Great product for children and young adults?

[Crabcake Johnny]

Look into them. It allows the average investor to buy stocks directly and diversify. Also, the reinvested dividends gives you added purchasing power. The only downside is most of the companies offering DRIPs are major corporations - "blue chip" so you're not gonna get the huge capital growth as you would with small cap stocks. However, with homework it's actually a very safe place to invest (unless you think Coca Cola's going out of business anytime soon.) This is actually the answer for people who want the gains the stock market offers without a lot of the risk. It also allows you to capitalize on dollar cost averaging - a very important investment tool. This is the only thing around that allows "small fish" investors to actually have a stock portfolio.

http://www.fool.com/school/Drips.htm

http://www.directinvesting.com/drip_learning_center/index.cfm

 

[J.R.]

1. Real estate. I would love to find a parcel of land (no money down) for a $100 or so per month payment.quote]

>>>>>>Before purchasing land, go here first http://www.investinginland.com/index.php

Stay away from the seminars as they are overpriced and useless. His book is excellent though and well worth the money. Make sure you are thoroughly knowledgeable about, "no money down" techniques, as well as land. Taxes, zoning, and a host of other issues with effect your returns.

 

[Guest]

James and John Petrowski

Thank you both very much for the time and consideration in your replies.

I know John is a big advocate of stock, I did not think you were James, but based on your reply, I may have misjudged you.

Here is a link on DRIPS you might both find usefull (though you both probably already have it if you are into them)

http://www.dripinvestor.com/subscriber_area/Keeping Tabs.pdf

Don't ask me why, I just like the concept of buying the DOW, but if I went that route, I think I would buy Dow Diamonds (Dow index ETF's) using Sharebuilder.com

salpro22

Outstanding link. Thank you for your time and consideration.

 

[James]

James and John Petrowski

Thank you both very much for the time and consideration in your replies.

I know John is a big advocate of stock, I did not think you were James, but based on your reply, I may have misjudged you.

Here is a link on DRIPS you might both find usefull (though you both probably already have it if you are into them)

http://www.dripinvestor.com/subscriber_area/Keeping Tabs.pdf

Don't ask me why, I just like the concept of buying the DOW, but if I went that route, I think I would buy Dow Diamonds (Dow index ETF's) using Sharebuilder.com

salpro22

Outstanding link. Thank you for your time and consideration.

Everything has its place, in these debates we all tend to over play our hands. Dividend and reinvestment is a solid idea, various ways you can do it but the Drip system is a solid idea.

 

[Crabcake Johnny]

The best thing about DRIPs is you never hear about them because they're not a part of the whore financial world. You buy direct so there goes broker and brokerage profits. Then you actually hold onto the stocks for a long period of time - you cannot trade them 10 times a day like you can with these online broker accounts. Actually, cashing out DRIP stocks is a huge pain in the ass. Good. And because everyone can't have their hand in your pocket they simply aren't discussed which means they're fantastic.