Dividend re-Investment Plans
DRIPs
Investor Tip Series
Comments
Great Video!
do you pay taxes on the dividend you make every quarter? even if you re invest all of it?
What is the DOWN side to this. EVERYTHING has a downside and I didn't hear you mention one. So you either forgot to mention it, or you are hiding something. Would you mind sharing what that is? Maybe the money is less liquid? Maybe you have to pay more in taxes eventually? Maybe if you sell shares too quickly after the DR buys them, your cost basis gets adjusted to the NON-discounted price? Please let us know what the "rub" is. Thank you for the explanation.
All of this is based on IF the company share price stays at $10
Good video, gonna start my ETFs on drips!
Hello I have question, I want to start a long term drip for retirement starting with $2500. I am 23 years old, so I was planning on using my income tax return to do this. I have 4 companies in mind APPLE,Verizon, Exxon Mobile and AT&T. For experience, people who are experience in this, which one would you prefer for long term( about 30 years) I was also going to invest $500.00 a month for 5 years.
I'm starting from ground zero. Thanks for the video(s).