Why I'm SMASH Buying $10,000 of SCHD (Early Retirement)
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- Опубликовано: 1 июн 2024
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In today's video, I'm going to smash buy $10,000 more of SCHD.
For those of you who aren't familiar with SCHD, this is Schwab's Dividend Equity ETF.
SCHD has been a core holding in both my SEP IRA and Taxable portfolios for almost 3 years now.
The reason for this video is to piggyback off of my most recent Dollar Cost Average vs Lump Sum Investing video.
In that video, we saw that the numbers favor lump sum investing over time, although I've personally been a dollar cost average investor for years.
There are a lot of things to like about the SCHD ETF, which we will discuss in this video.
Please watch until the end and share with a friend!
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⏰ Timestamps ⏰:
0:00 - Intro
1:01 - My SCHD Journey
1:57 - SCHD Prospectus IMPORTANT
8:33 - Masterworks Spot
9:57 - SCHD vs SP500 vs VYM
14:26 - BUYING $10K of SCHD
16:15 - My Thoughts
17:45 - Casual WBF
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
“net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Reg A disclosures:
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Hi Marko, quick question. Does the portfolio visualizer take into account dividend growth over the years? For example, schd's dividend yield is 3.63% but it's dividend growth has averaged 11.39% over the last ten years. Is the calculator's total return based off those yearly dividend increases? Or does it just calculate it based off a static number of what the yield was when the shares were purchased and then leave it at that? I am very interested in back testing several dividend funds with rather large cagrs where this distinction would make a big difference.
Thanks.
THANKS. Just what I needed to watch. My wife and I got a 400k HELOC from our 780k primary home which we are still paying a mortgage for. I want to only use 200k for this new duplex down payment. I realized that the secret to making millions is making better investments and staying out of debt.
I'm grateful to GOD for the internet space, we were able to join the credit repair program, we payed up our debt and now we are back to being the administrators of our farming business and our own properties, as well as small pensions.
I am almost 56, my wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn using Airbnb and retire comfortably.
This is exactly how I wish to get my finances coordinated ahead of retirement.
You talked about a "credit repair program" how do I join? I took out a 200k heloc from my primary home 2 years ago which I'm still paying....I find it challenging to invest elsewhere because I'm still paying the mortgage and I got bills. to pay.
"Laura Gilbert CFA " is the licensed fiduciary 1 use. She lead me to join the program, Just research the name you'd find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
Why no one talked about this program when I was in debt
Impressive video. I started a bit late (graduated from my doctorate program at age 30 in 2014 with 170k in school loan debt). Managed to pay off my debt by 2019 and currently have a house and 250k total in investments (combo of profit share, 401k and a brokerage account). I'm not very knowledgeable in investing, so I just have my investing currently in index funds mainly Too but have been putting a lot into Schd the past few months. I don’t know if that's the optimal strategy, but psychologically it is very set it and forget it, and prevents me from obsessing over individual stock performance.
I’m thinking of doing the same but not sure if I should use different brokerage accounts, Just curious. Pros and cons?
Instead of using different brokerage accounts to purchase index funds or individual stock, compare your age(s) and how much time you have estimated till retirement, you can also opt to consulting/working with a fund manager/advisor for an “optimal strategy” to outperform the bear market.
@@hunter-bourke21 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
@@rebecca_burns14 Sure, the investment-advisor that guides me is "Julia Ann Finnicum, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her.
@@hunter-bourke21 Thanks for this tip. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
I am guided by Kate Elizabeth Amdall . I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision..........
I just checked her out and I have sent her an e_mail. I hope she gets back to me soon.
I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
The name of my investment advisor is "Lisa Angelique Abel." She is a true genius when it comes to diversified portfolios, which make portfolios less susceptible to market downturns, and has a strong reputation in her area. You may already be familiar with her name; a Newsweek article gave me the information I needed. She is someone you could Google.
The second time I've seen your video, it's good. I do invest in dividends, but they increase slowly and steadily. I'm 45, with a $300,000 investment account, and aim to retire at age 60. My objective is to raise $2 million. I know it is possible since I see traders making thousands of dollars each week. Just gotta do it the right way
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts.I recommend retaining the services of a portfolio adviser.
The great trading patterns and margins used by CLAUDIA FRADE FERREIRA increase the profitability of a portfolio. I can attest to the quality of her work. She is therefore the expert to turn to whether it comes to cryptocurrency, equities, or general portfolio management.
@@BobJ-qe4ve Very good tip, I just looked her up and left a message on her website
$300k you should be making $3k+ per month already, why $2m? 🤷✌️
@@brianacostafuller9365 Sure, Jan.
