DRIP Stock Investing
Learn everything on how to reinvest your dividends automatically with a DRIP plan.
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Then, DRIP investing may be the tool you need.
Do you want to reinvest your dividends without having to think about it?
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It is an arrangement where dividends are automatically reinvested into more shares.
DRIP is an acronym for Dividend Reinvestment Plan.
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When you buy dividend stocks, companies pay you periodically for holding their shares.
What is DRIP Stock Investing?
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the company reinvests the dividend payout and buys more shares in a DRIP plan.
In a DRIP plan, instead of receiving that small dividend check at the end of every financial period,
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Dollar-cost averaging
Pros of DRIP Stock Investing:
Immediate reinvestment
Lower commission
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Taxation
Cons of DRIP Stock Investing:
Non-diversification
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