SGOV

colts_guy

I put mine in SGOV.

advan24r

Moved some of my SGOV to California muni bonds NKX since rates will definitely be lower now.

Heyhayheigh

Open a Fidelity account, short term money should be in SGOV. Set an auto buy for VOO for whatever you can afford weekly. Then work to increase that weekly. That’s all personal finance is: spend less, invest more automatically. That’s how 401ks work. It sounds like you don’t invest at all. It is worthwhile for you to learn how to automate investing. Don’t care if you start with $20/week. Rome wasn’t built in a day, but get started today. Learn as you go. Educate yourself on bogleheads. Only sell investments when you have something urgent to pay for. That’s it. That all anyone really needs to know. SGOV short term, VOO long term investing. Sell only when you need to pay for an urgent expense. Do that for years and you will see money is easy. If you don’t see it, then you’re likely not increasing the automatic weekly in a meaningful way, and your results reflect your spending priorities. Best of luck!!

SnS2500

Paying off a mortgage completely is different and often a good idea, but it almost never makes sense to pay down a mortgage, especially if as it sounds you don't have substantial emergency funds. Put the money in SGOV or a treasury money market fund at least until you accumulate a solid emergency fund, then put it in the stock market to beat your mortgage.

MeatlockerWargasm

Keep in mind that higher yield = higher risk. SPHY holds corporate bonds which are more risky than US Treasuries (SGOV).

taplar

SGOV, VUSXX, SWPXX, or other money market funds

Khantahr

I keep just enough to cover my monthly housing costs with about a 40% cushion. The rest of my short term savings, which would probably be a year of expenses if I tightened my belt, is in SGOV.

LanceX2

So should I move my SGOV into TLT? I feel like i missed the boat and probably wont move since its my emergency fund

MaybeTheDoctor

An ACH transfer takes 3-4 days, so you only need a weeks worth of money in you bank account, however keeping up to a month worth is probably more practical. Everything else can go to your broker account for higher interest money market or SGOV

cisgenderedmale_

SGOV yourself before you wreck yourself 🤌

drewsonofdean

I really appreciate this perspective. What are you doing to protect yourself? I’ve considering just going cash or into SGOV. That or buying puts to hedge my portfolio delta neutral. Thanks!

IdioticPrototype

I parked the $1000 free margin in QQQI, personally. The dividends cover the $50/yr and then some.  A lot of people use/recommend SGOV. 

Heyhayheigh

Why would a pullback suck then? You should lump that money and part of your income should continue to add. It’s how your 401k works. Zoom out, there are tons of pullbacks. When you need to spend the money should be your only concern. And you said you don’t need the money short term. Leave the renovation money in SGOV, VOO the rest. Set an auto buy weekly for some of your income. Sell only when you have something urgent to pay for. “I can handle volatility” followed by a “pullback would suck” is crazy work man. Big panic sell vibes. Good for you if you haven’t panic sold. Best of luck either way!

Heyhayheigh

SGOV for short term money. Unless you have recently saved up that money, your risk averseness has cost you serious money. If you’ve been saving that for 5 years for example, the cost has been about 100%, so 100k in missed opportunity. Find a trustworthy pro to help you map out goals and invest appropriately. Best of luck.

Hellafast89

My wife's loans were at 6-8%... Who the hell is giving you UNSECURED loans for 3%?  Bro, listen to everyone in here who is older than you and has already done stupid shit, me included. If you manage to get away with this, unwind these positions, pay back the loan, and then use the cash you have left to do whatever with (save at least 50%, maybe park it in SGOV or something), and play with the other 50%. Don't end up regretting all of this man...

Furshake

I'll try to be as politically neutral as possible. The US has been witnessing thousands of citizens, including many children, getting murdered for decades. Columbine was \~26 years ago. We have done almost nothing about it and routinely move on very quickly and forget that it ever happened. Yes, conservatives will keep Kirk in the news for as long as possible for obvious reasons, but if schools full of kids getting gunned down doesn't cause meaningful change then I doubt this will either. Also keep in mind that most Americans didn't even know who Kirk was and will never bother to learn. If you already had money sitting somewhere good then just leave it there. If you're deeply worried about a crash then park all new money into HYSA/SGOV or something until you feel more confident.

