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UPS stock part deaux
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<blockquote data-quote="Zigzag99" data-source="post: 419504" data-attributes="member: 12588"><p>there is no fee for Reinvesting your dividends. There is a ten dollar fee four times a years for each actual stock purchase they make for you. The reinvestment plan they have does not charge you to use. Scottrade charges 7 so its ten, big deal. I have no prob with the program. I look at it this way the 180 I put in a week is a gamble yes, but at least half of that would just go to things I really dont need. I dont even notice it missing from my check anymore. I am a driver like many of you I make a very good living, I would rather gamble on the market than look back in ten years and figure out what i spent that 100.000 on. No I do not have all my eggs in one basket, but this is basic logic. Compounding money. Remeber the story? "If you save a dollar a day you will have 365 in a year" When a dollar may not be much 365 is. I usually dont have much to say but this Mellon program is actually something I recomend to all UPSers</p></blockquote><p></p>
[QUOTE="Zigzag99, post: 419504, member: 12588"] there is no fee for Reinvesting your dividends. There is a ten dollar fee four times a years for each actual stock purchase they make for you. The reinvestment plan they have does not charge you to use. Scottrade charges 7 so its ten, big deal. I have no prob with the program. I look at it this way the 180 I put in a week is a gamble yes, but at least half of that would just go to things I really dont need. I dont even notice it missing from my check anymore. I am a driver like many of you I make a very good living, I would rather gamble on the market than look back in ten years and figure out what i spent that 100.000 on. No I do not have all my eggs in one basket, but this is basic logic. Compounding money. Remeber the story? "If you save a dollar a day you will have 365 in a year" When a dollar may not be much 365 is. I usually dont have much to say but this Mellon program is actually something I recomend to all UPSers [/QUOTE]
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