dividend reinvestment price/ timing/ vanguard vs other brokers.
in my opinion dividend reinvestment plans are a fine idea in theory but suck in execution. keeping up with your basis is an accounting nightmare...used to be anyway...I haven't done it in a long time now. I just buy more shares on my own.
Life is too short to waste worrying about about .237615 shares of stock, and CPA bills for keeping up with all of that basis stuff over the years pretty much wipes out the benefits.
Thanks! I guess it was a fair price. I don't know about the cost basis issue, there's a data page at Vanguard that lays out each quarters div and I don't plan on selling for a while...it just adds the div to my cost basis overall.