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SCHD is a type of investment that allows you to own a small piece of many different companies that have a history of paying dividends (a portion of the company's profits that is paid out to shareholders). By investing in SCHD, you can earn a regular income from these dividend payments.
SCHD is like a basket of dividend-paying stocks from different companies, and when these companies pay dividends, SCHD receives the payment and then passes on a portion of it to you as an investor. This can be a good way to earn income from your investments while also reducing the risk of investing in a single company.
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*I am not a financial advisor, I make these videos for fun! This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles.
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