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No. of Recommendations: 1
Twood,

>>>>We see the INTC swings and wonder when our first share will be purchased. Then another Fool tells me it may be 2 to 3 months before I am registered with the companies until I can start!<<<<

The purchase doesn't take that long. In fact, Intel is purchased at least monthly...on or about the 1st of the month with funds received by the 25th. The transfer into your name is fairly quick, but Harris Bank (Intel's Transfer Agent) may not mail out a form right away. As soon as you get a purchase confirmation from Temper, you can call Harris and find out whether you have an account and use the account number to send in initial amounts. You can also check on the status of your order with Temper by faxing a request to (914)381-7206 or calling (800)388-9993.

Keep in mind that the slowest part of DRPing is getting the account established...simply because a share must be bought and transferred into you name, and then an account set up. Once set up, you'll be able to invest monthly in Intel simply by using the tear-off portion of the statement.

dave fish/moneypaper
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