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Author: whitchurch One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8751  
Subject: Re: Dividend reinvestment - stocks vs. mutual fu Date: 8/19/2005 6:29 PM
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T.D. Waterhouse reinvests all my dividend, i.e. dividend on whole & fractional shares, and there is no charge for this. They have my basis on their webpage plus I use MSN Portfolio and post the reinvestments there. I use MSN to watch the stocks daily. It's free.

I have all my stocks that pay a decent to good dividend in DRIP and have had for a number of years. One day when I need the income I will discontinue the DRIP and use the dividend income. On a couple occasions I have sold part of my stock, for example I sold a majority block of even shares of Hewlett Packard about 5 yrs ago when it was very high and I didn't think it would stay there - boy was that a lucky move. Mostly I just let them compound.

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