I have about 500-1000 dollars every month to invest, what should I do with it?

I have about 500-1000 dollars every month to invest, what should I do with it? I have about 500-1000 dollars every month to invest, what should I do with it, I already have a high yielding roth 401k but it is maxed I am not allowed to put any more then I do in it, due to restrictions from my employer, I am 25 and currently in school for another 6-8 years, due to my full time career :/ to afford school lol.

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3 weeks ago

I was wanting to maybe invest in stocks and open an Etrade account but was very turned off when I found out some dumb rules, like taking 5 days to transfer cash, cant buy stocks for under $10/share for like 2 weeks etc.... So I am open to stocks although I am not sure how to research companies, or what I should or shouldn%26#039;t do.

investfx2008@yahoo.com
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If stocks are what you%26#039;re looking for, try checking out sharebuilder.com... They have the best plans I%26#039;ve seen.

If you want to trade individual stocks, I recommend zecco.com. As long as you have a balance of at least $2,500, you get 10 free trades a month which really adds up in savings over time. Also any trades beyond the 10 free trades is only $4.50/trade.

Otherwise, I would recommend putting the money in mutual funds especially if you are an inexperienced investor. Look at Vanguard or Fidelity as they have a great selection of no-load funds with very low expense ratios, especially in the case of Vanguard.

However make sure you have at least 3 months worth of cash in a money market account stashed away as an emergency fund before you devote money to investments.

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