DRIP Investing is one of the most powerful investment strategies the individual investor can use to build wealth.
Among the many benefits are: The ability to make fixed dollar amount investments--often resulting in the purchase of fractional shares, the ability to avoid paying brokers' commissions, the ability to dollar-cost average, and, most important, the ability to diversify into many companies in many industries with relatively modest investment capital.
The Moneypaper's Guide to Direct Investment Plans is the most complete listing of company-sponsored direct investment plans in the world today. The Guide lists more than 1,300 DRIP Plans and gives complete details on each plans components, including: Plans offering discounts, minimum/maximum investments accepted, investment frequency and dates, transfer agents and phone numbers, service fees, commissions, and shares needed to qualify. In short, the reader gets the full prospectus details for every company-sponsored plan available.
Plus, the Guide contains a step-by-step procedure for opening a DRIP account, and valuable information about taxes, inheritance, foreign accounts and more.
Drip Investing will help any investor establish a secure, diversified portfolio of high-quality stocks. This Guide is an indispensable tool to help get that done.
Vita Nelson
In 1984, Vita Nelson discovered that dividend reinvestment plans allow you to buy stock without going through a stockbroker. Since then, she has brought this strategic way of investing to the attention of the public and has shown hundreds of thousands of investors how to use these plans.
"Since no brokerage fees are associated with the transaction in most cases," she explains, "it is economically feasible to invest a fixed, certain amount at regular intervals instead of making one large investment. This strategy reduces market risk and allows investors with limited resources to establish well-diversified portfolios."
Ms. Nelson's first job in the financial industry was as a bond trader at Granger & Co., in New York, where she made a market in municipal bonds. Now, as editor and publisher of four well-respected financial publications, she helps investors take responsibility for their own investing.
The Moneypaper Guide to Dividend Reinvestment Plans is the acknowledged authority on the operations of company-sponsored dividend reinvestment plans. These plans accept cash investments and reinvest dividend for individuals who are enrolled in the plans. The guide provides eligibility criteria and plan features for over 1,100 companies that offer such plans. In addition, Ms. Nelson is the editor and publisher of The DRP Authority, and Direct Investing, as well as The Moneypaper, which began publishing in 1981 as the monthly guide for the self-reliant investor.
Ms. Nelson has conducted seminars, appeared on TV and radio shows, and is the author of Create and Manage Your Own Mutual Fund (Lifetime Press, 1994), Say Goodbye to Your Broker (Emergence Publishing, 1998). She is widely quoted in the press, and has been mentioned as a source for information on the subject of direct investing in the Wall Street Journal, Barron's, the New York Times, the Los Angeles Times, the Kiplinger Letters, and the Boston Globe, among many others.
