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TopicIs now a good time to buy stocks with $50?
Sariana21
03/09/20 11:51:31 PM
#40:


Never buy stocks. Stick with mutual funds. Find an index fund that tracks one of the major indices (Total Market, S&P 500, or similar). You don't want to own a stock with so little to invest.

Go to a discount brokerage such as Charles Schwab and get some advice. Most funds have minimum investments. I know some allow $50 deposits, but I don't know how many allow only $50 for an initial investment.

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Sari, Mom to DS (07/04) and DD (01/08); Pronouns: she/her/hers
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