Regular-Hotel892

You should probably just consult a tax professional. I would think, sell enough long term shares because they’re lower taxed to cover both the assignment and the tax obligation. Excersize the calls and put the tax obligation for next april in SGOV or some MM fund (assume you are from usa)

ruydiat1x

>> Am over 80% port in SGOV or cash collecting interest, have very little faith in the current geopolitical environment and believe we'll see flash crashes every 6-12 months. So while I trade monthly calls, the bulk of port is cash awaiting real opportunity in the market to take huge bets when probabilities are most favorable. You missed the flash crash in April.

ResolutionAny8159

!p SGOV

NalonMcCallough

That is life changing money man. Sell at least half and put it in SGOV to collect a guaranteed 4.2% yearly with no risk. It's free retirement.

Lethalmouse1

Are you max contributing?  Personally, I would stick to SCHO or SGOV etc. Unless/until I had 1 whole year of max out of pocket and set to build.  Then honestly, I would just S&P index fun like 50% of new contributions.  Part of the plan is having what you need and having any stock risk right now is really sketchy if one bad break could crush your situation.  Once you can easily deal with a bad year on safety mode, go tried and true via the S&P index or maybe a total market.  When I had 2 years worth, then I'd consider using 50% of new contributions for anything more.  I'll assume your max out of pocket with deductible and some non-covered BS hits somewhere between 15-20K?  So, just treasury that crap. Other option would be I have seen some broker like 30 day CD things where you can get good interest and turn liquid fast. It's been a while though, so idk if they are still beating treasuries etfs or which brokers do what. 

Creative-Reindeer-70

How would you guys allocate 15% of SGOV right now?

Siks10

I did this. My portfolio is much safer but still up 20% YTD. At the moment I have 14% in SGOV and moves slowly

SeniorVibeAnalyst

SGOV is short term treasuries so dividend yield would go down with rates, BND is a bond fund

GreenLobby420

If interest rates are lowered this week, are bonds a good position to be in? SGOV, TFLO, etc

ilost190pounds

SGOV and treasuries. And I guess MO, WM, CVX, but I've had those a while.

thesupe87

What about risk-free or low-risk style investing, such as CD's or Treasury bills/bonds? Of course, if/when they announce the rate cut, these rates are gonna do down a lot. We've had the gravy train between 4-5% for the past year and a half. Kind of stinks... but obviously not the end of the world. We still have to figure out what to do with our investments, as the other CD's we have are coming due, and as the HYSA's rates drop even harder. Most of them are down to about 3.5% now. SGOV / Treasury ETF's / Treasury bills & bonds are still pulling like 4.2-4.3%, but does anyone have any speculation as to what they think will happen to these types of things? It's all a guessing game. In the CD world, Marcus is still offering 4.4% right now on a 6 month. I don't really see many great things about their customer service, as there are a lot of horror stories online. Obviously, CD's are taxed both federally and locally, whereas Treasuries are only taxed federally.

Electronic_Bee3134

Yesterday I posted about kids accounts, today I want to ask about my own account. US ex-pat, so limited to US ETFs but less of a need for HSA and the like. I have a local pension (functions I guess similar to a 401k) and don't make enough money beyond that to invest in both a taxable brokerage and also a Roth IRA. So currently in a taxable brokerage account but there's no specific purpose other than long-term growth. I have a provident fund from work as well which is separate. Currently it's a mess with no clear strategy, major overlap (I have VOO, SPY, and QQQ \[which I know is different but just based on weights has a lot of overlap\]). I'm looking at a long-term strategy of simplifying, though that will also require short-term figuring out the best way to do so without a severe tax hit, even though the account isn't so big (only $20K). I'm looking at an idea that would see: 1. 35% VOO 2. 20% VXUS 3. 10% AVUV 4. 10% BND or BLV?? (my emergency fund is held in my local, non American account, so not looking for something like SGOV) 5. 5% GLD?? (some type of hedge??) 6. Remainder on sectoral fund(s)? Right now, it's a mess. There's just so much of this and that sprinkled around and that's dumb (for me) because I want passive investment. I'm not looking to actively manage and constantly readjust. So even if what I wrote is a ton, it's still a massive overhaul and simplification. Maybe I need to sit with an investment advisor, but I'm curious if there's one that'll sit for just a couple of hours for a small portfolio like mine because I'm not looking to move away to a managed portfolio (for a variety of reasons).

