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<blockquote data-quote="Cattle Rack Rancher" data-source="post: 507358" data-attributes="member: 245"><p>Well, it depends. For stocks, I usually like to buy about $3500 at a time. For mutual funds, you can start with a monthly contribution of $100 a month or less depending on where you are dealing. As I said, if I was just starting, I'd open an online account with Schwab or someplace like that and buy a position in one of the Index Participation Units that I listed above just to give you a feel for how the market works. Either that or buy a position in a really solid company like Microsof <strong>MSFT</strong> or Wal Mart <strong>WMT</strong> or maybe 3M <strong>MMM</strong>. There are even lots of sites that will let you build a fake portfolio of stocks just so you can watch them. The cost is $0 to do that. Its difficult for me to recommend a good US site, but in Canada, Globeinvestor, BMO Investorline and RBC Action Direct are good ones. Good Luck.</p></blockquote><p></p>
[QUOTE="Cattle Rack Rancher, post: 507358, member: 245"] Well, it depends. For stocks, I usually like to buy about $3500 at a time. For mutual funds, you can start with a monthly contribution of $100 a month or less depending on where you are dealing. As I said, if I was just starting, I'd open an online account with Schwab or someplace like that and buy a position in one of the Index Participation Units that I listed above just to give you a feel for how the market works. Either that or buy a position in a really solid company like Microsof [b]MSFT[/b] or Wal Mart [b]WMT[/b] or maybe 3M [b]MMM[/b]. There are even lots of sites that will let you build a fake portfolio of stocks just so you can watch them. The cost is $0 to do that. Its difficult for me to recommend a good US site, but in Canada, Globeinvestor, BMO Investorline and RBC Action Direct are good ones. Good Luck. [/QUOTE]
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