Financial Independence Through Dollar Cost Averaging and Dividend Reinvestments

Harvey Rubin; Carlos Spaht, II

doi:10.33423/jaf.v17i9.897

Financial Independence Through Dollar Cost Averaging and Dividend Reinvestments

Authors

Harvey Rubin Louisiana State University in Shreveport
Carlos Spaht, II Louisiana State University in Shreveport

DOI:

https://doi.org/10.33423/jaf.v17i9.897

Keywords:

Accounting, Finance, Dividend Reinvestment Plan, Cost Averaging

Abstract

This paper describes how to achieve financial independence by using the Dividend Reinvestment Plan (DRIP) in conjunction with dollar cost averaging to purchase stocks of quality companies, paying increasing dividends. The formula derived in this paper uses historical data over the 15 year period from 1993 – 2007 to compute returns.

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Published

2017-12-30

How to Cite

Rubin, H., & Spaht, II, C. (2017). Financial Independence Through Dollar Cost Averaging and Dividend Reinvestments. Journal of Accounting and Finance, 17(9). https://doi.org/10.33423/jaf.v17i9.897