teckel

I'd go with somehting like a combination of SGOV, PAAA, BINC for a 3-4 year time frame. If you want some equity exposure, maybe some BALT. If you want to avoid taxes for the next 3-4 years, consider BOXX, BALT, SUB

Kachowxboxdad

If you don’t know what to do, look at SGOV and spend time learning

crazier_ed

SGOV and chill? SPY and chill? QQQ and chill?

Snoo23533

Even im not 100% cash and the cash i have is SGOV. Yes that is actual missing out.

D74248

Start looking at “asset allocation” and thinking about your goals. The stock market can and has gone negative for years at a time. Don’t get into a position where you can not ride through that. Look at the “Recommended Reading” list on this sub. Read some of them. Many will be at the local library. YouTube is for entertainment, not serious education. In the here and now SGOV or a money market fund. Do not get in the mud looking for the right thing to do. No one knows the future. But there are a lot of good approaches, and 10 reasonable, thoughtful people might come up with 10 slightly different reasonable approaches. Good luck. Source: Old guy

Heyhayheigh

Open a Fidelity account. Buy VOO on auto weekly basis. Sell only when you have something urgent to pay for. You will learn as you go. ROTH, SGOV… Rome wasn’t built in a day. Get started. You’re super young, you will do great!!

Fhyzikz

New meta for my port: 25% of port in GDX, 40% in SGOV, 25% in TLT, and 10% cash to trade options. Sell weekly calls on TLT and GDX. Wait for large correction then go all in on SPXL/TQQQ

sharpetwo

If you’re selling cash-secured puts, that cash is your collateral. You need it available the moment you’re assigned. If you stick it in SGOV (or anything else), you’ll have to provide margin quickly to cover assignment; and there’s always the risk of bad timing or settlement delays. That’s why most people just leave the cash in the brokerage “ready to deploy.” Think of it this way: CSP collateral isn’t idle cash, it’s margin. Keep it liquid. Also, I think IBKR pays you decent for the cash on your account these days.

fungoodtrade

Ok good cash in my brokerage account is generally used as security for selling puts. SGOV should be basically equal to cash in portfolio margin I think on IBKR. There are actually complex tools on IBKR for running scenarios. Talk with CHAT gpt about it... Chat has a pretty good understanding of IBKRs inner workings, and can help you through it. I've figured out a lot of good strategies recently, it all involves options, reducing risk, and increasing leverage. Did you apply for PM yet?

Tinominor

Using 100% of your capital for CSPs while parking money in SGOV is tough because SGOV is an equity, not cash. For CSPs, you need cash as collateral. You can and should open up a margins accounts account if you want to park your money and use the money from the broker to sell CSP.

Regular-Hotel892

I believe you if you keep it as cash. But SGOV?

hv876

IBKR. I put in SGOV and sell on Friday of my CSP expiration. Have had no issues so far.

Regular-Hotel892

It totally depends on the broker. You’ll have to read their margin requirements and how it works with buying funds like SGOV. I don’t know of any broker that would give you free leverage though (allow you to buy sgov and collect interest, and then use their money to buy the stock if you get assigned?). If you never get assigned that’s a different story but that still requires you to maintain some margin, and again you’d have to read up on your broker rules to figure out if they’ll let you post SGOV as margin for a put sale

Heyhayheigh

Yup. Lots of people “yield hunt” for HYSAs that happening to be offering the best rate. This is a waste of time, they have promotional rate, then sucker if you stay. Some people use CD’s. Also a waste, promotional rate, auto renews at trash rate. SGOV is basically the best tbill rate. Stop hopping banks. Easy. Set dividend reinvestment, sell when you have a bill you need to pay. Keep life simple. Added benefit, it will compare to benchmark in historical performance. So you KNOW what it would have been if you just VOOed and chilled with the money. You don’t get that counterfactual in a bank account.

