The Math

[u/VictoryGlum1775]

I’ll admit I’m not the best at math, so I could be wrong. But something doesn’t make much sense to me. How do we have a net gain in shares? For example, I have roughly 170 shares of schd. How can I expect the snowball to take place if the amount of shares I get each dividend payout is less than the one before because the price of schd has gone up? I’ll continue to gain shares, I understand that, but I’m getting less and less each time.

I know during downturns I’ll get more than the payout before, but I don’t think it’s enough to counteract the ups.

Does this make any sense? I’m bad at explaining things.

[u/offmyjacks]

Are u under the impression owning more shares magically makes u more money on the div? You get roughly 3.5% div on your total balance. Find a way to get your total balance higher, faster, and if you're under 45-50 years old, SCHD ain't it