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« How to Go from $5.5 Million to Living on a Pension | Main | How to Balance the Need, Willingness, and Ability to Take Risk »

May 03, 2007

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Hey this is off subject Im 18, and interested in investing, I have the small sum of 1400 to invest, I was thinking that index funds would be a good idea, but to be honest I dont really know where to start as far as getting to them, do I go to a bank, or do I purchase on line... I do quite a bit of reading and also keep up with this among other sites, but sometimes I just have a hard time understanding, and making actuall moves...Truth...

Go to Vanguard's site at www.vanguard.com and look at the options they make available for you. It's pretty simple to follow, though many funds will require more than $1,400 to start. But I believe you can sign up for automatic deposits and the amount limit is waived.

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