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DRIP

Direxion S&P Oil & Gas Expl Bear 3X

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I'm a raindrop. I'm a raindrop. Falling from the sky. But I'd rather be a raindrop than a drip holding $DJT.
More than happy to help. Shame about that broker. A lot of companies pay a dividend. DRIP is a good way to buy into a company and not have to look at it again for years. Sort of a "set it and forget it" strategy to investing as dividends are usually paid as a percentage. Your position increases at the same rate, regardless of price. 5% = the same in terms of new shares whether the stock is $1 or $100. Buffett does this and has proven that it works. Most stocks in his portfolio pay a dividend. That's why he just holds stuff for 40+ years, even if the price doesn't move. Play around with this for a bit and you might consider another broker: [https://www.marketbeat.com/dividends/calculator/](https://www.marketbeat.com/dividends/calculator/)
Thank you so much for the breakdown, appreciate it. I asked my broker about DRIP a while back, but they don't support it.
They pay a cash dividend every 6 months (semi-annually). This one is $38 JPY. The smart play here is that when a stock split is coming, investors either run or buy like hell when the price drops. Capcom is avoiding all that volatility by issuing a dividend ~~that equals the current price.~~ today as well. To explain DRIP: When you're paid a cash dividend, you have two options; 1. take the cash and call it a day 2. reinvest that cash into more shares If you choose option 2, your broker automatically uses it buy more shares for you. When they do this, you don't pay any fees. This will increase your position as well for the next dividend payout in 6 months. ~~In this case, you're buying two more shares at the new price of $20 (assuming it remains there until payout).~~ ~~You had 1 share worth $40, which will be 2 shares worth $20 each. If you reinvest your dividend, you'll have 4 shares worth about $20 each.~~ ~~Your investment doubled just for holding.~~
Adding this. ~~That dividend is nuts! Current price is $40 USD~~. That dividend is currently a 6 month payout. ~~A $38 USD dividend paid on the same day as a split is their way of providing current investors with more shares (DRIP + new $20 price).~~ ~~Currently own shares? Have 2 more on us to triple \*double\* your position. Dilution completely avoided.~~ ~~Seriously wish I knew about this ahead of time. Smart play by them.~~ Dividend is being paid as 38 JPY. ​ https://preview.redd.it/clrbyixk01rc1.png?width=1202&format=png&auto=webp&s=6e68014cc17f87ba1d985fd670b5c9778dccab70
Yeah time isn’t on my side on this one. We’ll see Friday though. The problem was I got screwed right off the bat with that nasty drip yesterday. You in any?
Responsibly DRIP 💧 my VOO dividend back into VOO….while I wait for my favorite shit coin to moon 🌙 bok bok
Right!? “It’s the immigrant and refugees destroying the blood of america!!” Meanwhile, it’s the heads of a few dozen families and their political friends slowly drip drying us like an upside down pig.
I’ve been eyeballing that… drip down to shoot up today/this week?
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