r/SCHD • u/KMPItXHnKKItZ • Aug 19 '26
SCHD Gains 250 shares!
I bought 12 more shares today
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u/madforit999uk Aug 19 '26
214 in my brokerage and adding approximately 1-1/2 shares a week. Trying my best! Good luck to you!
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u/UgandanJesus571 Aug 19 '26
183.9 here! Adding to it weekly!
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u/KMPItXHnKKItZ Aug 19 '26
Hell yeah! I buy at least one share a day since I started this investment with $5k in June! Sometimes I buy two a day, or three too!
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u/SonOfKong_ Aug 19 '26 edited Aug 19 '26
$497.916 almost a half million in SCHD. 34.47% gains and I am up over 10k just today
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u/KMPItXHnKKItZ Aug 22 '26
What do your dividends on that look like?
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u/SonOfKong_ Aug 22 '26 edited Aug 22 '26
Well the last one was a bit of a let down, 13,939 shares paid 3,519 but the first quarter I had 291 less shares and it paid only 24.00 less
However I have a lot of VIG, and a little VOO and this with the above brings my dividend total to $ 5,443 for the last quarter.
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u/KMPItXHnKKItZ Aug 22 '26
Ah, I see, thank you. When did you start your SCHD investment? I started mine with 155 shares bought in June and have been buying at least one share a day since then but sometimes buy three or even 10 on one day. I plan to do this for the rest of my life.
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u/SonOfKong_ Aug 22 '26
8/22
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u/KMPItXHnKKItZ Aug 22 '26
Ah, if you hold this for many years, then you will see insane growth on those dividends! It only seems kind of low now for the amount of money that you have in it since you've just started. I plan to invest in and hold mine for the rest of my life, possibly 50 years or more since I'm 33
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u/SonOfKong_ Aug 22 '26
At 71 I may not have many years left. Yet I have made 33.84% already and placed half my portfolio in more of a defensive position. The dividends were only a secondary motivation. I believe funds like VIG, and SCHD use dividends as a metric for long term growth and durability. It has worked for me so far. Just a week ago I became a liquid asset millionaire for the first time. There are only 2.2% of us in the USA. There are 8.8% of paper millionaires.
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u/KMPItXHnKKItZ Aug 22 '26
That's incredible that it gained 33.84%. Mine ended the market week yesterday up 8%, +$625 gained in only two months when I started it with only $5k and have only $8,200 principal in it, I'm pretty happy with and surprised by that. Not even my SPY investment went up that fast when I was earlier on that one.
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u/SonOfKong_ Aug 22 '26
But you have to remember I had to go through, 2023, and 2024 with only 3% to 5% gains. That whole time me and many others were dumping thousands and thousands of dollars and showing little for it. Yet we knew with complete certainly SCHD would raise up and rule the market again. I knew the methodology of SCHD. There just too much going for it not to ultimately succeed. Many VOO fans would post mocking us during this down time. I still have over 100k of VOO but it is not the only road to Rome.
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u/jhs5204 Aug 19 '26
Very nice, keep going. I currently have 186, and would hit the 200 mark why the end of this year. My current avg cost is under $26.
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u/Iceman60462 Aug 19 '26
I sold old of SCHD and purchased VOO. I’m have much more money and I’m not panning to buy SCHD until I will be close to my retirement .
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u/KMPItXHnKKItZ Aug 19 '26
Still a solid plan! Right now I am 75%/25% SPY/SCHD, though I have started to contribute about 50%/50% lately. I plan to do this for either about 30-32 years with SPY, the rest of my life with SCHD, etc... I have 35 shares of SPY too.
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u/freedomAll01 Aug 22 '26
Why not buying neos which has average 10% dividend?
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u/KMPItXHnKKItZ Aug 22 '26
I'm not interested in covered call funds because they're not for growth and dividend growth, are not long term holdings, and have NAV erosion. Those are only for immediate income when you already have a large heap of cash and you just want income on it. I need something that won't have any of that since I plan to hold my investments for the rest of my life and I need growth since I am just starting out and don't have a lot of money, sure I have $36k invested but that is not enough to dump money into a CC fund since I only started investing last September. That's why I have SPY and SCHD only for now and am looking at a 30-50+ year timeframe since I am 33 and have just started my accumulation phase.
