u/Training-Part2105

▲ 31 r/SCHD

Is this a genius or madness idea?

Hello everyone, an idea just came across my mind. Everyone always says to go for a growth when you’re young which I understand but what’s stopping me from opening a Roth IRA buying a ton of SCHD waiting until the 2000 and 3000 mark of give back in dividends and then moving those dividends into growth wouldn’t that typically be a bingo solution? and yes, this will be in a small timeframe not a large timeframe. would I miss too much growth in doing this or miss no growth at all. ;)

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u/Training-Part2105 — 6 days ago