
- March31 2003
- Volume 10
- Issue 6
DRiPs ARE HOT
Dividend reinvestment plans(DRiPs) have long been a hit withindividual investors who want toavoid broker commissions. WithPresident Bush's proposal to get ridof the tax on dividends, they're gettingeven more attention. The ideaof investing in a solid company andgetting anywhere from 2% to 4% onyour money, tax-free, is tempting.And you can get into many DRiPplans for as little as $250 upfrontand buy additional stock in incrementsfor as low as $10. Before youbuy, though, check the fine print.Many companies with DRiP programscharge transaction fees forbuying or selling stock or have highinitial investment requirements. Formore information on these investments,contact DRiP Investor (800-233-5922; www.dripinvestor.com)or Netstock Direct (888-638-7865;www.netstockdirect.com).
Articles in this issue
about 18 years ago
WAR AND WALL STREETabout 18 years ago
THE 529 FACTSabout 18 years ago
A WILL THAT WORKSabout 18 years ago
WALL STREET WOESabout 18 years ago
FINANCIAL PLANNING KEYabout 18 years ago
MIXED SIGNALSabout 18 years ago
PAPERWORK REDUCTIONabout 18 years ago
SHRINKING GIFTSabout 18 years ago
Medicare Cuts Deniedabout 18 years ago
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