4 Rules for Successful DRIP Investing
"One of the best things to remember about DRIP investing is that it is almost always commission-free," says Mitchell Walk, president and founder of Florida-based Retirement Wealth Specialists. The No. 1 reason to have DRIPs in a portfolio is to increase investment income by buying more shares without tying up income or cash flow, Walk says. When dividends are reinvested into additional shares or fractional shares of dividend-paying stocks regularly, the result can be slow and steady investment gains.
U.S. News & World Report, November 22, 2019
