2/19/2014 1 Comment
Dividend Re-Investment Plans
Dividend re-investment plan or other wise known as a "DRIP". Is just another way to invest your money, this one is automatic and takes just a few seconds to do. Contact your current broker and tell him/her you want to enroll in a DRIP program with your current stocks that you own.
I like to ask investor why do you want to "set it and forget it" kind of investing. I do understand the hands off approach from the past. But now, the internet has created so many active ways investors can get involved in their own investing. Why would you not want to do your own investing? People invest their money so they can make it increase in value and size. Having more money after than you started with, increasing your cash, enlarging your portfolio. However you want to label it.
Computers, software and the internet has made investing so simple and easy it is sometimes difficult to find which investment strategy will be best suited for your type of investing and your risk factors. This I also understand. That is why I have come up with a trading strategy that I believe is the easiest one I've come across in over 20 years of investing. I have taken this simple trading strategy and added 5 simple rules to make it a less than 10 minute per day venture. If less than 10 minutes a day working on your investment could mean double or tripling your returns... then why not do it yourself?
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.
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