WHY WOULD YOU INVEST IN SCHD?

I made a video the other day on a covered call dividend ETF and I said, here's how many shares you would need to buy to basically replicate the average US salary, which is around $66,000 per year. This was the video right here. Took a little screenshot. To replace the average American salary, blah blah blah, you need $561,000 invested into this somewhat higher risk covered call ETF. And rightly so. I got a lot of questions. People saying, well, how do these bear markets? Do in recessions? Which, by the way, largely unproven. We just don't know yet because a lot of these funds are relatively new. And other people said, what about SCHD, one of the more popular dividend ETFs? The answer is $1.8 million. $1.8 million, or $561,000 into a covered call ETF. That bakes the question, why would anyone invest in SCHD when you could just pick a ETF and for a fraction of the money, the same amount? And I have the answer. And the answer is actually relatively simple. It's a sleep at night factor. When you buy SCHD, you're buying a proven fund that has been around a long time. It started trading in 2011, so that's over 15 years by now. Track record, you get peace of mind, you get safety, or the perception of safety. Lower fees. It just and it has some growth to grow over time as well. In addition to the income. Funds, usually the growth expense of the income. Like that, some people who don't need the long term growth. They're just like, I just need some money. They like those kinds of funds. But it's peace of mind. $1.8 million seems a lot to get grand. But it gives mind. Sitting on a couple million dollars, are you gonna take a higher chance, or are you into something that has a longer track record? In my opinion, of the day, it's not really which one is better for you at that time in your life. If you're a younger investor, to be in more growth based funds versus dividend stuff. And if you're an older investor seeking a bit of passive income, you might prefer a covered call ETF. Or if you're a younger investor and you're building decades, you might find a pretty sizable position in SCHD by the time you are in your 50s, 60s or seventies.