SGOV

biowiz

More dip buying!! And get to still benefit from SGOV 😎

subfloorthrowaway

You can just do VT as a conservative bet, which is basically 60/40 VTI/VXUS. I like 70/30 VTI/VXUS personally, but all-in VT is fine too. You are very diversified with this. If you want to be even more conservative toss in 10% BND or VBIL or SGOV.

Fhyzikz

Powell gonna clap bull cheeks today tbh. I am all cash/SGOV so I have no horse in the race atm but it seems obvious that he will say economy is fucked and a long term oil surge like this will limit them. I can see at least -2% by eod

Ninja_Cooter

Look at a daily candle chart for SGOV

NlNJANEER

So like I have 500k cash that is getting the RH 3.5% yield. But that shows up as income (meaning taxed at fed+state bracket). If I buy SGOV on fist day of month and sell on the last day of the month, I’ll capture the same yield but as capital gains (of which I have a bazillion dollars of loss I can write off against). I was wondering if anyone has done this

NlNJANEER

Cash gang, are yall just sitting in hysa or are you in SGOV? Just realized that the hysa interest is income. Considering buying SGOV and selling before dividend to capture as capital gains. Anyone else doing that?

No_Alternative_6206

E*trade lets you invest in pretty much anything. If you like target day funds VFIFX Vanguard does a great job. Just lookup the ticker for your target year and buy it. If you are looking for principle preservation with interest try SGOV until you are ready to buy in the market.

Fhyzikz

Already did. 100% in SGOV as of last Tuesday

lobsterspider

SGOV and wait 6 months

Opeth4Lyfe

SGOV for any kind of bonds. Just look what BND did since 22’…..not very good. TLT is even worse.

Fhyzikz

I've never felt better sitting in 100% SGOV in my main acct. Waiting for the next nice red day to sell far otm cash secured puts and sleep. Especially watching NVDA. If it drops into low 170s at some point, I will be full-porting 150s

No-Dust-1722

It’s going to be hard to beat 4.6 right now with anything that approaches “safe” in this market, at least on a time horizon like 8 years. Volatility is pretty wacky right now and there is a lot of concern for market corrections and pullbacks. That being said, I have part of my savings in higher-yielding ETFs and equities that I’m betting on not totally crashing in a down-turn. SCHD, AGNC, and VXUS are a few of them off the top of my head. I’m always at least half SGOV though.

Ecstatic_Wheelbarrow

You'd rather have 100k sitting in a checking account to get 4% back with Smartly where you earn about $5/year on it? If opportunity costs matter to you, the idle 100k required for Smartly should be a major issue since you're missing out on about $3-5k/year if you sat that in a HYSA or SGOV. I'm also hard pressed to think of cards that allow 3rd party payments without a 'convenience fee' that eliminate the money back and it's better to pay without a card. I know Bilt exists for rent, but that's about it. Most people (me) are lazy and want a daily driver card, which is where the RH card is perfect.

Travelingbunny20

SGOV baby!

Ecstatic_Wheelbarrow

What transactions are blocked? I've been using it for everything since getting it and have had no issues, even overseas. SGOV is 3-4% so it doesn't completely cover the fee, but it's reduced to \~$25.

nigelboid

Normally, that would be fine, but Robinhood flat-out blocks certain transactions on their card. Plus, I do not see how $1K of SGOV covers your fee at the current rate.

SirGlass

Sell it and buy SGOV. The fund is not a fund to part short term cash

Ecstatic_Wheelbarrow

I have the gold card and I'd say its worth it. I have an account with 2k in it so I can use their 1k free margin to buy SGOV and it covers the cost of the gold membership. 3% back on everything is better and easier than just about everybody else. I only use 3 cards anymore. Costco's card for gas (it's only 2% back in store), Amazon for Amazon (5%), and Robinhood for everything else.

Good_Ride_2508

Short term SGOV or long term TLT? If it is short term, really good.

