SGOV

Infamous_Ad8730

Short term US gov bond ETF......SGOV. Paying about 4% right now easy to buy/sell, and completely safe.

zandervasko777

Buy short term treasuries and wait. SGOV is the best.

Siks10

I started rebalancing in November last year. Available funds go to select international, I have a little in SGOV while looking for opportunities, and adding gold and silver (ETF). The dollar has dropped 17% against another currency I'm invested in. The way it goes currently I wouldn't be surprised if the dollar drops another 10-25% again other currencies over the next 12 months

Commercial-Chef-979

I noticed you purchased a lot of short dated t-bills along the way. I recommend every option seller to do this, especially if you’re selling FOPs because that premium will not be swept into your securities account (IBKR, Schwab…) which means that cash will not collect interest. So buy T-bills, or park it all in SGOV or something similar (SGOV has the best margin requirements of 7% in a portfolio margin account, other than T-bills which are 1%). What I like about SGOV is that it’s more liquid and cheaper to transact into and out of over T-bills, typically… at least if you need to get a small amount of cash out for something.

zrzhu111

u/C130J_Darkstar I thouht i would jsut need to sell the $1k of SGOV. I'll try it out next time. Thanks.

Fission-235

I have about 22% cash and no real plan for it yet except SGOV for the now I like that!!! I will check it out 💪

deeznuts69

$UPS is paying a 7%+ dividend and is at multi-year lows. Looks to be a safe bet. Of course, there is risk, unlike SGOV.

PalpitationSmooth992

insane volume for SGOV after hours

fadytaie

SGOV?

West-Philosopher-680

Savings- 6 months emergency in HYSA, rest in money market, buy some TBILLS or CDs and create a ladder.(if you have state tax TBILLs can be a better optiony, as they are not subject to state taxes. You can also just use SGOV or VBIL ETF for TBILLS or buy CDs through your bank.) Retirement- max out ROTH IRA, contribute to 401k and HSA (you can invest excess $$$ HSA after you've hit your cap.) Visit r/bogleheads for tried and true ETF's Personal Brokerage- create a dividend portfolio. I use QQQI and SPYI ETFS currently. It pays for my monthly spending. I also have a little gold just to hedge and put spare change towards BTC. And if i get excited about a up and company company ill bet on that if I have extra cash to toss around. DRIP- Enable reinvestment for your Retirement and savings positions!!! Set it and forget it. Also use DRIP methodology until you get your dividend portfolio where you would like it to be. LIVE BELOW YOUR MEANS and budget EVERYTHING (including tine) ! - No matter what stay humble and live far below your means. Don't pay above 25 percent of your income for rent, keep your grocery budget reasonable. Instead of eating out shitty every week go to one nice restaurant a month etc.. No one knows what tommorow holds. Dont piss away your hard work buy making your day to day bills eat up your whole paycheck. All it takes is a lost job and now you have lost everything.

azure275

If you lose your job, how low can you get your monthly expenses? You need 6-12 months of expenses based on losing your job in a safe place - HYSA, money market, or SGOV etc. After that, just invest and forget. Whether VOO, VOO + VXUS or VT makes the most sense is a whole nother conversation.

SnS2500

\> am I crazy to think it a good idea just to invest 60% in BRKB Yes. Why would you buy an extreme laggard that has a potentially big negative catalyst looming with Buffett's passing? If you want something like BRK.B but with high upside and greatly smaller risk, just buy SGOV and APPL yourself.

Heyhayheigh

SGOV in a Fidelity account. Money you will spend in two years or less should be saved in SGOV. Learn to invest auto for longer term goals. Buy VOO on a weekly auto basis. Doesn’t matter the amount. Just get started. Work to increase that auto amount. Sell only when you have something urgent to pay for. That’s it. That’s all investing and personal finance is. Learn as you go. Rome wasn’t built in a day. Best of luck!!

RockwelInternational

I'm staying out of this everything bubble until it goes down. I don't care if I have to wait years. I have SGOV and gold until then.

RockwelInternational

My entire 401K is moving to SGOV near market open. I'm not sticking around for the dump.

