Comment by triangleman

Also worth knowing: Charles Schwab has reduced the minimum investment to $1 for 10 different index funds, many of which have expense ratios of 0.06% or lower. Their S&P 500 fund, for instance, has an expense ratio of 0.03% for any investment amount. Vanguard by comparison charges 0.15%, 0.04% for investments greater than $10k, and 0.03% for $3+ million.