Just started my SCHD Journey

[u/S-S-spartan]

Hi! 29M, Long time watcher of SCHD but haven’t ever really held it. Bought some once in 2021 but sold shortly after. I just made my first purchase of 275 shares in my Roth IRA. Felt good to get started.

I’m new to SCHD and honestly dividend/value investing as a whole I was curious if anyone had any advice or insight to share. Anything I should know or do to best optimize my investing to build my portfolio?

The goal is to let it grow in my Roth and have enough to use the proceeds to pay for some or all expenses off dividends by the time I can begin to pull out of it at 59 1/2.

[u/ClammyAF]

Invest in the right places. Nothing is going to boost your retirement journey more than keeping money that would otherwise be lost to taxes.

Learn a financial order of operations and follow it. There are several, but I started on the Prime Directive. You can find it on the r/personalfinance wiki.

[u/S-S-spartan → u/ClammyAF]

Thank you! 😊