Mutual Fund Investing Question?

When investing in a mutual fund, what is the difference in the minimun initial investment and the minimum IRA investment. For example the fund im looking at says the min. investment is $2500, min. IRA is $1000, subsequent $1000. Additionally how often must you make the “subsequent” investments?

BornConfused Asked on April 4, 2015 in Finance.
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1 Answer(s)

They aren’t saying you have to put in more money, they are saying IF you add more money it has to be at least $1,000.

Teen_Touch Answered on June 9, 2015.
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