LogFAQs > #935482481

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicIs now a good time to buy stocks with $50?
Master_Bass
03/10/20 12:12:03 PM
#44:


-Komaiko54- posted...
Bro the stock market is hitting all time highs and I'm NOT supposed to take advantage of that?

You are buying stocks when you buy mutual funds. I don't mean to be rude, but you really should research something before you throw money into it.

Mutual funds are funds you buy into that hold many stocks to give you diversification. Some funds track the whole market while others just the S&P500, etc.

I would recommend just going with ETFs for a small time investor, though. They're very similar to mutual funds but don't have a minimum buy in amount like many mutual funds. VTI, which I mentioned earlier tracks the total market, but there's plenty others out there too.

Fidelity has some good Zero fee mutual funds as well, but you have to have a Fidelity account to buy them. I don't think it has a minimum buy in amount, but I don't hold any so I could be wrong.
---
Many Bothans died to bring you this post.
... Copied to Clipboard!
Topic List
Page List: 1