Quote:
Originally Posted by dhutton
Can't you select to have the dividends reinvested automatically and avoid fees altogether? I can in my Fidelity 401k.
Don
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Quote:
Originally Posted by MtotheIKEo
Exactly what DHutton said, you should be able to reinvest dividends for no fee. It is typically referred to as DRIP (dividend re-investment plan) and it will purchase as many shares as possible at market value when dividends are received, even fractions of a share.
Read the link below...
https://401k.fidelity.com/static/dcl...t_Domestic.pdf |
AWESOME
Thanks guys, I did not know this was a no-cost option in my IRA. For some reason I had the idea in my head that if I did this they would charge me the purchase fee