Monday, August 2, 2010

DRIPs! - Dividend Re-Investment Plans!

DRIPs are amazing! They are plans that let you automatically use any dividends you get to buy more stock! Think about it: You only ever need to pay a broker's fees once! Buy a large lot of a company that you see lasting for like forever, and have the dividends continually re-invested to increase your holdings without having to pay anymore fees! The savings will add up!

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