UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: mto01 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27758  
Subject: Re: how to start? Date: 10/21/1999 4:51 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
mspan,

Today I mailed the enrollment form for my first two Drips (INTC and KO) ever! If you're interested, here's what I did:
1) I logged-on to www.moneypaper.com and clicked on the link titled "Become enrolled in Dividend Reinvestment Plans".
2) I selected one share each of INTC (Intel) and KO (Coca-Cola) and printed out the form for ownership in a Trust.
3) I filled out the information on the form, wrote a check for the amount indicated on the form (price of share prices + cushions + service fees + commissions) and then mailed it to Temper of the Times.

That's it.

Now, after I've received confirmation of my enrollemnt in the DRIPs, I can mail monthly payments to the transfer agent (INTC = Harris Trust & Savings Bank and KO = First Chicago Trust) to purchase more shares; or, I can set up automatic debits from my checking account to purchase stock without me having to mail a check.

Note: The KO plan will charge $1.00 for the automatic debit whereas INTC does not charge a fee.

Hope this helps!
Matt O.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
GetRichDieTrying's CAPS Blog

Becoming a Seasoned Investor
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement