Pros and cons of dividend reinvestment plans

Pros and cons of dividend reinvestment plans Readers of this site will know I take a hybrid approach to investing, including using dividend reinvestment plans for wealth-building.  Today’s post highlights my pros and cons to using those dividend reinvestment plans…

Getting started with DRIPs and SPPs (Part 4 of 4) DRIPping Canadian dividend-paying stocks can be fun but more importantly, it can be an excellent wealth-building strategy. Imagine building some passive income from Canadian dividend-paying stocks over the next few years,…

Getting started with DRIPs and SPPs There’s do-it-yourself investing and then there’s really do-it-yourself investing. I’d definitely put full dividend reinvestment plans (DRIPs) that include share purchase plans (SPPs) in the latter category. I have Part 1 on my DRIPs…

Revisiting why I DRIP To DRIP or not to DRIP, is that the question? This Shakespeare-esque question popped into my head again after reading other blog articles about Dividend Reinvestment Plans (DRIPs). Personal finance and investing is, after all, personal,…

Testing, Testing…..my first post of many. Well, I took a huge plunge this week, buying a few hundred shares of CIBC (CM) and Sun Life (SLF). I plan to DRIP these stocks for many years to come. Check out my…