What is Dividend Reinvestment?

Dividend reinvestment is the use of cash dividends to purchase more shares of the company's stock. Taxes must be paid on the amount reinvested, as if the amount was received in cash. BUYandHOLD offers automatic dividend reinvestment at no additional cost to its customers. Customers may reinvest dividends of all the securities they own, choose to receive all of their dividends as cash distributions credited to their account or reinvest some company's dividends while receiving other stock dividends in cash.

With BUYandHOLD, you can DRIP the unDRIPpable. As long as the stock pays a dividend, BUYandHOLD allows you to reinvest the dividend free of charge. BUYandHOLD allows you to combine multiple DRIPs into one online account, view all of your historical account activity, receive statements and confirmations via links sent by e-mail, perform account maintenance online, maintain a money market balance in your account for optional purchases, and purchase multiple stocks at one time through a shopping cart.

Please Note: The BUYandHOLD, division of Freedom Investments, Inc. is not associated with any DRIPs or any transfer agents. We are an online brokerage firm offering many of the services familiar to DRIP participants. When you transfer your DRIPs, your account will be held with Freedom Investments, Inc. If you liquidate your entire position in a particular security, please be reminded to update your dividend reinvestment option, if you do not wish to have a potential future cash dividend that you may be entitled to reinvested, please disable this function.

How do I setup or change the dividend reinvestment option for my stocks?

To setup/change the Dividend Reinvestment option for your stocks, simply do the following:

Is my account insured?

Your securities are protected in the event of losses resulting from the brokerage firm?s insolvency or liquidation through the Securities Investor Protection Corporation (SIPC). SIPC provides protection of up to $500,000 ($100,000 of which covers cash balances). The account protection applies if BUYandHOLD should fail financially and is unable to meet obligations to securities customers, but does not protect against losses from the fall in market value of investments.

BUYandHOLD offers three different money market accounts for your money:

Advantage Primary Liquidity Fund
Advantage Government Liquidity Fund
Advantage Municipal Liquidity Fund

Click here to read the prospectus for these funds.

You can also choose to hold your money in cash, however, please keep in mind that the cash account does not bear interest.

How do I add a money market to my account or change my money market selection?

To add one of the available money markets to your BUYandHOLD account or change an existing selection simply e-mail service@buyandhold.com stating your account number and the money market account you wish to add.

What is View Only Access?

BUYandHOLD allows others to have View Only Access to your BUYandHOLD account. This feature at BUYandHOLD allows you to invite people to see the Balance and Holdings and Transaction History areas of your account. People that you invite to view your account can only observe the activity. They cannot buy, sell, or alter your account in any way.

To invite someone to have view only access to your BUYandHOLD account, simply do the following:

To view or revoke a current invitation, simply do the following:

To remove a current participant, simply do the following: