Have a large lump sum from a property sale that I don’t know what do to w right now. Already have plenty of savings in the bank, no debt outside a small mortgage on my primary home, and VTI in my retirement accounts.

I was thinking SCHD as a 3-5 yr holding spot for the funds. I’d like to buy another home down the line.

My concern is that the markets at an all time high. In Schwabs own prospectus it shows “deteriorating conditions” and recommends “do not initiate new position”

Again it’s not money I’m going to touch for at least 2 yrs.

Thoughts?

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Title Of post: Is SCHD “overpriced”?
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