Hooray.. I've enrolled for the DRIP on 2Mar2015 The list of stock that is in my watchlist and qualifies for the program are ADP,CB,CL,CLX,JNJ,KO,KMB,LOW,MO,MKC,PG,XOM.
OPTIONS will be the way to get more income to write more OPTIONS while DRIP will be the way to accumulate the stocks. Reason for using the DRIP is because theres no transaction fee when using the dividends to purchase and reinvest back to the stocks and its also possible to get fractional shares. Im getting excited.. so beisde monthly updates on the OPTIONS SELLING premium recieved monthly, they will be another whenever theres dividends coming in.. 1st DRIP will be KO on 1Apr2015. Curious to see what will be reflected. hehe...
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