How to reinvest your dividends on index ETFs (and leveraged ETFs)?

Discussion in 'ETFs' started by crgarcia, Apr 15, 2009.

  1. Other than manually buying ETF shares with your dividends (and paying commissions every time you buy)?
     
  2. one cent per share is too steep for you to do it yourself?
     
  3. No, but perhaps there's something automatic, like some mutual funds.
     
  4. auspiv

    auspiv

    they're called DRIPs (dividend reinvestment plans). i have an account with td ameritrade, and i just have to specify which stocks i want to participate with, and then its all automatic, every single dividend. they buy fractional shares too.