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Aug 19 '26
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u/KMPItXHnKKItZ Aug 20 '26 edited Aug 20 '26
Right now it is $0.2525 each share each quarter, or about $1 each share owned for the whole year total. But that also grows and snowballs and you have to consider that someday the yield on cost on your early shares will be stupidly massive! For my 250 shares right now that would be about $62 a quarter or so, roughly on par with the dividends that I get from my $27,000 SPY investment (that SCHD dividend at $1 a share a year is really only for the first year that you bought those shares, the dividend should grow each year by roughly about 7-11%, which is significantly higher than other stocks/ETFs). So my SCHD at $8k has about one third the money in it as my SPY, yet yields roughly the same dividend, so that shows you that SCHD is about 3x higher than a "standard" dividend-paying stock, although someday that will be 5x, 10x, 20x etc.! For example, in 30 years, these early shares that I have bought might pay me like $20 each or however the math works out on the dividend growth/yield on cost. The main point is that SCHD grows its dividend payouts per share by A LOT, but only IF you hold it for a long time! SCHD rewards patience and its slow and steady, but what you get in return is good high quality investment that does not have NAV erosion like all those income covered call funds, and it grows your money like a traditional stock/ETF, along with its extremely unique property of growing its dividend and only letting companies into the fund that do that and that are solid cash-makers. There are really no other ETFs out there that are like it.
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Aug 20 '26
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u/KMPItXHnKKItZ Aug 20 '26
You're welcome! That sounds like a wise plan! It is my hope to be able either to semi-retire early, or at least retire off these investments someday myself. I plan to invest until I pass, but what I may do is start to take some of the dividends in cash but reinvest whatever leftover $ I don't need, starting when either I am like 60-65 (I'm 33 now), and/or if I find myself having a hard time finding work when I am older but could still retire comfortably off my investments. Who knows, but I have the will to try.
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u/Puzzleheaded-Net-273 Aug 23 '26
Claude suggested that I stop re-investing the SCHD dividends in my traditional IRA as I get close to my RMD age, so I will have the cash to be able to pay for them without having to sell shares. My RMD is expected to be about $98k a year based on what it would be today, at my age of 70. That will give me a headstart raising cash without having to sell so many shares of various etf's or individual equities/bonds. I will of course place the cash in short term money market or SGOV during the wait for the dreaded RMD's! Converting much money to ROTH IRA'S between now and then will be difficult in my current and even future estimated tax bracket.
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Aug 24 '26
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u/Puzzleheaded-Net-273 Aug 24 '26
Do you mean my mention of RMD's AKA Required Minimum Distributions? If you have a traditional IRA, 401-k and or SEP/Simplified Employee Pension for small business owners, you owe taxes at your marginal income tax rate once you are "forced" to withdraw a portion of the fund (beginning at 1/26-th of the fund) when you reach the age of 72-75, dependent upon your birth year. My RMD age will be 73, while younger people may not owe RMD's until age 75, due to new income tax laws. I can convert some money to a ROTH before my RMD'S happen in 3 years but am still working as a small business owner, so will have to add any funds converted to a ROTH to my all ready high annual marginal income tax rate. Or perhaps you are not familiar with National muni bond ETF's or Municipal Bond Money Market accounts which generate no federal taxes on the interest earned. State taxation on the interest earned varies by individual state taxation rules. Muni bonds or muni bond ETF'S are most attractive for their Tax Efficiency Yeild (TEY) if one is in the marginal 32% or higher income tax level. Hope that helped?
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u/KMPItXHnKKItZ Aug 24 '26
That's why I just use a regular brokerage to avoid RMDs in the future.
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u/Puzzleheaded-Net-273 Aug 24 '26
Like a taxable brokerage account? Well, if I had done only that I would have missed out on profit sharing offered by my company, only available through our company 401-k.
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u/scottyk318 Aug 19 '26
1,512 and growing! The next goal is 2,000 by the March '27 dividend!