No. of Recommendations: 0
Driping into solid stocks is a nice way to build your investment for the long term, IMO. Though choose your DRIP well (read fine print about costs). Those can nibble away at your profit.

I do dividend reinvesting because I like the stocks that I'm in and it's easy to do. DRIPing is a reasonable investing approach but as you get more familiar with what your doing and learn more about the market, you may opt for a more elaborate method of investing.

For example, I have my core portfolio (which includes JNJ BTW). When I think one of my core holdings is trading at or above its value I don't reinvest dividends but opt to take those dividends and let them ride in my MM acount or purchase another stock in my portfolio that I feel is undervalued.

Has it worked for me better than straight dripping? Haven't a clue, but I'm enjoying it!<g>
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