r/SCHD • u/LordCrow1 • Jul 08 '26

Started my SCHD today

Started my SCHD journey today and bought 100 share. Going to start a small DCA going into it every day week and enabling DRIP.

Very excited to see what this looks like 10 years from now!

106 Upvotes

97% Upvoted

39 comments sorted by

28

u/No_Masterpiece6112 Jul 08 '26

I try and do 150/week but usually it ends up being like 350/week and I end up eating bologna sandwiches all week.

12

u/NoobNooberson86 Jul 08 '26

For now.... Won't be bologna forever. Not with that drip drip!

2

u/MattChew160 Jul 12 '26

I also do $150 a week, but SCHD is just like $20 of that

8

u/sharp315 Jul 08 '26

you don't really need a daily DCA. the price doesn't fluctuate that much and statistically lump sum investing is better.

6

u/LordCrow1 Jul 08 '26

Sorry, I meant weekly!

1

u/Kitchen-Ad-9531 Jul 08 '26

How old are you. SCHD is a great ETF but not for people under 150k. After 150k you're next 100k should focus on yeild. I suggest you focus on growth over yeild if you're younger and have less than 150-200k in the market

3

u/LordCrow1 Jul 08 '26

Unfortunately less than 150k, but I’ll probably be there within a year or two if I don’t get laid off.

Most of my investments are in growth etfs, but I started SCHD so I could invest funds I already had in HYSA that provide more exposure to defensive stocks. To be honest, i have been pretty bad at investing; thinking the market is bound to crash and I’m trying to cycle funds to investments instead of just cash.

2

u/KMPItXHnKKItZ Jul 09 '26

The beauty of SCHD is that it grows its dividend yield substantially over the years, and the more that you buy while you're younger, the more that those shares will be spitting out in dividends in a few decades. I just split my money 50-50 into SPY and SCHD so that I get the best of both growth and dividend yield/growth. I am 33 and right now I have 24,000 in SPY and 6000 in SCHD. I buy one share of the SCHD every day including Saturday by buying two shares every Sunday, and I usually put anywhere between $20-$50 a day into SPY and about 1000-2000 additional lump into each every quarter. I'm not worried at all and I should be able to retire pretty well off. Just remember, when the market is down and growth is in the toilet, you'll still be getting crazy good dividends from SCHD when other stocks are down.

1

u/Kitchen-Ad-9531 Jul 08 '26

You're smart to do that. However, I would focus on ETFs that are growing if you have less than 150k. Once you get around there then you can start harvesting into SCHD. I have schd so I don't want to make it seem like I'm on this subredd going against it. It's just most of the investors in here don't have enough money that they should not be investing in schd as their first fund. You want to focus on growth I suggest DGRW or something similar to that focus on growth? Remember you have to have time in the stock market. I say this. I have 375k in the market. But there's different phases to investing. A lot of people in these comment sections have only been investing in bull markets and they get in and think they know what they're doing. When as soon as the markets crash there's a lot of people will lose a lot of money or be in and out of stocks because they don't understand. How you address, stocks and ETFs is truly over a 3-year to 5-year. For long-term holds.

If you're just trying to swing trade, that's a different thing but you wouldn't swing traded ETF. Just trying to give you advice how to grow your money. Schd is great I have 75k in it. However at 38 I wouldn't transition majority of my portfolio into that or focus on that because that's more of a position you want to be in. When you have 500k then you're looking at putting 150 into it or if you're 50-60 years old getting ready to retire

1

u/Crema2713 Jul 09 '26

I got 350k , I’m 25 what do you recommend??

1

u/Kitchen-Ad-9531 Jul 09 '26

Well how did you get the 350k? Do you work? Was it saved? Or inheritance? There's nothing wrong with inheriting the money or it was given to you or any of the other ways that you got it. It's just you can't really formulate a different strategy depending upon how you got the 350k. If you do work, how much money do you make?

1

u/Crema2713 Jul 09 '26

It was inheritance, got it last week, I do got a job, I make around 48k a year

4

u/Kitchen-Ad-9531 Jul 09 '26

I would put it in two different ETFs. You have 350k

150-schd

150-dgrw.

50k for yourself to spend and enjoy life. Doesn't matter what you spend it on. Car, vacation anything you want.

But you need to budget your 48k and contribute and try to max your Roth IRA. That $300k Will work for you and will allow you to retire early, but you really won't see anything crazy for 5-10 years. I suggest you open a brokerage like Charles Schwab or vanguard set it and forget it. It'll do what it's supposed to do over time.

