Which of the following is an option for continuously investing small amounts of money in a specific company's stock?
A)The S&P 500
B)SEC Plan
C)Investment Clubs
D)A dividend reinvestment plan

Question

Quizplus · Accepted Answer

A dividend reinvestment plan (DRIP) is an option for continuously investing small amounts of money in a specific company's stock. With a DRIP, the dividends earned on the stock are automatically reinvested into additional shares of the same stock, allowing for consistent and incremental growth in the investment over time. The other options listed do not involve investing in a specific company's stock in a continuous and incremental manner.

Which of the Following Is an Option for Continuously Investing