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Strategy for building a $600,000 portfolio using SCHD

The Motley Fool +1 · ·by G4L

SCHD
SCHD Schwab US Dividend Equity ETF
$36.12 +0.53%
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  1. 1The Schwab U.S. Dividend Equity ETF (SCHD) has recorded an average annual total return, including dividends, of 13.7% since its inception.
  2. 2Of the 102 holdings in SCHD, 11 are Dividend Kings.
  3. 3A target portfolio size of $600,000 can be achieved by investing $500 every month.

So what's the key point?

The SCHD product has generated an average annual return of around 13.7 percent. This means a $600,000 sum can be accumulated by steadily investing $500 every month.

Source The Motley Fool +1 · View original ↗

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