You can invest $500 in an ETF but with a $10 trading fee you're already working out of a 2% hole. In other words, the ETF needs to beat, say, a savings account or CD by 2% in order to be worth it, which it may or may not do. Basically, and don't take this personally, if you don't have at least several thousand dollars, there's no reason you should really bother with spending energy on investing.
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