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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

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