IMHO for most people DRIPs should not be their investment strategy but be part of their overall strategy. A good plan would include pension, social security, 401k/403b programs, real estate (personal residence) and then other investments, including DRIPs. I have 6 DRIPs which I fund after my Roth IRA. I know there are ways to have stocks/DRIPs in a Roth, but I don't have mine this way. The six DRIPs get funded basically each month. They have done well for me, 5 have beat the S&P500 and the 6th has not lost money for me. I like that I can cash them in an emergency or I can wait until I need the money or in a lower tax bracket. I have no intended sell date. If my pensions and funds hold up well enough these may pass to my heirs. But I expect I will find a good use for them in retirement.I just opened a DRIP (WEC) for $50 a month for my three month old grand daughter. I expect by the time she gets towards college there should be a useful amount accrued.
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