I have usually taken the dividend but I get the impression people think it is a good idea to sign up for the DRP. I would be grateful to hear peoples opinions on this.
I have usually taken the dividend but I get the impression people think it is a good idea to sign up for the DRP. I would be grateful to hear peoples opinions on this.
2% discount, no brokerage and to reinvest in a growing performing business. I'm all in
Have signed up to full participation through Link Marketservices website.
RupertBear, each investor has different circumstances, many rely on dividends as a main form of income. I personally participate in all DRPs that are available and do the same for my 2 daughters portfolios. It is a cheap and easy way to invest and over a few years, shows you the power of compounding investment. If you don't need the cash, I do not hesitate to recommend participation in DRPs of good well run companies. THL is a good and well run company.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by NZSilver
I would be grateful to hear peoples opinions on this.
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