Dividend Reinvestment Plans: The passive investing hack most people ignore
Episode description
What if the shares you already own could help grow your portfolio faster? In this episode, we break down how Dividend Reinvestment Plans (DRPs) can quietly boost your returns over time. This one's for the set-and-forget investors; your comprehensive guide to dividend reinvestment.
We cover:
- What DRPs are
- How they work and when to use them
- Steps to set them up in your portfolio
- How we use them in our own investing strategies
Links Referenced:
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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