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I have set a goal to put aside at least $150 a month. I have spent much of the past few weeks researching DRiPs. Knowing very little about IRAs, I foolishly assumed that DRiPs would work well with IRAs. Having looked into this matter more and learned differently, I am confused as to what would be more beneficial for me: Dripping into a few companies, or investing in stocks for an IRA.

One of the greatest benefits of the DRiP is the bill to the self every month. This is, hands down, the best way to save/invest. Even so, when I'll have just about $2000 a year to invest, it would seem unfortunate not to put it into an IRA. I know I have enough will-power to put money into a savings account to invest at the end of the year--at the moment, this is the way I'm leaning.

Does anyone have any advice or know of any relevant reading materials for me? Thanks much.

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