http://www.xtacash.com/where-can-a-person-start-investing-into-an-ira-that-doesnt-require-a-lot-of-money-for-the-initial-deposit-2/ Just another WordPress weblog Sun, 28 Feb 2010 07:02:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.xtacash.com/where-can-a-person-start-investing-into-an-ira-that-doesnt-require-a-lot-of-money-for-the-initial-deposit-2/comment-page-1/#comment-695 akrigby1 Sun, 13 Sep 2009 23:01:23 +0000 http://www.xtacash.com/where-can-a-person-start-investing-into-an-ira-that-doesnt-require-a-lot-of-money-for-the-initial-deposit-2/#comment-695 There are mutual funds that do that. Suggest that she research mutual funds. When she finds one she likes, look at it's IRA plan. Another option would be the local bank for starters. Avoid DRIPs which are just one company stock. Suggest that she look at a ROTH IRA ... not the traditional IRA. Below are some examples and one mutual fund company that used to accept automatic monthly investments of $25.00 per month, I do not know what their minimum monthly is now. As always, investigate before you invest. There are mutual funds that do that. Suggest that she research mutual funds. When she finds one she likes, look at it’s IRA plan.
Another option would be the local bank for starters.
Avoid DRIPs which are just one company stock.
Suggest that she look at a ROTH IRA … not the traditional IRA. Below are some examples and one mutual fund company that used to accept automatic monthly investments of $25.00 per month, I do not know what their minimum monthly is now.
As always, investigate before you invest.

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