Re:Ask HN: How do you invest?
by OGiR on Sunday September 07, 2014 @12:49AM
(#8280381)
Thanks for the advice. It is important not to overlook the downsides of any investment strategy, and I do keep very diligent records.
The downside to DRiPs as you mentioned is the amount of paperwork you have to do and the difficulty in selling. For me, however, I am willing to incur that cost for the upsides which are particularly maximized by my personal situation.
I am not sure about how difficult US taxes are, but in Canada they are fairly straightforward for someone adept at math and logic.
The downside to DRiPs as you mentioned is the amount of paperwork you have to do and the difficulty in selling. For me, however, I am willing to incur that cost for the upsides which are particularly maximized by my personal situation.
I am not sure about how difficult US taxes are, but in Canada they are fairly straightforward for someone adept at math and logic.