UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76866  
Subject: Re: Dividend Reinvestment Date: 8/16/1997 11:04 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Yo, Triniman.

<<Thanks Pixy for the IRA advice that you gave to me earlier. I am about to tranfer my IRA to Discover Lombard which allows free dividend reinvestment in stocks. Which makes more sense with a F4 portfolio- reinvest dividends or place dividends in market sweep? >>

Each to his or her own, but given the opportunity this Fool prefers to reinvest the dividends at the time they are paid. That works to your advantage when the market for those shares is going up, but could be a disadvantage if it's declining. Despite the latter, over the long term I believe reinvesting will win out over a sweep account's returns.


P.S. Sorry about the lateness of this reply. I was in the wilds of Missouri this week where they barely had phone service let alone net access. :-)
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Reconsidering IBM's Moat
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.