Dapper Dividends DD191~ Meet the $96K SCHD Investor
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Aug 4, 2023 In a captivating discussion, Craig reveals his impressive $96,000 investment in SCHD and outlines his future strategy. Listeners learn about the ETF's historical performance versus the S&P 500 and its appeal for passive income seekers. Personal investment tales showcase lessons learned and the evolution of strategies, emphasizing the importance of resilience in finance. The conversation also dives into options trading techniques, from selling calls and puts to exploring the lucrative 'wheel strategy.' It's a treasure trove for both new and seasoned investors!
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Craig's SCHD Journey
- Craig, a Canadian now living in Florida, started investing over 20 years ago but began picking stocks in 2018.
- Inspired by his father's lesson on interest, he bought his first SCHD shares, seeking a balance between dividends and growth.
Early Inspiration
- As a child, Craig learned about the power of compound interest from his father who told him that a million dollars could generate substantial annual income.
- This early lesson sparked Craig's interest in dividend investing.
Starting with ETFs
- Look for ETFs with low expense ratios, especially when starting with individual stock picking.
- Consider dividend-paying stocks for a safer and steadier investment approach.
