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Written by Administrator
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Friday, 22 December 2006 |
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How do you get free money from credit card companies you might ask. Why in the world would they be giving away free money? They definitely aren't in it for the charity. They do want to give you just enough rope to hang yourself so to speak though. In general, this would only requires 10 minutes of your time each month. The problem is just reminding yourself to do it every month. CAUTION: Do not read further if you are not good at managing multiple accounts , keeping track of paperwork, or do not pay your credit card bills on time as this could be hazadous to your credit score if you fail to keep up with this.  Comments (21) |  Add as favourites (58) |  Quote this article on your site | Views: 965
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Last Updated ( Tuesday, 02 January 2007 )
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Read more...
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Written by Administrator
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Saturday, 23 September 2006 |
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Investing small amounts of money over long periods of time in a solid company's stock has historically been an excellent way to create wealth. The slow accumulation of quality stocks and investments over long periods of time is the secret. But how do you become a millionaire when you only have a small amount to invest? This is where DRIPs enter the picture. DRIPs? What are these funny sounding investment terms? They are Dividend Reinvestment Plans. A great way for beginning investors who don't have a lot of money to invest. You can even start an account with $50 and constantly add to it every month. You can choose to have your dividends constantly reinvested in the company at no additional cost thereby creating a snowball effect. DRIPs are usually offered directly through a company to give its shareholders an inexpensive way to invest in the company. Normally the commissions are either free or very low compared to stockbrokers and it only requires you to hold one share to start investing through a DRIP plan. To get that one share, you have to go through a broker to purchase it. Afterwards, you are entitled to invest in the plan. Another alternative to a DRIP is investing shares in Sharebuilder. Sharebuilder is pretty much a DRIP for the whole stock market. You can invest in stocks for as little as $4 at a time and have your paychecks directly deposit into Sharebuilder each pay period to ensure that you are paying yourself first. Comments (11) | Add as favourites (34) | Quote this article on your site | Views: 568 |
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Last Updated ( Thursday, 21 December 2006 )
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