Article: Think Small - Investing With Little Scratch
You can invest in an individual retirement account (IRA) for just a few hundred dollars or less. Opening an IRA at South Carolina Federal Credit Union usually requires a lower minimum deposit than if you invest in a taxable fund, such as a mutual fund. Nearly half of all mutual funds have a minimum initial investment of $1,000 or less.
Even if you invest during a declining market, when prices eventually rise, you'll be glad you got your portfolio up and running. Call South Carolina Federal Credit Union today for more information.
*Neither CUNA nor the author of this article is a registered investment adviser. Readers should seek independent professional advice before making investment decisions.Copyright 2008 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved