poss, or no less than 1x per month.
I prefer DCA 2 days before the 3rd Friday of each month and 3 days before the last day of every month.