SGOV

Melodic-Scheme8794

SGOV slashed my dividend by 10% today. Fuck JPow.

Any-Cup8629

Lmao, SGOV

gotnothingman

SGOV, guaranteed payout in one month.

Heyhayheigh

SGOV

jerseyben

Almost in the exact same situation. SGOV is great for a safe place to park your money. Here's the rub... You get excited by the state tax exemption, which is huge in NJ. However, it's still ordinary dividends. This isn't something that gets brought up enough. If you live in NY or NJ, chances are you are high enough income that you still get nailed on these ordinary dividends. That's why I'm currently looking for something fairly conservative that pays Qualified Dividends. SCHD or ADX is an easy one but also exploring alternatives.

rkoloeg

I just use a spreadsheet and the money is all in one fund (VMFXX in my case, but SGOV works too). Currently I have about a dozen categories in there. Alternatively you can make separate brokerage accounts for separate purposes if you want the the interest from particular funds to roll back into them (although you could track that in the spreadsheet too). I did this with my future house down payment, it's just in a separate brokerage account labeled "House".

GaylrdFocker

I use BOXX as my Emergency Fund, SGOV as my Escrow and future IRA contribution fund, and SPRXX as my sinking fund. There are plenty of other funds you can do this with, it's just a matter of what you are comfortable with.

DennyDalton

If you have $5k, then an initial margin rate of 50% means $10k of buying power. Doing so with SGOV will net you $10 per month. If you put the $5k in a treasury bill or your broker's MM fund and you earn 3.85%, you'll net $16.67 per month. So what have you accomplished by buying SGOV on margin and earning a lower return? AFAIK, a broker (not portfolio margin) will not allow you to sell puts against a fully margined position, leveraging the leverage Let's ignore the SGOV and focus on the puts. The typical margin requirement for a naked put is about 20%. If you fully leverage, you're adding much more notional value than you have buying power. For example, with $5k, if you sold two puts with a notional value of $50 (strike price less premium) and you were assigned, you'd have to buy $10k of stock. Your buying power could handle that. Assigned on more than two of the five @ $50 would mean a margin call. Now, a quick lesson on margin. As noted above, Reg T margin for long equity is 50% (brokers can require more). The Reg T maintenance margin (MM) for long equity is 25%. Brokers can require more and it is typically 30% (for example, Schwab). Despite what many think, this does not mean that stock price can drop 50% before you get a margin call. It means that there must be a minimum amount of equity value of 30% or more of the total value of the margin account. For buying $10k with $5k of collateral, that means that if the value of your position dropped below $7,143 (a loss of 28.57 of its value), you would get a MARGIN CALL!!! (7,143 - 5,000)/7143 AFAIC, if you want to leverage a bit, use vertical spreads so that the potential margin requirement doesn't blow you out of the water.

Away-Tour-203

Consider your risk tolerance and investment goals. If you are looking for stable income and don't want to take on the risk of price fluctuations, SGOV might be a better choice for you. In contrast, VNYTX may offer a higher total return, especially considering taxes.

Heyhayheigh

You should have asked chat gpt. It would have told you to not use long duration for an apples to apples comparison. Long duration munis introduce price risk. There is a short duration find. But honestly it’s just easier to use SGOV. VYFXX is the other fund according to jippity. I didn’t check for hallucinations, fair warning.

therealjerseytom

VNYTX are long-duration bonds, SGOV is very short duration. The significance is that long bonds have much more interest rate sensitivity, as you can see in a chart of VNYTX versus time; your principal amount can fluctuate up or down and there's risk associated with that. Whereas SGOV is very steady. There are short-duration muni ETF's out there though, like JMST.

smb3d

I'm interested in this as well. I also have roughly $200,000 currently in SGOV. The yield isn't as high as it used to be as well.

