Online — How Do You Buy Mutual Funds
Look for the "initial investment" requirement. Some funds require a minimum of $1,000 to $3,000 to start, while others (especially "Total Market" index funds) may have a $0 minimum. 3. Research and Pick Your Funds
While not a guarantee of future gains, it helps to see how the fund handles market dips. 4. Place Your Trade how do you buy mutual funds online
Don’t just pick a fund because the name sounds cool. Use the broker’s research tools to check: Look for the "initial investment" requirement
This is the annual fee. Look for anything under 0.20%. High fees eat your profits over time. 000 to $3