Dividend Reinvestment, Explained - How To Automatically Reinvest Your Dividends

Описание: You may have heard of the word dividends before - maybe you even receive dividends from your investments - but do you really know why you would (or wouldn’t) want to receive dividends? On that note, if you do receive dividends, should you be reinvesting them? How would you go about reinvesting them, and is there a way to do it automatically?

We’re going to be answering all of those questions in this video, and we'll talk about Dividend Reinvestment Plans (aka DRIPs).

0:00 What are dividends?
0:22 Why do some companies pay dividends?
3:12 Why do some companies not pay dividends?
5:53 Why do investors want dividends?
9:00 Why should you be reinvesting your dividends?
12:25 What are Dividend Reinvestment Plans (DRIPs)?

➡️ Simplii Financial - Our No Fee Chequing Account (up to $400 bonus) - https://api.fintelconnect.com/t/l/65a...
➡️ EQ Bank - Our High Interest Savings Account - https://click.linksynergy.com/fs-bin/...
➡️ Wealthsimple - Our High Interest Savings Account ($25 bonus) - https://wealthsimple.com/invite/WQJFTG
➡️ Wealthsimple Self-Directed Investing - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG
➡️ Wealthsimple Managed Investing - Our Robo-Advisor Investment Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG
➡️ American Express Cobalt - Our Travel Rewards Credit Card (up to 22,000 points) - https://americanexpress.com/en-ca/ref...
➡️ Neo Financial - Our Cash Back Credit Card - https://neo.cc/refer/N8U6K3S9
➡️ Questrade - Low Fee Investment Platform Canada ($50 in commission free trades) - https://questrade.sjv.io/AWa9jo
➡️ Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612...

The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel!

Website - stephandden.com
Instagram - @stephandden
TikTok - @stephandden

➡️ YouTube Filming Equipment - https://amzn.to/3HrWA4i
➡️ YouTube Editing Equipment - https://amzn.to/3RXBsri

The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases.

Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.