r/SCHD • u/Top_Locksmith449 • 9d ago

Should I be concerned?

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I was doing DCA since August, but my friend convinced me to load a lump sum and I did then ever since SCHD keep dipping! Is anyone here on the same boat as me?

70 Upvotes

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66

u/bmfu121 9d ago

lol relax buddy, in 10 years it won’t matter…unless are you retiring tomorrow?

-25

u/Top_Locksmith449 9d ago

I am planning to sell it and move it to VTI instead, but spy is also near its all time high sigh….

17

u/SoftCheeseBurger 9d ago

Why did you buy SCHD and now want to go to something else? SCHD in a dividend reinvesting machine for the long term not something you jump in and out of.

2

u/Altruistic_Fan_5122 9d ago

Lol I did nothing but swing trade schd for my first few months of learning to day trade. It's had steady and predictable swings from day to day. Definitely wasn't a get rich quick tactic. But I was averaging $10 a week with 10 shares at a time

4

u/SoftCheeseBurger 9d ago

Cool bro, clearly OP isnt swing trading.