Jenny wrote, I don't have to pay a commission to put money into an index fund? I have about $1500 in VFINX right now and I paid a commission to do that. Maybe because it was my initial purchase of that fund?It is possible that Ameritrade charges you to invest money into VFINX. I am not familiar with their fees to comment with any certainty.However, if you are going to invest in Vanguard funds, two popular choices are either Scottrade or directly with Vanguard. Personally, I opted to go directly with Vanguard for all of my retirement accounts. I have a taxable account with E*Trade but I am thinking of moving that to Scottrade.If you are paying commissions with Ameritrade, I would strongly encourage you to roll that into another broker.dt
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