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Subject: Re: Question | Date: 8/5/1998 7:01 AM | |
Author: fishlip181 | Number: 681 of 8329 | |
Since I'm still a small fry, I too have enrolled in SGP drip program. They permit optional cash investments every 15 days starting the 10th of the month. Have no fees attached to such investments & currently only charge $2.50 plus commissions (usually quite small) to liquidate (altho not really important aspect from the long run.) Dividends are also reinvested for company paid commission fees (usually a few pennies a share prorata)which you must declare as "income" for tax purposes. Bottomline...with Mycroft's wonderful analysis proving solid fundamentals & such drip friendly program, I'm excited abt beginning to build equity in SGP for the long term. Good luck! Fishlip:) |
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