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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: Michael W. Brom who wrote (7)10/31/1996 12:10:00 PM
From: Paul Weiss   of 263
 
Michael-- I'm not sure if I want this to be general knowledge, but I'm a pretty strong advocate of DRIPs. Ideally, I'd like to see half of my investments in this form. The focus here is long, very long term, and that I believe is a huge positive for someone like me (tendency to sell too soon with small profits). Other DRIPsters-- I'd like it if this thread could be energized. So, hey is there anyone else out there? Is half (of investments) too much? Got a favorite DRIP? Is it time to initiate a long term position in a trucking company (which one?)? What about steel? Or, how diversified do think one should be? Any other topics come to mind? PDW
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