DRIPs

[RTW]

I don't think DRIPping is dead at all.  Sure, less people invest directly through a transfer agent acting on behalf of a company, but the premise of reinvesting dividends and optional cash purchases into your favorite dividend payers is still one of the best ways to build wealth.  

I don't think it really matters how you do it, as long as you do it - albeit, traditional DRIP, synthetic DRIP, dividend collect and invest, etc.  

Best,

Ryan

[Kent Anderson]

Several threads in all of the last posts that I think all tie together: 1) SeekingAlpha is now too locked down unless you want to pay (forget it) to be of use 2) the loss of David Fish at the same time, it is just not the same with Justin, though I really like his occasional emails with dividend stock of the week, and 3) Google is a bit clunky for this. 

There seems to be an unmet need in the marketplace for this small community. 

DRIP is not dead, at least not with me. While not truly DRIP, I use Schwab for reinvestment and have really been happy.

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[BruceLynn Erickson]

Agree completely on the Seeking Alpha 'lock up'.  What a pain, and a huge loss for the entire community. Being prudent with one's finances to me means not paying 'fees' needlessly for 'services' that don't stand out.  Seeking Alpha is (was) a great place for information, but I'm slowing losing interest as more and more information is put behind the paywall.  Oh well, I'll keep looking for a replacement....

Dividend investing and DRIPs to me are two different strategies.  Dividend investing is the ONLY way to go for me, especially in retirement.  DRIPs on the other hand cause me more stress, and so I turned them all off.  I felt like I'd lost control of what I was investing in and how much I paid for it.  Those prices on the minute that the DRIP is executed just made me crazy.  I take everything into the cash position, and decide if / what / and when to act.  Many times the cash sits there, waiting for the inevitable buying opportunity for one of my existing positions, or a new position to complement what I have.