My first foray into investing began when I was 19 years old. I went into my bank and was sold a global science and technology fund…the year was 1998. I remember receiving quarterly statements and being totally blown away by my returns. In one quarter the fund was up 70 percent! … [Read more...] about Where It All Began: My Interest in Saving, Investing and Growing my Wealth
Saving and Investing
Dividend Reinvestment Plans (DRIPs): Their Advantages and Disadvantages
In this second post in my series on Dividend Reinvestment Plans (DRIPs), we look at their advantages and disadvantages? The primary advantage of participating in a DRIP of any kind is that it allows an investor to take advantage of compounding by regularly reinvesting dividend … [Read more...] about Dividend Reinvestment Plans (DRIPs): Their Advantages and Disadvantages
What Are Dividend Reinvestment Plans (DRIPs)?
Dividend reinvestment plans are a great way to get your money working for you and offer all kinds of advantages to beginner and more seasoned investors alike. But many people are unfamiliar with dividend reinvestment plans (DRIPs). In this first post in my series on DRIPs I want … [Read more...] about What Are Dividend Reinvestment Plans (DRIPs)?