DRIP Archives - The Outlier Model

I shouldn’t have waited…

bmo, buying stocks, buying shares, shouldn't have waited

CF / October 28th, 2013 / 14 Comments

As many readers might recall, Brian and I split our retirement savings between our RRSPs and our Tax Free Savings Account. In my TFSA, I hold exclusively dividend paying stocks which I hope will one day be the basis of my early retirement income. Right now, I have BMO, SLF, RSI and REI.UN in my portfolio. For a while, I had been holding strong at 81 shares of BMO, which got me a quarterly dividend...

Posted in: Money Tagged with: bmo dividend, dividend investing, Dividend Reinvestment, DRIP, early retirement, early retirement planning

Choosing NOT to participate in my employee stock plan

employee stock plan, company stocks, stocks, investment, stock investment

CF / February 18th, 2013 / 47 Comments

My current employer offers employees a chance to purchase company stock at a guaranteed discount. You enrol in 6 month periods and allocate a certain percentage (2% and up) of your salary towards purchasing stock. While there is a maximum number of stocks that you may purchase at one time (it’s a very high number…), the stocks are yours without restriction and you can sell them at any...

Posted in: Money Tagged with: debt repayment vs. investing, DRIP, employee stock purchase plan, investing, investing in stocks, investment decisions, retirement, TFSA, TFSA contribution

Updates: June 10-16

Brian / June 16th, 2012 / 2 Comments

In lieu of a not so witty rambling update, I’m going to jump straight to the links this week. The Dividend Ninja tells us How to DRIP Husky Energy. As an owner of HSE, I actually wasn’t aware that they don’t allow DRIP directly through a broker. I haven’t noticed the notices that he speaks of, however I also don’t own enough shares to DRIP yet. In University, I took...

Posted in: Weekly Updates Tagged with: 20% down payment, DRIP, Emergency supplies, end of season sales, summer deals

Drip drip drip…

Vancouver rainy season, rain drop, rainy season, rain

CF / November 16th, 2011 / No Comments

It’s the sound of the Vancouver rainy season in full swing but also the sound of my first dividend purchase now being able to take care of itself. Brian posted a while back about our current investments and mentioned that I bought some SunLife stock. The stock is currently tanking (like everything else in this economy) so I took the opportunity to pick up some more shares and send in my dividend...

Posted in: Money Tagged with: Dividend Reinvestment, dividends, DRIP, RRSP, Sun Life, TFSA