Investing
Is DRIP still Worth the Effort?
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 [...]
Zecco Promotion: Lowers Account Minimum, for now, but Keeps the News like a Secret
Early last week, a post on Money, Matter, and More Musings reported that Zecco the commission-free online brokerage firm, is running a promotion with lowered account minimum from $2,500 to $1,000. That seems to be a good news for small investors who can’t meet the initial deposit requirement. In fact, the $2,500 minimum is the [...]
Vanguard Launched Four Bond ETFs
Last month while I was researching on ETFs for the Model Portfolios Built with ETFs series, I noticed that mutual fund gaint Vanguard (I guess they will soon be an ETF powerhouse as well) didn’t have any fixed income ETF offerings. All existing ETFs are equity ETFs.
Well, that has just changed as Vanguard introduced four [...]
So How’s My American Buffalo Gold Coin Doing?
It has been more than a month since I bought one (and only one) American Buffalo gold coin from Bullion Direct. The coin was received about two weeks after the order was placed (the hold period that they require to clear the check and release the coin for shipment) in excellent shape. The price I [...]
Triple My Money: How Long and What Does It Take?
You are probably familiar with the Rule of 72, which tells you when the one dollar you invest today will be worth $2 once you have a rate of growth. If your annual rate of return is R%, then it will take you (72/R) years to double your money. For instance, for a 6% return [...]
