06-21-2015, 08:38 AM
The biggest problem is that you lose control over the reinvestment.
I had a drip in UNP for about 6 months and it drove me nuts, including an irrational abhorance of fractional shares.
I much prefer to collect all my dividends from my portfolio and new money and invest the dividends in the particular stock that is the best value at the time.
I had a drip in UNP for about 6 months and it drove me nuts, including an irrational abhorance of fractional shares.
I much prefer to collect all my dividends from my portfolio and new money and invest the dividends in the particular stock that is the best value at the time.