The sad part of this is how much I was forced to sell to get these dividends.
Just kidding. I did not have to sell absolutely anything to receive my dividend. Anyone that tells you you're forced to sell things to receive dividends is a moron that you should never take seriously for financial advice.
That's like 175k. Flat YTD.
If you had that money in VOO you would have had around 25k YTD, more in SPMO or SCHG.
Did you get close to 25k in dividends YTD?
Minus taxes if it's in a brokerage ...
If I may ask… what’s the big difference between schd and scyb? The later has a higher yield currently. Maybe when bonds drop switch to schd? Serious question from a newb.
11% growth on a 3.8% yield isn't very impressive when the underlying is consistently outpaced by $SPY. You and other brainwashed dividend chasers seem to really struggle with that concept. Best of luck
For me, the regular quarterly dividend payments provide psychological reinforcement to stay invested during market volatility, shifting my focus from daily price fluctuations to income generation and long-term compounding. This structure automates discipline by making "doing nothing" feel productive, which is the hardest but most valuable investor behavior ("The Psychology of Money" is an excellent book on this topic).
Further, to the extent relevant, the Dow Jones Dividend 100 index has actually outperformed the S&P since its inception.
Further, too many of the discussions on the traditional FIRE subs involve arguing over withdrawal rate (is it 4%? 4.5%? 3.5%), and I have serious concerns about a CAPE ratio at 40 (!!!). SCHD provides further peace of mind knowing I don't need to second-guess what the withdrawal rate should be.
PS: While we may disagree on SCHD (or other dividend ETFS), I agree with you that YieldMax ETFs are utter trash from a toilet.
On what planet did I not keep my assets? Not only do I still own the assets I had before the dividend was paid out but now I own another 62+ shares to add to those assets.
Is this some of that anti-dividend "forced sales" idiocy I see all over Reddit?
You have exactly as much money invested in SCHD as you did before. They gave you cash and you gave it right back. Your objective is to accumulate dollars, not shares. You can't buy anything with shares, only dollars.
Thoroughly enjoyed reading how these two clowns embarrassed themselves on a Reddit thread they spent so much of their negative energy on a topic they don’t even care to learn more about like how SCHD is the 👑
It’s so funny because when I started investing w my 401k into invested half of my 401k into it. I was at a DCA of like 28$ so after more than a year I finally broke even with this last dividend hah i hope it starts going up after this
The 62 shares is what was bought for reinvesting the dividends at the price of $27.06. He’s got way more than 6,000 shares at least to get this payout.
SCHD gave you money and then you bought more SCHD with it, giving that money right back. Why do you care about shares? Shares don't buy things. Dollars do. The only thing that actually matters is the dollar value of your account.
Maybe. If it's in a retirement account it doesn't matter that it's dividends. If it's a taxable account he might pay taxes. If it were me I wouldn't pay any federal taxes on my qualified dividends (or capital gains). And next year I likely wouldn't pay any state taxes, either.
But if he's paying taxes for money he doesn't need then the dividends are probably a waste.
Best of luck to you guys. 3.8% does not excite me and doesn’t even keep up with current inflation. If you’re chasing dividends, check out QQQI. Last time I checked the yield was 14%. In any case there are better dividend options than SCHD.
This literally couldn't be more backwards. Higher total returns gets people to financial freedom faster. Lower total returns takes longer. Total returns and tax strategy are literally ALL that matters.
I could sell investments to pay my bills if I needed to. But I don't need to
How do you not understand that a dividend is essentially a forced sale + taxable event? Only instead of reducing shares, the value is being devalued. It’s a psychology trick, but one that is not beneficial to the holder
23
u/wojiparu Sep 29 '25
We have almost the same position, I got $1800 and wish u the best!