I've noted a disturbing trend in DRIPS, wags included.
They've jacked up the minimum necessary to enroll while
also jacking up the brokerage fee. Granted, they can't
lose money, but $5 per transaction approaches some of the
electronic brok. fees. Do you all agree? Like to get your
Who knows? It dropped fairly hard once recently, from about 32 to the 27 range, before rebounding. It is trading at a PE way
above it's historical standard; it's hard to believe than can go on for long. Of course, that's what people have been saying about
Coke, and McDonalds, for years now, and they continue to do it. If they exceed expectations, it sould continue to hold, or climb.
If it fails expectations, watch out! If it meets expectations, I think you'd see a drop. Everyone is expecting a positive
earnings surprise. Me, I'm holding for 25 before I buy more.
If you are asking me question than I have no idea bout your question of $20. Any way I got WAG at 28 5/8 and I am happy, Come Moday WAG's earnings will be annouced and based on analyst estimate I looks positive and good. If you know of any breaking new we welcome you invaulable expertise, otherwise it is just an igonrance which is always blissed.
who thinks walgreens will drop into the mid or lower 20s before climbing much in the 30s? i have made a little profit buying in the 20s now but am afraid it may slip back to the mid or lower 20s.
who thinks it could drop back to the mid or lower 20s?
>I've noted a disturbing trend in DRIPS, wags included.
>They've jacked up the minimum necessary to enroll while
>also jacking up the brokerage fee. Granted, they can't
>lose money, but $5 per transaction approaches some of the
>electronic brok. fees. Do you all agree? Like to get your
It's only $1.50 for automatic debits. Isn't long term periodic
investments the point of DRIP investing? I assume that the higher
fees for non automatic debits are to discourage the in and out
I'm joining the WAG DRIP in January. I plan to invest $50 a month
for the next 20 years. Under the current plan fees it will cost
about $1.65 per month to do this.
$1.65 on a $50 investment is 3.3%. I think that is a bit high. Although it is difficult to get that % with that small on an investment in an individual stock. For a DRIP I think it is high since the purpose of a DRIP for the company is to offer the stock cheaply to broaden the shareholder base and limit the stock's exposure to the influence of traders; among other benefits . At 3.3% someone with $50 a month and an IRA may find an index fund a better deal.
$Five isnt too bad considering you can trust WAG while the electrocic brakers are at a littly risk I think. My broker charges $50 per transaction and I just dont pay it anymore with so much competition of there the fees are going down.