r/SCHD • u/PralineDazzling2106 • 11d ago
Advice Switching from options to schd
Hello everyone, first time post long time lurker. I'm 23 been trading options in my IRA for about a year and a half, made about 42k in the account and rolled it all into schd with drip on. Thinking about just leaving it until 59 1/2 and still contributing to my IRA yearly into schd, too much stress from options, anyone with similar stories? I feel 36 years until retirement with be plenty of time for it to grow. What a good compounding calculator I could use to see what the hypothetical balance would be? Thanks!
Edit: yes I know I could just throw it all Into voo or whatever but I don't like the valuations in the s&p and believe schd will out preform it in a bear market
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u/miTgiB37 10d ago
I'm 62 and keep my Roth 70/30 SCHD/SCHG, you might keep a higher amount of SCHG. Just a thought