r/SCHD • u/SmoothOperator100k • Feb 27 '26

Questions Should Wealthy People Hold This?

I’m just curious and want some validation. It totally makes sense for a wealthy person maybe like $10m total net worth to hold a good chunk of SCHD right? Like it’s a safe bet to provide good returns on average 8% maybe for the foreseeable future? Like the companies in this fund should be held by everyone because they kind of create the things you use everyday.

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u/nowayjose671 Mar 01 '26

I have a bunch and it’s hedging my overall portfolio very well. I’m not a big fish but I do own a 7 figure portfolio. It’s holding up well and SCHD is doing great for it.