One month in the books.
I’ve officially been a committed investor for a full month, dollar-cost averaging into SCHD every single market day.
How does it feel? Honestly, I’m already kind of bored with it. For me that’s a good sign as I approach set it and forget it territory.
I’ve spent some time this month reading about all kinds of “exciting” strategies like high-yield investing with margin and covered call ETFs. Sure, they sound interesting, but I’ve already chosen my path and I’m not changing course. Most of that stuff feels too complex for me anyway.
I like knowing that I’m buying into real companies that sell something of value and return a portion of their profits to shareholders through dividends. That’s enough for me.
So how did month one go?
With my initial lump sum and daily recurring buys, I’m now sitting at 483 shares of SCHD as of 5/16. I’m up $716.60 overall with an average share price of $25.12. I didn’t have any specific expectations going into this, but I’ll take it.
On to month two. Same plan. Keep buying.