Are DRIPs worth it?

From: Ira Krakow <krakowi@tiac.net>
Subject: Are DRIPs worth it?
Date: Thu, 27 Aug 1998 11:29:35 -0400 (EDT)

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With the dramatic decrease in trading commissions (Brown and Company charges
$5 for a market order, a number of other charge less than $10, even
Schwab.com at $29.95 isn't too bad), why bother with DRIPs?

If you have an online brokerage account, you get instant liquidity, you can
in many cases reinvest dividends, and you don't have as much paperwork as
with DRIPs.  I'm starting to believe that DRIPs aren't really worth it any more.

Comments?

Ira




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