Fission-235

I have about 22% cash and no real plan for it yet except SGOV for the now 🤷🏽‍♂️

Key_Lifeguard_8659

The mindset shared by most is that inflation is eating the dollar and the only place to secure your fortune is in the market. I've got 30% invested in VTI, XCEM (Emerging Markets), and XAR (Defense ETF). The rest in SGOV until the Market corrects. I sleep better not having everything invested, just enough to make it through tough times... could be tomorrow or two years from now. Nobody knows.

MagicJuggler

Rebalance the port. Close my position on SGOV, it was just cash-parking. Add some deep otm leap puts on SLV. I saw .72 ask for Jan 2028, strike 25, so I'll probably grab some of them as a hedge for my wheel. Buy 100 shares of MAGS, with a protective put for this week, given five of the seven companies have earnings, then hope NVDA doesn't shit the bed next week :) Close my covered call on TLT, and pocket the spare change. I have a protective put for this week, just in case JPow pulls a surprise and says "no rate cut".

C130J_Darkstar

You wouldn’t be able to withdraw any funds until that $1K margin is absolved. So for example, if you had $2K in SGOV with the free margin enabled, and were looking to simply withdrawal $1K to your bank, RH forces you to sell the full $2K of SGOV in order to access those funds. Then after setting up the withdrawal, you would have to re-buy the $1K of SGOV using margin.

zrzhu111

u/C130J_Darkstar Can you elaborate? I thought if i want to "reset" the margin, i can just sell the SGOV ($1k) I bought used the margin. why I need to sell $2k?

InvisibleEar

SGOV

Heyhayheigh

So you are doing GREAT for your age. Shift your thinking to monthly income vs monthly expenses vs monthly auto investment. Use SGOV in a Fidelity account for emergency funds, it’s better than HYSA. Then just focus on buying whatever you want on an auto weekly basis. Doesn’t matter if it is QQQM VOO VTI, whatever. Just set to auto weekly in accordance to your income and expenses. Do what’s comfortable at first. Then work to increase that auto weekly. Sell ONLY when you have something urgent to pay for. You can do the same with individual stocks. But LEARN the lessons. You will see that it takes a lot of effort and you will find it hard to set auto weeklies. You will also find yourself trading them. These are normally mistakes. Rome wasn’t built in a day. Learn as you go. Never rely on self discipline. Set to auto weekly. You will do great!!

Any-Cup8629

I do this same thing that you plan on doing. I set a limit of 1k to my margin investing so that I won’t go over. Yet, for some reason though, the other day I was charged a cent of interest. First time being charged interest even though I set the margin limit to 1k and have it all in SGOV. I’ve been a gold member since June… dunno what that’s about

zrzhu111

Yes, you can't have cash when you want to use margin to buy SGOV. Also you can't move cash to RH account, it'll reduce the margin used right away. Any cash moved to RH will pay off the margin used first.

Rodan1

Is there any way to use the margin to buy SGOV while holding extra cash? Or do I need to move it out, buy the sgov on margin, then move it back in? Will that remove the margin and basically charge the money I have in?

too_soon13

Can’t believe people are upvoting this. Interest income from SGOV is exempt from state and local taxes. The “profits” you mention is the interest from treasury bond.

cougar618

I have money on SGOV now. I don't have margin in SGOV for the reasons already highlighted by the other commenters. 

incrapnito

You forgot to include tax on the profits from SGOV. Assuming 30% tax rate (state is exempted), the post tax profits will be $28. So, effectively an annual fee of $22.

YourVoicesOfReason

The only right answer. Seems like there are a few people here who either don’t know where to find the $SGOV yield or can’t multiply it times $995 and subtract $50. 

oberwolfach

Robinhood Gold costs $50 if you pay annually and the yield on SGOV is about 4% so if you just use the “free” margin and nothing else you are effectively paying $10 for nothing.

kev0795

Nah this is exactly what I do too. Set the margin to $1000 since it’s free and just buy $1000 worth of SGOV. And the gold membership really pays for itself.

