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CronoDAS comments on Open Thread, Apr. 27 - May 3, 2015 - Less Wrong Discussion

3 Post author: Gondolinian 27 April 2015 12:18AM

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Comment author: CronoDAS 30 April 2015 05:38:26PM *  4 points [-]

I want to invest $10,000 in a stock index fund. (The money is currently in a checking account.) How do I actually go about doing this?

Comment author: Vaniver 30 April 2015 06:15:48PM 3 points [-]

Lumifer's answered this already in a sibling comment, but note that this general class of question is answered in the Procedural Knowledge Gaps thread (or its repeat). (I wrote a longer answer to this particular question there.)

Comment author: Lumifer 30 April 2015 05:51:15PM *  3 points [-]

You decide on which fund you want, open an account with the appropriate mutual fund company (e.g. Vanguard) or a brokerage, transfer to them the money from your checking account, and put that money into the fund.

Comment author: James_Miller 03 May 2015 10:13:33PM *  0 points [-]