Money Happy Hour
Join conversations on investing and building your wealth.
Money should not be a sensitive topic, it can be a happy topic
Each episode you will hear how others are making this possible. These are everyday people showing you how you can do the same.
You will hear more about:
How to Save Money
How to Start Investing
How to Get Out of Debt
How to Invest in Stocks
How the Stock Market Works
Make the Money Happy Hour your Happy Hour on Money!
Money Happy Hour
Episode 110: Understanding the SCHD ETF
What does SCHD Reconstitution mean? In this episode I share how Charles Schwab reconstitutes their portfolio annually and the index that drives these changes. When considering to buy or owning an ETF it is important to understand what influences the ETF's holdings.
By the end of this episode you will have a deeper understanding how the mechanics of the Schwab US Dividend Equity ETF (SCHD)
SCHD Reconstitution
https://www.schwabassetmanagement.com/resource/annual-reconstitution
Dow Jones (See pg. 21 for Dow Jones US Dividend 100 Index
https://www.spglobal.com/spdji/en/documents/methodologies/methodology-dj-dividend-indices.pdf
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