How Do You Buy Mutual Funds | Online

While not a guarantee of future gains, it helps to see how the fund handles market dips. 4. Place Your Trade

Look for the "initial investment" requirement. Some funds require a minimum of $1,000 to $3,000 to start, while others (especially "Total Market" index funds) may have a $0 minimum. 3. Research and Pick Your Funds how do you buy mutual funds online

Don’t just pick a fund because the name sounds cool. Use the broker’s research tools to check: While not a guarantee of future gains, it

Buying online is the most cost-effective way to invest. By cutting out the middleman, more of your money stays in the market where it can grow. Some funds require a minimum of $1,000 to

Decide between an Index Fund (which tracks the market) or an Actively Managed Fund (where a pro tries to beat the market).