Comments on: Low Minimum Initial Investment Mutual Funds http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 00:35:16 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Baolson http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292896 Baolson Fri, 05 Dec 2008 16:21:28 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292896 Another site I found recently (because I am trying to find a list of funds with small minimums for my children) is www.maxfunds.com. They have a free fund screener (Fund-O-Matic Fund Screener) where you can screen to find funds with a small initial balance and narrow down by asset category, etc. It is a pretty slick looking site and they have an interesting rating system. Another site I found recently (because I am trying to find a list of funds with small minimums for my children) is http://www.maxfunds.com.

They have a free fund screener (Fund-O-Matic Fund Screener) where you can screen to find funds with a small initial balance and narrow down by asset category, etc.

It is a pretty slick looking site and they have an interesting rating system.

]]> By: jim http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292888 jim Fri, 05 Dec 2008 13:31:45 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292888 @Jimmy: That's a good point... thanks for sharing it. @Jimmy: That’s a good point… thanks for sharing it.

]]> By: JimmyDaGeek http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292886 JimmyDaGeek Fri, 05 Dec 2008 12:18:18 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292886 You wrote "As for which one is best, I’d just tick the [Morningstar] 5-star setting and pick from one of the 26 results." Morningstar's rating system has no predictive value whatsoever. This has been documented many places. You wrote “As for which one is best, I’d just tick the [Morningstar] 5-star setting and pick from one of the 26 results.” Morningstar’s rating system has no predictive value whatsoever. This has been documented many places.

]]> By: Joe http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292880 Joe Fri, 05 Dec 2008 02:19:51 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292880 I have used Homestead Value Fund (hovlx). It is rated 4 stars by Morningstar. The minimums are very low. If you meet the low minimums or you agree to invest automatically until you meet the low minimus you can put $5 a month into the account if you want to start very very slow. I have used Homestead Value Fund (hovlx). It is rated 4 stars by Morningstar. The minimums are very low. If you meet the low minimums or you agree to invest automatically until you meet the low minimus you can put $5 a month into the account if you want to start very very slow.

]]> By: Miss M http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292871 Miss M Thu, 04 Dec 2008 22:49:05 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292871 I've used T Rowe Price's automatic asset builder since 2002 and I'm happy. OK maybe I'm not happy with my returns right now, but I don't blame TRP for that! There is no minimum to start and you only have to invest $50 at a time, 100% no load and with the asset builder plan there are no account balance minimums or fees either. Just don't shut off the AAB unless you have reached the balance minimum, below $2500 per fund and you get hit with fees. I think it's a great way for beginners to get started since they don't have to wait to save a huge initial investment. Also, using AAB you're automatically dollar cost averaging. I’ve used T Rowe Price’s automatic asset builder since 2002 and I’m happy. OK maybe I’m not happy with my returns right now, but I don’t blame TRP for that! There is no minimum to start and you only have to invest $50 at a time, 100% no load and with the asset builder plan there are no account balance minimums or fees either. Just don’t shut off the AAB unless you have reached the balance minimum, below $2500 per fund and you get hit with fees. I think it’s a great way for beginners to get started since they don’t have to wait to save a huge initial investment. Also, using AAB you’re automatically dollar cost averaging.

]]> By: Tim http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292870 Tim Thu, 04 Dec 2008 22:34:40 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292870 or you could go with someone like trowe in automatic investment plan that eliminates the min investment amt or you could go with someone like trowe in automatic investment plan that eliminates the min investment amt

]]> By: Eric N. http://www.bargaineering.com/articles/low-minimum-initial-investment-mutual-funds.html/comment-page-1#comment-292868 Eric N. Thu, 04 Dec 2008 22:12:30 +0000 http://www.bargaineering.com/articles/?p=3878#comment-292868 Hey! I have the STAR fund! I'm trying to accumulate enough in it to move to one of Vanguard's target retirement funds. Hey! I have the STAR fund!

I’m trying to accumulate enough in it to move to one of Vanguard’s target retirement funds.

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