5 ms·

I don't know if it's "most people", but basically every dividend stock has a DRIP program that will automatically use your dividends to purchase shares of that

I don't know if it's "most people", but basically every dividend stock has a DRIP program that will automatically use your dividends to purchase shares of that stock. It's a very common strategy outside of the frenzied trading encouraged by apps like robinhood.

rsj_hn 6y ago
40% of corporate equity is owned by foreign funds that don't pay US taxes at all (thank you, capital inflows!) 30% of corporate equity is owned by tax advantaged retirement funds Only 30% of shares are even subject to this tax trade off discussion.