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Non-Tech : DRIPs -- Dividend reinvestment plans
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To: Dave Marzolf who wrote (197)4/25/1997 2:08:00 PM
From: Rick Kunz   of 263
 
Asking your broker about DRIPs is kinda like asking a hungry wolf about security for chickens. There are hassles involved with DRIPs, such as detailed recordkeeping, but the reduced or eliminated transaction costs and the ability to put small amounts of money to work immediately earning dividends and capital appreciation make it well worth the effort.

I like eliminating middlemen and transaction costs wherever possible.

Rick
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