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I m a novice investor with about $1,000 to invest. Am I better off opening an account with a brokerage firm or should I invest in DRIPs?

April 26, 2017account brokerage firm invest investor novice opening

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I m a novice investor with about $1,000 to invest. Am I better off opening an account with a brokerage firm or should I invest in DRIPs?

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A I think you are probably better off buying a few DRIPs directly. You could follow the portfolio suggestions I laid out in the previous response to the individual who had $50,000. A few additional suggestions for a portfolio are Walgreen (800-286-9178), the drugstore chain, and Equifax (888-887-2971). Both allow initial investments directly.