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I invest in a number of DRiPs with most plans offering no fees or charges. However, some sponge-worthy companies that offer unreasonably expensive OCP charges (usually $3 per investment cyle) have been pressured to also offer automatic monthly check or savings EFT deductions for $1 per investment cycle.

Basis 12 monthly investment cycles, you spend $12 bucks in fees per year per company to participate in such plans. Appears a cheap way to start.

DRiP disadvantage - in appreciating, true bull, share appreciation environment...you're always under-invested relative to lumpsum strategies.

Find attention to monthly investment activity detail via Quicken98 a virtually painless accounting method - so administrative cost really nil.

Fishlip
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