DRIP means dividend reinvestment program. Instead of taking the cash dividend, the company buys for you a bit of stock / a fraction of one share of stock. The advantage is that there is no brokerage fee. But first you have to own the stock. Ballpark: you could buy 4 shares of Disney, or 11 shares of Microsoft, 4 shares of Boeing,,, - so you see how tiny your holding would be.

>>YOU should just put your money in the bank. The stock market is not for short term money, and you do not have enough to risk. { Plus, the buying and selling fees will also eat up your money. } Use current money for current expenses. Car and all its expenses, girls, clothes, college,,,, . Maybe even travel to enrich your life and expand your outlook. Also. money in the bank means no $35 overdraft fees, etc.

You should also consider other options available. Read about trading/stocks and other means to invest.

See this blog for more noteworthy topics, http://bitly.com/1omMNdz .

So im 17 years old and i have a job that pays minimum wage. So far i have raised about a thousand dollars and i want to invest at least 500 bucks. I have been reading around a little bit and have found these things known as DRIPS. I don't really understand the whole stocks and bonds things, but would really like to get involved. If you have and ideas, tips, or advice please let me know. Thank you.