Happy_Ad9174

so rather than putting money into a hysa, better to use SGOV? sry im just a little new to all this

Heyhayheigh

SGOV instead of HYSA or CD’s. Banks should only be used to pay bills. A bank doesn’t show you historical performance against a benchmark. You cant know what you’ve given up by not being fully invested. Can’t know the counterfactual. Honestly paychecks should be deposited into Fidelity taxable and bills run from there. If you were serious about tracking and planning.

Happy_Ad9174

would you use SGOV, to pay out dividends?

Heyhayheigh

Use SGOV instead of HYSA. Plan looks fine. Start adding to VOO weekly instead of spending all your money. Work to increase the weekly. Sell only when you have something urgent to pay for. Open a Fidelity account for the SGOV and VOO. Use their planning tab to budget and track expenses. Link all banks and credit cards. Best of luck.

Chuck-AP

If your goal is to save for a down payment, I would invest in stocks as you can lose part or all of your original investment. I would recommend a bond fund like SGOV which is lower risk and similar to a high yield savings account at 4.3% apy

Even-Bicycle-151

I am with regard to individual stocks. All of my other retirement investments are in index funds/bonds - SWISX, SCHG, and, SGOV - following a traditional 3 fund portfolio to an extent. I don’t play with those accounts.

Heyhayheigh

VOO or QQQM, but auto and weekly. SGOV for short term money. Set to automatic. Don’t rely on self discipline. Ignore the news. Sell when you have something urgent to pay for. Best of luck.

I_HopeThat_WasFart

You can put it in SGOV and it will be accepted as collateral for other trades, more so than fidelity actually

JPows_ToeJam

100% either SGOV for tax free $45k annual or VOO for the steady gains

DrGrabAss

This is where the mantra "time in the market beats timing the market." IF you have a lump sum, either dump it all in at once in a diversified way (not all in one thing), which is fine, it's better than doing nothing, and your money starts generating a return immediately; OR, Do a variation of DCA, which is start with the lump in a HYSA or MMF or SGOV getting around 3-4%, and you just transfer some each week or month into your main investments. That way the lump is maintaining it's value and you're DCA'ing without it just sitting doing nothing. It's kind of ideal, but takes patience and diligence. Personally, I just dump it all in, I don't have the patience to DCA a lump sum while watching the occasional spike or dip. It feels good to buy a dip, but I just can't care that much. I fire and forget.

Heyhayheigh

Change that target date to sp500. Low internal. QQQM for Roth. VOO for anything after. Set to weekly auto. Sell only when you have something urgent to pay for. SGOV for short term or emergency cash. If you’re maxing 401k, you will do GREAT! Best of luck.

calphak

9months late but im interested to know where to get the 4.5% risk free? SGOV? or what

Kachowxboxdad

Everyone posting Ws and I’m more bearish than before liberation day Not betting against the market though just going back to SGOV and hiding out until the market croaks

Heyhayheigh

VOO, the. Buy more VOO auto weekly with your own money. SGOV for emergency fund. The rest just auto weekly. There is no magic. Investing is a lifestyle. Opens a Fidelity account. Use the budgeting and planning tabs.

Heyhayheigh

Just buy ETF’s on auto weekly basis. If you’re at Fidelity, they support fractionals. VOO QQQM and SGOV for short term needs is really all you need. If you’re young, set of your favorite bluechips for smaller auto weeklies as well. Sell only when you have something urgent to pay for. Once you’ve done this for a couple of years you realize money is easy. Set and forget is the right way to go about it. Or find a trustworthy pro to guide you through things. Best of luck!!