BagHoldersOfAmerica

I'll be going 80% SGOV tomorrow, if there is a bull thesis in all this it's beyond me

Kachowxboxdad

SGOV to buy the horrific dip

skilliard7

>There is real income potential, but it requires specific market conditions. Not something you can really set and forget. You don't have any certain way of knowing at any point of time if the market will trade sideways, up, or down. Any existing knowledge of expected volatility is priced into options. XYLD returned 8.18% the past year(including dividends), VOO 16.92%... >Agreed on REITs tho it is important to recognize they aren't going to give you qualified dividends, so you pay a larger tax bill on them. It's not as bad as it used to be, there is the QBI deduction which makes them taxed 20% less(unless you are very high income), and some of the distributions are classified as return of capital and therefore untaxed. There is also the added benefit that they generally do not pay corporate taxes. >Bonds aren't necessarily bad either. Something like SGOV gives you monthly ROI, and is tax free. Muni bond funds for your state are likely the same, but probably have a lower ROI. If you are investing for a longer horizon it may make sense to buy longer term like VGIT or even VGLT to lock in higher yields over the long term. >But you get all the benefits of a REIT plus since you actually own property you get capital gains, get depreciation, and the ability to do a 1031 exchange. There are higher barriers to entry (qualified/sophisticated investor). cap gains/depreciations are passed onto investors of REITs by nature of the classification of dividends. Dividends can be classified as cap gains or return of capital due to depreciation. The other benefit of REITs it that right now many of them are trading significantly below the underlying value of their holdings. Just look at AMH/INVH, if you take the market value of their homes minus their debts, they're trading at like a 30-40% discount.

dogs_gt_cats

Covered call ETFs aren't a "bad" investment per se, but they really only function well in a sideways market. You really should understand how they work, ideally by placing a fee CCs yourself that have ended positively and negatively to really grasp their limitations. Basically upside is always limited, downside is not. You want the market to go sideways so your capital is preserved and you just collect premium. There is real income, but it requires specific market conditions. Not something you can really set and forget. Agreed on REITs tho it is important to recognize they aren't going to give you qualified dividends, so you pay a larger tax bill on them. For income focused index funds there's also stuff like SCHD and SCHY which follow the dividend aristocrats US/Ex-US. An alternative for reits that is worth exploring is real estate syndications, but they lock up your money for potentially a long time before you start getting returns. But you get all the benefits of a REIT plus since you actually own property you get capital gains, get depreciation, and the ability to do a 1031 exchange. There are higher barriers to entry (qualified/sophisticated investor). Bonds aren't necessarily bad either. Something like SGOV gives you monthly ROI, and is tax free. Mini bond funds for your state are likely the same, but probably have a lower ROI.

juice5648

Half in SGOV, and half in VOO.

Training-Rip6463

No I actually do.. it's just that I keep my emergency fund in SGOV instead of HYSA.  Right now I have about $25k which is like enough for 1 year of expenses here... Unsure if I should pull out some more from the market and put it into sgov 

big-papito

One reason why gold is crashing is because the dollar is getting much stronger. Why? Smart money is fleeing into SGOV.

LaneCraddock

1. Treasury Bond / ETF: SGOV 2. Gold / ETF: SGOL 3. S&P 500 / ETF: SPY 4. Ex-US World / ETF: VEU I would go into Treasury Bonds for now and wait till we reached the bottom with the Iran fiasco.

Temporary_Pea_648

SGOV, untill after the coming crash..

InfiniteNerve1384

Honest feedback: take your down payment and move it to SGOV. 75/25 the rest VTI/VXUS. Best you’re gonna do in this market.

Livueta_Zakalwe

I bought Verizon for the divvy. Three days later it went up 25%. I sold. Staying in SGOV for now.

iamNotLyingMan

I just switched to full SGOV for tax reasons I’m still learning

ThermalChaser

SGOV gang yeeyee!

