|
Load Companies with $50 (or less) Minimum:
Van Kampen
(800) 341-2911
www.vankampen.com
Automatic investment minimum: $25/month
Putnam Investments
(800) 225-1581
(call to double check)
www.putnaminvestments.com
Automatic investment minimum: $25/month
FranklinTempleton Investments
(800) 632-2301
www.franklintempleton.com
Automatic investment minimum: $50/month
Note: not all funds are eligible, so best to check with customer service.
American Funds
(800) 421-0180
www.americanfunds.com
Automatic investment minimum: $50/month
AIM Funds
(800) 959-4246
www.aimfunds.com
Automatic investment minimum: $50/month
Index Funds
Here's a list of some popular index funds. Remember, they all represent investments in the stock market-meaning there is risk involved. So read their prospectus before your invest any money.
S&P 500 Index Funds
Vanguard Index 500 (symbol: VFINX)
800-662-7447
www.vanguard.com
Minimum investment: $3000 for regular accounts/$1000 for IRAs
Systematic investment: Must first meet minimum requirements then it is $100 minimum for additional investment.
Dreyfus S&P 500 (symbol: DSPIX)
800-782-662
www.dreyfus.com
Minimum investment: $2500 for regular accounts/$750 for IRAs
Systematic investment: Minimum investment requirement is waived, can be started with $100 investment.
|
I can't belive how much money I've wasted in the last year!!! ON COFFEE and snacks!! I am a single mom of 3 small children and a teacher. Every day during our first recess, a co-worker and myself would race to the nearest Chevron for more coffee (I always bring a mug full from home, but it's gone by 9:30am). As I was reading your book, The Automatic Millionaire, I started doing the math of what I was spending each morning. EVERY morning, 5 days a week, I spent $1.10 on coffee plus $.99 on a ... 
In Start Late, Finish Rich, David Bach takes the "Finish Rich" wisdom that has already helped millions of people and tailors it specifically to all of us who forgot to save, procrastinated, or got sidetracked by life's unexpected challenges.