Lethalmouse1

Okay, assuming your info is correct and you have 25% on the main stuff, I'm going to get you the math: 25% HYSA/SGOV for future house. 15% into 401K/IRA. Index funds.  Seperate HYSA/SGOVs or at least tracked line items: 5% for your emergency fund. Until you reach 6 month's salary. After that, drop to 1% and allocate the 4% to house.  5% is your clothing, shoes, electronics budget.  5% is your fun/luxury budget.  5% HSA or generic Medical savings 2% gifts, Christmas/birthdays 2% charity, heloing friends, family, neighbors money.  5% in a taxable brokerage where you can play stocks and crypto and whatnot.  5% figure out the shit you missed and didn't plan for and slowly plug gaps with this. License and registration renewals, job certifications, who knows.  1% checking overflow, because we need a little human wiggle in there.  I roughly assume you make median salary+ given you can't main bills on 25%. So, the numbers are pretty close to what I would do. Though I'm more itemized and extreme. 

Heyhayheigh

Open Fidelity account, buy QQQM or VOO auto weekly. Sell only when you have something urgent to pay for. SGOV for short term cash. Keep life simple.

thenuttyhazlenut

`•` `ACGL: 27.25%` `•` `QFIN: 16.50%` `•` `CROX: 12.25%` `•` `WISE: 12.25%` `•` `DR: 11.00%` `•` `SGOV: 8.75%` `•` `YOU: 6.00%` `•` `UNH: 3.00%` `•` `MELI: 3.00%` `CROX, YOU, MELI were recent buys`

Heyhayheigh

Ditch the HYSA, Fidelity, SGOV. They do HSA also. You definitely should max it early. Sp500. Don’t overthink. Lower your taxes with pretax 401k. Find a trustworthy pro if you’re a business owner and make good money. Best of luck

GaBeRockKing

First off, decide: what is this money *for*? Is it a car, emergency fund, a few months of rent, and enough runway to get you started living independently? Is it a retirement fun? Is it the down payment for a house? Is it a lottery ticket (e.g., accepting a 99% chance of going broke for a 1% chance of getting rich)? You mentioned real estate-- are your whole savings allocated for that, or only part of them? Whatever answer you have, your investing strategy is going to be different. But in general, in ascending order of risk, you're going to want to invest in... 1. a CD that lets you compound dividends . This is also the most "fire and forget" option since they typically auto-renew and require zero management whatsoever. 2. a treasury bond ETF like SGOV. Performance is basically identical to a CD (maybe a little worse), but more liquid, since you don't need to hold the money in an account for a specified term. Since you're going to be on mission I'd get a CD for the duration, but after that keep the majority of your cash savings in this. Petty cash for spending, credit card for emergencies, (but then pay off the credit card at the end of the month by selling SGOV) 3. A broad-market ETF that tracks some US index. For example S&P 500 trackers (SPY, VOO) or whole US market trackers (VTI) 4. Hedge picks. Stocks that cover for some low-probability but high-suffering edge cases. Cryptocurrencies (Bitcoin, ETH) if you hate the Fed. Gold if you hate fiat currency. International market trackers (VXUS) if you think the US is going to collapse. Or you can just dump everything in VOO and hope for the best. That's mathematically the best option.

Sufficient_Winner686

I’m assuming you’re actually around 4.5%. FZFXX sits around 3.91%, so I’d say go SGOV, but it sounds like you already have it sitting somewhere good. I’m sitting on 50k now that I need to invest. I’m probably going to put it in SGOV for now. Also considering selling roughly $24,000 worth of BLK stock that I’m 20% up on. I just don’t trust the admin or the direction of the economy right now. Everything in the market is overvalued and I just don’t see the vision everyone else is seeing.

More_Armadillo_1607

SGOV is over 4% and exempt from state taxes, if applicable to you. That's where I would put it.

mbster2006

Not mine but check this out for options other than SGOV, see https://docs.google.com/spreadsheets/d/15xzQWrXHWT2vkACbAWsEH1Cawqcbxxp8ds-eSkPN_C4/edit?usp=drivesdk

SpaceCatVII

SGOV

StLglobal

After US market tanks, when you start to see consecutive positive actions, start allocating higher percentages to VTI/VXUS/BND and rebalance as you wish (w/ m1 finance app) Drop SGOV to 10% 10% Utilities... 10% China + Foreign currencies 70% VTI/VXUS/BND Or whatever you are comfortable with...there's no magic number.

