The Motley Fool Discussion Boards

Previous Page

Investors' Roundtable / Rule Maker Companies

URL:  https://boards.fool.com/since-im-still-a-small-fry-i-too-have-enrolled-10265785.aspx

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:)
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us