Are you going mostly all-in on SCHD?
That's been part of my end game plan. Smash buy a huge chunk of SCHD after some big wins.
After about 10 years, dividend yield on cost is comparable to or approaching the likes of QQQI, JEPQ, and NAV and dividends continue growing (~7-11% per year for the latter). Very low expense ratio. Sector diversity, less likely to crash when tech/QQQ do and if/when AI bubble pops. Great savings account that becomes a high yielder over a long time horizon. (Imagine holding 30+ years!).
@ActuallyClimber Hey Climb, love your contrarian views to keep us grounded in reality. Question though, shouldn’t your profile say “Not a Bitcoiner,” instead of “Not a Real Bitcoiner.” Or maybe remove that tagline altogether, so it’s up to speed.
@ZynxBTC Whoa, nice call. I’ve been so obsessed with BTCTC’s, that I didn’t even notice my miners are in the green, some of which were deep in the red not too long ago.
SCHD stock price appreciates, and there’s been a consistent yearly dividend growth rate of about 11%. With enough runway (many years to invest) SCHD can do quite well, while diversifying your portfolio and derisking it during times when tech and bitcoin do poorly. After 10 years, your annual yield on cost is about 10% or higher, and it will continue to grow 11% a year, while the effects of compounding get more and more impactful.