Go to Jeff Salisbury LWGate Home Page.From: Douglas Gerlach <gerlach@investorama.com>
Subject: Re: Kids and Saving ?
Date: Fri, 29 May 1998 18:43:38 -0300
Next Article (by Date): Re: IRA for Kids "Louis J. Schwarz, CFP, RFC"
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At 03:48 PM 5/29/98 -0600, you wrote: > >Does anyone know of a good growth mutual fund with less than a >$25.00 min. monthly investment? You can find funds with low minimums using the Quicken.com FundFinder, at http://www.quicken.com/investments/mutualfunds/finder/. There are 300 no-load funds with minimums of $250 or less (the smallest amount that you can search on), but many are only sold through brokers. Some of the funds, though, have no minimum purchases. You may have to keep the money in the bank and invest quarterly in a fund. You might look at opening a brokerage account with an online discount broker with no minimum, such as Waterhouse, collect the money in the account until you have enough to buy one of the funds in their no-load family, and then make the purchase. >Also, does anyone know of a good charity (preferably one that deals >with children) that will accept donations of around $5.00 a month. Please >don't suggest donation box at church. I'd suggest the Starlight Foundation, a reputable charity which grants wishes to terminally or seriously ill children. You can find their web site at http://www.starlight.org. They have chapters around the world. You might also consider the Make A Wish Foundation, on the web at http://www.wish.org. _____________________________________ Douglas Gerlach Invest-O-Rama!, http://www.investorama.com Investment Club Central, http://www.iclubcentral.com Author, Investor's Web Guide, http://www.investorama.com/guide - -
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