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DRIP Taxation


Another misconception about DRIPs is that they are not subject to tax because the investor is not receiving a
cash dividend
per se
.

In fact, while DRIPs are beneficial...

Here is a good website to learn more about DRIPs.

Yoda... I think all institutions allow you to reinvest your dividends automatically upon payment. I know Fidelity and a few others do.

@Switch... have you ever thought about opening custodial accounts for your children and investing in dividend stocks? Pick a few and let the dividends compound over time. You can have dividend...

Good point(s) Yoda! Also, think about it for a moment. Remember the mortgage crisis where unqualified people were getting hundreds of thousands in loans for a home? Nothing had really changed,...

Futures are red but it's still early. Anything can happen. Good luck to everyone and happy trading!

"Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it."

I am having problems sleeping so I decided to start Wednesday's thread a little...