I started this thread partly to point out an alternative to getting the min $ for opening a brokerage account. The DRIP I believe is a good choice. The big thing with a DRIP is you can start one with $100.00 more or less including your first share.
If you pick a mature company and continue to invest regular amounts on a regular schedule you would be surprised how much value you can accumulate in a relatively short period of time.
If you do not have the money to start you can start with this. I think it is a good way to save money and beats a bank account by a large margin on long term savings. More risky than a GIC or a Gov bond and more risk than mutual fund, but better return in my opinion. God bless dividends and the power of compounding. I am talking about 5 yrs or so.
The other reason I started this thread is because I really wish i would have learned about DRIPs about 27 years ago when I was 15.
