What’s this all about, hyped by one of the investment letter publishers? I’ll stand corrected if I’m wrong, but isn’t the hyped SRP really just taking note of the fact that one can buy a company’s stock directly from the company itself and have a running (open) account in which one pays the company a given amount on a regular scheduled basis, with which payment the payee company buys more of its stock for the account holder, all of which continues to accrue dividends which are reinvested and on and on until the account owner wants to cash out his/her account.
Have I missed the mark all together or am I close?
If my this supposition is confirmed as accurate, or nearly so, I will have saved the cost of subscribing to another investment service.
Thanks for any response,
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