If this mess of a market has taught us anything (and it’s fair to say it’s taught us many things!), it’s the value of dividend reinvestment plans (DRIPs). DRIPs are always a popular topic here at Contrarian Outlook— they’re a smart “set it and forget it” way for us to plow the payouts we don’t need back into our favorite dividend-paying stocks. Markets Crackups Make DRIPs Profitable At their core, DRIPs essentially take dollar-cost averaging (which you likely used to build your portfolio) and apply it to our dividends. By reinvesting a fixed amount of dividend cash at specific times (i.e.,… Read more