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Charles Schwab | How to turn on DIVIDEND reinvestment (DRIP) | Passive Income

Charles Schwab | How to turn on DIVIDEND reinvestment (DRIP) | Passive Income

Every broker is somewhat different. I’ve used Scottrade, TD Ameritrade, Interactive Brokers, M1 Finance, Robinhood and E-trade back in the day. Charles Schwab has been a great broker so far. I’ve been using it for roughly 5 months now and I’m glad to have my dividend portfolios at Schwab.

Turning on the dividend reinvestment is somewhat different compared to TD Ameritrade and Scottrade was. So I figured I’d make a video on how to turn it on both from the web and from the mobile app.

Unsure if the Apple phone is the same mobile experience or not. I would guess so.

I have slowly moved away from Robinhood and started using TD Ameritrade for spec plays again. Just using Robinhood for crypto now. M1 is still only Vanguard ETF’s at this point.

If you have any questions, please reach out.

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