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Someone Please Explain To Me What the Fuck Is Going On With SCHD?

submitted by TheBigGuyFromQueens to Finance 6 monthsDec 6, 2024 10:40:49 ago (+1/-0)     (Finance)

I have been building a huge position in this for the past 8 or 9 weeks and for the past week it has been taking a shit on me. Right now, it is only up $.02 from my average purchase price and it keeps going down like 1% a day. At this rate by tomorrow, I may be in the negative and I have DCA’ed everything I have into it with nothing else to put in. I should have left my money in a CD at a lower rate. The dividends this turd will produce aren’t worth the risk or the opportunity cost.


5 comments block


[ - ] drstrangergov 1 point 6 monthsDec 6, 2024 11:41:50 ago (+1/-0)

the mistake you made was thinking you could get something for nothing. you want to make money? use your skills. who knows more about watches than you? use that!

[ - ] xmasskull 1 point 6 monthsDec 6, 2024 13:22:57 ago (+1/-0)

Great FREE advice like yours, will fall on deaf ears.

[ - ] TheBigGuyFromQueens [op] 1 point 6 monthsDec 6, 2024 19:07:55 ago (+1/-0)

I don’t know enough about watches. I just know more than you.

[ - ] HonkyMcNiggerSpic 0 points 6 monthsDec 6, 2024 19:18:14 ago (+0/-0)

He could have China make 5 different, very shiny watches and sell them to niggers at 30x mark up price.

[ - ] beece 0 points 6 monthsDec 6, 2024 13:47:16 ago (+0/-0)

I dunno. top 10 holdings:

CSCO
Cisco Systems, Inc.
4.47%
BMY
Bristol-Myers Squibb Company
4.45%
HD
The Home Depot, Inc.
4.42%
BLK
BlackRock, Inc.
4.33%
CVX
Chevron Corporation
4.28%
VZ
Verizon Communications Inc.
4.02%
MO
Altria Group, Inc.
3.70%
TXN
Texas Instruments Incorporated
3.70%
UPS
United Parcel Service, Inc.
3.70%
ABBV
AbbVie Inc.
3.49%