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The Dollar-Cost Averager's Dozen

Twelve fund families where you can get going for as little as $25.

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Everyone has an idea for bringing low-cost, flexible investing to the masses.

You can buy and sell exchange-traded funds like Barclay's Global Investors' iShares like stocks. You can opt for customized stock baskets from Foliofn.com and Netfolio. And Web sites such as SaveDaily.com claim you can save and invest by spending.

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Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.