07-06-2015, 04:30 AM
I don't have a drip plan, I just buy more regularly. These new buys come from the dividends + additional cash I deposit. So I do not have a set plan of what to buy, I judge that based on my current weighting, the price of the shares and the outlook of the company.
I think this allows me to be much more flexible. Only thing is, I don't change the currency except when depositing new cash. So dividends paid in CAD will be reinvested as CAD, same for all other currencies except EUR since I often do EUR to USD or EUR to CAD.
I think this allows me to be much more flexible. Only thing is, I don't change the currency except when depositing new cash. So dividends paid in CAD will be reinvested as CAD, same for all other currencies except EUR since I often do EUR to USD or EUR to CAD.