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DRIPs (Dividend Reinvestment Programs)
A great way to invest systematically in individual stocks is to start a Dividend Reinvestment Program-also known as DRIPs. DRIP plans allow investors to purchase stocks directly from the companies that issue them. Once an account is set up, investors can continue to buy more stock systematically and have any stock dividends they earn reinvested automatically, often with no commission costs.
Setting up a DRIP account is relatively easy. You first need to become a shareholder (by owning at least one share of stock). These sites can give you more information about DRIP accounts and setting one up.
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 Dear David,
I never knew that I could...achieve things and get my life somewhat organized until I have met you, here in Baltimore Convention Center with your latest book. The Automatic Millionaire Homeowner(I read all of your books)...Since then we bought our vacation condo in Ocean city and we took advantage of 401k and 403b.
We came to this great country 1989 with two suitcases (I wish we had met you then- I know we would have been millionaires by now). We made lots of mistakes and it is cost ... more
- Silvia and Peter Petrik
Bel air, MD
Bel air, MD
Browse through hundreds of success stories or even add your own!
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In Start Late, Finish Rich, David Bach takes the "Finish Rich" wisdom that has already helped millions of people and tailors it specifically to all of us who forgot to save, procrastinated, or got sidetracked by life's unexpected challenges.
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Drip Investor
