When it comes to investing, it takes patience and persistence. You are not going to make money in every investment, which is why it is key to invest in high-quality companies with strong free cash flows. One way to do this all at once is through a well-rounded dividend ETF like the Schwab US Dividend Equity ETF (SCHD -0.43%).
In today's video, I will breakdown the power of compounding and how that can help you build the portfolio you envision having and retiring with.
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*Stock prices used were end-of-day prices of Oct. 18, 2024. The video was published on Oct. 22, 2024.