Comments on: Where to Buy DRIP Stocks http://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/#comment-44301 Sun Mon, 22 Sep 2008 18:43:48 +0000 http://www.thesunsfinancialdiary.com/2007/03/18/where-to-buy-drip-stocks/#comment-44301 Yazmyn: I mentioned directinvesting.com in my post, which is one place to buy DRIP stocks. If you want to get DRIP started, you can just buy one share of the stock from a broker, then have it transferred to a DRIP provider. Yazmyn: I mentioned directinvesting.com in my post, which is one place to buy DRIP stocks. If you want to get DRIP started, you can just buy one share of the stock from a broker, then have it transferred to a DRIP provider.

]]> By: Yazmynhttp://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/#comment-44069 Yazmyn Wed, 17 Sep 2008 18:54:47 +0000 http://www.thesunsfinancialdiary.com/2007/03/18/where-to-buy-drip-stocks/#comment-44069 I suggest www.directinvesting.com. The purpose of DRIP is so that you don't have to use a stock broker. Most of these companies that allow you to purchase these DRIP stocks don't ever transfer the shares into your name. This is a problem because this truly does defeat the purpose. With directinvesting.com, they do all the legwork to get an account open in your name at the companies. You buy at least a single share of stock (or as many as 100 shares) from them. Then they get YOU on the books and records of the company as a shareholder and after that you can invest in the company directly if you want to buy more shares---WITHOUT GOING THROUGH A BROKER!!!!! www.directinvesting.com TRY IT & SEE!! I suggest http://www.directinvesting.com. The purpose of DRIP is so that you don’t have to use a stock broker. Most of these companies that allow you to purchase these DRIP stocks don’t ever transfer the shares into your name. This is a problem because this truly does defeat the purpose. With directinvesting.com, they do all the legwork to get an account open in your name at the companies. You buy at least a single share of stock (or as many as 100 shares) from them. Then they get YOU on the books and records of the company as a shareholder and after that you can invest in the company directly if you want to buy more shares—WITHOUT GOING THROUGH A BROKER!!!!! http://www.directinvesting.com TRY IT & SEE!!

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/#comment-25348 Sun Fri, 12 Oct 2007 03:28:02 +0000 http://www.thesunsfinancialdiary.com/2007/03/18/where-to-buy-drip-stocks/#comment-25348 If you are using brokers such as Zecco, which charges $0 commission and offers dividend reinvestment, then there's no on need to use DRIP. The reason for using DRIP, I think, is that you can buy stocks directly from the company regularly, not through a broker, so you can pay less in commissions and fees. That's not the case any more as most brokers do have dividend reinvestment and you can buy as many shares as as you want with a flat fee. However, if you don't use Zecco and will pay commissions when buying stocks through your broker, then DRIP may still have some value. Computershares is a good place to find dividend-paying stocks. When I bough a couple of stocks through Computershares, I looked 1) stocks with high dividend yield; 2) low or no account setup fee; 3) low initial purchase (<$1,000) and low subsequent purchase minimum; 4) no subsequent purchase fee; 5) and low stock sell fee. If you are using brokers such as Zecco, which charges $0 commission and offers dividend reinvestment, then there’s no on need to use DRIP. The reason for using DRIP, I think, is that you can buy stocks directly from
the company regularly, not through a broker, so you can pay less in commissions and fees. That’s not the case any more as most brokers do have dividend reinvestment and you can buy as many shares as as you want with a flat fee. However, if you don’t use Zecco and will pay commissions when buying stocks through your broker, then DRIP may still have some value. Computershares is a good place to find dividend-paying stocks. When I
bough a couple of stocks through Computershares, I looked 1) stocks with high dividend yield; 2) low or no account setup fee; 3) low initial purchase (<$1,000) and low subsequent purchase minimum; 4) no subsequent
purchase fee; 5) and low stock sell fee.

]]> By: RVhttp://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/#comment-25277 RV Thu, 11 Oct 2007 15:14:22 +0000 http://www.thesunsfinancialdiary.com/2007/03/18/where-to-buy-drip-stocks/#comment-25277 Hello All:How do one select a stock(s) to invest in DRIPs? Like what are the metrics to look for?If anyone could provide some relevant information, I would greatly appreciate it.Cheers RV Hello All:

How do one select a stock(s) to invest in DRIPs? Like what are the metrics to look for?

If anyone could provide some relevant information, I would greatly appreciate it.

Cheers
RV

]]> By: The Sunhttp://www.thesunsfinancialdiary.com/investing/where-to-buy-drip-stocks/#comment-5256 The Sun Fri, 30 Mar 2007 17:27:45 +0000 http://www.thesunsfinancialdiary.com/2007/03/18/where-to-buy-drip-stocks/#comment-5256 abhush: Actually, I thought about Zecco and like the idea of no-fee trading. The only reason I didn't use it is that I think they are quite young (less than one year) and whether they can maintain the current fee structure isn't clear. When everybody started to charge fees for mutual fund investing, Firstrade said they will keep it fee-free. They kept that promise for several years (I think it's three), then started to charge fees for mutual fund investing early this year. I don't know if Zecco can survive and continue to offer zero commission trading. I'd like wait a while and see what happens with them. Are you using Zecco? abhush: Actually, I thought about Zecco and like the idea of no-fee trading. The only reason I didn’t use it is that I think they are quite young (less than one year) and whether they can maintain the current fee structure isn’t clear. When everybody started to charge fees for mutual fund investing, Firstrade said they will keep it fee-free. They kept that promise for several years (I think it’s three), then started to charge fees for mutual fund investing early this year. I don’t know if Zecco can survive and continue to offer zero commission trading. I’d like wait a while and see what happens with them. Are you using Zecco?

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