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Subject:  Re: DRIPs Via E*Trade Date:  8/18/1999  1:57 AM
Author:  gebedwards Number:  9495 of 27990

Thanks for the information Vince. I've e-mailed E*Trade about their "drip" but am still trying to clarify what fees may be charged.

One advantage I might see to using E*Trade is that I might be able to enroll my ROTH account. I suspect that any additional purchases will be hit with the $14.95 commission so that means that I won't be able to deposit small amounts (i.e $10) because that would be too expensive in fees. It seems that you would have to invest enough money to stay under the 2% reinvestment cost that Gardner mentions in the book.
To do that for me would be to purchase shares about once or twice a year. Would the potential tax savings in the end help here or is there any tax savings under the ROTH plan?

Too many questions.

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