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Id like to invest in stocks or mutual funds that will grow steadily until I retire, but I don have a lot of money. Where should I start?

April 26, 2017grow invest money Mutual funds retire steadily stocks

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Id like to invest in stocks or mutual funds that will grow steadily until I retire, but I don have a lot of money. Where should I start?

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Start with a no-frills discount broker, such as ShareBuilder, which has no investment minimum, no account minimum and no annual fee. It charges just $4 to buy a stock ($12 a month for unlimited purchases). You can even buy fractional shares, so it works well for investors who want to invest a fixed amount each month. In addition to individual stocks, ShareBuilder lets you buy exchange-traded funds (ETFs) — fixed baskets of stocks that track a particular index or industry sector, giving you the diversification of mutual funds without the high minimum investments. To offer its rock-bottom rates, ShareBuilder bundles its buy orders and executes them just once a week, so frequent traders need not apply.