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  • Using DRIPs for Faster Compounding of Dividends  [View article]
    tax accounting for drip investments is a nightmare, i had them with BPOP and CSE before I luckily got out of those crappy financials. each investment, when sold, must be treated seperately. short/long term gains etc.

    the drips are killing us too these days with fees.

    so they are good, agree somewhat, but find one without fees and a discount and be aware.

    what I do now is take all my divs ea month and average into another buy, since my Fidelity is at 8$ to trade, it costs very little to do this. so if I buy 200 shares of PGH to add to that, the fee is lower and I can manage my portfolio better.
    Mar 25 13:50 pm |Rating: +2 0 |Link to Comment
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