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kerry
Apprentice
Joined: 16 Jul 2004
Posts: 3
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 Posted: 05/05/08 - 08:10 Post subject: |
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| Hello! I would like to start investing on the market but I don’t have enough money. I don't know much about investment rules so I have to ask you couple of questions. Is it possible to invest money on the monthly basis? I would like to invest some small amount of money every month. I would be doing this until I manage to gather some bigger amount of money. |
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crin
Apprentice
Joined: 22 Dec 2005
Posts: 3
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| Posted: 06/03/08 - 23:43 Post subject: |
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| Yes, of course you can make those monthly payments. There are investment programs which are made for cases like yours. This investment programs are based on the periodic payment plans. If you are considering periodic payment plans you should know something about costs involved with these plans. Periodic payment plan is a legal name for an investment. Periodic payment plans allow investors to accumulate shares indirectly by contributing a fixed small amount of money on a regular basis. Many of these plans are sold to a military personnel but it can be used for civil citizens too. This periodic investment does not provide any special benefits. Periodic investments work as a plan typically requires monthly investments over a period of 10, 15 or 20 years. An investor in a periodic payment plan does not directly own shares of a mutual fund. |
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