investor clinic

Reinvesting dividends is one of the keys to building wealth. However, one downside of redeploying my dividends manually is that I sometimes get caught taking an extended nap on the job.

Take the past few months, for example. Due to my own indolence – it’s summer, after all – I find myself sitting on $4,666.71 of cash in my model Yield Hog Dividend Growth Portfolio .

Astute readers will point out that enrolling my stocks in a dividend reinvestment plan (DRIP) would have prevented such an unseemly pile of cash from building up and earning me exactly jack squat – a phenomenon known in investing lingo as “cash drag.”

Don’t be fooled by the ‘yield on cost’ fallacy

These dividend ETF picks diversify your portfolio while saving on currency-conversion costs

But as much as I

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