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DIVIDENDS AS SHARES (WHO?)     

captainmerton - 07 Jan 2005 15:12

A quick query. I am pretty new to this investing game and i know some companies allow you to take dividends as shares although most dont seem to. How do i find out which companies allow this other than phoning each registrar? Are there any lists?

footdocta - 10 Jan 2005 21:30 - 8 of 9

You don't have to invest every month- Just whenever you want. I think 20 is the minimum- however over a year thats plenty if you know the stock will deliver on the Divi

As for your second question- Yes there is a broad range of stocks- however there have been a couple of occasions where I've had to phone them to ask that they update the system with new issues (what's all that about!!) I let them know on no uncertain terms that this was not good enough- There should be some mechanism to update the system automatically (I was advised that this was under review)

You can check whether the stock you want is on the system- If not call them and they should be able to amend the system

As for the volatile or speculative plays each to their own- I tend to invest a little in these as if you lose the effect is minimal. I don't invest more than I can afford to lose.

captainmerton - 11 Jan 2005 18:16 - 9 of 9

Sounds good. Seems like the only downside is you cant make your buys at an exact time and date of your choice but who cares if it's 1.50 a buy. Cheers.
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