What I Am Buying Today.

[rnsmth]

(01-30-2022, 12:40 PM)fenders53 Wrote:

(01-30-2022, 12:36 PM)rnsmth Wrote:

(01-30-2022, 12:28 PM)fenders53 Wrote:

(01-30-2022, 12:15 PM)rnsmth Wrote:

(01-30-2022, 12:07 PM)fenders53 Wrote: SCHD isn't going anywhere fast.  Let your hair down and find a market deal.    SCHD isn't a terrible place to park dividends in case better deals are coming soon.

SCHD is part of a plan to make the portfolio easier for my wife to manage in the likely case that I die before she does.

With a record of a decade of double digit year over year dividend increases, it is the royalty of dividend growth ETFs.

If by going nowhere fast you are referring to share price appreciation, I suggest you look at a look at a 10 year chart, but share price appreciation is not really the goal with making it 5.5% of our portfolios at this time.

Yeah I am just saying it is going to hang around here for awhile IMO.  The flight to value already happened.  We'll see if I am right.  SCHD had a good run in the bull market and no reason to think it won't do above average if market gets rougher.  I have considered buying.  I need to run a total return backrest vs SPY for the past 5 years.

As you do that, keep in mind that the SPY dividend yield is 1.3% while SCHD's is about 2.9%.

As long as the difference in total return isn't outrageous I get the value of a dividend.  I truly haven't checked.Total

Maximizing total return is not a goal of mine.

A reliable, safe and increasing dividend cash flow is.  I will not buy the S&P due to its paltry dividend yield.

As I have written before - Four Pillars -1) current yield, 2) dividend safety, 3) dividend growth and 4) valuation at time of purchase.

I will not consider anything with a yield below 2%.  

Satisficing results in those four pillars is an objective of mine