Dividend Reinvestment Plans (DRIPs): How To Drive Passive Income Investing Only $25/Month



In the world of dividend growth investing (and personal finance overall), I believe Dividend Reinvestment Plans (DRIPs and DSPs) are overlooked. While they may be "old school" in an era of new investing platforms, I personally believe dividend reinvestment plans are great for dividend investors seeking passive income and cash flow (with the goal of covering living expenses via passive income). Today, learn my top five insights about dividend reinvestment plans: (1) low barriers to entry / start with only $25/month, (2) great process and strategy (via reinvestment and dollar cost averaging), (3) automation and paying yourself first, (4) willpower/longevity, and (5) low fees (many times). Also, I share two items to "watch out" for when evaluating DRIP plans. Thanks for stopping by, and please make sure to subscribe/check back! I've got more videos on the way. http://www.ppcian.com Disclaimer: I'm not a licensed investment advisor, and today's video is just for entertainment and fun. This video is NOT investment advice. Please talk to your licensed investment advisor before making any financial decisions.

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    Duration: 17m 34s

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