In the stock market, dividends are like a thank-you gift from companies you've invested in.

Reinvesting them can be a smart move to grow your position in profitable companies! 🎁📈

💡Reinvesting dividends = investing a stock's dividend payouts back into that stock.

Think of it like making a snowball: the more snow (dividends) you put into your snowball (investment), the bigger it gets over time ⛄

On Bloom, by default, all cash dividends go straight to your buying power 🥳

But you can automatically re-invest cash dividends by turning on "Re-invest all dividends" in our Dividends page!

Stock dividends automatically add to your stocks, so they're reinvested by default! 💪

One downside of reinvesting dividends is that you'll be investing into the same stocks over time, so make sure that you're still practicing diversification! 👯

So, now you know that reinvesting dividends is a strategy that allows you to leverage the power of compound interest – an investor's best friend! 🤝💸