(09-02-2019, 08:21 AM)Ron Ricco Wrote: All mine come in tax advantaged accounts and are feee for reinvestment. I just let them drip, otherwise I would end up either paying quite a bit in commissions (65+- stocks) or pooling it each month for few purchases.
I see the value in the alternative strategy as well and I will allocate new money that way, but results have worked out pretty well with straight dripping.
Commissions or the lack thereof absolutely matter when making this decision. So does your account balance. I dripped XEL, JNJ and PFE for decades and it definitely worked out well. The Div checks were small in the early years. When the total monthly Divs hit $1000 or more, I wanted a vote in where they are re-invested. That's a full stock position or two per year, and I desire to buy low for a better initial yield.