ilmscore | Prediction Details
"For example, there's an ETF called SG OV. This ETF, SGOV, is a short-term treasury ETF. Meaning, the price of this ETF doesn't really vary. You're investing into this ETF just to generate monthly interest. And because it's an ETF, it trades on the stock market. So, you can buy it with any stock brokerage that you have. And now, you're going to be getting paid with monthly interest payments deposited into your account. Kind of like a dividend, but it's not a profit share. It's an interest payment that you're getting. And it's going to be monthly, not every three months like most dividends are. And because it is a treasury, meaning a loan to the United States government, you get some additional benefits, which is that your interest is generally not subject to any state taxes or local taxes. So, if you are in a high tax state like New York or California, this could be nice because now you can generate interest and not have to worry about paying these taxes. But there are a couple risks you want to be aware of. Number one, the interest rate that you're going to get is going to depend on the interest rate set by the Federal Reserve Bank. Like at the time of recording this video, SGOV is paying out an interest rate of around 4% a year."
By Minority Mindset | September 17, 2025 | Pending
From video
3 Passive Income Assets The Rich Are Buying Right Now (While You’re Working) 00:18:47 - 00:19:50
Interpreted Prediction
The SGOV ETF is a short-term treasury ETF that provides monthly interest payments, which are generally exempt from state and local taxes. At the time of recording, it was yielding approximately 4% annually.

Prediction Details

Ticker
SGOV

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