While stocks have sunk to their lowest in years, there's a silver-lining for penny-pinchers. “Buying into the slumping market today should pay off big time when it finally bounces back,” reports US News and World Report, which offers 5 easy tips to get you started.
- Index funds: Minimal fees make indexing “an easy way to buy the entire market for pennies on the dollar.”
- Exchange-traded funds: Index funds, “with a twist.” Discount houses offer 10 free trades a month to those with a minimum of $2500.