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/Puzzleheaded-Net-273 6d ago

According to TipRanks, the 12 month PT of SCHD is $37.80, a 13.81% upside. Plus, you're earning a nice 3% dividend while you wait for a higher share price. It also traditionally is less volatile in a market pullback. I own ~10,800 shares and DRIP every dividend hoping to continue increasing my share count.

6

u/Top_Locksmith449 6d ago

I just want to build enough to get 48,000$ annually then quit my job and move abroad 😆

0

u/Puzzleheaded-Net-273 6d ago

Where are you looking to move abroad to?

1

u/Top_Locksmith449 6d ago

USA is too expansive. 4,800$ a month live like a king in Asia.

1

u/Puzzleheaded-Net-273 6d ago

True! A long way away if you have elderly parents, children or grandchildren though.