StLglobal

SGOV for 4%+ income (along side stock price appreciation) = $300,000 x 0.04% = $12,000 in a shit market or $12,000 in a great market. Use an application like M1 Finance for auto rebalancing and auto dividend reinvestment 30% SGOV 30% Utilities/Consumer Staples/Precious Metals 20% China + Currencies 20% VTI/VXUS/BND (35%/35%/30%) That diversifies you and protects you against American freefall

Jefe169

The old 403 is charging me a fee, part of the reason I am thinking about moving it to Fidelity. It’s with TIAA and they are charging about 1%. As for the emergency fund, SGOV is a good call and I will likely split it and out half in SGOV

Heyhayheigh

You need planning help. Make friends with a trusted pro. Not a stranger. Ask friends and family members. Make sure your old 403 isn’t charging you ridiculous fees (they do that after you stop working there). Check the internal on that target date fund. But you need to map to actual spending. Otherwise set to sp500 and sell when you got something urgent to pay for. Put that emergency fund (which is way too large likely, by the way) in SGOV at Fidelity.

Heyhayheigh

Yea. SPAXX and it behaves as cash. You don’t have to sell out to make available. You can trade and withdraw with it. SGOV is better, especially if you live a state tax state. But the default money market is pretty killer. Fidelity allows fractional buys of stock and ETF’s, access to crypto ETF’s, great budgeting tools. Better website and UX. I love Vanguard, but there is no real reason to use them unless your favorite advisor manages your money there. Vanguard would prefer you buy VOO at Fidelity anyways. It’s all cost to service self directed accounts. The benefit is having possible managed account prospects.

Heyhayheigh

If you’re in state tax state, move it to SGOV. But that is about as much risk as you should take for money you will spend soon. I would argue you shouldn’t blow whole shabang on house, like 100k VOO then maybe refi some years down the road is cool. But to answer your question, SGOV. Best of luck!!

jonesin31

You could put it all in SGOV then dollar cost average with it over time. At least make some money while you wait.

therealjerseytom

Sure! Overall it's a 30/70 split between equities and fixed income. My base defensive layer is the emergency fund, which I split up in rolling treasury bills with one maturing every week. Alternatively you could do SGOV, which yields a little less, but the T-bills are so easy I figure why not squeeze the most out of them. Substantial amount of municipal bonds via a national, low-expense ratio ETF, MUB. I also have in-state municipals in MSNCX, even though the expense ratio is brutal, and some individual in-state bonds laddered over the next few years. I'd be all in on individual bonds if not for the fact they're not call protected. FXNAX rounds things out with some other bond sectors. I do have a position of ANGL in this account, which I think I'll move to my higher-risk portfolio. For equities I have a substantial chunk in defensive sectors that tend to outperform the broader market during recessions - consumer staples (VDC) and utilities (XLU). The utilities position I think may have some additional upside if electric demand increases in the future by means of data centers, electric vehicles, etc. Then I also have some dividend-oriented (and sub-1.0 beta) positions of HDV and SCHD. The goal of that equity blend is to lean heavily into defensive sectors and avoid economically sensitive sectors like tech and consumer cyclicals.

somethingClever246

Sit in SGOV until a market direction can be determined. Schiller PE at 2nd highest ever, Buffett is heavy cash. I'd rather make 4.5% with zero stress.

kapshus

Plus one rec on SGOV. Short term, set it and forget it for ballast. I strongly urge you to research asset allocation strategies - gold funds, international funds (in foreign currency to benefit from USD value plunge), and tbills (SGOV is my choice for ease of investing/selling). If you are high net worth, let the manager do his thing (assuming you trust the person/firm), and keep some DIY. Whatever you do, think long and hard about being 100% equities in retirement (this coming from someone who was 100% equities until mid-fifties himself and is a believer in US tech dominance).

SnS2500

Partially a good plan, but PRVAX (and it appears other Virginia funds that I briefly looked up) is a money losing dog. Its disastrous total return year to date is -2.7%. If there are any Virginia bond funds that don't suck, that would be a good choice, but if not just go with a national muni fund like MEAR (+3% year to date), or a t-bill fund like SGOV.

