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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75833  
Subject: Re: Regular investing Date: 1/16/1999 11:17 AM
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Greetings, Foolishmoola, and welcome. You asked:

<<I am new to Foolish investing. I am dumping my mutual fund accounts and, after the initial investment in the Foolish4, what do some of you do with the regular monthly investments that used to be funnelled into mutual fund accounts? As I'm not talking thousands of dollars on a monthly basis, would it be better to dump it into an index fund and wait to add it to the Foolish4 account after a year and a day wait, buy individual stocks in some of the Obviously Great Companies, or what?>>

Zev aka Zgriner pointed out what most of us do, and that's to use the broker's sweep account (a form of interest-paying money market fund) or an index fund. Trying to trade with small monthly dollar amounts would cost you big time in commissions, even with a discounter. It's just not worth it.

Regards….Pixy
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