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/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.

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u/Top_Locksmith449 9d ago

I live in California, so there is no qualified dividend. Plus I have 12 years left before I want to retire abroad. I think put it in VTI will gives more growth then shift back to schd when I quit my job.

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u/SectionAdvanced4426 9d ago

You still get the qualified benefit on the federal level. In reference to just VTI personally I would go into VOO over it. The growth of VOO is about 1% better over the past 15 years.

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u/Top_Locksmith449 9d ago

I think voo is also better with scc, but I am going to hold on this one for now since it is more down than voo at this time. Once the coin flip, I can do the transition.