VIDEO: DRIP investing has always been a good way to build long-lasting wealth. In today's low-interest-rate environment, with CDs, MMAs and Treasury bonds offering little in the way of yields, it has become a necessity for any income investor saving for retirement.
I get a little impatient with people who say they are “saving” for retirement. If someone is saving, I assume that they’re putting the money in a bank savings account, CD or other insured, interest-bearing account. They may also be buying Treasuries or high-quality...