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re: Dividend stocks and DRIPs as a long term investment vehicle
Posted on 6/24/13 at 1:16 am to ThaBigFella
Posted on 6/24/13 at 1:16 am to ThaBigFella
Wait....you don't have an IRA?
So your DRIPS aren't in a tax advantaged account?
So your DRIPS aren't in a tax advantaged account?
1
Posted on 6/24/13 at 2:09 am to Volvagia
quote:
Wait....you don't have an IRA?
So your DRIPS aren't in a tax advantaged account?
Are you saying DRIPs should only be done in an IRA account and not a regular online trading account like Fidelity or E-Trade even if they offer free DRIP option? Is the reasoning behind this tax savings? Can you explain how that works?
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