SCHD
Schwab US Dividend Equity ETF
stock NYSE ETF

I retired at 50 , rollover my 401k about 1.5 mil and put it VOO, SCHD, VYMI and JEPQ. Hold Tesla, WMT and Intel as stock.

This is a great thread and I am learning a lot. As someone with \*some\* knowledge (but not a lot), can you help me understand why putting money in SCHD or SCHY is comparable to the others? The Schwab funds are around 3.3% dividends and the others are 2x-3x. Is it just stability that you are after?

Starting with consistent saving and broad ETFs like SCHD or a total market fund is a solid approach while you keep learning

Ppl seem to love O and SCHD. I'm not convinced. There are better options.

could do too, not a big fan of SCHD, but it's a safe choice

Since 2012 SCHD is up 494.3% after dividends. O is up 314.29% after dividends.
So you would have cost yourself over 170% return doing this.
Today you learned dividends are not just free money[O,SCHD Total Return Stock Chart (Dividends Reinvested) | Total Real Returns](https://totalrealreturns.com/n/O,SCHD)[O,SCHD Total Return Stock Chart (Dividends Reinvested) | Total Real Returns](https://totalrealreturns.com/n/O,SCHD)
[O,SCHD Total Return Stock Chart (Dividends Reinvested) | Total Real Returns](https://totalrealreturns.com/n/O,SCHD)

45%QQQI 20%SPYI 10%IAUI 10%MLPI 10%SCHD 3%BTCI 2%IYRI

Not investing advice.
I have a specific goal - income replacement - and this mix is how I will reach it. I did deep analysis of the energy dividend stocks and check their current situation every couple of months. This time period is an unintended anomaly. While MLP energy stocks have always been a large % of my strategy, and are DRIP investing with leverage, so every time I get a dividend I get more leverage which I invest back into the dividends. However due to DRIP + the reinvesting via % of total portfolio the MLPs have crept up to 33% of my portfolio unintentionally.
RE O efficiency - purely due to buying a gaggle of O when it crashed a bit in 2023? I'd had 100 shares at 50 and bought 100 more at 46. After that I integrated it with my strategy as a % target and new deposits spread.
RE the energy stocks - It's important to note once I went into MLPs, I was pretty certain I wasn't selling them unless something catastrophic happened. MLP dividends are tax-advantaged until you sell the underlying security, at this point these produce 10's of thousands of dollars a year on their own.
RE SCHD vs SCHG - I do not generally like the mixed stuff, I'll just buy growth or buy dividends, but SCHD I consider a broad market tracking etf with dividends as a bonus. Notably one goal is across all holdings to have 50% in broad market tracking (via SCHD/VOO).
Overall, the goal is eventual income replacement but to not miss out on growth. I decided to use leverage to track growth while building the dividend portfolio. I know the tax scenario for divs + growth via leverage isn't ideal, but eventually I just want to sell the growth stocks and go 100% into the dividends and achieve full income replacement, which I'll then use to invest into more specific securities.
Again, not advice, just what I'm doing and why I'm doing it.

Maybe SCHD for slightly less volatility, more growth over time.

I actually don't mind new update, whatever. But what has been missing for a while is a divided notification. Let's say SCHD pays a dividend. I would like to receive a notification on my phone stating something like SCHD paid you $xyz of dividends!
Robinhood does a good job of this.

Just sold JEPQ for QQQI, more consistent distributions. So now I have QQQI, SPYI, IAUI, along with AMLP, UTF, O, MAIN, SCHD

SCHD has been **highly** resistant to the market turmoil of the last couple months. Yeah, the laws of gravity still apply, but I'm pissed that there *hasn't* been a good buying opportunity on it. Better for the people who bought in April, but I'm not one of them.

Spread enough amount invested across SCHD, SCHY, JEPI, JEPQ, DIVO, IDVO until you reach your desired monthly income amount + 10-15% extra, put remaining in a regular asset allocated balanced portfolio for growth. I generate about 7% yield from equally distributed across these funds, so you most probably need about $500K in dividend funds to reach your goal.

VOO and QQM that's what I'm doing, I got about 20 years till retirement. Would you put any in SCHD?

stash your $3k-$8k for investing in a High-yield savings account like capital One/SoFi it's safe, ready cash SCHD is for later just add $150-$200 weekly. Check the Simple Path to wealth or Investopedia for learning

QQQI, SPYI, GPIQ, JEPQ, MLPI, and some SCHD for growth. Can add DIVO, O and Main.

Needs vs Wants. Do you need $7K or want $7K? The problem you are going to have is anything that derives its returns from options is going to be unreliable. Since premiums are a function of price and volatility a fall in either will reduce your income. So any sort of meaningful bear market and you can kiss a lot of the income goodbye for the next 5 years.
Dividends can be cut too, but if you stick to the blue chip payers then more likely you’ll experience slow growth for several years as the companies repair balance sheets rather than actual cuts. For instance the index on which SCHD is based survived the 2008 recession without a cut.
So if you only need to muddle through for a few months you’ll probably be OK with a mix of bonds and preferred stocks and some CC etc. However, the longer you expect to be unemployed the more conservative your expectations have to be. The 4% rule is based on empirical evidence not wishful projections of current returns.

You have SCHD listed twice, did you mean SCHY?

When we still had access to Etoro I invested in 50% SCHD and 50% VOO. VOO offered the highest return historically but SCHD invested in screened dividend royalty and I loved the idea of continually growing dividends.
Too bad our Sec is a POS and banned them just cus etoro wouldnt pay them.

I'm bullish on these, and you already named two of them (SCHD, JEPI):
JEPI
JEPQ
DIVO
MAIN
ARCC
O
They all offer higher relative yields than SCHD, each for different reasons. O specifically has no overlap with SCHD because SCHD doesn't include real estate or REITs. JEPQ is the Nasdaq version of JEPI. DIVO is an actively managed fund that has strong returns and a higher dividend. MAIN and ARCC are BDCs, and both are managed quite well.
I can explain why they work for me, but we may have different perspectives, needs, and timeframes.