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I have been very happy with my Pfizer drip. All the forms and lingo make it sound alot more complicated than it is.

Basically, you get the little booklet and a form. Mail off with $500 (minimum initial investment unless you have 1st share)

Thats it. Very simple.

They also have an direct deposit program that I use to invest $50 per month. Basically I had to check off one more box on the form to enroll myself in that. Every month I get a small statement in the mail saying
"You had so many shares, your X amount purchased an additional Y shares at Z price, so you now have this many shares" They always include an envelope in case I want to make an additional purchase.

This was my first non-mutual fund investment - and I spend alot more time dealing with T Rowe Price than with Pfizer and the First Bank of Chicago.

The best time to buy for a drip? Remember you are investing for the long term. It will go up and down and occassionally sideways. DRPs are like the bucket under the leaky faucet. Its always a good idea to stick one under and catch the DRPs and occassionally use the results to water your flowers.

Happy Dripping!!!

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