AICHEngineer

While i am serious that I do this, it was more jokingly put becuase LETFs are complicated and theres embedded costs to leverage. Imagine shorting SGOV, so youre paying 4% per year rather than getting 4%. Equity swaps cost ~SOFR+0.4% per year and an LETF thats 2x would need to hold ~1.1x swap exposure (90% stock, 10% cash used as collateral to buy 110% exposure to stock for 200% total, at a 110% short cash position). And the LETF rebalances daily to maintain 2x relative to each price at open each day. This both compounds upwards and downwards (effectively buying more swap exposure when prices rise and selling swap exposure when prices drop). This make the LETF perform superbly when volatility is low, but it makes it perform worse when volatility is high. So, you can

ralphy112

Don't forget/overlook state taxes, even if you're paying 0% LTCG tax rates on a bunch of sales. In NY, all LTCG are still taxes as ordinary income, LT or ST, 0% or not. It's a smaller portion, but still there no matter what. I'm not able to now due to kids, but I'm finally old enough with enough assets that it definitely makes me want to set up residence in a 0% income tax state! Also, the 0% rate applies somewhat similarly with "qualified dividends", which have a certain holding period (read the rules, they are different). And if you use a broker like fidelity, even cash based "interest" can be counted as dividend through their money market SPAXX type items, and I'm still learning how those get taxed, and if they can count as qualified. Maybe not, but there is also SGOV, a treasury bond based cash equivalent holder, that usually will beat the SPAX interest rate if you are intent on holding large amounts of cash. I think SGOV dividends are partially exempt from state income tax too. It's a small optimization, but if you're holding excess amounts of cash it adds up. Until you can move to that 0% income tax state as a shelter.

SirGlass

WTF , it changes it from a unit investment trusts to a standard open ended fund like any other ETF besides spy what is also a uit . All other popular ETFs including the vanguard ones and fidelity, voo , vri , ivv , SGOV are all open ended funds By doing nothing you will get a slightly better return

db_deuce

just keep the tax attributes. 200K in SGOV won't absorb much authentic capital gains.

No-Departure-5121

I have it in SGOV because I will be using the funds to purchase a house within two years. I have other money in stocks, that's not the question.

UncleTito27

Picking individual stocks is just gambling. People that claim to know better are liars/diluted; many smart, former finance people like Michael Lewis will attest to such. You should do the following: 1. Fund 401k to the maximum match that the army provides 2. Fund Roth IRA to the max ($7k), and invest it all in VOO 3. Go back to Funding 401k without match. That is to say, if the army isn't matching your 401k at all, you should be funding a Roth IRA first. Roth IRA will produce a bigger return on a dollar, end to end (including the tax differences with the 401k). In my non-retirement investment account I hold $60k in a mix of GLD (gold etf) and SGOV (short term treasury etf), so if I need money for an emergency surgery/catastrophe and there is a downturn, I will tap into that. Gold has actually been outperforming the S&P 500, and if you are especially concerned we are in end time of America, you might actually want to do some GLD in your retirement.

Affectionate-Day2743

4.3% is pretty damn good. there's always the risk of "what if something happens and i desperately need this money" but thus far that hasn't been a problem and, like you said, its not like you can't get it back. i think over the course of the next 7 months 4.2/4.3 is going to be quite a lot more than what an HYSA or SGOV/etc. will average.

MutaliskGluon

SGOV and some QQQ puts I started buying this morning.

BaconJacobs

I learned my lesson on a biopharma in 2021-2022 and stopped all live trading for 2.5 years. Started dipping my toes and I'm like +$27 YTD. Which is way better than BYND holders haha I also just got my SGOV monthly divvie payout, which will be mostly tax free profit, and for some reason I like those gains wayyyy more ha

suicidalducky

Bro...he's not even in SGOV or any treasuries?...damn losing to inflation wild.

badgerland52

I’m up 60% YTD. Two weeks ago I rotated 70% into SGOV 20% silver and 10% stocks

GoodTweetman

Well it only will be in there for like 4 days, and SGOV is 100% predictable, so I know it will not drop in that time. It will go up about 0.01 to 0.02%. O might fluctuate greatly in those 4 days.

Rickyskeets69

wow that's a lot more safe than risking 1k per trade, but why SGOV why not a solid REITnlike O or something that pays a little more with the dividend?