Thank you white board finance as always! ❤️
Nice😀
you into this system too?
Lol....not really but I know someone who is great at it
Who?
@@lukeobermoeller9318 Amandakolbach... My advisor for over 2 months now
You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.
A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.
The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!
I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far since mid last year. I have 60k i want to transfer into an s&s isa but its hard to bite the bullet and do it. £557k is a huge milestone , Please whats your strategy ? i will love to have an insight.
Yes, a Fidelity financial advisor named "Catherine Morrison Evans" put an end to my fears about investing, and after making more investments, I was able to reach the high six-figure mark in less than 3 years. A licensing advisor satisfies the necessary security criteria; hence, reimbursement is guaranteed if I'm dissatisfied with the service, so I'm much better off hiring one.
I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!
A number of the most well-known market analysts have been expressing their opinions on how bad they anticipate the upcoming downturn will be and how far equities may have to go in light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target. I'm trying to build a portfolio for my kids that will be worth at least $850k, but I need guidance on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@trazzpalmer3199 I agree. I've been talking to a coach named Maria Juliana Ramirez for a long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
@Finest Bear Hug It's run by Maria Juliana Ramirez, who I learned about and got in touch with thanks to a CNBC interview. Since then, it has served as the point of entry and departure for the games we have emphasized. A search on the internet can be done if tracking is necessary.
I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.
I started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
There are many financial coaches who excel in their profession, but for the time being, I employ Helene Claire Johnson because I adore her methods. You can make research and find out more.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
This is why i have a combination of VOO and SCHD.
I LOVE THAT YOU WENT OVER THE PROSPECTUS! I've haven't seen a youtuber go over that before!!!
Thanks you for your time , sharing your experiences and knowledge 555🎉🎉🎉
thank you Marko!
i value your transparancy and education
god bless you and your growing family
Thanks for update.
Love this channel. I have been following you for several years now.
Awesome! Thank you!
Marco es El hombre. Definitely going to buy some!
SCHD is my favorite ETF… my Roth IRA is 1/3 based in this ETF as well.
Ah good ol classic dividends. Thanks for sharing this! Love your work Marko, you're an inspiration man 🤓
Marco. Thank you for quality videos my man.
Marco. Is schwab your favorite brokerage? What about a collapse?
Great video. SCHD is a long term buy. It's part of my 3 ETF portfolio right now.
Love your vids. Interested in your thoughts on Compound Real Estate Bonds.
Great vid! We also love SCHD and are investing in it too 😊
This seems like the worst investing period. Started investing recently when the market prices were a bit high, then boom! I went more than 60% red! Hopefully, the markets will go back up Right?
It's the market, if you can't be on it on the bad days, you shouldn't be in it at all. BTW, as a beginner, why didn't you research the companies properly or work with a regulated expert? As a complete beginner myself, I have made over 40K gain with my positions in less than 5 months trading with Gary Joe Wilde.
@@sharroncampbell4009 I think Grant should have been the best recommendation here.
@@pizzaguy7998 Talking from experience, Gary Joe Wilde has got a much better method than most experts I have come across. You can earn so much profits from a single tread; again, he is SEC regulated so many people including some reputable pros here work with him. In all honesty, wish I had known about him earlier.
@@sharroncampbell4009 You are right. I remember Chris and Brian often recommended and promoted him in their early vids. It's been a while though.
What the hell did u buy?😂
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Julia David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
Julia changed my life because of the high profits I got from investing with her.
Amazing to see others who trade with Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
Do you mind hooking me up with her? I'm new to this
ohh, you can text on her Telegeram page with the user name below
I have money on SCHD and was nervous about it - well my decision I mean - very novice - glad you made a vid about it and made me more comfortable
Good video. Thanks
You hit cancel on the transaction after the video was over lol. I have SWTSX and SWPPX and will move some money to SCHD. Good stuff.
Nice!! Two weeks ago I bought 250 shares and am looking forward to the growth and dividends. Thanks for the breakdown.
Thanks for the insight on this fund, added it to my Roth IRA account!
Thanks broski
I read the perspectives too lol. You learn more about the fund that way. The underlying strategy.
Another great video . Thanks Marko
Thanks again!
Having recently gained more knowledge about personal finance, I've subscribed to your channel. I want to commend everyone who's tirelessly working to earn a living while also building wealth during this recession. At 45, I'm retired, along with my 51-year-old husband, and we're debt-free. Our plan is to relocate to Thailand. Thanks to our frugal and financially savvy lifestyle, as well as our commitment to saving and investing in the financial market, we've been able to generate passive income even in this recessionary period, allowing us to sustain our desired lifestyle."
Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.
