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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 50161  
Subject: Re: Scottrade DRiP to Become Reality Date: 1/29/2013 12:33 PM
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Yeah, depends on what you want and how you want to go about it.

Me, I usually have a list of things I want to buy but don't have money for. And most often that list *doesn't* have "more of XYZ" (where XYZ is a stock I already own). Sometimes it does, but not often.

If you have a decent-sized account (5-6 digits), then every 2-3 months you've accumulated enough dividends to buy something new.

Doug Le Du (sp?) at CDx3 talks about "self-funding" dividend portfolio, when the accumulated dividends of the last few months is enough to buy another 100 shares of a dividend-paying stock.


I'm interested to see what RAD has to say.
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