Heyhayheigh

I think you’re right. But that HYSA won’t beat SGOV for long. And what state do you live in? Do they have state tax? Because SGOV would be better for that as well. Brokers also allow you to know historical performance and compare to a benchmark. So you would know what you gave up by not being invested in VOO and chilling (sp500 for example). It is a slight tweak. But a great habit for you guys being so young. I find people spend HYSA way easier than liquidating SGOV to spend. You would think it shouldn’t make a difference, but I can tell you anecdotally it does. Either way best of luck. My comment was meant to help. Take with grain of salt.

Actual_Stranger_1766

maybe i’m wrong but i think her 4.1% is currently paying a higher % then SGOV currently? maybe not by much?

Heyhayheigh

Use SGOV instead of HYSA. Buy whatever of those ETFs you like, just do it auto and weekly if you can. The best plans don’t rely on self discipline. Sell only when you have an urgent expense to pay for. If you want to switch the auto, that’s fine: VOO to SCHG to QQQM or whatever. Just never remove the auto. Always have an auto. Work to increase the auto. The longer you do this, the richer you will be. Best of luck!

Sufficient_Winner686

Open a brokerage with Fidelity, they have no trading fees and it’s free to open the brokerage. From there, you’ll transfer the balance into the brokerage. It will automatically go into what’s called a money market account, which is basically a HYSA that pays like 3.5% APR. What you’re going to do now is buy SGOV. It’s a stable 0-3 month ETF that holds bonds. Low risk, money pay, roughly 4.5% annual return. You’ll hold here and watch the market. You’re waiting for a day where SPY drops by around $10 per share. It happens every few months just by folks taking profit. This is what’s called your buy-in price. The next day or two, the price will recover and continue up. This is a pattern I have followed for a while now. SPY is an ETF that tracks the S&P500. It generally returns somewhere between 15-20% on average years and 25-30% on good years, and of course it can be negative on bad years. You’re looking at a 30 year investment horizon. If you just do this and add to it, you’ll retire a millionaire.

Heyhayheigh

Use SGOV instead of HYSA. Buy VOO auto and weekly. Whatever you can afford after having emergency fund. Sell only when you have an urgent expense to pay for. That’s it. That’s all you really need to know. Your 401ks should be sp500, your Roth can have some stocks if you want a little more spice and have super long time horizon. All bluechips, don’t trade in and out. Spend less, invest more, automate. Don’t panic sell. That’s all anyone needs to know. You probably should find a trustworthy pro and delegate these tasks. They will soon not be worth your time to keep up with. Best of luck and sounds like you will do great!!

bam2350

Minimal risk: HYSA, SGOV, Treasury Direct, CDs Historically dependable but has risk: VOO, DIA, VTI, ect. Plow money into saving while you can -- establish your emergency fund, max those tax advantaged accounts, pay yourself first, save for your next car, save for a down payment on a house

PashasMom

I do, but within reason. I'm not going to have 12 different sinking funds with 12 different ETFs. Right now I have four: SGOV (taxes), VUSB (home improvements), PAAA (pet emergencies) and TBUX (travel). This is in addition to my general emergency fund which is in a money market fund.

therealjerseytom

I don't get that granular, no. I suppose there's no harm in it; there are several ETF's out there similar to SGOV.

DoinIt4DaShorteez

You can do it, but it's kinda ridiculous to not just be able to do it in your head. Just put all the money into SGOV and get a bunch of envelopes and write the purpose and amounts on them as you go.

Orki030

Good morning, my view. The benefits of ETFs such as SGOV for different savings goals can be seen as a modern implementation of the proven envelope system, which offers advantages in flexibility, return opportunities and overview, but also requires more management. Corresponding recommendations can often be found in savings and ETF communities, while financial experts take individual risks and costs into account.

therealjerseytom

Impact on SGOV? Probably none. Are there ETFs that benefit from a Treasury sell-off? Sure; there are inverse ETFs out there.

mulberryzeke

Get her in SGOV. It's very short duration gov't bonds, so no interest rate risk, and ~4.2% 7day yield. Very liquid.

