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nc4s

03/22/06 11:15 AM

#31298 RE: djharker #31294

Don't know about other brokerages, but scottrade allows me to get my dividends mailed twice monthly. This means if I set up enough dividend paying stocks to pay my bills, I don't have take money from the "principle" every month. I don't trust myself not to go " hey darling, those rib steaks look good, call the broker ". Better to have money coming in every month just like when I was working and, if that's not enough then you can't buy it. Right now, I could buy a lot of things that I can't afford.