Save and Invest a Little At A Time

I want to contribute to my IRA each month, and invest in 10 stocks. I kept hearing companies offering "free" IRAs. Well, if you don't start out with a lot of money, the "free" IRAs charge A LOT for each purchase. Under the MyStockFund IRA Active Plan I pay an annual fee, but only 99 cents to buy-I plan on making 120 buys a year, so I come out way ahead with MyStockFund!

I have always wanted to invest in the market. I've also read about ETFs, and they seem like a great way to diversify. I want to put away a fixed amount every month, and save for a family vacation home. I plan to invest in 12 stocks per month, so I chose the MyStockFund Diversified Plan as a great way for me to save and invest.

I gave my granddaughter, Sara, a MyStockFund Basic account. I have the $5.98 monthly fee charged to my credit card, and I use CashLink to deposit $100 into her account every month. Sara is responsible for her investments, and she and her Mother have learned so much about the US market, and even the global economy.