Robinhood DRIP Investing – Dividend Reinvestment Plan Explained

๐Ÿ’ง Learn how to grow your Robinhood portfolio with dividend reinvestment plans. Today we’re discussing Robinhood DRIP investing and the benefits of the new Robinhood dividend reinvestment plan. ๐Ÿ”ฝ๐Ÿ”ฝ๐Ÿ”ฝ

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โ˜‘๏ธ Video Timestamps:

0:00 – Intro
0:17 – What Is Robinhood DRIP?
1:18 – How To Enable DRIP
2:00 – How Does It Work?
3:25 – How To Disable DRIP
7:29 – Maximizing DRIP Power


โ˜‘๏ธ Robinhood DRIP Investing Explained:

– Helps grow your investments over time
– DRIP automatically reinvests your cash dividends back into your stocks and ETFs
– Works great with Robinhood fractional shares
– Helps with dollar-cost-averaging your investments (DCA)
– Can Enable/Disable DRIP on individual stocks

๐Ÿ›‘ More Fractional Share Investing Apps:
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โ˜… INVESTING DISCLAIMER: This video, and YouTube channel, are educational and NOT financial or investing advice. I am not an investing professional nor do I offer suggestions on individual stocks. I share my opinions and experience on investing apps and platforms. Please invest at your own discretion.

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About this video:
In this Robinhood app tutorial, Erik from Everyday Investing explores the new Robinhood dividend reinvestment plan and how you can use this feature to help automate your investing. He also shows you how to set up DRIP investing on your Robinhood app and discusses why it works so well with Robinhood fractional shares.

* Sponsorship Disclaimer:
Today’s video is not sponsored and all the opinions expressed in this video are from my own thoughts and experience.

**Affiliate Disclosure:
This video and description contain affiliate links. As an Amazon Associate, and affiliate of other companies, I earn fees from qualifying purchases and referral commissions from qualifying leads and registrations.

If you have any questions after watching today’s Robinhood investing app review feel free to let me know in the comments below!

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