TwistedPacket74

I have RH and on my account I can only use cash to buy a CSP not stock of any kind. Test it out and buy $2500 worth of SGOV and see if you can use it as collateral I don't think you can.

MutaliskGluon

Lost 2.5% on the port today as EOSE tanked 10% and my QQQ puts were only up 2%. 50% SGOV and I get a 2.5% down day as my high beta long just got demolished. Rough day. (this is for the people who say all i do is lie about buying low and selling high)

MutaliskGluon

omg look at the EOSE chart for today. Jesus christ I got fucked today haha. 2.4% down on the port today, and thats with the port being 50% SGOV as well as being long/short to hedge lmao

Sufficient-Curve-853

Works if ISHG or LEMB have a higher div in late Dec and the money returns to SGOV.

StatisticalMan

Dividends are not free money. The shares go down by the amount of the dividend paid. Exactly to the penny. The shares accrue value daily regardless of when the dividends are. SGOV could change to one dividend per year and it wouldn't change anything.

bobdevnul

Yes, SGOV and similar funds have two dividend payments in December, one early in the month and one late in the month. There will be no dividend payment in January. There will be one in early February. That schedule is still close to monthly. There is nothing to be gained by selling and rebuying.

I_like_code

I’m in favor of just putting it in the market now. At the very least put them into the IRAs and buy something like SGOV until you figure out what you want to do.

redhill_qik

No, it doesn't make sense to sell and re-buy. The dividend payments are determined by the interest rate for the short term Treasury bills that SGOV holds and the days between each distribution, so the second December distribution is lower and the February distribution is higher.

Sufficient-Curve-853

Interesting idea - there is definitely some mismatch in dividend dates between iShares fixed income - say SGOV vs. ISHG or LEMB - although those 2 skip some years entirely. If the account is not taxable it could make sense but also seems like some extra work that might not amount to anything. Would be wild if big hedge funds or that math guy that died recently, Jim Simons, had some massive play around year-end fixed income divs.

SirGlass

What are you trying to accomplish by doing this ? It doesn't matter when you buy or sell SGOV ?

StatisticalMan

There is no free money in the market. The value of SGOV shares accrued roughly 1/365th of the annual yield each day. Every day you get 1/365th the yield (minus a tiny amount of variance). What day you sell or buy or buy and then sell or sell and then buy has no impact on anything.

dankappledrank

I noticed that for whatever reason SGOV pays twice in December and has 0 dividend payouts in January. Does it make sense to move that money to a HYSA/another bond ETF for the month of January and then back into SGOV before February's Ex-Dividend date? Or am I missing some important detail here that means it makes more sense to just leave it in SGOV for all of January, e.g. the underlying price of SGOV will dip enough after December's 2nd Dividend payout that exiting SGOV in early January will negate any potential gains.

SnS2500

\> My understanding is that it does NOT matter what day of the month you buy SGOV /thread

BinBender

SGOV is very liquid, and it's hard to get screwed. Just trade during regular trading hours, and the spread is tight (rarely more than a cent), and your order will likely be filled close to mid price. If you overpay by a cent, you lose a dollar, or one day's gain. Don't sweat it. If you trade outside of regular trading hours, you'll need to pay a bit more attention, as the spread can be wider. Still, if you miss a little, you won't get *screwed*. You'll usually be able to trade very close to the closing price, maybe add a cent or two in premarket. On the first of each month, you need to subtract the monthly dividend.

WinstonSalemSmith

Yes get out now and open a regular account with Fidelity, Schwab etc as suggested above. Then go with conservative investments such as VOO or Berkshire Hathaway BRK -B. If you want to wait on stocks SGOV short term USA bonds pay over 4 pct annual interest. This is like holding cash + interest. International bond fund is BNDX, also over 4 pct, but I don't think the duration of the bonds is as short. The point is you can make $4K/yr this way.

