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Hi all,

Beware, long post ahead:

I am having a difficult time making the "reply" button work this morning, hence this post.

many people may say that for investing you should have all of your debts paid in full. For the majority of Americans this would never be a realty, most people live from paycheck to paycheck and have no reliable savings mechanisms in place. Employers may offer retirement savings like SIMPLE IRA's or 401(k)'s, but with each of these we have to short our paychecks in order to participate. Some just cannot do this on a regular basis so the company plans do not work.

DRiPs offer an alternative that is viable for everyone. If a person can save enough for that first share, even if it takes three months to save the amount for their chosen company they are on the road to saving and investing. It is a commitment to get that goal of X dollars to buy that first share of DEF company. What a feeling of elation to send off the check to a service such as Temper/Moneypaper to finally be a stockholder. What was once only the ordianry for the rich is now possible for the masses to include the working poor to the ulitmate rich.

That first share gets set-up and a new savings commitment is made: scrimp each week to have enough to mail at the end of the month to buy another piece of DEF company. Again, what a feeling of accomplishment it becomes to mail that check off and receive the statement that shows your ownership.

Small personal commitments such as those decribed above are the ones to generate personal saving and investing once again in our society. Owning a small piece of a Blue Chip or other large prestigious corporation is the best feeling that a person can have when faced with the monthly bill pile.

Every person has to start off small and grow their commitment to the saving and investing. We should be encouraging this behavior and not telling them to pay off the bills first....it is not possible to pay everything in today's world of easy credit. We should be encouraging people to have a savings and investment for their future while making their monthly commitments manageable. Feelings of pride of being able to create a portfolio will spill over to paying down the debt and managing the debt more efficiently so that more can be saved and invested. We should be encouraging in everything that we do, one negative comment is far too much.

That is my opinion and for whatever it is worth, I believe in presenting positive comments wherever possible to encourage investing and saving in our society today.

Jenn
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