Accumulating wealth is like building The Great Wall, one brick at a time
Category: DRIPBy Sun on Apr 8, 2008 in DRIP, Investing | 14 Comments
I bought my first share of Bank of America (BAC) through ComputerShare back in November 2006. Since then I have been making regular monthly purchase and consider it as a good alternative to buying stocks through a broker with a fixed commission.
If you’re also considering investing with ComputerShare, but haven’t started the process yet, then […]
By Sun on Apr 3, 2008 in DRIP, Investing | 7 Comments
In December 2006, I bought my first share of Procter & Gamble (PG) through their Shareholder Investment Program (SIP), which is a direct investment program, as part of my effort to build a portfolio that generates passive income (other stocks I own in this category include Bank of America, Progress Energy, Altria, etc.). However, in […]
By Sun on Jun 25, 2007 in DRIP, Investing | 5 Comments
Last December I bought some P&G shares through their direct stock purchase program as part of my income-generating portfolio. After comparing what the company charges for direct investment against commissions at ShareBuilder, I decided to go with the company instead of using ShareBuilder. Though the cost of each trade is quite low when buying a […]
By Sun on Apr 19, 2007 in DRIP, Investing | 2 Comments
First of all, what is DRIP? According to Wikipedia, a DRIP (dividend reinvestment program or dividend reinvestment plan) is
an equity investment option offered directly from the underlying company. The investor does not receive quarterly dividends directly as cash. Instead the investor’s dividends are directly reinvested in the underlying equity. This allows the investment return from […]
By Sun on Mar 18, 2007 in DRIP, Investing | 7 Comments
I am a fan of dividend reinvestment plan (DRIP), though I didn’t start participating till late last year. Currently, I have several stocks purchased through DRIP programs: Bank of America (BAC), Progress Energy (PGN), and Procter & Gamble (PG). The first two are from ComputerShare while the last one is from the company directly.
The main […]
By Sun on Dec 17, 2006 in DRIP, Investing | 5 Comments
Early last month, I sent the account application form together with a $500 check to P&G to invest in their stocks. The confirmation mail arrived yesterday, saying the initial purchase was made on December 1st. This part of my recent DRIP investments in dividend-paying stocks. So far I have bought three stocks: Bank of America […]
 |
|
