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Blue Chip Dividend Stocks

Posted on 7/14/15 at 5:33 pm
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 7/14/15 at 5:33 pm
I realize there is a huge thread already on this and BigFella is the SME. I don't have time to read through that entire thread to pull out the info I need.

How do you limit your exposure to the per trade fee when buying these large dividend players? I currently have about $70k in a broad index fund that I DCA every month and DRIP. I was looking at potentially reallocating about $50k to a blue chip DRIP strategy. This is also in a non-taxed advantaged account. In my Roth IRA I have around $40k in a life cycle fund that I am interested in dropping due to the exorbitant expense ratio.

I know that the true power of these dividend players is in tax advantaged accounts but I was wondering if someone could provide some further insight. TIA
Posted by bayoubengals88
LA
Member since Sep 2007
19200 posts
Posted on 7/14/15 at 5:44 pm to
As much as their interface sucks, Computershare is probably the cheapest route to go.
It also depends on the company. XOM charges almost nothing. Kind of vague but I'm driving...
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7164 posts
Posted on 7/14/15 at 6:24 pm to
many large blue chip companies have plans where you can buy stock directly from them, I know XOM and JNJ have it. You can set up drip accounts through them. It's relatively easy, just do the initial paperwork and then send them money every month, no commission fee.

that'd be the cheapest way to go.

quote:

In my Roth IRA I have around $40k in a life cycle fund that I am interested in dropping due to the exorbitant expense ratio.


dude, transfer this to a vanguard fund
Posted by LSUneaux
NOLA
Member since Mar 2014
4500 posts
Posted on 7/14/15 at 10:26 pm to
LINK

click the link above. This post here is the greatest post ever on the Money Talk board, as far as stocks are concerned.

What ever happened to the BigFella?
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