Five Reasons I Love Investing With DRIPs
This is a guest post from Hank Coleman who writes about personal finance, money, and investing on his blog, Money Q&A. Although the article is directed towards U.S. investors, DRIPs are essentially the same here in Canada. I love investing in dividend reinvestment plans, also known simply by their acronym, DRIP, pronounced like a drip that comes out of your faucet. They are an easy way to invest directly in shares of stock of a company and skip your stock brokerage firm and their commission. DRIPs are a perfect way for the novice and seasoned investor alike to buy shares …