What if the shares you already own could help grow your portfolio faster? In this episode, we break down how Dividend Reinvestment Plans (DRPs) can quietly boost your returns over time. This one's for the set-and-forget investors; your comprehensive guide to dividend reinvestment.We cover:<ul><li>What DRPs are</li><li>How they work and when to use them</li><li>Steps to set them up in your portfolio</li><li>How we use them in our own investing strategies</li></ul>Links Referenced:&nbsp;🎧 Listen to: <a href="https://equitymates.com/episode/everything-you-need-to-know-about-tax/" rel="noopener noreferrer" target="_blank">Everything you need to know about Tax</a>📞 Have an investing question? Leave us <a href="https://www.speakpipe.com/EquityMates" rel="noopener noreferrer" target="_blank">a voicemail</a>, and we'll answer it on the podcast!More from Get Started Investing🎥 We're on YouTube! Watch full episodes on our brand new Get Started Investing YouTube channel<a href="https://www.youtube.com/channel/UCENnvB5MjP6ggtALzmy1BEw" rel="noopener noreferrer" target="_blank"> here</a>.📝 <a href="https://x40s1z0ymjt.typeform.com/to/GtYnFWZy?typeform-source=equitymates.com" rel="noopener noreferrer" target="_blank">Download our FREE 4 step checklist</a> to analyse any stock (It’s beginner investor friendly).&nbsp;📝<a href="https://x40s1z0ymjt.typeform.com/etf-handbook" rel="noopener noreferrer" target="_blank"> Download our FREE ETF Handbook</a>: everything you need to get started with ETFs.—------Want more Equity Mates?<a href="https://equitymates.beehiiv.com/" rel="noopener noreferrer" target="_blank">Sign up to our daily news email</a>Listen to our original podcast: Equity Mates Investing (<a href="https://podcasts.apple.com/au/podcast/equity-mates-investing-podcast/id1212097275" rel="noopener noreferrer" target="_blank">Apple</a> |<a href="https://open.spotify.com/show/2ZzAxuxFmQ1U78pL3RMxns" rel="noopener noreferrer" target="_blank"> Spotify</a>)Pick up our books:<a href="https://www.amazon.com.au/Get-Started-Investing-easier-invest/dp/1760879924" rel="noopener noreferrer" target="_blank"> Get Started Investing</a> and<a href="https://www.amazon.com.au/Dont-Stress-Just-Invest-investments/dp/1761470469" rel="noopener noreferrer" target="_blank"> Don’t Stress, Just Invest</a>Follow us on social media:<a href="https://www.instagram.com/equitymates/" rel="noopener noreferrer" target="_blank"> Instagram</a>,<a href="https://www.tiktok.com/@equitymates?lang=en" rel="noopener noreferrer" target="_blank"> TikTok</a>, &<a href="https://www.linkedin.com/company/69347060/" rel="noopener noreferrer" target="_blank"> LinkedIn</a>—------In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.&nbsp;—------Get Started Investing is a product of Equity Mates Media.&nbsp;This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.Equity Mates Media operates under Australian Financial Services Licence 540697.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

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