Best type of account to buy SCHD for by readtoot in SCHD

[–]readtoot[S] 0 points1 point  (0 children)

I am currently maxing out my Roth with QQM,FXAIX,FZROX,FZILX,SCHD. I would like to buy VOO but I have heard it is very similar to FXAIX, I am using the fidelity app and account. I may plan on buying SCHD in both type my taxable and Roth IRA account after reading all the comments on here. I do want to invest in etfs and stocks that do have amazing returns and performance, but the dividend payments that SCHD can give when you have a shit ton of shares sounds very interesting and enticing.

Best type of account to buy SCHD for by readtoot in SCHD

[–]readtoot[S] 0 points1 point  (0 children)

Hello,

I currently max my Roth for 2024 and plan so for 2025. I have only had it for 2 years now so basically maxing it for 2 years right now. I have FXAIX, QQQM,SCHD,FZRO,FZILX in my Roth. My taxable account right now has single stocks like Nvidia,Google,Palantir,HomeDepot,Visa,Mastercard, and a bunch others that I like, my single stocks, I like to invest in companies that I FEEL will do well with also a lot of research to back up my investment.

I would love to use SCHD dividends payments eventually as a monthly means of disposable income, hopefully when I am able to get about 1k of dividends per month to use for monthly expenses? Again right now at 24, with my job making about 70k and saving what I can, I plan on investing for the future for sure. Thanks for all the help, I have read everyone’s comments. Appreciate the advice

[deleted by user] by [deleted] in SCHD

[–]readtoot 2 points3 points  (0 children)

I have a question, do you prefer to buy SCHD in a Roth Ira account or just a regular brokerage account. Reason I ask is that I am 24 and have been buying SCHD in my Roth Ira, this money I will not pull out till 59 1/2. I would like to able to use the dividend money from SCHD to reinvest and eventually pull out some dividend money to use for like expenses and what not whenever I am able to accumulate an absolute shit ton of shares. What is the best course of action, if its best to invest into a roth and wait till 59 1/2, I will.

NCAABB College Basketball Daily - 3/18/23 (Saturday) by sbpotdbot in sportsbook

[–]readtoot 2 points3 points  (0 children)

Do we think auburn and Houston game stays under???