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This image is originally part of the article DRIP Investing: Dividend Reinvestment Plans

General Electric DRIP PLAN: I now really love Dividend Reinvestment Plans, or DRIPS, as an alternate way to invest my hard-earned money. They offer low monthly or quarterly transaction costs (and sometimes company paid!), and provide a great way to accumulate shares in great companies over a long period of time. The best thing about DRIP plans or DSPP - direct stock purchase plans, is that after fees -- every dollar you give them is invested - resulting in whole and fractional shares. Since even fractional shares generate dividend income, your money grows faster. You don’t need a financial planner to tell you how smart that kind of compounding is! This is a big part of my long-term wealth building plan.

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