DRIPs - My Own Advisor

The pros and cons of dividend reinvestment plans

Posted on July 29, 2019 by Mark | 36 Comments

The pros and cons of dividend reinvestment plans Readers of this site will know I take a hybrid approach to investing. I invest in a number of Canadian dividend paying stocks for long-term growth and income, and I use synthetic…

Try this average retirement plan to wealth – Part 2 of 2

Posted on December 20, 2015 by Mark | 56 Comments

The Average Persons Retirement Investment Plan is an easy to understand, simple way to invest. It allows you to make small investments over time and it does not require extensive market forecasting or analysis. You will also see your income…

Try this average retirement plan to wealth – Part 1

Posted on December 15, 2015 by Mark | 26 Comments

“This approach is intended for average people who do not have much money to invest, who cannot afford a thousand dollars or more to invest at one time, the same people who never thought of investing in stocks, or have…

DRIPs the DRIPpers DRIP – 2012 Edition

Posted on October 23, 2012 by Mark | 12 Comments

DRIPs or DRiPs (Dividend Reinvestment Plans) are one of my favourite ways to grow my investment portfolio. There are many upsides to DRIPping but before I get to that and the DRIPs the DRIPpers DRIP let’s rewind a bit. Let’s…

Closing your DRIPs and SPPs, transferring your shares to your brokerage

Posted on February 21, 2012 by Mark | 28 Comments

Closing your DRIPs and SPPs, transferring your shares to your brokerage Previously, I wrote a comprehensive series about do-it-yourself (DIY) stock investing using full Dividend Reinvestment Plans (DRIPs) that include Share Purchase Plans (SPPs). I did so because I wanted…

Getting started with DRIPs and SPPs (Part 4 of 4)

Posted on November 20, 2011 by Mark | 17 Comments

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 – Part 2

Posted on November 15, 2011 by Mark | 6 Comments

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

Posted on September 25, 2011 by Mark | 22 Comments

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, so I’m not convinced…

Starting my full DRIPs

Posted on December 30, 2009 by Mark | 2 Comments

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…