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>>>>For the benefit of someone not currently in a DRIP program but thinking quite seriously about it, could someone please enumerate for me the "administrative" headaches involved? Do these simply arise from having to track multiple purchases over time at multiple different share prices (i.e. for tax purposes upon redemption) or are there other factors?<<<<

I responded in my previous post regarding the paperwork issue, but one other cool thing about DRiPs that I wanted to mention is that they offer another dimension to saving. Aside from the conventional "Pay yourself first" or "10% Rule", you can send money to the DRiP everytime money usually spent isn't. I realize you can do this with money markets, et cetera, but it's not as fun or inviting.

Usually go out on Fridays and spend fifty bucks, but this Friday you didn't because you were sick--send fifty to the DRiP. This week you were away on business and lunch was on the boss--send it in!

Ok, enough. I'll go over to the CK Strategy Board.
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