TJMBeav

$SGOV

ladyeclectic79

SGOV essentially pays out its “dividends” on a daily basis. The stock goes up ~$.01/day, with a few days where it might jump a few extra cents or stagnate. Folks know this so they’re not going to buy for a higher limit price as it’ll just get to that new point in 1-3 days. All that to say: buy today at whatever price the market’s at. Even if you hit it at a higher limit price today, each share will still be worth more by tomorrow or Wednesday.

Slartibartfastthe2nd

Depends on the volume of shares being purchased. The spread on SGOV every time I look at it is $.01. A one cent difference on 100 shares is $1. If you are sweating that then you likely have larger issues.

investingtruth

You're leveraging twice here by borrowing to buy SGOV, then selling puts against it. If those puts get assigned, you need cash to buy the underlying stock. With only $10k in SGOV as collateral, you might not have enough buying power, triggering a margin call or forced liquidation. You're also paying 5.25% to borrow money to earn 3.85% on SGOV, that's negative carry on the borrowed $5k. The put premiums have to cover that gap or you're losing money. The math looks good until something breaks and with leverage, things break fast. Start with cash-secured puts first to learn the strategy without margin risk. Only add leverage once you've proven it works without blowing up your account.

N0downtime

Only use the $5k in SGOV. Then you aren’t paying interest. You can still sell puts on your whole buying power if you like.

Doctor_Raymos

1. SGOV bought on margin cannot be used as collateral for CSPs 2. The "entire profit" you are talking about is 60$/month. And the risk? Margin risk, Bond risk, Liquidity risk, Assignment risk, volatility risk, margin call if SGOV lowers even slightly 3. Point 1 means that your CSPs are not cash secured, they are naked. Your cash will already be used, you get margin called, and you will owe a LOT of money you probably can't pay. 4. SGOV yields 5.2%, you borrow at 5.25%. That is a negative carry trade You're essentially trying to create a worse version of the wheel

papakong88

Correct, but only 70%. The SGOV you bought on margin has no cash value.

Initial-Front-777

I believe SGOV would be treated as cash equivalent, which would count towards cash.

Initial-Front-777

My understanding is that SGOV can be used as cash or cash equivalent. 🤔 The margin interest rate with the broker I would use for the trade is 5.25%, not 12%.

Initial-Front-777

Explain please? I understand margin % rate is higher, but I’m pairing it with my own cash. I understand it as the margin interest expense will be less than the SGOV return.

Initial-Front-777

It’s seems to me using margin directly is more risky than putting it into sgov to use as collateral. The price on SGOV won’t fluctuate as much as an option price would.

Initial-Front-777

Im using robinhood for this trade. I believe the maintenance ratio is 25% on SGOV.If im doing 50/50 I believe I should easily meet the requirements.

papakong88

You have 10 K in SGOV and have 5 K in margin loan, your equity is 5 K. Only 5 K can be used as collateral to sell options. Most brokers charge 12% margin interest.

Costheparacetemol

When red rates change, both the interest on new SGOV and also the margin rates both change too so unlikely to mess with the general plan

Costheparacetemol

That’s true, however fwiw I believe Robinhood allows 99% of SGOV to be used as collateral.

Party_Shoe104

Seems genius to take out margin on SGOV as it should not be too volatile. Although, what happens to your margined SGOV position if and when rates drop? Based on the Fed watch tool, there is currently an 87.6% chance that the Fed drops rates by quarter percent on Dec. 10th.

ImprovementMain7109

Your 50/50 VT/SGOV idea isn’t crazy, but at 60 the right mix depends way more on: when they actually want to retire, Social Security/pension amounts, debt, and how much they spend. Before touching allocations, I’d map that out and probably pay for a one‑time session with a fee‑only CFP, just to avoid guessing with the last 20–30 working years.

Siks10

I did something similar a year ago. With "cash" you mean SGOV, right?

papakong88

If you are selling naked puts, you will use the buying power of your securities as collateral. In terms of buying power, SGOV do not have as much buying power as T-bills or money market funds. SGOV’s BP is 70% of its value while T-bills have 97% and money market funds have 100%. I do not use SGOV. In terms of safety and yield, all three are about the same.

