I need help getting started with drip shares or direct investment shares. What is the most practicle way to go? How do I get the first share?
2007-02-03 15:15:59 · 4 answers · asked by wendell s 1 in Business & Finance ➔ Investing
With Sharebuilder, the site asks you if you want to reinvest the dividend money and the company does it for free.
2007-02-03 15:57:42 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
Just in general, the easiest way to get info on DRIP's is to go to the website of the company you are interested in investing in. If you go to the invester relations tap on the sites it should have information. As far a making loads of cash, maybe, the main advantage to owning drip shares is that you buy the shares directly from the company, not a broker. The value of the shares is still at the whim of the market. They could go up or down like any other investment. Good luck.
2007-02-03 15:29:34 · answer #2 · answered by Chris W. 3 · 1⤊ 0⤋
The most important thing you should do is to learn about it before you invest in it. Once you know what you are doing, you could make an a$$load of cash.
2007-02-03 15:24:33 · answer #3 · answered by Muga Wa Kabbz 5 · 0⤊ 0⤋