Does anyone invest in Drips?

[Knightrofins]

Looking to start investing in a few of them.

Curious to know if anyone here does this and if you like it or not?

Looking for LONG term that pays dividends to reinvest. Not sure if i want to do stocks or mutual funds (or both) and not looking to pay crazy fees.

Thoughts?

 

[Bozzie]

Super boring but if you're going to hold and wait and want dividends .

Home Depot...Back to pre C19 levels and weathered the closings very well.

30% growth in online sales.. solid chart 10 years running.

Good luck!

 

[Bruins4Life]

I held TD for quite a while for dividends as well as some BMO.

 

[Knightrofins]

Thx.

Trying to do some "safer" investing in where i'm not touching anything for at least 20 years.

Just debating doing stocks, mutual funds, or both.

 

[Bozzie]

20 years?...wow..I like it.
The world is your oyster if you're thinking 20 years.

 

[Bozzie]

I held TD for quite a while for dividends as well as some BMO.

A few Canadian banks pay nice dividends .

 

[Bruins4Life]

Just buy Amzn and look every 5 years.