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Old 05-08-2008, 06:59 AM
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MonkeyMama MonkeyMama is offline
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It depends how much you have to start with.

Vanguard has one fund (STAR) with a $1k minimum. Which is a good way to start until you accumulate $3k to buy other funds.

Fidelity's minimums are $2500?

T Rowe you can open an account with $0 if you commit to regularly contribute $50.

I use all 3. I am loving T Rowe right now, for the low minimums though. Since we tend to trickle in small amounts monthly rather than contribute lump sums. Their Retirement funds also have pretty low expenses though they are made up of more expensive managed funds. So I find those to be a good deal.

All of my dh's stuff is invested in Vanguard, mostly index funds. I keep it simple for him since he doesn't want a complicated investment strategy. Vanguard's funds also have the lowest fees. For that I give them A+. They don't even charge any maintenance fees if you take electronic statements.

I have Fidelity from when I had a 401k. I just have some awesome funds over there, so I keep it.
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