reinvest dividends or not?

[ChadR]

I reinvest the dividend. For a couple of reasons. It's free. I like seeing that I got paid more each quarter from that stock than the previous quarter. Easier to be set to autopilot this way in that I'm always invested in the market. That being said, I do have a few of my stocks that I receive the cash. Ones that are severely overvalued and one account that I kind of use as my emergency fund. That way in case I do need it for an emergency, there is a little bit of cash.