SDirickson

>SGOV has lost 40% of its value since 2022. No. If you can't read charts, the wheel may not be for you. SGOV has been flat +/- less than a percent for over 5 years.

Siks10

What now? SGOV is near ATH

golden_bear_2016

> SGOV has lost 40% of its value since 2022 lol what

TreeEven2890

What chart are you looking at friend? SGOV stays tight around $100 per unit, its the monthly distribution that fluctuates depending on interest rates. This is a solid pseudo-savings account and pays better than a bank

disparue

Are you sure you're looking at the right ETF? SGOV is 0-3 month treasury bonds.

Glad-Veterinarian365

If possible, put the SGOV in a non-Roth account. There is no state tax on SGOV, so don’t waste that little bonus in a Roth account where there already aren’t taxes. If his state doesn’t have income tax then who cares

cachry

SGOV is an ETF pays interest on a monthly basis. If he has been letting the interest build up he may have some money to invest elsewhere, or not.

Str8truth

Age 60 is not a great time to take on risk. Maybe he's saved enough in CDs to meet his needs. You don't want to risk losing his perfectly safe investment. He's old enough to remember bear markets that you've never experienced in your investing career. If he's open to taking on more risk for a higher potential return, I think it would be good to use a single target-date fund or a conservative balanced allocation fund that will maintain an appropriate mix of stocks and bonds. VT may look a bit too aggressive and SGOV may look a bit too conservative on his account statements.

Amari__Cooper

I mean if he's been in CDs that's better than nothing. Going into SGOV is basically the same as a competitive CD with the exception of having to wait until it matures. I would just tell your dad to start contributing to some low risk ETFs and call it good.

taplar

An added note being that an investment like SGOV, which invests in federal bonds, is exempt from state and local taxation. So if you reside in a state with high capital gains tax, this is also an important factor with comparing it to something like a HYSA which gives you pure income.

taplar

SGOV is around 3.8% and VSUXX is around 4.21%

MaybeTheDoctor

At that age don’t do VOO for her self, SGOV is likely better as she gets money market high yield interest, low risk and good liquidity to pull the money out when sad one high ticket expense comes along.

IHadTacosYesterday

what's the downside of me parking all my cash temporarily in SGOV?

EmpathyFabrication

Schwab doesn't have a sweep account like I think Fidelity does. Your cash account at Schwab yields like 0.65% or something ridiculous. Your options at Schwab are bonds, a bond fund like SGOV, etc, or a MM mutual fund. Also it depends if you will incur a Cash on Hold balance then it has to go into a marginable security like SGOV etc. or some of the mutual funds are marginable after a certain amount of time.

Slartibartfastthe2nd

if you have a brokerage account, you can put your money into the SGOV etf. It's a short term U.S. treasury fund which is as safe as anything else you will find, and is currently paying over 4% tax sheltered dividends.

__redruM

3.5% (OP’s number from above), TAX FREE, sounds like putting the money in SGOV and paying taxes. Not to mention what index funds would return, or equity in real estate.

Heyhayheigh

Where did you get the “significant amount of money”? Was it money you had on the sidelines? Dry powder? Or did you sell something else to switch to this? If you’re passionate about personal finance, automate. Buy VOO on an auto weekly basis. Sell only when you have urgent bill to pay for. That’s it. That’s all personal finance is. Spend less, invest more, sell when you need to pay for something. This is no insult, but I bet you’re confusing passion with needless emotion. How you feel is irrelevant. Money is about when you will spend. Super short term, checking account. Short term emergency fund or known larger expenses, SGOV. The rest, some other plan (VOO is fine), but always auto and weekly. You will learn other more advanced things as you go. Roth, tax loss harvesting, maxing 401k to lower taxes. Rome wasn’t built in a day. But the foundation is always spend less, invest more, don’t rely on self discipline, do it auto. Work to increase that auto. You shouldn’t have large sums take advantage of dips. You’re likely doing it wrong. Or if you make good money find a trustworthy pro and delegate the task for the majority of the work and you just do small amounts on the side. Best of luck.

