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Strategies & Market Trends : Dividend Investing

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To: Daniel Miller who wrote ()7/17/1998 8:08:00 PM
From: Retaylor  Read Replies (2) of 387
 
Daniel,

Dividend investing is usually referred to as DRIP plans (Dividend Reinvestment Plans). The author Charles Carlson is an expert in this field and has an informative newsletter about dividend reinvesting as well as several books. This type of investing is for long term where your dividends actually are re-invested to purchase more shares. Excellant way to set up a nest egg for the future. He will explain in his books how investing in the direct purchase plan for as little as $100 - $500 a month will set you up nicely in the next 10 - 20 years. Now that may sound like a long time but think of how much money we all waste on fast food, sodas, coffee drinks, etc.. Just think, this blown money can be used to set you up for the future, and when you think of it in those terms you wouldn't even miss the money that is taken out each month. What is neat is these companies will automatically deduct an amount you chose from your account on a monthly basis, this amount deducted goes towards the purchase of shares and partial shares. Over an amount of time not only are your deductions buying shares but your dividends are being re-invested as well.

Good Luck!

Retaylor
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