Invest With Dividend Reinvestment Plans Flagstaff AZ

Investing in a dividend reinvestment plan means you don't need money to make money (well, maybe a little).

John Stephens
TCI Wealth Advisors, Inc.
(928) 226-0868
150 W. Dale, Suite 1
Flagstaff, AZ
Expertises
Advising Medical Professionals, Planning Issues for Business Owners, Planning Concerns for Corporate Executives, High Net Worth Client Needs, Ongoing Investment Management, Advising Entrepreneurs
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, MBA, MD

Mr. Thomas R. Pahler, CFP®
(928) 606-5172
1094 N Conifer Rd
Flagstaff, AZ
Firm
TRP Financial

Data Provided by:
Mr. Mark E. Frank, CFP®
(928) 774-4766
1016 W University Ave Ste 105
Flagstaff, AZ
Firm
Edward Jones
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Not Applicable

Data Provided by:
Wells Fargo - East Flagstaff
(928) 556-9872
2625 N 4Th St
Flagstaff, AZ
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Bank of America - Flagstaff Mall Branch
(928) 526-2574
4550 N Highway 89
Flagstaff, AZ
Type
Banking Center
Services
Banking Center Services: Commercial Deposits, Night Deposits
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Multi-Check Deposit, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed

Mr. Theodore Dwyer, CFP®
(928) 774-7679
2615 N 4th St
Flagstaff, AZ
Firm
Dwyer Financial
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Ms. Keith Todhunter-Schaafsma, CFP®
(928) 774-9598
809 W Riordan
Flagstaff, AZ
Firm
Ascendant Financial Solutions
Areas of Specialization
Investment Management

Data Provided by:
Mr. R. Michael Alvey, CFP®
(928) 637-6446
901 N. San Francisco St.
Flagstaff, AZ
Firm
Aspen Financial Strategies, LLC
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Profession: Not Applicable

Data Provided by:
Chase Bank
(928) 779-7351
4830 N Hwy 89
Flagstaff, AZ
Type
Freestanding
Office Hours
Mon:8:30-5:00
Tues:8:30-5:00
Wed:8:30-5:00
Thurs:8:30-5:00
Fri:8:30-6:00
Sat:9:00-1:00
Sun:closed

Wells Fargo - Flagstaff Mall
(928) 526-7709
4650 N Hwy 89 D3
Flagstaff, AZ
Type
Branch
Office Hours
Mon-Fri 09:00 AM-07:00 PM
Sat 09:00 AM-05:00 PM
Sun Closed

Data Provided by:

Invest With Dividend Reinvestment Plans

Provided by:

Building wealth DRIP by DRIP

Investors usually start with a bundle and hope to make it bigger. With direct investment plans, also known as dividend reinvestment plans (or DRIPs), you begin with next to nothing and you can end up with a bundle. DRIPs allow individuals to invest cash-even small amounts, perhaps $25 or $50-directly through a company without paying brokers' fees or commissions. These plans are offered by about 1,300 companies--among them some of the bluest of the blue chips.

Why you haven't heard about DRIPs before

There is a reason why DRIPs have been called "Wall Street's best kept secret." You haven't heard about them because companies can't advertise their DRIPs (by law). And you won't hear about them from brokers and fund managers because they can't sock you with big fees and commissions if you buy stock directly from a company. SEC rules make it difficult for companies to let the "secret" out to prospective investors. But some of the best companies in America--Coca Cola, Intel, Motorola, 3M, Exxon, Johnson & Johnson, Black & Decker, to name a few, have been offering DRIPs for years.

Why you should be interested in DRIPs

There are no fees or commission for purchases of stock through many DRIPs, so it becomes feasible to routinely make small cash investments. More than 700 of the 1,200 DRIPs we follow at our website, directinvesting.com, don't charge any fees, or at least only minimal amounts. Check the "no fee" box when you "select" DRIP stocks at our website to choose among companies that offer no-fee or low-fee DRIPs. ...


Click here to read the rest of the article at YoungMoney.com.