My plan was to use the CC dividends to reinvest into SCHD stock while also adding 5000-7k yearly to SCHD. Any tax thing I need to watch out for? Plan on working another 20yrs at least (God willing), but I want to have a tax free dividend snowball at the end of my journey.

I also have about 250k in a regular work sponsored 401k that I contribute 13% into currently. I go up a percentage or two depending on my raises every year as well. I want the dividends to pay me and mamas bills autonomously when we get older. At least the basic ones, and maybe have them to turn over to our kids when we pass.

Let me know what yall think. Thanks in advance! 🙏

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. ;)

Vanguard projects roughly 1.5%-3% annualized returns for US growth stocks over the next 10 years, citing high valuations and valuation mean reversion as the primary thesis (growth is great, but the price you pay matters).

I was originally planning a 70/30 allocation VOO and SCHD, with the intent that all future contributions would go only to SCHD so that the “income” allocation of my portfolio would increase over time, eventually overtaking growth.

Vanguard’s report echoes what I keep hearing from several other of my most respected commentators of the markets, namely that a rough period is on the horizon. Now I am seriously doubting whether starting with 70% large cap growth (VOO) is a good idea.

What other possible approaches could I consider? 30/70 VOO/SCHD? For context, I am late 30’s with about 25-30 year time horizon, provider for my family.

Note: My end goal is a massive position in SCHD (never sell, live off dividends), supplemented by a growth bucket I can sell off as needed from time to time.

Like a boat anchor in a crazy market storm.

So I'm 35, and my retirement is age 57. I invested like 33k and it's growing in SCHD in a brokerage account. Did I invested too much too early since my retirement is still in 20+ years?

I'm upper 40's, have lost every penny I've saved twice. I managed to come out in a good earning profession (veterinary), and can find corp gigs with investment matching, but it's never going to be enough. As it stands my retirement plan is to die on a Monday so I dont have to finish the work week, but I'd like to leave my kids with something. Right now I'm doing my best to max the basic bitch vanguard portfolio with a 3% match, and am grinding hard to pay off some debt and should be clear except for the house and student loans in 6 months. What other ways would best payout in about 20 years? Im willing to take some risk but I'm not doing anything volatile like crypto. Right now I'm leaning heavy on shoving extra weekends into a dividend grind like SCHD. AAre there any other avenues I need to look into? How many pre tax or tax deductible plans am I allowed to have? Should I open another? How can I best set up my kids, 3 and 8 years old? Maybe get them going on something and not even tell them it exists until my will is read, I'm afraid if I reveal it at 18 they'll spend it.

May 15th $32 Calls are looking spicy. Get them while they are hot.

I fully expect this to blow up in my face now that I've done it. Most of my cost basis for SCHD is between 29.50 and 30.50. I do expect it to return to this level or lower in the upcoming stock market reckoning, but when I saw it at 31.51 this morning I just burned about 30% of my dry powder on more shares. The next ex dividend date won't be for some time so I had some wiggle room. And I think the P/E for SCHD holdings are already a little elevated. But trying to assess the direction of the market has been exhausting lately.

Hey all, interested in hearing your strategy on asset allocation as you get closer to retirement.

What was your allocation strategy 3years from retirement, 1year out, and when you retired.

I’m
20% individual stocks (can’t sell due to tax hit)
27% S&P ETF
18% Nasdaq ETF
33% dividend producing SCHD/JEPI ETF
Balance Cash

Split 50/50 in brokerage and T401K

I have been adding to positions to change allocation %, however as I get closer to FIRE, I’m thinking about rebalancing.

What stocks to buy today? #stocks

I'm not complaining, I love the ETF. Just saying that although there are 100 names in the ETF, the top 22 names represent an overwhelming majority. 83.8% in top 28 names.