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/biz/ - Business & Finance

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457189 No.457189[DELETED]  [Reply] [Original]

I have $500 in hand and would like to start investing in index fund.

Now the only funds that have a minimum of $500 investment are the Charles Schwab index funds.

But I don't know which one to get, is there anyone who could give advice?

http://www.schwab.com/public/schwab/investing/accounts_products/investment/mutual_funds/schwab_mutual_funds/equity/index

There is -
SWPPX - Schwab® S&P 500 Index
SWTSX - Schwab Total Stock Market Index®
SNXFX - Schwab 1000 Index® Fund
SWSSX - Schwab Small Cap Index Fund®
SWISX - Schwab International Index Fund®

Ideally I will have saved enough from my current job to invest in a good vanguard index fund as my family has always used it.

thanks for any advice

pic unrelated

>> No.457217 [DELETED] 

>>457189
>Index funds.
Have fun doubling your money in 20 years.

>> No.457220

>Index funds.
Have fun doubling your money in 20 years.

That said, S&P 500 Index.

>> No.457609

vanguard total stock market index

>> No.457648

>$500
>Index fund

Man the fuck up and pick a speculative stock. It's only $500 in the long run.

I'd suggest American Apparel (APP)

>> No.457652

>>457648
>American Apparel (APP)
terrible choice. YUM is the stock to own. they own taco bell and kfc.

>> No.457656

>>457189
Investing $500 in index funds is like starting a new business with $12.

There's a minimum for a reason.

>> No.457661

>>457652
So, he's going to purchase 6 shares of YUM? 6 fucking shares?

American Apparel has a much better upside.

>> No.457665

>>457661
>American Apparel has a much better upside.
If by upside you mean going bankrupt, then yes, I agree

>> No.457666

what is the point in earning $30 a year?

The fees will probably cost more than that

>> No.457668

about index funds:
is it important that it's real replication or is swap based ok?

>> No.457670

>>457665
http://investors.americanapparel.net/releasedetail.cfm?ReleaseID=858956
American Apparel Signs Support Agreement with Standard General
>"Under the agreement, Standard General will provide up to $25 million in immediate financial support to the Company"

>> No.457673

>>457670
get out while you can.

>> No.457675
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457675

>>457673
Under what pretense would I possibly leave before $2.00 a share?