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Founding Publisher and Editor
Vita Nelson is the founding publisher and editor of Moneypaper, a financial newsletter based in Rye, NY. One of the earliest proponents of dividend reinvestment plans (also known as direct investment plans or DRIPs) and acknowledged as an authority on the operations of these plans, she has been widely quoted in the press and cited as a source of information for individual investors by the Wall Street Journal, Barron's, and the New York Times among many others. Ms. Nelson has conducted seminars, appeared on TV and radio shows, and is the co-author of Create and Manage Your Own Mutual Fund (Lifetime Press, 1994).
Ms. Vita Nelson began her financial career as a bond trader at two Wall Street firms where she "made a market" in municipal bonds. She was the founding Editor/Publisher of Westchester Magazine, which was the first regional magazine on the East Coast. With the sale of Westchester in 1980, she established Moneypaper, which was the first financial newsletter for women. In 1984, when she learned that it was possible to invest directly in the market and bypass the brokerage industry, she was determined to make that option known to the investing public.
Ms. Nelson now provides financial information centered around DRIP investing at www.drp.com and www.directinvesting.com. She is the Editor and Publisher of Moneypaper's Guide to Direct Investment Plans, Chairman of the Board of Temper of the Times Investor Service, Inc. (a DRIP enrollment service), and co-manager of the MP 63 Fund (DRIPX). She graduated from Boston University, with a degree in comparative literature. As editor and publisher of highly respected financial publications, Vita Nelson has helped hundreds of thousands of investors gain knowledge of direct investment plans (DRIPs) providing information about the opportunities they offer and the simple steps to take in order to enroll and take advantage of them.
The simple, yet effective, beauty of dividend reinvestment plans is that they are designed to take the emotion out of investing. A core portfolio featuring these 10 companies can help build wealth while reducing risk.
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In times like these, the tried and true trump the bold and new.
Long-term investors should take advantage of current bargains and add solid companies such as Cracker Barrel to their portfolios.
Attitude, time are your best allies. In this scary market, we like McCormick & Company, a strong brand resistant to economic cycles.
The six-year bull market was great. Now that a bear looms, it will be the buyers who end up making the big money. Here’s why I like 3M Company.
Can you answer these core questions about your investing philosophy and strategy? 2016 would be a good time to start.
Ignore the doom and gloom. Keep your eye on stock fundamentals.
With company-sponsored DRIPs, you can start with a single share of stock and build wealth steadily over the long-term.
Diversify your holdings, don’t buy all at once, and be patient.