Lux Investing
Does anyone know a great DRIP to invest in?
What about a DRIP investment is good and or bad. I just have about a thousand a month to invest, what should I do? I am 35 with no family to support, just want to invest risky for the long term gain. Thanks!
Public Comments
- DRIP, Divended Reinvestment Program. There's no such think as investing in a DRIP. DRIP is a choice you make after you buy a stock or a fund. The money on gains gets re-invested to your account or you take it in cash.
- Are you talking about the dividends from a company you invest in??? If so short term try WAMU (symbol wm) with a 12% yield, probably wont stay for long
- Codman's answer is correct. So if you're just looking for a brokerage account that allows you to reinvest dividends, consider Sharebuilder.com. I'm not an affiliate of theirs, just a customer!
