Thread: help needed
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Old 07-23-2005, 04:09 PM
ALawPoker ALawPoker is offline
Join Date: Jul 2005
Location: Rochester, NY
Posts: 38
Default Re: help needed

Thanks for the help, Sniper.

So how do you go about purchasing index funds? Do they have a ticker symbol just like a stock? I recently opened an account with Scottrade, I assume you can invest in indexes through any brokerage firm, such as Scottrade, correct?

Also, what fees are associated with index funds? I didn't realize there were any fees other than the commision fee. To collect the fees do they simply take the money out of the net worth of the investment?

Thanks again for your help. And to answer your questions, yes I am young, 22 years old. And I am willing to put in at least a few hours a week. I think it will be fun, and will be a good divergence from poker. So I may focus some of my money on some individual stocks, as you suggest.
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