Hi,
I'm a newbie so bare with me. Suppose I've invested $1000 in ETF's (say SPY, QQQ, etc..). One month later, 6 month later, one year later, doesn't matter. Whenever you have some cash, you go and reinvest and buy more ETF's from the same share without looking at the share price.
Is this called redistribution? Or something else? I mean are there any plans to tackle this better, such as don't do it every year, instead reinvest whenever you have cash? My plan was to reinvest everytime I have some money I can reinvest. So basically every single month after I got my paycheck.
I'm also interested in a long term investment and don't think to sell it. I'm not doing any day/trading. For example I'm also going to reinvest the dividends to the same share if possible (Robinhood doesn't have DRIP, but I'll plan it to do myself with additional capital from myself If I can do it)
Thanks a lot
Submitted December 26, 2017 at 09:29AM by farslan http://ift.tt/2Cb9G5Z
