Quote:
Originally Posted by BroadwayJoe
I just re-thought buying this.....
BankRate checks....
Best Savings Rate @ 2.61 %
1 yr CD ....3.00 %
and it should go higher
SCHD is at 3.35 %
With competition emerging from financial institutes to get your money...
Looks like the safer investment is not with the SCHD
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True.
But I would add that SCHD has averaged 12% increase to it's payout over the last 11 years. So whatever you're getting this year you'll get more next year, then more the year after that etc, etc.
I'm not saying this ETF is bullet proof, simply that at these lower prices the yields are the best we have seen in a while.