Home › Fairmark Forum › Taxation of Investments › Direct Stock Purchase and Dividend Reinvestment Plans › Reply To: Direct Stock Purchase and Dividend Reinvestment Plans
You don’t mention how large the fees are. Have you considered purchasing low cost index funds instead which you can get at Schwab for very low costs.
That would get you a diversified portfolio w/o the individual stock risk and reduce your costs (both operating expense ratio and commission dramatically.
ER is 0.03-0.06% and commission is 0.
A calculation using the same gross return and different “costs” would be useful. A small difference compounded over time makes a bigger difference.