The most reliable investment strategy is to identify a widely diversified portfolio of high-quality stocks and build up additional holdings at favorable prices.
DRIPs can help you do that.
Even small investors can follow such a strategy by investing through dividend reinvestment plans (DRIPs). That's because it takes ownership of only a single share of company stock to establish an account. Therefore, there is nothing to stop you from buying companies in a variety of industries.
As for buying at favorable prices, dollar-cost averaging virtually assures that you will buy most shares at favorable prices. And DRIPs provide an excellent way to dollar-cost average. These plans allow you to invest cash amounts to buy shares directly from the company. Once you are enrolled in a plan, you can invest amounts of as little as $25 or $50 (or many thousands of dollars) to buy shares or fractions of shares. That's different than the traditional way to invest, which is to pay brokerage fees to buy a certain number of shares.
Procter & Gamble Company (PG)
Available from the Temper Enrollment Service: Yes
Last Update On: 03/29/2016:
The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators Health Care, which includes oral care and personal health care products. Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands. The Company's products are sold in over 180 countries and territories. P&G's customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores. **Taken from Google Finance**
|Industry:||Consumer prod., food & beverages|
|Shares to qualify:||1|
|Fee for Dividends:||2¢/sh. brkr comm|
! = Company pays fees
Information is based on an annual survey and updated when company changes become available.