DRIP TOP BENEFITS FOR INVESTORS
By choosing a DRIP, you can potentially receive benefits from the investment. The most important step when choosing DRIPs is to pick a strategy that works for you.
What is a Dividend Reinvestment Plan? (DRIP)
A DRIP is a program that allows an investor to reinvest their dividends. When considering this and a Mortgage Investment Corporation, the investment increases to its highest rate due to compound interest. Essentially you are earning interest on your interest and you benefit from the effects of compounding.
Your investment in a DRIP tends to yield a more significant share or return on your investment in the long run. This investment type interests those who are generally considering a long-term plan in their investment strategy.
Things to Consider with DRIPs
Before you decide on a DRIP, remember this investment type isn’t for everyone. It is best suited for long-term investors who are considering a long-term strategy and don’t require payouts of their monthly interest. Often people seeking to use or spend their monthly returns do not choose a DRIP.
Consider Nest Capital
MICs are becoming an increasingly popular investment option for just about any investor. At Nest we are able to easily accept changes to your DRIP. If you either want to start or stop a DRIP with Nest then simply email us specifying the date you’d like to change it. Our team is here to help when you are ready to get started.