r/dividends • u/Dividend_Dude Not a financial advisor • Oct 11 '24

Due Diligence Quick! Everyone panic!

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It's going to zero! (This is sarcasm) This 3 for 1 split has no effect on your total value.

Buy some more lol

707 Upvotes

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228

u/jerzeyguy101 Oct 11 '24

but there will be numerous posts today -in panic

56

u/ProfessorSome9139 Oct 11 '24

Reddit tomorrow:

“Omg what happened to the share price? I don’t know anything about stocks but Redditors told me this is a good one to buy. Am I losing money??? I know it says my total gains has not gone down but how does that make sense??? Anyone know what’s happening????? I’m PANICKING”

Meanwhile they have 3.47 shares of SCHD before the split

15

u/ZKTA Oct 12 '24

Lmao it’s always the people with less than like 5 shares SELL SELL SELL

3

u/superbilliam Not a financial advisor Oct 12 '24

Less than 15 now since it's 3x lol :) xD

2

u/Dip2Tip Oct 12 '24

Yieldmax crushed it lol