PILOT CLUB OF TITUSVILLE is a member of Pilot International, a global organization celebrating ninety-one exciting years of history-making service programs and projects. Chartered May 25, 1957 by the Pilot Club of Jacksonville, Florida.
Mutual funds can be bought and sold daily. However, unlike equities and other types of securities that trade on the secondary market throughout each trading day, share transactions in a fund are carried out once each day after the close of market at 4 p.m. Eastern Time.
Scottrade will allow you to open an account with only $500. Actually, that is just a little less than I would recommend. Most mutual funds have about a $2000 minimum investment, but not all. Here is a link to the Scottrade site. If you do want to begin with with only $500 I would recommend buying a closed end mutual fund with it such as GAM. That way you reduce your specific risk. They have a very good investment record that goes all the way back to 1928.