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Naturally, you'll want to set up a direct deposit wherever possible.

Actually, this isn't necessarily the case. I like to vary the amount I send to each company, based upon their 52 week high/low/current price, as well as how much I have to send. I currently commit myself to sending $200 a month, plus 25% of whatever extra cash comes into my possession (for instance, sometimes I sell a print, so a quarter of that goes toward my DRiPs). You do not have this flexibility when going the automatic deposit route.

I have a spreadsheet and program (InvestMete) that both determine a "best amount" to send if you'd like to check it out. They are both found at http://www2.ari.net/glsmyth/ - just click on Other Links.

Cheers -

george
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