RU9901

I'm in a similar situation as you OP. I'm 2 years into retirement and SS covers two-thirds of my expenses. I've got 3 buckets: • Cash equivalents bucket: 2 years of SGOV • Fixed income bucket: 3 years of bonds (Corporate bond ladder) • Equities bucket: low-cost S&P 500 index fund (VOO or equivalent) My portfolio is 85/15 with the 85% in equities. To pay my expenses, on a monthly basis: • If the market is down sell SGOV • If the market is up sell equities (Selling equities instead of SGOV each month when markets are up allows me to lock in gains. And the longer I can keep the SGOV cash bucket relatively untouched when markets are up, the more "fully stocked" it will remain; and it'll be at or near 2 years worth – ready to be tapped long-term in the event of a sudden and prolonged market downturn.) Once a year, or when SGOV gets too low, I'll rebalance to replenish SGOV and get it back to 2 years worth. As bonds mature, buy another bond to keep a three-year ladder; or in a pinch replenish SGOV if necessary. >Some say keep 3-5% in cash equivalents while others say keep less because of opportunity lost. What do you all suggest/what do you do? I feel comfortable with 3 years cash, but not sure if that's the smartest course. You feel comfortable with 3 years in cash, I feel comfortable with 2. I like keeping the largest possible amount in equities for growth, so anything more than 2 years of cash would start to enter that "opportunity lost" realm. Number of years in cash pretty much comes down to personal choice, unless anyone knows of any guidelines to follow.

crashnbash25

I haven't changed my positions but I've been slowly switching to SGOV over the past few months and am finally done doing that. I have about 80k in SGov ready to let lose aggressively into the market if we see a big dip. I have around 200k invested in stocks and ETFs at this time and am slowly DCAing Reddit shares. I do frequent options as well but theyre very small trades in the grand scheme of things that kinda add up I guess which is nice. My logic is time in the market is better than timing the market but if I can catch a juicy dip I have funds to do so.

Regular-Hotel892

It is only to the extent that interest rates impact valuations right? And that is much less clear / atleast it’s much more subjective for market participants. Where as in the options market, the math is more clear isn’t it? (it’s arbitrage proof, meaning nobody would get to long a 100 delta SPY leap for only intrinsic-dividends and buy SGOV with remaining funds)

Successful_Town_759

I have been investing for over 20 years and this is the first time I actually sold everything and parked it in SGOV. It just seems like things are going to get much, much worse. Hope I'm wrong...

MagicJuggler

Welp that sucked, but I beat the metricsexcept DIA today. Helps that a third my port is SGOV/BIL while I reload powder.

IncidentSome4403

Thank fuck I have money in SGOV, we’ve been given the kiss of death

Bitter-Basket

When the market is up so much it’s “too good to be true”, I take profits on my speculative investments and put them into treasuries. And I have a reserve of treasuries (SGOV) I can tap into. I DON’T do that on my primary index fund investments. I don’t “time the market” with index funds.

azure275

Jim Cramer convinced me to hedge my bets a little lol by shilling buying stocks I didn't sell most of my portfolio but I increased the size of my SGOV emergency fund by another month or two from 6-8 months to 9-10 months

drew-gen-x

You can blame me. I just sold all but $20k of $TLT today. I will wait and buy $SGOV at the beginning of April if this bear doesn't get his $VT and $ACWX market crash low to buy : ) Who f\*ck cares about missing this month's $TLT divy payment. I want my cash and I want it now. I'm fine hiding out in cash & soybeans until then.

Kachowxboxdad

This has been such a peaceful week staying largely in SGOV

p_viljaka

"The only way SGOV dies is in a hyperinflation scenario where people are literally trying to stop saving money." Thats me already 😬

Fhyzikz

Reduced holdings in EVERYFUCKINGTHING by 50% and put the rest in SGOV. So fucking tired of this shit. Market is uninvestable with retards in control

Fhyzikz

No safe havens other than SGOV, everything to $0

DecembersDragons

Be a rebel. Put it all into SGOV. Screw this stupid activity that frames the stock game as coked up gambling.  Real traders are *always* concerned with avoiding catastrophic loss. 

aeonpsych

Yea, Schwab told me the same thing when I inquired about a margin sell out order their risk desk placed to close one of my shorts that was paired with a covered long... I asked why that happened when I had a long put strike that was higher than the short put strike that they closed, and not ITM. The response was that they send out the list of options being exercised shortly after the time deadline for traders to submit exercise instructions. The OCC then has up until midnight to tell them how many assignments they were allocated. The underlying was close enough to the money and because they wouldn't know if I was assigned or not until well past the deadline for me to be able to submit my own exercise instructions on my long P, the risk team determined a potential dump in the underlying after hours would but me at risk with no way for me to cover the position once assigned. Based on that, my assumption is that options assigned appear the next trading day after assignment (since the OCC has up until midnight to notify). In your case, doesn't SGOV settle T+1, so you wouldn't be able to effectively settle transactions T+0 with the sale?

