Hi, I am thinking of investing somewhere between $5,000-10,000 in a managed fund. I am about to turn 19 and intend to invest the money for at least 10+ years. I really like Vanguard's High Growth or Growth fund, but their minimum investment is $5,000 and I do not have several bundles of $5,000 to be able to dollar cost average into the fund. (As far as I know, the market is a bit shaky at the moment and I thought dollar cost averaging would be the best bet.) Hence, I was also looking at netwealth (Global Specialist High Growth), which has a minimum of $1,000, but has higher fees. (Vanguard has 0.90% management costs while netwealth has 1.14+%.) The advantage of this option is that I have enough money to average into the fund (maybe with, say, several bundles of $1,000-2,000 every 6 months). Member's Equity also had a minimum of $1,000, but had fees at 1.66%. I am yet to find a fund with a minimum between $2,000-4,000 that has a high growth option and also reasonable fees. I can see three options: 1. Invest with netwealth immediately and dollar cost average into the fund. 2. Invest with Vanguard immediately without dollar cost averaging. 3. Save up more money until I am able to dollar cost average into Vanguard. What option do you guys think is best? Do you think there is anything crucial that I have missed? Thanks.