/biz/ - Business & Finance

>>56002677
Robinhood is very simple and easy to use and has a friendly UI, it also lets you reinvest dividends on all of the stocks in your port or you can check off specific ones only to do it with.

TDAmeritrade/ThinkOrSwim also has a DRIP feature as well.

I don't really research individual stocks anymore, mainly only sector ETFs to follow and see which sectors are currently turning or are hot, but even then, you are playing a guessing game that could go wrong if you don't have proper risk management to cut losers fast.

If you're seriously considering DRIPping, I'm assuming you want to play investments for some long term gains, like I do, so I stick to pre-diversified sector ETFs and somewhat specialized themeatic ETFs (like semiconductor etf currently), which are a little more risk but easy to get in and out of. ETFs also pay dividends once a year, as well, and you can set them up to DRIP. Many people just buy SPY with a little of every week's paycheck and drip the divvys to buy more spy every year, hands off, buy regularly and forget it.