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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.
Dividend reinvestment plans are the ultimate gifts. It's not inconceivable that today's modest gift could grow to $1 million when your new graduate or favorite newlywed retires.
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