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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.

bullet Drip Investor
www.dripinvestor.com

bullet Money Paper
www.moneypaper.com

bullet Sharebuilder.com
www.sharebuilder.com

bullet The Motley Fool
http://www.fool.com

bullet The DRIP Investing Resource Center
http://dripinvesting.org

bullet Drip Central
http://www.dripcentral.com/

bullet About.com - Dividends and DRIPS
http://beginnersinvest.about.com

bullet Investopedia.com
http://investopedia.com

bullet CNN Money
http://money.cnn.com



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Dear David, Spending 25 cents has changed my life! You see, I found your book, Smart Women Finish Rich on a table at our town's recreation office where my sons play soccer. I knew nothing about you or money, until that fateful day! I'm 43, my husband is 60, and we just started our family. We have two sons, ages 6 and 3. Life is full! I'm a stay at home mother and I home school. My husband has dedicated his working career to the city we live in with the hopes of retiring in the near futur ... more



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