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re: Why DRIPS?
Posted on 12/8/14 at 9:28 am to Ole War Skule
Posted on 12/8/14 at 9:28 am to Ole War Skule
You're essentially dripping.
There's not much of an advantage now that several brokerages offer direct reinvestment.
The only difference might be the ability to buy partial shares and the option to invest as little as $10 per month.
There's not much of an advantage now that several brokerages offer direct reinvestment.
The only difference might be the ability to buy partial shares and the option to invest as little as $10 per month.
1
Posted on 12/8/14 at 12:11 pm to bayoubengals88
quote:
The only difference might be the ability to buy partial shares and the option to invest as little as $10 per month.
I think this is the major advantage. Several major brokerage houses still don't offer partial shares on reinvestment.
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