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I've posted the following message on another board recently but it was pointed out to me that if I wanted additional responses, it'd be a good idea to post here as well. My thought is, why didn't I think of this?

I would like to keep all my investment accounts at one brokerage. My brokerage charges $18 per buy/sell of mutual funds and $8 per buy/sell of stocks. I want to put between $300-$600 a month into a SIMPLE-IRA. At this time, I'd like to invest in either an index tracking stock or an index tracking fund. I'd prefer said investment to track the NASDAQ over the S&P.

Should I choose a stock or fund? If I choose a fund, should I bite the bullet and find a brokerage with a lower fund fee? Likewise, might it be a good idea to open an account with a fund manager such as Vanguard and buy their funds through them?

Is there a fund that tracks the NASDAQ? For instance, SPY is to VFINX (Vanguard Fund tracking the S&P 500) as QQQ is to what?

Thank You!

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