FreeEnergy001

SGOV so you don't have to keep moving money into the account.

981flacht6

I moved a good chunk into SGOV last month. Another good amount in HYSA @ 4% with Robinhood Gold. I just got my first distribution on SGOV and let it reinvest seems like a no brainer to me. Even if you need to sell some it's highly liquid. Since we're both in states that tax, it would offset any loses (i.e. it's still better than HYSA). Someone tell me if I am wrong.

ducatista9

The question isn't really if whatever marginable asset you're selling puts against is in cash, SGOV, treasuries, etc. In such a case having your cash in interest bearing instruments is (for the purposes of this discussion) effectively the same as cash and is actually baked into the prices that you're getting for selling puts. The question is what the notional value of the puts you're selling is vs your cash when we're evaluating whether the puts are cash secured or naked. Also, if your marginable securities you're selling puts against are stocks which are correlated to the puts you're selling, then that is adding additional risk as opposed to treasuries, etc. which are pretty much riskless if they have short durations.

80delta

Put it in SGOV. You could DCA into SPY a little at a time, since we are still in a bull market. When SPY price dips below the 50 EMA on the daily chart, sell all of your SPY and go 100% SGOV. Wait until the price is back over 50 EMA on the 1 day chart before DCA'ing back into SPY. You DCA when the SPY is going up, not down. Most people do this wrong because we were all taught the WRONG WAY to dollar cost average in highschool economics class and its parroted by the talking heads on financial news shows. Don't do it, its stupid to keep throwing good money after bad.

Kachowxboxdad

All the recession resistant companies already have bloated PEs. SGOV outperforms a recession, does badly w inflation 🤷‍♂️

RandomOptionTrader

I agree. Pretty much what I said. My comment is a little technical and pedantic, but still correct In the case you are describing you could say the are SGOV covered puts, that is fine, but they are not cash secured as they are not backed by cash

Substantial_Team6751

One can easily sit in treasuries like SGOV, earn interest, and be a put seller. But one has to be ready to cover, close for a loss, and/or take ownership.

Impossible-Fall-393

What is SGOV?

Heyhayheigh

You obviously make good money. Go find a trusted pro to streamline your life. But yea. Pay off that car and SGOV for large expenses. The rest is fine with VOO. Start investing auto. You sound like someone who doesn’t already have automated investing. Make sure to max your 401k. Best of luck!

TryindabRichBitch

All jokes aside, these will work : QQQI SPYI BTCI SGOV

Jackiemoontothemoon

What does that SGOV position net you every month?

atheos42

Rebalance your emergency fund for a better return. Find a high yield savings account, money market fund, or just buy SGOV.

gmenez97

You’ll only win if market goes down. If it goes up or stays flat, you lose. You have to have an exit strategy. Would rather have extra funds in SGOV that can be deployed during market drop.

Heyhayheigh

SGOV is a tbill ETF, it is meant to replace HYSA and CD’s. It’s basically easy tbill laddering. It is not meant to be a huge money maker. It is meant to be lowest risk.

Grand_Cat2882

I was just looking at SGOV - $100/share with a $0.36/share yield SCHO - $24/share with a $1/share yield?!

Grand_Cat2882

Thank you for the response! My parents didn’t teach me when I was young but I’ve been fortunate to be curious, make a decent living and have a father-in-law who can give me some pointers when needed. I have a decent chunk of TSLA RSUs that got me started. I balanced my portfolio so SP500 is roughly 60% and I’m building on that monthly. SWVXX for dry powder still holding TSLA but selling to maintain about 30% as it grows. I’ll have to check out SGOV.

AlaskanSnowDragon

I'm about 11-12% cash right now. I missed the tariff dip buy. But I use the extra margin for selling options and generating revenue and stashing the cash in SGOV for some income.

