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Author: russcaxp Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 42  
Subject: Re: DRIP Investing Date: 3/8/2000 12:50 AM
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Warning---this may get a little long



Hi all, I just stumbled across this board and decided to add it to my favorite list.
I'm a student, who like many students does not have that much money.
My first investment several years ago was a mutual fund, which after repeatedly underperforming I sold. I also have opened a couple of drips(ko, jnj, intc). I try to make regular payments, but it turns out that I contribute when I can.
I also have opened an account online with suretrade in which I have small positions in tech stocks.
While I haven't been able to invest a lot of money, I feel that the experiance has left me well positioned to do well, once I graduate and get a job.
Has everything gone well, and have I made all the right decisions? No. I took a chance on a small cab biotech that didn't work out, a gamble in retrospect. I invested in IBM a few weeks before it fell 20% in a day at the end of last year, and this year both jnj and ko are down 30% since I've bought them.
I've also had some fantastic buys. cra is up nearly 500%, jdsu 50%, intc 20%.
All in all I'm ahead both in terms of dollars and in terms of knowledge if I had never invested, and isn't that what this is really about? Finding a way to do well at both.
In May I graduate and look forward to the world. I look forward to a job, to an IRA especially, and to turning the combination of an actual income and my knowledge into greater returns in the future.


-Russ
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