Abstract

This paper describes how to achieve financial independence by using the Dividend Reinvestment Plan (DRIP) in conjunction with dollar cost averaging to purchase stocks of quality companies, paying increasing dividends. The formula derived in this paper uses historical data over the 15 year period from 1993 – 2007 to compute returns.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call