@@pazuzuxx well, 80% or so is invested in short term treasuries, so I think it's pretty safe. Even if there was some loss, I can't see it getting out of hand. The operations are pretty transparent unlike Madoff.
My guess is execution error. It’s had similar dips(although not as large) in the past and it has swiftly recovered. It hasn’t yet, but there is still a chance. Another hypothesis could be that they are collecting their fee all at once instead of a bit at a time.
Wouldn't dividends from SGOV be taxed at the 15% typically as long as I hold it for 90 days? Unless I'm confused about this you'd have to hold BOXX for a year to pay a similar rate.
they way i understand it, SGOV payouts are taxed as ordinary income. BOXX capital gains for longer than a year will get taxed as long term capital gains. i’d certainly like to be corrected if i’m wrong 👍
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I'm excited about juicing the most out of my cash as possible! Who knows of a better instrument?
Be very careful. That's how Madoffs chart looked like as well
@@pazuzuxx well, 80% or so is invested in short term treasuries, so I think it's pretty safe. Even if there was some loss, I can't see it getting out of hand. The operations are pretty transparent unlike Madoff.
I like USFR, which I hold in my IRA. I don’t know if it’s better, especially in a taxable account where BOXX shines, but I think it’s really good.
@@SlavElenkov I thought it invest in BOX option spreads ( lends money) on SPX and that is teh 100% use?
@@SlavElenkov How can they allow you to take capital gains tax if it's mostly short-term treasuries?
Why did BOXX go down .28 about a 1/4 percent on 8/13/24 ?
My guess is execution error. It’s had similar dips(although not as large) in the past and it has swiftly recovered. It hasn’t yet, but there is still a chance.
Another hypothesis could be that they are collecting their fee all at once instead of a bit at a time.
Wouldn't dividends from SGOV be taxed at the 15% typically as long as I hold it for 90 days? Unless I'm confused about this you'd have to hold BOXX for a year to pay a similar rate.
they way i understand it, SGOV payouts are taxed as ordinary income. BOXX capital gains for longer than a year will get taxed as long term capital gains.
i’d certainly like to be corrected if i’m wrong 👍
@@SlavElenkov you're probably right, they might not qualify for the preferred rate
ETFs don’t pay qualified dividends unless their holdings do. T-bill interest is non-qualified.
does the tax matter to those who are not US taxpayers?
you’ll have to read up on your local tax laws. you’d be taxed differently in different jurisdictions