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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: Rick Kunz who wrote (200)4/27/1997 3:11:00 AM
From: freeus   of 263
 
Hi Rick (or anyone)
I sent away for and got the information on the DRIP investor newsletter and the Moneypaper newsletter. I only want one-any opinions from anyone on which one gives more complete information, more informative articles, better leads on excellent companies to invest in, etc?
Thanks for any relating any experience with them you may have had.
Incidentally the only problem is selling-I sold some Sara Lee I had drips for (I needed the money to help a son buy a house) and what a nightmare. The problem of course is that we now pay tax on reinvested dividends even though we dont see the money, so we have to go back and figure out what we paid tax on so we dont pay it twice. Used to be you only paid on what you took out which made much more sense, but not to an overspending bloated government.
Freeus
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