Does anyone invest in Drips?

Knightrofins

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• Jun 10, 2020

• #1

Looking to start investing in a few of them.

Curious to know if anyone here does this and if you like it or not?

Looking for LONG term that pays dividends to reinvest. Not sure if i want to do stocks or mutual funds (or both) and not looking to pay crazy fees.

Thoughts?

 

Bozzie

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• #2

Super boring but if you're going to hold and wait and want dividends .

Home Depot...Back to pre C19 levels and weathered the closings very well.

30% growth in online sales.. solid chart 10 years running.

Good luck!

 

Bruins4Life

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• #3

I held TD for quite a while for dividends as well as some BMO.

 

Knightrofins

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• #4

Thx.

Trying to do some "safer" investing in where i'm not touching anything for at least 20 years.

Just debating doing stocks, mutual funds, or both.

 

Bozzie

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20 years?...wow..I like it.
The world is your oyster if you're thinking 20 years.

 

Bozzie

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Bruins4Life said:

I held TD for quite a while for dividends as well as some BMO.

Click to expand...

A few Canadian banks pay nice dividends .

 

Bruins4Life

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Just buy Amzn and look every 5 years.