In today's edition of "Ask a Fool," a reader poses a question to our retirement guru Robert Brokamp: "How should I invest small amounts in retirement accounts?" Rob has quite a few answers to this question. One is that you can always pursue a no-load mutual fund which will allow you to invest even small amounts regularly. Another is that many brokerage firms are now allowing investors to trade on certain ETFs without paying a brokerage fee. He also cautions investors to not let trading fees comprise more than 2% of their overall portfolios.
We all would like to build long-term wealth and retire well. In our free report, “3 Stocks That Will Help You Retire Rich,” we reveal some stocks that could help you, as well as some winning wealth-building strategies. Click here to keep reading.
Robert Brokamp has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.