GoodTweetman

My plan is a simple one. I have $100 in my dumb day trading account while everything else I don't touch. Each day I look for a large company that has dropped a ton. I check if the drop makes sense. If it doesn't, I buy. It goes up 1-2%, I sell. I do this three times a week (would do each day but day trading rules). Then I park in SGOV. Outside of two times I was stupid and deviated from the plan on meme stocks, it's worked like 10 out of 12 times this month when I stuck to the plan. No doubt it will fail eventually, but it's fun, and it gets the trading itch out without me losing on my serious investments.

terrible-investor

Keep tuition + first years expenses in a HYSA, the rest can go into short-term bond ETFs such as SGOV. I'd look into setting up a Roth IRA if you have some money you won't touch until retirement. Only contribute earnings you were paid from a company you worked for.

Heyhayheigh

Open a Fidelity account today. Setup an automatic weekly buy of VOO, do it for whatever you can easily afford I started with $50/week. Then work to increase that weekly. This is then important part: SELL ONLY if you have something urgent to pay for. That’s it. Learn as you go. Rome wasn’t built in a day. But that is the basics. Always have an auto weekly. Never rely on self discipline, set to auto. Spend less invest more. You will learn more things. Roth. Maxing 401k. It will come with time. But the basis of all is auto invest. Sell only when something urgent to pay for. Educate yourself as you go. Bogleheads is great. Auto weekly and only sell when something urgent to pay for is all you really need. SGOV for emergency fund (Google it). Best of luck!!

MagicJuggler

I am watching to see if Silver craters today or trades rangebound. I sold a CSP expiring today, that's a dollar in the money, but have a protective put expiring Monday. Otherwise, I have two LEAP calls, hedged against four LEAP puts. Depending on how this plays out, and how the option chain plays out, I will use today to reposition for some better optionality. Based on my current premiums paid, I need to have realized about 180 to stay on-track for breaking even (45/week), but I've realized about 1000 against a mix of theta and selling my previous set of LEAP calls around the 47 spot price. If silver mean-reverts or even drills, I'll sell my leap puts, more than offsetting my leap calls, and then reposition my wheel accordingly. Then, I'm parking realized gains into boring stuff like TLT, SGOV, etc, so I can create a feedback loop, where degen plays fund boring things and vice-versa.

RugerHD

Why not just put it in SGOV and get higher yield + exempt from state taxes?

AICHEngineer

Keep your cash in treasury funds like SGOV to be exempt from state income tax, or potentially (if your net-of-tax situation makes it work out) municipal bonds like MUB. It depends on your net of tax situation, since MUB is lower yield but if you have very high federal income tax it may be better after tax. Do you itemize your taxes or take standard deduction? If you itemize, international dividends / cap gains will have foreign withholding tax which can be claimed as an itemized deduction on your taxes.

Gileaders

SGOV

hiphopanonomos

Should I full port SPY GLD or SGOV

EmployerSpirited3665

Ya it's a stablecoin.. backed by US Dollars. I feel pretty confident in it personally, as they publish reports and third party audits. But you don't have to keep it as a stablecoin. Once you get the bonus you can sell it right away and just buy SGOV. Or some other stock. I kept it as stablecoin as it's paying 5% right now.. but I'll probably sell the USDG (stablecoin) later.

funkyk0val

SGOV

HazelCuate

Google SGOV

Glass_Bar193

I *know* there is a reason CNBC shows the SGOV ticker on its crawl. I consider it a failure of my own imagination that I cannot figure out why 🤷‍♂️

PashasMom

There is no "very safe and provides returns above inflation." There is "somewhat/mostly safe and provides returns above inflation." If you are okay with that, PAAA, AOK, SGOV, GSY and thinkgs like that might be worth looking at. Low expenses, passive management, and excellent returns also don't go together in the fixed income space in my experience. This chart shows total real returns (inflation-adjusted) as well as volatility and how the funds did each year. You can see AOK has the best overall returns but is also the most volatile. [https://totalrealreturns.com/s/USDOLLAR,PAAA,AOK,SGOV,GSY](https://totalrealreturns.com/s/USDOLLAR,PAAA,AOK,SGOV,GSY)

Independent-Drive-32

Yes, it sounds like it’s a good choice for you. It’s a bad choice for someone who is susceptible to gamification tricks, but if you’re responsible, it’s solid. There’s another feature you’ve forgotten which is the $1k free margin; if you use this to bus SGOV, it covers most of the $50 annual fee.

