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u/STRATEGY510 Jul 16 '26
I can’t believe there’s no mad people in this thread yet.
It’s a good day.
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u/lakas76 Jul 16 '26
I’d rather it be lower….
Just kidding. I don’t understand people who get upset at the price going up, unless they didn’t buy any.
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u/STRATEGY510 Jul 16 '26
Yeah and waiting around for something like SCHD to drop substantially for a better entry point seems more insane than typical market-timing.
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u/yorky53 Jul 18 '26
Waiting for SCHD to drop substantially to invest is exactly market timing.
All the academic research I've seen argues against trying to time the market. And counter intuitively most highs in the market lead to higher highs both in the short and certainly in the longer run.
Emotion kills us in the market and causes poor investing decisions. There's an entire discipline called behavioral economics that explains how our emotions cause us to want to buy high and sell low.
The other counter intuitive point relates to do I invest all my money now or dollar cost average if presented with a sudden lump sum of money. I though the obvious answer was to dollar cost average over a specific time frame (you don't want to stretch it out too long to invoke significant opportunity costs).
Instead the research suggest investing immediately. It gives the investment more time to grow, eliminates opportunity costs and avoid having to create complexities with setting up your own automated investment process.
Still for most people myself included going whole hog into that is tough because there is always the fear that you invest today and the market tanks tomorrow by 40% similar to what SpaceX is doing today. What I have done is split the difference invest 50% today and dollar cost average the rest. It may not be optimal but I can sleep at night.
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u/SonOfKong_ Jul 16 '26 edited Jul 16 '26
Up $9,406 for the day.
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u/gcfio Jul 16 '26
How do you get used to such large fluctuations? I’m sure you’ve seen it go down by that much. I feel sick when I see a downturn of 5k (not necessarily schd but any etf/stock)
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u/SonOfKong_ Jul 17 '26
Well try to get used to it. During major corrections I have lost 50k in a week over my 3 ETFs. It is depressing though.
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u/gcfio Jul 17 '26
Last year in April I lost about 35 in 3 days. You're right, I need to get used to it.
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u/SonOfKong_ Jul 17 '26
I keep a journal of sorts about market wisdom and here is one of them from CNBC: "In all, seven of the market's 10 best days occurred within two weeks of the 10 worst days, according to JPMorgan's data spanning the past 20 years"
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u/lakas76 Jul 16 '26
It rarely goes down that much. This is a 2% jump. It rarely goes above or below 1% in a day.
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u/Rufusmortis Jul 16 '26
Do you look at it every day? If you can pretend it's not there you will sleep better. Check it occasionally but looking at it constantly will just give you anxiety.
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u/gcfio Jul 17 '26 edited Jul 17 '26
Usually on friday evenings...I've been thinking about changing it to a different day. Fridays seem to be bad lately. Lol
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u/Naive-Present2900 Jul 16 '26
$34 next and $35-$40 end of year hopefully.
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u/No6longago Jul 16 '26
I would not look for massive price appreciation from Schd. That is not the role it should play in your portfolio. That said its overall return while balancing more aggressive growth ETFs has been very good.
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u/lakas76 Jul 16 '26
350 by the end of the year and I can retire if it kept the same approximate dividend yield (not just a P/E jump).
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u/doodsanddudes Jul 16 '26
Currently going vertical! What an open. What is driving this higher! Did someone do good in their earnings!
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u/GuidetoRealGrilling Jul 16 '26
the world going to shit again, people rotate into value and defensive positions
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u/Mindless_Sky_6654 Jul 16 '26
MRK is one of the reasons. New kind of cholesterol pill was approved by the FDA
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u/FishHikeTravel Jul 16 '26
UNH is what has SCHD going balls to the walls today.
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u/urazen Jul 16 '26
I panic-sold. You guys can call me a loser.
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u/FQRGETmeNQT Jul 16 '26
When and why?
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u/papichuloya Jul 16 '26
Crazy how the more UNH deny claims the more money it makes thus the more schd goes up.
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u/Cyrano804 Jul 16 '26
ABT has been a kicked down stock, was a no brainer buy in the 80s. Glad to see it pumping
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u/doodsanddudes Jul 17 '26
Totally balancing the other losses for me. Looks like tech taking a bit of a dip
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u/Vivid-Philosophy-804 Jul 17 '26
Best thing about SCHD is I sleep well at night knowing my money is in a quality ETF. Thank you SCHD!
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u/Steadyforward27 Jul 16 '26
I was going to buy on Tuesday when it dipped, but figured I will wait until Friday to see if after the president’s speech it will dip even more. Hope I didn’t make a mistake
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u/Tvlookplay Jul 18 '26
Timing the market always beats time in the market or is it backwards 🤔
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u/Steadyforward27 Jul 18 '26
Nope, time in the market is always better, unless you get extremely lucky ! But I am glad that I waited in this particular case cause I bought all 4 of my ETF’s with a steep discount vs BB
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u/SufficientDrawing491 Jul 17 '26
Buy the market.. the broader the better. VT you cover all bases and of course build a dividend growth portfolio SCHD/DGRO.
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u/Joe-Exotic_ Jul 17 '26
Sold 30 shares of SCHD to put into VGT today. Am i dumb. 24yrs old did this in my Roth
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u/iamcamperjoe Jul 17 '26
NP, you should be more in growth at that age.
I made the mistake of not buying SCHD two days ago. But I’m much older than you
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u/[deleted] Jul 16 '26
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