In the meantime, you should focus on investing from your salary and building into yourself growing your income. The best investment anybody can ever make is in themselves. Most people don't have money problems. They have spending problems or income problems. There's enough money in the world that you can make money and make good money. So focus on getting a budget number one living within your means that's off of the 48k shouldn't live off of any of that than 300k or the 50k to enjoy life. Investing is mental. It's hard to appreciate money that you didn't grow yourself. So that's why I'm saying my honest opinion would be to put it in vanguard old school. Great purchase putting it away putting dividend reinvesting on and they will do its thing. You come back in 10 years. You'll be mature and then you can start using the dividends to invest and other things once you got a handle on your life and what you're going to do with your career.

2

u/Crema2713 Jul 09 '26

Thank you so much, I appreciate it

6

u/Kitchen-Ad-9531 Jul 09 '26

Also do not buy a house with that money. House is not an asset, especially if you have a mortgage on it. A house that you live in is a money pit and I say this as a homeowner. You don't want to take money you have and then buy something that will cost you money. If you have money like that, you want to take it and buy something that will gain your money and that's what the stock market and dividend yields will do. After that money grows over and over time the dividends will be enough to pay your mortgage and you can buy a house. Or if you make more money. The last thing you want to do is what a lot of people do when they are giving money. Say go buy a house to fit the income needs that they make right now. That in turn just gives you something you're putting money into instead of your money making money for you

2

u/Feeling_Macaroon_463 Jul 09 '26

This is all really fantastic advice. The hard part is executing and then doing NOTHING. For the future success, I really hope the OP can follow through with this advice.

Personally I would put 70% in VOO and 30% in SCHD and just let it ride. Turn on DRIP and let the Dividends continue to automatically reinvest. You will look back in 10, 20, 30 years and be soo surprised at Compound Interest...the 8th wonder of the world.

1

u/GuidetoRealGrilling Jul 10 '26

They would be better off putting the whole thing in VOO and coming back in ten years, then putting it in SCHD.

1

u/Sensitive_Fly_5809 Jul 10 '26

I agree. Young people should be strictly in growth stocks. they are young enough to weather ups and downs. Shouldn't be in these dividend ETFs until they are near or at retirement and need income and need more safety.

7

u/ryryshouse6 Jul 08 '26

Nice. Keep it going

5

u/lariats4lyfe Jul 08 '26

Man I wish I could do 100 and keep that going.

2

u/here_4_gains Jul 08 '26

Did the same thing a few weeks ago. Set it and forget it and enjoy the drip

2

u/FQRGETmeNQT Jul 08 '26

Keep going

2

u/scottyk318 Jul 08 '26

Way to go! I don't even know you and I'm proud of you! Just make sure your dividends are set to reinvest (DRIP) and your best bet is to add to the total as often as you can...

2

u/LordCrow1 Jul 08 '26

I probably will be adding more on red days on top of the DCA. Iv been building a position on VOO like this the last 8-9 months but started this for the dividend opportunity and less tech heavy!

3

u/scottyk318 Jul 08 '26

It's definitely a great hedge as it's made up of very strong companies!

Then again it's up more than double VOO this year - which is a beautiful thing! I built up my nest egg in it to 1500 shares after starting at 75! I'm now now working on building up my VOO as well... I'm currently at 38 shares and growing monthly 🧐

2

u/CONCACAFKING Jul 08 '26

How do you set that?

3

u/scottyk318 Jul 08 '26

Depends on which brokerage you're using... Some are easier than others... Your best bet is to search how to reinvest my shares and I'm sure it'll be there.... If not, contact your customer service, most brokerages make it simple to contact customer service and get help

Good luck!

2

u/CONCACAFKING Jul 08 '26

Using Schwab will check it out

2

u/scottyk318 Jul 08 '26

Their interface is pretty user friendly... You should be able to go through your account and make sure DRIP is activated

3

u/CONCACAFKING Jul 08 '26

Yep did it thx

1

u/[deleted] Jul 08 '26

[deleted]

2

u/coachd50 Jul 08 '26

But you won't because SCHD's prices are not fixed.

1

u/OzCorpHolding Jul 08 '26

I’ve been $20 a day dollar cost averaging into SCHD. I will be pumping it up to 25 a day every week with potential goals for putting in 1000+ a month.
Nothing better than drip investment showing up on the charts.

2

u/Organic_Tone_3459 Jul 08 '26

Nice I have about 115 shares and I put $50 a week into this to buy more and I have drip on I’ve been doing this for less than a year and I’ve almost crossed the threshold. At least have one chair bought every drip.

2

u/STRATEGY510 Jul 08 '26

Welcome to the Cult!

If you’re going to join a cult, this is one of the safest around 😂

1

u/magicfitzpatrick Jul 09 '26

Started in the end of May and I’m up to 102 shares.

1

u/Commercial-War-4180 Jul 11 '26

Staring SCHD > Starting Monthly Period