The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Drip Investing - The Basics

URL:  https://boards.fool.com/still-going-10878301.aspx

Subject:  Still Going.... Date:  5/19/1999  7:42 PM
Author:  Knavish Number:  8122 of 27955

Sorry fellas...I have a lot of questions. Let me get this straight...once you have your drp portfolio set up, you have to decide how much money you're going to invest each month, and in which stocks. Naturally, you'll want to set up a direct deposit wherever possible. If I'm dealing with 4 different stocks, then I assume I'm dealing with as many as 4 different transfer agents, right? If that is the case, then I guess I'll need to set up four different direct deposits, one to each transfer agent. If I'm able to put a total of 100$ into my drp port, should I just put 25$ into each stock, and put it on auto pilot? That is what would strike me as the Foolish thing to do. It would be nice if the same transfer agent handled all four of my stocks. But I don't suppose that is likely. Any input from fellow drippers would be greatly appreciated.
Knavish

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us