I was advised to put it in the S&P 500 index fund but when I looked up the have minimums anymore as Fidelity lowered a bunch of funds to 0 minimum, but  The fund normally invests at least 80% of assets in common stocks included in the S&P 500® Index, which broadly represents the performance of common  20 Aug 2018 The cheapest indexed mutual funds. S&P 500 funds. Manager, Fund, Fee, Minimum investment. Fidelity, Fidelity 500 Index Fund Inst'l, 0.015%  Specifically, he recommends the Vanguard S&P500 Index Fund. You can buy VOO with any brokerage (TD Ameritrade, Fidelity, Charles Schwab, Etrade, Type of investment: ETF; Expense ratio: 0.05%; Minimum investment: n/a; Pros: You  13 Sep 2018 Fidelity now offers four zero expense ratio index funds: Zero Large-Cap the two new funds with no investment minimums starting September 18, 2018. The large cap index fund is comparable to an S&P 500 index funds and  27 Mar 2017 It powers countless index mutual funds and ETFs, and has become synonymous with “the market.” Yet is the S&P 500 index a smart way to invest