DividendETF

Dividend ETFs are going to set me financially free.

[DividendETF @DividendETFguy]

@SCHDETF Ever since the youtubes started gushing over OVL the fund started taking inflows like crazy. The dividend Youtubers have quite a bit of influence it seems.

[DividendETF @DividendETFguy]

@SCHDETF Since there are more AUM in SPYI, I feel like they are going to try and merge GPIX into it which would be a shame.

[DividendETF @DividendETFguy]

@SCHDETF They better not change GPIX. It's the only cc fund I own and the only one worth owning imo.

[DividendETF @DividendETFguy]

@kamikazecash I have a teen investor account at Schwab for my kids and contribute each quarter (just VOO). I try to get them excited and show them how it's growing but they seem completely uninterested.

We need a community for parents to share tips to get their kids interested in this.

[DividendETF @DividendETFguy]

@kamikazecash @rossiadam @grok The cost of switching to an S-Corp (including tax preparation) is greater than the benefit of funneling the $2500 to the account (unless you have 10+ kids under the age of 18 on payroll then it might be worth it).

[DividendETF @DividendETFguy]

I just got this notification from BofA. Would you describe this update as "exciting?" On a scale of 1 to 5, how "excited" would you be about this update?

[DividendETF @DividendETFguy]

@DivStockpile That's really cool. Nice work.

[DividendETF @DividendETFguy]

@kamikazecash What about $5M in SCHD? 😜

[DividendETF @DividendETFguy]

@CDInewsletter In the US, the bonus is taxed as ordinary income and reported by the brokerage on IRS form 1099-MISC.

[DividendETF @DividendETFguy]

Fidelity uses "anticipatory posting" or credit-based posting. They know exactly how many shares their clients own on the record date, and they know the exact dollar amount due. They often "credit" your account early in the morning on the payment date, essentially fronting you the cash before the final settlement with the DTCC is finalized later that afternoon.

Schwab (and most others) typically wait for the End-of-Day Settlement. The DTCC’s final daily cash movement occurs around 4:15 PM ET. Schwab often waits until they have received the actual funds and verified the batch before updating client ledgers. This is a more conservative "settled funds" approach that avoids the risk of having to claw back a credit if there’s a technical glitch in the DTCC's mid-day batches.

[DividendETF @DividendETFguy]

@OptimizedPort Works for me on the website.

[DividendETF @DividendETFguy]

@dividendology Best of all, California capital gains tax maxes out at 13.3%.

[DividendETF @DividendETFguy]

@BethBridges @LibertyCappy @GigaBasedDad Mine got a squirrel today.

[DividendETF @DividendETFguy]

@SCHDETF Perhaps I'm a conspiracy theorist, but I think it will eventually be proved these new weight loss drugs are harmful.

[DividendETF @DividendETFguy]

@dividendology It's because there are companies like Tesla, Amazon, Salesforce, etc. that all don't pay a dividend and increase outstanding shares over time.

[DividendETF @DividendETFguy]

@SCHDETF Your puppy is cured...it's a miracle! ✝️

[DividendETF @DividendETFguy]

@DividendGrowth Another great reason to have your assets split between two brokerages. This would totally freak me out.

[DividendETF @DividendETFguy]

@SCHDETF Your puppy needs medical attention. 🤣

[DividendETF @DividendETFguy]

@kamikazecash @Duderichy

[DividendETF @DividendETFguy]

Thank Robinhood!