DRIPS

1
DRIPS

• By Joshua Wolbarst

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What does DRIP stand for?

• Dividend Reinvestment Plan
• Does every company offer DRIPS?

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Advantages

• Minimum Starting Fee
• Buy Small Amounts
• Commission Free
• Long Term Investor

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Who Offers Them?

• Bank of America
• P G (Oh Yah!)
• Coca-Cola
• Nokia
• Phillip Morris
• Yahoo
• Exxon Mobil

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What are the Terms?

• Some Weekly, Monthly, or Quarterly Contributions
• Some have a Minimum initial Investment
• Some have selling fees
• Even companies that allow you to buy their stock
  at a discount

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How To Get Started?

• www.dripadvisor.com
• www.dripinvestor.com
• Or just go to your favorite companies website