P
Patrick Holzer
After reading and consideration about the type of investor I would
like to be, I have found that index fund investing appeals to me. My
thought is that I would like to invest in an index fund that includes
all, if not many, of the domestic US traded stocks (Like the S&P 500
Index Fund). Additionally, I would like to invest in a Bond index
Fund and an International Index Stock fund. Are there any suggestions
for funds that I could research?
Also, if I open up a discount brokerage account to purchase shares of
these funds, is it possible for me to on a monthly schedule purchase
shares even if the amount does not allow for a purchase of a whole
share? For example, a share of a Bond Index Fund is $101. On Oct 31,
I automatically spend $100 to buy a share of the bond stock. Do I
have a portion of the stock through my discount broker or must I
always buy in whole shares?? How does this autopilot purchasing
through discount brokerages work?
Thanks in advance,
Patrick Holzer
like to be, I have found that index fund investing appeals to me. My
thought is that I would like to invest in an index fund that includes
all, if not many, of the domestic US traded stocks (Like the S&P 500
Index Fund). Additionally, I would like to invest in a Bond index
Fund and an International Index Stock fund. Are there any suggestions
for funds that I could research?
Also, if I open up a discount brokerage account to purchase shares of
these funds, is it possible for me to on a monthly schedule purchase
shares even if the amount does not allow for a purchase of a whole
share? For example, a share of a Bond Index Fund is $101. On Oct 31,
I automatically spend $100 to buy a share of the bond stock. Do I
have a portion of the stock through my discount broker or must I
always buy in whole shares?? How does this autopilot purchasing
through discount brokerages work?
Thanks in advance,
Patrick Holzer