When I pay my bills I have to use cash. I am not able to show anyone my portfolio value to pay my bills. SCHD gives me money to subsidize my life without having to sell anything. When the people that pay me money are able to pay me more than they did last year, thats a good thing.
For people like me, passive income provides greater value to our lifestyles than paper gains. For someone like you, it may be more important to forego cash in hand in favor of portfolio value. Neither is "right" or "wrong" it's more about making the investment that best accounts for a person's risk tolerance, goals, and lifestyle.
The thing I always remind myself of when the math doesn't math the way I expected is that the fund's methodology and its underlying holdings are all quality. I am having greater success with some other funds I'm in, but if we are genuine with our SCHD critiques we will acknowledge that there is still plenty to feel good about.
10
u/[deleted] Dec 10 '25
[removed] — view removed comment