Making Cents: Invest Small and Often
One of the biggest hurdles individuals face when wanting to buy shares in a mutual fund are minimum investment requirements, often $2,500 or more when you first buy fund shares. However, small investors should note that it’s easy to invest less, as long as you promise to invest regularly. Literally hundreds of fund companies waive minimum requirements for those who sign up for automatic investments of as little as $50 a month. If this suits you, call your favorite fund companies and ask if they have such a program.
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