ID: | 11 | |
Title: | Wall-Street.com | |
URL: | http://www.wall-street.com/direct.html | |
Category: | Direct Stock Investing | |
Description: | What is the difference between a Direct Purchase Plan (DPP) and a Dividend Reinvestment Plan (DRIP)? Both are no-load stocks and in both cases the individual investor can buy stock directly from the company without going through a broker. However, to buy a DRIP, you need to already own stock to reinvest your dividend as more stock. With a DPP, you can be a first-time buyer. | |
Pagerank: | 4 | |