Thanks for watching! Have a question about DRIPs? Drop me a comment and I'll help you out!
@DandyFinance3 жыл бұрын
Reinvesting is crucial for long term success! Thanks for sharing!
@Rynance3 жыл бұрын
Absolutely! Investing is a marathon, not a sprint!
@sironeil-personalfinancere93673 жыл бұрын
I love DRIP investing! I use it in my Charles Schwab brokerage account. great breakdown! As always, I DESTROYED the like button haha
@Rynance3 жыл бұрын
Awesome! Love to hear it! Keep drippin! Thanks for the support :)
@MoementumFinance3 жыл бұрын
A dividend reinvestment plan (DRIP) is a great wat to take advantage of automated investing of dividends and growing your investments quickly thanks to the power of compounding. Great video!
@Rynance3 жыл бұрын
Yeah totally agree! It's a really great tool! Thanks for dropping by!
@ManuelHernandez-gq1yq10 ай бұрын
thanks- very easy to understand for us begginers.
@Benje3 жыл бұрын
Great vid bro, DRIP investing is great, it’s something I talk about in my video coming out on Monday, great minds think alike 👀😂
@Rynance3 жыл бұрын
Haha no way. Lookin forward to seeing what you've got to say too! Thanks for the support Benje 👊
@ojingaj305 ай бұрын
Thanks bud!! Excellent video!
@ChoogyNet3 жыл бұрын
Thanks. I think DRIP is a great way to keep adding to a portfolio
@Rynance3 жыл бұрын
Agreed! Super useful
@WaysToWealth3 жыл бұрын
Great break down man - I love me some dividends!
@Rynance3 жыл бұрын
Me too!
@RippinBiscuits3 жыл бұрын
Great info on DRIP! Really appreciate this, solid editing man! Well done! Cheers.
@Rynance3 жыл бұрын
Thanks Kyle!
@FluentinFinance3 жыл бұрын
Great video. Dividend Reinvesting & compounding interest is one of the most powerful things in the world!!
@Rynance3 жыл бұрын
Yeah it is! Einstein called it the 8th wonder of the world!
@mr.dividend.investor3 жыл бұрын
Awesome! DRIP is a must for me. Big liked #9. Aloha 🤙
@Rynance3 жыл бұрын
Great! Keep stackin up those dividends!
@brickinvesting3 жыл бұрын
yessssssssss DRIP is the way! solid video. Like #12
@Rynance3 жыл бұрын
Thanks!
@MrDraidis2 жыл бұрын
an excellent explanation. thanks
@CanadianDividendInvesting3 жыл бұрын
I hope wealthsimple adds this feature!
@Rynance3 жыл бұрын
If you’re interested, set up a trading account with your bank (TD, BMO, CIBC etc) and the drip programs are free and no transaction fees!
@thestockexplorer3 жыл бұрын
Stopping bye to smash the like!
@Rynance3 жыл бұрын
Much appreciated!
@KenbismoimaginatioN3 жыл бұрын
great content, happy weekend :)
@Rynance3 жыл бұрын
Appreciated! Have a great weekend!
@thefungiblemillennial-fina22073 жыл бұрын
Great animation and well explained. DRIPS are my favourite so naturally giving you a thumbs up!
@Rynance3 жыл бұрын
Thanks! Yeah DRIPs are awesome!
@MoneyOnlineSimple3 жыл бұрын
Sounds like a great idea, Rynance. Save on all the fees! That is really awesome. Appreciate the info. :)
@Rynance3 жыл бұрын
My pleasure! Thanks for checking the video out!
@AlpineDividends3 жыл бұрын
Great explanation. I like using a no fee trading app to pick and choose which companies to reinvest my dividends in
@Rynance3 жыл бұрын
Yeah definitely a good way to go. DRIPs provide an alternative for those currently using a platform with trading fees!
@DoingLifeToday3 жыл бұрын
Great video! Jam packed with information but broken down in simple terms! Big thumbs up from a fellow creator 👍
@Rynance3 жыл бұрын
I’m happy you enjoyed! Thanks for dropping by!
@YasinNabi3 жыл бұрын
Very useful video sir.... thanks for the great explaination.
@Rynance3 жыл бұрын
I’m happy you enjoyed!
@TylerSinden3 жыл бұрын
This is really cool! Never heard of this before, but seems like a really good method and just making it automatic!
@Rynance3 жыл бұрын
Yeah it’s great! I was setup with a drip for many years and it helped me get my portfolio going when I didn’t have tons of money to invest!
@tommclaren8124 ай бұрын
I'm sorry if you covered it, but is it possible to transfer a dividend or drip to a separate account? Say earning them in an RESP and having them deposited to a TFSA?
@InvestwithDarren3 жыл бұрын
Very well explained!
@Rynance3 жыл бұрын
Thanks!
@jeanpaulfelix40957 ай бұрын
Fot those that want to get serious and arent interested in single digit yearly return I encourage you to join IBD and begin your education.
@TitoWasHere4483 жыл бұрын
pro
@Rynance3 жыл бұрын
🤑
@TitoWasHere4483 жыл бұрын
pro investment plans
@Rynance3 жыл бұрын
@@TitoWasHere448 yeah DRIPs can be a really great way to get started in the market. I think they are overlooked and should be considered by more investors!