LanceX2

VTI VGT and SGOV for cash

W-Sensei

VTI/VOO, XLK (tech), SGOV, EZBC/FETH

Rude_Masterpiece_239

Yeah, sure (sorry, this is a bit of a rambling rant, but gives you a little look inside my controlled chaos). The common theme is really simple, find wonderful companies and just keep buying them at decent value points and holding more and more over long periods of time. Before I started investing I tore through a bunch of books. I started following companies and engaging daily. Researching companies, jumping on earnings calls, looking over financials. I learned the foundational aspects of the art of valuation. The book that struck me the most was One up on Wall Street. We run into incredible companies all over in everyday life, keep your eyes open and you'll see them. That gives you a great spot to start your research. When you find good ones buy, get to know them better and if you're right buy more. Then buy some more and keep buying. And if you're wrong cut bait and move on quickly. IMO, reading and learning is lost on too many coming into investing today. If you don't want to learn and don't enjoy learning about the details of how a business functions you shouldn't be investing in equities. If you enjoy that as a hobby and want to use your time to do those activities, equity investing may be for you. This led me to buy Apple in 2008, Activision in 2009. Netflix and Google in 2011. Costco in 2012. Casey's General Store in 2012. Tesla in 2013 (although I'll still argue this was a stupid move by me as the financials were scary). NVDA in 2017. MELI in 2020. It also led me to others at great value points too like OKE and ABBV and NTDOY and 6016.T and KNSL. All solid, well run companies with a level of pricing power and some special sauce. And I don't really sell, if it's working I look for spots to add more. Also, I slowly built a cash allocation plan. I never invest just b/c I have money. I stack money until I high conviction idea. And I don't just buy once, I generally aim to build a position out over time, getting to know a company better and better and building knowledge and conviction...or not and then I cut bait. That may lead to long periods where I'm sitting on cash equivalents (like SGOV and some select Munis and high quality Bonds right now). But then when I see value I generally go crazy. Example, in 2018/19 I was building a few positions (like NVDA) but largely building cash as I didn't have any great ideas. I was still buying small tranches of my favorite companies, but in small increments (I'll be a net buyer of equities until I die). Then when 2020 hit valuations were massively attractive so I went crazy. I made about 100 buys between Feb and August. Did the same in April of this year...over a 2 week period I deployed a massive pile of cash. When the market provides attractive valuations, I always have cash ready to go. I'll never deploy 100% of my cash and new money always goes immediately to cash holdings. Options -- My thoughts are simple...if valuations are stretched and you're ok moving on from some shares, sell covered calls. If valuations are low and you would like to take on some shares at specific price points, sell puts. Around 2013 I picked up Options as a Strategic Investment (the options bible IMO). I don't necessarily aim to TRADE, but to use options as part of my long term buy and hold strategy. That leads to me SELLING a ton of options, but buying very very few. In April of this year I sold a ton of puts at prices I wanted to add shares. I'm generally very conservative here so the only equity I took on was HIMS in the 25-30 range (below my fair value range by a fair %). The others just added cash to the cash pile. Google is a good example. I was selling puts in the 120-135 range, but I was also buying a little in the 150-170 range. Recently I've been selling a lot of HIMS (overvalued from my 33-37 fair value range), NVDA (I never rebalance to rebalance but this position is extreme and above my 130-142 fair value range) and AAPL (above my 180ish fair value range) covered calls. I've also been selling CRM puts in a conservative 205-220 range (just above my 197 bear case and below my 225-250 fair value range). I don't recommend options for most, but if you really have a good feel for valuations you can use them strategically to get in and out of positions and drive additional cash to invest.

UGeNMhzN001

It seems like you might be missing the potential downsides of municipal bond funds when compared to something like SGOV. Even though the federal tax exmption is great, munis can have a lot more volatility than you might expect, especially if interst rates shift or if there’s any state-specific risk involved. Also, remember that those lower yields might be reflecting the riskier nature of some muncipal bonds, which could bite you when you least expect it. Have you considered the impct of inflation on these funds as well? Even tax-free, if the returns are lower, they might not be keeping up with rising costs. Would you feel comfrtable with that trade-off long-term, or would you rather take a little more rsk for a higher return?

Tannhauser1982

>a relatively safe place to park my emergency fund cash, similar to SGOV

Tannhauser1982

Okay, here's an objective difference: SGOV and VCRM have effective durations of 1 month and 7.5 years, respectively.