Twitter
Email
RSSMy DRIP Strategy
My DRIP strategy is pretty simple, not necessarily smart.I take savings monthly and simply direct them to DRIPs that usually meet 2 criteria:
1) are "under water" and
2) still look like reasonably attractive investments
I don't always do this but as a rule of thumb that is my approach. Currently the DRIP that I have focused on for the last couple years has been my Pfizer DRIP. I started investing in Pfizer shortly after 9/11. I have continued to invest in additional Pfizer stock as often as I can as the stock has continued to go down. Kind of a modified dollar cost averaging down approach.
Similar Entries
Dividend Income Growth (Nov 29, 2007) I have started pulling together our dividend income for 2007 although a number of investments still have dividend payments remaining in December. Incomplete 2007 Dividend Income Company Q1 Q2 Q3 Q4 Total Pepco $ 5.26 $ 5.30 $ 5.35 ...
Annual Dividend Hikes (Nov 26, 2007) In the beginning of the year, I reviewed my 2006 passive income, mainly from dividend paying stocks I own. Here is the same list of companies with any quarterly dividend hikes seen in 2007: 2005 Dividend 2006 Dividend 2007...
How Do You Invest In A DRIP? (Nov 07, 2006) Ok so your interested in DRIPs - sounds like it might be a cheaper way to buy investments. Here my advice on how to make them work for you. What are DRIPs? 1) Don't invest in a DRIP; figure out...
Comments (0)