SCHD is a long-term bull thesis; current dip prompted buying, but rising bond yields suggest potential for a better entry point soon.

While everyone is worried about an AI bubble or inflated market valuations, this fund offers diversification away from those risks . If an AI bubble occurs , or there is inflation in technology prices, or a major stock market crash , owning this fund will spare you worry, as it will take you out of the danger zone and keep your portfolio stable if those stocks decline .

It is the SCHD fund, Schwab's US dividend equity fund, and its price has recently dropped and is now available at a discounted price. When bond yields rise and you can get a risk-free 5% return on your cash, many institutional investors are turning to them instead of equity funds that give you 3.5% and involve risks.

In the long run, you know I'm bullish on the SCHD fund, and I bought a good amount of it on Friday because of this dip. With bond yields likely to continue rising in the near future, I think we may see a better buying opportunity for SCHD, and I will buy more then.