3 Reasons You Should Avoid Dividend Reinvestment Programs
I agree with the 3 points here in this article. unless you are fossil who cannot do your own investment because you don’t have the patience or tech luddite. Relying on professional financial advisors can be detrimental if things don’t work out. I explain it in the video below
Modern technology has removed a lot of the benefits of dividend reinvestment programs.
Zero-dollar commissions and fractional shares are readily available through most brokers.
You can deploy cash dividends more efficiently if you take a slightly more active role in your portfolio.
As a financial planner, I always say you don’t have to buy real estate to build wealth — there’s a better strategy that’s much easier
As this article states, you could use Real Estate Income Trusts or REIT ETFs to build wealth while not being a landlord or be exposed to actual real estate. On the other hand, the real estate ETF category is subpar compared to other assets like foreign currency. You would be way farther ahead if you knew where to go. Consider this