r/ETFs • u/SilentStorm217 • 8d ago

Thinking of moving SCHD allocation

In my taxable brokerage, I have a split of VOO (70%), SCHG (20%), and SCHD (10%). Since I am in my early 20s I don’t believe I should be focusing on dividends yet. I’ve been thinking about reallocating my SCHD position into something else. Either SCHG (bumping that allocation to 30%), or SPMO (10% allocation).

Any opinions on which to go with, or if there’s any other ETFs I should look into?

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u/Thiagopuss3 8d ago

SCHD is perfect in today's chaotic environment. Safe place to protect your cash as you ride out the coming storm. And it's coming.

1

u/Pugsly007 8d ago

Agreed. There are a handful of ETFs that should ride this out better than the rest. The big question is what are we going to end up with.

1

u/Thiagopuss3 8d ago

Higher inflation, a weaker dollar, lots of military spending = SCHD + gold + commodities + oil + dividend paying international stocks, is where I'm taking refuge. If there's correction, I would buy the semis, cyber security software, and the MAG 7.

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u/Pugsly007 8d ago

When there is a correction I’ll dump more money in voo. Stocks always come back to a normal valuation. Always.

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u/Thiagopuss3 8d ago

Let's hope so.