Sad-Airman

SGOV immediately

BagHoldersOfAmerica

The question is can you out perform SGOV this year

sam99871

SGOV.

kinkycarbon

I’m not worried about this because my Roth and 401k are on autopilot for weekly contributions. I’m running an experiment right now for the past 6 months with 72% in a bunch of mutual funds/index like SCHD, SCHG, SGOV, SHLD, and VGT. The rest is in stocks. Basically confirmed tossing money into index funds is good for controlling downturns without incurring greater than 8% losses on a single position.

papakong88

>plan for freeing up cash before expiration  My suggestion to OP: "You sold a 23 put and if assigned you will buy 100 shares at 23 or 2300. If you cannot sell SGOV in time, you will owe one day of margin interest. Margin interest rate is about 12% a year or =2300 x 0.12/365 = = 0.76 a day. If you sell the put for 1 cent more you can get a dollar more and you will be ahead."

papakong88

You sold a 23 put and if assigned you will buy 100 shares at 23 or 2300. If you cannot sell SGOV in time, you will owe one day of margin interest. Margin interest rate is about 12% a year or =2300 x 0.12/365 = = 0.76 a day. If you sell the put for 1 cent more you can get a dollar more and you will be ahead. 

junger128

SGOV

InternNo7510

the real lesson here is just don't run the wheel on margin accounts without keeping enough cash settled to cover assignment at all times. i keep a buffer equivalent to my largest single CSP obligation in SGOV or similar, rolled over so it's always settled before expiration week.

hiphopanonomos

When SGOV and VDE are my only green tickers things aren't looking good

Bossanova12345

I’m wondering if I should buy more gold/silver or maybe just go into SGOV

MilesDelta

This is actually T+1 settlement working exactly as designed, assignment occurs at end of day, so your clock started Friday night, not Monday morning when you saw the email. Schwab didn't do anything wrong, they just did a terrible job telling you in advance. The real lesson isn't just "pre-fund before expiration", it's that selling SGOV to cover is itself a T+1 event, so you're always going to be one settlement cycle behind the assignment. Keep cash or margin headroom equal to your max assignment exposure starting 3–5 days before expiry and you'll never see that interest charge again.

diver5050

I actually did speak to someone on the trade desk. They were the ones that confirmed the assignment was done on 3/9. Apparently at close each day Schwab sends a list of all short positions and redemption to OCC. They assign at random and then send a list back to Schwab before the next day open and they log the txn. It all seems rather primitive. But anyway, they consider the transaction to have occurred on the 9th, even though neither they, nor I are notified until the 10th. As to SGOV funds being available immediately, perhaps they are for some other purposes, but apparently they don't count against that negative balance until next day.

diver5050

Yeah the amount wasn't much, but neither is the amount of interest being alternatively earned in SGOV or SWVXX. So by not getting the timing right, you end up losing more than would have been made keeping in those funds. In other words, I should have sold those funds to cover as soon as the extrinsic was gone on the options.

hiphopanonomos

Evening/night chat makes me want to go 100% SGOV. Daily chat makes me want to Yolo absolute retarded calls into prerevenue shitters

bunshew

Probably Iike $8? I was short cash in my account when I was assigned and had to pay margin interest on roughly 8k for one day (I sold SGOV to cover and then sold the shares shortly after, too) - I think it was about $3.80.

