The Power of Dividend Reinvestment Plans Do you ever feel like you are being left behind? Like the people around us are steadily building their financial lives and we don’t even know where to start. You are about to learn something powerful so stick around to the end to find out the best reason for having a dividend reinvestment plan. A dividend reinvestment plan, also called a DRIP, lets you automatically reinvest the dividends of stock market assets you own. [1] Not all companies pay cash dividends, but many do. Dividend payouts are usually every three months. You can use these quarterly payments to purchase more shares of the company’s stock. [2] What are some of the benefits of DRIPS? It’s Automatic You set up dividend reinvestments and they quietly go to work for you in the background with no additional work on your part. Each time a dividend is paid more shares will be purchased for you. You don’t need to save or budget for...