No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with *'Jude Ryan McDonough,'* to create a long-term investment strategy, and he assisted us in managing our investments while we focused on my jobs without any concerns.
Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.
Ngl Personally, I feel fortunate to be one of the many people who have had the opportunity to work with *'Jude Ryan McDonough,'* Thanks to his advice and expertise, I have been able to provide for myself and lead a fulfilling life. Nolan is a highly competent and trustworthy advisor, and I am truly grateful to have him on my side. It is not easy to find someone who is not only knowledgeable but also has the necessary skills to manage investments effectively. I feel indebted to him and will continue to offer my support and prayers.
Thanks for the recommendation, I will write to him to start my investment
Nice video. Like it.🎉
Just smash bought 5k today !!! Thank you
Thanks for the details, could you share some similar canadian ETFs. Thanks.
Your are one of if not the best guy on RUclips
Let us get some Whiteboard finance merch! Yo dibs on the trucker cap with the HP printer goin brrr logo 🖨️
thanks Marko! smart.
Thanks Humphrey!
Marko, I have a daughter about the same age of yours... I agree that they are great at financial advice! Very upbeat and agreeable! haha, great stuff my man.
One of the few fin-tubers I have not unsubbed. Always quality.
Thanks that means a lot!
Thoughts on selling covered calls on SCHD to increase share accumulation and any worry about Schawb? Love the content.
Marko, first of all great content as always. Private fund investing is becoming attractive these days. See if you can cover the options in one of your videos
Thanks for the review of SCHD. I bought shares of VYM, VIG and SCHD after watching your video about dividend investing. Currently have $16k of each.
Dude . I've been investing for 2 years and I watch all the RUclipsrs and I've never heard of a prospectus. You are brilliant, I've often wondered about these documents and if they're available. You earned a sub brother. I will find a prospectus for all my positions! THANK YOU !
I appreciate that!
Get this man to 1 million subs!
Great video Marko do you use any stop lost on this investment?
I have post notifications on and aren’t getting notified 😢
The only way I knew you posted a vid is because of the email
Thanks for the great content and multiple notification methods 😂
thank you! This is frustrating to hear unfortunately!
What do you think of blending in some JEPI and reinvest dividends?
I just added to my schd. TY
Love the videos! Loading up on small value this year
thank you whiteboy finance
Do we buy stuff like this in our Roth IRA? Or is there a better account for purchases like this?
Would like to see you do a vid on xylg..qylg.. rylg… the new 50/50 funds.. good dividends plus growth.. all hype? Or good investment?
Enjoy your vacation 🎉
Thank you!
This man is such a dad. Respect. 💯
Amazing! Today I found this channel and I can already tell it's at least as good as Maverick's. Authenticity is something I really admire nowadays. Buying $10k of stock after making a video is 10/10.
solid
Hey Marko, Do you recommend SQQQ as well at current levels?
Can you do an update on your SCHD investment?
Marko! I have been DCA into this fund exclusively in my Roth for about a year! Great vid per usual
"Smashing the like button" first, then SCHD, lol.
I already have a Fidelity brokerage account.
Should I buy SCHD in Fidelity or open a Charles Schwab brokerage account?
Thank you 🙏
Great content as always. Wish i discovered SCHD much earlier. Currently at 200 shares
Great video on SCHD. Many people are waking up to this fantastic ETF and it's something many should highly consider having in their investment portfolio!
Your content is very much appreciated. Thank you
If you want bond like returns, just keep cash in short-term treasuries or a holding fund like SPAXX in Fidelity. It pays 4.49% for cash. Also, I will do cash secured puts since SCHD dividend isn't until around 6/23. Then make sure I own shares before then. Don't forget covered calls for extra returns.
You can get exchange traded CDs yielding more than that. Assuming you don't plan to touch the money for at least 9 months, you can get 4.75-5.00% depending on the terms you need.
We have reached the point where this seems like great financial advice, huh.
@@rightwingsafetysquad9872 the problem with the CD is your money is locked though and it only pays out at maturity, SPAXX calculated interest daily and pays out dividends monthly, compounding at a better rate. CDs are garbage
People should always do there own research 💯
I have SCHD, but also have GNR for natural resources play. Both have nice dividend growth.
I have SCHD in my Roth IRA. It paid me a dividend. What can I do with that dividend? I can’t withdraw. Can I reinvest dividends in a Roth IRA?
$SCHD all day every day 😏love this BIG money move BIG Marko! I've been dollar cost averaging into this for the past year after learning about it and plan to keep on keeping on. One day will make my own big money moves
Getting into dividend payers, international (with em tilt), and gold/oil myself. If things are going to be flat and countries moving off the dollar this will be the way.
Hey, great video. Is SCHD good to own in a taxable brokerage account?
