Where to Invest $100 Right Now
An index fund, which passively tracks an index like the S&P 500, is a reliable way for conservative investors to build their wealth. Most index funds require minimum investments of a few thousand dollars, but the Schwab S&P 500 Index Fund (NASDAQMUTFUND: SWPPX) lets investors get started with just $1 and charges a low expense ratio of 0.02%. Unlike index funds, which can only be bought or sold once a day, ETFs actively trade like stocks throughout the day.