Gerardo ZuluetaJun 21, 20201 min readHow can you invest your moneyBefore you invest, please educate yourself. You need to understand what you have chosen to invest, how can you invest your money, how to analyze stocks of quality, value, financial strength , growth potential, as well as how to avoid lost and pitfalls, and where to find information Warren Buffett, one of the most successful ever, has read every book he could lay hands up. Direct stock purchase plan with dividends reinvested (’drip’) or direct purchase plans (’DSP’). Most plans will require a minimum investment of $ 50. Search no trading plan fees, and research any companies offering such plans. With these you do not have to deal with the consultant (or paying their commissions) because you can directly from there. Not every company offers this option, but more than 1,000 enterprises to do so. You will have to search for businesses to provide direct procurement programs. In most cases, you can perform once or set up a recurring automatic plan. The latter is a disciplined way and cost effective to build a portfolio of securities. There may be a nominal commission or a minimum requirement. The main difference between drip and DSP is engaged drip you had to own at least one share of the stock of the company. Then you collect your dividends in the form of additional shares rather than cash. luckhoff, South Africa4 views0 comments1
Before you invest, please educate yourself. You need to understand what you have chosen to invest, how can you invest your money, how to analyze stocks of quality, value, financial strength , growth potential, as well as how to avoid lost and pitfalls, and where to find information Warren Buffett, one of the most successful ever, has read every book he could lay hands up. Direct stock purchase plan with dividends reinvested (’drip’) or direct purchase plans (’DSP’). Most plans will require a minimum investment of $ 50. Search no trading plan fees, and research any companies offering such plans. With these you do not have to deal with the consultant (or paying their commissions) because you can directly from there. Not every company offers this option, but more than 1,000 enterprises to do so. You will have to search for businesses to provide direct procurement programs. In most cases, you can perform once or set up a recurring automatic plan. The latter is a disciplined way and cost effective to build a portfolio of securities. There may be a nominal commission or a minimum requirement. The main difference between drip and DSP is engaged drip you had to own at least one share of the stock of the company. Then you collect your dividends in the form of additional shares rather than cash. luckhoff, South Africa