Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Since I'm still a small fry, I too have enrolled in SGP drip program.

They permit optional cash investments every 15 days starting the 10th of the month. Have no fees attached to such investments & currently only charge $2.50 plus commissions (usually quite small) to liquidate (altho not really important aspect from the long run.)

Dividends are also reinvested for company paid commission fees (usually a few pennies a share prorata)which you must declare as "income" for tax purposes.

Bottomline...with Mycroft's wonderful analysis proving solid fundamentals & such drip friendly program, I'm excited abt beginning to build equity in SGP for the long term.

Good luck!

Fishlip:)
Print the post  

Announcements

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.