Webull Dividend Reinvestment (DRIP) has Arrived!

Рет қаралды 9,021

Күн бұрын

🚀 Finally, Webull offers DRIP! Reinvesting your dividends can be powerful in your wealth-building journey. Join me as I explain the benefits of Webull's Dividend Reinvestment Program and how it can help you grow your portfolio. Don't miss out, subscribe to my channel for more exciting investment updates!
Get Webull: sweetlifesuccess.com/go/webull
Learn more about Webull in the Webull for Beginners video: • Webull for Beginners T...
🔍 Discover in this video:
1. DRIP Explained: Its impact on your investment approach.
2. Activating DRIP on Webull: A comprehensive guide.
3. The Benefits of Reinvesting Dividends: How it can amplify your portfolio growth.
4. Real-world Examples: Showcasing DRIP's effectiveness using SCHD ETF.
5. Webull App Tutorial: Master the app to optimize your investments.
📈 Key Takeaways:
Insight into DRIP and its role in long-term wealth accumulation.
Easy steps to enable DRIP in your Webull account.
Analysis of dividend ETFs, including Charles Schwab's High Dividend ETF.
Outcomes comparison: with vs. without dividend reinvestment.
💡 Why Watch?
Understand DRIP's role in compounding investments.
Learn Webull's functionalities for enhancing returns.
Acquire knowledge on effective wealth-building strategies.
🔗 Useful Links:
[Sign up for Webull] sweetlifesuccess.com/go/webull
👍 Enjoyed the Video?
Hit like, subscribe, and ring the bell for more investment insights. Share this video with peers to aid their portfolio growth!
Chapters of Webull DRIP Video:
00:00 Webull FINALLY Offers DRIP
00:59 How to Activate Dividend Reinvestment
01:48 Selecting which Stocks for DRIP
03:15 What DRIP Allows You to Do
03:36 Not Reinvesting Dividends with SCHD
04:02 Reinvesting Dividends with SCHD
📝 Join the Discussion:
Share your views or queries on dividend reinvestment or your Webull experiences. We value your input!
STUFF I RECOMMEND!*
🤑 Webull App - get FREE stocks when you get started (limited time) ► sweetlifesuccess.com/go/webull
📊 The Ultimate Transaction Register - track your budget the real way ► averagetoamazing.com/download...
💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive 50% off on a Premium Membership ► sweetlifesuccess.com/go/seekin...
💰 Track Your Dividends ► sweetlifesuccess.com/go/divid...
💳 Apply for an American Express Card with this link. We can both get rewarded if you're approved ► sweetlifesuccess.com/go/amex
*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Пікірлер: 60

@BobSharpe 7 ай бұрын

I'm finally BACK full time and Webull is FINALLY offering DRIP! Are you taking advantage of DRIP? Get started with Webull ► a.webull.com/i/BobSharpe

@barrettstreeter1850 7 ай бұрын

I was low key wondering where you went. I appreciate all your advice! I’m still a beginner investor and am super slowly building a portfolio, but I already see the effect through percent growth and am looking forward to adding more as I work more and don’t have school.

@Topg2918 7 ай бұрын

Is this a new free 12 stocks deal or is it like an expired one is this deal still going?

@ugr_net 26 күн бұрын

..what do you like about banking ETF's?

@BobSharpe 26 күн бұрын

@@ugr_net I grabbed them during the SVB collapse and sold for a great profit. Was taking advantage of the temporary downturn during those days 🙂

@ugr_net 26 күн бұрын

@@BobSharpe short term hold ?

@3DWoodWorks Ай бұрын

Thanks, this is great knowledge thanks for passing in on. I am new to investing and am 49 going over my retirement and it looked slim. So i got webull and im now in the game.

@BneiAnusim 3 ай бұрын

Easy man, I have things to do! You are becoming my Netflix! 🤣

@johnp6955 7 ай бұрын

Perhaps Webull is indeed listening as this is the second time they decided to update their functions based on your suggestion. As they say, third time is a charm, so maybe they should just go ahead and have you as an advisor? Everybody Wins, lol

@BobSharpe 7 ай бұрын

Love that!!

@uryanbuenaflor7483 7 ай бұрын

Hey Bob, New to investing and finally starting the process about a year ago. I don't have that option, is it because my dividends have not hit the minimum $1 yet? I even updated Webull but it still is not popping up as an option to enroll.

