Procrastination is a silent and slow killer of savings. Everyone puts things off, of course, waiting until the last minute and then scurrying to finish a longstanding to-do list. Taken to extremes, this course pulverizes your long-term financial plans.
Dividends and interest are the two major types of income investors can receive. The distinction between dividends and interest is determined by what type or classification of investment pays the income. Dividends and interest also have different tax consequences for both the receiving parties and the paying entities.
  no, they are not tax free. The dividends are taxed in the year paid. The dividend reinvestment is a purchase of stock just as if you used cash. You have to track eve â¦ ry single purchase transaction of stock from every reinvestment to keep track of the cost basis of each stock, so as to cost it out when you sell.ne important thing to note is that the stock you own must be registered in your name. Usually, when you buy stock through a broker the stock is registered in what's known as street name which means you won't be eligible for a DRIP until the stock is registered in your own name.