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As a shareholder, you could receive earnings from the companies in which you are invested in the form of a cash dividend.
The dividend reinvestment plan (DRIP) enables you to reinvest those cash dividends rather than accepting a cheque from the company in order to increase your holdings in your portfolio. The benefits of DRIP include:
At Edward Jones, we can help you reach your financial goals. Contact your Edward Jones advisor.
Answering this question can help you create a realistic savings goal – but the answer depends on when and where your child goes to school.