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 more.
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.