Some mutual funds require $1,000 to $3,000 to start.
💡 Some brokers charge $50+ to buy a fund that isn't on their "preferred" list. Always look for No-Transaction-Fee (NTF) funds. best platform to buy mutual funds
They build a diversified portfolio of low-cost funds for you based on your risk tolerance. Pros: Automated rebalancing and tax-loss harvesting. Some mutual funds require $1,000 to $3,000 to start