Message Boards

Beginners Corner
Moderator is drppingsoprano

Date: 1/1/2009 4:42:01 PM
Frequently Asked Questions
Author: drppingsoprano Country Flag
Subject: 12260/18901 - Re: running a DRIP and SPP from a discount brokerage
<= Previous              Post Response              Post New              Next =>
Message:
There are two different kinds of DRPs - the ones you do through the TA (Transfer Agent), and the ones you do through a broker. I highly suggest you read the DRiP 101 articles in the articles section of this site, as this should clear up your confusion.

You should be aware, if you have been reading the ENF.UN materials, that you need to have 100 shares to enroll in the DRP through the TA.
 
<= Previous              Post Response              Post New              Next =>

Support DIRC - Buy Amazon
Books purchased through the links in the Books section help support this website.
Even if you do not buy the linked book, any purchase where you originally got to Amazon.com through the link is beneficial.
Your support is appreciated.

Author Profile
  Number of Messages Past Six Months: 43
  Location: Toronto
  Inv. Style: I'm supposed to have a style? BTW, soprano refers to my voice, not my mob ties :o)
  Website 1 : groups.google.ca/group/toronto-drp-club Place for Toronto DRPpers to meet
 
(Number in parenthesis is unread messages)
   U.S. DRiPs (21112)      Canadian DRiPs (35827)      U.S. Money and Tax Matters (4835)      Canadian Money and Tax Matters (8585)   
   Stock Talk (19335)      Overlooked Stocks (3039)      MoneyPaper Specials (2560)      Share Exchange (32891)   
   Brokerage, T.A., & Bank Accounts (2997)      Bugs and Recommendations (3073)   
Other Websites You May Enjoy