I am planning to invest a tiny amount of money each month (less than $100) in some way. (I hope what begins as a small amount is more a confidence/skill builder [mainly for the benefit of the wife - I've had a virtual portfolio that I've done well with over the last few years] that I can begin to put a much more serious effort into growing).
I already have an IRA as well as a 401k to which I'm contributing a maximum. Other than home mortgage my wife and I have no debt.
The money I would invest would mainly be experimental which is why it's so small an amount to begin with.
My question is on the best strategy to grow such a small amount of money assuming I can reasonably assume I have $100/month for the next 20 years?
My initial thoughts on strategy are to start with basic savings until the $500 mark and thereafter use Mutual Funds or Index funds to try to build it to a point where I can buy/sell individual stocks and/or other financial instruments.