How can an investor set-up a dollar cost averaging plan (among mutual funds) when so many funds have minimum purchase amount from $1,000 - $3,000?
Dear All, No one responded here but I have figured out the answer. All one has to do during year one is invest the minimum amount say $1000 or $2000 in each respective fund. So for year one you can't really dollar cost average but after you have bought in at the minimum level you are free to invest say $300 per month in each of these funds as you have already met the minimum requirement one time.
