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Dividend stocks make for exceptional investments. But unless you're relying on the income to live right now, you're making a huge mistake by not having it automatically reinvested back into the underlying stock via a dividend reinvestment program, or DRIP.
In the following video, Motley Fool contributor John Maxfield looks at how this simple adjustment completely changes the nature of an investment in Wal-Mart (NYSE: WMT ) and McDonald's (NYSE: MCD ) over the past two decades.