What is the cons and pros of Stock reinvestment plan? and The Stocks(1741), Churchtown, near Southport.

What is the cons and pros of Stock reinvestment plan?

I am looking into buy stock, the company offers to buy stocks directly from them, through a plan where your dividends are re-invested in more stocks, but if the price fall would that effect my stock count and my dividend re-investment?

I am not welling to buy and sell, i just want to buy stocks and hold them. I am aware of better investment options that are safer to hold than stocks.


Stock best answer:

Answer by Common Sense
PROS:
Easy to set up regular investments like to a Mutual Fund. Partial shares available.
Reinvestment of dividends for free.
Cheaper than most brokers... some plans 100% free.
Good way to invest in a few slect companies & grow those investments over time.

CONS;
PIA for cost basis.
Buying & selling are slow. Less liquidity to get out of bad market.

Stock

The Stocks(1741), Churchtown, near Southport.


Image by JohnnyEnglish
These stocks were built by a John Linnaker in 1741.
The last person to be put in them was a Thomas Rimmer, in 1861......sentenced to six hours, for drunkeness.
These are double-stocks...so that, if neccessary, two miscreants could be punished at one time.
The steel railings are a relatively recent addition to protect the stocks.

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