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re: Is it buy time?

Posted on 6/21/13 at 8:57 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89618 posts
Posted on 6/21/13 at 8:57 am to
quote:

You have just given your heirs millions of dollars if you hold and reinvest dividends for 30-40 years


That's the plan. I have to figure out how to turn on DRIP with Optionsxpress, but I guess I have a couple of weeks before that becomes critical - they have DRIP and fractional shares, which is good.

Next up will be MMM or F.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/21/13 at 11:28 am to
I mean on etrade you just type drip in the search bar and then they have "enroll" and you just check a box, dividend reinvestment is free....

now the question is how much will a few million be worth in 40 years....

KMI is a very good one too at a crazy low price in the high 35's, they boost the dividend per quarter and control all the major pipelines in the US, if you believe in the shale boom and america becoming an energy giant.....this is the toll road that transports it.
This post was edited on 6/21/13 at 11:32 am
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