OurNewestMember

IIRC, the OCC doesn't even run the exercise and assignment process until like 10 PM ET, so the chance that you will find out (for sure) that you were assigned on the actual trade date is...roughly zero. You can expect the assignment notice on T+1. And because stock settlement is now T+1, it is generally not possible for you to raise settled cash (or shares) to deliver for assignment simply by trading on the day you received the assignment notice. So you either eat the high cost (avoidable burden) or you anticipate early assignment (work, possibly error-prone) So if you do something like selling an American-style put (naked, in a spread, OTM/ITM, whatever), it's a good idea to budget and plan for freeing up cash before expiration so you don't get hit with high financing costs as the extrinsic on the contract approaches zero. (Sometimes you may jump the gun and miss out on interest, sometimes you'll get it perfect). Like I know some of that extrinsic value I collect on the short put upfront will probably get eaten up by me rolling the put or selling SGOV or missing out on interest or whatever. But most important is to watch the remaining extrinsic to know when to jump into action...ON T+0

papakong88

OP received notification 3/10 AM but assignment was on 3/9. OP sold SGOV on 3/10.

MutaliskGluon

lmao TLT at a new low and down in the 86s now. So I blow my account up with EOSE. Get defensive with SGOV and TLT. Private credit issues, a new war, negative jobs numbers... and somehow of all the major asset classes, TLT is the worst one since I made it 40%+ of my port. TLT getting outperformed by stocks, shitcoin, gold, everything during what should be a growth scare. This is legit so fucking stupid. I have a thesis, its turning out dead on, and still getting fucked because the normal correlations have apparently completely gone out the window. Fuck this shit

basementdweller263

Makes sense. If it’s strictly BTD money, I’m leaning SGOV/T-bills + a simple CD ladder too. Any reason you’d keep any in BOXX at all vs just more SGOV? And what % would you keep liquid vs locked in CDs?

FuckingJPMAlgos

Cant handle it anymore, I think I am selling everything 2mins before close. Tomorrow could be a bloodbath, SGOV seems so much better for my sleep, a few months until this bullshit is over.

iamNotLyingMan

Yes. Thats why after the 3 month CD i wanted to switch up into SGOV

creemeeseason

I never miss a proxy vote... As for patience....if you're in a tax free account I've started holding my cash in SGOV rather than a sweep account. Having to "sell" before buying is just enough to add some friction and make you think about it.

understated_vibes

Your setup actually makes sense for a defensive bucket. SPAXX and short-term treasury funds like SGOV are basically go-to places for cash management right now, and laddering CDs is another common strategy for predictable yield. The only thing some people consider beyond that is adding a small allocation to other assets like real estate exposure through platforms such as Fundrise so everything isn’t tied directly to interest rates or equities. Are you mainly keeping this bucket liquid for opportunity during market pullbacks?

drew-gen-x

I dumped 25% of my $TLT position yesterday, so it will likely rally. $SGOV would have been the better choice. I would be careful w/ buying gold. If Crude Oil can have these wild swings gold could next and it would more likely be down then up.

CarpenterThese5372

Your cash allocation strategy is solid for building a "crash-protection" moat while still earning a competitive yield on the fed funds rate. Your mix of SPAXX for instant liquidity and SGOV/BOXX for short-term Treasuries captures high efficiency without the volatility of your tech-heavy brokerage. BOXX is actually outperforming SGOV because the box spread structure captures time value more efficiently, though it is slightly more complex. You can use AI tools like trylattice because it is perfect for monitoring this situations since you can sync these events to your calendar and get alerts if BOXX starts to reprice lower as rates drop. Having 6-12 months of expenses in these stable assets is a game changer for staying disciplined during market drawdowns.

GaylrdFocker

Use SPRXX instead of SPAXX. Slightly better yield. BOXX and SGOV are fine though. Also, just max the IRA asap. You can leave it in the settlement fund if you want, but no reason to wait to max if you're just going to have it sit in savings.

iamNotLyingMan

I read something about less taxes with SGOV

Me-Regarded

6mil in SGOV and chill

basementdweller263

Honestly your setup already looks solid for ‘dry powder’ SPAXX + SGOV is basically cash/short Treasuries. Only thing I’d watch is BOXX (tax stuff + complexity) unless you really need it. Big question: is this an emergency fund (6–12 months), or just ‘buy the dip’ money? If it’s buy the dip, I’d keep it simple in SGOV/T bills/CD ladder and call it a day.