HaruoPanda

Using margin to pay off higher-interest debt can make mathematical sense since you'd reduce your interest costs, but it comes with significant risks. With your ETF portfolio, the main danger is a market downturn triggering a margin call. If your investments drop 20-30%, your broker could liquidate positions at the worst possible time. Margin requirements can also change without notice. While your SGOV (short-term treasuries) provides some stability, your QQQ and BTC exposure adds volatility. Consider safer alternatives like a balance transfer credit card or personal loan refinance. If you do use margin, have a backup plan to quickly pay it off if markets decline.

fakerfakefakerson

Yet you hold SGOV, which is yielding 3.85 and dropping

GaylrdFocker

Just sell some of your SGOV. WTF?

watchtower1822

Commodities going wild and US consumer already struggling. I think it's SGOV time.

Quirky-Video-9146

Me too. I am gonna do SGOV till I feel like this crisis has been averted. I don't mind waiting with a 4-5% yield every year till I feel the market is priced correctly. I may be wrong but at this point, who knows what will happen after the midterms. The middlterms are rht glue holding this crapshoot together. Once the midterms are over, the government has no incentive to keep propping this up.

RedditUser32804

I utilize OTM LEAPS because of the crash protection they provide. I don't know why, but I really am always worried about the crash. The IV spike during crashes cushions the loss in the option. I am willing to give up some of the upside for this protection. However, I buy the same total delta in OTM options that I would have purchased from one deep ITM option and move the money saved into SGOV. This keeps me from over-leveraging the options.

2020Macthedog

I would skip the bank and just use a brokerage like Schwab. You can roll your cash into $SGOV. You can transfer money to the others easily with Schwab. $SGOV is very liquid and pays roughly 4%. Just an idea

Over-Computer-6464

70-80% bonds is lower risk from variations in price but has great risk from losses from inflation over the longer term. I would recommend a more traditional split such as 60/40. 60% broad based index ETF like VTI that tracks the total US stock market. Then split the 40% allocation to fixed income between cash-like holdings such as money market funds or the SGOV 3 month Treasury bill ETF and the other half of the fixed income allocation to a broad bond ETF like BND.

2020Macthedog

WTF is wrong with $SGOV. What is the going effective rate for annuities? Bad advice

2020Macthedog

$SGOV good. Pro not

Sad_Car3155

Hello, 24M entering into a masters program that starts in january. because of how rigorous the program is, I won't be working for the next 2ish years while I study. I still live with my parents so i dont pay rent, food and transport is all covered by family. I do have a long term partner and do buy them gifts, but I've worked a decent amount at my job I had that I have enough saved up for "gift giving" or dates. My question is, should I take any excess scholarship money/student funds (they are reimbursed to me directly rather than disappearing) and invest them into something following bogle like vti/vt/vxus, or should I keep them in SGOV/HYSA as an emergency fund even though my expenses are a little less than 600/month. For reference: - this rainy day fund would be about 30k usd at the start of my program - current investments: 24k roth (maxed out this year), 6k 401k, 7k in my checking

Adventurous_Elk_4039

\> *I think I want to save what I have right now primarily for retirement instead of for a house or other large payment, since I know time in the market is the most important aspect of investing.* This means you may not want to put everything into the market then, especially if these goals are short term. Not sure how old you are, but I imagine that might be a ways off (5+ years). If you think you will NEED some of this money sooner, you might want to consider putting some of it into a money market or treasury fund (something like SGOV for example). \>*Should I increase the % of my balance in FXAIX, since it is a long term investment? Or should I take more risks since I am still very young?*  All equities is PLENTY risk, and you just fine in going all equities when you are so young. I wouldn't worry about gold/silver etc. I would honestly go all FXAIX/similar and......... \>*Last thing - should I invest outside of the U.S. too?*  Absolutely. The US has done very well recently, but that wasn't always the case, and we can't predict the future. My personal preference is \~75% in a total US market fund (I use FSKAX) and \~25% in an Ex-US fund (I use FTIHX). The standard recommendation is anywhere from 80/20 to 60/40 for US vs ExUS. Everything else you mentioned... day trading, REITs, individual stocks, commodities, etc. I wouldn't worry about any of those. They offer significantly more risk with less expected payoffs, so not worth it IMO. Because you have such a long runway in front of you due to your age, your best bet is to just invest in board market index funds and be consistently contributing over time. Do this, and live below your means, you will have millions in retirement even on an average salary.

