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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've read all your books...twice: The Automatic Millionaire, Smart Women Finish Rich, and Smart Couples Finish Rich. These books have impacted my life, my marriage, my finances, dramatically. I recommend them to friends and co-workers with great enthusiasm. These books are empowering! I've always been fearful of facing the truth about our debt - ignoring it was the easiest way. I'm an avid cyclist and spend hours training on the bike. I've taken this same passion and focused on finances wi ... more
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ST LOUIS, MO
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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
