The other day I read this post over at Plugged in Finance about how he is investing in dividend reinvestment plans or DRIPS. DRIPS are something I’d heard a lot about in the past and I remember being interested in the concept but before I had time to really look into them and learn about them, I moved on to something else and pretty much forgot about them.
Well, that post by Finance Junkie caught my attention and so today I did a tiny bit of initial research while at work. In a few minutes of research I learned quite a bit but some of it was floating over my head and I just couldn’t really find out where to start. So I thought I would just shoot off a quick email to Finance Junkie and asked him. I was hoping to get a reply, but wasn’t expecting more than a few sentences and was assuming that it would probably be some info that I had already come across in my brief research.
The response I received was so much more. He kindly walked me through some basics and told me what I needed to get started which is what I was looking for. I was just blown away by the length and thoughtfulness of his email that I decided I would give him a big shout-out on the blog.
Head on over to Plugged in Finance and check out Finance Junkie and what he’s writing about.
As for DRIPS, now that I know a little bit more about them, I am considering investing with that method. I’ll still have to do a lot more research, but I have the ball rolling and will let you know what I decide to do.
Just wanted to say that’s another reason I love blogging because there really are real people behind these blogs and in most cases they are more than willing to help. So thanks again, Finance Junkie.
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