Me-Regarded

Agree. I'm down $5k in DOW, not selling now. I collect the divided and prat each quarter. I'm like 70% cash right now. Got out of Amazon before the crash, thankfully decent profit. I don't see anything I like. Maybe oil, I'm sitting in SGOV

Revolutionary-Owl-79

I like SGOV

Kelble

Never understand why people will $1mill+ don’t just park their money in SGOV and call it a day.

Individual-Skin3768

Some of the best stocks to add onto are the ones you already own. Adding some indices doesn’t hurt as well. Finally holding like 10-15% cash on a just in case basis and leaving it in something like SGOV also doesn’t hurt.

Heyhayheigh

SGOV in business account in Fidelity. Easy claps

MagicJuggler

I converted my KO CSP into a spread. Collecting 70 in a week is worth it imo, and it gives me protection against a rugpull. And am parking more cash into SGOV. I repositioned one of my silver CSPs downwards, took a small profit. I feel like it will be less a sudden crash, and more a gradual retreat downwards, letting me wheel in more. I am going to watch to see how things progress tomorrow.

Revolutionary-Owl-79

SGOV gang!!

Sad-Airman

I got a lot of cash now raised up, was going to reallocate but may do the Warren Buffet thing and try to time a dip. 80% cash in SGOV probably dumb but not the least retarded thing on here

1-Dollar-Doge-Coins

Got it, so you think being in cash (or SGOV) since 2019 is (or was) a brilliant idea?

Cyanide_Cheesecake

You don't "stop investing" and get "wiped out". Most of your losses are compensated by SGOV, it's actually kinda trivial 

TrustDeficitDisorder

VUSXX and SGOV both pay around 4.5% right now.

MohJeex

The 30-day SEC yield on SGOV is still 4.2% from what I could quickly search. That looks pretty decent and is where I put my cash.

zandervasko777

Buy SGOV . It’s zero to 3 year US treasuries. Pays dividends monthly. Incredible price stability. The just wait for all the overpriced assets to crash. It won’t be long now.

MagicJuggler

Trailing stop saved my bacon on the gold drop. Time to see what happens next. I exited my SLV csps and rolled one down to the safety of my put nets. If I get assigned, I have something to write CCs with. Otherwise, I roll and average down. I should have simply bought KO instead of doing a spread, but I made money. I sold another atm put and if I get assignes, groovy. Otherwise, I am interested in Verizon, Franklin Templeton, Public Service Enterprise Group, and the DAX. I'll spend more time researching them. I'm parking cash in SGOV in the meantime.

GaylrdFocker

Some people call them sinking funds. I use SGOV for mine.

SnS2500

State tax exempt treasury money markets will likely pay a tiny bit less than SGOV, but not enough to worry about. Non-treasury money markets that are state taxable can be found that pay a bit higher than SGOV.

Heyhayheigh

Banks dont affect your historical performance to compare to benchmark. SGOV is better practice. Fidelity default SPAXX is normally better than HYSA... No real reason to use HYSA IMHO

FrankDrebinOnReddit

SGOV.

KingOfTheQuails

You need to decide what’s best for you individually. Do you have a support system if shit really hits the fan? How’s your job security, etc. For me, I’ve got nowhere to go if I lose my housing and income. And on top of that I work in biotech, a very volatile industry with layoffs almost always occurring + jobs hard to come by. So for me I keep 1-2 years of expenses relatively liquid in things like SGOV.

TrueCommunication440

Sounds like what you really want is a chart that shows up and to the right every day with minimal risk, and the issue is that the daily ETF price of SGOV looks like a sawtooth on a recurring monthly basis?

secondbushome

I think you need to understand what bonds do. They pay out interest, they don’t ‘grow’ the way companies do. They can fluctuate in value but there isn’t any ’growth’. If you just want the share price to go up, BOXX is the closest thing that does that. Or just turn on DRIP on SGOV so your share count increases over time.

