I am fairly new to the IRA investment realm and have been doing research on the best way to go about mutual funds. I am trying to decide if it's better to wait and save enough money to buy into a mutual fund with a common minimum investment anywhere from $1500-$2500, or to get the ball rolling and start with the low minimum funds for around $500. My concern with the higher minimums is that it would take super long to wait for thhe capital, invest, AND diversify the portfolio to what I want. Especially if I want to spread my funds around equities, bonds, and the various levels those two categories hold.
tl;dr - Is the juice worth the squeeze to wait and invest in a higher minimum investment mutual fund, considering my desire to diversify contributions to my IRA?
Submitted April 11, 2017 at 10:04PM by 1TrackMack http://ift.tt/2nCRsnl
