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General Finance Question – Market Index Funds

 

Q: I want to purchase a total market index fund, with the best dividend and buy regularly on my own. How do I proceed?

 

A: Thanks for your question.  I would look to open an account at one of the discount brokerage firms like, Vanguard, Schwab, or Fidelity. We can’t really give specific investment advice without knowing your situation but if someone is looking for growth only and low cost I would look into buying SDY or the S&P 500 index fund.  Both of these investments can be purchased initially and have money added to them over time.


 

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