This Dividend Investing Strategy Deserves a Second Look
Are you putting enough thought into reinvesting your stock and fund dividends?
Why it matters: You may have checked a box indicating a reinvestment preference when you opened your brokerage account. Your 401(k) provider likely checked “Yes” for you when you signed up. If you haven’t given it a second thought since, the reinvestment election deserves your attention. Does your decision match your financial goals? And are you managing the necessary details? Amy Arnott, portfolio strategist for Morningstar Inc., reveals tips for smarter dividend reinvesting.
8 Questions for Smarter Dividend Reinvesting
- Let’s focus on when dividend reinvesting works as a strategy and when it does not. Who should consider reinvesting dividends?
- When…