Skip to main content
No. of Recommendations: 0
<<I am new at this and looking to invest monthly in three DRIPs. I would like to do automatic investing after my initial investment...but my question is if there is a way to monthly send in $$$ to each of these DRIPS without an automatic investment setup....just in case each month I may want to send in more or less ( if the wife buys too many shoes!) than a fixed amount.>>

Hey, Ricster!

As yotommy said, you can invest in pretty much the way you want when it comes to DRiPs. I've yet not gotten involved in automatic contributions, though many people are very happy with them. Many companies that charge fees for OCP's will in fact offer you a discount to do it this way.

Still, I enjoy sending in my checks. Doing it this way allows me to skip a month if I choose, or send in whatever amount I'd like. It's really a simple process, as all you need to do is tear off the section of the statement, and put it into the envelope with your check.

If you have any further questions, don't hesitate to ask. If you haven't checked yet, there's a slew of Foolish info in our DRiP Port at, and of course many of the basics can be found at

Hope this helps, and Good luck!

...but I still am...

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.