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As my investing strategy has evolved over the years, I’ve started to move away from DRIP (dividend reinvestment plan) investing. In part, because of the extra 1099-DIV tax form and costs basis data. But also because I’m now pooling dividends and reinvesting them into more undervalued stocks. The varying fees are annoying too. I still …
How To Use Lending Club Passive Income With Automated Investing
How to earn Lending Club passive income - In the past, I had to find new loans on Lending Club to invest in. Now with Lending Club’s Automated Investing, the website does all the work for me. Lending Club is a great investment. The loans that you invest in can be a great addition to your overall investment portfolio. It has a proven record of providing a greater rate of return than other investments.
A website that allows you to buy just one share, this allows for DRIP investing where you buy directly from the company with no commission. A fun feature is they have images of the stock certificate. Shown is Caterpillar Stock