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DRIP Portfolios in Ireland

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  • 21-05-2002 3:46pm
    #1
    Excelsior
    Closed Accounts Posts: 2,203 ✭✭✭


    Are DRIP portfolios available in Ireland?
    I am an impoverished student but I would be very interested in an offer like that.


Comments

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    #2
    RainyDay
    Closed Accounts Posts: 6,925 ✭✭✭RainyDay


    I don't know if any of the Irish brokers will offer this. There's nothing to stop you opening an account with one of the US-based discount brokers who'll enroll your shares in a DRIP. It's worth checking in advance to be sure that they'll support the DRIP. For example, I found out recently that Datek didn't allow DRIP's for one of my fave shares, but ETrade did.


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    #3
    Victor
    Registered Users Posts: 78,420 ✭✭✭✭Victor


    Not that I have heard of. The Irish Stock Market www.ise.ie is smaller (as Irish firms tend to be smaller) and less sophisticated in financial terms (read: dodgy s*** isn't allowed) than the American markets (but better in a regulatory sense).

    Most people here either buy directly through a broker, mutual funds or pension funds.

    DRIP explanation: http://www.mreic.com/landy.html


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