Tilted Forum Project Discussion Community - View Single Post - Direct Mutaul Fund investing and Brokerage Houses

eribrav · 05-01-2005, 10:22 AM

1. I think if you went to the company websites you could find their phone numbers and open the account by phone. Maybe buy Barron's or other financial publications, they would have the ads which should have contact info.
I know that Vanguard sells direct to consumers. They're an outstanding, low cost fund family you sshould consider.

2. Do you mean you're going to be buying a slug of mutual fund shares each time or are you talking about trading something else, like stocks? If it's a direct invest mutual fund it won't matter. If you mean acquiring shares of stock, then the DRIP (dividend re-investment programs) make sense. Honestly though, for the amount of money you're talking, you should probably stick with buying no-load fund shares. You just don't have a big enough pool yet to be buying individual equities.

05-01-2005, 10:22 AM	#2 (permalink)
eribrav Junkie Location: upstate NY	Hope this helps 1. I think if you went to the company websites you could find their phone numbers and open the account by phone. Maybe buy Barron's or other financial publications, they would have the ads which should have contact info. I know that Vanguard sells direct to consumers. They're an outstanding, low cost fund family you sshould consider. 2. Do you mean you're going to be buying a slug of mutual fund shares each time or are you talking about trading something else, like stocks? If it's a direct invest mutual fund it won't matter. If you mean acquiring shares of stock, then the DRIP (dividend re-investment programs) make sense. Honestly though, for the amount of money you're talking, you should probably stick with buying no-load fund shares. You just don't have a big enough pool yet to be buying individual equities.