No. of Recommendations: 0
Hi Philboy

I agree with your My Discount Broker opinion. When you start to read all the fine print of all the other brokers, they are not for fools. A close second is Moneypaper( only $3 more and they do all the paperwork ). I invested in my first drip after holding the stock for 10 years (3M is the stock). I "joined" by mailing back their quarterly dividend statement to them that had a checkbox provided to request a drip to be started and did not have to request any special forms ect. I dont know if all companies have the same provisions but it might be worth waiting till you receive your first dividend statements and see if they have that option. Hope this helps.

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