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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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 I just wanted to Thank David for being such an inspiration. I saw him speak in Philadelphia at the Learning Annex. My plan is to become a huge success in a short amount of time and be able to provide you with an awesome success story. However, right now, I just wanted to show my gratitude to David and let him know that he is making a difference in the world and there are a lot of people out there, me being one of them, that really appreciates what he has done.
Thank you David!!!
Sincerely, ... more
- L.A. Warner
Allentown, PA
Allentown, PA
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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
