Why I Buy SCHX on a Red Day ๐๐
ETFs Like SCHX Are Long-Term Upward Moving ๐
SCHX, which tracks the Schwab 1000 Index, includes many of the largest U.S. companies, especially dominant tech giants like Apple ๐, Microsoft ๐ป, and Nvidia ๐ฅ๏ธ. Over time, the U.S. stock market trends upward due to economic growth ๐, innovation ๐ก, and corporate profitability ๐ฐ. Even when the market dips, history shows that it recovers and reaches new highs. Buying on red days ๐ด allows me to accumulate shares at a discount, setting up future gains.
Tech Companies Drive Market Growth ๐ก
The biggest holdings in SCHX are U.S. tech stocks, which have been the main driver of market returns over the past decade. Companies like Apple ๐, Microsoft ๐ข, Google ๐, and Nvidia ๐ฅ continue to innovate, generating strong revenue and profits. As AI ๐ค, cloud computing โ๏ธ, and automation advance, these companies will likely grow even more, pushing SCHX higher in the long run.
Market Corrections Create Buying Opportunities ๐ฆ
Red days ๐ป often come from short-term panic, profit-taking, or macroeconomic events. However, these dips rarely change the fundamentals of strong companies. When the market drops, ETFs like SCHX usually follow, giving me the chance to buy top-tier assets at a discount ๐ฏ. By consistently buying on red days, I lower my average cost and maximize long-term returns ๐.
The Power of Compounding and Stability โ๏ธ
SCHX provides diversification ๐ and steady growth, making it a solid core holding. Unlike individual stocks, ETFs reduce risk while still benefiting from market uptrends. Over time, reinvested dividends ๐ต and capital appreciation ๐ compound, accelerating wealth accumulation. Buying on red days takes advantage of short-term volatility while keeping my focus on long-term financial growth ๐๐ฐ.@TigerStars
@MillionaireTiger @TigerTradingNotes @CaptainTiger thanks in advance
Side | Price | Realized P&L |
---|---|---|
Buy Open | 22.85 | +5.13% Holding |
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Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: