SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Harley Davidson (HDI) -- Ignore unavailable to you. Want to Upgrade?


To: Rod Neff who wrote (89)1/26/1999 6:38:00 PM
From: Eric Lee Smith  Read Replies (1) | Respond to of 156
 
>Could you briefly explain what the DRIP system is?

Sure, it's a Dividend Reinvestment Plan, where you dividends go to buy more stock. But more importantly, you can buy stock directly from the company with no brokerage commissions, usually up to a limit of something like $10,000 per month. I use them a lot and I've built up nice positions over the years in some really great companies. There are about 1200 companies (or so) that have DRIP plans. What I want to begin doing is investing $200 a month in Harley and do that for a few years.

Till later,

E