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Started By
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re: Why DRIPS?
Posted on 12/9/14 at 5:33 am to Boh
Posted on 12/9/14 at 5:33 am to Boh
quote:
Why the negativity for people who want to save on fees as they get started?
There was nothing negative about my question. I didn't understand why many people have direct DRIPs set up when they're available, and much more convenient, from most discount brokers.
If one is investing $50 or $100, direct DRIPs seem to make sense due to fees.
1
Posted on 12/9/14 at 8:09 am to Ole War Skule
quote:
There was nothing negative about my question. I didn't understand why many people have direct DRIPs set up when they're available, and much more convenient, from most discount brokers. If one is investing $50 or $100, direct DRIPs seem to make sense due to fees.
Sorry - I've just seen a handful of threads this year about why direct purchasing is inferior to going through a broker. Not yours specifically. I don't understand the hate sometimes.
This post was edited on 12/9/14 at 8:11 am
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