@cfb7000 5 ай бұрын

Thanks for the video.....but how do you activate DRIP on the web platform?

@suedehead00 7 ай бұрын

Do you know of they are rolling this out in waves? I am in the US and I have had Webull for the past couple of years. I am running the latest version of the Webull phone app (Android) and it does not show the Dividend Reinvestment Program option under the Manage Brokerage Account settings. Anyone know why?

@jasonmraz3239 6 ай бұрын

that's really a good feature.

@michaelhowse6077 4 ай бұрын

Thanks so much

@Myterymeat 7 ай бұрын

I have the option but it’s telling me I have no position I just got the app yesterday and made a deposit but gotta wait was wondering why it would tell me I have no positions?

@diegoperez1243 2 ай бұрын

thanks man ive been waiting for drip for the longggggggest time

@BobSharpe 2 ай бұрын

Finally it's here!!

@kl9058 7 ай бұрын

They need a trailing stop on options

@boche123 7 ай бұрын

If you receive a $1,000 in dividends in a month, you can hold to use than money to drip until you collect the $50 of the webull cash account apy. Then reinvest and buy a extra share with that also.

@BobSharpe 7 ай бұрын

Hey that's a great idea!

@jaysantiago-BX-NY 7 ай бұрын

I'm in New York. I do not have that option. Does that mean it's not offered in NY? Or perhaps my investments don't qualify for DRIP?🤔🤷🏽‍♂️

@ElectroWits 4 ай бұрын

Different state same problem

@denaetak1147 11 күн бұрын

Thanks!!!

@TheTipsyRedFox 2 ай бұрын

why can't i use drip in my roth IRA? can you pressure them to make this available there as well?

@emilion4000 7 ай бұрын

The DRIP option is not showing on my app…and if you’re wondering, I have updated my app!

@BobSharpe 7 ай бұрын

So I did some digging on why this is happening and apparently it's rolling out slowly - so stay tuned over the next 3 weeks!

@emilion4000 7 ай бұрын

Cool thanks for the update!!!!

@BULLETENVY 7 ай бұрын

Gah I'm sooooo happy they finally set this up. Been waiting to dump my other account on robinhood. However. I noticed it wouldn't let me do drip on my roth. Is there a reason for that?

@BobSharpe 7 ай бұрын

I reached out and it looks like they are still slow rolling this out to everyone - so in the next month we should know more on the timing of all accounts!

@natoshadudley7698 7 ай бұрын

About time. It won’t allow drip on my ETFs though.

@BobSharpe 7 ай бұрын

Interesting! Which ETFs is it restricting from DRIP?

@tims.5995 3 ай бұрын

My HNDL won’t drip because that stock doesn’t sell fractional shares but my JEPQ will drip.

@dillard715 3 ай бұрын

Do they have the drip program for Webull Roth IRA?

@tims.5995 3 ай бұрын

Yes they do but only for dividend stocks that sell fractional shares.

@Luxlookgood 5 ай бұрын

Can you reinvest in your Ira account?

@BobSharpe 5 ай бұрын

Yes dividends can be reinvested in an IRA

@abhishekbajra7071 7 ай бұрын

Hi Mr Bob what is Webull cash management?

@user-yf2te9pi1o 7 ай бұрын

Just about time they added drip… I still think there’s a lot of room for improvement though…

@blktauna 7 ай бұрын

Hmm, this is not in my options...

@BobSharpe 7 ай бұрын

One thing I forgot to mention is you have to update the app. If you already did that - which country are you located in?

@blktauna 7 ай бұрын

@@BobSharpe thank you, Bob. Id missed an update. I have the new option and it seemed already set up.

@eddy41617 7 ай бұрын

@@BobSharpe Not in my option either in US even after update. Must be account type

@outdoormatt2177 7 ай бұрын

Once again the Australian version of Webull doesnt have this feature or the reoccuring investment feature its so annoying, great video though mate

@WongInvests 7 ай бұрын

Not here in Asia as well it’ll take some time to roll out but good to know they are adding features

@mattssimpson Ай бұрын

Can you not do this with a Roth IRA?

@BobSharpe Ай бұрын

Yes you can!

@mattssimpson Ай бұрын

@@BobSharpe I tried but it says I have no open positions when I have 1 position that I’ve had open for years. I had an individual account that I didn’t have any positions open in so I’m going to try to close that account and see if that works. Thanks bro