Drip. Drip. Drip. Drips are just another one of the many stock market terms out there an they’re a simple way to accumulate more shares in a company. Some businesses offer Drips (Dividend Reinvestment Plans) so that you can buy stocks directly from them, rather than from a stock broker. By using a Drip you save a lot of money because you have to either pay a very small fee or no fee at all, unlike if you buy stocks from a stock broker. Sadly, there are some negatives to Drips. Not all companies offer drips, and even when they do the business sometimes requires you to already own one or more shares in that company.
Want to know what companies offer Drips? Go to http://www.giveashare.com/drips.asp to see a list of some of the business that offer them.
That’s all for now, Ben