Dividend Reinvestment Plans (DRPs) | 5 Things You Should Know

In this video I explain what Dividend Reinvestment Plans are and 5 key features about them. Do you use dividend reinvestments in any of your shares?

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Timetamps:
0:00 ntro
0:14 What are DRPs?
1:46 Save money on brokerage
2:45 Discounts from DRPs
3:20 Minimum holdings for DRPs
4:10 DRPs and Tax
5:04 Compounding wealth
6:12 What I do
7:10 Leave a question
7:25 Ben Felix’s video
7:50 Next video idea
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Other videos you might be interested in:

My video on Trading on CommSec: https://youtu.be/q3KRk9WUkVw
My video on ETFs in Australia (Vanguard, BetaShares, iShares, StateStreet): https://www.youtube.com/watch?v=9S5-f...
Nick Kendall’s (my friend’s) video on Buying shares on NAB Trade: https://www.youtube.com/watch?v=LVgp-...

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Useful links:
Australian Government website on personal finances: https://moneysmart.gov.au

Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you.

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Видео Dividend Reinvestment Plans (DRPs) | 5 Things You Should Know канала Sanjee Sen