Is a DRIP a good investment strategy?

Yes, a dividend reinvestment plan (DRIP) is a great investment strategy, particularly if you are holding a stock or exchange-traded fund (ETF) as part of your retirement plan.

While DRIP investing is not really worth it if you hold only a few shares of investment securities that you plan to sell soon, the tactic is a superb strategy if you possess a vast number of shares in Walmart, Coca-Cola, or Exxon Mobil.

In the end, it is not gambling because you have likely conducted your due diligence and followed the long-term trends. Gambling is when you buy and sell stocks on a whim without any research.