But your checking account/savings account isn’t going to give you 5% interest, so you’re not only…
Nicole Dieker

You can, sorta… I mean, one share of VUN (Canadian index fund for US market… there’s a US analogue) is about thirty bucks, I think. And index mutual funds can be bought in any fractional amount (when I bought my first ones, I tested it out to make sure I was doing it right with a couple bucks).

And ING’s index mutual fund was completely free to set up and can start with as little as 100 bucks and any amount after that. (Maybe less… I think I just put in 100 bucks so I could see easily how much it earned… that was a mistake because then I got a tax slip that I don’t know what to do with for $2 of profits!)

Like what you read? Give randomthoughts a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.