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.