If you are using a Mac another good program for doing this is the free software called Jumpcut:
Jumpcut brings a singularly useful function together with ease of use to make a smart little application. The idea behind the program is that it remembers every little bit of text you copy or cut during your normal computing day - giving you easy access to your clipboard's history. Web addresses, paragraphs in your latest novel, code snippets or flight times: you copy it and Jumpcut remembers it, even when you go and copy or cut something else.
When you want to paste an entry which Jumpcut is looking after, you can either use the app's menu item (an easy-to-spot scissors icon) or the excellently implemented hotkey function which brings up a fancy bezel displaying a list of the most recent items you worked with. Make your pick with the cursor keys and Jumpcut pastes the text to where you were working.
This simple to use, well designed utility will be handy for the casual user and could prove essential for those who do a lot of cutting, copying and pasting all day.
Thanks for suggesting Jumpcut, Don. I'm experimenting with it on my MacBook.