It's a qualified dividend so it isn't the worst
Fantastic information as always. As much as I love SCHD, I still have to hold DGRO and VIG in my dividend portfolio on M1. 50/25/25
SCHG is SO underrated..Please CHECK this OUT!!..l love SCHG!!
Let’s get updates back on that SEP IRA
Thanks for the video. I just did the opposite of what you always said. I just bought 3k of SCHD by watching your video without any other research. I trust you 100% 😂.
Thank you for bringing this ETF to light! Did not know about it. Do you have any videos or could you do a video about how to rebalance a portfolio? I have a lot of ETFs that I believe overlap with each other.
Marko,
Love the videos brother! Been watching for the last few years on and off my accounts. Always good real easy to follow information; also very happy you’re bringing real info to the financial community! Thank goodness! We don’t need any more of those crypto hipsters & foony clowns lol! Divvy’s & strong divvy growth are one of the best:)
I appreciate that!
Hey Marco. Why would you buy a dividend fund which would force a taxable event during your high income years?
These are qualified dividends no different than a capital gain tax
Have you looked into ABR?
it's been on a fire sale. Starting yield in the 15% range. I bought 100 shares as a speculative play. I dint own SCHD but it's a great ETF.
Hi Marco, thanks for the video.
With these dividend stocks. Is it possible to re-invest the dividends, so you would not pay any tax on them? Thank you.
Just came across your question. Any dividends payments not in a Roth account would have taxes owed even if reinvested.
Does it matter if you invest schd in roth ira, traditional ira, or brokeage account?
Marco could you explain why there's a buzz around that claim's that the dollar is dying or the dollar is dead.
SCHD year to date -2%
VOO year to date +16%
I am sticking with VOO
I add $3k-$4k of SCHD each month and buy on the middle Wednesday around the 15th. Would you recommend DCA’ing daily or weekly instead of once a month?
I'd do daily if you're not being charged per trade
Since it has shown to have higher returns with less risk, would it be wise to use SCHD as a core holding for US equities? Or is it not diverse enough?
I pair it with vti
Is there a fidelity account similar to SCHD?
What’s the difference tax wise between JEPI and SCHD? Are they both capital gains tax for the dividends?!
JEPI is unqualified. Taxed at ordinary income.
its 13% financials with low tech exposure, tech is up relatively high compared to the rest of the market YTD, and due to the banking crisis which is why it is down, in my opinion great opportunity to buy.
Is it a good idea to buy this under a taxable account?
That's what marko is doing in the video lol but it's usually best practice to go with the tax advantage account first like Roth
My question is, since I am new in this, are you investing directly in Schwab in order to get dividend payment, or is it some stock that is under Schwab ETF? I am on Trading 212 and when I look at Schwab, I cannot find it so I am confused.
Marko is my boy. I feel like Ive known him forever. He just has way more money than I do.
Great vid Marko, thank you for the education focus.
backtested to 2012 against my old reliable voo and, they were basically the same with an ever so slight edge to voo lol. never mind.
Is there a Fidelity equivalent to this?
Cash secured put 100% especially buying a 100 shares or more.
Another great video you teach so much to so many who do not have access earlier in their lives to financial advisors etc.And at a great discount haha.Thank you really appreciate what you do to help others and that is what you are doing!!
Thank you that means a lot!
I DCA 500 a month into SCHD would be nice to be able to just buy 200 shares at once though
Is SCHD dividends taxed? For somebody making $60k a year in Texas? Is it a qualified dividend? Recently switched from JEPI to SCHD because of tax concerns. Thanks!
Only way to beat taxes is make more money…. No way to avoid taxes..
I wouldn’t have dropped JEPI. Has insane amount of cash into it so it’s a “safe play”
Will you using the remainder of the 100k in SCHD in the future? I was thinking of doing something similar, but was asked why I wouldn’t just put it all in VTI why would I do dividends instead of just growthstock? Why do some people not want dividends stocks?
Basically boils down to strategy or where you are on your investing time horizon. For folks far from retirement (20+ years), growth is normally the focus. As you near retirement, most abandon a growth strategy and transition into dividend to creating a steady stream of passive income throughout retirement without having to liquidate their shares. Hope that makes sense. Many will take a large nest egg they’ve accumulated in the growth years to purchase high yield dividend stocks that supplement retirement income.
@@kevingipson5356 wow thanks for the clear explanation yes I am 41 currently at want to start a brokerage doing all the tax advantage investments but feel I need a brokerage account. Thank you.
It boils down to growth vs income. The beauty of SCHD is you get both of those historically speaking.
Also Marko is it ok to purchase SCHD in a fidelity account? Thanks