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Investing/Strategies / Drip Investing - The Basics


Subject:  Index Fund Drip Date:  7/16/1999  10:58 AM
Author:  xu4054 Number:  8878 of 27910

Hi all,

I am looking into the possibility of an S&P (or even better, a NASDAQ)Index Fund Drip program, the reason being that I seem to be where I was since the beginning of this year but all the major indices have all gone up nicely. I don't have much money to invest so I figure DRIPping is most suitable for me, I have zero experience in mutual funds, just hope to find a fee-free or(with minimal cost) that doesn't require much initial investment, is Vanguard a good candidate? Hope you can enlighten me, I went to their website and don't know where to start, I am probably on the wrong board, is there a Fool's school board somewhere, couldn't find it though.


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