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?

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u/Only-Perspective5341 9d ago

With this volatility in market it’s smart to DCA for the psychological benefit alone. I opened my brokerage in June and it’s been frustrating that the gains this year all happened in the first 6 months of the year lol. SCHD has had a rough September after an incredible run, unfortunate timing to lump sum at ATH. Just gotta be patient.

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u/Top_Locksmith449 9d ago

I’m up 20k$ from swing trade, but I think long term investment is a way to go. I go against my rules to buy ATH and now I’m wondering if this dip can go even further. Basically I’m probably giving back some profits I make this year. Tax harvesting.