Ok-Part-3711

Solid setup overall. SGOV and BOXX are smart plays for capital preservation right now. One thing worth considering given how tech-heavy your brokerage already is — a small slice of your safe money (maybe 10-15%) into precious metals ETFs could add some diversification that doesn't move in lockstep with your stocks. IAU or PHYS (Sprott Physical Gold Trust) for gold, and PSLV (Sprott Physical Silver Trust) if you want a higher upside allocation with more volatility. They've been doing their job as a macro hedge lately and tend to move independently of equities. Not saying go heavy, just that having some exposure alongside your T-bill position isn't a bad idea when your main portfolio is basically a Mag7 bet.

Report_Last

I got paranoid and cashed out my Schwab account last year, let the money just sit there for too long and finally put it in SGOV, should get around 5% return. Just a place to park it for a while.

RoverV

Sounds like you have a decent understanding of the markets and understand the risks. You could probably afford to put some more in . You could always move it to a brokerage, put it in SGOV and DCA in and DCA out of broad market funds as you’re comfortable. Over a 10-15 year timeline that’ll most likely beat the CD.

Iscratchmybutt

I cloned him and Li Lu. Could’ve just put it in SGOV and still made more smh

Natural_Note5282

Your brokerage likely doesn’t provide a separate line for state tax exempt dividends and SGOV isn’t 100% treasuries. Not a huge deal but a little more hassle to do your taxes. Don’t have to worry about this if you buy from the feds on treasury direct

False_Comedian_6070

You might want to look into SGOV etf which has a slightly higher yield and you don’t have to pay state taxes on the return. A lot of people use it instead of an HYSA. The only issue is that you can only get your money out when the market is open.

ShellfishJelloFarts

!p SGOV

MiniTab

I have credit cards to handle emergencies. I keep my “savings” in SGOV, which I can liquidate in less than two days. I’m not going to immediately need $30,000 in cash outside of a hostage situation. I always have at least $10k plus that is available immediately in my checking account for some random cash situation.

Iunatic

Maybe stocks aren't for you. Stick to SGOV

claytakephotos

The price effectively resets every month. Total return on SGOV doesn’t mean shit.

Oglifter8336

Did Schwab block equities trading for the rest of night? I was able to sell on thinkorswim a few hours ago. Was going to buy some SGOV now but the app doesn’t show overnight trading now. Wtf. Lol.

PureSpecialistROTMG

Thank god I am 80% on SGOV right now

BigWarning8696

If you're not close to retirement, I wouldn't do anything. If within 10 years, 3/4 SGOV 1/4 GLD and wait it out

Deadsea3132

META is 16% of my port, OPEN (ashamed to share) is 11%, UNH/MSFT 5%, NBIS/SNDK/HOOD 2% The rest is cash in SGOV

StagedC0mbustion

Been mostly SGOV and international equivalents but still the hit that they rest is gonna take always stings

Fit_Combination6988

SGOV and chill anyone?

deadfishlog

SGOV and chill

bdu-komrad

What brokerage are you at? Like I told the person who asked this same question 10 minutes ago, if you have significant state tax then use tac advantaged MM like FDLXX or ETF like SGOV. Else find a low cost equivalent of those two.

Affectionate-Log-466

I use sgov as a ballast in my portfolio. 65% of my net worth is in it. Mostly because I won’t put all of my made money into the market, not my risk appetite. But also I only borrow money from myself through a pledged asset line of credit against my holdings. They will loan 90% of sgov versus only loan 70% value of a stock SGOV or another bond etf not only down the income but creates tremendous borrowing power against your portfolio

_galaga_

Taxes can also factor into it depending on the state you live in. Funds like SGOV avoid state income tax but you may not need to optimize for that.

bam2350

I use SGOV in my brokerage account. Did you ask why this advisor suggested this? Did the answer make sense to you? Does this person have a CFP credential or other fuduciary responsibility?

TJMBeav

Never hurts to take a profit. Put it in $SGOV and chill for a bit

zxc123zxc123

I'm going with SHY + BOXX but SGOV has it's upsides. Esp in IRA/roth/401

AstroNawt1

SGOV for the win!