Somewheredreaming

I dont want higher returns, i am happy with SGOV as a low riks investment. I specifically want to have something that is compareable to a Bond/HYSA or slightly lower but in growth. I am completly aware and also have broad market ETFs and use some CC ETFs too.

BobtheChemist

You can put it into SGOV and move some part into equities each month for a year or two. That's what I do with any rollovers or other big inputs. If there are short term drops, that is always a good time to move more funds. If you buy over a period and aren;t selling, it will likely work fine.

AICHEngineer

If you turn on DRIP, SGOV will be as stable and linear up and to the right as BOXX is. https://testfol.io/?s=hRZechuecLM

shugo7

I don't like the expensive MER so I use Options instead, leaps. I know there's always a risk but so far it was better than me holding cash with a 4% APY or SGOV. Taking advantage of the opportunity until it's no longer favorable.

lovesToClap

SGOV

Heyhayheigh

Hire a pro. You make too much money to be doing this yourself. Call Fidelity and do what they say. 1.5 years emergency fund is a ton of money at 13k monthly spend. SGOV for the emergency fund. Learn as you go, Rome wasn’t built in a day. Best of luck.

TequilaTrader

My money is full ported in tech. But, my wife no like risk do she has money in SGOV. it’s fine, better than a bank.

longGERN

SGOV chart makes brain happy

Heyhayheigh

You used your Fidelity account wrong. Just set the auto buy. Work to increase the auto. Spare cash in Fidelity money market is better than any HYSA normally. SGOV is def better than HYSA. Not sure what acorns charges, but it is a waste of money. You can buy VOO and QQQM on your own. Sell only when you have something urgent to pay for. If you have a high income, find and hire a trustworthy pro. Otherwise just VOO and chill. Best of luck.

TequilaTrader

SGOV is very reliable. No stress investment.

Sad-Airman

Can gold go down just like 10% so I can buy the dip with my SGOV

Heyhayheigh

Get rid of acorns. Too expensive. Just open Fidelity account. Buy VOO or QQQM on auto weekly basis. Work to increase the auto. Never rely on self discipline. Set your 401k to low cost sp500. Don’t overthink. Only sell investments when you have something urgent to pay for. Never rely on self discipline, set to auto. Spend less invest more. That’s all personal finance is. Use SGOV on your Fidelity account instead of HYSA. Best of luck.

accountnumber675

SGOV

dope-a-meanie

SGOV. for now.

reaper527

> Put the tax money in SGOV. Or a short term cd. That will lock his interest rate unlike sgov which is likely to fall this week and december.

jason8585

I'm selling all of my SGOV. Where should I put that cash?

Siks10

Etrade gives me good fills. I've almost never paid ask price for SGOV and when trading other tickers with wider spread, I don't worry much to enter my limit at ask or close because I usually get a better fill than ask

Millionaire_

Put the tax money in SGOV. Higher yield than a high yield savings account with 0 risk

Sad-Airman

Oh man. I used to be in it and amazingly sold it at the top of this year. Even if I had 20 mil and wanted to live off income currently SGOV is out performing it for the year. There is no convincing these people. Even schwab downgraded the rating

No_Art_2787

> if you are not invested you're missing out.  Maybe. I personally think theres better R/R in bonds such as SGOV and TLT, and i think theres greater opportunities to invest in energy right now VS AI. I think the genetic-editing bubble hasnt even begun yet and might be a good spot to park cash. We saw speculation in 2020/2021 coattail off the MRNA trades. Oil is 56 a barrel, and gas is about to be below 2 dollars. Whats a greater chance, we see oil go up, and gas go up, or Amazon/Nvidia go up?

Singularity-42

I feel you. I'm heavily in AI stocks, most with 3 digit percent gains. I'm sitting pretty, it's hard to justify to pile in more. Also I have a quarter of net worth in SGOV. Still, I think this "bubble" might go on for years and if you are not invested you're missing out.