Lux Investing

Do you invest in "Drips" and which do you prefer?

Public Comments

1. I do in my mutual funds. The one that has done very well is GAM. I have been reinvesting for 15 years. About a 14% annual return over that period of time on the original investment.
2. No-load mutual funds, purchased direct, work well for "drip" investing.
3. I used to invest in DRIPS. My holdings included; JNJ, GE, HBC, RTRSY (among others). I always preferred DRIPS that didn't require an initial share to be purchased from a broker. The Bank Of New York has a good program. As far as which one(s) to get. No one should tell you that without knowing your current asset allocation, age, risk tolerance and time horizon. Besides, you don't know the qualifications or motives of the suggestions you receive. Good luck!