Sign up, and you can make all message times appear in your timezone. Sign up
Jun 1, 2016
7:55:21am
Acorn All-American
I would need to check, but I think their minimum is $2,500.
Same for Fidelity. I am not sure if Schwab is the only one of the bigs that caters to the truly small investor just starting out. $2,500 is a huge hurdle for a lot of people.

I have some holdings at Vanguard, and the donation in kind process is significantly more cumbersome than at Schwab. I have been shifting to schwab, even to the extent that when I exit a vanguard position, I will transfer my residual Vanguard positions to my Schwab account, and donate from there.

Also, if you have $2,500 around, you might check out doing an indexed ETF instead of an indexed mutual fund.
This message has been modified
Originally posted on Jun 1, 2016 at 7:55:21am
Message modified by Acorn on Jun 1, 2016 at 8:00:12am
Message modified by Acorn on Jun 2, 2016 at 7:28:38am
Acorn
Bio page
Acorn
Joined
Nov 25, 2004
Last login
Mar 28, 2024
Total posts
18,362 (2,149 FO)
Messages
Author
Time
6/1/16 7:35am
6/1/16 7:50am
6/1/16 8:01am
6/1/16 8:06am

Posting on CougarBoard

In order to post, you will need to either sign up or log in.