08-21-2014, 06:45 AM
No drips of any kind for me. I buy shares of a specific stock that appears to give oversized value on a given day. For the life of me, can't see the value of arbitrarily buying shares, no matter what the price, and just because shares add to an existing holding. I doubt that Warren Buffet uses drip either, as entry price represents a significant factor in potential gains from a purchase. Cash is being allowed to accumulate in this current long in the tooth, widely over priced market. Patience will likely be rewarded with bargains such that any foregone opportunity cost will be negligible.
Alex