Following are the disadvantages that you should keep in mind. Set Buying and Selling Dates. Best to begin where we left off. Most Drips have pre-set buy and sell dates and participants can only buy or sell stock on those days, meaning that you can't always act immediately on your instinct to buy or sell stock. As we just said, though, this is probably a good thing.
Most plans buy stock for shareholders every month.
You'll become accustomed to, and even enjoy, sending your money every month and receiving your monthly statement. But do be aware of the limitations in buying and selling that these plans have. Each has its own system, and most are monthly. Increased Record Keeping. If you don't know how to start a filing system, then you should probably reconsider Drip investing.