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Is anyone here using T.Rowe Price, Invesco, or some other investment groups' Automatic Asset Builder program? I mean for Roth IRA's and mutual fund purchases on a regular basis. I understand that some will let you start with as little as fifty dollars a month.
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I have invest $100 a month (was $50 at some point) in the Janus mutal funds for over 10 years
I also put in $50 in each of my 3 kids college savings fund at Fidelity in the 529 plan. You probably want to check with each company to see what their policies are for funding their mutual funds. |
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I invest at Fidelity. For monthly automatic transfers, I think the minimum is $100. Otherwise, if you transfer over when you feel like it. The minimum if $250. It was very convenient last year for $250/month = $3000 in the Roth.
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