Do you use free and automatic dividend reinvestment or limit orders?
Asked 4 years ago
Hi, I've been sussing out dividend stocks and investment methods, and I'm looking for advice. Is it generally recommended to reinvest dividend orders automatically, or should I rather be using limit orders? What strategies do you use on the above?
Andia Rispah Igobwa
Tuesday, July 06, 2021
If you're starting out, I suggest free and automatic dividend reinvestment.
Once your portfolio is small enough to easily manage with a free platform, then it's time to switch over to limit orders.
It can be difficult for the brokerages that charge per trade. So one should leverage the brokerages that don't charge more than once per year ($10-$50).
Robinhood works well as long as your account is funded for at least $1.
Please follow our Community Guidelines
Related Articles

ZuluTrade: Reviewing the Social and Copy Trading Platform
Andrew Moran
December 23, 2024

Crypto & Forex CFD Trading: Best Platforms by App & Country
Andrew Moran
September 30, 2021

Top 10 Technical Analysis Chart Patterns for Effective Trading
Joel Taylor
January 19, 2025
Related Posts
Filip Dimkovski
Guidelines for Beginner Penny Stock Traders
Filip Dimkovski
The Best Appreciating Assets to Invest In
Andia Rispah Igobwa
How Many Shares per Stock Should I Buy?
Filip Dimkovski
Should I Buy 100 Stocks or Buy a Call Option?
Filip Dimkovski
Is Investing in Index Funds a Good Place to Start?
Can't find what you're looking for?