Sad-Airman

Market goes up, I make money I'm happy. Market tanks I'll deploy all my SGOV into stocks that is rotting away. Either way I'm happy. This is the peace of mind holding cash and not being leveraged to the tits

MCB1317

SCHD ... truly the most inexplicable of all investing decisions. Nothing like having a total return over the past year of about 2%. SGOV or HYS wildly outperformed it thus far in 2025.

MutaliskGluon

QQQ has spent most of today in an untested daily FVG resistance. With VIX crushed I think its worth getting some puts here with a condition of closing them if QQQ closes a day above this FVG. Gonna sell some SGOV to start this position

Retropixl

Hey man you do you, but having a good portion of your portfolio in SGOV is basically timing the market.

thenuttyhazlenut

I'm not trying to time the market. I just refuse to buy companies at sky high valuations. I hold good companies at reasonable valuations, and the rest of my portfolio is in SGOV. I'll do fine long-term. If I'm house shopping, I'm not going to pay anything just because the house is really nice. When I find a shirt I like, or a pair of pants, I tend to look at the price tag.

DoinIt4DaShorteez

Yeah no need to take additional risk at this point if he doesn't even currently need the RMDs for living expenses. If the 403(b) is around $1 mln, then you're talking about a first year RMD of around $37 - $38k. Put that in SGOV it'll earn probably around 3.5% ($1,300-ish) in the next year.

DoinIt4DaShorteez

They could (probably in order from least volatility/risk to most): Park it in short-term Treasury ETF like SGOV Or a fund with a profile like you described Or a target date fund or ETF where the target date is close to the year he turned 65

Heyhayheigh

SGOV, but they should be finding a trustworthy pro. Vanguard or Fidelity. They are cheap and nice to the risk averse.

ladyeclectic79

I use both. Chase has mine and my hubby’s Roth IRAs since they allow auto-investing for mutual funds, as well as our emergency fund in SGOV and VBIL (still waffling on which I like more) so I can have it close in case we need it. However, hubby’s 401k is through Fidelity as is our taxable brokerage investing. I’m also planning to start an HSA account through Fidelity next year and transfer my HSA money over to take advantage of lower fees vs my job’s company. A couple tips: you’ll need to link the accounts both ways and sometimes it’s a bit confusing to get it done since Fidelity isn’t a bank listed on the Chase site. Money that you push from Chase (vs pull through Fidelity) will clear/settle faster although there’ll be a day or two delay.

Heyhayheigh

Keep an emergency fund in SGOV. Then make a plan to invest part of your income each month. Do this automatically. Make it your routine. Money is about when you will spend. That much all at once is an advanced move. Find a trustworthy pro to work with. Best of luck.

Heyhayheigh

Just buy VOO on an auto weekly basis. Sell only when you have an urgent expense to pay for. Keep and emergency fund with SGOV for whatever makes you comfortable. Just know you are losing out to growth. Use international if you want. But you could build wealth with just VOO if you have the stomach for the swings. After a while of pure DCA you will realize it is all just noise. Add auto and weekly. It’s basically like a 401k with normal money. Or find a trustworthy pro. Best of luck.

MCB1317

If OKLO has ever been in your portfolio, stick to SGOV and VTI.

Sad-Airman

The fed is about to start the money printers for the first time in 3 years and you are holding SGOV waiting for the big correction?