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-   -   Index funds. There is Vanguard...what else should I be looking at? (http://archives2.twoplustwo.com/showthread.php?t=325891)

1C5 08-30-2005 11:04 AM

Index funds. There is Vanguard...what else should I be looking at?
 
Is there a site that compares different ones, I have heard some good things about Vanguard but maybe there are others that are better to my needs?

midas 08-30-2005 02:44 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
What are your needs? Can you buy ETFs like SPY or MDY?

FishHooks 08-30-2005 02:50 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
Vangaurd is basically the best, they have the lowest cost.

1C5 08-30-2005 03:01 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
I want something with low fees that I can add around $1000 to each month with no fees for adding new funds.

FishHooks 08-30-2005 03:25 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
Vanguard Index Funds. Most of them are called no load funds, which means they dont charge a commission for putting money into the fund.

bighomage 08-30-2005 04:46 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
Sorry to hijack this thread, but if I'm only investing like $1000, what index fund should I buy? Or should I just screw the market fund idea. I was looking or a good S&P 500 index.

CardMinger 08-30-2005 05:22 PM

Re: Index funds. There is Vanguard...what else should I be looking at?
 
Well I believe the minimum (initial deposit) at vanguard is $3000 for the S&P 500 Index Fund.

I would recommend saving until you have the 3k needed. In the mean time I would recommend a CD & savings account at ING Direct. You could put the $1000 into a decent rate CD for a year and try to save ~$150 a month in the 3.5% savings account. At the end of the year you should have just about the 3k you need for the S&P 500 Fund.

IMO a year from now might be a lot better time to invest...

Good luck,
Kevin


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