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The Pocket Idiot's Guide™ To Direct Stock Investing by Lita Epstein, Douglas Gerlach

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Chapter 10
Synthetic DRIPs
In This Chapter
• Broker DRIPs
• Synthetic DRIP advantages
• Portfolio management
• Best synthetic DRIP broker
You can arrange to have your dividends reinvested through a broker at no cost. Many brokers do offer that service. But this is not a real DRIP. It’s known as a synthetic DRIP. In this chapter, we explore the pros and cons of synthetic DRIPs and how they may enable you to better manage your portfolio.

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